Walmart annual net debt
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Walmart Net Debt Growth & History (WMT)
Walmart's net debt was $49.77B for fiscal 2026.
View full Walmart company overviewWalmart annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | $49.77B | $1.76B | +3.67% |
| 2025 | 2025-01-31 | $48.01B | −$2.57B | −5.08% |
| 2024 | 2024-01-31 | $50.58B | $650.0M | +1.30% |
| 2023 | 2023-01-31 | $49.93B | $7.77B | +18.44% |
| 2022 | 2022-01-31 | $42.15B | −$3.13B | −6.91% |
| 2021 | 2021-01-31 | $45.28B | −$17.11B | −27.43% |
| 2020 | 2020-01-31 | $62.39B | $17.31B | +38.39% |
| 2019 | 2019-01-31 | $45.09B | $10.61B | +30.78% |
| 2018 | 2018-01-31 | $34.47B | −$3.50B | −9.21% |
| 2017 | 2017-01-31 | $37.97B | −$649.0M | −1.68% |
| 2016 | 2016-01-31 | $38.62B | −$817.0M | −2.07% |
| 2015 | 2015-01-31 | $39.44B | −$2.25B | −5.40% |
| 2014 | 2014-01-31 | $41.69B | −$4.67B | −10.06% |
| 2013 | 2013-01-31 | $46.35B | −$522.0M | −1.11% |
| 2011 | 2012-01-31 | $46.88B | $4.41B | +10.38% |
| 2010 | 2011-01-31 | $42.47B | $9.06B | +27.10% |
| 2009 | 2010-01-31 | $33.41B | −$1.53B | −4.38% |
| 2008 | 2009-01-31 | $34.94B | — | — |
Walmart quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | $51.75B | $1.0M | +0.00% |
| Q1 2027 | 2026-04-30 | $52.78B | $478.0M | +0.91% |
| Q4 2026 | 2026-01-31 | $49.77B | $1.76B | +3.67% |
| Q3 2026 | 2025-10-31 | $49.44B | $1.32B | +2.74% |
| Q2 2026 | 2025-07-31 | $51.75B | $2.45B | +4.96% |
| Q1 2026 | 2025-04-30 | $52.30B | $2.70B | +5.44% |
| Q4 2025 | 2025-01-31 | $48.01B | −$2.57B | −5.08% |
| Q3 2025 | 2024-10-31 | $48.12B | $478.0M | +1.00% |
| Q2 2025 | 2024-07-31 | $49.30B | $2.93B | +6.32% |
| Q1 2025 | 2024-04-30 | $49.60B | −$1.98B | −3.84% |
| Q4 2024 | 2024-01-31 | $50.58B | $650.0M | +1.30% |
| Q3 2024 | 2023-10-31 | $47.64B | $661.0M | +1.41% |
| Q2 2024 | 2023-07-31 | $46.37B | $5.62B | +13.78% |
| Q1 2024 | 2023-04-30 | $51.58B | $8.01B | +18.39% |
| Q4 2023 | 2023-01-31 | $49.93B | $7.77B | +18.44% |
| Q3 2023 | 2022-10-31 | $46.98B | $5.94B | +14.48% |
| Q2 2023 | 2022-07-31 | $40.75B | $3.38B | +9.03% |
| Q1 2023 | 2022-04-30 | $43.57B | $3.95B | +9.98% |
| Q4 2022 | 2022-01-31 | $42.15B | −$3.13B | −6.91% |
| Q3 2022 | 2021-10-31 | $41.04B | −$12.87B | −23.88% |
| Q2 2022 | 2021-07-31 | $37.38B | −$14.85B | −28.44% |
| Q1 2022 | 2021-04-30 | $39.61B | −$16.84B | −29.83% |
| Q4 2021 | 2021-01-31 | $45.28B | −$17.11B | −27.43% |
| Q3 2021 | 2020-10-31 | $53.91B | −$8.50B | −13.62% |
| Q2 2021 | 2020-07-31 | $52.23B | −$9.51B | −15.41% |
| Q1 2021 | 2020-04-30 | $56.45B | −$4.89B | −7.97% |
