Will Aramco Topple Walmart from the Global 500 List?

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Walmart Inc ($NYSE:WMT). is one of the largest companies in the world, having been on the Global 500 list for many years. The massive multinational retail corporation is also the world’s largest private employer, with millions of people employed around the globe. Recently, however, Walmart has been facing stiff competition from Aramco, the Saudi Arabian oil and gas company that recently had a record-breaking initial public offering (IPO). The success of this IPO has many wondering if Aramco can eventually overtake Walmart on the Global 500 list. Aramco is the world’s most profitable company and is now worth nearly three times the market value of Walmart. With its huge cash reserves and massive wealth, Aramco has the potential to challenge Walmart’s status as one of the largest companies in the world. Moreover, Aramco has been expanding rapidly beyond its traditional oil and gas activities, diversifying into renewable energy and other sectors. With its ambitious expansion plans, Aramco may be poised to overtake Walmart in the near future. It remains to be seen if Aramco will succeed in toppling Walmart from the Global 500 list.

However, it is clear that Walmart is in for some tough competition from Aramco in the coming years.

Share Price

Friday saw WALMART INC‘s stock dip slightly by 0.6%, with the stock opening at $159.8 and closing at $158.3. This brings into question whether or not WALMART INC will be able to maintain its position on the Global 500 list, particularly in light of the fact that Saudi Arabia’s Aramco is quickly gaining ground. Aramco’s recent IPO and continued success make it a likely contender to overtake WALMART INC, potentially leading to a shift in power at the top of the list. At this time, it remains unclear as to whether or not this shift in power will take place, but WALMART INC’s future on the list may well depend on its ability to rebound from this setback. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Walmart Inc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Walmart Inc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Walmart Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Walmart Inc are shown below. More…

Analysis

At GoodWhale, we specialize in providing financial analysis on publicly traded companies. We recently evaluated WALMART INC and found it to be a strong company in terms of its asset, dividend, and profitability. However, the Star Chart indicates that it is weak in growth. Investors interested in such a company would likely be purchasing for long-term income, and the stability of the company’s dividend payouts. WALMART INC also has a high health score of 8/10 considering its cashflows and debt, which indicates that it is capable to safely ride out any crisis without the risk of bankruptcy. More…

Peers

The retail industry is highly competitive, with Walmart Inc competing against Target Corp, Sprouts Farmers Market Inc, and Costco Wholesale Corp. All four companies are vying for market share in the retail sector. Walmart Inc is the largest company in the group, followed by Target Corp, Sprouts Farmers Market Inc, and Costco Wholesale Corp. All four companies are publicly traded on the stock exchange.

– Target Corp ($NYSE:TGT)

Target Corp is an American retail corporation. The company was founded in 1902 and is headquartered in Minneapolis, Minnesota. Target operates 1,851 stores across the United States. The company’s store format includes Target, Target Greatland, and SuperTarget. Target is the second-largest discount retailer in the United States, behind Walmart. The company’s revenue for 2018 was $75.4 billion, and its operating income was $5.9 billion. Target’s net income for 2018 was $3.6 billion, and its total assets were $42.5 billion as of December 31, 2018.

– Sprouts Farmers Market Inc ($NASDAQ:SFM)

Sprouts Farmers Market Inc is a grocery store chain that specializes in selling fresh, natural, and organic food. The company has a market capitalization of $3 billion as of 2022 and a return on equity of 21.14%. Sprouts Farmers Market operates more than 340 stores in 22 states across the United States. The company was founded in 2002 and is headquartered in Phoenix, Arizona.

– Costco Wholesale Corp ($NASDAQ:COST)

Costco Wholesale Corporation is the largest membership warehouse club in the United States. As of 2022, it had a market capitalization of 209.47 billion and a return on equity of 24.62%. Costco Wholesale Corporation is a bulk retailer of food, electronics, and other merchandise. It operates through a chain of membership warehouses in the United States and other countries. Costco Wholesale Corporation was founded in 1976 and is headquartered in Issaquah, Washington.

Summary

Walmart Inc. (NYSE: WMT) is a retail giant and one of the largest companies in the world. It is a great investment opportunity for investors due to its consistent financial performance, a presence in most countries, and a strong brand loyalty. Investors can benefit from Walmart’s solid dividend yields and continued growth prospects.

Walmart has a strong balance sheet and cash flows that can support investments in strategic initiatives and growth opportunities. Its competitive advantages include low prices, a wide array of product offerings, economies of scale, and expertise in supply chain management. The company also has a long-term growth strategy that focuses on expanding its digital capabilities, including e-commerce and delivery services, to boost sales and market share.