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Amazon vs Walmart AMZN vs WMT

Amazon and Walmart on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.

Compare other stocks
AMZNWMT
Often compared:+ MSFT+ AAPL+ GOOGL+ META+ COST+ TGT

What differs most

generated from the numbers below
  • Net margin: Amazon 17.4%, Walmart 3.0%.
  • Free-cash-flow yield: Walmart 1.6%, Amazon 0.3%.
  • Market value: Amazon $2.70T, Walmart $945.50B.
  • Operating margin: Amazon 12.1%, Walmart 4.4%.
  • Amazon paid no dividend in the last twelve months.

Price return

2025-10-16 → 2026-10-16
AMZN+16.6%
WMT+11.6%
-10%0%10%20%30%40%2025-10-162026-04-172026-10-16
Prices at the close on 2026-10-16
AMZN
Amazon
$250.00
WMT
Walmart
$118.81

Profile

latest
Sector
Consumer Cyclical
Consumer Defensive
Industry
Specialty Retail
Discount Stores
Market value
$2.70T
$945.50B
Enterprise value
$2.75T
$984.38B
Employees
1,576,000
2,100,000
Revenue per employee (TTM)
$492K
$347K

Our models

nightlythe valuation on each stock's page
Price vs model
182% overvalued vs model
208% overvalued vs model
Model range
$60.82–162
$23.34–102
Models in the headline
1
1
FCF growth priced in, at a 10% return
69.2%
32.2%
Every model, its assumptions and its range: AMZN valuation · WMT valuation. The growth priced in, at any return: AMZN reverse DCF · WMT reverse DCF.

Trading

close 2026-10-16
Last close
$250.00
$118.81
52-week high
$284.02
$134.20
52-week low
$198.79
$100.61
Price vs 52-week high
−12.0%
−11.5%
Price vs 52-week low
+25.8%
+18.1%
Average daily volume / shares
0.4%
0.3%
Beta
1.46
0.58

Returns

to 2026-10-16
1 month
+1.6%
+10.5%
3 months
0.0%
+3.4%
6 months
+0.1%
−4.8%
Year to date
+8.3%
+6.6%
1 year
+16.6%
+11.6%
1 year, dividends added
+16.6%
+12.5%
2 years
+33.8%
+46.3%

Valuation

AMZN price × TTM to Jun 2026 · WMT price × TTM to Jul 2026
P/E (TTM)
20.1×
43.0×
P/E on consensus EPS (next FY)
19.6×
41.1×
Price / sales
3.5×
1.3×
EV / sales
3.5×
1.4×
EV / EBITDA
14.6×
20.8×
Price / book
4.9×
9.6×
Price / free cash flow (FY)
350.4×
63.4×
Free-cash-flow yield (FY)
0.3%
1.6%

Growth

AMZN TTM and FY2025 · WMT TTM and FY2026
Revenue growth (TTM)
—
+4.6%
Revenue growth, consensus next FY
+15.6%
+6.5%
Revenue, 3-year CAGR
11.7%
5.3%
Revenue, 5-year CAGR
13.2%
4.9%
EPS growth (TTM)
—
−3.5%
EPS growth, consensus next FY
+78.3%
+5.8%
EPS, 3-year CAGR
—
24.2%
Free cash flow, 3-year CAGR
—
7.6%
Diluted shares, 3-year change
+6.3%
−2.2%

Profitability

AMZN TTM to Jun 2026 · WMT TTM to Jul 2026
Gross margin (FY)†
50.3%
24.9%
Operating margin
12.1%
4.4%
EBITDA margin
24.3%
6.5%
Net margin
17.4%
3.0%
Free-cash-flow margin (FY)
1.1%
2.1%
Return on equity
24.5%
22.5%
Return on assets
12.3%
7.5%
Asset turnover
0.71
2.48
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.

Balance sheet

AMZN MRQ Jun 2026 · WMT MRQ Jul 2026
Cash
$78.21B
$11.53B
Total debt
$132.55B
$50.41B
Net debt
$54.34B
$38.88B
Debt / equity
0.2×
0.5×
Net debt / EBITDA (TTM)
0.3×
0.8×
Interest coverage (FY)
35.2×
10.7×
Current ratio (FY)
1.05
0.79

Dividends

trailing 12 months
Dividend yield
0.0%
0.8%
Dividends per share
$0.00
$0.98
Payout ratio (of TTM EPS)
—
35.4%
Dividend per share, 5-year CAGR
—
6.0%
Frequency
—
Quarterly

Ownership and activity

last 90 days · latest 13F
Tracked superinvestors holding (13F)
37
8
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$15.1M
$11.1M
Analyst upgrades
0
1
Analyst downgrades
0
1

Statements

AMZN income TTM to Jun 2026 · cash flow FY2025 · WMT income TTM to Jul 2026 · cash flow FY2026
Revenue
$775.68B
$728.47B
EBITDA
$188.52B
$47.37B
Operating income
$93.71B
$32.28B
Net income
$135.28B
$22.08B
EPS (diluted)
$12.43
$2.76
Operating cash flow
$139.51B
$41.56B
Capital expenditure
−$131.82B
−$26.64B
Free cash flow
$7.70B
$14.92B
Dividends paid
$0
$7.51B

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Statements from the companies' SEC filings; prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.