Walmart Inc (WALM34) — Capital Reinvestment Ratio
Walmart Inc (WALM34) has a Capital Reinvestment Ratio of 0.68x as of October 2025, meaning it reinvests 1% of its operating cash flow (R$27.45 Billion) in capital expenditures (R$18.63 Billion). See Walmart Inc balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Walmart Inc Capital Reinvestment Ratio (2015–2025)
This chart tracks Walmart Inc's Capital Reinvestment Ratio across 11 annual periods. Check WALM34 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Walmart Inc (2015–2025)
Year-by-year Capital Reinvestment Ratio for Walmart Inc from 2015 to 2025. For live market cap and broader valuation context, see Walmart Inc market capitalisation.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.65x | R$36.44 Billion | R$23.78 Billion | ▲ +13.1% |
| 2024 | 0.58x | R$35.73 Billion | R$20.61 Billion | ▼ -1.3% |
| 2023 | 0.58x | R$28.84 Billion | R$16.86 Billion | ▲ +7.8% |
| 2022 | 0.54x | R$24.18 Billion | R$13.11 Billion | ▲ +90.5% |
| 2021 | 0.28x | R$36.07 Billion | R$10.26 Billion | ▼ -32.9% |
| 2020 | 0.42x | R$25.25 Billion | R$10.71 Billion | ▲ +13.7% |
| 2019 | 0.37x | R$27.75 Billion | R$10.34 Billion | ▲ +5.1% |
| 2018 | 0.35x | R$28.34 Billion | R$10.05 Billion | ▲ +5.8% |
| 2017 | 0.34x | R$31.67 Billion | R$10.62 Billion | ▼ -19.5% |
| 2016 | 0.42x | R$27.55 Billion | R$11.48 Billion | ▼ -2.3% |
| 2015 | 0.43x | R$28.56 Billion | R$12.17 Billion | — |