On this page of Benford's Law Stocks.com we present our study of Walmart Inc. — ticker symbol WMT. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/20/2020 to 12/6/2024 for Walmart Inc. under CIK number 0000104169. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for WMT, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Walmart Inc. based on the past WMT filings our system processed in the past.
32.2
8.7
10.4
10.4
9.1
8.0
5.3
10.6
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, WMT stockholder letter ]
Total numbers found: 792
Recent share count: 8,038,251,174 (8's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
792
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
72

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 2's percentage was below the company's typical historical range.
 • The 3's percentage was higher than the 2's percentage, increasing the penalty multiplier.
 • We deducted point upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was above the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 8, we canceled the penalty multiplier.
 • We deducted points upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was above the company's typical historical range.
 • We deducted point upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
WMT
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
OSG
SCL
ALTO
CHMG
QUAD
SLCA
YETI
BOXL
Check our work! We provide our Walmart Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the WMT filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 255 numbers that start with the digit 1. Here they are:
168,003
159,439
1,585
1,365
169,588
160,804
127,340
121,183
103,361
19,758
1,650
1,683
122
110
140
145
1,643
1,588
132
19,346
14,330
1,384
14,732
10,592
137
190
14,182
10,017
1.76
1.24
1.75
1.24
14,732
10,592
137
190
14,182
10,017
1,620
12
1,586
177
169
1,223
107
13,146
11,189
187
1,065
12,959
10,124
10,049
12,154
10,039
116,598
110,810
107,471
13,701
13,673
13,547
11,993
17,071
15,944
1,674
1,533
1,507
1,487
1,474
102,558
104,230
12,927
12,943
12,817
13,748
14,629
14,304
189
12,525
11,302
11,573
11,302
18
1,051
1,051
10
10
15
13
121
117
11
128
11,367
1,069
15
1
10
10
14
1
1
1
12,178
155
177
13
1
1
12
1
12,525
11,680
1,673
1,673
1,896
14
1
15
1
11,147
162
112
1
1,076
1,076
1,367
160
160
1
10
10,818
199
169
1
10
1
11
11,573
14,732
10,592
1,685
1,412
1,395
144
19,014
16,696
14,674
163
135
139
12,661
15,374
1,282
17
1,501
1,655
179
10,168
12,295
10
14,732
10,592
137
190
14,182
10,017
1.76
1.24
1.75
1.24
10,407
11,302
10
18
18
10,500
11,367
108
12
11,321
12,178
16
12
15
11,664
12,525
10,729
11,680
13
13
10,127
1,020
11,147
194
115
10,818
17
17
10,676
11,573
10.0
15.0
138
129
1,500
1,500
1,980
1,243
1,302
10,436
1,829
12,150
1,956
123
114,875
109,419
168,003
159,439
17,358
16,079
1,204
1,117
1,830
1,572
1,796
1,364
19,758
1,643
1,588
132
19,346
14,330
195,936
16,360
14,173
114,875
109,419
19.5
16.0
12,064
12,389
17,022
16,650
14,895
13,050
19,365
17,181
16.8
15,556
14,512
10,049
1,640
1,313
1,786
1,697
We found 69 numbers that start with the digit 2. Here they are:
21,489
272
27,942
28,113
28,015
263,399
252,399
259,174
28,117
28,759
26,132
2,806
222
228
263,399
252,399
259,174
209
2
2
219
258
223
209
2
28
2,443
214
2
2
291
292
281
245
22,918
2,680
2,817
218
233
20
20
29
2,817
2,817
2,625
2,625
2.850
298
253
2,743
2,835
2,966
28,022
22,851
21,998
21,489
204,455
26,621
26,579
2,550
2,378
28,022
21.3
2,980
2,073
2,084
22,851
21,998
2.4
We found 82 numbers that start with the digit 3. Here they are:
375,581
358,317
35,540
33,419
361
305
368
3,840
3,738
34
363
347
359
302
3,548
3,322
3,661
3,579
307
3,246
3,447
33,645
36,132
36,342
31
347
347
3
38
389
389
329
329
331
330
320
3
358
3
3,813
3,049
35
3,462
351
3,454
3
32
38
30
346
362
3
309
3,447
36,132
39,579
3,246
33,645
36,891
3.300
3.7
3.6
3
36,891
35,088
39,579
38,431
3.3
3.3
338,892
324,174
30,277
3,471
3,840
338,892
324,174
38,395
35,341
30,277
3,523
3,655
3.1
4's 5's 6's
We found 82 numbers that start with the digit 4. Here they are:
495,708
470,723
4,723
4,014
474,737
496
400
478
4,750
4,614
4,714
4,577
453
4,714
4,577
453
4
490
4,190
40
4,230
4,544
4,390
4,544
4,625
4,501
4,501
4,720
4
425
423
454
4,577
4,577
4,732
432
430
482
4,430
483
4,709
441
454
483
483
4
4,096
453
453
4
4
4
4,390
4,028
4,295
489
4,967
4,213
4,606
4,714
4,577
453
44
40,000
4,414
4.3
4.2
4,771
495,708
470,723
4,981
4,097
489
478
4,750
45,639
40,395
46.0
4,230
44,862
42,335
4,438
We found 72 numbers that start with the digit 5. Here they are:
500,431
572
537
500
550
575
57
57
550
575
520
574
543
54
524
586
597
57
54,892
5,855
5,806
56,812
5,709
5,670
5,395
5,104
5,104
5,313
50
5
5
5
50
5,010
524
52
5
5
5
5
52
5,395
533
533
54
5,771
586
5
5,004
5.3
550
575
57
57
520
5.0
586
5,665
5,879
50
5,435
593
565
537
500
56.0
5,803
5,668
5,012
5,735
5.7
566
We found 63 numbers that start with the digit 6. Here they are:
6,708
6,202
6,098
643
643
63,302
63,951
6,227
62,863
61,049
606
688
6,056
6,168
6,488
6,127
6,488
65
65
6,683
6,683
6,683
6
6,780
634
634
6,142
6
6,168
6,139
6,139
6,139
632
671
671
6,826
6
6
652
6,127
654
669
671
6.8
6.1
643
602
6,271
654
67,139
64,327
634
6,708
6,202
6,098
69,344
66,289
6,423
6,623
6,591
602
67,139
64,327
7's 8's 9's
We found 42 numbers that start with the digit 7. Here they are:
76
755
76,877
783
789
725
79,456
72
7
76,693
7,061
742
76
761
761
72
73
73
78,035
72,405
79,231
7,891
7,891
79,556
755
755
7
7
79,456
7,321
7,406
7,346
707
7
725
743
772
7,249
7
7,486
7,398
7.1
We found 84 numbers that start with the digit 8. Here they are:
8,033,386,215
8,038
8,078
8,044
8,080
8,082
8,110
8,082
8,110
83
8,796
8,625
86,938
88,391
878
803
805
808
89,814
85,831
88,108
83,861
85,583
8,054
805
89,814
83,861
83
8,049
805
87,230
81,293
88,073
811
811
8,035
803
84,423
8,034
803
88,108
8,080
808
83,135
83,754
8,081
808
8,053
8,076
808
85,470
85,327
8,079
808
85,831
85,583
8,736
807
8,841
8,038
8,078
8,044
8,080
8,082
8,110
8,082
8,110
895
83
867
823
857
861
82
885
897
89,677
82,222
81,312
81,420
89,677
82,222
8.1
8.7
We found 43 numbers that start with the digit 9. Here they are:
96,662
915
9,867
9,942
92,415
94,435
94,276
90,349
90,349
999
942
993
993
90,788
90,565
927
980
980
94,435
94,276
94
9
92
97
97
9,599
9,200
998
9,583
9,673
9,935
93
98
96
951
9,933
9
990
990
986
915
9,430
95,800
While the above WMT 10Q Filed 12/6/2024 is interesting in isolation, we have found that it is also useful to take a look at older Walmart Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 12/6/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical WMT 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

