Analysis of Reportable Segments
Walmart Inc. operates in 3 segments: Walmart U.S.; Walmart International; and Sam’s Club U.S..
Segment Profit Margin
Walmart Inc., profit margin by reportable segment
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 5.16% | 5.01% | 4.90% | 5.49% | 5.17% | 5.10% |
| Walmart International | 4.51% | 4.28% | 2.94% | 3.72% | 3.02% | 2.81% |
| Sam’s Club U.S. | 2.66% | 2.54% | 2.33% | 3.07% | 2.98% | 2.79% |
Based on: 10-K (reporting date: 2025-01-31), 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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Walmart U.S. | Walmart U.S. segment profit margin ratio improved from 2023 to 2024 and from 2024 to 2025. |
| Walmart International | Walmart International segment profit margin ratio improved from 2023 to 2024 and from 2024 to 2025. | |
| Sam’s Club U.S. | Sam’s Club U.S. segment profit margin ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Profit Margin: Walmart U.S.
Walmart Inc.; Walmart U.S.; segment profit margin calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 23,882) | 22,154) | 20,620) | 21,587) | 19,116) | 17,380) |
| Net sales | 462,415) | 441,817) | 420,553) | 393,247) | 369,963) | 341,004) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 5.16% | 5.01% | 4.90% | 5.49% | 5.17% | 5.10% |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net sales
= 100 × 23,882 ÷ 462,415 = 5.16%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Walmart U.S. | Walmart U.S. segment profit margin ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Profit Margin: Walmart International
Walmart Inc.; Walmart International; segment profit margin calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 5,501) | 4,909) | 2,965) | 3,758) | 3,660) | 3,370) |
| Net sales | 121,885) | 114,641) | 100,983) | 100,959) | 121,360) | 120,130) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 4.51% | 4.28% | 2.94% | 3.72% | 3.02% | 2.81% |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net sales
= 100 × 5,501 ÷ 121,885 = 4.51%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Walmart International | Walmart International segment profit margin ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Profit Margin: Sam’s Club U.S.
Walmart Inc.; Sam’s Club U.S.; segment profit margin calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 2,404) | 2,192) | 1,964) | 2,259) | 1,906) | 1,642) |
| Net sales | 90,238) | 86,179) | 84,345) | 73,556) | 63,910) | 58,792) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 2.66% | 2.54% | 2.33% | 3.07% | 2.98% | 2.79% |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net sales
= 100 × 2,404 ÷ 90,238 = 2.66%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Sam’s Club U.S. | Sam’s Club U.S. segment profit margin ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Return on Assets (Segment ROA)
Walmart Inc., ROA by reportable segment
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 15.92% | 16.08% | 15.78% | 17.26% | 16.84% | 15.75% |
| Walmart International | 6.87% | 5.70% | 3.42% | 4.11% | 3.34% | 3.18% |
| Sam’s Club U.S. | 14.26% | 13.98% | 12.68% | 15.39% | 14.21% | 12.17% |
Based on: 10-K (reporting date: 2025-01-31), 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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Walmart U.S. | Walmart U.S. segment ROA improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
| Walmart International | Walmart International segment ROA improved from 2023 to 2024 and from 2024 to 2025. | |
| Sam’s Club U.S. | Sam’s Club U.S. segment ROA improved from 2023 to 2024 and from 2024 to 2025. |
Segment ROA: Walmart U.S.
Walmart Inc.; Walmart U.S.; segment ROA calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 23,882) | 22,154) | 20,620) | 21,587) | 19,116) | 17,380) |
| Total assets | 150,006) | 137,782) | 130,659) | 125,044) | 113,490) | 110,353) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 15.92% | 16.08% | 15.78% | 17.26% | 16.84% | 15.75% |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × 23,882 ÷ 150,006 = 15.92%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Walmart U.S. | Walmart U.S. segment ROA improved from 2023 to 2024 but then slightly deteriorated from 2024 to 2025 not reaching 2023 level. |
Segment ROA: Walmart International
Walmart Inc.; Walmart International; segment ROA calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 5,501) | 4,909) | 2,965) | 3,758) | 3,660) | 3,370) |
| Total assets | 80,016) | 86,136) | 86,766) | 91,403) | 109,445) | 105,811) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 6.87% | 5.70% | 3.42% | 4.11% | 3.34% | 3.18% |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × 5,501 ÷ 80,016 = 6.87%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Walmart International | Walmart International segment ROA improved from 2023 to 2024 and from 2024 to 2025. |
Segment ROA: Sam’s Club U.S.
