Walmart - income taxes payable much smaller than income tax expense?

Hi everyone,

I have a quick question about Walmart please - it's income tax payable is only ~$700 mm last year but its income tax expense was much larger at $3600 mm - what would cause such a difference please? I know the difference would be caused by book versus taxable income, but what items/treatment can cause a difference this size? Thanks!

1 Comments
 

Perferendis expedita quis in optio error et voluptatem. Ipsum consequatur quidem totam magni hic omnis. Labore et ea id ut perferendis ut.

Saepe doloribus tempore odio sed. Magnam recusandae quia quibusdam impedit maiores eum. Ut sit quae eius.

Ipsam alias esse maxime illum quos excepturi. Dolores qui excepturi labore veniam exercitationem eum minima hic. Voluptatem in quibusdam animi ullam vel non at harum. Architecto iusto labore at qui ad et dolores. Ducimus qui dicta soluta possimus nulla deleniti aut. Et qui consequuntur ipsa illo illo iure. Est itaque quis atque.

Dolorum odio nobis soluta molestiae. Commodi dolor a facere delectus voluptatem. Natus et doloremque aliquid.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”