Key Walmart Statistics
Walmart’s annual revenue for 2021 was $571.96 billion.
In online sales, Walmart earned $17.3 billion in 2021, reflecting an 8.8% increase compared to the previous year.
Walmart’s online sales in 2021 exceeded eBay’s by 0.6%.
According to Walmart’s latest report, the company operates 11,501 stores worldwide.
In the United States, Texas leads all states in store count, with a total of 516 stores.
Walmart employs 2.2 million people globally.
Among Walmart’s employees, 265,000 are US military veterans.
Globally, Walmart serves a total of 265 million shoppers.
Part-time employees make up 40% of Walmart’s workforce.
The average hourly wage for full-time Walmart employees is $14.26.
Women account for 55% of Walmart’s total workforce.
Walmart’s Revenue Statistics
Walmart Annual Revenue
Walmart’s annual revenue in 2021 was $571.96 billion, showing an increase of more than 4% compared to 2020. In 2020, the revenue was lower, totalling $523.946 billion.
Annual revenue is calculated from the total amount earned. Companies record such information, and Walmart does the same.
Walmart’s sales growth has been clear over the past several years. In 2019, Walmart’s revenue was almost the same as in 2018, with an increase of 2.81%.
Although this may not seem significant, it still represents a 2.81% increase compared to 2018. The same trend is visible in the ten years before 2018, with increases ranging between 1% and 5%.
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Walmart Quarterly Revenue
Walmart’s quarterly revenue at the end of 2021 was $140.52 billion.
Companies do not rely solely on their revenue figures to assess growth over 12 months.
Analyzing the variations in each quarter instead of focusing solely on yearly revenue makes it easier to identify trends or sources of progress.
Walmart shareholders and employees will benefit from this. Unlike yearly revenue, quarterly sales only represent the final quarter of the year. This amount is much lower than the entire calendar year’s total.
Similarly, while the average quarterly revenue in 2005 was approximately $75.397 billion, the figures for 2021 reveal that it reached $152.079 billion.
Walmart Daily Revenue
At the end of 2021, Walmart’s daily revenue was $1,409, which was higher than the previous year.
While calculating quarterly and annual revenue is essential, it doesn’t stop there. Walmart’s daily revenue has increased every year, including in 2020.
Walmart’s and other companies’ daily revenue can be calculated by dividing the annual revenue by the total number of days in the calendar year, which in this case is 365 days.
Over the last ten years, Walmart has consistently increased its daily revenue, primarily through large projects and store openings within the United States and globally.
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Walmart Online E-commerce Revenue
Walmart earned $17.3 billion in online sales in 2021, an 8.8% increase from the previous year. In 2020, online revenue was $15.9 billion.
Number Of Walmart Customers
In 2020, the number of Walmart customers was 37 million.
Every store franchise relies on a steady flow of customers to keep the business running. Walmart is no different. Walmart averages millions of customers visiting each year, including those from the United States and around the world.
Since many Walmart stores are expensive, they can manage a large number of shoppers throughout the day and night. A single brick-and-mortar Walmart store can accommodate hundreds of shoppers.
For many small towns in the United States, Walmart is a key location where residents can complete their weekly shopping routine in one place.
Walmart’s Annual Gross Profit
In 2019, Walmart reported total gross profit earnings of $129.19 billion.
That same year, Walmart’s total revenue was over $500 billion, nearly 3% higher than the previous year. Compared to 2018, the yearly gross profit was $126.94 billion.
A significant portion of the 2019 gross profit came from American consumers, including from goods purchased online. In 2020, the gross profit rose to $129 billion, which was not a significant increase from the preceding year.
Walmart Quarterly Gross Profit
Walmart Stock Price History
Walmart closed in November 2020 with a stock price of $152.79.
Walmart’s stock prices have shown little change over the past three years. In January 2021, the company’s share price was $140.19.
Analyzing 52 weeks in 2021, Walmart’s highest price was $152.57, an increase of nearly 9% in the current share price. Their reported lowest price for the same period in 2021 was $126.57, about a 10% decrease from current prices.
The historical daily share price chart and data for Walmart since 1972 are adjusted for stock splits. The latest closing stock price for Walmart as of January 21, 2022, was $140.19. The current stock price is $141.48 for the 52 weeks leading into early 2022.
Walmart Market Cap
In January 2022, Walmart had a market cap of $388.87 billion.
Walmart Operating Income
Walmart reported $25.542 billion in operating income for 2021.
