Walmart Cash Flow Statement
NASDAQ: WMTConsumer DiscretionaryDepartment/Specialty Retail StoresUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Walmart free cash flow
In fiscal 2026, Walmart generated $41.56 billion of operating cash flow and spent $26.64 billion on capital expenditures. That left free cash flow of $14.92 billion, a free-cash-flow margin of 2.1% of revenue. Free cash flow was up 17.9% from the prior year's $12.66 billion.
Walmart returned $15.60 billion to shareholders: $7.51 billion in dividends and $8.09 billion in share repurchases, equal to 105% of free cash flow. Free cash flow covered dividend payments 2.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Walmart cash flow statement (annual)
| Fiscal year (USD) | FY 20262026-01-31 | FY 20252025-01-31 | FY 20242024-01-31 | FY 20232023-01-31 | FY 20222022-01-31 | FY 20212021-01-31 | FY 20202020-01-31 | FY 20192019-01-31 | FY 20182018-01-31 | FY 20172017-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 22.27B | 20.16B | 16.27B | 11.29B | 13.94B | 13.71B | 15.20B | 7.18B | 10.52B | 14.29B |
| Net Income growth (YoY) | +10.48% | +23.89% | +44.08% | -19.00% | +1.71% | -9.83% | +111.74% | -31.78% | -26.38% | -5.22% |
| Depreciation & Amortization | 14.20B | 12.97B | 11.85B | 10.95B | 10.66B | 11.15B | 10.99B | 10.68B | 10.53B | 10.08B |
| Stock-Based Compensation | 3.60B | 2.77B | 2.09B | 1.58B | 1.16B | 1.17B | 854.00M | 773.00M | 626.00M | 596.00M |
| Change in Working Capital | 2.08B | 2.50B | 394.00M | 3.21B | 5.13B | 10.50B | 66.00M | 1.65B | 3.94B | 4.82B |
| Operating Cash Flow | 41.56B | 36.44B | 35.73B | 28.84B | 24.18B | 36.07B | 25.25B | 27.75B | 28.34B | 31.67B |
| Capital Expenditures | -26.64B | -23.78B | -20.61B | -16.86B | -13.11B | -10.26B | -10.71B | -10.34B | -10.05B | -10.62B |
| Investing Cash Flow | -26.35B | -21.38B | -21.29B | -17.72B | -6.01B | -10.07B | -9.13B | -24.04B | -9.08B | -13.90B |
| Dividends Paid | -7.51B | -6.69B | -6.14B | -6.11B | -6.15B | -6.12B | -6.05B | -6.10B | -6.12B | -6.22B |
| Share Repurchases | -8.09B | -4.49B | -2.78B | -9.92B | -9.79B | -2.63B | -5.72B | -7.41B | -8.30B | -8.30B |
| Debt Issued | 3.98B | 0 | 4.97B | 5.04B | 6.95B | 0 | 5.49B | 15.87B | 7.48B | 137.00M |
| Debt Repaid | -2.63B | -3.47B | -4.22B | -2.69B | -13.01B | -5.38B | -1.91B | -3.78B | -13.06B | -2.06B |
| Financing Cash Flow | -13.55B | -14.82B | -13.41B | -17.04B | -22.83B | -16.12B | -14.30B | -2.54B | -19.88B | -19.07B |
| Net Change in Cash | 1.78B | -399.00M | 1.09B | -5.99B | -4.80B | 10.12B | 1.76B | 742.00M | -130.00M | -1.75B |
| Free Cash Flow | 14.92B | 12.66B | 15.12B | 11.98B | 11.07B | 25.81B | 14.55B | 17.41B | 18.29B | 21.05B |
This table shows 10 annual periods of Walmart's cash flow statement, from FY 2026 back to FY 2017, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WMT's reporting calendar. What is a cash flow statement?