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 6/3/2020 to 3/14/2025 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.
27.0
17.6
11.1
9.2
7.9
7.9
6.8
7.3
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, WMT stockholder letter ]
Total numbers found: 1,158
Recent share count: 8,033,386,215 (8's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1158
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 12 numbers to move any given column by a full percentage point.
93

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was above the typical coverage universe 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.
Benford's Law Stocks Indicator
WMT
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
TR
WHD
YETI
ADMA
TWI
WMS
XPO
ZWS
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 313 numbers that start with the digit 1. Here they are:
139,884
130,971
127,140
1,787
1,874
1,538
17,016
16,270
11,292
19,436
15,511
11,680
1.92
1.43
1.91
1.42
16,270
11,292
19,436
15,511
11,680
1,853
1,652
17,298
17,214
165
1,325
17,133
15,889
10,028
119,993
110,810
13,599
13,673
12,869
17,071
1,499
1,487
12,825
12,943
14,398
14,629
13,605
11,302
11,680
11,680
11,292
1,652
1,652
18
1,262
1,280
1,773
18
17
139
11,680
15,511
15,511
16,285
150
1,076
1,076
1,367
154
11,302
19,436
19,436
169
169
193
1,020
1,015
165
1,180
13,605
16,270
11,292
12,973
11,853
10,945
1,683
175
1,919
1,106
1,425
1,324
127
16,857
170
1,896
17,722
14,822
13,414
17,039
1,094
14,834
10
19,342
19,562
117,973
111,767
15,403
13,390
111,624
109,049
119,993
110,810
13.0
11.9
10.9
10
1,375
1,375
1.7
1.2
16,270
11,292
19,436
15,511
11,680
1.92
1.43
1.91
1.42
10
10
1
100
100
1.6
1,909
1,258
1,578
150
12,353
1,848
1,345
1,686
1,323
12.0
1,140
1,711
1,262
1,262
10,729
11,680
10,407
11,302
198
149
12,661
13,605
10,214
10,000
10,000
10,000
10,000
15,000
15,000
15,000
15,000
1.5
1.5
1.7
1,715
1,789
1,741
1,955
1,500
1,491
1,500
1,485
1,500
1,500
1,750
1,750
1,145
1,082
1,055
1,974
1,514
1,714
1,455
1,572
1,226
1,153
1,086
1,986
1,835
1,674
10,837
10,538
14,324
1,388
1,302
10,223
1,999
12,150
1,956
18,571
15,089
1,756
1,927
17,016
1,772
141
119
126
171
1.3
1
1.1
1.2
1.7
1.4
1.5
1.3
1.5
1.8
1,076
1,124
16,498
16,395
1,096
14,364
14,495
1,748
1,663
18.5
1.7
102
102
16
123
100
100
1,751
1,528
1,491
1,829
1,613
1,565
1,985
1,845
104,676
121,885
114,641
100,983
1,478
1,408
1,621
123,363
116,049
102,604
1,908
10,122
1,964
139,884
130,971
127,140
1,874
1,538
17,016
10.6
12.1
150,006
137,782
130,659
16,466
13,877
11,425
1,964
16,862
15,682
15,490
1,212
1,041
13,939
12,799
10,282
1,458
1,381
1,318
12,973
11,853
10,945
16,857
123,363
116,049
102,604
115,250
104,480
139,705
130,338
119,234
113,921
113,985
118,597
10,399
19,975
17,011
14,711
121,885
114,641
100,983
12,924
13,678
15,385
11,249
11,041
11,669
12.1
We found 204 numbers that start with the digit 2. Here they are:
297,576,699,886
29,348
27,012
20,428
2,249
2,259
254
2,245
2,137
26,309
21,848
20,157
2.42
2.41
20,157
2,810
203
2,859
2,056
2,303
28,792
28,113
260,823
252,399
29,345
28,759
2,598
271
222
260,823
252,399
2,056
221
22
2
2,635
2,791
2,791
2,443
29
20,202
2,303
2,303
2,859
230
20,157
2,889
2,642
240
