Walmart Inc. Common Stock (WMT) - Net Assets
Based on the latest financial reports, Walmart Inc. Common Stock (WMT) has net assets worth $96.09 Billion USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($288.65 Billion) and total liabilities ($192.56 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $96.09 Billion |
| % of Total Assets | 33.29% |
| Annual Growth Rate | 11.76% |
| 5-Year Change | 11.61% |
| 10-Year Change | 16.84% |
| Growth Volatility | 11.58 |
Walmart Inc. Common Stock - Net Assets Trend (1986–2025)
This chart illustrates how Walmart Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Walmart Inc. Common Stock (1986–2025)
The table below shows the annual net assets of Walmart Inc. Common Stock from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $97.69 Billion | +7.86% |
| 2024-01-31 | $90.57 Billion | +7.83% |
| 2023-01-31 | $83.99 Billion | -8.60% |
| 2022-01-31 | $91.89 Billion | +4.98% |
| 2021-01-31 | $87.53 Billion | +7.33% |
| 2020-01-31 | $81.55 Billion | +2.41% |
| 2019-01-31 | $79.63 Billion | -1.47% |
| 2018-01-31 | $80.82 Billion | +0.36% |
| 2017-01-31 | $80.53 Billion | -3.68% |
| 2016-01-31 | $83.61 Billion | -2.71% |
| 2015-01-31 | $85.94 Billion | +3.75% |
| 2014-01-31 | $82.83 Billion | +0.70% |
| 2013-01-31 | $82.26 Billion | +8.00% |
| 2012-01-31 | $76.17 Billion | +6.29% |
| 2011-01-31 | $71.66 Billion | -2.16% |
| 2010-01-31 | $73.24 Billion | +12.18% |
| 2009-01-31 | $65.28 Billion | +1.05% |
| 2008-01-31 | $64.61 Billion | +4.93% |
| 2007-01-31 | $61.57 Billion | +15.80% |
| 2006-01-31 | $53.17 Billion | +7.64% |
| 2005-01-31 | $49.40 Billion | +13.23% |
| 2004-01-31 | $43.62 Billion | +10.90% |
| 2003-01-31 | $39.34 Billion | +12.06% |
| 2002-01-31 | $35.10 Billion | +11.99% |
| 2001-01-31 | $31.34 Billion | +21.32% |
| 2000-01-31 | $25.83 Billion | +22.37% |
| 1999-01-31 | $21.11 Billion | +14.10% |
| 1998-01-31 | $18.50 Billion | +7.93% |
| 1997-01-31 | $17.14 Billion | +16.18% |
| 1996-01-31 | $14.76 Billion | +15.95% |
| 1995-01-31 | $12.73 Billion | +18.35% |
| 1994-01-31 | $10.75 Billion | +22.76% |
| 1993-01-31 | $8.76 Billion | +25.32% |
| 1992-01-31 | $6.99 Billion | +30.27% |
| 1991-01-31 | $5.37 Billion | +35.30% |
| 1990-01-31 | $3.97 Billion | +31.84% |
| 1989-01-31 | $3.01 Billion | +33.25% |
| 1988-01-31 | $2.26 Billion | +33.53% |
| 1987-01-31 | $1.69 Billion | +32.31% |
| 1986-01-31 | $1.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Walmart Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9101.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $98.31 Billion | 108.02% |
| Common Stock | $802.00 Million | 0.88% |
| Other Comprehensive Income | $-13.61 Billion | -14.95% |
| Other Components | $5.50 Billion | 6.05% |
| Total Equity | $91.01 Billion | 100.00% |
Walmart Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Walmart Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Walmart Inc. Common Stock
NASDAQ:WMT
|
$1.01 Trillion |
|
Walmart Inc
SA:WALM34
|
$1.03 Trillion |
|
Tesla Inc
NASDAQ:TSLA
|
$1.29 Trillion |
|
Meta Platforms Inc.
SA:M1TA34
|
$1.41 Trillion |
|
Samsung Electronics Co Ltd
KO:005930
|
$874.18 Billion |
|
Eli Lilly and Company
SA:LILY34
|
$853.51 Billion |
|
JPMorgan Chase & Co
NYSE:JPM
|
$831.18 Billion |
|
Eli Lilly and Company
NYSE:LLY
|
$791.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Walmart Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 83,861,000,000 to 91,013,000,000, a change of 7,152,000,000 (8.5%).
- Net income of 19,436,000,000 contributed positively to equity growth.
