Walmart Gross Margin 2010-2024 | WMT
- Walmart average gross margin for 2023 was 24.18%, a 2.3% increase from 2022.
- Walmart average gross margin for 2022 was 24.75%, a 1.08% decline from 2021.
- Walmart average gross margin for 2021 was 25.02%, a 1.46% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.