Company / Operating Margin
Walmart Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
4.2%
FY2025
5-year range
3.9% / 4.3%
FY2021-FY2025
Trend
-3.0%
vs FY2024
Sector context
#47 of 67
Consumer Staples
What the data says
At 4.2%, Walmart's operating margin ranks #47 of 67 in the Consumer Staples sector. Operating Margin has fluctuated over the past 9 years, ranging from 3.9% in FY2022 to 5.6% in FY2017.
Based on SEC 10-K filings.
4.2% in FY2025 with a 5-year CAGR of +0.1%.
Improved from 4.0% to 4.2% over the past 2 years.
Consumer Staples sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +0.2pp
- 5-Year Change
- +0.1pp
- 10-Year Change
- -
Sector benchmark
#47 of 67 in Consumer StaplesTop 70% of 67This company 4.2% Sector average 10.4%
▼
-60.0% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 3.0% year-over-year.
- Currently 6.3pp below the Consumer Staples sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.48 (distress zone, below 1.8 threshold)
- Strong return on equity: 23.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | 4.2% | -3.0% |
| FY2024 | 4.3% | +6.9% |
| FY2023 | 4.0% | +2.5% |
| FY2022 | 3.9% | -8.0% |
| FY2021 | 4.3% | +4.7% |
| FY2020 | 4.1% | -13.0% |
| FY2019 | 4.7% | -6.2% |
| FY2018 | 5.0% | -10.6% |
| FY2017 | 5.6% | -0.9% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026