Company: Walmart Inc.
Ticker: WMT
Form: 10-K
Filed: 2026-03-13
Fiscal Period: {"fp": "FY", "fy": 2026}

Question: What was Walmart Inc.'s net margin in fiscal year 2026?
Question Type: derived_ratio

Concept: NetIncomeLoss
RevenueFromContractWithCustomerExcludingAssessedTax
Answer (Numeric): 3.1
Answer (Display): 3.10%
Unit: percent

Evidence:
[{"chunk_id": "168", "equivalent_chunk_ids": ["168"], "section": "Consolidated Statements of Income", "supports": ["numerator", "denominator"], "text": "Fiscal Years Ended January 31,\n(Amounts in millions, except per share data)\nRevenues:\nNet sales\n706,413\n674,538\n642,637\nMembership and other income\n6,750\n6,447\n5,488\nTotal revenues\n713,163\n680,985\n648,125\nCosts and expenses:\nCost of sales\n535,395\n511,753\n490,142\nOperating, selling, general and administrative expenses\n147,943\n139,884\n130,971\nOperating income\n29,825\n29,348\n27,012\nInterest:\nDebt\n2,318\n2,249\n2,259\nFinance lease\nInterest income\nInterest, net\n2,431\n2,245\n2,137\nOther (gains) and losses\n2,075\n3,027\nIncome before income taxes\n29,469\n26,309\n21,848\nProvision for income taxes\n7,199\n6,152\n5,578\nConsolidated net income\n22,270\n20,157\n16,270\nConsolidated net income attributable to noncontrolling interest\nConsolidated net income attributable to Walmart\n21,893\n19,436\n15,511\nNet income per common share:\nBasic net income per common share attributable to Walmart\n2.74\n2.42\n1.92\nDiluted net income per common share attributable to Walmart\n2.73\n2.41\n1.91\nWeighted-average common shares outstanding:\nBasic\n7,983\n8,041\n8,077\nDiluted\n8,022\n8,081\n8,108\nDividends declared per common share\n0.94\n0.83\n0.76\nSee accompanying notes.\nWalmart Inc."}]

Derivation: {"denominator": "revenue", "denominator_value": 706413.0, "format": "percentage", "numerator": "net_income", "numerator_value": 21893.0, "op": "divide"}