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 3/19/2021 to 12/3/2025 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.
Benford Chart for WMT 10Q Filed 12/3/2025
29.1
11.1
11.2
8.6
10.1
8.8
7.0
8.0
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, WMT stockholder letter ]
Total numbers found: 910
Recent share count: 7,972,851,122 (7's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
910
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for WMT = 54
54

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 point 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.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the company's typical historical range.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was above the company's typical historical 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.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was above the company's typical historical range.
WMT's Score Vs. Typical Stock
Benford's Law Stocks Indicator
WMT
Low score compared to other filers, falling in the bottom quartile.
Other Stocks Ranking Near WMT
DTC
PAYC
APPN
CENX
 MC
WLK
ALGM
AREC
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 265 numbers that start with the digit 1. Here they are:
177,769
168,003
1,727
1,585
179,496
169,588
134,706
127,340
109,610
103,361
1,733
1,650
121
122
140
1,810
1,643
132
19,346
1,384
17,878
14,732
137
17,656
14,182
1.76
1.75
17,878
14,732
137
17,656
14,182
1,620
1,586
177
181
1,223
18,540
13,146
187
18,137
12,959
10,582
10,049
12,115
10,039
130,201
119,993
116,598
14,501
13,599
13,701
16,173
12,869
11,993
1,908
1,674
1,592
1,499
1,507
115,732
102,558
13,705
12,825
12,927
16,345
14,398
13,748
189
101,558
13,124
13,605
12,525
102,206
13,605
161
13
181
122
13,296
132
187
16
1,500
1,592
1,592
12,733
1
1
1,190
154
1,037
101,558
13,124
102,206
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
17,878
14,732
10,462
1,685
1,395
127
18,627
16,696
1,271
136
19,030
12,661
1,045
1,483
151
1,561
11,097
10,168
17,878
14,732
137
17,656
14,182
1.76
1.75
12,661
13,605
12,614
13,296
12,027
12,733
12,398
13,124
10,407
11,302
10
18
18
10,500
11,367
108
12
11,321
12,178
16
12
15
11,664
12,525
10.0
15.0
1
1,000
1,500
1,493
1,750
1,750
1,557
1,123
1,388
10,602
1,537
10,223
1,999
120,678
114,875
1,950
1,835
121,343
115,493
18,205
17,358
1,151
1,122
17,979
16,674
1,204
1,889
1,728
1,846
1,830
12
17
1,834
1,796
177,769
168,003
1,727
1,585
179,496
169,588
134,706
127,340
109,610
103,361
1,810
1,643
132
19,346
14,031
11,795
1,705
1,687
197
179
1,259
1,087
1,943
1,915
10,462
18,627
16,696
168,285
150,006
17,372
16,862
14,777
13,939
18,379
16,360
120,678
114,875
19.5
12,869
12,064
18,475
14,895
17,263
17,022
19,365
10.2
16,673
15,902
10,043
1,350
1,293
10.8
109,976
148,665
We found 101 numbers that start with the digit 2. Here they are:
21,117
21,489
280
2,081
23,499
2,098
222
2.21
2.20
222
20
218
28,722
28,792
27,942
288,655
260,823
263,399
29,345
28,117
2,598
271
288,655
260,823
263,399
243
2
2
242
209
2
2
219
258
2,310
245
2,976
2,128
27,452
22,918
2,680
2,625
2,817
233
222
2.21
2.20
259
21
21
25
25
2,598
2,625
2,625
2,625
2,082
2.1
255,955
245,999
28,197
26,674
26,539
23,748
23,550
22,851
24,215
23,439
20,801
20,208
2,743
2,597
2,144
2,127
21,117
21,489
2,081
23,499
2.2
2.4
2,378
2,156
2,028
2,167
287
288,655
260,823
210,636
204,455
27,366
26,621
2,550
24.8
21,629
26.1
21.3
2,976
2,551
2,469
23,550
