Walmart Calculated Tax Rate Trend from 2010 to 2020

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WMT -- USA Stock  

Earnings Report: May 21, 2020  

Walmart Calculated Tax Rate yearly trend continues to be comparatively stable with very little volatility. Calculated Tax Rate will likely drop to 31.23 in 2020. From the period from 2010 to 2020, Walmart Calculated Tax Rate quarterly data regression had r-value of 0.16 and coefficient of variation of  6.37. Walmart Gross Profit is comparatively stable at the moment as compared to the last year. Walmart reported Gross Profit of 109.03 Billion in 2019. Net Income is likely to grow to about 14.4 B in 2020, whereas Cost of Revenue is likely to drop slightly above 289.8 B in 2020. Check Walmart fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 330.4 B, Consolidated Income of 12.7 B or Cost of Revenue of 289.8 B, as well as many exotic indicators such as Interest Coverage of 12.86, Long Term Debt to Equity of 0.7509 or Calculated Tax Rate of 31.23. This can be a perfect complement to check Walmart Valuation or Volatility. It can also complement various Walmart Technical models. Check out the analysis of Walmart Correlation with competitors.

Walmart Calculated Tax Rate Marginal Breakdown

Showing smoothed Calculated Tax Rate of Walmart with missing and latest data points interpolated.
Calculated Tax Rate10 Years Trend
 Calculated Tax Rate 

Walmart Regression Statistics

Arithmetic Mean 32.20
Geometric Mean 32.14
Coefficient Of Variation 6.37
Mean Deviation 1.41
Median 32.20
Standard Deviation 2.05
Sample Variance 4.21
Range 7.09
R-Value 0.16
Mean Square Error 4.55
R-Squared 0.025357
Significance 0.64
Slope 0.1
Total Sum of Squares 42.05

Walmart Calculated Tax Rate Over Time

2018  37.36 
2019  33.62 
2020  31.23