Walmart Net Worth 2023; Revenue, Net Income, Share Price & Market Cap
Walmart’s net worth is $389 billion right Now (2023). This makes Walmart one of the largest retailers in the world and one of the wealthiest corporations in terms of net worth.
| Net Worth: | $389 billion USD |
| Company Name: | Walmart |
| Company Overall Salary: | $600 Billion |
| Start date: | July 2, 1962 |
| Profession: | Retail Company |
| Company Age: | 60 Yrs |
| Annual Revenue: | 611.3 billion USD (2023) |
Walmart Stock & Revenue Details:
The total annual revenue of American multinational retail corporation Walmart was $611.289 billion USD in 2023. This year the gross profit of this retail corporation was $147.568 billion dollars which were 2.65% more than the previous year.
This amount of annual revenue was 6.73% more than the previous year. The annual revenue of Walmart was $572.754 billion dollars in 2022. That was also around 2.43% more than what was in 2021.
At that time the gross profit was a 3.54% increased and that was $143.754 billion dollars. According to the information, the yearly revenue of Walmart was $599.151 billion dollars in 2021 and the gross profit was $138.836 billion dollars.
In 2023 Walmart has achieved the largest amount of revenue than ever before.
- Walmart annual revenue for 2023 is $611.289 Billion
- Walmart revenue for the quarter ending October 31, 2022 was $152.813 Billion
- Walmart revenue for the twelve months ending October 31, 2022 was $600.112 Billion
- Walmart annual revenue for 2022 was $572.754 Billion
- Walmart annual revenue for 2021 was $559.151 Billion
- Walmart annual revenue for 2020 was $523.964 Billion
Walmart Net Worth 2023:
Walmart is a retail corporation that contains $369.38 billion dollars net worth by March 2023. The total net worth of Walmart includes all the price values of different companies which are owned by it. Walmart is the biggest retail corporation and contains the largest amount of net worth.
The net worth of Walmart in 2022 was $429.337 billion US dollars. Before that year in 2021, the total net worth of this retail corporation was around $420 billion dollars. Normally, the total net worth of a huge financial organization like Walmart depends on it’s share price so, the total net worth increases and sometimes decrease.
Walmart Net Income:
By the end of January 2023, the annual net income of Walmart was $11.68 billion dollars. In 2022 Walmart was able to make $13.673 billion dollars net income. Before that, the annual net income of this retail corporation was $13.51 billion dollars.
According to the net income progress of Walmart in the last three years, the annual net income of this corporation was a 14.58% decline from 2023 to 2022. Walmart achieved a 1.21% progress in annual net income in 2022. Although in 2021 the net income declined by 9.21% more than in 2020.
- Walmart annual net income for 2023 is $11.68 Billion
- Walmart net income for the quarter ending October 31, 2022 was $-1.798 Billion
- Walmart net income for the twelve months ending October 31, 2022 was $8.967 Billion
- Walmart annual net income for 2022 was $13.673 Billion
- Walmart annual net income for 2021 was $13.51 Billion
- Walmart annual net income for 2020 was $14.881 Billion
Walmart Share Price and Market Cap:
Though Walmart is the biggest revenue achiever retail corporation but in last three years the share price of this corporation is down falling. The share price of Walmart in 2023 was 2.53% less than the previous year which was $2.734 billion dollars.
End of year Market Cap:
| Year | Market cap | Change |
|---|---|---|
| 2023 | $371.07 B | -2.96% |
| 2022 | $382.37 B | -4.73% |
| 2021 | $401.35 B | -1.59% |
| 2020 | $407.84 B | 20.96% |
| 2019 | $337.16 B | 24.59% |
But, in 2022 the share price of this corporation was $2.805 billion dollars which was 1.48% less than the share price it had in 2021. The share price of Walmart was $2.847 billion dollars and it was also 0.73% less than the previous year.
The ESP earning of Walmart is $4.27 dollars per share. The market Capitalization of Walmart according to it’s present stock price is $369.38 billion USD.
Walmart Total Liabilities
- Walmart total liabilities for the quarter ending October 31, 2022 were $167.533 Billion
- Walmart total liabilities for 2022 were $152.969 Billion
- Walmart total liabilities for 2021 were $164.965 Billion
- Walmart total liabilities for 2020 were $154.943 Billion
Walmart Evolution:
Sam Walton and Bud Walton have found Walmart in 1962 in Rogers, Arkansas when they started a new policy to spread the business. They started to provide discounts to the buyer to improve the sale. After one year of applying this policy in the business, the company was able to expand 18 different stores across America with $9 million in annual revenue.
The business has become extremely successful which made Walmart the biggest revenue-earning business organization at the present time. Now there are 10,586 stores of Walmart all over the world cause Walmart is doing business in 24 different countries. Walmart is manufacturing different types of products for people under 46 different companies and all of these companies are being operated by Walmart.
Walmart Total Assets
- Walmart total assets for the quarter ending October 31, 2022 were $247.656 Billion
- Walmart total assets for 2022 were $244.86 Billion
- Walmart total assets for 2021 were $252.496 Billion
- Walmart total assets for 2020 were $236.495 Billion
Walmart Awards & Achievement:
During these years after its founding Walmart has achieved several awards including Best Place to Work in Atlanta Award in 2020. This retail corporation has won the award of Best Company Work-Life Balance. In 2023 Walmart won the Stevie® Award. This retail corporation has also won an Ottawa Business Journal award.
About Walmart Company:
Walmart is a multinational retail corporation based in the United States. It was founded in 1962 by Sam Walton and has since grown to become one of the largest retailers in the world, with operations in over 25 countries.
| Name | Walmart |
| Owner: | Walton family |
| Net Worth 2023 | $389 Billion |
| Net Worth in Indian Rupees | 32 Lakh Crore |
| Net income: | $9 Billion |
| Revenue | $611 Billion (2023) |
| Total Assets | $247.65 Billion |
| PE Ratio 2023 | 23.54 |
| Founder: | Sam Walton |
| CEO | Doug McMillon (1 Feb 2014–) |
| Headquarters: | Bentonville, Arkansas, United States |
| Founded: | 2 July 1962, Rogers, Arkansas, United States |
| Number of employees | 2,300,000 (Jan. 2023) |
| Subsidiaries: | Sam’s Club, Walmart Canada, Bodega Aurrerá, MORE |
| Website | walmart.com |
Walmart operates a chain of hypermarkets, discount department stores, and grocery stores under various brand names, including Walmart, Sam’s Club, and Asda. The company is known for its “Everyday Low Prices” strategy, which emphasizes keeping prices low for customers by keeping costs low through efficient supply chain management and economies of scale.
In addition to its retail operations, Walmart also operates e-commerce websites and offers a range of financial services and products, including credit cards, money transfers, and insurance.
Walmart’s History and Investors
Walton was a retail veteran who had worked for the retailer J.C. Penney before starting his own business. He believed that by offering customers low prices and excellent customer service, he could build a successful retail empire.
In its early years, Walmart was a small, regional retailer with just a handful of stores in Arkansas. However, the company quickly grew, and by the 1980s it had become a national retail powerhouse.
Today, Walmart is one of the largest retailers in the world, with more than 11,000 stores in 27 countries. The company employs more than 2.3 million people globally and generates more than $500 billion in annual revenue.
Walmart is a publicly traded company, which means that it has many different investors who own shares of the company. Some of the largest institutional investors in Walmart include BlackRock, Vanguard, State Street, and Fidelity Investments.
