Walmart Inc. (WMT) EV/EBITDA Ratio: 22.89x
Is Walmart Inc.’s ev/ebitda ratio high or low?
Walmart Inc.'s ev/ebitda ratio of 22.89x is 36% above its 5-year average of 16.84x, near the high end of its 5-year range (11.92x–24.34x).
The ev/ebitda ratio for Walmart Inc. (WMT) is 22.89x as of Tuesday, June 9, 2026. It is above its 12-month average by 7.72% (21.25x).
WMT EV/EBITDA Ratio Chart
WMT Average EV/EBITDA Ratio Chart
WMT Current vs Average EV/EBITDA Ratio Chart
WMT EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
22.89x
EV/EBITDA RATIO AVG TTM
21.25x
EV/EBITDA RATIO AVG 3Y
18.07x
EV/EBITDA RATIO AVG 5Y
16.84x
EV/EBITDA RATIO AVG 10Y
13.98x
EV/EBITDA RATIO AVG 15Y
11.95x
EV/EBITDA RATIO AVG 20Y
11.03x
CURRENT VS TTM AVG
+7.72%
CURRENT VS 3Y AVG
+26.71%
CURRENT VS 5Y AVG
+35.90%
CURRENT VS 10Y AVG
+63.78%
CURRENT VS 15Y AVG
+91.55%
CURRENT VS 20Y AVG
+107.46%
WMT Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Walmart Inc. (WMT) | — | 22.89x | 21.25x | 18.07x | 16.84x |
| Target Corporation (TGT) | $57.49B | 7.32x | 7.42x | 8.87x | 9.72x |
| Costco Wholesale Corporation (COST) | $429.55B | 29.01x | 31.12x | 30.20x | 27.49x |
| Amazon.com, Inc. (AMZN) | $2.63T | 16.10x | 16.73x | 19.72x | 21.99x |
| The Kroger Co. (KR) | $38.84B | 10.61x | 9.97x | 8.58x | 8.57x |
| Dollar General Corporation (DG) | $24.13B | 12.64x | 14.36x | 13.36x | 14.89x |
EV/EBITDA vs. its own history
At 22.9, EV/EBITDA is richer than usual — richer than 99% of its 20-year range.
20-year low
6.4
median
9.0
20-year high
24.3
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
Walmart Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Walmart Inc. EV/EBITDA Ratio FAQ
- What is the ev/ebitda ratio for Walmart Inc. (WMT)?
- The ev/ebitda ratio for WMT stock is 22.89x.
- Is Walmart Inc.'s ev/ebitda ratio high or low?
- Walmart Inc.'s ev/ebitda ratio of 22.89x is 36% above its 5-year average of 16.84x, near the high end of its 5-year range (11.92x–24.34x).
- What is the TTM average ev/ebitda ratio for Walmart Inc. (WMT)?
- The TTM average ev/ebitda ratio for WMT stock is 21.25x.
- What is the 3Y average ev/ebitda ratio for Walmart Inc. (WMT)?
- The 3Y average ev/ebitda ratio for WMT stock is 18.07x.
- What is the 5Y average ev/ebitda ratio for Walmart Inc. (WMT)?
- The 5Y average ev/ebitda ratio for WMT stock is 16.84x.
- What is the 10Y average ev/ebitda ratio for Walmart Inc. (WMT)?
- The 10Y average ev/ebitda ratio for WMT stock is 13.98x.
- What is the 15Y average ev/ebitda ratio for Walmart Inc. (WMT)?
- The 15Y average ev/ebitda ratio for WMT stock is 11.95x.
- What is the 20Y average ev/ebitda ratio for Walmart Inc. (WMT)?
- The 20Y average ev/ebitda ratio for WMT stock is 11.03x.
