Price to Operating Profit (P/OP)
since 2005
Calculation
Walmart Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 15, 2024 | 18.10 | = | 60.68 | ÷ | 3.35 | 3.35 | = | 27,012 | ÷ | 8,058,048,674 | |
| Mar 17, 2023 | 18.40 | = | 46.47 | ÷ | 2.53 | 2.53 | = | 20,428 | ÷ | 8,086,967,799 | |
| Mar 18, 2022 | 15.43 | = | 48.48 | ÷ | 3.14 | 3.14 | = | 25,942 | ÷ | 8,255,338,887 | |
| Mar 19, 2021 | 16.46 | = | 43.91 | ÷ | 2.67 | 2.67 | = | 22,548 | ÷ | 8,451,215,085 | |
| Mar 20, 2020 | 15.69 | = | 37.99 | ÷ | 2.42 | 2.42 | = | 20,568 | ÷ | 8,496,831,660 | |
| Mar 28, 2019 | 12.70 | = | 32.38 | ÷ | 2.55 | 2.55 | = | 21,957 | ÷ | 8,609,052,690 | |
| Mar 30, 2018 | 12.85 | = | 29.66 | ÷ | 2.31 | 2.31 | = | 20,437 | ÷ | 8,852,090,454 | |
| Mar 31, 2017 | 9.61 | = | 24.03 | ÷ | 2.50 | 2.50 | = | 22,764 | ÷ | 9,099,027,237 | |
| Mar 30, 2016 | 8.97 | = | 22.93 | ÷ | 2.56 | 2.56 | = | 24,105 | ÷ | 9,433,005,312 | |
| Apr 1, 2015 | 9.59 | = | 26.90 | ÷ | 2.80 | 2.80 | = | 27,147 | ÷ | 9,678,187,956 | |
| Mar 21, 2014 | 9.15 | = | 25.37 | ÷ | 2.77 | 2.77 | = | 26,872 | ÷ | 9,687,526,203 | |
| Mar 26, 2013 | 8.85 | = | 24.92 | ÷ | 2.81 | 2.81 | = | 27,801 | ÷ | 9,877,330,098 | |
| Mar 27, 2012 | 7.83 | = | 20.36 | ÷ | 2.60 | 2.60 | = | 26,558 | ÷ | 10,213,615,404 | |
| Mar 30, 2011 | 7.16 | = | 17.45 | ÷ | 2.44 | 2.44 | = | 25,542 | ÷ | 10,473,595,560 | |
| Mar 30, 2010 | 8.78 | = | 18.64 | ÷ | 2.12 | 2.12 | = | 23,950 | ÷ | 11,277,022,542 | |
| Apr 1, 2009 | 9.07 | = | 17.61 | ÷ | 1.94 | 1.94 | = | 22,798 | ÷ | 11,745,356,613 | |
| Mar 31, 2008 | 9.47 | = | 17.56 | ÷ | 1.85 | 1.85 | = | 21,996 | ÷ | 11,863,374,171 | |
| Mar 27, 2007 | 9.56 | = | 15.83 | ÷ | 1.66 | 1.66 | = | 20,497 | ÷ | 12,373,354,023 | |
| Mar 29, 2006 | 10.81 | = | 16.02 | ÷ | 1.48 | 1.48 | = | 18,530 | ÷ | 12,501,700,575 | |
| Mar 31, 2005 | 12.41 | = | 16.70 | ÷ | 1.35 | 1.35 | = | 17,091 | ÷ | 12,699,006,285 |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Walmart Inc. Annual Report.
Comparison to Competitors
Walmart Inc., P/OP, long-term trends, comparison to competitors
| Walmart Inc. | Costco Wholesale Corp. | Dollar General Corp. | Target Corp. | |
|---|---|---|---|---|
| Mar 15, 2024 | 18.10 | — | 13.54 | 13.48 |
| Mar 17, 2023 | 18.40 | 30.86 | 13.55 | 19.56 |
| Mar 18, 2022 | 15.43 | 27.28 | 16.32 | 11.17 |
| Mar 19, 2021 | 16.46 | 29.60 | 12.64 | 13.62 |
| Mar 20, 2020 | 15.69 | 29.47 | 15.65 | 11.35 |
| Mar 28, 2019 | 12.70 | 27.62 | 14.41 | 9.69 |
| Mar 30, 2018 | 12.85 | 21.34 | 12.05 | 8.83 |
| Mar 31, 2017 | 9.61 | 16.75 | 9.26 | 6.12 |
| Mar 30, 2016 | 8.97 | 17.91 | 12.39 | 8.88 |
| Apr 1, 2015 | 9.59 | 18.09 | 13.00 | 11.20 |
| Mar 21, 2014 | 9.15 | 16.90 | 10.40 | 8.89 |
| Mar 26, 2013 | 8.85 | 16.80 | 10.09 | 8.18 |
| Mar 27, 2012 | 7.83 | 14.86 | 10.46 | 7.38 |
| Mar 30, 2011 | 7.16 | 14.53 | 8.27 | 6.80 |
| Mar 30, 2010 | 8.78 | 13.16 | 9.03 | 8.40 |
| Apr 1, 2009 | 9.07 | 14.35 | — | 5.12 |
| Mar 31, 2008 | 9.47 | 12.67 | — | 7.80 |
| Mar 27, 2007 | 9.56 | 17.49 | — | 10.09 |
| Mar 29, 2006 | 10.81 | 15.05 | — | 10.40 |
| Mar 31, 2005 | 12.41 | 16.03 | — | 12.23 |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).