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Net Income Per Common Share
12 Months Ended
Jan. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share
Basic net income per common share attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period. Diluted net income per common share attributable to Walmart is based on the weighted-average common shares outstanding during the relevant period adjusted for the dilutive effect of share-based awards as determined under the treasury stock method. The Company did not have significant share-based awards outstanding that were antidilutive and not included in the calculation of diluted net income per common share attributable to Walmart for fiscal 2025, 2024 and 2023.
The following table provides a reconciliation of the numerators and denominators used to determine basic and diluted net income per common share attributable to Walmart:
Fiscal Years Ended January 31,
(Amounts in millions, except per share data)202520242023
Numerator
Consolidated net income$20,157 $16,270 $11,292 
Consolidated net (income) loss attributable to noncontrolling interest(721)(759)388 
Consolidated net income attributable to Walmart$19,436 $15,511 $11,680 
Denominator
Weighted-average common shares outstanding, basic8,041 8,077 8,171 
Dilutive impact of stock options and other share-based awards40 31 31 
Weighted-average common shares outstanding, diluted8,081 8,108 8,202 
Net income per common share attributable to Walmart
Basic$2.42 $1.92 $1.43 
Diluted2.41 1.91 1.42