Amazon vs Walmart: financial comparison

Compare Amazon and Walmart side by side: valuation, margins, growth, cash and dividends, with the quarterly history of both. Yahoo Finance data, free and no sign-up.

AMZN

Amazon

AMZN

250.25 USD

See the Amazon breakdown →
WMT

Walmart

WMT

109.99 USD

See the Walmart breakdown →

Amazon vs Walmart: key metrics

AmazonUSDWalmartUSD
Valuation
Market cap2.70 T USD875.31 B USD
P/E (TTM)20.1539.85
Forward P/E24.0934.05
Price / Sales3.481.19
EV / EBITDA17.0421.41
Price / Book4.899.28
Margins & growth
Profit margin+17.44%+3%
Operating margin+13.69%+3.45%
Quarterly revenue (YoY)——
Quarterly earnings (YoY)——
Cash flow
FCF yield+0.12%+0.81%
Stock-based compensation——
Balance
Cash122.99 B USD11.53 B USD
Debt251.64 B USD75.09 B USD
Net position-128.65 B USD-63.56 B USD
Dividend
Dividend yield—+0.9%
Payout ratio0%+34.96%

Each column shows figures in that company's reporting currency (shown in the header); they are not converted. Ratios and percentages are currency-independent.

Price, rebased to 100

Amazon146Walmart230
10020020212026

P/E (TTM)

Amazon20.1×Walmart39.7×
010020030020212026

Both curves start at 100 on the same day, so this compares returns rather than prices. Each week's P/E is the price divided by the earnings per share already reported by that date; loss-making weeks are not drawn.

What analysts expect

Consensus revenue and earnings per share for the periods not yet reported.

Revenue forecast · Amazon

ReportedEstimate
0100B200BQ2 25: 167.70 B USDQ2 25Q3 25: 180.17 B USDQ3 25Q4 25: 213.39 B USDQ4 25Q1 26: 181.52 B USDQ1 26Q3 26 · Estimate: 202.13 B USD (199.37 B USD – 207.68 B USD)Q3 26Q4 26 · Estimate: 243.86 B USD (234.24 B USD – 255.93 B USD)Q4 26USD

Consensus of 46 analysts for Q3 26 · +12.19% year on year

Revenue forecast · Walmart

ReportedEstimate
0100B200BQ4 25: 179.50 B USDQ4 25Q1 26: 190.66 B USDQ1 26Q2 26: 177.75 B USDQ2 26Q3 26: 187.94 B USDQ3 26Q4 26 · Estimate: 187.21 B USD (185.56 B USD – 189.78 B USD)Q4 26Q1 27 · Estimate: 200.27 B USD (195.99 B USD – 203.52 B USD)Q1 27USD

Consensus of 28 analysts for Q4 26 · +5.31% year on year

EPS forecast · Amazon

ReportedEstimate
024Q3 25: 1.95 · expected 1.56 (+25.2%)Q3 25Q4 25: 1.95 · expected 1.96 (-0.49%)Q4 25Q1 26: 2.78 · expected 1.65 (+68.18%)Q1 26Q2 26: 5.75 · expected 1.83 (+215.02%)Q2 26Q3 26 · Estimate: 1.95 (1.72 – 2.23)Q3 26Q4 26 · Estimate: 2.44 (2.00 – 2.75)Q4 26

Consensus of 43 analysts for Q3 26 · -0.19% year on year · adjusted earnings

EPS forecast · Walmart

ReportedEstimate
00.250.50.75Q4 25: 0.62 · expected 0.60 (+3.11%)Q4 25Q1 26: 0.74 · expected 0.73 (+1.79%)Q1 26Q2 26: 0.66 · expected 0.66 (+0.19%)Q2 26Q3 26: 0.81 · expected 0.74 (+9.27%)Q3 26Q4 26 · Estimate: 0.64 (0.62 – 0.67)Q4 26Q1 27 · Estimate: 0.78 (0.76 – 0.85)Q1 27

Consensus of 33 analysts for Q4 26 · +2.47% year on year · adjusted earnings

Analyst consensus from Yahoo Finance. The dashed bar is the average and the whisker runs from the lowest analyst to the highest. On periods already reported, the green or red line marks what had been expected: below the bar means the company beat it. EPS is measured on an adjusted basis, which is what analysts forecast against and is not the accounting profit in the statements.

Compared over time

Revenue

AmazonWalmart
0100B200BQ4 22 · Amazon: 149.20 B USDQ4 22 · Walmart: 151.47 B USDQ4 22Q1 23 · Amazon: 127.36 B USDQ1 23 · Walmart: 162.74 B USDQ2 23 · Amazon: 134.38 B USDQ2 23 · Walmart: 151.00 B USDQ3 23 · Amazon: 143.08 B USDQ3 23 · Walmart: 160.28 B USDQ3 23Q4 23 · Amazon: 169.96 B USDQ4 23 · Walmart: 159.44 B USDQ1 24 · Amazon: 143.31 B USDQ1 24 · Walmart: 171.91 B USDQ2 24 · Amazon: 147.98 B USDQ2 24 · Walmart: 159.94 B USDQ2 24Q3 24 · Amazon: 158.88 B USDQ3 24 · Walmart: 167.77 B USDQ4 24 · Walmart: 168.00 B USDQ1 25 · Amazon: 155.67 B USDQ1 25Q2 25 · Amazon: 167.70 B USDQ3 25 · Amazon: 180.17 B USDQ3 25 · Walmart: 177.40 B USDQ4 25 · Amazon: 213.39 B USDQ4 25 · Walmart: 179.50 B USDQ4 25Q1 26 · Amazon: 181.52 B USDQ1 26 · Walmart: 190.66 B USDQ2 26 · Walmart: 177.75 B USDQ3 26 · Walmart: 187.94 B USDQ3 26USD