22,851
We found 102 numbers that start with the digit 3. Here they are:
391,780
375,581
38,094
35,540
357
361
368
34
363
391
347
3,548
3,068
3,579
31,521
3,523
3,246
34,445
33,401
33,645
306
309
309
36
345
367
320
3
317
391
391
31
347
347
3
358
3,813
3,983
3,049
351
37
39
38
306
3
3
371
346
362
3
33,401
35,999
3,983
3,983
3,551
3,551
3,523
34,445
37,968
3,983
3.550
3.900
3,041
3.7
3.7
37,968
36,813
35,999
33,790
3.3
353,752
338,892
355,702
340,727
33,541
30,277
391
367
33,932
30,644
3,193
38
391,780
375,581
38,094
35,540
373
369
3,606
3,260
3,220
353,752
338,892
37,129
38,395
33,541
30,277
3,187
3,864
3,509
3.8
3.1
4's 5's 6's
We found 78 numbers that start with the digit 4. Here they are:
495,708
4,723
496
478
4,192
4,614
4,714
4,577
4,714
4,577
413
444
4
433
42
481
4,190
40
403
4,230
4,869
4,011
4,487
4,487
4,648
4,350
4,598
4,598
424
424
47
42
433
45
4,544
4,625
4,501
4,501
4,720
4
425
423
454
4,577
4,577
4,732
432
430
482
4,123
489
4,714
4,577
44
47
45
45
416
4.100
4.350
4.900
4.3
4,771
414
4,771
4,097
463
457
495,708
4,723
478
4,192
4,222
447
45,639
48,533
45,791
40,000
We found 92 numbers that start with the digit 5. Here they are:
517,500
5,007
522,507
500,431
563
591
500
5,621
55
550
57
57
55
550
520
524
5,655
5,752
56,435
58,666
5,916
5,923
5,503
5,395
5,503
51
5
5
5
52
5,441
563
563
5
5,718
51
5
5,104
5,104
5,313
50
5
5
5
50
5,010
524
52
5
5
5
5
52
5,395
5,313
5,630
5,004
5.7
55
550
57
57
587
542
5.0
5,154
5,831
5,452
50
5
5,780
5,435
5,692
588
59,554
577
565
517,500
5,007
522,507
500,431
591
500
5,484
584
556
581
517
51,871
56.0
5,012
5,803
We found 80 numbers that start with the digit 6. Here they are:
6,696
6,708
6,098
6,088
6,143
6,088
6,143
662
65,354
63,302
6,138
6,112
6,227
67,156
62,863
608
6,056
6,863
6,112
6,408
6,168
6,408
61
6,548
6,440
6,143
6,143
6,092
6,863
6,112
6,488
65
65
6,683
6,683
6,683
6
6,780
634
634
6,142
6
6,168
654
69
6.2
6.8
6,088
6,143
682
612
611
6,711
611
665
618
6,691
69,252
67,139
665
68,867
61,350
671
634
6
6,696
6,708
6,098
6.7
6,917
6,308
625
646
642
6,189
69,344
6,110
6,004
69,252
67,139
7's 8's 9's
We found 64 numbers that start with the digit 7. Here they are:
7,970,166,964
77
77
7,974
7,987
79,458
789
783
789
797
7,540
7,540
7,540
70
7,986
799
7,026
7,026
7,158
750
7,975
797
759
7
7
795
7,972
797
72
7
7,277
7,406
799
7,008
7,012
7,974
7,987
77
77
706
726
725
750
749
750
748
73,000
77,370
74,475
70,028
702
71,141
7,945
7,483
7.7
7,218
71,713
7,486
70.0
7,398
7,964
7,796
7
73
We found 73 numbers that start with the digit 8. Here they are:
8,186
8,038
8,044
8,011
8,082
8,026
8,082
83
86,938
8,401
842
800
802
803
88,108
8,024
802
83,793
8
805
805
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
8,221
894
807
8,038
8,044
8,011
8,082
8,026
8,082
895
83
867
823
857
861
875
875
87,366
83,384
81,542
89,677
8,186
801
819
88,221
80,016
82,100
81,312
8,558
89,677
8.1
8,891
8.7
84
We found 55 numbers that start with the digit 9. Here they are:
93
94
97
9,037
9,975
92,920
96,584
98,313
94,435
96,094
91,013
97,421
94,276
98,313
91,013
97,421
94
90,849
90,341
90
96,328
90,110
96,550
96,094
90,349
999
942
993
993
90,788
90,565
927
980
980
94,435
94,276
9,599
9,200
9,673
9,536
9,935
944
93
98
96
993
959
93.4
94,496
95,647
90,799
952
9,599
9,145
94,496
While the above WMT 10Q Filed 12/3/2025 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 10Q Filed 12/3/2025 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.

