Walmart began in 1962 in the United States as a single discount store with the objective of selling more for less price. After evolving for 61 years, it currently has supercenters, discount stores, and neighborhood markets worldwide.
With over 10,500 stores worldwide. Walmart was able to generate revenue of $611 billion in 2023.
So, what is the state of Walmart in 2024? Let us take a look at it through facts and figures. We have thoroughly researched and compiled all the latest Walmart statistics you need to know.
Top Walmart Statistics of 2024
- Walmart generated a revenue of $611 billion worldwide in 2023.
- Walmart generates over more than $1.56 billion in revenue daily.
- Walmart has 10,616 stores and clubs across 19 countries as of 2024.
- There are 4,618 Walmart locations in the United States.
- Walmart serves more than 37 million customers every day and more than 230 million customers every week.
- Walmart.com owns 6.3% of the market share in the United States as of 2024.
- $53,921 million worth of sales was generated by Walmart’s e-commerce.
- Walmart’s international stores generated net sales of $81.1 billion.
- There were 2.3 million associates appointed worldwide, and 1.6 million associates are in the United States.
General Walmart Statistics
Here are some general statistics related to Walmart:
- Indian e-commerce giant Flipkart is owned by Walmart. It has a 39% share of the Indian e-commerce market.
- 56% of Walmart’s net sales are in the grocery category. Shoppers are mostly found buying groceries at Walmart.
- Walmart spent $3.1 billion on advertisem*nts.
Walmart Stores Worldwide
- As of 2024, Walmart had approximately 10,616 retail stores around the globe. Additionally, they operate 210 distribution facilities.
Comparatively, there were 10,622 Walmart stores in the year 2023.
These numbers spread light on the fact that the number of Walmart stores has decreased tremendously. This is due to the termination of Walmart stores in the United Kingdom and Japan at the beginning of the fiscal year 2022.
![Walmart Statistics 2024 - Stores, Revenue & More (1) Walmart Statistics 2024 - Stores, Revenue & More (1)](https://i0.wp.com/www.demandsage.com/wp-content/uploads/2024/03/Number-Of-Walmart-Stores-Worldwide-.png)
The following table displays the number of Walmart stores worldwide over the years:
Year | A Number Of Walmart Stores |
---|---|
2024 | 10,616 |
2023 | 10,622 |
2022 | 10,593 |
2021 | 11,443 |
2020 | 11,501 |
2019 | 11,361 |
2018 | 11,718 |
2017 | 11,695 |
2016 | 11,528 |
2015 | 11,453 |
- There are around 5,100 Walmart retail stores worldwide as of 2024.
Year | Number Of Retail Stores | Number Of Wholesale Stores |
---|---|---|
2016 | 5,899 | 358 |
2017 | 5,962 | 356 |
2018 | 5,945 | 365 |
2019 | 5,669 | 306 |
2020 | 5,815 | 313 |
2021 | 5,762 | 321 |
2022 | 4,919 | 332 |
2023 | 4,968 | 338 |
2024 | 5,100 | N/A |
Source: Statista.
Number Of Walmart Stores By Division
- Sam’s Club operates around 600 stores. It is a chain of memberships owned and operated by Walmart’s retail warehouse clubs.
On the other hand, Walmart International operates 4,615 stores, and Walmart US operates approximately 5,402 stores.
The following table will give you an essence of the Walmart store’s different segments like Walmart US segment, Walmart international segment, and Sam’s Club segment.
Year | Walmart US Stores | Walmart International Stores | Sams Club Stores |
---|---|---|---|
2010 | 3,755 | 4,099 | 605 |
2011 | 3,804 | 4,557 | 609 |
2012 | 3,868 | 5,287 | 611 |
2013 | 4,005 | 5,783 | 620 |
2014 | 4,203 | 6,107 | 632 |
2015 | 4,516 | 6,290 | 647 |
2016 | 4,574 | 6,299 | 655 |
2017 | 4,672 | 6,363 | 660 |
2018 | 4,761 | 6,360 | 597 |
2019 | 4,769 | 5,993 | 599 |
2020 | 4,756 | 6,146 | 599 |
2021 | 4,743 | 6,101 | 599 |
2022 | 4,742 | 5,251 | 600 |
2023 | 4,717 | 5,305 | 600 |
2024 | 4,615 | 5,402 | 599 |
Source: Statista.
