Switch to:
Wal-Mart Stores Inc  (NYSE:WMT) EBITDA: $32,213 Mil (TTM As of Jul. 2017)

Wal-Mart Stores Inc's EBITDA for the three months ended in Jul. 2017 was $7,837 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Jul. 2017 was $32,213 Mil.

During the past 12 months, the average EBITDA Growth Rate of Wal-Mart Stores Inc was -7.20% per year. During the past 3 years, the average EBITDA Growth Rate was -2.80% per year. During the past 5 years, the average EBITDA Growth Rate was -1.40% per year. During the past 10 years, the average EBITDA Growth Rate was 2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Wal-Mart Stores Inc was 25.50% per year. The lowest was -2.80% per year. And the median was 11.30% per year.

Wal-Mart Stores Inc's EBITDA per Share for the three months ended in Jul. 2017 was $2.59. Its EBITDA per share for the trailing twelve months (TTM) ended in Jul. 2017 was $10.52.

During the past 12 months, the average EBITDA per Share Growth Rate of Wal-Mart Stores Inc was -4.10% per year. During the past 3 years, the average EBITDA per Share Growth Rate was -1.00% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 0.70% per year. During the past 10 years, the average EBITDA per Share Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Wal-Mart Stores Inc was 24.60% per year. The lowest was -1.00% per year. And the median was 12.30% per year.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Wal-Mart Stores Inc Annual Data

Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36,389.00 35,861.00 36,433.00 33,640.00 32,944.00

Wal-Mart Stores Inc Quarterly Data

Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,612.00 8,941.00 7,823.00 7,837.00 6,120.00

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Wal-Mart Stores Inc's EBITDA for the fiscal year that ended in Jan. 2017 is calculated as

Wal-Mart Stores Inc's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Jan. 2017, Wal-Mart Stores Inc's EBITDA was $32,944 Mil.

Wal-Mart Stores Inc's EBITDA for the quarter that ended in Jul. 2017 is calculated as

Wal-Mart Stores Inc's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Jul. 2017, Wal-Mart Stores Inc's EBITDA was $7,837 Mil.

EBITDA for the trailing twelve months (TTM) ended in Jul. 2017 was 7612 (Oct. 2016 ) + 8941 (Jan. 2017 ) + 7823 (Apr. 2017 ) + 7837 (Jul. 2017 ) = $32,213 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EDITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also price/EBITDA is sometimes used in valuations.


Related Terms


Headlines

From the Internet

WMT
3 Dividend Stocks Ideal for Retirees

- Fool 2017-11-18 11:00:00

WMT
Color Kass Bewildered: Best of Kass

- theStreet 2017-11-18 10:00:00

WMT
Why Walmart Haters Have Been Beyond Dumb

- theStreet 2017-11-18 09:21:00

WMT
Week Review November 16 2017

- Seekingalpha 2017-11-18 05:00:34

WMT
Wal Mart Please Stop Madness Buy

- Seekingalpha 2017-11-17 14:59:23

WMT
Time for High Beta & Momentum ETFs?

- Zacks 2017-11-17 12:23:00

WMT
Wal-Mart preorders 15 Tesla trucks for U.S., Canada

- MarketWatch 2017-11-17 12:16:00

WMT
Wal-Mart planning to test Tesla's truck: report

- MarketWatch 2017-11-17 11:42:00

WMT
Why Wal-Mart Is Getting a Dressing-Down

- Barron's 2017-11-17 11:14:00

WMT
Stock Market News For Nov 17, 2017

- Zacks 2017-11-17 09:09:00

WMT
Wal-Mart Is Holding Its Own Against Amazon

- Barron's 2017-11-17 09:06:27

WMT
Wal Mart Amazon Nervous

- Seekingalpha 2017-11-17 08:08:28

WMT
Thursday Wal Mart Cisco Cramers Mad Money 11 16 17

- Seekingalpha 2017-11-17 07:43:52

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK