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  1. I really think charts that operate in the billions should include all digits vs just the abbreviation. Really fails to capture how absurdly wealthy corpos like Walmart are.

    Like maybe it’s just me, but I feel when discussing profits in that level people see ‘oh just 4b? Not that much’ because they only recognize the 4 as a number and not the 4,000,000,000 that it actually is.

  2. JeromesNiece on

    In terms of profit per employee, $4.68 billion divided by 2.1 million global employees is $2,229 per employee per quarter, or $8,914 per employee per year. That corresponds to $4.29 per hour for a full time employee.

    Whether or not that’s a lot or a little is left as an exercise to the reader.

  3. Thewall3333 on

    I think the $33 billion or whatever in “operating expenses” hides a lot of what otherwise would be profit. They have $150 billion in income, and pay $1.4 billion in taxes — less than 1%. Obviously taxes are based on profit, but with so much money coming in and such market dominance, I feel like it would be relatively easy to twist the numbers to avoid more taxes. The Waltons certainly aren’t beyond the impulse to do so, and where there’s a will for the powerful, there’s a way.

  4. That only comes out to a 4.29% profit margin. I thought it would be a bit higher.

  5. Infuriating how a 165.6 BILLION dollar company only pays .85% in taxes. POINT 85!

    And here I am paying 30% or more.

    And don’t get me started on how Cost of Sales is factored in – I have a cost that factors into my ability to earn as well. Can I deduct my car, house, clothes, food? Nope.

  6. BlackOliveBandit on

    The takeaway here should be that WalMart is down 9% YOY. This is a huge economic indicator.

  7. The_BigDill on

    I don’t see “not paying employees a living wage or benefits” as part of the profit margin