Walmart pulled in $713 billion in revenue during fiscal 2026, keeping its title as the largest retailer on the planet.
That scale shapes who it competes with. This post lists Walmart’s top 15 publicly traded rivals in 2026, then breaks down where the company leads, where it trails, and whether the stock holds up for long-term investors.
Walmart Competitors – TLDR;
- Walmart’s largest publicly traded competitors in 2026 are Amazon, Costco, and Home Depot by market value.
- Walmart reported $713 billion in revenue for fiscal 2026, ahead of every other retailer worldwide.
- Amazon leads U.S. online sales with roughly 38% share, while Walmart ranks second near 7%.
- Walmart is the largest grocer in the United States, with food making up 59% of its U.S. sales.
- The main Walmart competitors span four lanes: e-commerce, warehouse clubs, grocery, and discount retail.
Top Walmart Competitors in 2026
Walmart faces more than 250 rivals across retail. The 15 largest publicly traded Walmart competitors run from Amazon at about $2.95 trillion to Macy’s near $5 billion. The table ranks them by market capitalization. Amazon competes hardest online, where its grocery push through Whole Foods and Prime keeps pressure on Walmart’s delivery business.
| Ticker | Company Name | Market Cap | Subsector | Key Product Line Areas |
|---|---|---|---|---|
| AMZN | Amazon.com | $2.95T | E-commerce and cloud | Online marketplace, AWS, Prime, Whole Foods grocery |
| COST | Costco Wholesale | $427B | Warehouse club | Bulk groceries, Kirkland private label, fuel, membership |
| HD | Home Depot | $378B | Home improvement | Tools, building materials, appliances, contractor supply |
| TJX | TJX Companies | $179B | Off-price retail | Apparel and home goods (T.J. Maxx, Marshalls, HomeGoods) |
| LOW | Lowe’s | $131B | Home improvement | Tools, appliances, lumber, lawn and garden |
| CVS | CVS Health | $114B | Pharmacy and health | Retail pharmacy, Aetna insurance, health services |
| ROST | Ross Stores | $71B | Off-price retail | Discount apparel, footwear, home decor |
| TGT | Target | $57B | General merchandise | Apparel, home, groceries, 45 owned brands |
| KR | Kroger | $40B | Supermarkets | Groceries, pharmacy, fuel, private label |
| DG | Dollar General | $23B | Small-box discount | Consumables, seasonal, home, basic apparel |
| DLTR | Dollar Tree | $18B | Small-box discount | Low-price general merchandise, Family Dollar |
| BBY | Best Buy | $13B | Consumer electronics | Electronics, appliances, tech support services |
| BJ | BJ’s Wholesale Club | $11B | Warehouse club | Bulk groceries, gas, East Coast membership stores |
| ACI | Albertsons | $8B | Supermarkets | Groceries, pharmacy (Safeway, Acme, Shaw’s) |
| M | Macy’s | $5B | Department store | Apparel, cosmetics, home (Macy’s, Bloomingdale’s) |
Market capitalization of top Walmart competitors, 2026 (Amazon excluded for scale)
Walmart vs Competitors: Future Market Share
Walmart holds the strongest grocery position in the country, and food now drives 59% of its U.S. sales. That base is hard for grocery rivals like Kroger to chip away at.
Online is where the share fight runs hottest. Walmart trails Amazon by about 31 points in U.S. e-commerce, but its global online sales grew 26% in the first quarter of fiscal 2027.
The advertising arm climbed 37% over the same stretch, and delivery now reaches 95% of U.S. households in under three hours.
Drone delivery is scaling toward one million orders, and the OnePay app doubled its user count. These add-ons widen the gap with mid-size specialty retailers like Home Depot that lack the same digital reach.
Walmart total revenue, fiscal 2022 to 2026 (USD billions)
U.S. e-commerce sales share by company, 2026
What Makes Walmart Different From Its Competitors?
Scale is the short answer. Walmart runs more than 10,900 stores in 19 countries and serves about 280 million customers a week.
Its everyday low price model and supply chain let it undercut most rivals on cost. Grocery anchors the whole system, reaching a record 72% penetration of Walmart U.S. sales in fiscal 2026.
That food traffic feeds an omnichannel setup. Shoppers order online and pick up in store, a flywheel that small-format chains such as Dollar General cannot match.
Walmart also runs newer profit engines: a fast-growing ad business, the Walmart+ membership, and Sam’s Club. Those compete with the membership warehouse model Costco built, while spreading Walmart’s revenue beyond thin retail margins.
Walmart U.S. net sales by category, 2026
Is Walmart a Long-Term Buy?
Walmart’s market cap sat near $910 billion in early June 2026, after the stock briefly topped $1 trillion earlier in the year.
Shares trade at a price-to-earnings ratio close to 39, a premium that some analysts call priced for perfection. The stock ranged from $93 to $135 over the past year.
The bull case rests on steady revenue gains, 15.1% return on investment, and growth in higher-margin ads and health services. The risk is valuation. This is not financial advice, and Walmart’s own filings are the best place to check the numbers.
FAQs
Who are Walmart’s biggest competitors in 2026?
Walmart’s biggest competitors in 2026 are Amazon, Costco, and Home Depot by market value. Target, Kroger, Dollar General, and warehouse clubs like BJ’s also compete directly across grocery, discount, and online retail.
How much revenue does Walmart make?
Walmart reported $713 billion in total revenue for fiscal 2026, which ended January 31, 2026. Net income reached about $21.9 billion. That makes Walmart the largest retailer in the world by sales.
What is Walmart’s share of U.S. e-commerce?
Walmart holds roughly 7% of U.S. e-commerce sales, ranking second. Amazon leads with about 38%. Walmart’s online business is growing faster than most large rivals, with global digital sales up 26% in early fiscal 2027.
Is Walmart bigger than Amazon?
Walmart is bigger by annual revenue and remains the world’s largest retailer. Amazon is far larger by market value, worth about $2.95 trillion versus Walmart’s roughly $910 billion in June 2026.
What makes Walmart different from its competitors?
Walmart’s edge is scale and price. With 10,900-plus stores and 280 million weekly shoppers, its supply chain enables everyday low prices. A dominant grocery business and same-day delivery reaching 95% of U.S. households set it apart.
Sources
https://www.sec.gov/Archives/edgar/data/0000104169/000010416926000091/wmtfy26annualreport-final.pdf
https://www.sec.gov/Archives/edgar/data/0000104169/000010416926000095/earningsreleasefy27q1.htm
https://www.statista.com/statistics/252678/walmarts-net-sales-in-the-us-by-merchandise-unit/
https://www.grocerydive.com/news/walmarts-grocery-sales-growth-slows/818493/
