Walmart (PFTS:WMT) Shares Outstanding (Basic Average): 7,969.00 Mil (As of Apr. 2026)


What is Walmart Shares Outstanding (Basic Average)?

Walmart PFTS:WMT 85 Shares Outstanding (Basic Average) is 7,969.00 Mil as of Apr. 2026. GuruFocus rates PFTS:WMT with a GF Score™ of 85/100. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Walmart's average basic shares outstanding for the quarter that ended in Apr. 2026 was 7,969.00 Mil.

Walmart  (PFTS:WMT) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Walmart Shares Outstanding (Basic Average) Related Terms

Walmart Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Walmart's Shares Outstanding (Basic Average) 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.

Walmart Shares Outstanding (Basic Average) Chart

Walmart Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,376.00 8,171.00 8,077.00 8,041.00 7,983.00

Walmart Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 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 8,011.00 7,978.00 7,974.00 7,971.00 7,969.00

Walmart Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 7,969.00 Mil mean?
Walmart (PFTS:WMT) has a Shares Outstanding (Basic Average) of 7,969.00 Mil as of Apr. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Walmart and its competitors.
Is Walmart's Shares Outstanding (Basic Average) too high?
Walmart's current Shares Outstanding (Basic Average) is 7,969.00 Mil. Overall, Walmart has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Walmart's Shares Outstanding (Basic Average) compare to COST and TGT?
Walmart's Shares Outstanding (Basic Average) of 7,969.00 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Retail - Defensive company?
A good Shares Outstanding (Basic Average) depends on the Retail - Defensive industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Walmart and its competitors. Walmart's current Shares Outstanding (Basic Average) is 7,969.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walmart stock overvalued right now?
Walmart (PFTS:WMT) has a current Shares Outstanding (Basic Average) of 7,969.00 Mil. The current Shares Outstanding (Basic Average) is 7,969.00 Mil. Walmart's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Walmart (PFTS:WMT), the current Shares Outstanding (Basic Average) is 7,969.00 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Walmart Business Description

Address 1 Customer Drive, Bentonville, AR, USA, 72716
Since its founding in 1962, Walmart has become the world's largest retailer, operating over 10,700 stores globally (including 4,600 namesake locations on its home turf and another 600 Sam's Club outlets) and growing its e-commerce presence, attracting 270 million customers weekly. In aggregate, the firm posted more than $713 billion in fiscal 2026 sales. Its core operations span three reporting segments: Walmart US (68% of fiscal 2026 sales), Walmart International (19%), and Sam's Club (13%).Within the US, nearly 60% of its $486 billion in fiscal 2026 revenue came from its grocery offerings, with another quarter from general merchandise. Internationally, Walmart's operations are concentrated in Mexico, though it also has budding exposure to India.