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As of Q4'26 (2026-01-31), Walmart's EV/EBITDA ratio has surged to 80.81, marking a dramatic increase from the previous quarter's value of 20.76. This latest data point represents a significant deviation from the historical range observed over the covered period. From Q1'24 to Q3'26, the EV/EBITDA ratio for Walmart generally fluctuated between approximately 12.79 and 20.76, with moderate volatility and a gradual upward trend in the latter quarters. However, the sharp spike in Q4'26 stands out as a major outlier, suggesting either a substantial change in enterprise value, EBITDA, or a one-time event impacting the ratio. This sudden jump warrants further investigation, as it breaks the previously established pattern of relative stability and incremental growth over the reported timeframe.