Number of Walmart Stores In The US
- As of 2024, there are 5,207 in total Walmart stores in the United States.
Of these, 3,548 stores are supercenters, 680 are neighborhood markets, and 356 are discount stores.
Besides, there are 22 small format stores and 594 Sam’s Club stores.
Year | Supercenters | Neighborhood Markets | Discount Stores |
---|---|---|---|
2017 | 3,552 | 735 | 415 |
2018 | 3,561 | 800 | 400 |
2019 | 3,570 | 813 | 386 |
2020 | 3,571 | 809 | 376 |
2021 | 3,570 | 799 | 374 |
2022 | 3,573 | 799 | 370 |
2023 | 3,572 | 781 | 364 |
2024 | 3,548 | 680 | 3,548 |
Source: Statista.
How Many Countries Have Walmart?
- Walmart International operates in Africa, Canada, Central America, China, India, Chile and Mexico. It also had stores in the United Kingdom and Japan before 2022.
Walmart has the most number of stores in Mexico, There are a total of 2,862 Walmart stores in Mexico as of January 2023.
Central America has 864 stores.
![Walmart Statistics 2024 - Stores, Revenue & More (2) Walmart Statistics 2024 - Stores, Revenue & More (2)](https://i0.wp.com/www.demandsage.com/wp-content/uploads/2024/03/Number-Of-Walmart-Stores-In-Different-Countries.png)
The following table displays the number of Walmart stores in different countries worldwide:
Country | Number Of Walmart Stores |
---|---|
Mexico | 2,862 |
Central America | 864 |
Africa | 375 |
Canada | 402 |
China | 365 |
Chile | 392 |
India | 28 |
Source: Statista.
Walmart Revenue And Market Value
The strongest segment of Walmart in terms of revenue is Walmart US. It operates retail stores in Walmart’s domestic market and generates most of its revenue.
Let us take a look at the revenue generated by Walmart.
- Walmart generated $611 billion in revenue worldwide in 2023.
In 2022, Walmart generated $572.75 billion in revenue. This was a 7% increase in the revenue generated compared to the previous year.
![Walmart Statistics 2024 - Stores, Revenue & More (3) Walmart Statistics 2024 - Stores, Revenue & More (3)](https://i0.wp.com/www.demandsage.com/wp-content/uploads/2024/03/Revenue-Generated-By-Walmart.png)
The following table displays the revenue generated by Walmart over the years.
Year | Revenue Generated |
---|---|
2023 | $611 billion |
2022 | $572.75 billion |
2021 | $559.15 billion |
2020 | $523.96 billion |
2019 | $514.41 billion |
2018 | $500.34 billion |
2017 | $485.87 billion |
2016 | $482.13 billion |
- The retailers’ global profit amounted to 23.5% in the fiscal year 2023. Walmart has witnessed a stable gross profit margin since the year 2006.
The following table displays the gross profit margin of Walmart around the globe.
Year | Gross Profit Margin |
---|---|
2006 | 23.1% |
2007 | 23.4% |
2008 | 24.1% |
2009 | 24.3% |
2010 | 24.9% |
2011 | 24.8% |
2012 | 24.5% |
2013 | 24.3% |
2014 | 24.3% |
2015 | 24.3% |
2016 | 24.6% |
2017 | 24.9% |
2018 | 24.7% |
2019 | 24.5% |
2020 | 24.1% |
2021 | 24.3% |
2022 | 24.4% |
2023 | 23.5% |
- The global operating income of Walmart amounted to $20.42 billion as of the year 2023.
The following table displays the operating income of Walmart worldwide over the years.
Year | Operating Income Of Walmart Worldwide |
---|---|
2006 | $18.69 billion |
2007 | $20.5 billion |
2008 | $21.92 billion |
2009 | $22.77 billion |
2010 | $23.97 billion |
2011 | $25.51 billion |
2012 | $26.49 billion |
2013 | $27.73 billion |
2014 | $26.87 billion |
2015 | $27.15 billion |
2016 | $24.11 billion |
2017 | $22.76 billion |
2018 | $20.44 billion |
2019 | $21.96 billion |
2020 | $20.57 billion |
2021 | $22.55 billion |
2022 | $25.94 billion |
2023 | $20.42 billion |
- Walmart’s net income was recorded to be $11.68 billion as of the year 2023 It was comparatively lower as compared to that of the year 2022.
