As of Q4'26 (2026-01-31), Walmart's latest Operating ROA stands at 1.49%, with ROE at 4.25% and ROIC at 3.09%. These figures reflect a slight decline from the previous quarter, indicating some recent pressure on profitability metrics. Over the period from Q1'24 to Q4'26, all three metrics—ROA, ROE, and ROIC—have exhibited notable volatility. After peaking in Q2'24 (ROA at 3.09%, ROE at 9.92%, ROIC at 5.91%), each metric experienced a sharp drop in Q3'24, followed by moderate recovery and relative stabilization through 2025. A brief resurgence is observed in Q2'26, but the latest quarters show a downward trend, suggesting ongoing challenges in sustaining higher returns on assets, equity, and invested capital.