What was Walmart's revenue on the 2024 Fortune 500?

Walmart’s revenue on the 2024 Fortune 500 was about $648.1 billion.

Fortune’s 2024 Fortune 500 used company revenue from the reporting periods underlying that year’s ranking. Walmart’s total was listed at approximately $648.1 billion, placing it first among the largest U.S. companies by revenue. Amazon followed in second place with roughly $574.8 billion, a gap of more than $73 billion.

Walmart’s figure combines the enormous sales generated by its U.S. and international stores, Sam’s Club operations, and e-commerce businesses. It is revenue, meaning money brought in from sales and other operating activity—not profit. Walmart’s net income was far smaller because retailers typically have high sales volumes but relatively thin profit margins.

Another common source of confusion is the year label. The 2024 Fortune 500 was published in 2024 but primarily reflects companies’ preceding fiscal-year results, rather than all sales made during calendar 2024. It should also not be confused with Walmart’s later annual reports or with the Fortune Global 500, which covers corporations worldwide.