- Dividend payments of 6,688,000,000 reduced retained earnings.
- Share repurchases of 4,494,000,000 reduced equity.
- Other comprehensive income decreased equity by 2,303,000,000.
- Other factors increased equity by 1,201,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.44 Billion | +21.36% |
| Dividends Paid | $6.69 Billion | -7.35% |
| Share Repurchases | $4.49 Billion | -4.94% |
| Other Comprehensive Income | $-2.30 Billion | -2.53% |
| Other Changes | $1.20 Billion | +1.32% |
| Total Change | $- | 8.53% |
Book Value vs Market Value Analysis
This analysis compares Walmart Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1082.19x to 10.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-01-31 | $0.10 | $112.76 | x |
| 1987-01-31 | $0.13 | $112.76 | x |
| 1988-01-31 | $0.17 | $112.76 | x |
| 1989-01-31 | $0.23 | $112.76 | x |
| 1990-01-31 | $0.29 | $112.76 | x |
| 1991-01-31 | $0.40 | $112.76 | x |
| 1992-01-31 | $0.51 | $112.76 | x |
| 1993-01-31 | $0.64 | $112.76 | x |
| 1994-01-31 | $0.78 | $112.76 | x |
| 1995-01-31 | $0.93 | $112.76 | x |
| 1996-01-31 | $1.07 | $112.76 | x |
| 1997-01-31 | $1.24 | $112.76 | x |
| 1998-01-31 | $1.36 | $112.76 | x |
| 1999-01-31 | $1.57 | $112.76 | x |
| 2000-01-31 | $1.92 | $112.76 | x |
| 2001-01-31 | $2.33 | $112.76 | x |
| 2002-01-31 | $2.61 | $112.76 | x |
| 2003-01-31 | $2.95 | $112.76 | x |
| 2004-01-31 | $3.33 | $112.76 | x |
| 2005-01-31 | $3.86 | $112.76 | x |
| 2006-01-31 | $4.23 | $112.76 | x |
| 2007-01-31 | $4.92 | $112.76 | x |
| 2008-01-31 | $5.29 | $112.76 | x |
| 2009-01-31 | $5.51 | $112.76 | x |
| 2010-01-31 | $6.08 | $112.76 | x |
| 2011-01-31 | $6.23 | $112.76 | x |
| 2012-01-31 | $6.84 | $112.76 | x |
| 2013-01-31 | $7.51 | $112.76 | x |
| 2014-01-31 | $7.74 | $112.76 | x |
| 2015-01-31 | $8.37 | $112.76 | x |
| 2016-01-31 | $8.35 | $112.76 | x |
| 2017-01-31 | $8.33 | $112.76 | x |
| 2018-01-31 | $8.62 | $112.76 | x |
| 2019-01-31 | $8.21 | $112.76 | x |
| 2020-01-31 | $8.68 | $112.76 | x |
| 2021-01-31 | $9.52 | $112.76 | x |
| 2022-01-31 | $9.89 | $112.76 | x |
| 2023-01-31 | $9.35 | $112.76 | x |
| 2024-01-31 | $10.34 | $112.76 | x |
| 2025-01-31 | $11.26 | $112.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Walmart Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.85%
- • Asset Turnover: 2.61x
- • Equity Multiplier: 2.87x
- Recent ROE (21.36%) is above the historical average (20.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 25.63% | 3.87% | 2.73x | 2.43x | $199.73 Million |
| 1987 | 26.63% | 3.78% | 2.94x | 2.40x | $281.05 Million |
| 1988 | 27.80% | 3.93% | 3.11x | 2.27x | $401.87 Million |
| 1989 | 27.83% | 4.05% | 3.25x | 2.11x | $536.41 Million |
| 1990 | 27.13% | 4.17% | 3.15x | 2.07x | $679.34 Million |
| 1991 | 24.06% | 3.96% | 2.86x | 2.12x | $754.45 Million |
| 1992 | 23.01% | 3.67% | 2.84x | 2.21x | $909.53 Million |
| 1993 | 22.77% | 3.60% | 2.70x | 2.35x | $1.12 Billion |
| 1994 | 21.70% | 3.46% | 2.55x | 2.46x | $1.26 Billion |
| 1995 | 21.07% | 3.21% | 2.54x | 2.58x | $1.41 Billion |
