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Walmart Inc. (WMT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJan-31-23Jan-31-22Jan-31-21Jan-31-20Jan-31-19Jan-31-18Jan-31-17Jan-31-16
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Net sales  611,289.0572,754.0559,151.0523,964.0514,405.0500,343.0485,873.0482,130.0
            Net sales growth  6.7%2.4%6.7%1.9%2.8%3.0%0.8%-0.7%
Membership and other income  5,408.04,992.03,918.04,038.04,076.04,582.04,556.03,516.0
    Total revenues  611,289.0572,754.0559,151.0523,964.0514,405.0500,343.0485,873.0482,130.0
            Total revenues growth  6.7%2.4%6.7%1.9%2.8%3.0%0.8%-0.7%
Costs and expenses:          
Cost of sales  463,721.0429,000.0420,315.0394,605.0385,301.0373,396.0361,256.0360,984.0
Operating, selling, general and administrative expenses  127,140.0117,812.0116,288.0108,791.0107,147.0106,510.0101,853.097,041.0
    Operating income  20,428.025,942.022,548.020,568.021,957.020,437.022,764.024,105.0
            Operating margin  3.3%4.5%4.0%3.9%4.3%4.1%4.7%5.0%
   
Interest:          
Debt  1,787.01,674.01,976.02,262.01,975.01,978.02,044.02,027.0
Finance lease  341.0320.0339.0337.0    
Interest income  -254.0-158.0-121.0-189.0-217.0-152.0-100.0-81.0
Interest, net  1,874.01,836.02,194.02,410.02,129.02,178.02,267.02,467.0
Other (gains) and losses  1,538.03,000.0-210.0-1,958.08,368.0   
    Income before income taxes  17,016.018,696.020,564.020,116.0    
Provision for income taxes  5,724.04,756.06,858.04,915.04,281.04,600.06,204.06,558.0
    Consolidated net income  11,292.013,940.013,706.015,201.07,179.010,523.014,293.015,080.0
Consolidated net income attributable to noncontrolling interest  388.0-267.0-196.0-320.0-509.0-661.0-650.0-386.0
Consolidated net income attributable to Walmart  11,680.013,673.013,510.014,881.06,670.09,862.013,643.014,694.0
   
Net income per common share:          
Basic net income per common share attributable to Walmart (in dollars per share)  $4.29$4.90$4.77$5.22$2.28$3.29$4.40$4.58
Diluted net income per common share attributable to Walmart  $4.27$4.87$4.75$5.19$2.26$3.28$4.38$4.57
   
Weighted-average common shares outstanding:          
Basic (shares)  2,724.02,792.02,831.02,850.02,929.02,995.03,101.03,207.0
Diluted (shares)  2,734.02,805.02,847.02,868.02,945.03,010.03,112.03,217.0
   
Dividends declared per common share (in dollars per share)  $2.24$2.20$2.16$2.12$2.08$2.04$2.00$1.96

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