Walmart Inc. Common Stock (WMT) — Cash Flow Quality Index
Walmart Inc. Common Stock (WMT) has a Cash Flow Quality Index of 1.49x as of October 2025. Operating cash flow of $9.10 Billion exceeds net income of $6.09 Billion, indicating high earnings quality where cash backs reported profits. Explore Walmart Inc. Common Stock (WMT) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Walmart Inc. Common Stock Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for Walmart Inc. Common Stock across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Walmart Inc. Common Stock.
Annual Cash Flow Quality Index for Walmart Inc. Common Stock (1990–2025)
Year-by-year earnings quality comparison for Walmart Inc. Common Stock.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 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 | — |