How much is Walmart worth? (More what you think…)

With over 10,500 stores in 26 countries around the world, Walmart, with its distinctive blue buildings and endless rows and columns of products, is one of the largest and most well-known retailers.

Given the sheer scale of its operations and the more than 2 million people that Walmart employs, you may be wondering – how much is Walmart worth? Here’s everything I found out about Walmart’s value, earnings, and overall business!

How much is Walmart worth in 2022?

As of 2022, Walmart is worth $395 billion. Average Walmart generates a staggering average annual revenue of over $500 billion with operating expenses of approximately $492 billion and annual profits of $15 billion to $23 billion.

If you want to learn more about Walmart’s growth and expansion story, who owns Walmart and why it’s worth so much, read on!

Why is Walmart worth so much?

Despite its current size, Walmart is only growing and introducing more and more opportunities to create new revenue streams.

One of the reasons it’s worth so much is the sheer number and variety of assets, divisions, and services that Walmart has invested in.

For example, Walmart has a large number of stores in many countries such as Brazil, Canada, China and Chile, while in other countries it has bought local retail chains such as Massmart, Flipkart and Seiyu Group.

It also has a diversified portfolio of services like Walmart-2-Walmart, Walmart MoneyCard, and Walmart Financial Services to generate even more revenue.

Because of this, the company is growing at an average rate of 2-3% per year and is responsible for many assets, businesses, chains and more, all contributing to this staggering growth rate.

As Walmart continues to invest in the latest ways to cut costs and implement new technologies, those numbers are likely to increase further.

How many stores and employees does Walmart have?

Walmart owns a total of 11,443 stores around the world and employs 2.3 million people worldwide, including over 1.5 million in the United States itself, making it the largest private employer in the world.

The company spends around 7% of its annual operating budget on the hiring process alone, which equates to over $35 million.

You can get an idea of ​​the number of people Walmart employs when you consider that the workforce in the US alone exceeds the total population of Trinidad and Tobago.

In recent years, Walmart has invested in automation to streamline day-to-day processes for employees and consumers.

This includes automated checkouts and a more robust online infrastructure. The employees should also benefit from an expected wage increase in the coming years due to their long-term growth.

What is Walmart’s presence around the world?

Walmart operates in more than 26 countries including the UK, Canada, Chile and China. While many of these stores carry the Walmart branding, some operate under other names.

In addition, Walmart also operates other retail stores in the United States itself:

  • Sam’s Club in the United States, Virgin Islands and Puerto Rico, which itself has sales of $57 billion from over 599 stores
  • ASDA in the UK, which Walmart tried to merge with retail brand Sainsbury in 2018 in a $7 billion deal blocked by regulators
  • Other international ventures include Jumbo Cash and Carry in Africa and Superama in Mexico

Walmart’s policy is that its stores must be large enough to accommodate its extensive catalog of merchandise and located in areas that attract a large population.

This may make opening new locations a challenge, but Walmart has found ways to mitigate these obstacles through various methods such as purchasing and remodeling existing stores.

Aside from that, Walmart is also known for opening smaller neighborhood locations to complement its supercenters.

To learn more, you can also see our related post on the List of Companies Walmart Owns.

What is Walmart’s Revenue and Operating Income?

Walmart is a publicly traded, family-owned company with $22.55 billion in operating income sustained year after year.

It currently has a market cap of $395 billion and volume of 1,870,142 shares.

The leading retail chain derives much of its revenue from the goods it sells, which are often cheaper than the competition but also feature a wide range of luxury brands.

These goods include everything from electronics, furniture, and housewares to groceries, groceries, clothing, toys, and auto gear.

Walmart’s success could be attributed to the public image that if a consumer needs an item, they will most likely find it at a nearby Walmart location.

To see how big Walmart is, in a year Walmart’s sales can surpass the GDP of some entire nations like Ireland, with Walmart’s entertainment sales earning more than the US box office.

Another amazing fact is that the population of the 50 smallest nations in the world is equal to the number of people employed by Walmart around the world.

How did Walmart grow and how is it today?

The first Walmart store was opened by Sam Walton in 1962, with the Walton family currently still owning a majority of Walmart Corporation.

Since its inception, Walmart has grown exponentially, continually increasing its overall value by tremendous amounts:

  • In its first five years, Walmart generated over $9 million in sales from 18 stores in the Arkansas area
  • Walmart went public in 1970 and was listed on the New York Stock Exchange at $47 per share
  • By 2000, it was the number one largest company in the United States, with sales of over $219 billion

Today, Walmart has surpassed those numbers many times over, even adjusting for inflation and population growth.

Despite facing stiff competition from stores like Amazon, Target, and Kmart in recent years, Walmart has still managed to survive and grow exponentially.

Who Owns Walmart?

Currently, the Walton family owns 50.85% of the company and have a combined net worth of $215 billion.

The family’s stock and ownership interests are managed by institutional investors Walton Enterprises LLC and the Walton Family Holdings Trust.

S. Robert Walton currently holds the largest stake in the company with over 2.6 billion shares. Since 2009, the company has been led by CEO Doug McMillon, the fifth CEO in the company’s tenure.

Individuals can purchase stock in Walmart since it is a publicly traded company.

Walmart’s daily volume is over 9 million shares and the average price per share was around $100 in 2020, with its value continuing to grow over time due to its solid brand image in the world.

To learn more, you can read our related post on the Walton family net worth.

If you want to learn more about Walmart, you can check out our related posts on the meaning of Walmart’s logo, Walmart’s stats, and how much money Walmart makes in a second, minute, hour, day, and month!

Where could Walmart go in the future?

Walmart is currently evaluating options that could lead to further growth in the future.

In recent years, they have invested more online, allowing buyers to place and receive orders online without having to get out of their vehicles.

Walmart also expects to increase wages for employees and invest more in supply chain and automation.

As it continues to expand its reach both locally and internationally, Walmart is likely to hold its record as the largest employer and largest earner in the world for the foreseeable future.

Conclusion: How much is Walmart worth?

Walmart has annual sales of more than $500 billion and a profit of between $15 billion and $23 billion after operating expenses of $492 billion. With more than 11,000 branches and 2.3 million employees in over 26 countries, it is the largest employer in the world. It was founded by the Walton family, who currently hold a controlling stake of 50.85% in the company’s total assets.