Walmart Inc. (WMT) Operating Margin: 4.18%
Is Walmart Inc.’s operating margin high or low?
Walmart Inc.'s operating margin of 4.18% is in line with its 5-year average of 4.09%, near the high end of its 5-year range (3.34%–4.53%).
The operating margin for Walmart Inc. (WMT) is 4.18% as of Tuesday, June 9, 2026. It is below its 12-month average by 1.53% (4.24%).
WMT Operating Margin Chart
WMT Average Operating Margin Chart
WMT Current vs Average Operating Margin Chart
WMT Operating Margin Metrics
OPERATING MARGIN
4.18%
OPERATING MARGIN AVG TTM
4.24%
OPERATING MARGIN AVG 3Y
4.00%
OPERATING MARGIN AVG 5Y
4.09%
OPERATING MARGIN AVG 10Y
4.23%
OPERATING MARGIN AVG 15Y
4.73%
OPERATING MARGIN AVG 20Y
4.99%
CURRENT VS TTM AVG
-1.53%
CURRENT VS 3Y AVG
+4.50%
CURRENT VS 5Y AVG
+2.12%
CURRENT VS 10Y AVG
-1.18%
CURRENT VS 15Y AVG
-11.60%
CURRENT VS 20Y AVG
-16.30%
WMT Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Walmart Inc. (WMT) | — | 4.18% | 4.24% | 4.00% | 4.09% |
| Target Corporation (TGT) | $57.49B | 4.88% | 5.05% | 5.14% | 5.48% |
| Costco Wholesale Corporation (COST) | $429.55B | 3.77% | 3.71% | 3.59% | 3.52% |
| Amazon.com, Inc. (AMZN) | $2.63T | 11.16% | 10.96% | 7.67% | 6.99% |
| The Kroger Co. (KR) | $38.84B | 1.28% | 1.95% | 1.99% | 2.25% |
| Dollar General Corporation (DG) | $24.13B | 5.16% | 4.69% | 6.12% | 6.78% |
Operating Efficiency
Gross Margin
24.9%
Operating Margin
4.2%
Walmart Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Walmart Inc. Operating Margin FAQ
- What is the operating margin for Walmart Inc. (WMT)?
- The operating margin for WMT stock is 4.18%.
- Is Walmart Inc.'s operating margin high or low?
- Walmart Inc.'s operating margin of 4.18% is in line with its 5-year average of 4.09%, near the high end of its 5-year range (3.34%–4.53%).
- What is the TTM average operating margin for Walmart Inc. (WMT)?
- The TTM average operating margin for WMT stock is 4.24%.
- What is the 3Y average operating margin for Walmart Inc. (WMT)?
- The 3Y average operating margin for WMT stock is 4.00%.
- What is the 5Y average operating margin for Walmart Inc. (WMT)?
- The 5Y average operating margin for WMT stock is 4.09%.
- What is the 10Y average operating margin for Walmart Inc. (WMT)?
- The 10Y average operating margin for WMT stock is 4.23%.
- What is the 15Y average operating margin for Walmart Inc. (WMT)?
- The 15Y average operating margin for WMT stock is 4.73%.
- What is the 20Y average operating margin for Walmart Inc. (WMT)?
- The 20Y average operating margin for WMT stock is 4.99%.
Walmart Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2026-01-31 | 4.18% |
| 2025-01-31 | 4.31% |
| 2024-01-31 | 4.17% |
| 2023-01-31 | 3.34% |
| 2022-01-31 | 4.53% |
| 2021-01-31 | 4.03% |
| 2020-01-31 | 3.93% |
| 2019-01-31 | 4.27% |
| 2018-01-31 | 4.08% |
| 2017-01-31 | 4.69% |
| 2016-01-31 | 5.00% |
| 2015-01-31 | 5.59% |
| 2014-01-31 | 5.64% |
| 2013-01-31 | 5.92% |
| 2012-01-31 | 5.93% |
| 2011-01-31 | 6.05% |
| 2010-01-31 | 5.88% |
| 2009-01-31 | 5.63% |
| 2008-01-31 | 5.82% |
| 2007-01-31 | 5.88% |
| 2006-01-31 | 6.00% |
| 2005-01-31 | 6.08% |
| 2004-01-31 | 5.81% |
| 2003-01-31 | 5.39% |
| 2002-01-31 | 5.63% |
| 2001-01-31 | 5.85% |
| 2000-01-31 | 4.98% |
| 1999-01-31 | 4.70% |
| 1998-01-31 | 4.33% |
| 1997-01-31 | 4.15% |