>For a firm, gross income (also gross profit, sales profit, or credit sales) is the difference between revenue and the cost of making a product or providing a service, before deducting overheads, payroll, taxation, and interest payments.
Profit after deducting all expenses is net profit.
If $183 billion gross profit is $80000 per employee, you're talking about $5900 net profit per employee. Two dollars per employee wouldn't be a 5% profit loss, it would be an 85% profit loss.
It's not 183, it's 138 (see https://www.macrotrends.net/stocks/charts/WMT/walmart/gross-... ), but that's not the error. The big error is that the $138B they make is gross profit. To quote Wikipedia:
>For a firm, gross income (also gross profit, sales profit, or credit sales) is the difference between revenue and the cost of making a product or providing a service, before deducting overheads, payroll, taxation, and interest payments.
Profit after deducting all expenses is net profit.
Wal-mart's net profit in 2021 was 13.51 billion: https://www.macrotrends.net/stocks/charts/WMT/walmart/net-in....
If $183 billion gross profit is $80000 per employee, you're talking about $5900 net profit per employee. Two dollars per employee wouldn't be a 5% profit loss, it would be an 85% profit loss.