The following table displays the net income of Walmart throughout the world over the past years.
Year | Walmart’s Net Income Worldwide |
---|---|
2010 | 14,883 |
2011 | 16,993 |
2012 | 16,387 |
2013 | 17,756 |
2014 | 16,695 |
2015 | 17,099 |
2016 | 15,080 |
2017 | 14,293 |
2018 | 10,523 |
2019 | 7,179 |
2020 | 15,201 |
2021 | 13,706 |
2022 | 13,940 |
2023 | 11,680 |
Source: Statista.
Interesting Fact: Walmart has grabbed the first position in the Fortune 500 list for 2023 due to its highest revenue worldwide in the past year.
- By serving millions of consumers, Walmart makes more than $1.56 billion daily as of 2024. Besides, every second consumer all over the world tends to spend $15,288 in Walmart.
Walmart MarketShare
- Walmart accounted for 6.3% of the US e-commerce market share, making it the second biggest online retailer in the country. Amazon owns the highest market share at 37.8%.
The following table displays the market share of the top retail e-commerce companies in the US as of 2024:
Company | E-Commerce Market Share |
---|---|
Amazon | 37.8% |
Walmart | 6.3% |
Apple | 3.9% |
eBay | 3.5% |
Target | 2.1% |
The home depot | 2.1% |
Best buy | 1.6% |
Costco | 1.6% |
Carvana | 1.5% |
Kroger | 1.4% |
Wayfair | 1.1% |
Chewy | 1% |
Macy’s | 0.9% |
Lowe’s | 0.9% |
Qurate Retail Group | 0.7% |
- Walmart ranks fourth biggest online store worldwide.
Walmart Customer Statistics
Customer loyalty and trust have made Walmart one of the top retail stores. Millions of customers visit Walmart daily to purchase their daily necessities and other required products. Let us take a look at Walmart’s statistics related to customers.
- Every day, Walmart serves more than 37 million customers. Besides, in the US, just one supercenter provides service to an average of 10,000 customers daily.
- Approximately 230 million customers visit Walmart every week throughout the world. However, its weekly customers in the year 2021 were approximately 240 million, which was comparatively higher.
The following table displays the number of weekly customer visits to Walmart stores worldwide over the years.
Year | Weekly Customer Visits |
---|---|
2017 | 260 million |
2018 | 270 million |
2019 | 275 million |
2020 | 265 million |
2021 | 240 million |
2022 | 230 million |
2023 | 237 million |
Source: Statista.
Walmart Employee Statistics
- Globally, Approximately 2.1 million employees work at Walmart as of 2024. Of these, 1.6 million employees work in the US.
- On average, an employee at works at Walmart for 3.3 years.
- 55% of the workforce at Walmart is reported to be female in the United States and around the globe. At the same time, 45% are male employees.
- 63% of the Employees at Walmart are white, while 15% are Hispanic or Latino. Only 12% of employees are Black or African American.
The following table displays the percentage of different races working in Walmart.
Race/Ethnicity | Percentage Of Employees |
---|---|
White | 62.9% |
Hispanic | 15.2% |
Black or African American | 12.8% |
Asian | 5.9% |
Unknown | 3.3% |
- There has been a 4% increase in the management positions held by people of color since 2019.
- Walmart received over 1 million job applications during the pandemic. Besides, they hired around 5,000 people daily using a quick hiring process.
- 54% of the employees at Walmart are in the age group of 20 to 30 years.
- The average employee at Walmart makes $31,618 annually.
Source: Zippia, Fortunately.
Walmart Product Statistics
- Bananas are the best-selling item in Walmart stores.
- Walmart sells more than 75 million different products.
- During the pandemic, Walmart witnessed an increased demand for game consoles, hygiene products, and toilet paper.
Walmart Sales Worldwide
- Around $605 billion was generated by Walmart as net sales as of 2023. Out of which, approximately 16.6% of Walmart sales came from the Walmart international division, 69.4% was from Walmart US, and 13.9% was from Sam’s Club.
The following table displays the number share of Walmart’s net sales by division as of the fiscal year 2023.
Division | Share of Walmart’s Net Sales Worldwide |
---|---|
Walmart US | 69.4% |
Walmart International | 16.6% |
Sams Club | 13.9% |
- Walmart International’s net sales amounted to $101 billion as of 2022. There was a decrease of $21 billion as compared to the previous year.
