Walmart's gross profit for the
three
months ended in Jan. 2024 was $41,563 Mil. Walmart's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $157,983 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Walmart's gross profit for the
three
months ended in Jan. 2024 was $41,563 Mil. Walmart's Revenue for the
three
months ended in Jan. 2024 was $173,388 Mil. Therefore, Walmart's Gross Margin % for the quarter that ended in Jan. 2024 was 23.97%.
Walmart had a gross margin of 23.97% for the quarter that ended in Jan. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Walmart was 25.65%. The lowest was 24.14%. And the median was 24.97%.
Walmart Gross Profit Historical Data
The historical data trend for Walmart's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Discount Stores subindustry, Walmart's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
Walmart's Gross Profit Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Walmart's Gross Profit distribution charts can be found below:
* The bar in red indicates where Walmart's Gross Profit falls into.
Walmart Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Walmart's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $157,983 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Walmart (NYSE:WMT) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Walmart had a gross margin of 23.97% for the quarter that ended in Jan. 2024 => Competition eroding margins
Walmart Gross Profit Related Terms
Thank you for viewing the detailed overview of Walmart's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,700 stores in the United States (5,300 including Sam's Club) and over 10,000 stores globally. Walmart generated over $420 billion in domestic namesake sales last year, with Sam's Club contributing another $84 billion to the firm's top line. Internationally, Walmart generated $100 billion in sales. The company serves around 240 million customers globally each week.
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