Walmart Financial Performance from Time to Time

 

Walmart Financial Performance from Time to Time– Walmart is known as one of the biggest retail stores and E-commerce in the United States of America and The World. Many people recognize its famous slogan, namely everyday low price (EDP).  Historically, this company was founded in 1945 by Sam Walton, the former employee of J.C Penney. Along with the business development of the company, after more than 60 years, walmart has grown into 10,500 stores across the globe and E-commerce website in 19 countries with approximately 8,000 pickup and 7,800 delivery locations. Furthermore, Walmart Inc can serve approximately 255 million customers. Operationally, this company still has its main office in Bentonville, Arkansas, U.S.

Financially, the performance of Walmart is always interesting because they always grow their business from time to time. Now, we will analyze the financial performance of Walmart from time to time. This data of Walmart’s financial performance was obtained from the Annual Report of Walmart from 1999 to 2023.

The Assets, Liabilities, and Equities of Walmart from Time to Time

Years	Assets	Liabilities	Equities
	in billion	in billion	in billion
	US Dollar	US Dollar	US Dollar
1999	70.3	44.5	25.8
2000	78.09	46.8	31.3
2001	83.4	48.3	35.1
2002	94	54.6	39.4
2003	104	60.4	43.6
2004	120.1	70.8	49.3
2005	138.1	85	53.1
2006	151.5	90	61.5
2007	163.5	98.9	64.5
2008	163.4	96.4	67
2009	170.7	97.79	72.9
2010	180.7	109.49	71.2
2011	193.4	117.7	75.7
2012	203.1	121.39	81.7
2013	204.7	123.39	81.3
2014	203.7	117.79	85.9
2015	199.5	115.9	83.6
2016	198.8	118.3	80.5
2017	204.5	123.7	80.8
2018	219.2	139.6	79.5
2019	236.4	154.9	81.5
2020	252.4	164.9	87.5
2021	244.8	153	91.8
2022	243.1	159.3	83.7
2023	252.3	162	90.3
Source: WalMart Annual Report, 2000-2023

---

Based on the Annual Report on 1999 to 2023, the financial position of Walmart is in positive performance.  The Assets always grow from time to time. In 1999, the asset of Walmart is just 70.3 and in 2023, it becomes 252 billion US Dollars. It has increased more than 3 times.  The Liabilities, by the way, also performed the same way. The liabilities of this company in 1999 were just 44 billion US Dollars and in 2023, it increased to 162 billion US Dollars.  

---

The Revenue and Net Income of Walmart from Time to Time

Years	Revenue	Net Income
	in Billion	in Billion
	US Dollar	US Dollar
1999	165	5.3
2000	191	6.2
2001	205	6.6
2002	231	7.9
2003	258	9
2004	288	10.19
2005	315	11.2
2006	344.9	11.2
2007	374.5	12.7
2008	404.3	13.8
2009	408.2	14.4
2010	421.8	16.89
2011	446.9	16.3
2012	468.6	17.7
2013	476.2	16.69
2014	485.6	17
2015	482.1	15
2016	485.8	14.2
2017	500.3	10.5
2018	514.4	7.1
2019	523.9	15.2
2020	559.1	13.7
2021	572.7	13.6
2022	611.2	11.6
2023	648.1	16.2
Source: WalMart Annual Report, 2000-2023

---

Based on the Performance from 1999 to 2023, Walmart showed positive performance in their business. It was shown by their consistent net income from time to time. In 1999, the revenue of Walmart is 165 billion US Dollars and in 2023, it becomes 648 billion US Dollars. Furthermore, the net income of Walmart from time to time always showed positives performance. In 2000, the net income of Walmart is just 5.3 billion US Dollars and in 2023, it becomes 16.2 billion US Dollars.

in Walmart, based on the financial ratios, some parameters can be calculated. Debt- to-equity ratio (D/E), debt-to-asset ratio (D/A), and Net Profit Margin (NPM). Debt to Equity ratio (DER) and bebt-to-asset ratio (DAR) can describe the financial structure of the company. Meanwhile, net profit margin (NPM) can measure the efficiency of the company in doing its business.

In Walmart, the average debt to equity ratio (DER) is about 1.5. Basically, it means that the comparison between liabilities and equity is about 1.5: 1 or it means every one US Dollar of equity contains 1.5 US dollars of liability. Meanwhile, based on the debt to asset ratio, the average value is about 0.6. Based on this value, it means that the comparison between debt and assets is about 0.6: 1 or it can be implied that every one US Dollar of asset is equivalent to 0.6 US dollars of liability.

Based on the Net Profit Margin (NPM), the value of Walmart’s NPM from 2000 to 2023 is about 0.031. This value means that the percentage of net income is about 3.1% of the revenue. Basically, it can be implied that every one dollar of revenue can become a net income of about 0.031 US dollars.

---

Bibliography of Walmart Financial Performance from Time to Time

Wikipedia. 2022.Walmart. Accessed via https://en.wikipedia.org/wiki/Walmart  on March 24th, 2024.

Walmart. 2024. Annual Report. Accessed via https://stock.walmart.com/investors/financial-information/annual-reports-and-proxies/default.aspx on March 25th, 2024.