Target vs Walmart
Walmart is the larger business, with $713.16bn of revenue in fiscal 2026 against $104.78bn for Target (6.8 times as much). Walmart grew faster (4.7% against -1.7%). Target kept more of each dollar of sales as profit: a net margin of 3.5% against 3.1%.
| Latest fiscal year | TargetTGT, 2026 | WalmartWMT, 2026 |
|---|---|---|
| Revenue | $104.78bn | $713.16bn |
| Revenue growth | -1.7% | 4.7% |
| Net income | $3.71bn | $21.89bn |
| Operating margin | 4.9% | — |
| Net margin | 3.5% | 3.1% |
| Return on equity | 24.0% | 23.0% |
| Free cash flow | $2.83bn | $14.92bn |
| Cash | $5.49bn | $10.73bn |
| Total debt | $14.40bn | $38.17bn |
| Debt to equity | 89.1% | — |
| Dividend per share | $4.54 | $0.94 |
| Dividend yield | 2.9% | 0.8% |
| Share buybacks | $408m | $8.09bn |
| Employees | 415,000 | 2,100,000 |
| Market value | $69.75bn | $995.53bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 59 (Moderate) | 54 (Moderate) |
| Insider trades, 12 months | 0 buys, 9 sales | 0 buys, 109 sales |