Walmart Inc. (WMT) — Cash Flow-to-Debt Ratio
Walmart Inc. (WMT) has a Cash Flow-to-Debt Ratio of 0.03x as of April 2026, meaning its operating cash flow of $4.74 Billion could theoretically repay 0% of its total liabilities ($188.63 Billion) in one year. See Walmart Inc. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Walmart Inc. Cash Flow-to-Debt Ratio (1990–2026)
Historical debt coverage capacity for Walmart Inc. across 37 annual periods. For the full cash flow conversion analysis, see Walmart Inc. (WMT) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Walmart Inc. (1990–2026)
Year-by-year debt coverage analysis for Walmart Inc.. Check WMT operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.23x | $41.56 Billion | $178.49 Billion | ▲ +4.2% |
| 2025 | 0.22x | $36.44 Billion | $163.13 Billion | ▲ +1.2% |
| 2024 | 0.22x | $35.73 Billion | $161.83 Billion | ▲ +21.0% |
| 2023 | 0.18x | $29.10 Billion | $159.47 Billion | ▲ +15.4% |
| 2022 | 0.16x | $24.18 Billion | $152.97 Billion | ▼ -27.7% |
| 2021 | 0.22x | $36.07 Billion | $164.97 Billion | ▲ +34.2% |
| 2020 | 0.16x | $25.25 Billion | $154.94 Billion | ▼ -18.0% |
| 2019 | 0.20x | $27.75 Billion | $139.66 Billion | ▼ -13.3% |
| 2018 | 0.23x | $28.34 Billion | $123.70 Billion | ▼ -14.4% |
| 2017 | 0.27x | $31.67 Billion | $118.29 Billion | ▲ +12.7% |
| 2016 | 0.24x | $27.55 Billion | $115.97 Billion | ▼ -2.0% |
| 2015 | 0.24x | $28.56 Billion | $117.77 Billion | ▲ +27.1% |
| 2014 | 0.19x | $23.26 Billion | $121.92 Billion | ▼ -9.9% |
| 2013 | 0.21x | $25.59 Billion | $120.85 Billion | ▲ +2.4% |
| 2012 | 0.21x | $24.25 Billion | $117.24 Billion | ▼ -4.6% |
| 2011 | 0.22x | $23.64 Billion | $109.01 Billion | ▼ -19.5% |
| 2010 | 0.27x | $26.25 Billion | $97.47 Billion | ▲ +14.2% |
| 2009 | 0.24x | $23.15 Billion | $98.14 Billion | ▲ +14.6% |
| 2008 | 0.21x | $20.35 Billion | $98.91 Billion | ▼ -8.5% |
| 2007 | 0.22x | $20.16 Billion | $89.62 Billion | ▲ +8.5% |
| 2006 | 0.21x | $17.63 Billion | $85.02 Billion | ▼ -2.4% |
| 2005 | 0.21x | $15.04 Billion | $70.83 Billion | ▼ -18.6% |
| 2004 | 0.26x | $16.00 Billion | $61.29 Billion | ▲ +11.1% |
| 2003 | 0.23x | $13.01 Billion | $55.35 Billion | ▲ +10.7% |
| 2002 | 0.21x | $10.26 Billion | $48.35 Billion | ▲ +3.4% |
| 2001 | 0.21x | $9.60 Billion | $46.79 Billion | ▲ +11.5% |
| 2000 | 0.18x | $8.19 Billion | $44.52 Billion | ▼ -29.9% |
| 1999 | 0.26x | $7.58 Billion | $28.88 Billion | ▼ -1.0% |
| 1998 | 0.26x | $7.12 Billion | $26.88 Billion | ▲ +0.4% |
| 1997 | 0.26x | $5.93 Billion | $22.46 Billion | ▲ +152.4% |
| 1996 | 0.10x | $2.38 Billion | $22.79 Billion | ▼ -27.7% |
| 1995 | 0.14x | $2.91 Billion | $20.09 Billion | ▲ +3.3% |
| 1994 | 0.14x | $2.20 Billion | $15.69 Billion | ▲ +29.2% |
| 1993 | 0.11x | $1.28 Billion | $11.81 Billion | ▼ -32.5% |
| 1992 | 0.16x | $1.36 Billion | $8.45 Billion | ▼ -25.4% |
| 1991 | 0.22x | $1.30 Billion | $6.02 Billion | ▲ +5.1% |
| 1990 | 0.20x | $866.80 Million | $4.23 Billion | — |