Walmart Inc. (WMT) Stock Analysis
Walmart Inc. by the reported numbers
On the most recently reported figures, Walmart Inc. (WMT) shows revenue up 4.7% and earnings per share up 13.3% year over year.
The business runs a net margin of 3.1%, a free cash flow margin of 2.1% and a 17.7% return on invested capital.
Its balance sheet carries net debt at 1.0× EBITDA.
The ImpliedLens normalized earnings-value model places the shares 55.8% below the current price under its disclosed assumptions, which you can change. At today's price the market is implying 12.3% more growth than the reported figures support.
Valuation
| Forward P/E | 47.3× | Price / trailing four-quarter actual EPS · Jul 31, 2026 |
|---|---|---|
| Model upside | −55.8% | ImpliedLens normalized earnings-value model · Aug 28, 2026 |
| Conservative case | −78.1% | ImpliedLens conservative earnings-value model · Aug 28, 2026 |
| Implied growth gap | +12.3% | ImpliedLens price-expectations model · Aug 28, 2026 |
Growth
| Revenue growth | +4.7% | SEC filing · Aug 28, 2026 |
|---|---|---|
| EPS growth | +13.3% | SEC filing · Aug 28, 2026 |
| Share count change | −0.6% | SEC filing · Aug 28, 2026 |
Profitability and returns
| Net margin | 3.1% | Derived from SEC filing · Aug 28, 2026 |
|---|---|---|
| Free cash flow margin | 2.1% | SEC filing · Aug 28, 2026 |
| Return on invested capital | 17.7% | Derived from SEC filing · Aug 28, 2026 |
| Return on equity | 20.9% | Derived from SEC filing · Aug 28, 2026 |
Balance sheet
| Net debt / EBITDA | 1.0× | Derived SEC operating-income proxy · Aug 28, 2026 |
|---|---|---|
| Equity / assets | 35.6% | Derived from SEC filing · Aug 28, 2026 |
Every figure above carries the source it came from and the date it was reported. Company filings as of Aug 28, 2026. Figures are reported and derived data, not advice, and the valuation model is one set of assumptions you can change.