As a successful seller myself, I know that understanding the finances and earnings of retail giants like Walmart can provide valuable competitive insights. So in this post, I‘ll dive into exactly how much money Walmart makes per second, minute, hour, day and beyond.
Walmart‘s Revenue Per Second, Minute & Hour
First, let‘s look at Walmart‘s earnings per second:
- In 2021, Walmart reported total revenue of $573 billion .
- That divides out to Walmart making $18,192 per second in total revenue.
- With a profit margin of around 3-4% , Walmart earns roughly $545 – $728 in profit per second.
So for us as sellers, it‘s mind-blowing that Walmart is bringing in over $18,000 in sales every single second.
Expanding out to per minute:
- Per minute, Walmart makes about $1.1 million in total revenue.
- They likely pocket $32,700 – $43,600 in profit per minute.
And per hour:
- Every hour, Walmart pulls in approximately $66.6 million in total sales.
- They earn between $1.96 million – $2.6 million in profit every hour.
As sellers, visualizing Walmart‘s earnings broken down like this really shows the sheer scale of their business and income.
How Much Walmart Makes In a Day, Month and Year
Now, let‘s look at Walmart‘s massive daily, monthly and yearly earnings:
- In total sales per day, Walmart makes around $1.6 billion.
- Their daily profit is roughly $47 million – $63 million.
- Per month, Walmart has total sales of approximately $48.5 billion.
- Their monthly profit comes out to around $1.4 billion – $1.9 billion.
- In 2021, Walmart had total annual revenue of $573 billion.
- Their yearly profit was about $17.3 billion.
To put their daily revenue into perspective, Walmart makes more per minute than the average US household earns per year!
Walmart‘s Business Model and Operations
To understand how Walmart earns such staggering sums, it helps to understand their business model and operations:
- Walmart has over 11,500 stores worldwide that serve approximately 265 million customers every week .
- 90% of Americans live within 10 miles of a Walmart store .
- Walmart has a massive workforce, employing over 2.2 million associates worldwide .
- They have a presence across sectors like groceries, apparel, home goods, auto, pharmacy and more.
- Walmart focuses heavily on volume, offering low prices and one-stop shopping.
- Their supply chain and distribution infrastructure are unmatched in efficiency.
This extensive brick-and-mortar footprint, combined with ruthless efficiency, allows Walmart to move huge volumes of merchandise and keep prices low.
Walmart‘s Future Outlook and Competition
Looking ahead, Walmart is focused on expanding ecommerce and leveraging technology:
- They aim to grow online sales rapidly, investing in services like curbside pickup.
- Walmart is competing fiercely with Amazon for online market share.
- Amazon‘s total 2021 revenue was around $470 billion vs Walmart‘s $573 billion .
- But Walmart‘s profit margin is higher at around 3-4% vs 1-2% for Amazon .
|2021 Total Revenue||$573 billion||$470 billion|
|Net Profit Margin||3-4%||1-2%|
As a seller myself, I‘m keeping an eye on how this retail battle shapes up, as it could significantly impact the ecommerce landscape. But Walmart‘s sheer scale and brick-and-mortar leadership will likely keep them earnings billions for years to come.
Walmart‘s size and dominance in retail is undeniable. As we‘ve explored here, they are earning over:
- $18,000 per second in revenue
- $1.1 million per minute in sales
- $1.6 billion per day in total earnings
For us as sellers, these figures are mind-boggling but also illuminating in terms of the competitive landscape. Both Walmart and Amazon are shaping retail, so keeping an eye on their growth and earnings can provide useful insights. My key takeaway – don‘t underestimate these retail giants! Their scale and profits per second reveal just how massive their operations truly are.