Walmart Inc. (WMT) — Cash Flow Quality Index
Walmart Inc. (WMT) has a Cash Flow Quality Index of 3.33x as of January 2026. Operating cash flow of $14.11 Billion exceeds net income of $4.24 Billion, indicating high earnings quality where cash backs reported profits. Explore Walmart Inc. long-term investment allocation to see how much of total assets are deployed in long-term investments.
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 tangible net worth ratio of Walmart Inc. to evaluate the tangible quality of the company's equity base.
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. (WMT) market capitalisation.
| 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 | — |