32.2
8.7
10.4
10.4
9.1
8.0
5.3
10.6
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 792

= Typical WMT range from 3/20/2020 to 12/6/2024
29.3
16.0
12.4
9.6
7.7
6.3
7.0
7.5
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 1,153

= Typical WMT range from 3/20/2020 to 12/6/2024
24.4
22.0
7.5
12.0
8.7
6.3
9.6
5.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 492

= Typical WMT range from 3/20/2020 to 12/6/2024
25.0
23.8
9.5
9.8
6.8
4.8
6.8
9.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 57
XBRL?   [ original filing ]
Total numbers found: 703

= Typical WMT range from 3/20/2020 to 12/6/2024
30.7
18.9
12.0
9.2
7.8
5.9
4.7
7.0
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 928

= Typical WMT range from 3/20/2020 to 12/6/2024
30.6
19.6
12.2
10.4
7.8
6.0
4.8
5.4
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,159

= Typical WMT range from 3/20/2020 to 12/6/2024
24.0
17.1
11.2
13.6
7.1
8.9
7.6
7.3
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 57
XBRL?   [ original filing ]
Total numbers found: 463

= Typical WMT range from 3/20/2020 to 12/6/2024
29.5
13.3
10.9
7.2
8.8
6.6
5.2
11.9
6.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 708

= Typical WMT range from 3/20/2020 to 12/6/2024
28.0
17.8
10.8
10.0
8.3
6.6
7.4
6.8
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 822

= Typical WMT range from 3/20/2020 to 12/6/2024
31.1
19.3
11.3
9.7
7.8
6.1
5.3
5.3
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,217

= Typical WMT range from 3/20/2020 to 12/6/2024
22.1
25.3
9.2
9.9
7.1
4.1
6.9
9.7
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL?   [ original filing ]
Total numbers found: 466

= Typical WMT range from 3/20/2020 to 12/6/2024
26.5
19.5
14.7
8.6
6.8
8.1
5.5
6.4
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 706

= Typical WMT range from 3/20/2020 to 12/6/2024
31.5
19.1
10.0
10.5
7.0
6.5
5.3
6.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 817

= Typical WMT range from 3/20/2020 to 12/6/2024
31.1
17.8
12.7
9.9
8.0
6.6
6.3
4.3
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,258

= Typical WMT range from 3/20/2020 to 12/6/2024
28.0
13.7
8.2
6.7
11.9
10.0
8.0
9.8
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 45
XBRL?   [ original filing ]
Total numbers found: 461

= Typical WMT range from 3/20/2020 to 12/6/2024
24.5
22.4
10.3
9.1
7.9
5.3
7.7
7.5
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 736

= Typical WMT range from 3/20/2020 to 12/6/2024
27.4
20.9
12.3
9.4
6.4
4.3
6.0
8.9
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 822

= Typical WMT range from 3/20/2020 to 12/6/2024
31.9
19.9
12.8
9.2
8.1
5.9
3.8
5.0
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,239

= Typical WMT range from 3/20/2020 to 12/6/2024
23.2
21.5
10.7
10.1
8.0
7.6
5.9
8.6
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 475

= Typical WMT range from 3/20/2020 to 12/6/2024
27.7
18.8
13.0
8.7
7.9
7.7
7.2
5.7
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 698

= Typical WMT range from 3/20/2020 to 12/6/2024
 

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