Walmart Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-09 | 22.89x |
| 2026-06-08 | 23.06x |
| 2026-06-05 | 22.89x |
| 2026-06-04 | 22.68x |
| 2026-06-03 | 22.53x |
| 2026-06-02 | 21.84x |
| 2026-06-01 | 22.12x |
| 2026-05-29 | 22.32x |
| 2026-05-28 | 21.70x |
| 2026-05-27 | 21.64x |
| 2026-05-26 | 21.65x |
| 2026-05-22 | 21.94x |
| 2026-05-21 | 22.13x |
| 2026-05-20 | 23.76x |
| 2026-05-19 | 24.34x |
| 2026-05-18 | 24.19x |
| 2026-05-15 | 23.87x |
| 2026-05-14 | 24.04x |
| 2026-05-13 | 23.87x |
| 2026-05-12 | 23.68x |
| 2026-05-11 | 23.20x |
| 2026-05-08 | 23.69x |
| 2026-05-07 | 23.65x |
| 2026-05-06 | 23.63x |
| 2026-05-05 | 23.75x |
| 2026-05-04 | 23.67x |
| 2026-05-01 | 23.89x |
| 2026-04-30 | 23.95x |
| 2026-04-29 | 23.27x |
| 2026-04-28 | 23.20x |
| 2026-04-27 | 23.20x |
| 2026-04-24 | 23.60x |
| 2026-04-23 | 23.97x |
| 2026-04-22 | 23.61x |
| 2026-04-21 | 23.55x |
| 2026-04-20 | 23.26x |
| 2026-04-17 | 23.19x |
| 2026-04-16 | 22.72x |
| 2026-04-15 | 22.71x |
| 2026-04-14 | 22.76x |
| 2026-04-13 | 22.68x |
| 2026-04-10 | 23.06x |
| 2026-04-09 | 23.47x |
| 2026-04-08 | 23.15x |
| 2026-04-07 | 22.32x |
| 2026-04-06 | 23.06x |
| 2026-04-02 | 22.89x |
| 2026-04-01 | 22.71x |
| 2026-03-31 | 22.63x |
| 2026-03-30 | 22.50x |
| 2026-03-27 | 22.39x |
| 2026-03-26 | 22.27x |
| 2026-03-25 | 22.42x |
| 2026-03-24 | 22.25x |
| 2026-03-23 | 22.02x |
| 2026-03-20 | 21.73x |
| 2026-03-19 | 22.08x |
| 2026-03-18 | 22.24x |
| 2026-03-17 | 22.77x |
| 2026-03-16 | 22.93x |
| 2026-03-13 | 23.02x |
| 2026-03-12 | 22.54x |
| 2026-03-11 | 22.23x |
| 2026-03-10 | 22.51x |
| 2026-03-09 | 22.37x |
| 2026-03-06 | 22.28x |
| 2026-03-05 | 22.20x |
| 2026-03-04 | 22.96x |
| 2026-03-03 | 22.98x |
| 2026-03-02 | 22.84x |
| 2026-02-27 | 22.99x |
| 2026-02-26 | 22.39x |
| 2026-02-25 | 22.61x |
| 2026-02-24 | 22.78x |
| 2026-02-23 | 22.62x |
| 2026-02-20 | 22.14x |
| 2026-02-19 | 22.46x |
| 2026-02-18 | 22.76x |
| 2026-02-17 | 23.14x |
| 2026-02-13 | 24.00x |
| 2026-02-12 | 23.96x |
| 2026-02-11 | 23.13x |
| 2026-02-10 | 22.78x |
| 2026-02-09 | 23.17x |
| 2026-02-06 | 23.54x |
| 2026-02-05 | 22.82x |
| 2026-02-04 | 23.00x |
| 2026-02-03 | 22.95x |
| 2026-02-02 | 22.33x |
| 2026-01-30 | 21.49x |
| 2026-01-29 | 21.20x |
| 2026-01-28 | 21.05x |
| 2026-01-27 | 21.12x |
| 2026-01-26 | 21.23x |
| 2026-01-23 | 21.25x |
| 2026-01-22 | 21.27x |
| 2026-01-21 | 21.53x |
| 2026-01-20 | 21.42x |
| 2026-01-16 | 21.58x |
| 2026-01-15 | 21.50x |
| 2026-01-14 | 21.64x |
| 2026-01-13 | 21.70x |
| 2026-01-12 | 21.29x |
| 2026-01-09 | 20.71x |
| 2026-01-08 | 20.46x |
| 2026-01-07 | 20.40x |
| 2026-01-06 | 20.67x |
| 2026-01-05 | 20.40x |
| 2026-01-02 | 20.40x |
| 2025-12-31 | 20.18x |
| 2025-12-30 | 20.26x |
| 2025-12-29 | 20.37x |
| 2025-12-26 | 20.23x |
| 2025-12-24 | 20.21x |
| 2025-12-23 | 20.09x |
| 2025-12-22 | 20.38x |
| 2025-12-19 | 20.68x |
| 2025-12-18 | 20.76x |
| 2025-12-17 | 20.90x |
| 2025-12-16 | 20.86x |
| 2025-12-15 | 21.09x |
| 2025-12-12 | 21.07x |
| 2025-12-11 | 20.87x |
| 2025-12-10 | 20.48x |
| 2025-12-09 | 20.80x |
| 2025-12-08 | 20.54x |
| 2025-12-05 | 20.80x |
| 2025-12-04 | 20.76x |
| 2025-12-03 | 20.69x |
| 2025-12-02 | 21.45x |