For the final quarter of 2021, Walmart’s operating income was $5.792 billion, which was 0.24% higher than the previous year. In 2020, the company reported $20.568 billion in operating income.
This was a decrease from the amount Walmart had in 2019. In 2019, $21.957 billion was reported, which was a 6.33% decrease from the previous year. Still, it was better than 2018, which had a 7.44% increase compared to that year.
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Walmart EBITDA
Walmart’s annual EBITDA for 2021 was $33.7 billion.
This amount is 6.8% higher than 2020’s EBITDA, which, according to the company, was $31.555 billion. These increases continued for several years before 2019’s decline, which was 3.31%.
EBITDA stands for “Earnings Before Interest, Taxes, Depreciation, and Amortization.” From this data, Walmart can determine how spending on new construction projects and employee increases will be handled shortly.
Walmart Net Income
Walmart’s net income in 2021 was $8.020 billion, earned from the beginning of the year until the final quarter in October.
Net income is the amount of money a company earns after accounting for income expenses, revenue, and payroll expenses. This is not an exhaustive list of what is not included in net income.
Walmart’s net income in 2020 was $14.881 billion, a significant increase from 2019’s $6.67 billion.
When compared to the following year, it is 123.1% higher.
What caused this? In short, in 2020, when lockdown measures forced customers to rely on Walmart’s online retail as an alternative, the number of people shopping at Walmart increased rapidly.
This had a profound impact on what Walmart sells online, and it continues to see strong sales on the web.
Walmart Shares Outstanding
At the end of 2021, Walmart’s outstanding shares were 2.797 billion.
By definition, outstanding shares are those held by buyers and shareholders. The number reported at the end of 2021 was lower than earlier in the year, where exceptional shares in July were 2.791 billion.
During this period, Walmart purchases shares from its investors. Overall, the total outstanding shares in 2021 were higher than in 2020, which stood at 2.847 billion, reflecting a 0.73% decrease.
Walmart shares in 2021 were 2.847 billion, a 0.73% decrease from 2020.
Number Of Walmart Stores
At the end of 2021, Walmart reported 11,501 stores worldwide.
With such a large number of retail stores, Walmart’s reported number is subject to fluctuation. However, the total number could slightly increase next year, but it will not reach 12,000.
Given Walmart’s strong online sales, the company may decide to expand its operations online and reduce the number of physical store locations. Walmart has many stores, but the highest concentration of them remains in the United States.
Divided into three main operating areas, Walmart continues to dominate sales in the US, although Sam’s Club also plays an important role in their s. Walmart has a significant international clientele and a strong presence. However, 65% of its profit comes from US customers.
How many Walmart stores are there in the world?
On a global scale, Walmart has a total of 11,501 stores.
With such a large number of stores, it’s not a particularly powerful entity in both the domestic and international retail markets.
The company has three distinct segments (Walmart U.S., Sam’s Club, and Walmart International), with the first being the strongest and most profitable.
As of 2020, Walmart US is responsible for about 65% of all Walmart’s net sales.
Number Of Walmart Employees
Walmart’s employee count was 2,300,000 at the end of 2021.
In 2020, Walmart had 2.2 million workers, a 4.55% increase compared to 2021. Still, the number of employees remained almost unchanged in 2019, so the percentage did not increase or decrease.
However, in 2018, Walmart had 2.3 million employees. The data shows that Walmart has recovered the workers lost over three years. In 2018, there was no significant change in the number of employees compared to the last quarter of 2017.
Walmart Assets & Liabilities Statistics
Walmart Total Assets
Walmart’s total assets amounted to $252.496 billion in 2021.
This figure is 6.77% higher than in 2020, when the retail giant had $236.495 billion. Over the past ten years, Walmart has consistently increased its total assets.
For instance, in 2019, the company’s total assets were $219.295 billion, 7.84% higher than the following year. For nearly a decade, Walmart averaged a 7% increase in total assets each year.
Walmart Cash On Hand
At the end of 2021, Walmart had $17.741 billion in cash on hand.
Walmart’s quarterly cash on hand for 2021 was 12.47% higher year-over-year, totalling $16.111 billion. In 2020, Walmart had $9.741 billion in cash on hand.
This represented an 87.44% increase compared to the previous year. For 2019, the amount was $7.722 billion, higher than 2018 but lower in percentage compared to 2020.
Walmart Long Term Debt
Walmart’s long-term debt in 2021 was $45.041 billion, a 6.21% decrease from 2020.
