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Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. It was founded by Sam Walton in 1962 and is headquartered in Bentonville, Arkansas. Walmart is one of the world’s largest companies by revenue and employs over 2.3 million associates worldwide.
In 2018, Walmart reported a total revenue of approximately $500.3 billion USD.
Comparing Walmart’s revenue to some of the world’s most profitable companies:
Apple Inc. reported revenue of around $265.6 billion USD in 2018.
Amazon.com Inc. reported revenue of approximately $232.9 billion USD.
Alphabet Inc. (Google’s parent company) reported revenue of about $136.8 billion USD.
Microsoft Corporation reported revenue of roughly $110.4 billion USD.
Walmart’s revenue significantly surpasses these tech giants in 2018.
Comparing Walmart’s revenue to the GDP of countries around the world:
Walmart’s revenue of $500.3 billion USD in 2018 exceeds the GDP of many countries, including Turkey, Saudi Arabia, Netherlands, Belgium, Sweden, and Switzerland. It’s close to the GDP of countries like Poland and Norway.
The world map below shows nations that have a GDP greater than Walmart’s Annual Revenue.
Key facts:
Walmart reached more than $500 billion in revenue for the first time.
Each week, Walmart serves nearly 270 million customers who visit more than 11,700 stores and numerous eCommerce websites under 65 banners in 28 countries.
Walmart U.S. delivered the highest comp sales growth in 9 years and U.S.
$28.3 billion operation cash flow
$11.5 billion Walmart U.S. eCommerce sales
eCommerce sales grew 44 percent.
$14.4 billion cash returned to shareholders through dividends and share repurchases
Walmart International had 10 of 11 markets post positive comp sales for the year and five of those markets grew comp sales by more than 5 percent.
The new definitive line between first and third world countries.