| Q4 2020 | 2020-01-31 | $62.39B | $17.31B | +38.39% |
| Q3 2020 | 2019-10-31 | $62.42B | $25.72B | +70.11% |
| Q2 2020 | 2019-07-31 | $61.74B | $31.54B | +104.40% |
| Q1 2020 | 2019-04-30 | $61.35B | $38.18B | +164.79% |
| Q4 2019 | 2019-01-31 | $45.09B | $10.61B | +30.78% |
| Q3 2019 | 2018-10-31 | $36.69B | −$1.09B | −2.90% |
| Q2 2019 | 2018-07-31 | $30.21B | −$7.70B | −20.32% |
| Q1 2019 | 2018-04-30 | $23.17B | −$14.17B | −37.95% |
| Q4 2018 | 2018-01-31 | $34.47B | −$3.50B | −9.21% |
| Q3 2018 | 2017-10-31 | $37.79B | −$1.20B | −3.07% |
| Q2 2018 | 2017-07-31 | $37.91B | $29.0M | +0.08% |
| Q1 2018 | 2017-04-30 | $37.34B | −$1.28B | −3.31% |
| Q4 2017 | 2017-01-31 | $37.97B | −$649.0M | −1.68% |
| Q3 2017 | 2016-10-31 | $38.98B | −$1.53B | −3.77% |
| Q2 2017 | 2016-07-31 | $37.88B | −$3.70B | −8.89% |
| Q1 2017 | 2016-04-30 | $38.61B | −$3.06B | −7.35% |
| Q4 2016 | 2016-01-31 | $38.62B | −$817.0M | −2.07% |
| Q3 2016 | 2015-10-31 | $40.51B | −$2.43B | −5.67% |
| Q2 2016 | 2015-07-31 | $41.58B | −$2.90B | −6.51% |
| Q1 2016 | 2015-04-30 | $41.67B | −$4.34B | −9.44% |
| Q4 2015 | 2015-01-31 | $39.44B | −$2.25B | −5.40% |
| Q3 2015 | 2014-10-31 | $42.95B | −$10.14B | −19.10% |
| Q2 2015 | 2014-07-31 | $44.48B | −$3.73B | −7.75% |
| Q1 2015 | 2014-04-30 | $46.02B | −$2.21B | −4.59% |
| Q4 2014 | 2014-01-31 | $41.69B | −$4.67B | −10.06% |
| Q3 2014 | 2013-10-31 | $53.09B | $4.27B | +8.75% |
| Q2 2014 | 2013-07-31 | $48.21B | $1.52B | +3.26% |
| Q1 2014 | 2013-04-30 | $48.23B | $1.72B | +3.70% |
| Q4 2013 | 2013-01-31 | $46.35B | −$522.0M | −1.11% |
| Q3 2012 | 2012-10-31 | $48.81B | −$3.36B | −6.44% |
| Q2 2012 | 2012-07-31 | $46.69B | −$2.29B | −4.67% |
| Q1 2012 | 2012-04-30 | $46.51B | $243.0M | +0.53% |
| Q4 2011 | 2012-01-31 | $46.88B | $4.41B | +10.38% |
| Q3 2011 | 2011-10-31 | $52.17B | $6.00B | +12.98% |
| Q2 2011 | 2011-07-31 | $48.98B | $9.94B | +25.46% |
| Q1 2011 | 2011-04-30 | $46.27B | $7.83B | +20.36% |
| Q4 2010 | 2011-01-31 | $42.47B | $9.06B | +27.10% |
| Q3 2010 | 2010-10-31 | $46.18B | $4.83B | +11.68% |
| Q2 2010 | 2010-07-31 | $39.04B | $1.79B | +4.81% |
| Q1 2010 | 2010-04-30 | $38.44B | — | — |
| Q4 2009 | 2010-01-31 | $33.41B | −$1.53B | −4.38% |
| Q3 2009 | 2009-10-31 | $41.35B | — | — |
| Q2 2009 | 2009-07-31 | $37.24B | — | — |
| Q4 2008 | 2009-01-31 | $34.94B | — | — |
Walmart net debt trends
Over the last five fiscal years, Walmart's net debt increased from $45.28B to $49.77B, a change of $4.49B. The latest reported quarter, Q2 2027, shows $51.75B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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