Last 48 quarters of trend data · Consumer Defensive · Discount Stores
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Walmart Inc.'s quarterly P/E stands at 49.2x, up 13.4% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 78.1% YoY to 35.6x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 42.92 | 49.23 | 56.20 | 32.85 | 27.84 | 43.42 | 37.75 | 35.94 | 30.64 | 23.55 | 20.25 | 243.60 | 13.73 |
| — | +13.4% | +48.9% | -8.6% | -9.2% | +84.3% | +86.4% | -85.2% | +123.1% | -60.7% | +30.0% | — | -21.4% | |
| P/S Ratio | 1.31 | 1.48 | 1.25 | 1.13 | 1.11 | 1.18 | 1.10 | 0.98 | 0.82 | 0.74 | 0.64 | 0.69 | 0.67 |
| — | +25.6% | +14.0% | +15.6% | +35.2% | +59.1% | +70.6% | +42.2% | +22.5% | +10.8% | +8.4% | +8.8% | +12.7% | |
| P/B Ratio | 8.85 | 10.48 | 8.99 | 7.91 | 8.11 | 8.64 | 8.12 | 7.01 | 6.11 | 5.43 | 4.93 | 5.15 | 5.05 |
| — | +21.4% | +10.7% | +12.8% | +32.7% | +58.9% | +64.7% | +36.2% | +21.0% | +5.8% | +6.3% | +7.2% | +19.6% | |
| P/FCF | 62.59 | — | 39.12 | 107.67 | 30.12 | 460.56 | 30.79 | 445.11 | 22.09 | — | 10.35 | — | 12.30 |
| — | — | +27.0% | -75.8% | +36.4% | — | +197.5% | — | +79.6% | — | -11.3% | — | +22.8% | |
| EV / EBITDA | 22.50 | 35.64 | 20.29 | 21.07 | 19.52 | 20.01 | 18.78 | 17.91 | 13.61 | 13.41 | 12.00 | 13.59 | 11.81 |
| — | +78.1% | +8.0% | +17.7% | +43.4% | +49.2% | +56.5% | +31.8% | +15.2% | +5.6% | -8.6% | -32.6% | +9.1% | |
| EV / EBIT | 33.21 | 35.64 | 37.83 | 24.48 | 20.84 | 31.70 | 27.47 | 26.58 | 22.02 | 17.26 | 15.15 | 78.16 | 10.62 |
| — | +12.4% | +37.7% | -7.9% | -5.4% | +83.7% | +81.3% | -66.0% | +107.4% | -49.9% | +31.1% | — | -26.9% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Walmart Inc.'s operating margin was 4.2% in Q1 2027, down 0.4 pp QoQ and down 0.1 pp YoY.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.9% | 25.1% | 24.7% | 25.0% | 25.2% | 24.9% | 24.6% | 24.9% | 25.1% | 24.8% | 24.0% | 24.6% | 24.6% |
| — | +0.8% | +0.4% | +0.2% | +0.2% | +0.5% | +2.5% | +1.1% | +2.0% | +2.1% | +1.8% | +1.2% | +1.6% | |
| Operating Margin | 4.2% | 4.2% | 4.6% | 3.7% | 4.1% | 4.3% | 4.4% | 4.0% | 4.7% | 4.2% | 4.2% | 3.9% | 4.5% |
| — | -2.2% | +4.9% | -5.7% | -12.4% | +1.7% | +4.0% | +2.6% | +3.6% | +3.4% | +23.4% | +118.7% | +0.9% | |
| Net Margin | 3.1% | 3.2% | 2.2% | 3.4% | 4.0% | 2.7% | 2.9% | 2.7% | 2.7% | 3.2% | 3.2% | 0.3% | 4.9% |
| — | +17.3% | -23.6% | +26.8% | +49.0% | -14.3% | -8.2% | +858.1% | -45.6% | +187.7% | -17.2% | +123.9% | +44.9% |
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.5% | 5.5% | 4.1% | 6.2% | 7.5% | 4.8% | 5.5% | 4.9% | 5.0% | 5.7% | 6.2% | 0.5% | 9.6% |
| — | +14.6% | -25.7% | +24.7% | +49.1% | -16.5% | -12.2% | +834.7% | -47.4% | +178.8% | -18.4% | +124.4% | +59.5% | |
| ROA | 8.0% | 2.0% | 1.5% | 2.2% | 2.6% | 1.7% | 2.0% | 1.8% | 1.8% | 2.0% | 2.1% | 0.2% | 3.2% |
| — | +14.7% | -26.3% | +24.2% | +48.9% | -14.9% | -6.7% | +903.2% | -43.9% | +194.1% | -16.0% | +124.2% | +51.2% | |
| ROIC | 14.4% | 3.4% | 4.0% | 3.2% | 3.6% | 3.6% | 4.0% | 3.5% | 4.2% | 3.6% | 3.8% | 3.3% | 4.1% |
| — | -4.4% | +1.2% | -7.6% | -12.6% | +0.1% | +4.8% | +4.6% | +1.9% | +2.6% | +22.7% | +123.2% | +10.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Walmart Inc.'s Debt/EBITDA ratio is 9.5x, up from 5.4x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.74 | 0.63 | 0.67 | 0.67 | 0.74 | 0.62 | 0.65 | 0.68 | 0.73 | 0.68 | 0.81 | 0.76 |
| — | -0.6% | +2.7% | +2.1% | -0.6% | +1.5% | -9.1% | -19.6% | -10.8% | -9.2% | -3.5% | -0.1% | -0.4% | |
| Debt / EBITDA | 1.52 | 9.45 | 5.39 | 6.64 | 6.03 | 6.40 | 5.35 | 6.19 | 5.50 | 6.47 | 5.91 | 7.59 | 6.34 |
| — | +47.8% | +0.7% | +7.2% | +9.8% | -1.1% | -9.5% | -18.4% | -13.3% | -8.0% | -16.0% | -36.7% | -7.3% | |
| Current Ratio | 0.79 | 0.77 | 0.79 | 0.80 | 0.79 | 0.78 | 0.82 | 0.85 | 0.80 | 0.80 | 0.83 | 0.85 | 0.83 |
| — | -1.3% | -4.0% | -5.3% | -1.4% | -2.9% | -1.1% | -0.0% | -2.9% | -2.3% | +1.4% | -1.9% | -1.9% | |
| Quick Ratio | 0.24 | 0.22 | 0.24 | 0.24 | 0.23 | 0.22 | 0.24 | 0.23 | 0.22 | 0.23 | 0.24 | 0.23 | 0.26 |
| — | +1.5% | +1.6% | +3.4% | +7.0% | -2.3% | +0.2% | -1.7% | -14.0% | +0.3% | +15.0% | +3.5% | +5.1% | |
| Interest Coverage | 11.53 | 11.23 | 9.42 | 12.97 | 13.12 | 10.41 | 10.71 | 10.87 | 10.15 | 10.85 | 11.82 | 2.34 | 17.71 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying WMT stock.
Walmart Inc.'s current P/E is 42.9x. The average P/E over the last 4 quarters is 41.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Walmart Inc.'s current operating margin is 4.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Walmart Inc.'s business trajectory between earnings reports.