Walmart Inc.
$884.14B- Market cap
- $850.10B
- Debt
- +$44.76B
- Cash
- −$10.73B
Capital structure 95% equity / 5% debt · EV / Revenue 1.24x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $850.10B · View financials
Snapshot Sep 11, 2026, 4:00 PM ET
FY 2025 · Mkt cap
Decision snapshot: WMT stock price at premium vs NDAQ $107.15 current versus $80.57 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at NDAQ's multiple
Implied fair value · at WMT's multiple
Snapshot Sep 11, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Multiple discount
Higher P/E
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Nine period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Capital structure 95% equity / 5% debt · EV / Revenue 1.24x
Capital structure 85% equity / 15% debt · EV / Revenue 7.19x · EV proxy / EBITDA proxy 23.98x
WMT carries the larger enterprise value at $884.14B against $59.37B; WMT trades on the lower EV / Revenue multiple (1.24x vs 7.19x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
WALMART INC. · implied price per share
Bear
$26.01
Base
$31.42
Bull
$38.87
Nasdaq, Inc. · implied price per share
Bear
$30.39
Base
$39.16
Bull
$50.99
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe WMT can sustain a premium multiple despite slower growth and thinner margins, then hold or accumulate selectively because the current price is above the $74.80 implied value but supported by strong scale and ROIC; otherwise, reduce exposure because the P/E premium versus NDAQ is difficult to justify on the provided data.
WMT trades at 40.8x P/E versus NDAQ at 27.4x, yet the model-implied price is $74.80, or 33.1% below the current $111.84. That implies the market is pricing WMT at a materially richer earnings multiple than NDAQ comparison supports.
Supporting Metrics