| 2025-12-01 | 21.29x |
| 2025-11-28 | 21.11x |
| 2025-11-26 | 20.85x |
| 2025-11-25 | 20.48x |
| 2025-11-24 | 19.95x |
| 2025-11-21 | 20.17x |
| 2025-11-20 | 20.49x |
| 2025-11-19 | 19.33x |
| 2025-11-18 | 19.47x |
| 2025-11-17 | 19.75x |
| 2025-11-14 | 19.66x |
| 2025-11-13 | 19.67x |
| 2025-11-12 | 19.84x |
| 2025-11-11 | 19.84x |
| 2025-11-10 | 19.65x |
| 2025-11-07 | 19.68x |
| 2025-11-06 | 19.52x |
| 2025-11-05 | 19.48x |
| 2025-11-04 | 19.63x |
| 2025-11-03 | 19.50x |
| 2025-10-31 | 19.43x |
| 2025-10-30 | 19.62x |
| 2025-10-29 | 19.66x |
| 2025-10-28 | 19.79x |
| 2025-10-27 | 20.02x |
| 2025-10-24 | 20.33x |
| 2025-10-23 | 20.45x |
| 2025-10-22 | 20.50x |
| 2025-10-21 | 20.33x |
| 2025-10-20 | 20.48x |
| 2025-10-17 | 20.61x |
| 2025-10-16 | 20.38x |
| 2025-10-15 | 20.84x |
| 2025-10-14 | 20.51x |
| 2025-10-13 | 19.60x |
| 2025-10-10 | 19.55x |
| 2025-10-09 | 19.54x |
| 2025-10-08 | 19.74x |
| 2025-10-07 | 19.80x |
| 2025-10-06 | 19.70x |
| 2025-10-03 | 19.59x |
| 2025-10-02 | 19.52x |
| 2025-10-01 | 19.57x |
| 2025-09-30 | 19.77x |
| 2025-09-29 | 19.77x |
| 2025-09-26 | 19.79x |
| 2025-09-25 | 19.77x |
| 2025-09-24 | 19.71x |
| 2025-09-23 | 19.67x |
| 2025-09-22 | 19.72x |
| 2025-09-19 | 19.64x |
| 2025-09-18 | 19.86x |
| 2025-09-17 | 19.98x |
| 2025-09-16 | 19.83x |
| 2025-09-15 | 19.88x |
| 2025-09-12 | 19.84x |
| 2025-09-11 | 19.69x |
| 2025-09-10 | 19.29x |
| 2025-09-09 | 19.63x |
| 2025-09-08 | 19.63x |
| 2025-09-05 | 19.31x |
| 2025-09-04 | 19.38x |
| 2025-09-03 | 19.12x |
| 2025-09-02 | 18.83x |
| 2025-08-29 | 18.67x |
| 2025-08-28 | 20.22x |
| 2025-08-27 | 20.21x |
| 2025-08-26 | 20.21x |
| 2025-08-25 | 20.21x |
| 2025-08-22 | 20.36x |
| 2025-08-21 | 20.58x |
| 2025-08-20 | 21.48x |
| 2025-08-19 | 21.23x |
| 2025-08-18 | 21.12x |
| 2025-08-15 | 20.98x |
| 2025-08-14 | 21.15x |
| 2025-08-13 | 21.17x |
| 2025-08-12 | 21.69x |
| 2025-08-11 | 21.75x |
| 2025-08-08 | 21.71x |
| 2025-08-07 | 21.59x |
| 2025-08-06 | 21.64x |
| 2025-08-05 | 20.85x |
| 2025-08-04 | 20.90x |
| 2025-08-01 | 20.69x |
| 2025-07-31 | 20.59x |
| 2025-07-30 | 20.51x |
| 2025-07-29 | 20.65x |
| 2025-07-28 | 20.51x |
| 2025-07-25 | 20.49x |
| 2025-07-24 | 20.32x |
| 2025-07-23 | 20.14x |
| 2025-07-22 | 20.17x |
| 2025-07-21 | 20.13x |
| 2025-07-18 | 20.01x |
| 2025-07-17 | 20.02x |
| 2025-07-16 | 20.03x |
| 2025-07-15 | 20.08x |
| 2025-07-14 | 20.15x |
| 2025-07-11 | 19.88x |
| 2025-07-10 | 19.97x |
| 2025-07-09 | 20.36x |
| 2025-07-08 | 20.41x |
| 2025-07-07 | 20.85x |
| 2025-07-03 | 20.66x |
| 2025-07-02 | 20.51x |
| 2025-07-01 | 20.64x |
| 2025-06-30 | 20.55x |
| 2025-06-27 | 20.45x |
| 2025-06-26 | 20.20x |
| 2025-06-25 | 20.44x |
| 2025-06-24 | 20.59x |
| 2025-06-23 | 20.56x |
| 2025-06-20 | 20.22x |
| 2025-06-18 | 20.02x |
| 2025-06-17 | 19.86x |
| 2025-06-16 | 19.86x |
| 2025-06-13 | 19.89x |
| 2025-06-12 | 19.97x |
| 2025-06-11 | 20.16x |
| 2025-06-10 | 20.46x |
| 2025-06-09 | 20.48x |
| 2025-06-06 | 20.49x |
| 2025-06-05 | 20.05x |
| 2025-06-04 | 20.32x |
| 2025-06-03 | 20.44x |
| 2025-06-02 | 20.40x |
| 2025-05-30 | 20.20x |
| 2025-05-29 | 19.89x |
| 2025-05-28 | 19.91x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.