Walmart Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Walmart Inc. (WMT), the latest P/E of 38.7 frames valuation, while ROE 22.74% and ROIC 12.72% indicates profitability and capital efficiency. Together with the current ratio of 0.77 and debt-to-equity 0.75, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

WMT Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$92.51$84.69$80.24$74.80$68.38$65.84$61.28$58.54$55.69$52.23
Net Income per Share$2.78$2.42$1.92$1.43$1.63$1.59$1.74$0.76$1.10$1.47
Operating Cash Flow per Share$5.40$4.53$4.42$3.53$2.89$4.25$2.95$3.16$3.15$3.39
Free Cash Flow per Share$1.70$1.57$1.87$1.47$1.32$3.04$1.70$1.98$2.04$2.25
Cash per Share$1.45$1.12$1.22$1.06$1.76$2.09$1.11$0.88$0.75$0.74
Book Value per Share$13.14$12.15$11.21$10.28$10.97$10.31$9.54$9.06$9.00$8.66
Tangible Book Value per Share$9.59$8.57$7.73$6.83$7.51$6.89$5.90$5.51$6.96$6.83
Interest Debt per Share$9.57$7.82$7.92$7.47$7.08$7.72$8.78$6.87$5.43$5.19
CAPEX per Share$3.70$2.96$2.55$2.06$1.56$1.21$1.25$1.18$1.12$1.14

WMT Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)38.6840.6128.6833.5628.5529.1821.9342.0832.3715.17
Price to Book (P/B)8.688.675.35.114.694.874.373.874.12.66
Price to Sales (P/S)1.161.160.690.640.680.710.620.550.640.43
Enterprise Value to EBITDA21.362013.6414.713.8112.9211.5513.4912.837.49
EV to Sales1.241.230.770.720.760.790.740.640.720.51
EV to Operating Cash Flow21.3223.0613.8915.3317.912.1915.4111.9312.677.8
EV to Free Cash Flow67.7366.3832.8336.939.0917.0426.7519.0119.6311.77
Enterprise Value$914.93B$840.38B$496.34B$442.23B$432.88B$439.75B$389.24B$330.97B$358.97B$246.06B

WMT Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)22.74%21.36%18.50%15.23%16.42%16.69%19.93%9.20%12.66%17.54%
Return on Invested Capital (ROIC)12.72%13.06%12.08%8.60%11.89%9.10%9.31%9.19%10.48%11.69%
Return on Tangible Assets8.31%8.38%6.92%5.43%6.33%6.04%7.24%3.55%5.29%7.50%
Earnings Yield2.59%2.46%3.49%2.98%3.50%3.43%4.56%2.38%3.09%6.59%
Free Cash Flow Yield1.58%1.60%3.40%3.06%2.84%6.55%4.46%6.20%5.73%10.10%
Dividend Yield0.91%0.85%1.38%1.56%1.58%1.55%1.85%2.17%1.92%3.00%

WMT Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.770.820.830.820.930.970.790.80.760.86
Interest Coverage13.7110.7610.079.613.019.747.919.368.779.62
Income Quality1.921.812.22.551.732.631.663.872.872.31
Debt to Equity0.750.660.730.770.690.780.970.80.60.59
Debt to Assets25.09%23.05%24.30%24.23%23.41%25.05%30.63%26.46%22.73%23.10%
Net Debt to EBITDA1.451.221.411.671.361.341.872.051.421.19

WMT Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover66.4468.2773.6877.0669.1785.8183.3881.8789.1283.27
Payables Turnover8.558.728.638.637.768.558.48.198.18.72
Inventory Turnover8.939.078.938.27.599.358.888.78.538.39
Days Sales Outstanding5.495.354.954.745.284.254.384.464.14.38
Days Payables Outstanding42.6741.8442.3142.347.0242.6743.4544.5845.0641.86
Days of Inventory on Hand40.8740.2540.8844.5348.0839.0341.141.9442.843.49

WMT Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA21.362013.6414.713.8112.9211.5513.4912.837.49
Market Cap$852.71B$789.30B$444.88B$391.93B$390.32B$394.25B$326.27B$280.66B$319.24B$206.99B
Enterprise Value$914.93B$840.38B$496.34B$442.23B$432.88B$439.75B$389.24B$330.97B$358.97B$246.06B
Dividend Yield0.91%0.85%1.38%1.56%1.58%1.55%1.85%2.17%1.92%3.00%
Payout Ratio34.87%34.41%39.58%52.35%44.99%45.27%40.64%91.48%62.10%45.56%

Frequently Asked Questions

How does Walmart Inc.’s P/E ratio compare with its history?

On this page, WMT's current P/E is 38.7, compared with a multi-year average around 31.1. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Walmart Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $852.71B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Walmart Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Walmart Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Walmart Inc. compare to its competitors in key financial ratios?

The fastest way to compare Walmart Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Walmart Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Walmart Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Walmart Inc. is financially strong. Current ratio is about 0.77, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 13.71, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.75, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Walmart Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Walmart Inc. is sustaining strong returns (for example ROE at 22.74% and ROIC at 12.72%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.