Walmart Inc. (WMT) — Free Cash Flow Generation Index
Latest as of January 2026:
0.43x
Walmart Inc. (WMT) has a Free Cash Flow Generation Index of 0.43x as of January 2026. Free cash flow of $6.10 Billion represents 0% of operating cash flow ($14.11 Billion). See Walmart Inc. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.43x
Free Cash Flow / Operating CF
Free Cash Flow
$6.10 Billion
USD
Operating Cash Flow
$14.11 Billion
USD
Capital Expenditures
$8.02 Billion
USD
Walmart Inc. Free Cash Flow Generation Index (1990–2026)
Historical FCF Generation Index trend for Walmart Inc. across 37 annual periods. Explore Walmart Inc. (WMT) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Walmart Inc. (1990–2026)
Year-by-year Free Cash Flow Generation Index for Walmart Inc.. For the full company profile including market capitalisation, see WMT company net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.36x | $14.92 Billion | $41.56 Billion | $26.64 Billion | ▲ +3.3% |
| 2025 | 0.35x | $12.66 Billion | $36.44 Billion | $23.78 Billion | ▼ -17.9% |
| 2024 | 0.42x | $15.12 Billion | $35.73 Billion | $20.61 Billion | ▲ +0.6% |
| 2023 | 0.42x | $12.24 Billion | $29.10 Billion | $16.86 Billion | ▼ -8.1% |
| 2022 | 0.46x | $11.07 Billion | $24.18 Billion | $13.11 Billion | ▼ -36.0% |
| 2021 | 0.72x | $25.81 Billion | $36.07 Billion | $10.26 Billion | ▲ +24.2% |
| 2020 | 0.58x | $14.55 Billion | $25.25 Billion | $10.71 Billion | ▼ -8.2% |
| 2019 | 0.63x | $17.41 Billion | $27.75 Billion | $10.34 Billion | ▼ -2.8% |
| 2018 | 0.65x | $18.29 Billion | $28.34 Billion | $10.05 Billion | ▼ -2.3% |
| 2017 | 0.66x | $20.91 Billion | $31.67 Billion | $10.62 Billion | ▲ +13.2% |
| 2016 | 0.58x | $16.07 Billion | $27.55 Billion | $11.48 Billion | ▲ +1.7% |
| 2015 | 0.57x | $16.39 Billion | $28.56 Billion | $12.17 Billion | ▲ +31.6% |
| 2014 | 0.44x | $10.14 Billion | $23.26 Billion | $13.12 Billion | ▼ -12.1% |
| 2013 | 0.50x | $12.69 Billion | $25.59 Billion | $12.90 Billion | ▲ +12.0% |
| 2012 | 0.44x | $10.74 Billion | $24.25 Billion | $13.51 Billion | ▼ -4.3% |
| 2011 | 0.46x | $10.94 Billion | $23.64 Billion | $12.70 Billion | ▼ -13.6% |
| 2010 | 0.54x | $14.06 Billion | $26.25 Billion | $12.18 Billion | ▲ +6.5% |
| 2009 | 0.50x | $11.65 Billion | $23.15 Billion | $11.50 Billion | ▲ +89.1% |
| 2008 | 0.27x | $5.42 Billion | $20.35 Billion | $14.94 Billion | ▲ +19.3% |
| 2007 | 0.22x | $4.50 Billion | $20.16 Billion | $15.67 Billion | ▲ +28.1% |
| 2006 | 0.17x | $3.07 Billion | $17.63 Billion | $14.56 Billion | ▲ +21.8% |
| 2005 | 0.14x | $2.15 Billion | $15.04 Billion | $12.89 Billion | ▼ -59.8% |
| 2004 | 0.36x | $5.69 Billion | $16.00 Billion | $10.31 Billion | ▲ +45.6% |
| 2003 | 0.24x | $3.18 Billion | $13.01 Billion | $9.36 Billion | ▲ +33.5% |
| 2002 | 0.18x | $1.88 Billion | $10.26 Billion | $8.38 Billion | ▲ +12.5% |
| 2001 | 0.16x | $1.56 Billion | $9.60 Billion | $8.04 Billion | ▼ -33.7% |
| 2000 | 0.25x | $2.01 Billion | $8.19 Billion | $6.18 Billion | ▼ -51.6% |
| 1999 | 0.51x | $3.85 Billion | $7.58 Billion | $3.73 Billion | ▼ -19.5% |
| 1998 | 0.63x | $4.49 Billion | $7.12 Billion | $2.64 Billion | ▲ +13.6% |
| 1997 | 0.55x | $3.29 Billion | $5.93 Billion | $2.64 Billion | ▲ +211.7% |
| 1996 | -0.50x | $-1.18 Billion | $2.38 Billion | $3.57 Billion | ▼ -74.2% |
| 1995 | -0.28x | $-828.00 Million | $2.91 Billion | $3.73 Billion | ▲ +72.5% |
| 1994 | -1.04x | $-2.28 Billion | $2.20 Billion | $4.47 Billion | ▲ +47.0% |
| 1993 | -1.96x | $-2.50 Billion | $1.28 Billion | $3.78 Billion | ▼ -130.2% |
| 1992 | -0.85x | $-1.15 Billion | $1.36 Billion | $2.51 Billion | ▼ -235.8% |
| 1991 | -0.25x | $-328.30 Million | $1.30 Billion | $1.62 Billion | ▼ -150.1% |
| 1990 | -0.10x | $-87.80 Million | $866.80 Million | $954.60 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).