Walmart Inc. Cash Flow Quality Index
Walmart Inc. cash flow quality index. Walmart Inc. (WMT) has a Cash Flow Quality Index of 2.29x as of July 2026. Operating cash flow of $14.97 Billion exceeds net income of $6.53 Billion, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Walmart Inc. to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Walmart Inc. (1990–2026)
Cash flow quality index of Walmart Inc. from 1990 to 2026. Historical Cash Flow Quality Index for Walmart Inc. across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. See debt-free asset ratio of Walmart Inc. to measure how much of total assets are equity-financed.
Walmart Inc. Cash Flow Quality Index by Year (1990–2026)
Walmart Inc. cash flow quality index by year from 1990 to 2026. Year-by-year earnings quality comparison for Walmart Inc.. For the full cash flow conversion analysis, see WMT cash flow metrics.
| 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 | — |