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Since its founding in 1962, Walmart has become the world’s largest retailer, operating over 10,700 stores globally (including 4,600 namesake locations on its home turf and another 600 Sam’s Club outlets) and growing its e-commerce presence, attracting 270 million customers weekly. In aggregate, the firm posted more than $680 billion in fiscal 2025 sales. Its core operations span three reporting segments: Walmart US (68% of fiscal 2025 sales), Walmart International (18%), and Sam’s Club (14%). Within the US, nearly 60% of its $465 billion in fiscal 2025 revenue came from its grocery offerings, with another quarter from general merchandise. Internationally, Walmart’s operations are concentrated in Mexico, though it also has budding exposure to India.
1969
2100K+
LTM Revenue $706B
LTM EBITDA $44.3B
$928B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
As of October 2025, Walmart reported last 12-month revenue of $706B and EBITDA of $44.3B.
In the same period, Walmart generated $175B in LTM gross profit and $21.1B in net income.
See Walmart valuation multiples based on analyst estimatesIn the most recent fiscal year, Walmart reported revenue of $681B and EBITDA of $42.0B.
Walmart expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Walmart valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $706B | XXX | $681B | XXX | XXX | XXX |
| Gross Profit | $175B | XXX | $169B | XXX | XXX | XXX |
| Gross Margin | 25% | XXX | 25% | XXX | XXX | XXX |
| EBITDA | $44.3B | XXX | $42.0B | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBIT | $30.4B | XXX | $29.3B | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | $21.1B | XXX | $19.4B | XXX | XXX | XXX |
| Net Margin | 3% | XXX | 3% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $30.0B | XXX | XXX | XXX |
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Walmart has current market cap of $870B, and EV of $928B.
As of November 28, 2025, Walmart's stock price is $109.
See Walmart trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $928B | $870B | XXX | XXX | XXX | XXX | $2.61 |
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Start Free TrialWalmart's trades at 1.4x EV/Revenue multiple, and 22.3x EV/EBITDA.
See valuation multiples for Walmart and 15K+ public compsAs of November 28, 2025, Walmart has market cap of $870B and EV of $928B.
Equity research analysts estimate Walmart's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Walmart has a P/E ratio of 41.3x.
| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $870B | XXX | $870B | XXX | XXX | XXX |
| EV (current) | $928B | XXX | $928B | XXX | XXX | XXX |
| EV/Revenue | 1.3x | XXX | 1.4x | XXX | XXX | XXX |
| EV/EBITDA | 20.9x | XXX | 22.3x | XXX | XXX | XXX |
| EV/EBIT | 30.6x | XXX | 31.8x | XXX | XXX | XXX |
| EV/Gross Profit | 5.3x | XXX | n/a | XXX | XXX | XXX |
| P/E | 41.3x | XXX | 45.5x | XXX | XXX | XXX |
| EV/FCF | 63.7x | XXX | 72.1x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialWalmart's last 12 month revenue growth is 5%
Walmart's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Walmart's rule of 40 is 11% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Walmart's rule of X is 18% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Walmart and other 15K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | 5% | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 8% | XXX | XXX | XXX |
| Rule of 40 | 11% | XXX | 11% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 18% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 21% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Lulu Retail | XXX | XXX | XXX | XXX | XXX | XXX |
| Coles Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Myer Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Woolworths Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Central Retail | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Walmart acquired XXX companies to date.
Last acquisition by Walmart was XXXXXXXX, XXXXX XXXXX XXXXXX . Walmart acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Walmart founded? | Walmart was founded in 1969. |
| Where is Walmart headquartered? | Walmart is headquartered in United States of America. |
| How many employees does Walmart have? | As of today, Walmart has 2100K+ employees. |
| Who is the CEO of Walmart? | Walmart's CEO is Mr. C. Douglas McMillon. |
| Is Walmart publicy listed? | Yes, Walmart is a public company listed on NYS. |
| What is the stock symbol of Walmart? | Walmart trades under WMT ticker. |
| When did Walmart go public? | Walmart went public in 1970. |
| Who are competitors of Walmart? | Similar companies to Walmart include e.g. Lulu Retail, Coles Group, Myer Holdings, Woolworths Group. |
| What is the current market cap of Walmart? | Walmart's current market cap is $870B |
| What is the current revenue of Walmart? | Walmart's last 12 months revenue is $706B. |
| What is the current revenue growth of Walmart? | Walmart revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Walmart? | Current revenue multiple of Walmart is 1.3x. |
| Is Walmart profitable? | Yes, Walmart is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Walmart? | Walmart's last 12 months EBITDA is $44.3B. |
| What is Walmart's EBITDA margin? | Walmart's last 12 months EBITDA margin is 6%. |
| What is the current EV/EBITDA multiple of Walmart? | Current EBITDA multiple of Walmart is 20.9x. |
| What is the current FCF of Walmart? | Walmart's last 12 months FCF is $14.6B. |
| What is Walmart's FCF margin? | Walmart's last 12 months FCF margin is 2%. |
| What is the current EV/FCF multiple of Walmart? | Current FCF multiple of Walmart is 63.7x. |
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