Walmart Inc.; Sam’s Club U.S.; segment ROA calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income (loss) | 2,404) | 2,192) | 1,964) | 2,259) | 1,906) | 1,642) |
| Total assets | 16,862) | 15,682) | 15,490) | 14,678) | 13,415) | 13,494) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 14.26% | 13.98% | 12.68% | 15.39% | 14.21% | 12.17% |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × 2,404 ÷ 16,862 = 14.26%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Sam’s Club U.S. | Sam’s Club U.S. segment ROA improved from 2023 to 2024 and from 2024 to 2025. |
Segment Asset Turnover
Walmart Inc., asset turnover by reportable segment
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 3.08 | 3.21 | 3.22 | 3.14 | 3.26 | 3.09 |
| Walmart International | 1.52 | 1.33 | 1.16 | 1.10 | 1.11 | 1.14 |
| Sam’s Club U.S. | 5.35 | 5.50 | 5.45 | 5.01 | 4.76 | 4.36 |
Based on: 10-K (reporting date: 2025-01-31), 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).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Walmart U.S. | Walmart U.S. segment asset turnover ratio deteriorated from 2023 to 2024 and from 2024 to 2025. |
| Walmart International | Walmart International segment asset turnover ratio improved from 2023 to 2024 and from 2024 to 2025. | |
| Sam’s Club U.S. | Sam’s Club U.S. segment asset turnover ratio improved from 2023 to 2024 but then deteriorated significantly from 2024 to 2025. |
Segment Asset Turnover: Walmart U.S.
Walmart Inc.; Walmart U.S.; segment asset turnover calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 462,415) | 441,817) | 420,553) | 393,247) | 369,963) | 341,004) |
| Total assets | 150,006) | 137,782) | 130,659) | 125,044) | 113,490) | 110,353) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 3.08 | 3.21 | 3.22 | 3.14 | 3.26 | 3.09 |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 462,415 ÷ 150,006 = 3.08
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Walmart U.S. | Walmart U.S. segment asset turnover ratio deteriorated from 2023 to 2024 and from 2024 to 2025. |
Segment Asset Turnover: Walmart International
Walmart Inc.; Walmart International; segment asset turnover calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 121,885) | 114,641) | 100,983) | 100,959) | 121,360) | 120,130) |
| Total assets | 80,016) | 86,136) | 86,766) | 91,403) | 109,445) | 105,811) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 1.52 | 1.33 | 1.16 | 1.10 | 1.11 | 1.14 |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 121,885 ÷ 80,016 = 1.52
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Walmart International | Walmart International segment asset turnover ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Asset Turnover: Sam’s Club U.S.
Walmart Inc.; Sam’s Club U.S.; segment asset turnover calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net sales | 90,238) | 86,179) | 84,345) | 73,556) | 63,910) | 58,792) |
| Total assets | 16,862) | 15,682) | 15,490) | 14,678) | 13,415) | 13,494) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 5.35 | 5.50 | 5.45 | 5.01 | 4.76 | 4.36 |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 90,238 ÷ 16,862 = 5.35
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Sam’s Club U.S. | Sam’s Club U.S. segment asset turnover ratio improved from 2023 to 2024 but then deteriorated significantly from 2024 to 2025. |
Segment Capital Expenditures to Depreciation
Walmart Inc., capital expenditures to depreciation by reportable segment
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 1.93 | 1.81 | 1.62 | 1.25 | 0.93 | 0.99 |
| Walmart International | 1.41 | 1.35 | 1.34 | 1.27 | 0.93 | 1.04 |
| Sam’s Club U.S. | 1.72 | 1.62 | 1.19 | 1.03 | 0.81 | 0.87 |
Based on: 10-K (reporting date: 2025-01-31), 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).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Walmart U.S. | Walmart U.S. segment capital expenditures to depreciation ratio improved from 2023 to 2024 and from 2024 to 2025. |
| Walmart International | Walmart International segment capital expenditures to depreciation ratio improved from 2023 to 2024 and from 2024 to 2025. | |
| Sam’s Club U.S. | Sam’s Club U.S. segment capital expenditures to depreciation ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Capital Expenditures to Depreciation: Walmart U.S.
Walmart Inc.; Walmart U.S.; segment capital expenditures to depreciation calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 16,466) | 13,877) | 11,425) | 8,475) | 6,131) | 6,315) |
| Depreciation and amortization | 8,549) | 7,671) | 7,054) | 6,773) | 6,561) | 6,408) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.93 | 1.81 | 1.62 | 1.25 | 0.93 | 0.99 |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 16,466 ÷ 8,549 = 1.93
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Walmart U.S. | Walmart U.S. segment capital expenditures to depreciation ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Capital Expenditures to Depreciation: Walmart International
Walmart Inc.; Walmart International; segment capital expenditures to depreciation calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 3,178) | 2,911) | 2,625) | 2,497) | 2,436) | 2,801) |
| Depreciation and amortization | 2,260) | 2,159) | 1,964) | 1,963) | 2,633) | 2,682) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.41 | 1.35 | 1.34 | 1.27 | 0.93 | 1.04 |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 3,178 ÷ 2,260 = 1.41
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Walmart International | Walmart International segment capital expenditures to depreciation ratio improved from 2023 to 2024 and from 2024 to 2025. |
Segment Capital Expenditures to Depreciation: Sam’s Club U.S.
