Stock Analysis on Net
Stock Analysis on Net

Walmart Inc. (NASDAQ:WMT)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Paying user area

Try for free

Walmart Inc. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Walmart Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Apr 30, 2026 Jan 31, 2026 Oct 31, 2025 Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Short-term borrowings
Accounts payable
Dividends payable
Accrued liabilities
Accrued income taxes
Long-term debt due within one year
Operating lease obligations due within one year
Finance lease obligations due within one year
Current liabilities
Long-term debt, excluding due within one year
Long-term operating lease obligations, excluding due within one year
Long-term finance lease obligations, excluding due within one year
Deferred income taxes and other
Long-term liabilities
Total liabilities
Redeemable noncontrolling interest
Common stock
Capital in excess of par value
Retained earnings
Accumulated other comprehensive loss
Total Walmart shareholders’ equity
Nonredeemable noncontrolling interest
Total shareholders’ equity
Total liabilities, redeemable noncontrolling interest, and shareholders’ equity

Based on: 10-Q (reporting date: 2026-04-30), 10-K (reporting date: 2026-01-31), 10-Q (reporting date: 2025-10-31), 10-Q (reporting date: 2025-07-31), 10-Q (reporting date: 2025-04-30), 10-K (reporting date: 2025-01-31), 10-Q (reporting date: 2024-10-31), 10-Q (reporting date: 2024-07-31), 10-Q (reporting date: 2024-04-30), 10-K (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-Q (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30).

The total balance sheet size exhibits a sustained growth trajectory, expanding from 232,892 million USD in April 2020 to 289,607 million USD by April 2026. This expansion is driven by a simultaneous increase in both total liabilities and total shareholders' equity, indicating a broadening of the capital base and an increase in operational scale.

Current Liabilities and Short-Term Obligations
Current liabilities demonstrate a clear upward trend, rising from 82,647 million USD to 114,583 million USD over the analyzed period. The primary driver of this increase is accounts payable, which grew from 44,096 million USD to 62,876 million USD, suggesting a heavier reliance on trade credit to finance operational requirements. Short-term borrowings exhibit significant volatility, with notable spikes occurring in April 2022 (11,432 million USD) and October 2023 (9,942 million USD), interspersed with periods of minimal borrowing, which indicates an opportunistic approach to liquidity management.
Long-Term Debt and Lease Obligations
Long-term debt, excluding the portion due within one year, shows a general downward trend from a peak of 43,006 million USD in April 2020 to 36,887 million USD by April 2026. This suggests a strategic reduction in long-term leveraged borrowing. Conversely, finance lease obligations have seen a gradual increase, with long-term obligations rising from 4,474 million USD to 5,822 million USD, reflecting a shift toward lease-based asset acquisition. Long-term operating lease obligations have remained relatively stable, fluctuating between 12,600 million USD and 15,900 million USD.
Shareholders' Equity and Retained Earnings
Total shareholders' equity increased from 74,110 million USD to 100,682 million USD, representing a strengthening of the company's net worth. This growth is primarily supported by retained earnings, which rose from 81,141 million USD to 100,241 million USD, despite periodic fluctuations. Accumulated other comprehensive loss remains a significant negative offset, varying between -7,946 million USD and -16,168 million USD, which impacts the overall equity position but does not negate the long-term growth trend.

The overall financial profile indicates a shift toward higher short-term operational liabilities and a gradual deleveraging of long-term debt. The growth in shareholders' equity, particularly through the accumulation of retained earnings, suggests a stable internal funding mechanism and an improving solvency position over the six-year period.