Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $572.8B | $611.3B | $648.1B | $681.0B | $713.2B |
| YoY | — | +6.7% | +6.0% | +5.1% | +4.7% |
| Cost of goods sold | $429.0B | $463.7B | $490.1B | $511.8B | $535.4B |
| YoY | — | +8.1% | +5.7% | +4.4% | +4.6% |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | $117.8B | $127.1B | $131.0B | $139.9B | $147.9B |
| YoY | — | +7.9% | +3.0% | +6.8% | +5.8% |
| Operating income | $25.9B | $20.4B | $27.0B | $29.3B | $29.8B |
| YoY | — | -21.3% | +32.2% | +8.6% | +1.6% |
| Pretax income | $18.7B | $17.0B | $21.8B | $26.3B | $29.5B |
| YoY | — | -9.0% | +28.4% | +20.4% | +12.0% |
| Income tax | $4.8B | $5.7B | $5.6B | $6.2B | $7.2B |
| YoY | — | +20.4% | -2.6% | +10.3% | +17.0% |
| Net income | $13.7B | $11.7B | $15.5B | $19.4B | $21.9B |
| YoY | — | -14.6% | +32.8% | +25.3% | +12.6% |
| EPS — basic | $1.63 | $1.43 | $1.92 | $2.42 | $2.74 |
| YoY | — | -12.3% | +34.3% | +26.0% | +13.2% |
| EPS — diluted | $1.62 | $1.42 | $1.91 | $2.41 | $2.73 |
| YoY | — | -12.3% | +34.5% | +26.2% | +13.3% |
| Weighted shares — basic | 8.38B | 8.17B | 8.08B | 8.04B | 7.98B |
| Weighted shares — diluted | 8.41B | 8.20B | 8.11B | 8.08B | 8.02B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash & equivalents | $14.8B | $8.6B | $9.9B | $9.0B | $10.7B |
| YoY | — | -41.6% | +14.4% | -8.4% | +18.7% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $8.3B | $7.9B | $8.8B | $10.0B | $11.2B |
| YoY | — | -4.2% | +10.9% | +13.4% | +12.0% |
| Inventory | $56.5B | $56.6B | $54.9B | $56.4B | $58.9B |
| YoY | — | +0.1% | -3.0% | +2.8% | +4.3% |
| Total current assets | $81.1B | $75.7B | $76.9B | $79.5B | $84.9B |
| YoY | — | -6.7% | +1.6% | +3.4% | +6.8% |
| Total assets | $244.9B | $243.2B | $252.4B | $260.8B | $284.7B |
| YoY | — | -0.7% | +3.8% | +3.3% | +9.1% |
| Total current liabilities | $87.4B | $92.2B | $92.4B | $96.6B | $107.5B |
| YoY | — | +5.5% | +0.2% | +4.5% | +11.3% |
| Total liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total equity | $83.3B | $76.7B | $83.9B | $91.0B | $99.6B |
| YoY | — | -7.9% | +9.3% | +8.5% | +9.5% |
| Shares outstanding | — | — | — | — | — |
| YoY | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Operating cash flow | $24.2B | $28.8B | $35.7B | $36.4B | $41.6B |
| YoY | — | +19.3% | +23.9% | +2.0% | +14.1% |
| Capital expenditures | $13.1B | $16.9B | $20.6B | $23.8B | $26.6B |
| YoY | — | +28.6% | +22.2% | +15.4% | +12.0% |
| Free cash flow | $11.1B | $12.0B | $15.1B | $12.7B | $14.9B |
| YoY | — | +8.2% | +26.2% | -16.3% | +17.9% |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $9.8B | $9.9B | $2.8B | $4.5B | $8.1B |
| YoY | — | +1.4% | -72.0% | +61.7% | +80.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | 4.5% | 3.3% | 4.2% | 4.3% | 4.2% |
| Net margin | 2.4% | 1.9% | 2.4% | 2.9% | 3.1% |
| Free cash flow margin | 1.9% | 2.0% | 2.3% | 1.9% | 2.1% |
| Effective tax rate | 25.4% | 33.6% | 25.5% | 23.4% | 24.4% |
| Current ratio | 0.93x | 0.82x | 0.83x | 0.82x | 0.79x |
| Total liabilities / equity | — | — | — | — | — |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| WMT FY26 · this stock | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PEP FY25 | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
| MDLZ FY25 | $38.5B | +5.8% | 28.4% | 9.2% | 6.4% | 8.4% |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.