On the other hand, Walmart US generated $393.25 billion in net sales, and Sam’s Club generated $73.56 billion.
The following table shows Walmart’s net sales over the past years worldwide.
Year | Walmart US | Walmart International | Sam’s Club |
---|---|---|---|
2008 | 238.92 billion | 90.57 billion | 44.34 billion |
2009 | 256.97 billion | 96.14 billion | 47.98 billion |
2010 | 259.92 billion | 97.41 billion | 47.81 billion |
2011 | 260.26 billion | 109.23 billion | 49.46 billion |
2012 | 264.19 billion | 125.44 billion | 53.8 billion |
2013 | 274.43 billion | 134.75 billion | 56.42 billion |
2014 | 279.41 billion | 136.51 billion | 57.16 billion |
2015 | 288.05 billion | 136.16 billion | 58.02 billion |
2016 | 298.38 billion | 123.41 billion | 56.83 billion |
2017 | 307.83 billion | 116.12 billion | 57.37 billion |
2018 | 318.48 billion | 118.07 billion | 59.22 billion |
2019 | 331.67 billion | 120.82 billion | 57.84 billion |
2020 | 341 billion | 120..13 billion | 58.79 billion |
2021 | 369.96 billion | 121.36 billion | 63.91 billion |
2022 | 393.25 billion | 100.96 billion | 73.56 billion |
2023 | 420.55 | 100.98 | 84.35 |
- Edible groceries generated the highest revenue for the US retail chain of Walmart as of 2022. It is estimated that by the end of the year 2027, the value of edible groceries will reach $300 billion.
The following table displays the estimated net sales of Walmart according to the category in 2022 and 2027.
Category | 2022 | 2027 |
---|---|---|
Edible grocery | 271.8 billion | 316.5 billion |
Electricals | 74.8 billion | 88.9 billion |
Home and DIY | 54.8 billion | 67.1 billion |
Leisure and entertainment | 43.5 billion | 50.5 billion |
Fashion and Apparel | 38.6 billion | 44.9 billion |
Household and Petcare | 35.7 billion | 41.9 billion |
Health and beauty | 23 billion | 27.9 billion |
Other | 22.3 billion | 26.9 billion |
office | 12.7 billion | 15.3 billion |
Food Service | 5.2 billion | 5.9 billion |
- The leading banner of Walmart was Walmart Supercenter as of 2022. It recorded 369 billion US dollars in sales.
The following table displays the net sales of Walmarts leading banners in the year 2022 and the forecasted sales in 2027.
Banner | 2022 | 2027 |
---|---|---|
Walmart Supercenter | 369 billion | 417.4 billion |
Sam’s Club | 77.4 billion | 89.7 billion |
Walmart.com | 27.7 billion | 38.7 billion |
Walmart | 20.8 billion | 21.5 billion |
Waalmart.com Grocery | 19.3 billion | 28 billion |
Flipkart.com | 11.8 billion | 18.7 billion |
Walmart neighborhood market | 9.2 billion | 9.1 billion |
SamsClub.com | 8.6 billion | 13.4 billion |
- The leading banner of Walmart in terms of compound annual growth rate is Flipkart. It is expected to generate approximately 9.7% growth between 2022 and 2027.
The following table displays the Walmart sales CAGR by banner as of 2022.
Banner | Sales CAGR |
---|---|
Flipkart | 9.7% |
SamsClub.com | 9.4% |
Walmart.com Grocery | 7.7% |
Walmart.com | 6.9% |
Sams Club | 3% |
Walmart Supercenter | 2.5% |
Walmart | 0.7% |
Walmart Neighbourhood Market | -0.2% |
- It is estimated that Walmart International will generate $29.7 billion in net e-commerce sales and $87.9 billion from store-based sales in 2024.
The following table displays the net sales of Walmart International over the past few years.
Year | E-Commerce Sales | Store-Based Sales |
---|---|---|
2021 | 22.5 billion | 77.5 billion |
2022 | 25.3 billion | 81.1 billion |
2023 | 27.7 billion | 84.5 billion |
2024 | 29.7 billion | 87.9 billion |
2025 | 31.4 billion | 91.2 billion |
- Walmart International registered sales of around $36 billion in Central America and Mexico.
The following table displays the International net sales of Walmart over the past years.
