Walmart Inc. (WMT) — Cash Flow Reinvestment Rate
Latest as of April 2026:
1.41x
Walmart Inc. (WMT) has a Cash Flow Reinvestment Rate of 1.41x as of April 2026, reinvesting $6.68 Billion (capex $6.68 Billion ) from operating cash flow of $4.74 Billion. Check WMT cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
1.41x
(Capex + Investments) / Operating CF
Total Reinvested
$6.68 Billion
Capex + Investments
Operating Cash Flow
$4.74 Billion
USD
Capital Expenditures
$6.68 Billion
USD
Walmart Inc. Cash Flow Reinvestment Rate (1990–2026)
Historical reinvestment intensity for Walmart Inc. across 37 annual periods. Explore Walmart Inc. (WMT) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Walmart Inc. (1990–2026)
Year-by-year capital reinvestment analysis for Walmart Inc.. For live market cap and broader valuation context, see WMT stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.66x | $27.57 Billion | $41.56 Billion | $26.64 Billion | ▼ -46.5% |
| 2025 | 1.24x | $45.16 Billion | $36.44 Billion | $23.78 Billion | ▲ +5.7% |
| 2024 | 1.17x | $41.89 Billion | $35.73 Billion | $20.61 Billion | ▼ -1.3% |
| 2023 | 1.19x | $34.58 Billion | $29.10 Billion | $16.86 Billion | ▲ +50.3% |
| 2022 | 0.79x | $19.12 Billion | $24.18 Billion | $13.11 Billion | ▲ +40.3% |
| 2021 | 0.56x | $20.34 Billion | $36.07 Billion | $10.26 Billion | ▼ -28.2% |
| 2020 | 0.79x | $19.83 Billion | $25.25 Billion | $10.71 Billion | ▼ -36.6% |
| 2019 | 1.24x | $34.38 Billion | $27.75 Billion | $10.34 Billion | ▲ +83.7% |
| 2018 | 0.67x | $19.11 Billion | $28.34 Billion | $10.05 Billion | ▼ -13.2% |
| 2017 | 0.78x | $24.61 Billion | $31.67 Billion | $10.62 Billion | ▲ +60.0% |
| 2016 | 0.49x | $13.38 Billion | $27.55 Billion | $11.48 Billion | ▼ -1.5% |
| 2015 | 0.49x | $14.07 Billion | $28.56 Billion | $12.17 Billion | ▼ -12.6% |
| 2014 | 0.56x | $13.12 Billion | $23.26 Billion | $13.12 Billion | ▲ +11.9% |
| 2013 | 0.50x | $12.90 Billion | $25.59 Billion | $12.90 Billion | ▼ -9.5% |
| 2012 | 0.56x | $13.51 Billion | $24.25 Billion | $13.51 Billion | ▲ +3.7% |
| 2011 | 0.54x | $12.70 Billion | $23.64 Billion | $12.70 Billion | ▲ +15.7% |
| 2010 | 0.46x | $12.18 Billion | $26.25 Billion | $12.18 Billion | ▼ -6.6% |
| 2009 | 0.50x | $11.50 Billion | $23.15 Billion | $11.50 Billion | ▼ -32.3% |
| 2008 | 0.73x | $14.94 Billion | $20.35 Billion | $14.94 Billion | ▼ -5.5% |
| 2007 | 0.78x | $15.67 Billion | $20.16 Billion | $15.67 Billion | ▼ -5.9% |
| 2006 | 0.83x | $14.56 Billion | $17.63 Billion | $14.56 Billion | ▼ -3.6% |
| 2005 | 0.86x | $12.89 Billion | $15.04 Billion | $12.89 Billion | ▲ +33.0% |
| 2004 | 0.64x | $10.31 Billion | $16.00 Billion | $10.31 Billion | ▼ -10.4% |
| 2003 | 0.72x | $9.36 Billion | $13.01 Billion | $9.36 Billion | ▼ -12.0% |
| 2002 | 0.82x | $8.38 Billion | $10.26 Billion | $8.38 Billion | ▼ -2.4% |
| 2001 | 0.84x | $8.04 Billion | $9.60 Billion | $8.04 Billion | ▲ +11.0% |
| 2000 | 0.75x | $6.18 Billion | $8.19 Billion | $6.18 Billion | ▲ +53.2% |
| 1999 | 0.49x | $3.73 Billion | $7.58 Billion | $3.73 Billion | ▲ +33.1% |
| 1998 | 0.37x | $2.64 Billion | $7.12 Billion | $2.64 Billion | ▼ -17.0% |
| 1997 | 0.45x | $2.64 Billion | $5.93 Billion | $2.64 Billion | ▼ -70.2% |
| 1996 | 1.50x | $3.57 Billion | $2.38 Billion | $3.57 Billion | ▲ +16.5% |
| 1995 | 1.28x | $3.73 Billion | $2.91 Billion | $3.73 Billion | ▼ -36.9% |
| 1994 | 2.04x | $4.47 Billion | $2.20 Billion | $4.47 Billion | ▼ -31.1% |
| 1993 | 2.96x | $3.78 Billion | $1.28 Billion | $3.78 Billion | ▲ +59.9% |
| 1992 | 1.85x | $2.51 Billion | $1.36 Billion | $2.51 Billion | ▲ +47.7% |
| 1991 | 1.25x | $1.62 Billion | $1.30 Billion | $1.62 Billion | ▲ +13.8% |
| 1990 | 1.10x | $954.60 Million | $866.80 Million | $954.60 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow