Amazon.com, Inc. (AMZN) vs Walmart Inc. (WMT)

A side-by-side comparison of Amazon.com, Inc. and Walmart Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: AMZN is classified in Consumer Cyclical; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMZN vs WMT

growth of $100 · dividends reinvested · last 10y
AMZN +582.7% (+21.2%/yr)WMT +420.6% (+17.9%/yr)AMZN compounded faster over this window
200400600Start $10020182020202220242026$683$521
AMZN WMT

AMZN vs WMT: by the numbers

  • AMZN is the larger company ($2.76T vs $852.71B market cap).
  • AMZN trades at the lower trailing earnings multiple (20.66 vs 38.68 P/E), one valuation lens rather than an overall verdict.
  • AMZN converts more revenue to profit (17.44% vs 3.00% net margin).
  • AMZN grew revenue faster over the past five years (11.84% vs 5.38% CAGR).
  • WMT pays a dividend (0.92% yield), while AMZN has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAMZNWMT
P/E ratio20.6638.68
Forward P/E20.2037.07
P/S ratio3.561.16
P/B ratio5.018.68
EV / EBITDA17.2119.31
FCF yieldN/A1.58%

Profitability

MetricAMZNWMT
Gross margin50.77%25.23%
Operating margin12.08%4.39%
Net margin17.44%3.00%
ROE24.52%22.47%
ROIC8.48%12.89%

Dividends

MetricAMZNWMT
Dividend yieldN/A0.92%
Payout ratioN/A35.29%

Growth (annualized)

MetricAMZNWMT
Revenue CAGR (5Y)11.84%5.38%
EPS CAGR (5Y)27.90%10.95%
FCF CAGR (5Y)-21.57%-5.40%
Total return CAGR (5Y)7.75%18.21%

Frequently asked

Which has the lower trailing P/E, AMZN or WMT?
AMZN has the lower trailing P/E: AMZN trades at 20.66 and WMT at 38.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMZN or WMT?
Over the past five years, AMZN grew revenue faster — AMZN at a 11.84% CAGR versus WMT at 5.38%.
Does AMZN or WMT pay a bigger dividend?
WMT pays a dividend (0.92% yield), while AMZN has no payments in the available dividend history.
Is AMZN or WMT more profitable?
AMZN runs the higher net margin — AMZN at 17.44% versus WMT at 3.00%.
How have AMZN and WMT total returns compared?
Over the past 10 years, AMZN delivered 20.81% and WMT delivered 18.23% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.