Walmart Gross Profit 2010-2024 | WMT (2024)

FAQs

What is Walmart's gross profit in 2024? ›

256B USD. Based on the financial report for Jul 31, 2024, Walmart Inc's Gross Profit amounts to 256B USD.

Walmart net worth as of September 15, 2024 is $647.88B.

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding.

For fiscal year 2010, adjusted earnings from continuing operations attributable to Walmart were $14.2 billion, or $3.66 per share, versus $13.5 billion or $3.42 per share in the prior year, an increase of 7.0 percent per share.

Walmart's US sales at stores open for at least one year increased 4.2% last quarter and its operating income surged 8.5% during the quarter. Walmart's US digital sales are booming: They grew 22%. The company raised its sales and profit guidance for the year, a sign it expects its strong growth to continue.

Walmart has faced losses from retail theft, with estimates of 3 2021, 3billion in 2021,6.1 billion in 2022, and $6.5 billion in 2023. It is challenging to provide an accurate count of how many people steal at Walmart self-checkouts, as highlighted by a security guard's perspective on Quora.

Let's explore in brief how Walmart makes money from multiple resources. True to the fact that the main revenue stream of the company relies on retail sales. The company has over 10593 stores around the globe. So the retail sales contribute a huge ratio in profit.

Walton family fortune

In September 2024, Alice Walton had a net worth of $88.9 billion, making her the 18th-richest person and the richest woman in the world. The Walton family fortune is broken down as such: Jim Walton, $95.7 billion.

How much is Walmart's daughter worth? ›

(KNWA/KFTA) — Forbes recently announced that Walmart heiress Alice Walton is now the richest woman in the world. The only daughter of the late Walmart co-founder Sam Walton, Alice has a reported net worth of $89.1 billion, according to Forbes.

It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.

Walmart annual cash flow from operating activities for 2024 was $35.726B, a 23.87% increase from 2023. Walmart annual cash flow from operating activities for 2023 was $28.841B, a 19.27% increase from 2022. Walmart annual cash flow from operating activities for 2022 was $24.181B, a 32.97% decline from 2021.

Our discussion is as of, and for the fiscal years ended, January 31, 2024 ("fiscal 2024"), January 31, 2023 ("fiscal 2023") and January 31, 2022 ("fiscal 2022"). During fiscal 2024, we generated total revenues of $648.1 billion, which was comprised primarily of net sales of $642.6 billion.

Walmart (WMT) Inventory Turnover : 2.29 (As of Jul. 2024)

Walmart EBIT for the twelve months ending July 31, 2024 was $28.237B, a 29.46% increase year-over-year. Walmart 2024 annual EBIT was $27.012B, a 32.23% increase from 2023. Walmart 2023 annual EBIT was $20.428B, a 21.26% decline from 2022.