10Q Filed 12/3/2025
29.1
11.1
11.2
8.6
10.1
8.8
7.0
8.0
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL? ✓  [ original filing ]
Total numbers found: 910

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10K Filed 3/14/2025
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 3/19/2021 to 12/3/2025
10Q Filed 6/7/2024
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: 51
XBRL? ✓  [ original filing ]
Total numbers found: 461

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 9/1/2023
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: 83
XBRL? ✓  [ original filing ]
Total numbers found: 736

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 12/1/2022
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 3/19/2021 to 12/3/2025
10K Filed 3/18/2022
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: 95
XBRL? ✓  [ original filing ]
Total numbers found: 1,239

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 6/4/2021
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 3/19/2021 to 12/3/2025
10Q Filed 8/29/2025
29.5
13.1
11.0
7.8
9.2
7.7
7.3
8.4
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL? ✓  [ original filing ]
Total numbers found: 818

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 12/6/2024
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: 77
XBRL? ✓  [ original filing ]
Total numbers found: 792

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10K Filed 3/15/2024
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: 81
XBRL? ✓  [ original filing ]
Total numbers found: 1,153

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 6/2/2023
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: 53
XBRL? ✓  [ original filing ]
Total numbers found: 492

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 9/2/2022
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 3/19/2021 to 12/3/2025
10Q Filed 12/1/2021
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 3/19/2021 to 12/3/2025
10K Filed 3/19/2021
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 3/19/2021 to 12/3/2025
10Q Filed 6/6/2025
26.2
12.8
9.9
7.9
13.9
9.5
5.9
7.5
6.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 50
XBRL? ✓  [ original filing ]
Total numbers found: 546

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 8/30/2024
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: 67
XBRL? ✓  [ original filing ]
Total numbers found: 708

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 11/30/2023
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 3/19/2021 to 12/3/2025
10K Filed 3/17/2023
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 3/19/2021 to 12/3/2025
10Q Filed 6/3/2022
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: 42
XBRL? ✓  [ original filing ]
Total numbers found: 466

■ = Typical WMT range from 3/19/2021 to 12/3/2025
10Q Filed 9/2/2021
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 3/19/2021 to 12/3/2025
RR 10K Filed 1/20/2026:
82
UGRO 10K Filed 1/16/2026:
95
ADBE 10K Filed 1/15/2026:
98
IIIN 10Q Filed 1/15/2026:
91
BMRA 10Q Filed 1/14/2026:
43
FNGR 10Q Filed 1/14/2026:
42
CVGW 10K Filed 1/14/2026:
54
NTRP 10Q Filed 1/14/2026:
74
DBMM 10Q Filed 1/14/2026:
7
RILY 10Q Filed 1/14/2026:
81
CODI 10Q Filed 1/14/2026:
100
RFIL 10K Filed 1/14/2026:
84
LOOP 10Q Filed 1/14/2026:
67
HOVR 10Q Filed 1/14/2026:
64
LEDS 10Q Filed 1/14/2026:
92
EACO 10Q Filed 1/13/2026:
54
SMCE 10Q Filed 1/13/2026:
89
RMCF 10Q Filed 1/13/2026:
78
BMNR 10Q Filed 1/13/2026:
42
BBCP 10K Filed 1/13/2026:
96
EDUC 10Q Filed 1/13/2026:
97
BZYR 10Q Filed 1/13/2026:
76
SODI 10Q Filed 1/13/2026:
97
PKE 10Q Filed 1/13/2026:
63
LEXX 10Q Filed 1/13/2026:
32
BPTH 10Q Filed 1/13/2026:
67
UBYH 10Q Filed 1/13/2026:
46
SOTK 10Q Filed 1/13/2026:
89
MOBX 10K Filed 1/12/2026:
100
SCPX 10Q Filed 1/12/2026:
80
AEHR 10Q Filed 1/12/2026:
68
ANIX 10K Filed 1/12/2026:
78
ALTS 10Q Filed 1/12/2026:
80
FC 10Q Filed 1/9/2026:
68
SLP 10Q Filed 1/9/2026:
85
HURC 10K Filed 1/9/2026:
91
WOR 10Q Filed 1/9/2026:
79
JBL 10Q Filed 1/9/2026:
95
TLRY 10Q Filed 1/8/2026:
80
APLD 10Q Filed 1/8/2026:
86
 

Benford's Law WMT Stock (Walmart Inc.) | www.Benford'sLawStocks.com
Copyright © 2023 - 2026, All Rights Reserved

Nothing in BenfordsLawStocks.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy.