Walmart Inc. (WMT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 88.39B | 84.87B | 92.92B | 82.03B | 80.25B | 79.46B | 86.94B | 76.51B | 77.15B | 76.88B | 88.39B | 82.03B | 78.51B | 75.66B | 87.68B | 84.16B | 83.22B | 81.07B | 82.96B | 78.24B |
| Cash & Short-Term Investments | 10.73B | 10.73B | 10.58B | 9.43B | 9.31B | 9.04B | 10.05B | 8.81B | 9.4B | 9.87B | 12.15B | 13.89B | 10.57B | 8.63B | 11.59B | 13.92B | 11.82B | 14.76B | 16.11B | 22.83B |
| Cash Only | 10.73B | 10.73B | 10.58B | 9.43B | 9.31B | 9.04B | 10.05B | 8.81B | 9.4B | 9.87B | 12.15B | 13.89B | 10.57B | 8.63B | 11.59B | 13.92B | 11.82B | 14.76B | 16.11B | 22.83B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 10.66B | 11.17B | 12.12B | 10.52B | 9.69B | 9.97B | 10.04B | 8.65B | 9.07B | 8.8B | 8.63B | 7.89B | 7.65B | 7.93B | 8.22B | 7.52B | 7.67B | 8.28B | 7.35B | 6.1B |
| Days Sales Outstanding | 5.47 | 5.62 | 5.8 | 5.24 | 5.28 | 5.1 | 5.07 | 4.82 | 4.98 | 4.62 | 4.72 | 4.42 | 4.55 | 4.53 | 4.74 | 4.57 | 5.01 | 4.7 | 4.4 | 3.88 |
| Inventory | 62.57B | 58.85B | 65.35B | 57.73B | 57.47B | 56.44B | 63.3B | 55.61B | 55.38B | 54.89B | 63.95B | 56.72B | 56.93B | 56.58B | 64.71B | 59.92B | 61.23B | 56.51B | 57.48B | 47.75B |
| Days Inventory Outstanding | 40.61 | 39.78 | 42.03 | 39.91 | 40.78 | 40.45 | 42.96 | 40.26 | 40.87 | 41.47 | 45.81 | 42.91 | 43.81 | 44.48 | 49.59 | 48.11 | 49.04 | 45.39 | 46.09 | 41.17 |
| Other Current Assets | 4.43B | 4.12B | 4.87B | 4.36B | 3.79B | 4.01B | 3.55B | 3.44B | 3.29B | 3.32B | 3.66B | 3.53B | 3.36B | 2.52B | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 201.22B | 199.79B | 195.74B | 188.8B | 182.12B | 181.37B | 176.46B | 177.93B | 176.9B | 175.52B | 170.78B | 173.09B | 166.54B | 167.54B | 159.98B | 163.03B | 162.92B | 163.79B | 161.89B | 160.31B |
| Property, Plant & Equipment | 159.04B | 156.96B | 150.84B | 145.56B | 140.88B | 139.7B | 136.53B | 133.74B | 131.34B | 130.34B | 126.82B | 124B | 121.14B | 119.23B | 115.54B | 114.39B | 113.22B | 112.62B | 110.33B | 109.6B |
| Fixed Asset Turnover | 1.13x | 1.24x | 1.21x | 1.24x | 1.18x | 1.31x | 1.25x | 1.28x | 1.23x | 1.35x | 1.28x | 1.32x | 1.27x | 1.40x | 1.33x | 1.34x | 1.25x | 1.37x | 1.28x | 1.29x |
| Goodwill | 28.15B | 28.73B | 28.72B | 29.06B | 28.87B | 28.79B | 27.94B | 27.93B | 28B | 28.11B | 28.02B | 28.27B | 28.31B | 28.17B | 28.14B | 28.66B | 29.44B | 29.01B | 28.92B | 29.16B |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 14.02B | 14.1B | 16.17B | 14.19B | 12.37B | 12.87B | 11.99B | 16.26B | 17.56B | 17.07B | 15.94B | 20.83B | 17.1B | 20.13B | 16.3B | 19.98B | 20.27B | 22.15B | 22.63B | 21.55B |
| Total Assets | 289.61B | 284.67B | 288.65B | 270.84B | 262.37B | 260.82B | 263.4B | 254.44B | 254.05B | 252.4B | 259.17B | 255.12B | 245.05B | 243.2B | 247.66B | 247.2B | 246.14B | 244.86B | 244.85B | 238.55B |
| Asset Turnover | 0.62x | 0.67x | 0.64x | 0.67x | 0.63x | 0.69x | 0.65x | 0.67x | 0.64x | 0.68x | 0.63x | 0.65x | 0.62x | 0.67x | 0.62x | 0.62x | 0.58x | 0.62x | 0.58x | 0.59x |
| Asset Growth % | 10.38% | 9.14% | 9.59% | 6.44% | 3.27% | 3.34% | 1.63% | -0.27% | 3.67% | 3.78% | 4.65% | 3.2% | -0.44% | -0.68% | 1.15% | 3.62% | 4.04% | -3.02% | -2.4% | 0.49% |
| Total Current Liabilities | 114.88B | 107.47B | 115.73B | 103.57B | 102.92B | 96.58B | 102.56B | 95.26B | 96.1B | 92.42B | 104.23B | 99.22B | 95.5B | 92.2B | 101.41B | 99.9B | 96.53B | 87.38B | 87.62B | 81.12B |
| Accounts Payable | 62.88B | 63.06B | 67.16B | 60.09B | 57.7B | 58.67B | 62.86B | 56.72B | 56.07B | 56.81B | 61.05B | 56.58B | 54.27B | 53.74B | 57.26B | 54.19B | 52.93B | 55.26B | 57.16B | 49.6B |
| Days Payables Outstanding | 42.12 | 41.71 | 43.45 | 40.81 | 41.66 | 41.05 | 43.2 | 40.91 | 41.83 | 41.13 | 44.65 | 41.85 | 41.69 | 40.71 | 44.35 | 42.54 | 45.06 | 44.76 | 46.76 | 42.75 |
| Short-Term Debt | 14.57B | 10.14B | 11.92B | 7.85B | 9.68B | 5.67B | 6.83B | 4.69B | 7.32B | 4.33B | 12.75B | 7.44B | 5.69B | 4.56B | 12.27B | 15.95B | 15.01B | 3.21B | 2.02B | 2.29B |
| Deferred Revenue (Current) | 0 | 2.94B | 0 | 0 | 0 | 2.75B | 0 | 0 | 0 | 2.66B | 0 | 0 | 0 | 2.49B | 0 | 0 | 0 | 2.56B | 0 | 0 |
| Other Current Liabilities | 7.39B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.77x | 0.79x | 0.80x | 0.79x | 0.78x | 0.82x | 0.85x | 0.80x | 0.80x | 0.83x | 0.85x | 0.83x | 0.82x | 0.82x | 0.86x | 0.84x | 0.86x | 0.93x | 0.95x | 0.96x |
| Quick Ratio | 0.22x | 0.24x | 0.24x | 0.23x | 0.22x | 0.24x | 0.23x | 0.22x | 0.23x | 0.24x | 0.23x | 0.26x | 0.23x | 0.21x | 0.23x | 0.24x | 0.23x | 0.28x | 0.29x | 0.38x |
| Cash Conversion Cycle | 3.96 | 3.69 | 4.38 | 4.34 | 4.4 | 4.49 | 4.83 | 4.16 | 4.01 | 4.96 | 5.88 | 5.48 | 6.67 | 8.3 | 9.98 | 10.15 | 8.99 | 5.33 | 3.74 | 2.3 |
| Total Non-Current Liabilities | 74.05B | 71.02B | 70.41B | 70.41B | 68.8B | 66.55B | 66.38B | 68.41B | 69.66B | 69.41B | 69.13B | 70.34B | 70.08B | 67.01B | 65.86B | 61.45B | 63.75B | 65.59B | 66.47B | 70.3B |
| Long-Term Debt | 36.89B | 34.62B | 34.45B | 35.64B | 36.52B | 33.4B | 33.65B | 35.36B | 35.93B | 36.13B | 36.34B | 36.81B | 38.12B | 34.65B | 33.94B | 29.8B | 32.17B | 34.86B | 36.42B | 39.58B |
| Capital Lease Obligations | 20.21B | 19.85B | 19.62B | 19.12B | 18.68B | 18.75B | 18.98B | 18.97B | 18.89B | 18.65B | 18.49B | 18.43B | 17.96B | 17.67B | 17.17B | 17.56B | 17.64B | 17.25B | 17.16B | 17.07B |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.69B | 14.76B | 14.09B | 13.94B | 13.47B | 12.89B | 13.65B |
| Other Non-Current Liabilities | 16.95B | 16.55B | 16.34B | 15.66B | 13.61B | 14.4B | 13.75B | 14.07B | 14.85B | 14.63B | 14.3B | 15.11B | 14B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 188.93B | 178.49B | 186.14B | 173.98B | 171.72B | 163.13B | 168.93B | 163.67B | 165.76B | 161.83B | 173.36B | 169.56B | 165.59B | 159.21B | 167.27B | 161.35B | 160.28B | 152.97B | 154.09B | 151.43B |
| Total Debt | 74.18B | 67.09B | 68.42B | 65.01B | 67.2B | 60.11B | 61.75B | 61.3B | 64.46B | 61.32B | 69.74B | 64.8B | 63.87B | 58.92B | 65.38B | 65.31B | 66.82B | 57.32B | 57.6B | 60.88B |
| Net Debt | 63.45B | 56.37B | 57.84B | 55.58B | 57.89B | 51.08B | 51.7B | 52.49B | 55.06B | 51.45B | 57.59B | 50.91B | 53.29B | 50.3B | 53.79B | 51.39B | 55B | 42.56B | 41.49B | 38.05B |
| Debt / Equity | 0.74x | 0.63x | 0.67x | 0.67x | 0.74x | 0.62x | 0.65x | 0.68x | 0.73x | 0.68x | 0.81x | 0.76x | 0.80x | 0.70x | 0.81x | 0.76x | 0.78x | 0.62x | 0.63x | 0.70x |
| Debt / EBITDA | 9.45x | 5.39x | 6.64x | 6.03x | 6.40x | 5.35x | 6.19x | 5.50x | 6.47x | 5.91x | 7.59x | 6.34x | 7.03x | 7.04x | 12.00x | 6.84x | 8.35x | 6.67x | 6.82x | 6.09x |
| Net Debt / EBITDA | 8.09x | 4.53x | 5.61x | 5.16x | 5.51x | 4.55x | 5.19x | 4.71x | 5.52x | 4.96x | 6.27x | 4.98x | 5.87x | 6.01x | 9.87x | 5.38x | 6.88x | 4.95x | 4.91x | 3.81x |
| Interest Coverage | 11.23x | 9.42x | 12.97x | 13.12x | 10.41x | 10.71x | 10.87x | 10.15x | 10.85x | 11.82x | 2.34x | 17.71x | 5.05x | 15.59x | -1.45x | 14.87x | 7.38x | 12.20x | 9.53x | 12.50x |
| Total Equity | 100.68B | 106.18B | 102.51B | 96.86B | 90.65B | 97.69B | 94.47B | 90.77B | 88.29B | 90.57B | 85.81B | 85.56B | 79.47B | 83.99B | 80.38B | 85.85B | 85.86B | 91.89B | 90.76B | 87.13B |
| Equity Growth % | 11.07% | 8.69% | 8.52% | 6.7% | 2.67% | 7.86% | 10.08% | 6.09% | 11.11% | 7.83% | 6.75% | -0.34% | -7.45% | -8.6% | -11.43% | -1.47% | 1.5% | 4.98% | 3.72% | 7.3% |
| Book Value per Share | 12.59 | 13.26 | 12.80 | 12.08 | 11.26 | 12.09 | 11.69 | 11.23 | 10.92 | 11.18 | 10.58 | 10.55 | 9.80 | 10.34 | 9.88 | 10.42 | 10.35 | 11.01 | 10.82 | 10.33 |
| Total Shareholders' Equity | 94.33B | 99.62B | 96.09B | 90.11B | 83.79B | 91.01B | 88.11B | 84.42B | 81.29B | 83.86B | 79.46B | 79.56B | 72.41B | 76.69B | 72.25B | 77.57B | 76.9B | 83.25B | 82.27B | 80.53B |
| Common Stock | 796M | 797M | 797M | 797M | 799M | 802M | 803M | 803M | 805M | 805M | 269M | 269M | 269M | 808M | 270M | 272M | 275M | 276M | 277M | 278M |
| Retained Earnings | 100.24B | 104.77B | 101.56B | 96.33B | 90.85B | 98.31B | 94.44B | 90.79B | 87.23B | 89.81B | 85.83B | 85.47B | 78.03B | 83.14B | 77.95B | 82.52B | 80.53B | 86.9B | 85.67B | 84.57B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -13.61B | -12.77B | -13.12B | -12.73B | -13.3B | -13.61B | -12.53B | -12.18B | -11.37B | -11.3B | -11.57B | -10.82B | -11.15B | -11.68B | -10.78B | -9.89B | -8.5B | -8.77B | -8.49B | -7.98B |
| Minority Interest | 6.35B | 6.56B | 6.42B | 6.75B | 6.86B | 6.68B | 6.36B | 6.35B | 7B | 6.71B | 6.36B | 6B | 7.06B | 7.3B | 8.13B | 8.28B | 8.96B | 8.64B | 8.48B | 6.6B |