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Walmart Inc. Common Stock (WMT) — WACC Analysis

WACC Breakdown

Walmart Inc. Common Stock (WMT) has a weighted average cost of capital (WACC) of 7.6%. The cost of equity is 7.8%, derived from a beta of 0.41 and a risk-free rate of 5.3%. The after-tax cost of debt is 3.1%. The capital structure is 94.8% equity and 5.2% debt.

Interpretation

A WACC of 7.6% suggests that the market views Walmart Inc. Common Stock as relatively low-risk, with a lower cost of financing.

Investors can compare WMT's WACC of 7.6% against industry peers to gauge its relative financing costs. A beta of 0.41 reflects the stock's volatility relative to the broader market.

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VALUATION

WMT WACC: 7.60% for Walmart Inc. Common Stock

Current inputs imply a 7.85% cost of equity and a 3.96% pre-tax cost of debt. Use this discount rate as a starting point for DCF validation.

[01]Current Market Data
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[02]
WACC Calculation Process
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Market Data Loaded
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Company Data Fetched
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Beta Calculated (5Y)
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Inputs Auto-Populated
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WACC Calculated
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Step 2: Enter Ticker Symbol
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Step 4: Review Auto-Populated WACC Inputs

Values are automatically populated from real data. You can adjust them manually if needed.

4.30%
1.000
4.23%
5.00%
21.00%
70.00%
Debt: 30.00%Equity: 70.00%

Please enter a valid company ticker to calculate WACC

Walmart Inc. Common Stock Common Stock (WMT) WACC Results
Weighted Average Cost of Capital
7.60%
Cost of Equity
7.85%
Risk-Free Rate5.28%
Beta0.41
Market Risk Premium4.23%
Cost of Debt
3.13%
Pre-Tax Cost of Debt3.96%
Tax Rate21.00%
Tax Shield0.83%
Capital Structure
Equity: 94.81%($858.11B)
Debt: 5.19%($46.94B)
Equity Component
7.44%
94.81% × 7.85%
Debt Component
0.16%
5.19% × 3.13%

Walmart Inc. Common Stock (WMT) WACC in context

Walmart Inc. Common Stock (WMT) currently screens with an estimated WACC of 7.60%. That blends a 7.85% cost of equity, a 3.96% pre-tax cost of debt, and a 94.81% equity weight into the discount rate you would typically use in a DCF model.

screens as a relatively low discount rate, which usually supports higher DCF values.

What WMT WACC implies

A 7.60% discount rate screens as a relatively low discount rate, which usually supports higher DCF values.

How this page calculates WMT

This page combines CAPM-based cost of equity with SEC-derived debt and capital structure inputs. The current beta is 0.41 and equity accounts for 94.81% of capital.

What to do next

Validate business quality on the company page, then carry the same discount-rate assumptions into the DCF page to test fair value sensitivity.

Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.

WMT WACC: 7.60% — Walmart Inc. Common Stock Cost of Capital (October 2026) | DeepViews