Walmart Inc (WALM34) — Cash Flow Reinvestment Rate

Latest as of October 2025: 0.68x

Walmart Inc (WALM34) has a Cash Flow Reinvestment Rate of 0.68x as of October 2025, reinvesting R$18.65 Billion (capex R$18.63 Billion plus investments R$24.00 Million) from operating cash flow of R$27.45 Billion. See how much free cash does Walmart Inc generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.68x
(Capex + Investments) / Operating CF

Total Reinvested

R$18.65 Billion
Capex + Investments

Operating Cash Flow

R$27.45 Billion
BRL

Capital Expenditures

R$18.63 Billion
BRL

Walmart Inc Cash Flow Reinvestment Rate (2015–2025)

Historical reinvestment intensity for Walmart Inc across 11 annual periods. For the full cash flow conversion analysis, see Walmart Inc operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for Walmart Inc (2015–2025)

Year-by-year capital reinvestment analysis for Walmart Inc. See Walmart Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (BRL) Operating CF Capex YoY Change
2025 1.24x R$45.16 Billion R$36.44 Billion R$23.78 Billion ▲ +5.7%
2024 1.17x R$41.89 Billion R$35.73 Billion R$20.61 Billion ▼ -2.2%
2023 1.20x R$34.58 Billion R$28.84 Billion R$16.86 Billion ▲ +51.6%
2022 0.79x R$19.12 Billion R$24.18 Billion R$13.11 Billion ▲ +40.3%
2021 0.56x R$20.34 Billion R$36.07 Billion R$10.26 Billion ▼ -28.2%
2020 0.79x R$19.83 Billion R$25.25 Billion R$10.71 Billion ▼ -36.6%
2019 1.24x R$34.38 Billion R$27.75 Billion R$10.34 Billion ▲ +83.7%
2018 0.67x R$19.11 Billion R$28.34 Billion R$10.05 Billion ▼ -13.2%
2017 0.78x R$24.61 Billion R$31.67 Billion R$10.62 Billion ▲ +60.0%
2016 0.49x R$13.38 Billion R$27.55 Billion R$11.48 Billion ▼ -1.5%
2015 0.49x R$14.07 Billion R$28.56 Billion R$12.17 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow