Walmart (FRA:WMT) EBIT : €22,386 Mil (TTM As of Jan. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Walmart EBIT?

Walmart's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was €7,540 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was €22,386 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Walmart's annualized ROC % for the quarter that ended in Jan. 2024 was 11.65%. Walmart's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 25.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Walmart's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 4.48%.

Walmart EBIT Historical Data

The historical data trend for Walmart's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Walmart EBIT Chart

Walmart Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

EBIT

Get a 7-Day Free Trial

20,466.22

18,783.66

18,289.96

17,765.63

22,519.46

Walmart Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
EBIT	Get a 7-Day Free Trial															8,827.14	3,057.02	10,277.58	1,512.36	7,539.53

Competitive Comparison of Walmart's EBIT

For the Discount Stores subindustry, Walmart's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Walmart's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Walmart's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Walmart's EV-to-EBIT falls into.

Walmart EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €22,386 Mil.

Walmart (FRA:WMT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Walmart's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	26636.688 * ( 1 - 24.47% )	/	( (175851.271	+	169575.714)	/ 2 )
=	20118.6904464	/	172713.4925
=	11.65 %

where

	Invested Capital		(Q: Oct. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	245437.778	-	84586.04	-	( 11509.838	-	max(0, 98705.81	-	83706.277	+	11509.838	))
=	175851.271

	Invested Capital		(Q: Jan. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	231702.282	-	76390.452	-	( 9057.906	-	max(0, 84836.97	-	70573.086	+	9057.906	))
=	169575.714

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Walmart's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jan. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Oct. 2023		Q: Jan. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	30158.136	/	( ( (120102.328 + max(-12389.601, 0))	+	(119650.284 + max(-17320.824, 0)) )	/	2 )
=	30158.136	/	( ( 120102.328	+	119650.284 )	/	2 )
=	30158.136	/	119876.306
=	25.16 %

where Working Capital is:

	Working Capital		(Q: Oct. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8167.875	+	60561.597	+	3466.967)	-	(84586.04	+	0	+	0)
=	-12389.601

	Working Capital		(Q: Jan. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(8074.728	+	50390.856	+	3049.596)	-	(76390.452	+	2445.552	+	0)
=	-17320.824

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Walmart's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jan. 2024 )
	=	22386.493	/	499954.566
	=	4.48 %

Walmart EBIT Related Terms

Thank you for viewing the detailed overview of Walmart's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Walmart (FRA:WMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Walmart Inc (FRA:WMT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

WMT:USA WMT:Peru WMT:Mexico 1WMT:Italy WMTd:UK 0R1W:UK WMT:Germany WMT:Chile WMT:Canada WALM34:Brazil WMT:Austria WMT:Argentina

Address

702 S.W. 8th Street, Bentonville, AR, USA, 72716

Website

https://stock.walmart.com

Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,700 stores in the United States (5,300 including Sam's Club) and over 10,000 stores globally. Walmart generated over $420 billion in domestic namesake sales last year, with Sam's Club contributing another $84 billion to the firm's top line. Internationally, Walmart generated $100 billion in sales. The company serves around 240 million customers globally each week.