| 1996 | 18.57% | 2.89% | 2.52x | 2.54x | $1.26 Billion |
| 1997 | 17.83% | 2.88% | 2.68x | 2.31x | $1.34 Billion |
| 1998 | 19.06% | 2.96% | 2.63x | 2.45x | $1.68 Billion |
| 1999 | 20.98% | 3.18% | 2.78x | 2.37x | $2.32 Billion |
| 2000 | 21.58% | 3.34% | 2.37x | 2.72x | $2.99 Billion |
| 2001 | 20.08% | 3.26% | 2.47x | 2.49x | $3.16 Billion |
| 2002 | 18.78% | 3.20% | 2.47x | 2.38x | $3.08 Billion |
| 2003 | 20.22% | 3.23% | 2.60x | 2.41x | $4.02 Billion |
| 2004 | 20.76% | 3.50% | 2.47x | 2.40x | $4.69 Billion |
| 2005 | 20.79% | 3.61% | 2.36x | 2.43x | $5.33 Billion |
| 2006 | 21.12% | 3.60% | 2.26x | 2.60x | $5.91 Billion |
| 2007 | 18.33% | 3.24% | 2.31x | 2.46x | $5.13 Billion |
| 2008 | 19.70% | 3.38% | 2.31x | 2.53x | $6.27 Billion |
| 2009 | 20.50% | 3.31% | 2.47x | 2.50x | $6.85 Billion |
| 2010 | 20.31% | 3.52% | 2.39x | 2.41x | $7.30 Billion |
| 2011 | 23.91% | 3.89% | 2.34x | 2.64x | $9.53 Billion |
| 2012 | 22.01% | 3.52% | 2.31x | 2.71x | $8.57 Billion |
| 2013 | 22.27% | 3.63% | 2.31x | 2.66x | $9.36 Billion |
| 2014 | 21.01% | 3.36% | 2.33x | 2.69x | $8.40 Billion |
| 2015 | 20.10% | 3.37% | 2.38x | 2.50x | $8.22 Billion |
| 2016 | 18.24% | 3.05% | 2.42x | 2.48x | $6.64 Billion |
| 2017 | 17.54% | 2.81% | 2.44x | 2.56x | $5.86 Billion |
| 2018 | 12.66% | 1.97% | 2.45x | 2.63x | $2.08 Billion |
| 2019 | 9.20% | 1.30% | 2.35x | 3.02x | $-579.60 Million |
| 2020 | 19.93% | 2.84% | 2.22x | 3.17x | $7.41 Billion |
| 2021 | 16.62% | 2.42% | 2.21x | 3.11x | $5.38 Billion |
| 2022 | 16.42% | 2.39% | 2.34x | 2.94x | $5.35 Billion |
| 2023 | 15.23% | 1.91% | 2.51x | 3.17x | $4.01 Billion |
| 2024 | 18.50% | 2.39% | 2.57x | 3.01x | $7.12 Billion |
| 2025 | 21.36% | 2.85% | 2.61x | 2.87x | $10.33 Billion |
Industry Comparison
This section compares Walmart Inc. Common Stock's net assets metrics with peer companies in the Discount Stores industry.
Industry Context
- Industry: Discount Stores
- Average net assets among peers: $2,397,226,333
- Average return on equity (ROE) among peers: 21.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Walmart Inc. Common Stock (WMT) | $96.09 Billion | 25.63% | 2.00x | $898.72 Billion |
| BJs Wholesale Club Holdings Inc (BJ) | $648.11 Million | 65.83% | 7.75x | $12.34 Billion |
| Costco Wholesale Corp (COST) | $1.80 Billion | 12.42% | 1.18x | $434.25 Billion |
| Dollar General Corporation (DG) | $189.80 Million | 18.76% | 0.67x | $26.57 Billion |
| Dollar Tree Inc (DLTR) | $1.46 Billion | 27.23% | 0.63x | $20.63 Billion |
| Ollie's Bargain Outlet Hldg (OLLI) | $1.70 Billion | 11.78% | 0.51x | $5.54 Billion |
| PriceSmart Inc (PSMT) | $708.77 Million | 12.61% | 0.66x | $4.59 Billion |
| BBB Foods Inc. (TBBB) | $-4.63 Billion | 0.00% | 0.00x | $2.31 Billion |
| Target Corporation (TGT) | $10.95 Billion | 24.96% | 2.42x | $52.60 Billion |
| Walmart Inc. Common Stock (WMT) | $8.76 Billion | 22.77% | 1.35x | $1.01 Trillion |
About Walmart Inc. Common Stock
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. It operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-o… Read more