2,755
2,017
2,515
28,841
23,783
20,606
250
212
295
21,379
21,287
2,212
2,689
2,779
2,170
2,248
2,118
2,739
2,519
2,051
2.3
2.1
2,673
2,979
231,617
219,859
24,479
28,174
24,428
28,113
23,732
28,792
2.6
20,157
2.42
2.41
2.8
2.1
228
226
207
2,769
2,093
25
2.0
2.2
2.3
23,103
20,960
2,243
20.0
221.8
2,779
2,161
2,359
2,755
2,664
29,345
28,759
2.1
2,598
2,598
22,914
2.850
298
253
2.650
2.550
2,280
2,280
2,347
2,277
2,306
256
2,390
2,273
2,280
248
2,160
2,111
20,603
2,835
2,082
20,092
26,309
21,848
2,030
2,451
2,654
214
297
21.0
21.0
21.0
2.8
23.4
25.5
263
238
2.0
228
248
29
24.6
2,594
23,882
22,154
20,620
22,595
21,309
20,307
2,965
2,323
2,051
2,404
2,192
2,491
2,287
2,439
2,243
29,348
27,012
20,428
2,245
2,137
26,309
21,848
2,260
2,159
2,911
2,625
2,927
2,777
2,080
260,823
252,399
243,197
23,783
20,606
24,455
25,858
23,667
276,003
264,210
247,299
23,035
22,639
22,300
26,905
25,265
23,476
29.5
24.8
20.3
235
We found 128 numbers that start with the digit 3. Here they are:
341
3,027
388
388
378
3,322
3,068
307
3,447
33,401
36,132
388
378
378
3
362
31
3
3,193
3,228
379
36,443
35,726
34
3,468
3,462
362
399
3,310
3
3.3
3.5
3.7
3,374
321
3,364
321
321
3.8
3.1
3.8
3.1
388
31
31
33.0
3.5
3.2
3.3
3.3
3,661
36,974
3,338
390
3
309
368
322
314
3,503
3,459
3.1
31,406
3.8
34,527
3.7
3,336
3,412
389
36,846
35,999
39,579
3,447
33,401
36,132
3,451
3,340
35,999
3.900
3.300
3,373
3.400
381
326
375
315
3,815
3,041
3.4
3.6
3
35,999
33,790
39,579
38,431
3,478
3,215
30
3.0
3.1
3
3
33.6
3,009
3,066
3,336
3,035
353
322
32.4
3.8
3.5
3,540
3,307
3,245
336
357
37
3,757
3,540
3,307
3.3
336,451
323,563
308,805
34
3,027
3,178
4's 5's 6's
We found 107 numbers that start with the digit 4. Here they are:
490,142
463,721
479
424
483
49
404
4,011
4,544
4,287
404
449
449
493
48
48
4,430
4,544
4,241
4,477
4,477
449
4,393
435
468
432
4,080
4,967
4,217
4,494
444
4.4
4,739
4.5
4.1
41,335
40,810
4.4
4.1
40
4
4
4
444
49,191
46.79
48.09
46,054
47.35
49.99
48.62
49.75
477
44.72
4,494
4,976
4,916
4.0
4.0
4.0
4
40,405
4.000
4.000
497
4.100
4.500
4,967
40,000
4,030
4,414
4.2
4,771
438
479
430
4
4
4
4
4,611
4,831
4,303
4,813
4,816
4,941
460
486
445
462,415
441,817
420,553
465,009
443,802
422,398
4,909
44
490,142
463,721
46,591
462,415
441,817
420,553
49,726
40,496
4,236
40,000
We found 91 numbers that start with the digit 5. Here they are:
5,488
5,408
511,753
546
5,578
5,724
56
556
566
56,435
54,892
5,855
58,666
56,812
5,923
5,709
5,503
518
566
55
562
562
57
556
5,503
528
512
5,041
576
5,993
5,884
5,879
58
5,271
5,725
5.1
53
5
53.15
51,758
55.72
54.88
548
54.6
50.87
571
59
56
5.3
5,000
5,000
5,000
5,000
55
5.4
5.4
5
500
596
563
5,843
5,452
5,879
5,749
5,294
5,578
5,724
5,271
5,585
5,271
5,585
50
5
50
5,501
52
5,155
5,121
5,488
5,408
511,753
557,622
532,076
508,685
54,898
53.4
51,970
59,976
56,455
53,055
5,005
We found 92 numbers that start with the digit 6. Here they are:
674,538
642,637
605,881
6,447
680,985
648,125
611,289
6,152
6,112
608
6,408
6,488
6,114
6,114
6,114
66
631
624
6,140
6,140
6,140
6
6,488
6,688
6,688
6,688
61
6
648
648
6,408
635
6,688
6,140
6,114
66
641
69
62
60
68
696
696
6
632
609
60.29
63.97
6,513
602
669
656
61.9
64
64
677
630
630
6.5
6.4
6.7
6.8