In the second half of 2020, the company reported $48.021 billion in long-term debt, a 4.35% decrease from 2019’s $50.203 billion.
Long-term debt refers to the amount a business owes to other businesses and financial institutions.
As such, a decrease in long-term debt is considered positive, as having less debt can provide the company with an incentive to expand and grow through partnerships with banks and other corporations willing to do business with them.
Walmart Total Liabilities
Walmart’s total liabilities in 2021 were $164.965 billion.
Liabilities are claims made against Walmart, which are totalled each year. Total liabilities also include potential claims, typically for accidents that occur in the store.
Some of these claims include those related to falls, slips, employee injuries, or even harm caused by items purchased from Walmart stores.
In 2020, Walmart’s total liabilities were $154.943 billion. This was an increase of 6.47% from the following year but a 10.94% rise from 2019. In 2019, Walmart’s liabilities were $139.661 billion, more than 12% higher than in 2018.
Walmart Shareholder Equity
Walmart’s annual shareholder equity in 2021 was $87.531 billion.
The amount for 2021 is 7.33% higher than that for 2020. In the final quarter of that year, Walmart had $81.552 billion. Looking at year-over-year shareholder equity, Walmart reported $90.757 billion at the end of 2021.
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Walmart Margins Statistics
Walmart Profit Margins
Walmart’s total profit margin in 2021 was 1.4%.
Profit margin is the percentage of revenue that a company earns after all expenses are deducted. Knowing the profit margin percentage helps a company accurately assess how its earned money is distributed throughout the business.
This allows a company to identify whether its merchandise pricing is too low or too high or where costs need to be increased or reduced.
Why is profit margin important? “Profit margin is important because, simply put, it shows how much of every revenue dollar is flowing to the bottom line,” said Ken Wentworth of Wentworth Financial Partners. It can quickly help identify pricing issues.
Current and historical gross margin, operating margin, and net profit margin for Walmart (WMT) over the last 10 years.
Profit margin is the percentage of revenue a company retains as income after expenses are deducted. Walmart’s net profit margin as of October 31, 2021, was 1.4%.
Walmart Gross Margins
Since the end of 2021, Walmart’s gross margin has been reported at 25.04%.
Without gross margins, a business wouldn’t have reliable data to determine whether sales are enough to cover the costs of keeping the business running.
This percentage includes the cost of hiring, training, and paying employees.
Since Walmart contracts with other companies to operate their business establishments within the stores, leasing floor space is also part of the gross margin. From this percentage, Walmart determines how profitable it is and will be shortly.
Walmart Operating Margins
Walmart’s operating profit margin has been 3.10 since the last quarter of 2021.
Walmart EBITDA Margins
Walmart’s EBITDA is reported to be $36.31 billion.
Earnings before interest, tax, depreciation, and amortization provide companies like Walmart with substantial funds after all payments are made. Walmart’s EBITDA is calculated based on financial information gathered over the last ten years.
Walmart Pre-Tax Profit Margins
Since last year, in 2021, Walmart’s pre-tax profit margin has been 2.33%.
The pre-tax profit margin is the money a business earns before paying its taxes. More specifically, it shows how Walmart’s tax expenditures convert into higher revenue.
For this reason, it’s a great way for businesses to compare how much they raise per penny spent on taxes, especially in comparison with their competitors.
Walmart Net Margins
Walmart’s net margin in 2021 was 1.40%.
This was calculated only for the final quarter of the year. Net margin, or net profit margin, refers to the net profit a business makes, meaning their income, but it is just a small percentage of all the revenue earned.
Walmart Price Ratios
Walmart PE Ratio
Walmart’s PE ratio was 22.22 at the start of the first quarter of 2022.
A company’s price-to-earnings (PE) ratio is determined by its closing price, which is then divided by the EPS. It shows whether the stock is selling for more or less than its expected value.
When stocks are sold for more than their expected price, it can negatively affect their prices if the issue is not corrected. However, if the stock is undervalued, there is also a risk of its shares being sold in large quantities too quickly.
Walmart P/S Ratio
As of January 21, 2022, Walmart’s current price-to-sales ratio is 0.69.
Companies need a way to determine how much their shareholders are willing to pay for a portion of the company. This is the purpose of the price-to-sales ratio.
The P/S ratio helps Walmart understand how much investors are willing to pay for every dollar they spend on the company.
Walmart Price/Book Ratio
As of January 2022, Walmart’s latest price-to-book (P/B) ratio is $4.08.
