Walmart (WMT) FY2022 results: revenue $572.8 billion, up 2.4% on the year
Walmart Inc. (WMT) reported revenue of $572.8 billion for fiscal 2022, the year ended 31 January 2022, up 2.4% on the year before. Net income was $13.7 billion, up 1.2%, and diluted earnings per share $1.62. The figures are the company's own, from the 10-K it filed with the SEC on 18 March 2022.
Revenue
$572.8 billion
+2.4% on the year
FY2015FY2022
Operating margin
4.5%
4.0% a year earlier
FY2015FY2022
Net income
$13.7 billion
+1.2% on the year
FY2015FY2022
Diluted EPS
$1.62
+2.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
24,181
36,074
25,255
-33.0%
Capital expenditure
13,106
10,264
10,705
+27.7%
Free cash flow
11,075
25,810
14,550
-57.1%
Free cash flow margin
1.9%
4.6%
2.8%
Cash from investing
-6,015
-10,071
-9,128
Cash from financing
-22,828
-16,117
-14,299
Depreciation and amortisation
10,658
11,152
10,987
-4.4%
Share-based compensation
1,163
1,169
854
-0.5%
Buybacks
9,787
2,625
5,717
+272.8%
Dividends paid
6,152
6,116
6,048
+0.6%
Dividend per share
$0.73
$0.72
$0.71
+1.8%
Diluted shares, weighted
8,415m
8,541m
8,604m
-1.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
83,253
80,925
74,669
+2.9%
Non-controlling interest
8,638
6,606
6,883
+30.8%
Redeemable equity
0.0
n/a
n/a
Debt
38,077
44,533
49,651
-14.5%
Operating lease liabilities
13,009
12,909
16,171
+0.8%
Finance lease liabilities
4,243
3,847
4,307
+10.3%
Other liabilities
97,640
103,676
84,814
-5.8%
Total liabilities and equity
244,860
252,496
236,495
-3.0%
Fixed assets
94,515
92,201
105,208
+2.5%
Goodwill
29,014
28,983
31,073
+0.1%
Cash and equivalents
14,760
17,741
9,465
-16.8%
Receivables
8,280
6,516
6,284
+27.1%
Inventory
56,511
44,949
44,435
+25.7%
Other assets
41,780
62,106
40,030
-32.7%
Total assets
244,860
252,496
236,495
-3.0%
10-K for the year ended 31 January 2022, filed 18 March 2022: the filing.