Net income

AmazonWalmart
010B20B30BQ4 22 · Amazon: 278.00 M USDQ4 22 · Walmart: -1.80 B USDQ4 22Q1 23 · Amazon: 3.17 B USDQ1 23 · Walmart: 6.28 B USDQ2 23 · Amazon: 6.75 B USDQ2 23 · Walmart: 1.67 B USDQ3 23 · Amazon: 9.88 B USDQ3 23 · Walmart: 7.89 B USDQ3 23Q4 23 · Amazon: 10.62 B USDQ4 23 · Walmart: 453.00 M USDQ1 24 · Amazon: 10.43 B USDQ1 24 · Walmart: 5.49 B USDQ2 24 · Amazon: 13.49 B USDQ2 24 · Walmart: 5.10 B USDQ2 24Q3 24 · Amazon: 15.33 B USDQ3 24 · Walmart: 4.50 B USDQ4 24 · Walmart: 4.58 B USDQ1 25 · Amazon: 17.13 B USDQ1 25Q2 25 · Amazon: 18.16 B USDQ3 25 · Amazon: 21.19 B USDQ3 25 · Walmart: 7.03 B USDQ4 25 · Amazon: 21.19 B USDQ4 25 · Walmart: 6.14 B USDQ4 25Q1 26 · Amazon: 30.26 B USDQ1 26 · Walmart: 4.24 B USDQ2 26 · Walmart: 5.33 B USDQ3 26 · Walmart: 6.37 B USDQ3 26USD

Free cash flow

AmazonWalmart
020BQ4 22 · Amazon: 12.58 B USDQ4 22 · Walmart: 1.89 B USDQ4 22Q1 23 · Amazon: -9.42 B USDQ1 23 · Walmart: 8.35 B USDQ2 23 · Amazon: 5.02 B USDQ2 23 · Walmart: 204.00 M USDQ3 23 · Amazon: 8.74 B USDQ3 23 · Walmart: 8.78 B USDQ3 23Q4 23 · Amazon: 27.88 B USDQ4 23 · Walmart: -4.65 B USDQ1 24 · Amazon: 4.06 B USDQ1 24 · Walmart: 10.78 B USDQ2 24 · Amazon: 7.66 B USDQ2 24 · Walmart: -427.00 M USDQ2 24Q3 24 · Amazon: 3.35 B USDQ3 24 · Walmart: 6.28 B USDQ4 24 · Walmart: 372.00 M USDQ1 25 · Amazon: -8.00 B USDQ1 25Q2 25 · Amazon: 332.00 M USDQ3 25 · Amazon: 430.00 M USDQ3 25 · Walmart: 6.52 B USDQ4 25 · Amazon: 14.94 B USDQ4 25 · Walmart: 1.88 B USDQ4 25Q1 26 · Amazon: -18.17 B USDQ1 26 · Walmart: 6.10 B USDQ2 26 · Walmart: -1.95 B USDQ3 26 · Walmart: 7.48 B USDQ3 26USD

EPS

AmazonWalmart
024Q3 22 · Amazon: 0.28Q3 22 · Walmart: 1.88Q3 22Q4 22 · Amazon: 0.03Q4 22 · Walmart: -0.66Q1 23 · Amazon: 0.31Q1 23 · Walmart: -0.54Q2 23 · Amazon: 0.65Q2 23 · Walmart: 0.21Q2 23Q3 23 · Amazon: 0.94Q3 23 · Walmart: 0.97Q4 23 · Amazon: 1.00Q4 23 · Walmart: 0.06Q1 24 · Amazon: 0.98Q1 24 · Walmart: 0.67Q1 24Q2 24 · Amazon: 1.26Q2 24 · Walmart: 0.63Q3 24 · Amazon: 1.43Q3 24 · Walmart: 0.56Q4 24 · Walmart: 0.57Q4 24Q2 25 · Amazon: 1.68Q3 25 · Amazon: 1.95Q3 25 · Walmart: 0.88Q4 25 · Amazon: 1.95Q4 25 · Walmart: 0.77Q4 25Q1 26 · Amazon: 2.78Q1 26 · Walmart: 0.53Q2 26 · Amazon: 5.75Q2 26 · Walmart: 0.67Q3 26 · Walmart: 0.80Q3 26

EBITDA

AmazonWalmart
020B40BQ4 22 · Amazon: 15.42 B USDQ4 22Q1 23 · Amazon: 15.90 B USDQ2 23 · Amazon: 19.27 B USDQ2 23 · Walmart: 9.09 B USDQ3 23 · Amazon: 23.32 B USDQ3 23Q4 23 · Amazon: 27.03 B USDQ1 24 · Amazon: 26.99 B USDQ2 24 · Amazon: 26.71 B USDQ2 24 · Walmart: 9.97 B USDQ2 24Q3 24 · Amazon: 30.85 B USDQ3 24 · Walmart: 11.15 B USDQ4 24 · Walmart: 9.97 B USDQ1 25 · Amazon: 36.48 B USDQ1 25Q2 25 · Amazon: 36.60 B USDQ3 25 · Amazon: 45.50 B USDQ3 25 · Walmart: 13.58 B USDQ4 25 · Amazon: 46.76 B USDQ4 25 · Walmart: 12.48 B USDQ4 25Q1 26 · Amazon: 59.58 B USDQ1 26 · Walmart: 10.42 B USDQ2 26 · Walmart: 11.67 B USDQ3 26 · Walmart: 12.20 B USDQ3 26USD

Source: Yahoo Finance. Quarterly history grows automatically over time as new quarters are published.

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