This is another useful statistic that companies use to monitor their stock prices and check whether they are being sold at the right price. Lower values indicate undervaluation, while a normal P/B ratio is typical.
Walmart Price-FCF Ratio
Walmart’s price-to-free cash flow ratio is currently 22.64.
Walmart Net Worth
Walmart’s net worth as of January 21, 2022, is $388.87 billion.
An interactive chart of Walmart’s (WMT) historical net worth (market cap) over the past 10 years.
A company’s worth is typically represented by its market capitalization, which is the current stock price multiplied by the number of shares outstanding.
Walmart Other Ratios
Walmart Current Ratio
The current ratio can be defined as a liquidity ratio that measures a company’s ability to pay short-term obligations. Walmart’s current ratio for the three months ending October 31, 2021, was 0.95.
Walmart Quick Ratio
Walmart’s quick ratio was reported to be 0.29.
To understand a company’s liquidity, its quick ratio is examined. Walmart’s debt/equity ratio
The debt/equity ratio measures a company’s financial leverage, calculated by dividing its long-term debt by shareholders’ equity. For the three months ending October 31, 2021, Walmart’s debt/equity ratio was 0.45.
Walmart ROE
Return on equity can be defined as the amount of net income returned as a percentage of shareholders’ equity. Return on eIt company’s profitability by revealing how much profit the company generates with the capital invested by shareholders.
Walmart ROA
Walmart’s return on assets was 3.30.
Walmart ROI
At the end of October, Walmart’s return on investment was 6.13%.
Walmart’s return on assets was 3.31, reported in the final quarter of 2021. Return on investment is calculated by dividing income by ordinary assets, such as
To determine a company’s return on assets, it is divided by a person or entity’s net income and the amount of assets present.
Walmart’s Return On Tangible Equity
Walmart’s Return on Tangible Equity was 13.71%.
FAQ’S
What is Walmart’s top-selling item?
Bananas have been the top-selling item at Walmart for several years.
Although America’s largest retailer doesn’t disclose how many bananas it sells, the number must be immense, considering that more than 200 million people shop at Walmart stores worldwide every week.
How much revenue does Walmart generate daily?
On average, Walmart generates an impressive $17,000 every second, $1.1 million per minute, and $68 million per hour in in-store sales.
Moreover, Walmart brings in $1.6 billion daily in revenue and an astounding $49 billion monthly in sales. Altogether, Walmart earns $559 billion annually as of 2022.
What is Walmart most famous for?
Walmart (formerly Wal-mart) is a popular American discount department store, widely recognized for its exceptionally low prices.
The family of Sam Walton, the founder, is the wealthiest in the world. This includes his wife, two nieces, and three children, with a combined net worth exceeding $150 billion.
Where is Walmart most popular?
Walmart is the most popular in the United States.
For many Americans, Walmart is one of the most easily recognizable stores. This could be due to the vast land area it occupies or the common features found at the entrance, such as the Walmart sign.
Walmart deliberately positions itself to be noticed by passersby, which is one reason why its revenue remains competitive with other retail companies.
Walmart’s popularity in America is significant. There are currently 4,756 stores across the country, including Alaska and Hawaii.
Of these, 3,571 are Walmart supercenters, and 809 are smaller Walmart market stores. Many of the newer, smaller Walmart stores have undergone renovations over the years.
Walmart plans to continue building new stores in the future, often through large construction projects that are completed quickly.
In some instances, Walmart may purchase vacant properties and establish stores. This trend is also seen with Walmart stores outside the United States, especially in cities where building a supercenter isn’t practical or would be difficult to restock.
What are the sources of Walmart’s revenue?
Walmart generates significant revenue by selling a wide range of products in large quantities. This strategy let the company to maintain sales increasing which typically increase year after year.
However, it’s not just about the volume of sales. Walmart is a large corporation and the largest employer in the United States. Branding and competitive pricing are key to its success. The combination of these factors results in a consistent flow of customers to their stores.
Another factor contributing to Walmart’s success is its operating hours. Many of Walmart’s supercenters are open 24 hours a day in the US. While the disruptions caused by events since 2020 have affected store hours, Walmart has generally maintained a loyal customer base.
Walmart’s business strategy focuses on leading competitors in services, price, and convenience, which ensures a steady stream of customers. While emphasizing the importance of good relationships The company also maintains low prices, with its suppliers, especially in the food sector. Walmart’s supply chain is considered one of the most efficient among global companies.