Walmart Inc.; Sam’s Club U.S.; segment capital expenditures to depreciation calculation
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Capital expenditures | 1,212) | 1,041) | 727) | 622) | 488) | 525) |
| Depreciation and amortization | 706) | 642) | 609) | 601) | 599) | 605) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.72 | 1.62 | 1.19 | 1.03 | 0.81 | 0.87 |
Based on: 10-K (reporting date: 2025-01-31), 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).
1 2025 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation and amortization
= 1,212 ÷ 706 = 1.72
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Sam’s Club U.S. | Sam’s Club U.S. segment capital expenditures to depreciation ratio improved from 2023 to 2024 and from 2024 to 2025. |
Net sales
Walmart Inc., net sales by reportable segment
US$ in millions
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 462,415) | 441,817) | 420,553) | 393,247) | 369,963) | 341,004) |
| Walmart International | 121,885) | 114,641) | 100,983) | 100,959) | 121,360) | 120,130) |
| Sam’s Club U.S. | 90,238) | 86,179) | 84,345) | 73,556) | 63,910) | 58,792) |
| Consolidated | 674,538) | 642,637) | 605,881) | 567,762) | 555,233) | 519,926) |
Based on: 10-K (reporting date: 2025-01-31), 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).
Operating income (loss)
Walmart Inc., operating income (loss) by reportable segment
US$ in millions
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 23,882) | 22,154) | 20,620) | 21,587) | 19,116) | 17,380) |
| Walmart International | 5,501) | 4,909) | 2,965) | 3,758) | 3,660) | 3,370) |
| Sam’s Club U.S. | 2,404) | 2,192) | 1,964) | 2,259) | 1,906) | 1,642) |
| Corporate and support | (2,439) | (2,243) | (5,121) | (1,662) | (2,134) | (1,824) |
| Consolidated | 29,348) | 27,012) | 20,428) | 25,942) | 22,548) | 20,568) |
Based on: 10-K (reporting date: 2025-01-31), 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).
Total assets
Walmart Inc., total assets by reportable segment
US$ in millions
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 150,006) | 137,782) | 130,659) | 125,044) | 113,490) | 110,353) |
| Walmart International | 80,016) | 86,136) | 86,766) | 91,403) | 109,445) | 105,811) |
| Sam’s Club U.S. | 16,862) | 15,682) | 15,490) | 14,678) | 13,415) | 13,494) |
| Corporate and support | 13,939) | 12,799) | 10,282) | 13,735) | 16,146) | 6,837) |
| Consolidated | 260,823) | 252,399) | 243,197) | 244,860) | 252,496) | 236,495) |
Based on: 10-K (reporting date: 2025-01-31), 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).
Depreciation and amortization
Walmart Inc., depreciation and amortization by reportable segment
US$ in millions
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 8,549) | 7,671) | 7,054) | 6,773) | 6,561) | 6,408) |
| Walmart International | 2,260) | 2,159) | 1,964) | 1,963) | 2,633) | 2,682) |
| Sam’s Club U.S. | 706) | 642) | 609) | 601) | 599) | 605) |
| Corporate and support | 1,458) | 1,381) | 1,318) | 1,321) | 1,359) | 1,292) |
| Consolidated | 12,973) | 11,853) | 10,945) | 10,658) | 11,152) | 10,987) |
Based on: 10-K (reporting date: 2025-01-31), 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).
Capital expenditures
Walmart Inc., capital expenditures by reportable segment
US$ in millions
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | |
|---|---|---|---|---|---|---|
| Walmart U.S. | 16,466) | 13,877) | 11,425) | 8,475) | 6,131) | 6,315) |
| Walmart International | 3,178) | 2,911) | 2,625) | 2,497) | 2,436) | 2,801) |
| Sam’s Club U.S. | 1,212) | 1,041) | 727) | 622) | 488) | 525) |
| Corporate and support | 2,927) | 2,777) | 2,080) | 1,512) | 1,209) | 1,064) |
| Consolidated | 23,783) | 20,606) | 16,857) | 13,106) | 10,264) | 10,705) |
Based on: 10-K (reporting date: 2025-01-31), 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).