The retail Goliath extended its streak at No. 1 on the Global 500 for a ninth consecutive year, bringing in more than $570 billion in revenue. Walmart successfully navigated a challenging 2021—sales grew by 2.4%, and profits inched up by 1.2%—owing in part to its e-commerce offerings: To better compete with delivery rivals as varied as Amazon and DoorDash, Walmart expanded its store-to-fridge delivery service, InHome; it also tested driverless delivery vehicles with Ford. Its click-and-collect curbside pickup service generated sales of $20.4 billion in 2021, a tripling over the past two years. The company’s e-commerce strategy is now in new hands: Walmart’s chief e-commerce officer, Casey Carl, retired and was replaced by Tom Ward in February 2022.
People purchase at the Sam's Club flagship store at the Waigaoqiao New Development Zone
Fan Jianlei—JIEMIAN NEWS/VCG/Getty Images

Company Information

As of 6/5/23
Country
U.S.
Headquarters
Bentonville, Ark.
Industry
General Merchandisers
CEO
C. Douglas McMillon
Company Type
Public
Ticker
WMT
Revenues ($M)
$611,289
Profits ($M)
$11,680
Market Value ($M)
$397,475
Employees
2,100,000
Figures are for fiscal year ended Jan. 31, 2023. Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)
As of 8/3/2022

($ Millions)
% change
Revenues ($M)
$572,754
2.4%
Profits ($M)
$13,673
1.2%
Assets ($M)
$244,860
-
Total Stockholder Equity ($M)
$83,253
-

Profit Ratios
As of 8/3/2022

Profit as % of Revenues
2.4%
Profits as % of Assets
5.6%
Profits as % of Stockholder Equity
16.4%

Walmart Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2021$559,1516.7%$13,510-9.2%$252,496$80,925
2020$523,9641.9%$14,881123.1%$236,495$74,669
2019$514,4052.8%$6,670-32.4%$219,295$72,496
2018$500,3433%$9,862-27.7%$204,522$77,869
2017$485,8730.8%$13,643-7.2%$198,825$77,798
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