Country | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
Mexico and Central America | 31,790 | 33,350 | 32,642 | 35,964 |
United Kingdom | 30,547 | 29,243 | 29,234 | 3,811 |
Canada | 18,613 | 18,420 | 19,991 | 21,773 |
China | 10,702 | 10,671 | 11,430 | 13,852 |
Other | 29,172 | 28,446 | 28,063 | 25,559 |
Source: Statista.
Walmart e-Commerce Sales
- Walmart US generated e-commerce sales of $53.4 billion in the year 2023.
Additionally, Walmart operates through Walmart International as well as Sam’s club. The e-commerce sales generated through them were $20.3 million and $8.4 million, respectively, as of the year 2023.
The following table displays Walmart’s online sales worldwide by division over the past years.
Year | Walmart US | Walmart International | Sam’s Club |
---|---|---|---|
2019 | $15.7 billion | $6.7 billion | $2.7 billion |
2020 | $24.1 billion | $11.8 billion | $3.8 billion |
2021 | $43 billion | $16.6 billion | $5.3 billion |
2022 | $47.8 billion | $18.5 billion | $6.9 billion |
2023 | $53.4 billion | $20.3 billion | $8.4 billion |
- Approximately 98% of Walmart’s sales in India came from e-commerce. In North America, the highest proportion of Walmart sales came from Canada.
Let us take a look at the e-commerce share of Walmart sales in key markets.
The following table displays the e-commerce shares owned by the key markets of Walmart.
Country | E-Commerce Share Of Walmart Sales |
---|---|
India | 97.8% |
Canada | 17.5% |
United States | 11.5% |
China | 10% |
Mexico | 3.1% |
South Africa | 2% |
Traffic On Walmart.Com
- Walmart.com receives over 430 million average monthly visits.
Source: Statista.
Walmart Theft And Crime
- At least one violent crime was reported at Walmart stores every day as of 2016. It was after the company introduced cost-cutting policies which led to a reduction in security. These crimes included everything from stabbing to kidnapping attempts.
- $3 billion is lost by Walmart per year due to theft. In recent years Walmart took the initiative to introduce new measures to avoid theft and reduce losses by adding surveillance, staff training, using AI, and restricting people with records of shoplifting.
Walmart Competitors
Let us take a look at the net worth of the top competitors of Walmart.
- Amazon’s net revenue was almost $575 billion in the fiscal year 2023. These numbers have tremendously increased since 2019.
The following table displays the net worth of Amazon over the past few years.
Year | Net Worth Of Amazon |
---|---|
2023 | $574.78 billion |
2022 | $513.98 billion |
2021 | $469.82 billion |
2020 | $386.06 billion |
2019 | $280.52 billion |
2018 | $232.89 billion |
2017 | $177.87 billion |
- The yearly net sales of Costco have increased from $110.2 billion in 2014 to $237.7 billion as of 2023. It gained popularity worldwide as a members-only wholesale retailer with warehouse-style stores.
The following table displays the net sales revenue of Costco worldwide over the years.
Year | Net Worth Of Costco |
---|---|
2023 | $237.7 billion |
2022 | $222.7 billion |
2021 | $192.1 billion |
2020 | $163.2 billion |
2019 | $149.3 billion |
2018 | $138.4 billion |
2017 | $126.1 billion |
2016 | $116.1 billion |
Walmart History
- On July 2, 1962, the first Walmart store was opened by Sam Walton in Rogers, Arkansas. What happened next?
Let us take a look at the evolution of Walmart over the past years.
Year | Event |
---|---|
2nd July 1962 | Sam Walton opened the first Walmart store. |
1967 | Walton’s family generated $12.7 million in sales from 24 stores. |
1969 | The company was officially incorporated as Wal-Mart Stores, Inc. |
1970s. | Walmart went national. |
1980s. | First Sam’s Club and the first supercenter were opened. |
1990s. | Walmart became the nation’s no. 1 retailer. |
2000s. | Walmart.com was founded to allow US customers to shop online. |
2010s. | Walmart celebrates 50 years of helping people save money in 2012. It encouraged culinary innovation. |
2020s. | Walton’s family generated $12.7 million in sales from 24 stores. |
2022. | Walmart reaches 30 million US homes through In-Home delivery. It also celebrated its 60th anniversary. |
2023 | Walmart has crossed the mark of 10,600 stores. |