Additionally, Walmart is willing to invest in large-scale projects when needed. Walmart works with hundreds of millions of suppliers. The company’s ability to contribute local comunities and low-cost items for further strengthens its competitive advantage, particularly against local retail businesses.
Lastly, Walmart’s widespread presence in the US makes it easy for customers to do all their shopping at one location, ensuring consistent revenue.
How much revenue does Walmart lose annually due to theft?
Walmart loses $3 billion annually due to theft.
Theft has long been a challenge for retail stores, and Walmart is no exception. The company invests significant resources in finding ways to implement protections to reduce theft.
These measures include detectors at every entry and exit, security cameras ensuring comprehensive coverage, and, in some cases, additional law enforcement support. Most shoplifters tend to target Walmart during the day.
Even though $3 billion is substantial, it’s much smaller compared to Walmart’s total revenue of $300 billion, and the company is insured. If Walmart were to enhance security, it would likely do so in a way that doesn’t inconvenience its customers.
Which state has the highest number of Walmart stores?
Texas has the most Walmart stores, with 516 locations.
Walmart is easy to find in almost every state in the US, but some states have more locations than others. Texas has the most stores, including a Walmart, in nearly every major city.
Florida is the second state with the most Walmart locations, having 341 stores, and more may be on the way soon. Florida is known for its large shopping centers in urban and suburban cities, along with its large population, which likely contributes to the number of stores in both Texas and Florida.
North Carolina ranks third in Walmart store count, followed by Georgia. Other southern states also have a high number of retail stores.
Walmart generates a significant portion of its revenue from the southern US, and as a result, expansions, store renovations, and an improved variety of online offerings help keep the region active with Walmart establishments.
Is Walmart bigger than Amazon?
In 2021, Amazon’s annual revenue was $457.965 billion, while Walmart’s revenue was $571.962 billion.
Walmart clearly has higher figures that outpace the competition, but Amazon also performs strongly. These revenue numbers account for a full 12 months. Walmart employs 1.3 million people, making it the largest private employer in the United States and approximately 2.3 million people globally. Additionally, Walmart had a gross profit of $143.223 billion.
Besides this, Amazon employs fewer people than Walmart, and its physical stores aren’t as widespread. In 2021, Amazon’s gross profit was $189.172 billion, slightly higher than Walmart’s.
Overall, both Amazon and Walmart are large companies but stand out in different ways. For instance, Amazon employs more people for its e-commerce business than Walmart. However, Walmart has been expanding its online presence, which could shift in the future as both companies grow and evolve.
Both companies will likely remain competitive for a long time, with significant growth in e-commerce, far surpassing their current levels. Since 2020, Walmart’s online presence has grown remarkably.
Where people once turned to Amazon for electronics, items, and merchandise, they can now find similar products at Walmart and receive quick deliveries, just like Amazon.
Both companies share several similarities. They each have large distribution centres to manage their supplies, operate internationally, and offer competitive prices.
As they continue to grow their online businesses, the similarities between Walmart and Amazon will become even more apparent. Customers increasingly prefer a seamless shopping experience, including contactless delivery, which both companies provide.
What is the average salary of a Walmart employee?
Walmart employees earn between $10 and $19 per hour.
The workforce at Walmart is diverse, encompassing people of all ages and backgrounds. Given the large number of stores and employees, this diversity is expected.
Most employees start with an hourly rate of $11, but this can increase depending on the role, such as a sales associate or pharmacist.
The pay range typically starts at $11 and can go up to $19. However, in some regions, Walmart employees may earn higher starting wages.
Walmart has gradually increased employee wages over the years. While retail payroll expenses have been slow to rise, Walmart is taking steps to offer wages higher than the US national minimum wage.
As the largest employer in the United States, Walmart regularly seeks employee feedback to address their needs and concerns.
Who owns Walmart?
The Walton family has been the owners of Walmart since its inception.
Walmart is not owned by China, nor is it affiliated with China in any corporate capacity. Instead, the Walton family owns and manages the company. It has been a family-run business from the beginning.
The Walton family controls 50% of Walmart’s shares through Walton Family Holdings Trust and Walton Enterprises. Walmart is likely to remain a family business for a long time. The Walton family takes pride in their regular communication and business with employees and managers at various stores.
Conclusion
The major events that have unfolded at Walmart over the past five years have largely unaffected the early 2020s.
The company’s online operations have grown significantly, putting it on par with other major online retail giants. These gains are expected to continue in the near future.