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 12/4/2019 to 8/30/2024 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.
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
XBRL?   [ original filing, WMT stockholder letter ]
Total numbers found: 708
Recent share count: 8,043,543,330 (8's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
708
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 7 numbers to move any given column by a full percentage point.
57

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point 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.
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5'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 points 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
Low score compared to other filers, falling in the bottom quartile.
EARN
NPK
CHCI
EVOK
NINE
OMC
ABEO
CYTH
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 209 numbers that start with the digit 1. Here they are:
167,767
160,280
1,568
1,352
169,335
161,632
126,810
121,850
14,781
13,556
1,154
1,111
122
195
114
148
1,165
1,051
1,162
10,727
13,248
13,415
1,502
10,018
162
1.19
1.18
1.19
1.18
10,018
162
1,079
1,100
1,117
10
135
1,069
1,062
1,183
112
186
11,132
10,426
13,888
113,818
110,810
104,733
13,579
13,673
13,710
16,262
17,071
1,495
1,493
1,487
1,472
12,811
12,943
12,978
14,072
14,629
15,109
12,178
11,302
10,818
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
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
10,018
115
1,234
1,166
1,410
1,368
16,357
18,201
10,507
133
135
10,128
1,171
12
1,052
1,172
147
1,056
13,971
10
10,018
162
1.19
1.18
1.19
1.18
10,407
11,302
10
18
18
10,500
11,367
108
12
11,321
12,178
10,729
11,680
13
13
10,127
1,020
11,147
194
115
10,818
10.0
15.0
10
107
1,495
1,500
1,500
1.1
1,269
1,302
10,397
1,841
12,150
1,956
115,347
110,854
167,767
160,280
11,923
11,098
1,360
1,190
1,196
1,231
14,781
13,556
1,165
1,051
1,162
10,727
13,248
13,415
135,111
129,647
15,030
13,374
115,347
110,854
18.9
15.5
13,099
11,994
11,219
10,982
11,967
11,446
13.2
11.2
15,010
14,325
1,470
1,186
1,184
1,131
We found 94 numbers that start with the digit 2. Here they are:
2,649
248,241
237,134
239
228
255
2,674
210
210
258
274
227
27,930
28,113
28,268
20,826
254,440
252,399
255,121
27,656
28,759
29,239
2,897
207
222
232
254,440
252,399
255,121
209
2
2
219
258
223
209
2
28
2,443
214
2
244
222
2,999
257
22
292
2,315
2,817
2,072
214
29
210
29
29
20
20
2,817
2,817
2.850
298
253
2,743
2,862
2,835
224,017
214,755
29,567
27,596
22,853
21,830
2,893
2,354
28,980
29,076
29,279
26,222
2,657
2,164
224,017
214,755
26,331
22,952
29,567
27,596
29,306
27,823
2,466
2,428
2,798
2,342
22,853
21,830
2.4
We found 77 numbers that start with the digit 3. Here they are:
327,705
311,284
3,138
330,843
313,933
34,585
32,466
3,905
368
3,230
3,466
385
385
306
38
321
329
3,642
3,690
3,438
3,322
3,531
3,195
3,343
3,067
307
3,447
35,364
36,132
36,806
31
38
389
389
329
329
331
330
320
3
3,336
3,072
3,462
3,309
340
3
385
37
34
309
3,447
36,132
39,579
35,364
36,859
3.300
3,822
3.2
36
36,859
35,362
39,579
38,431
3.3
3.3
327,705
311,284
3,905
368
36.5
30.0
3,896
3,299
3,338
3.0
3
3.8
4's 5's 6's
We found 51 numbers that start with the digit 4. Here they are:
494
4,711
413
4,501
4,711
413
4,501
441
48
4,546
4,544
4,096
4,544
4,625
4,501
4,501
4,720
4
425
423
454
4,430
483
4,709
441
454
483
483
4
4,096
436
4,181
4,967
4,063
4,711
413
4,501
40,000
4,414
4,771
44,288
42,329
494
4,936
4,045
4,440
4,550
4,507
44,288
42,329
4.7
We found 62 numbers that start with the digit 5. Here they are:
557
543
565
56
56
55,611
54,892
56,722
5,855
5,552
56,716
56,812
56,576
576
5,709
5,449
5,010
5,771
5,104
5,104
5,313
50
5
5
5
50
5,010
533
533
54
5,771
5,750
519
5,130
5.7
5.3
5.3
56
56
520
5.0
572
5,626
5,879
50
59,400
54,200
581
521
592
509
565
54,691
54,841
5,891
5,842
5,864
59,400
54,200
5.8
553
5.6
We found 47 numbers that start with the digit 6. Here they are:
67,821
63,243
6,213
66
6,341
653
6,161
6,142
6,488
6,488
65
65
6,683
6,683
6,683
6
6,780
634
634
6,142
6,139
6,139
6,139
632
671
671
6,826
6
6
6,339
697
6,945
602
6,684
6
6,271
654
6,591
6,114
6,213
68,680
66,240
6,137
6.8
6,450
6,526
608
7's 8's 9's
We found 37 numbers that start with the digit 7. Here they are:
7,940
7,316
7,891
76
7,891
706
7,891
76,510
76,877
770
786
725
79,556
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
773
7,891
725
7,249
7
7,940
7,316
We found 84 numbers that start with the digit 8. Here they are:
8,038,251,174
8,053
8,044
8,079
8,048
8,081
8,081
8,108
8,082
8,110
83
8,053
811
876
862
8,494
8,956
8,220
8,729
8,811
8,650
8,796
82,032
878
803
805
808
89,814
85,470
84,423
83,861
85,327
8,054
805
89,814
83,861
83
8,049
805
87,230
81,293
88,073
811
811
8,035
803
84,423
8,080
808
83,135
83,754
8,081
808
8,053
8,076
808
85,470
85,327
866
849
80
84
8,841
8,879
8,053
8,044
8,079
8,048
8,081
8,081
8,108
8,082
8,110
895
83
867
823
857
82
885
875
875
875
8,820
We found 47 numbers that start with the digit 9. Here they are:
99
910
9,949
9,605
9,564
98
97
9,949
9,605
9,564
9,867
95,260
92,415
99,220
90,788
90,565
90,349
90,349
999
942
993
993
90,788
90,565
94
9
9,949
9,216
961
9,909
9,935
9,949
9,605
9,564
98
97
93
98
96
951
9,933
97
990
990
979
910
9,883
While the above WMT 10Q Filed 8/30/2024 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 8/30/2024 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.

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: 57
XBRL?   [ original filing ]
Total numbers found: 708

= Typical WMT range from 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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: 40
XBRL?   [ original filing ]
Total numbers found: 466

= Typical WMT range from 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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: 44
XBRL?   [ original filing ]
Total numbers found: 461

= Typical WMT range from 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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: 73
XBRL?   [ original filing ]
Total numbers found: 822

= Typical WMT range from 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
32.2
20.7
10.3
9.5
5.2
4.6
8.3
6.1
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 951

= Typical WMT range from 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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: 56
XBRL?   [ original filing ]
Total numbers found: 492

= Typical WMT range from 12/4/2019 to 8/30/2024
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: 58
XBRL?   [ original filing ]
Total numbers found: 703

= Typical WMT range from 12/4/2019 to 8/30/2024
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 12/4/2019 to 8/30/2024
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: 98
XBRL?   [ original filing ]
Total numbers found: 1,159

= Typical WMT range from 12/4/2019 to 8/30/2024
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: 58
XBRL?   [ original filing ]
Total numbers found: 463

= Typical WMT range from 12/4/2019 to 8/30/2024
 

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