Walmart Inc. (WMT) stock analysis
Company overview and business model
Source fact: 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. It operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; and ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites. It offers grocery items, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and fuel and other categories. In addition, it is involved in the provision of health and wellness products covering pharmacy, optical and hearing services, over-the-counter drugs, and protein and nutrition products; and home, hardlines, and seasonal items, including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, and mattresses. Further, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Additionally, it operates digital payment platforms; offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access; and markets lines of merchandise under private and licensed brands. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.
Classification: NASDAQ · Consumer Defensive · Discount Stores
Revenue and growth
Source fact: Revenue was USD 713.16 billion for the period ending 2026-01-31.
Caverian calculation: Revenue changed +4.7% (FY2026 vs FY2025).
Profitability
Source fact: Net income was USD 21.89 billion in the latest reported period.
Source metric: Reported net margin was 3.1%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 10.73 billion.
Source fact: Total debt was USD 67.09 billion.
Source metric: Current ratio was 0.79x.
Cash-flow analysis
Source fact: Operating cash flow was USD 41.56 billion.
Source fact: Free cash flow was USD 14.92 billion.
Valuation
Source metrics: Trailing P/E 40.25x; Forward P/E 31.66x; Price to book 8.76x; Price to sales 1.14x; EV/EBITDA 21.88x.
Caverian model output: Value score was 32/100.
Competitive position
Classification: Peer context: Discount Stores within Consumer Defensive.
Caverian model output: Quality score was 61/100.
Caverian model output: Growth score was 57/100.
Material risks
Caverian model interpretation: Watch out: short-term cash may not cover short-term bills.
Caverian calculation: Altman Z-score was 6.08 (safe zone).
Caverian calculation: Piotroski F-score was 7/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles