Walmart Inc. (WMT)

• Annual Data
• Quarterly Data

• Annual Data
• Quarterly Data

Walmart Inc., decomposition of ROE

	ROE	=	ROA	×	Financial Leverage
Jan 31, 2019		=		×
Jan 31, 2018		=		×
Jan 31, 2017		=		×
Jan 31, 2016		=		×
Jan 31, 2015		=		×
Jan 31, 2014		=		×

Based on: 10-K (filing date: 2019-03-28), 10-K (filing date: 2018-03-30), 10-K (filing date: 2017-03-31), 10-K (filing date: 2016-03-30), 10-K (filing date: 2015-04-01), 10-K (filing date: 2014-03-21).

The primary reason for the decrease in return on equity ratio (ROE) over 2019 year is the decrease in profitability measured by return on assets ratio (ROA).

• Annual Data
• Quarterly Data

Walmart Inc., decomposition of ROE

	ROE	=	Net Profit Margin	×	Asset Turnover	×	Financial Leverage
Jan 31, 2019		=		×		×
Jan 31, 2018		=		×		×
Jan 31, 2017		=		×		×
Jan 31, 2016		=		×		×
Jan 31, 2015		=		×		×
Jan 31, 2014		=		×		×

Based on: 10-K (filing date: 2019-03-28), 10-K (filing date: 2018-03-30), 10-K (filing date: 2017-03-31), 10-K (filing date: 2016-03-30), 10-K (filing date: 2015-04-01), 10-K (filing date: 2014-03-21).

The primary reason for the decrease in return on equity ratio (ROE) over 2019 year is the decrease in profitability measured by net profit margin ratio.

• Annual Data
• Quarterly Data

Walmart Inc., decomposition of ROE

	ROE	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover	×	Financial Leverage
Jan 31, 2019		=		×		×		×		×
Jan 31, 2018		=		×		×		×		×
Jan 31, 2017		=		×		×		×		×
Jan 31, 2016		=		×		×		×		×
Jan 31, 2015		=		×		×		×		×
Jan 31, 2014		=		×		×		×		×

Based on: 10-K (filing date: 2019-03-28), 10-K (filing date: 2018-03-30), 10-K (filing date: 2017-03-31), 10-K (filing date: 2016-03-30), 10-K (filing date: 2015-04-01), 10-K (filing date: 2014-03-21).

The primary reason for the decrease in return on equity ratio (ROE) over 2019 year is the decrease in operating profitability measured by EBIT margin ratio.

• Annual Data
• Quarterly Data

Walmart Inc., decomposition of ROA

	ROA	=	Net Profit Margin	×	Asset Turnover
Jan 31, 2019		=		×
Jan 31, 2018		=		×
Jan 31, 2017		=		×
Jan 31, 2016		=		×
Jan 31, 2015		=		×
Jan 31, 2014		=		×

Based on: 10-K (filing date: 2019-03-28), 10-K (filing date: 2018-03-30), 10-K (filing date: 2017-03-31), 10-K (filing date: 2016-03-30), 10-K (filing date: 2015-04-01), 10-K (filing date: 2014-03-21).

The primary reason for the decrease in return on assets ratio (ROA) over 2019 year is the decrease in profitability measured by net profit margin ratio.

• Annual Data
• Quarterly Data

Walmart Inc., decomposition of ROA

	ROA	=	Tax Burden	×	Interest Burden	×	EBIT Margin	×	Asset Turnover
Jan 31, 2019		=		×		×		×
Jan 31, 2018		=		×		×		×
Jan 31, 2017		=		×		×		×
Jan 31, 2016		=		×		×		×
Jan 31, 2015		=		×		×		×
Jan 31, 2014		=		×		×		×

Based on: 10-K (filing date: 2019-03-28), 10-K (filing date: 2018-03-30), 10-K (filing date: 2017-03-31), 10-K (filing date: 2016-03-30), 10-K (filing date: 2015-04-01), 10-K (filing date: 2014-03-21).

The primary reason for the decrease in return on assets ratio (ROA) over 2019 year is the decrease in operating profitability measured by EBIT margin ratio.

• Annual Data
• Quarterly Data

Walmart Inc., decomposition of net profit margin ratio

	Net Profit Margin	=	Tax Burden	×	Interest Burden	×	EBIT Margin
Jan 31, 2019		=		×		×
Jan 31, 2018		=		×		×
Jan 31, 2017		=		×		×
Jan 31, 2016		=		×		×
Jan 31, 2015		=		×		×
Jan 31, 2014		=		×		×

Based on: 10-K (filing date: 2019-03-28), 10-K (filing date: 2018-03-30), 10-K (filing date: 2017-03-31), 10-K (filing date: 2016-03-30), 10-K (filing date: 2015-04-01), 10-K (filing date: 2014-03-21).

The primary reason for the decrease in net profit margin ratio over 2019 year is the decrease in operating profitability measured by EBIT margin ratio.