Credit and interest ratesmixed · 5 filings
“The decrease was primarily due to higher short-term borrowings and lower share repurchases, primarily offset by increased debt repayments in the current fiscal year.”10-Q · Aug 28, 2026 ↗
Walmart Inc.
WMT
Market read
Walmart Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 25 directly disclosed connections are confirming.
P/E37.6xlatest annual facts
Revenue YoY+4.7%2026-01-31
Operating margin4.2%-0.1 pts YoY
Company+1.3% todayVolume comparison unavailable
Market group0 of 17 activeDefensive Consumer Stocks · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Tariff refunds primarily supported the higher gross-profit rate in the latest six-month period, alongside offsets from price investments and fuel costs.
- Higher self-insured general liability claims expense was identified as a current operating-cost pressure.
Invalidation: The isolated read changes if WMT's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 25 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Tariff refunds primarily supported the higher gross-profit rate in the latest six-month period, alongside offsets from price investments and fuel costs.
- Higher self-insured general liability claims expense was identified as a current operating-cost pressure.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements184
Verified relationships8
Evidence supporting the case
- Operating cash flow covered net income at 1.90x in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Energy and commodity prices has repeated adverse evidence across 4 filings.
- Supply chain and availability has repeated adverse evidence across 4 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 11, 2026
107.126m-14.5%12m+6.7%24m+39.7%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-01-31$567.8B+2.3%——
2023-01-31$605.9B+6.7%—-2.5%
2024-01-31$642.6B+6.1%—-1.1%
2025-01-31$674.5B+5.0%—-0.3%
2026-01-31$706.4B+4.7%—-0.7%
What management says matters
Persistent and emerging business drivers
Foreign exchangemixed · 5 filings
“The increase was primarily due to positive comparable sales across our international markets, including strong eCommerce growth of $2.0 billion, and positive fluctuations in currency exchange rates of $2.3 billion.”10-Q · May 29, 2026 ↗
Energy and commodity pricesmixed · 4 filings
“The increases were primarily driven by tariff refunds, partially offset by price investments and higher fuel costs within our supply chain.”10-Q · Aug 28, 2026 ↗
Supply chain and availabilitymixed · 4 filings
“The increases were primarily driven by tariff refunds, partially offset by price investments and higher fuel costs within our supply chain.”10-Q · Aug 28, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
107.12+1.3% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for WMT. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for WMT. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind WMT
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
BRBR74.0% of BRBRcustomerNov 18, 2025 ▾
“Our largest customers, Walmart (which includes its affiliates, including Sam’s Club), Costco and Amazon, accounted for approximately 74.0% of our net sales in our year ended September 30, 2025.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 30 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
WMT is currently a Follower in the organic co-movement group Defensive Consumer Stocks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.