Why did Walmart (WMT) stock move recently?

On 7/1/2026, Walmart moved -3.9% — Walmart shares declined on concerns over a slowdown in U.S. comparable store sales, after a Cleveland Research note raised questions about meeting consensus estimates for the quarter. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Walmart (WMT) overvalued or fairly valued?

MarketChacha shows Walmart's valuation in context — a trailing P/E of about 39.7, a forward P/E of about 34.5, a price-to-book of about 9.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Walmart's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.08×) from reported figures — education, not a rating.

What is Walmart's revenue?

Walmart reported revenue of $706.4B for FY2026, with net profit of $21.9B, per official filings.

What is the share price of Walmart (WMT)?

Walmart last traded at $114.22 (+1.0% on the day), as of 7/29/2026 — a delayed quote shown for education, not investment advice.

Walmart

WMT · NYSE · Retail · United States

Snapshot

TickerWMT

ExchangeNYSE

SectorRetail

IndustryDiscount Stores

CountryUnited States

Employees2,100,000

HeadquartersBentonville, United States

Websitewww.stock.walmart.com

Filings tracked22

About Walmart

Walmart Inc. engages in the operation of retail and wholesale stores and clubs, ecommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club U.S. It operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; and ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites. It offers grocery items, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and fuel and other categories. In addition, it is involved in the provision of health and wellness products covering pharmacy, optical and hearing services, over-the-counter drugs, and protein and nutrition products; and home, hardlines, and seasonal items, including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, and mattresses. Further, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Additionally, it operates digital payment platforms; offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access; and markets lines of merchandise under private and licensed brands. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.

Who owns it

Insiders44.8%
Institutions38.1%
Public & other17.1%

5,340 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.4.43%
Vanguard Capital Management LLC3.57%
State Street Corporation2.33%
Invesco Ltd.1.83%
JPMORGAN CHASE & CO1.54%
Geode Capital Management, LLC1.33%
Vanguard Portfolio Management LLC1.18%
Morgan Stanley1.08%

Largest institutional holders — last updated 3/31/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.08×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend1.9% → 3.1%

Margin has expanded by about 1.2 points — the business is getting more profitable.

Return on equity22.0%

Latest ROE of 22.0% — capital is generating a healthy return.

Growth qualityrev 5% · PAT 23%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $188.3B · EPS 0.68

Est. earnings growth +10.3%

Next fiscal year

Rev $786.9B · EPS 3.28

Est. earnings growth +13.1%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$706.4B

Net margin

3.1%

ROE

22.0%

Revenue CAGR (3y)

+5.3%

Profit CAGR (3y)

+23.3%

EPS (FY2026)

2.73

Net profit (FY2026)

$21.9B

Ask MarketChacha about WMT

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 1, 2026
Walmart shares declined on concerns over a slowdown in U.S. comparable store sales, after a Cleveland Research note raised questions about meeting consensus estimates for the quarter.
source 1 ↗source 2 ↗source 3 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$706.4B	$21.9B	2.73	3.1%	22.0%
FY2025	$674.5B	$19.4B	2.41	2.9%	21.4%
FY2024	$642.6B	$15.5B	1.91	2.4%	18.5%
FY2023	$605.9B	$11.7B	1.42	1.9%	15.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$175.7B	$5.3B	0.67	3.0%
2025Q4	$177.8B	$6.1B	0.77	3.5%
2025Q3	$175.8B	$7.0B	0.88	4.0%
2025Q2	$164.0B	$4.5B	0.56	2.7%
2024Q4	$168.0B	$4.6B	0.57	2.7%
2024Q3	$167.8B	$4.5B	0.56	2.7%
2024Q2	$159.9B	$5.1B	0.63	3.2%
2023Q4	$159.4B	$453.0M	0.06	0.3%
2023Q3	$160.3B	$7.9B	0.97	4.9%
2023Q2	$151.0B	$1.7B	0.21	1.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Bylaw/charter change, Shareholder vote results, Exhibits
SEC6/5/2026material
10-Q filing
SEC5/29/2026
8-K — Results of operations, Exhibits
SEC5/21/2026material
8-K — Other events, Exhibits
SEC4/30/2026material
8-K — Other events
SEC3/27/2026material
10-K filing
SEC3/13/2026
8-K — Other events
SEC3/13/2026material
8-K — Results of operations, Exhibits
SEC2/19/2026material
8-K/A — Executive/director change
SEC1/30/2026
8-K — Executive/director change, Exhibits
SEC1/16/2026material
8-K/A — Executive/director change
SEC1/16/2026
8-K — Executive/director change, Exhibits
SEC1/8/2026material

2025

8-K — Other events
SEC12/29/2025material
10-Q filing
SEC12/3/2025
8-K — Results of operations, Delisting notice, Reg FD disclosure, Exhibits
SEC11/20/2025material
8-K — Executive/director change, Exhibits
SEC11/14/2025material
8-K — Executive/director change
SEC10/22/2025material
8-K — Other events
SEC9/22/2025material
8-K — Other events
SEC9/19/2025material
8-K — Other events
SEC9/5/2025material
10-Q filing
SEC8/29/2025
8-K — Results of operations, Exhibits
SEC8/21/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.