661
6,279
6,723
611
6,271
654
610
6,815
608
663
6,152
6.3
6
6
6
674,538
642,637
605,881
6,447
680,985
648,125
611,289
642
609
680,985
648,125
611,289
62,092
65.4
6,089
7's 8's 9's
We found 79 numbers that start with the digit 7. Here they are:
794
721
759
7600
7467
721
759
792
79,458
76,877
725
7467
763
76,693
7,061
774
7600
776
776
716
778
724
76
766
797
740
763
716
73
76,226
72,161
7
7
7
71
721
759
75
7
76
7
780
72.72
748
7,897
7.7
750
748
750
746
755
7,249
7,738
762
7,539
7,136
7,405
7,485
7,019
7,248
7.4
7.5
79
74
77
7
7
70,000
78
74
79,332
76,748
75,584
794
7,671
7,054
706
727
79.3
We found 85 numbers that start with the digit 8. Here they are:
8,016,849,444
8,041
8,077
8,171
8,081
8,108
8,202
8300
888
8,796
878
800
802
805
89,814
83,861
8,284
828
86,904
8,766
83,253
8,638
8,080
808
83,135
83,754
800
8,054
805
89,814
83,861
8300
8
8,024
802
878
827
8,841
8,841
8
8,041
8,077
8,171
8,081
8,108
8,202
8.0
8.1
85
89
84
89
8
8,018
8,766
8
895
8,590
847
826
891
899
808
886
8,910
898
89
85
89,831
86,179
84,345
88,230
86,253
80,035
8,705
8,549
80,016
86,136
86,766
8,724
8,066
86,179
84,345
8.4
83
We found 59 numbers that start with the digit 9. Here they are:
944
9,236
9,037
9,867
9,975
96,584
92,415
98,313
91,013
97,421
90,349
91,891
9,326
9,866
9,866
9
944
90,349
98,313
91,013
97,421
9
922
9,920
9,935
9,536
9,935
9.0
9.9
9
927
9,887
931
9,920
951
93
944
9,130
9
990
990
908
987
959
9,093
93
99
93.4
98,085
92,973
95,267
90,238
92,561
9,290
9.9
95,567
90,238
9.9
94
While the above WMT 10K Filed 3/14/2025 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 10K Filed 3/14/2025 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.

27.0
17.6
11.1
9.2
7.9
7.9
6.8
7.3
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 1,158

= Typical WMT range from 6/3/2020 to 3/14/2025
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: 46
XBRL?   [ original filing ]
Total numbers found: 461

= Typical WMT range from 6/3/2020 to 3/14/2025
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: 82
XBRL?   [ original filing ]
Total numbers found: 736

= Typical WMT range from 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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: 97
XBRL?   [ original filing ]
Total numbers found: 1,239

= Typical WMT range from 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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: 75
XBRL?   [ original filing ]
Total numbers found: 792

= Typical WMT range from 6/3/2020 to 3/14/2025
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: 81
XBRL?   [ original filing ]
Total numbers found: 1,153

= Typical WMT range from 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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: 62
XBRL?   [ original filing ]
Total numbers found: 708

= Typical WMT range from 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
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: 83
XBRL?   [ original filing ]
Total numbers found: 706

= Typical WMT range from 6/3/2020 to 3/14/2025
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 6/3/2020 to 3/14/2025
 

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