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Small correction: to have a ratio of 0.5x revenue with their current market cap they would need annual revenues of $1.8T (obviously, still a very large number).
by dwaltrip 8y ago
Small correction: to have a ratio of 0.5x revenue with their current market cap they would need annual revenues of $1.8T (obviously, still a very large number).
For comparison, their revenue in 2017 was $178 billion, and in 2013 it was $74 billion.
- jacques_chester 8y agoI see what I did: crossed the wires on earnings and revenue between the steps. (2 trillion dollars seems like a big correction to me, btw)
- refurb 8y agoThis is a great way to think about it. Amazon is priced the same as a $1.8T company, so the assumption is that they will grow that big. It’s not entirely unreasonable as Walmart’s total revenue today is $0.5B.