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Walmart Net Worth | How much is Walmart net worth


Walmart is the world's biggest retailer, with extra than 11,000 shops in 27 countries The company was founded in 1945 and it has been consistently growing since its inception. In addition to retail operations, Walmart also offers a variety of other services such as eCommerce, logistics, and food service. As of March 31st 2019, the company's revenue totaled $482 billion while its net income totaled $16 billion


Walmart Net Worth

$365 Billion


Walmart is a multinational corporation that operates over 11,000 stores in 28 countries. The company was founded by Sam Walton in his hometown of Bentonville, Arkansas in 1962. He started with $8,000 and opened his first store in Rogers, Arkansas six years later. Today, Walmart has more than 4 million employees worldwide and over 10 million customers who visit its retail locations every week.


Name Walmart

Owner: Walton family

Net Worth 2022 $365 Billion

Net Worth in Indian Rupees 27 Lakh Crore

Net income: $13 Billion

Revenue $576 Billion

Total Assets $66,038 Million

PE Ratio 20.19

Founder: Sam Walton

CEO Doug McMillon (1 Feb 2014–)

Headquarters: Bentonville, Arkansas, United States

Founded: 2 July 1962, Rogers, Arkansas, United States

Number of employees 2,300,000 (Jan. 2022)

Subsidiaries: Sam’s Club, Walmart Canada, Bodega AurrerĂ¡, MORE

Website walmart.com


Walmart Revenue 2022

Walmart revenue for the twelve months ending April 30, 2022, was $576.013 Billion

Walmart annual revenue for 2022 was $572.754 Billion

Walmart annual revenue for 2021 was $559.151 Billion

Walmart annual revenue for 2020 was $523.964 Billion


Year (Millions of US $)

2022 $576,754

2021 $559,151

2020 $523,964

2019 $514,405

2018 $500,343

2017 $485,873

2016 $482,130

2015 $485,651

2014 $476,294


Walmart Net Worth  How much is Walmart net worth



Walmart Net Income

Walmart net income for the twelve months ending April 30, 2022, was $12.997 Billion

Walmart annual net income for 2022 was $13.673 Billion

Walmart annual net income for 2021 was $13.51 Billion

Walmart annual net income for 2020 was $14.881 Billion


Year (Millions of US $)

2022 $13,673

2021 $13,510

2020 $14,881

2019 $6,670

2018 $9,862

2017 $13,643

2016 $14,694

2015 $16,363

2014 $16,022

2013 $16,999


Evolution

Walmart first came into existence in 1962. Although, its story started way back in 1945 when Sam Walton sold a branch of Ben Franklin stores from Butler Brothers. His purpose become to promote products at a lower price to get higher volumes of income. Though, initially, he struggled to make a profit. However, very soon he become capable of discovering decrease-fee suppliers, which increased the sales by 45% in the first year of ownership. During its first year, the company was making revenue of $105,000, and within 5 years, its revenue increased to $250,000.


The first official Walmart store was opened in Rogers, Arkansas, in 1962. The call for the logo was inspired by FedMart, a chain of discounted departmental stores. In 1969, the company unfold its legs from Arkansas to Missouri, Oklahoma, etc. In 1969, the company was incorporated under the name of Wal-Mart, Inc., which later modified to Wal-Mart Stores Inc., in 1970. The enterprise was listed on New York Stock Exchange in 1972. By 1988, Walmart became the most profitable retailer in the US.


Walmart Net Worth | How much is Walmart net worth



Walmart Total Assets

Walmart total assets for the quarter ending April 30, 2022, were $246.142 Billion

Walmart total assets for 2022 were $244.86 Billion

Walmart total assets for 2021 were $252.496 Billion

Walmart total assets for 2020 were $236.495 Billion


Year (Millions of US $)

2022 $244,860

2021 $252,496

2020 $236,495

2019 $219,295

2018 $204,522

2017 $198,825

2016 $199,581

2015 $203,490

2014 $204,751


Achievements

Walmart has numerous achievements under its name. It is the company with the highest revenue, and due to that, Walmart Inc. is the world’s biggest company by sales. Its current annual sales is around $576 Billion. The corporation is also known for the number of employees it creates, with its employee count raising to 2.2 million. The company has also accomplished charity, and its entire concept was to run efficiently, at a lower price than others. Working in extra than 24 countries, and operating more than 10,500 stores is quite an achievement.


Walmart Total Liabilities

Walmart total liabilities for the quarter ending April 30, 2022, were $160.542 Billion

Walmart total liabilities for 2022 were $152.969 Billion

Walmart total liabilities for 2021 were $164.965 Billion

Walmart total liabilities for 2020 were $154.943 Billion


Year (Millions of US $)

2022 $152,969

2021 $164,965

2020 $154,943

2019 $139,661

2018 $123,700

2017 $118,290

2016 $115,970

2015 $117,553

2014 $123,412

Conclusion


Walmart is a retail company with over 11,000 stores worldwide. It was founded in Arkansas in 1962 by Sam Walton and now has a market cap of $183 billion. The company is one of the largest private employers in the world and had revenues of $485 billion in 2018.


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