Walmart
Fortune Rankings
The retail giant makes its first appearance on Fortune’s list thanks to its career progression opportunities. Approximately 75% of Walmart’s salaried store, club, and supply-chain management employees in the U.S. started in hourly positions. Store, distribution center, fulfillment center, and transportation office associates can apply for Walmart’s Private Fleet Development Program, where they earn their Commercial Driver’s License (CDL) and can make up to $110,000 in their first year as a Walmart private fleet driver. Walmart’s Live Better U program offers eligible part- and full-time hourly associates access to Walmart-paid formal education opportunities, including high school completion and college degrees, helping these associates save nearly half a billion dollars to date. The company’s annual pay equity analyses confirm that, accounting for relevant factors such as position, tenure, and location, associates are paid properly regardless of race or gender.
- Updated:4/4/2024
- Country:U.S.
- Headquarters:Bentonville, Ark.
- Industry:General Merchandisers
- CEO:C. Douglas McMillon
- Website:https://corporate.walmart.com
- Ticker:WMT
- Company type:Public
- Revenues ($M):$648,125
- Profits ($M):$15,511
- Market value ($M):$85,050
- Number of employees:2,100,000
Figures are for fiscal year ended Jan. 31, 2024. Market value as of March 22, 2024. Source: S&P Global.
- $ Millions% change
- Revenues ($M):$611,2896.7%
- Profits ($M):$11,680-14.6%
- Assets ($M):$243,197-
- Total Stockholder Equity ($M):$76,693-
- Profit as % of Revenues:1.9%
- Profits as % of Assets:4.8%
- Profits as % of Stockholder Equity:15.2%
- Earnings Per Share ($):4.27
- EPS % Change (from 2021):-12.3%
- EPS % Change (5 year annual rate):5.4%
- EPS % Change (10 year annual rate):-1.6%
- Total Return to Investors (2022):-0.4%
- Total Return to Investors (5 year, annualized):9.5%
- Total Return to Investors (10 year, annualized):9.9%
- Impact Segment:Economic opportunity
- Sector:Retailing
- Prior Year Rank:3
- Sector:Stores and Distributors
- Industry:General Merchandisers
- Current All-Star Rank:9
- Previous All-Star Rank:13
- Industry Rank:1
- Previous Industry Rank:3
- Overall Score:7.7
- Innovation:-
- People Management:-
- Use of Corporate Assets:-
- Social Responsibility:-
- Quality of Management:-
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- Long-Term Investment Value:-
- Quality of Products/Services:-
- Global Competitiveness:-
- Sector:Retailing
- Culture rank:195
- Process rank:29
- Product rank:185
- Rank last year:-
- Years on list:4
- U.S. employees:1,600,000
- U.S. job openings:103,776
- Year founded:1962
- 100% health coverage:No
- Subsidized childcare:No
- Compressed work weeks:did not disclose
- Option to work remotely:Yes
- Minimum requirement in-office attendance (days per week):varies by team
- Percentage of health care premiums covered:-
- Mental health coverage:Yes
- Free mental health sessions (per year):20
- Free backup childcare time off (days):-
- Maximum $ amount covered for fertility services:$20,000
- Fully paid maternal leave (days):80
- Fully paid paternal leave (days):30
- Fully paid adoptive leave (days):30
- Maternal leave in addition to regular time off (days):-
- Paid days off for volunteering:No
- % Women:-
- % Minorities:-
- % African-American/Black:21%
- % Asian:5%
- % Caucasian/White:49%
- % Hispanic/Latino:20%
- % Native American/Alaska Native:1%
- % Native Hawaiian/Pacific Islander:-
- % Two or more races:3%
- % Unknown ethnicity:-
