Walmart Inc. (WMT) Fundamental Analysis

Walmart Inc. is assessed below across growth, profitability, cash generation and balance-sheet strength, sourced directly from its SEC filings. It is solidly profitable, with a latest net margin of 3%. Cash generation is currently a watch item and warrants close attention. On the latest filing several indicators are flashing caution.

Beat Index assesses Walmart Inc. across sixteen analysis tabs, spanning revenue and income, margins, cash flow, returns, liquidity and leverage, working capital, intrinsic value, commitments, insider activity, risk, and its latest 10-Q currently flags revenue growth, profit margins, cash generation and balance-sheet strength for closer review. Every figure is taken as-reported from SEC EDGAR filings, with no vendor adjustments.

At a glance

  • PositiveNo standout strength in the latest quarter.
  • WatchGrowth: Revenue +7% YoY
  • ConcernCash Generation: Negative free cash flow

Trend matrix, last 4 quarters

Dimension2026-04-302026-01-312025-10-312025-07-31
GrowthRevenue +7% YoYRevenue +6% YoYRevenue +6% YoYRevenue +5% YoY
ProfitabilityNet margin 3%Net margin 2%Net margin 3%Net margin 4%
Cash GenerationNegative free cash flowFCF margin 3%FCF margin 1%FCF margin 4%
Balance SheetCurrent ratio 0.8x (tight liquidity)Current ratio 0.8x (tight liquidity)Current ratio 0.8x (tight liquidity)Current ratio 0.8x (tight liquidity)

Quarterly financials

Metric2026-04-302026-01-312025-10-312025-07-312025-04-30
Revenue$177.75B$190.66B$179.50B$177.40B$165.61B
Cash & equivalents$10.73B$10.73B$10.58B$9.43B$9.31B
Net income$5.33B$4.24B$6.14B$7.03B$4.49B
Operating cash flow$4.74B$14.11B$9.10B$12.94B$5.41B
Free cash flow-$1.95B$6.10B$1.88B$6.52B$425.0M

Figures in USD, as reported to the SEC. Longer history is available in the full analysis.

Sourced directly from SEC EDGARAs of 2026-04-30 (Q1 FY2027) · Evaluated as of 2026-05-29See original filing on SEC

What's inside the full dashboard

Sixteen analysis tabs, all sourced from SEC filings, no estimates.

  • Cash Flow: Free cash flow generation and operating cash flow trends.
  • Intrinsic Value: Discounted cash flow (DCF) valuation and enterprise multiples.
  • Liquidity & Leverage: Balance-sheet strength: assets, liabilities, debt and liquidity ratios.
  • Margins: Gross, operating, and net profit margin analysis.
  • Returns: Return on equity, return on assets, and return on invested capital.
  • Revenue & Income: Revenue growth, composition, and year-over-year income trends.
  • Working Capital: Working-capital efficiency, cash conversion and asset-turnover metrics.
  • Risk: Debt levels, liquidity ratios, and financial risk indicators.
  • Insider: Insider stock transactions and executive activity.
  • Commitments: Operating leases, purchase commitments, and future obligations.

To see more, create a free account.

Create free account

Unlock the full Walmart Inc. dashboard

Live valuation, management commentary, and peer comparison, all sourced directly from SEC filings. Free to access.