Walmart vs. Amazon: 20-Year Market Cap Crossover (2005–2025)

The chart plots annual market caps (in USD B) for Walmart (orange) and Amazon (black) from 2005 ($195B vs. $20B) through 2025 (projected $801B vs. $2,478B). Amazon overtook Walmart in 2015 ($317B vs. $196B), then surged to a $1.7T peak in 2021 and maintains a commanding lead. Source: MarketCapWatch