Walmart is the world’s largest retailer, with a significant presence in the United States and other countries. The company operates a wide range of retail formats, including discount stores, supercenters, and neighborhood markets, offering customers a variety of products at competitive prices. As a publicly-traded company, Walmart’s financials are available for public viewing, including its daily revenue. So, you may be wondering, based on this, how much does Walmart make in a day?
The answer is: $1.76 billion per day.
Walmart’s Annual Revenue
According to Walmart’s 2024 annual 10-k report, the company’s total net sales for the fiscal year 2024 was $642.64 billion. This translates to an average daily revenue of approximately $1.76 billion. It’s worth noting that this figure represents the total revenue earned by Walmart, including all its business segments, such as Sam’s Club, Walmart International and Walmart US. The average daily gross sales is calculated by dividing the total revenue by the number of days in the fiscal year, which is 365.
However, it’s important to note that Walmart’s revenue is not constant throughout the year. The company experiences seasonal fluctuations in its sales, with the highest sales typically occurring during holiday season/ 4th fiscal quarter ending in January 31st. Therefore, the company’s revenue on any given day can vary significantly depending on a range of factors such as seasonality, promotional activity, lawsuits/legal action and consumer demand.
It’s also important to distinguish between Walmart’s revenue and its profit. While Walmart earns an impressive daily revenue, the company also incurs various expenses, such as the cost of goods sold, employee salaries, price inflation and overhead costs. These expenses are subtracted from Walmart’s revenue to arrive at its net income or profit. According to Walmart’s 2024 form 10-K, Walmart’s gross profit was $23.7 billion. Walmart’s 2024 form 10-K is here.
So, How Much Does Walmart Make In A Day?
While determing exactly how much Walmark makes on a given day would require access to its internal accounting, its publicly stated total revenue and net income figures provide a rough estimate of its daily earnings. Based on its 2024 annual report and SEC form 10-K, Walmart earned an average daily revenue of $1.75 billion. This is more than annual gross domestic product of many small island nations such as Grenada or the Comoros (here). However, it’s important to remember that this figure can vary significantly due to seasonal fluctuations and other factors, and should be viewed as an approximate estimate.
Read More:
What Is The Walmart Holiday Schedule?
Can You Get Cash Back At Walmart?
Come back to what you love! Dollardig.com is the most reliable cash back site on the web. Just sign up, click, shop and get full cash back!
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.
Comments