Walmart Inc. Common Stock (WMT) — Cash Flow Reinvestment Rate
Walmart Inc. Common Stock (WMT) has a Cash Flow Reinvestment Rate of 1.10x as of October 2025, reinvesting $10.00 Billion (capex $9.97 Billion plus investments $24.00 Million) from operating cash flow of $9.10 Billion. See WMT FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Walmart Inc. Common Stock Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for Walmart Inc. Common Stock across 36 annual periods. For the full cash flow conversion analysis, see Walmart Inc. Common Stock cash flow conversion.
Annual Cash Flow Reinvestment Rate for Walmart Inc. Common Stock (1990–2025)
Year-by-year capital reinvestment analysis for Walmart Inc. Common Stock. See Walmart Inc. Common Stock (WMT) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 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 | — |