Walmart Inc. (WMT) — Cash Flow Quality Index
Walmart Inc. (WMT) has a Cash Flow Quality Index of 0.86x as of April 2026. Operating cash flow of $4.74 Billion is below net income of $5.49 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore WMT cash generation efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Walmart Inc. Cash Flow Quality Index (1990–2026)
Historical Cash Flow Quality Index for Walmart Inc. across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check total reinvestment intensity of Walmart Inc. to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Walmart Inc. (1990–2026)
Year-by-year earnings quality comparison for Walmart Inc.. For live market cap and the full company financial profile, see Walmart Inc. market cap and net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.87x | $41.56 Billion | $22.27 Billion | ▲ +3.2% |
| 2025 | 1.81x | $36.44 Billion | $20.16 Billion | ▼ -17.7% |
| 2024 | 2.20x | $35.73 Billion | $16.27 Billion | ▼ -14.8% |
| 2023 | 2.58x | $29.10 Billion | $11.29 Billion | ▲ +48.6% |
| 2022 | 1.73x | $24.18 Billion | $13.94 Billion | ▼ -34.1% |
| 2021 | 2.63x | $36.07 Billion | $13.71 Billion | ▲ +58.4% |
| 2020 | 1.66x | $25.25 Billion | $15.20 Billion | ▼ -57.0% |
| 2019 | 3.87x | $27.75 Billion | $7.18 Billion | ▲ +43.6% |
| 2018 | 2.69x | $28.34 Billion | $10.52 Billion | ▲ +16.0% |
| 2017 | 2.32x | $31.67 Billion | $13.64 Billion | ▲ +23.8% |
| 2016 | 1.88x | $27.55 Billion | $14.69 Billion | ▲ +10.4% |
| 2015 | 1.70x | $28.56 Billion | $16.81 Billion | ▲ +20.9% |
| 2014 | 1.41x | $23.26 Billion | $16.55 Billion | ▼ -6.7% |
| 2013 | 1.51x | $25.59 Billion | $17.00 Billion | ▲ +2.1% |
| 2012 | 1.47x | $24.25 Billion | $16.45 Billion | ▼ -0.5% |
| 2011 | 1.48x | $23.64 Billion | $15.96 Billion | ▼ -15.8% |
| 2010 | 1.76x | $26.25 Billion | $14.93 Billion | ▲ +4.3% |
| 2009 | 1.69x | $23.15 Billion | $13.73 Billion | ▲ +6.7% |
| 2008 | 1.58x | $20.35 Billion | $12.88 Billion | ▼ -4.6% |
| 2007 | 1.66x | $20.16 Billion | $12.18 Billion | ▲ +5.5% |
| 2006 | 1.57x | $17.63 Billion | $11.23 Billion | ▲ +7.1% |
| 2005 | 1.47x | $15.04 Billion | $10.27 Billion | ▼ -18.8% |
| 2004 | 1.81x | $16.00 Billion | $8.86 Billion | ▲ +11.6% |
| 2003 | 1.62x | $13.01 Billion | $8.04 Billion | ▲ +5.2% |
| 2002 | 1.54x | $10.26 Billion | $6.67 Billion | ▲ +0.8% |
| 2001 | 1.53x | $9.60 Billion | $6.29 Billion | ▲ +0.1% |
| 2000 | 1.52x | $8.19 Billion | $5.38 Billion | ▼ -10.9% |
| 1999 | 1.71x | $7.58 Billion | $4.43 Billion | ▼ -15.3% |
| 1998 | 2.02x | $7.12 Billion | $3.53 Billion | ▲ +4.1% |
| 1997 | 1.94x | $5.93 Billion | $3.06 Billion | ▲ +123.1% |
| 1996 | 0.87x | $2.38 Billion | $2.74 Billion | ▼ -19.8% |
| 1995 | 1.08x | $2.91 Billion | $2.68 Billion | ▲ +15.2% |
| 1994 | 0.94x | $2.20 Billion | $2.33 Billion | ▲ +46.8% |
| 1993 | 0.64x | $1.28 Billion | $1.99 Billion | ▼ -24.0% |
| 1992 | 0.84x | $1.36 Billion | $1.61 Billion | ▼ -16.0% |
| 1991 | 1.00x | $1.30 Billion | $1.29 Billion | ▲ +24.6% |
| 1990 | 0.81x | $866.80 Million | $1.08 Billion | — |