Walmart stock: fundamental analysis
Stocks · WMT · Consumer Defensive
Walmart Inc. engages in the operation of retail and wholesale stores and clubs, ecommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club U.S. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.
- Price: 106.73 USD
- Market cap: 846.8B USD
Data as of September 18, 2026 · Yahoo Finance
Quick read
Business quality
ROE of 22.3%: it earns a high return on shareholders' money. Out of every 100 in sales, 3.0 end up as profit.
Financial health
Net debt/EBITDA of 1.4x: it could repay its debt with less than two years of operating profit. Comfortable leverage.
Growth
Revenue is growing 5.9% year on year: modest growth. Earnings are down 9.1%.
Valuation
It trades at a P/E of 38.7, above the 24.3 median of the consumer defensive companies we track. On expected earnings the P/E falls to 33.0: the market expects profits to rise. Paying more can be justified by faster growth or a higher-quality business.
Dividend
Dividend yield of 0.9% (0.99 USD per share per year) with a payout ratio of 35.0%.
Tools
All metrics
| Walmart | Sector median | |
|---|---|---|
| Business quality | ||
| ROE | 22.3% | 29.7% |
| ROA | 6.4% | 8.8% |
| Gross margin | 24.8% | 52.5% |
| Operating margin | 3.5% | 15.6% |
| Net margin | 3.0% | 11.1% |
| Financial health | ||
| Net debt/EBITDA | 1.4x | 1.6x |
| Debt/equity | 0.7x | 0.7x |
| Current ratio | 0.8x | 1.0x |
| Growth | ||
| Revenue growth | 5.9% | 6.2% |
| Earnings growth | -9.1% | 16.9% |
| Valuation | ||
| P/E ratio | 38.7x | 24.3x |
| Forward P/E | 33.0x | 22.4x |
| EV/EBITDA | 20.8x | 17.9x |
| Price/book | 9.0x | 8.5x |
| FCF yield | 0.8% | 2.8% |
| Dividend | ||
| Dividend yield | 0.9% | 2.5% |
| Payout ratio | 35.0% | 51.7% |
| Beta (volatility) | 0.6x | 0.4x |
Frequently asked questions
What is Walmart's P/E ratio?
Walmart's P/E is 38.7 based on trailing 12-month earnings and 33.0 on expected earnings. The median for its sector among the companies we track is 24.3. Data as of September 18, 2026.
What dividend does Walmart pay?
Dividend yield of 0.9% (0.99 USD per share per year) with a payout ratio of 35.0%.
Is Walmart stock expensive?
It trades at a P/E of 38.7, above the 24.3 median of the consumer defensive companies we track. On expected earnings the P/E falls to 33.0: the market expects profits to rise. Paying more can be justified by faster growth or a higher-quality business. This is an educational reading based on ratios, not a buy or sell recommendation.
Does Walmart have a lot of debt?
Net debt/EBITDA of 1.4x: it could repay its debt with less than two years of operating profit. Comfortable leverage.
What is Walmart's market cap?
Walmart has a market cap of 846.8B USD and its shares trade at 106.73 USD, with a 52-week range of 98.88 USD to 135.16 USD (data as of September 18, 2026).
Other companies in the sector
Trailing 12-month metrics. Educational content, not investment advice.