Walmart Inc. (WMT) — Free Cash Flow Generation Index

Latest as of April 2026: -0.41x

Walmart Inc. (WMT) has a Free Cash Flow Generation Index of -0.41x as of April 2026. Free cash flow of $-1.95 Billion represents 0% of operating cash flow ($4.74 Billion). Explore WMT capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

-0.41x
Free Cash Flow / Operating CF

Free Cash Flow

$-1.95 Billion
USD

Operating Cash Flow

$4.74 Billion
USD

Capital Expenditures

$6.68 Billion
USD

Walmart Inc. Free Cash Flow Generation Index (1990–2026)

Historical FCF Generation Index trend for Walmart Inc. across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Walmart Inc. generate cash.

Annual Free Cash Flow Generation for Walmart Inc. (1990–2026)

Year-by-year Free Cash Flow Generation Index for Walmart Inc.. Check Walmart Inc. total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

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).