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PROCTER & GAMBLE vs Walmart: revenue, profit, margins and growth compared

PROCTER & GAMBLE brought in $87B of revenue in fiscal 2026, Walmart $713.2B in fiscal 2026. Revenue changed by +3.3% at PROCTER & GAMBLE and +4.7% at Walmart on the year before, so Walmart grew faster. PROCTER & GAMBLE kept 18.4% of its revenue as net profit, Walmart 3.1%. Free cash flow was $15.1B at PROCTER & GAMBLE and $14.9B at Walmart.

Side by side, latest fiscal year

PGWMT
Fiscal year endedFY2026 (June 30, 2026)FY2026 (January 31, 2026)
Revenue$87B$713.2B
Revenue growth+3.3%+4.7%
Net income$16B$21.9B
Net margin18.4%3.1%
Free cash flow$15.1B$14.9B
Free cash flow margin17.4%2.1%
Earnings per share (diluted)$6.62$2.73
Cash$9.9B$10.7B
Debt$29.3B$38.2B
Price to earnings22.139.5
Market value$339.9B$859.3B
Dividend yield2.91%0.87%
Rank by revenue in sector#8 of 778 · Consumer discretionary#2 of 778 · Consumer discretionary

Over the years

Revenue
PG FY2019: $67.7BPG FY2020: $71BPG FY2021: $76.1BPG FY2022: $80.2BPG FY2023: $82BPG FY2024: $84BPG FY2025: $84.3BPG FY2026: $87BWMT FY2019: $514.4BWMT FY2020: $524BWMT FY2021: $559.2BWMT FY2022: $572.8BWMT FY2023: $611.3BWMT FY2024: $648.1BWMT FY2025: $681BWMT FY2026: $713.2BFY19FY20FY21FY22FY23FY24FY25FY26
PG $87BWMT $713.2B
Net income
PG FY2019: $3.9BPG FY2020: $13BPG FY2021: $14.3BPG FY2022: $14.7BPG FY2023: $14.7BPG FY2024: $14.9BPG FY2025: $16BPG FY2026: $16BWMT FY2019: $6.7BWMT FY2020: $14.9BWMT FY2021: $13.5BWMT FY2022: $13.7BWMT FY2023: $11.7BWMT FY2024: $15.5BWMT FY2025: $19.4BWMT FY2026: $21.9BFY19FY20FY21FY22FY23FY24FY25FY26
PG $16BWMT $21.9B
Net margin
PG FY2019: 5.8%PG FY2020: 18.4%PG FY2021: 18.8%PG FY2022: 18.4%PG FY2023: 17.9%PG FY2024: 17.7%PG FY2025: 19.0%PG FY2026: 18.4%WMT FY2019: 1.3%WMT FY2020: 2.8%WMT FY2021: 2.4%WMT FY2022: 2.4%WMT FY2023: 1.9%WMT FY2024: 2.4%WMT FY2025: 2.9%WMT FY2026: 3.1%FY19FY20FY21FY22FY23FY24FY25FY26
PG 18.4%WMT 3.1%
Revenue growth
PG FY2020: +4.8%PG FY2021: +7.3%PG FY2022: +5.3%PG FY2023: +2.3%PG FY2024: +2.5%PG FY2025: +0.3%PG FY2026: +3.3%WMT FY2020: +1.9%WMT FY2021: +6.7%WMT FY2022: +2.4%WMT FY2023: +6.7%WMT FY2024: +6.0%WMT FY2025: +5.1%WMT FY2026: +4.7%FY20FY21FY22FY23FY24FY25FY26
PG +3.3%WMT +4.7%
Free cash flow
PG FY2019: $11.9BPG FY2020: $14.3BPG FY2021: $15.6BPG FY2022: $13.6BPG FY2023: $13.8BPG FY2024: $16.5BPG FY2025: $14BPG FY2026: $15.1BWMT FY2019: $17.4BWMT FY2020: $14.6BWMT FY2021: $25.8BWMT FY2022: $11.1BWMT FY2023: $12BWMT FY2024: $15.1BWMT FY2025: $12.7BWMT FY2026: $14.9BFY19FY20FY21FY22FY23FY24FY25FY26
PG $15.1BWMT $14.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about PROCTER & GAMBLE and Walmart

Which is bigger by revenue, PROCTER & GAMBLE or Walmart?

Walmart is bigger by revenue: $713.2B in fiscal 2026, against $87B for PROCTER & GAMBLE in fiscal 2026.

Which keeps more of its revenue as profit, PROCTER & GAMBLE or Walmart?

PROCTER & GAMBLE had a net margin of 18.4% in fiscal 2026; Walmart had 3.1% in fiscal 2026.

Which grew revenue faster, PROCTER & GAMBLE or Walmart?

In their latest fiscal years revenue changed by +3.3% at PROCTER & GAMBLE and +4.7% at Walmart.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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