WMT FY 2017 Earnings Report — Walmart Inc. Revenue & Financial Results | Market Cap Arena

Walmart Inc.WMT

FY 2017 Earnings

Reported March 31, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$485.9B	—	$482.1B	—	0.8%
Op. Income	$22.8B	—	$24.1B	—	-5.6%
Gross Margin	25.6%	—	25.1%	—	0.5pp
Net Margin	2.8%	—	3.0%	—	-0.2pp
EPS (Diluted)	$1.46	—	$1.52	—	-3.9%
Free Cash Flow	$20.9B	—	$16.1B	—	30.1%

Revenue Flow

Item	Amount
REVENUE	$485.9B
Cost of Revenue	$361.3B
GROSS PROFIT	$124.6B
R&D Expenses	$0
Selling & Marketing	$2.9B
General & Administrative	$99.0B
SG&A Expenses	$101.9B
Other Expenses	$0
Operating Expenses	$101.9B
Cost & Expenses	$463.1B
OPERATING INCOME	$22.8B
Interest Income	$100M
Interest Expense	$2.4B
Other Income/Expenses	-$2.3B
INCOME BEFORE TAX	$20.5B
Income Tax Expense	$6.2B
Net Income from Continuing Ops	$14.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$13.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13.6B
D&A	$10.1B
EBIT	$22.9B
EBITDA	$32.8B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$485.9B
Cost of Revenue	$361.3B
GROSS PROFIT	$124.6B
R&D Expenses	$0
Selling & Marketing	$2.9B
General & Administrative	$99.0B
SG&A Expenses	$101.9B
Other Expenses	$0
Operating Expenses	$101.9B
Cost & Expenses	$463.1B
OPERATING INCOME	$22.8B
Interest Income	$100M
Interest Expense	$2.4B
Other Income/Expenses	-$2.3B
INCOME BEFORE TAX	$20.5B
Income Tax Expense	$6.2B
Net Income from Continuing Ops	$14.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$13.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13.6B
D&A	$10.1B
EBIT	$22.9B
EBITDA	$32.8B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$13.6B
Depreciation & Amortization	$10.1B
Stock-Based Compensation	$596M
Deferred Income Tax	$761M
Other Non-Cash Items	$206M
Change in Working Capital	$6.3B
OPERATING CASH FLOW	$31.5B
Capital Expenditure	-$10.6B
Acquisitions (Net)	-$1.8B
Purchases of Investments	-$1.9B
Sales/Maturities of Investments	$0
Other Investing Activities	$425M
NET CASH FROM INVESTING	-$13.9B
Net Debt Issuance	-$3.6B
Common Stock Repurchased	-$8.3B
Common Dividends Paid	-$6.2B
Other Financing Activities	-$967M
NET CASH FROM FINANCING	-$19.1B
FREE CASH FLOW	$20.9B
Net Change in Cash	-$1.7B

Balance Sheet

Item	Amount
Cash & Equivalents	$6.9B
Short-Term Investments	$0
Net Receivables	$5.8B
Inventory	$43.0B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$57.7B
PP&E (Net)	$114.2B
Goodwill	$17.0B
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$9.9B
TOTAL NON-CURRENT ASSETS	$141.1B
TOTAL ASSETS	$198.8B
Account Payables	$41.4B
Short-Term Debt	$3.4B
Deferred Revenue	$1.9B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$66.9B
Long-Term Debt	$36.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$9.3B
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$51.4B
TOTAL LIABILITIES	$118.3B
Common Stock	$305M
Additional Paid-In Capital	$2.4B
Retained Earnings	$89.4B
Treasury Stock	$0
Accum. Other Comp. Income	-$14.2B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$77.8B
Minority Interest	$2.7B
TOTAL EQUITY	$80.5B
TOTAL LIABILITIES & EQUITY	$198.8B
Total Debt	$45.9B
Net Debt	$39.1B