Official Name: Walmart Inc.

Headquarters: Bentonville, AR, United States

Founded: July 2, 1962

Employees: 2,300,000

CEO: Mr. C. Douglas McMillon

NYSE: WMT -0.30%

Market Cap

$542.78 Billion

USD as of July 1, 2024

Market Cap History

Company Description

Walmart Inc. is a multinational retail corporation operating a chain of hypermarkets, discount department stores, and grocery stores. Walmart is the world’s largest company by revenue, employing more than 2.3 million people in 28 countries.

Walmart market capitalization over time

Evolution of Walmart Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Walmart Inc.

Detailed Description

Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores; membership-only warehouse clubs; ecommerce websites, such as,,,, and; and mobile commerce applications. The company offers grocery products, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, and alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and health and wellness products covering pharmacy, over-the-counter drugs and other medical products, and optical and clinical services. It also provides gasoline stations and tobacco; home improvement, outdoor living, gardening, furniture, apparel, and jewelry, as well as tools and power equipment, housewares, toys, seasonal items, mattresses, and tire and battery centers; and consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. In addition, the company offers fuel and financial services and related products, including money orders, prepaid cards, money transfers, and check cashing and bill payment. It operates approximately 11,400 stores and various e-commerce websites under 54 banners in 26 countries. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.

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Product & Services

ElectronicsMovies, music, and gamesHome and furnitureHome improvementClothingFootwearJewelryToysGarden suppliesHealth and beautyPet suppliesSporting goods and fitnessAutoPhoto finishingCraft and party suppliesGrocery, Walmart-2-WalmartWalmart MoneyCardPickup TodayWalmart.comFinancial ServicesWalmart Pay

Key People

Founder(s): Sam Walton

Greg Penner (Chairman) Doug Mc Millon (President, CEO)


Revenue: US$572.8 billion (2022)

Operating income: US$25.9 billion (2022)

Net income: US$13.67 billion (2022)

Total assets: US$244.86 billion (2022)

Total equity: US$91.891 billion (2022)



702 SW 8th Street

Bentonville, AR 72716

United States

Phone: 479-273-4000