Company / SG&A Expense
Walmart SG&A Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$147.9B
FY2025
5-year range
$108.8B / $147.9B
FY2021-FY2025
Trend
+5.8%
vs FY2024
Sector context
#1 of 73
Consumer Staples
What the data says
Among 73 Consumer Staples companies, Walmart is in the bottom 1% for sg&a expense. SG&A Expense has increased for 8 consecutive years, from $93.4B in FY2017 to $147.9B in FY2025.
Based on SEC 10-K filings.
$147.9B in FY2025 with a 5-year CAGR of +6.8%. Ranks 1st among 73 companies in Consumer Staples.
Increased from $116.3B to $147.9B over the past 2 years.
Consumer Staples sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +10.8%
- 5-Year CAGR
- +6.8%
- 10-Year CAGR
- -
Sector benchmark
+3960.7% above sector average
Key checks
Key Insights
- Walmart's sg&a expense has grown for 8 consecutive years.
- 5-year CAGR of +6.8%, indicating consistent growth.
- In FY2025, sg&a expense increased 5.8% year-over-year.
- Ranks #1 out of 73 companies in the Consumer Staples sector.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | $147.9B | +5.8% |
| FY2024 | $139.9B | +20.3% |
| FY2023 | $116.3B | +6.9% |
| FY2022 | $108.8B | +1.5% |
| FY2021 | $107.1B | +0.6% |
| FY2020 | $106.5B | +4.6% |
| FY2019 | $101.9B | +5.0% |
| FY2018 | $97.0B | +3.9% |
| FY2017 | $93.4B | +2.3% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026