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03Detailed Report
WMT
Walmart Inc
Period
Q4 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedMay 27, 2026
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Executive Summary
Walmart Inc (WMT) reported robust results for the fourth quarter of fiscal 2025, demonstrating resilience amidst shifting consumer spending patterns. The company achieved revenue growth of 5.2% year-over-year, amounting to $180.55 billion, while net income came in at $5.25 billion, reflecting a net income margin of 2.91%. Adjusted operating income surged 9.4%, showcasing Walmart's ability to enhance profitability while continuing to invest in lower prices and associate wages.
Management emphasized that their strategy to strengthen market share across diverse income levels is paying off, with increasing customer transactions both online and in stores. Significant advancements were made in e-commerce, with 16% growth, supported by innovation in delivery services and a rich assortment of products. Looking forward, management projects a stable growth outlook, aiming for consolidated net sales growth of 3% to 4% in FY 2026, reinforcing Walmart's confidence in navigating the current economic landscape effectively.
Performance Metrics
- Gross Profit Margin: 24.48% (up from 23.97% YoY)
- Operating Margin: 4.35%
- Net Profit Margin: 2.91%
- Current Ratio: 0.823
- Debt-to-Equity Ratio: 0.660
- Return on Equity: 5.77%
Management noted they are diversifying revenue streams through higher-margin offerings, particularly in e-commerce, which is transitioning to a more sustainable and profitable model through innovations and improved logistics.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
180.55B
4.13%
6.47%
Gross Profit
44.38B
6.78%
5.05%
Operating Income
7.86B
8.34%
17.16%
Net Income
5.25B
-4.37%
14.79%
EPS
0.65
-4.41%
14.04%
Key Financial Ratios
Gross Profit Margin
Fair
24.60%
Gross profit margin is moderate, room for improvement in cost management
Operating Profit Margin
Weak
4.35%
Operating margin is below industry norms, profitability concerns
Net Profit Margin
Weak
2.91%
Net profit margin is below industry norms, profitability concerns
Return on Assets
Weak
2.01%
Return on assets suggests inefficient capital allocation
Return on Equity
Fair
5.77%
Return on equity is acceptable but below top-tier companies
Current Ratio
Concern
0.82
Current ratio below safe levels, potential liquidity risk