Walmart annual free cash flow
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Walmart Free Cash Flow (FCF) History (WMT)
Walmart reported $14.92B in free cash flow for fiscal 2026, an increase of 17.88% from the previous fiscal year, with a free cash flow margin of 2.11%.
View full Walmart company overviewWalmart free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-01-31 | $14.92B | $2.26B | +17.88% | +2.11% |
| 2025 | 2025-01-31 | $12.66B | −$2.46B | −16.27% | +1.88% |
| 2024 | 2024-01-31 | $15.12B | $3.14B | +26.17% | +2.35% |
| 2023 | 2023-01-31 | $11.98B | $909.0M | +8.21% | +1.98% |
| 2022 | 2022-01-31 | $11.07B | −$14.73B | −57.09% | +1.95% |
| 2021 | 2021-01-31 | $25.81B | $11.26B | +77.39% | +4.65% |
| 2020 | 2020-01-31 | $14.55B | −$2.86B | −16.42% | +2.80% |
| 2019 | 2019-01-31 | $17.41B | −$877.0M | −4.80% | +3.41% |
| 2018 | 2018-01-31 | $18.29B | −$2.77B | −13.15% | +3.69% |
| 2017 | 2017-01-31 | $21.05B | $4.98B | +30.97% | +4.37% |
| 2016 | 2016-01-31 | $16.07B | −$315.0M | −1.92% | +3.33% |
| 2015 | 2015-01-31 | $16.39B | $6.25B | +61.61% | +3.37% |
| 2014 | 2014-01-31 | $10.14B | −$2.55B | −20.10% | +2.13% |
| 2013 | 2013-01-31 | $12.69B | $1.75B | +15.98% | +2.71% |
| 2010 | 2011-01-31 | $10.94B | −$3.12B | −22.19% | +2.59% |
| 2009 | 2010-01-31 | $14.06B | $2.42B | +20.75% | +3.45% |
| 2008 | 2009-01-31 | $11.65B | $5.94B | +104.17% | +2.88% |
| 2007 | 2008-01-31 | $5.71B | — | — | +1.51% |
Walmart quarterly free cash flow
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Q1.27
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q1 2027 | 2026-04-30 | −$1.95B | −$2.37B | — | −1.11% |
| Q4 2026 | 2026-01-31 | $6.10B | −$340.0M | −5.28% | +3.23% |
| Q3 2026 | 2025-10-31 | $1.88B | $1.51B | +405.91% | +1.06% |
| Q2 2026 | 2025-07-31 | $6.52B | $241.0M | +3.84% | +3.71% |
| Q1 2026 | 2025-04-30 | $425.0M | $852.0M | — | +0.26% |
| Q4 2025 | 2025-01-31 | $6.44B | −$4.34B | −40.28% | +3.60% |
| Q3 2025 | 2024-10-31 | $372.0M | $5.02B | — | +0.22% |
| Q2 2025 | 2024-07-31 | $6.28B | −$2.50B | −28.52% | +3.74% |
| Q1 2025 | 2024-04-30 | −$427.0M | −$631.0M | — | −0.27% |
| Q4 2024 | 2024-01-31 | $10.78B | $2.43B | +29.15% | +6.27% |
| Q3 2024 | 2023-10-31 | −$4.64B | −$6.53B | — | −2.91% |
| Q2 2024 | 2023-07-31 | $8.78B | −$264.0M | −2.92% | +5.48% |
| Q1 2024 | 2023-04-30 | $204.0M | $7.50B | — | +0.14% |
| Q4 2023 | 2023-01-31 | $8.35B | $4.97B | +147.54% | +5.13% |
| Q3 2023 | 2022-10-31 | $1.89B | $1.59B | +531.77% | +1.25% |
| Q2 2023 | 2022-07-31 | $9.04B | $2.29B | +33.80% | +5.97% |
| Q1 2023 | 2022-04-30 | −$7.30B | −$7.94B | — | −5.20% |
| Q4 2022 | 2022-01-31 | $3.37B | −$6.00B | −64.01% | +2.23% |
| Q3 2022 | 2021-10-31 | $299.0M | −$756.0M | −71.66% | +0.21% |
| Q2 2022 | 2021-07-31 | $6.76B | −$3.36B | −33.21% | +4.83% |
| Q1 2022 | 2021-04-30 | $644.0M | −$4.62B | −87.77% | +0.47% |
| Q4 2021 | 2021-01-31 | $9.37B | $1.59B | +20.47% | +6.20% |
| Q3 2021 | 2020-10-31 | $1.05B | $595.0M | +129.35% | +0.79% |
| Q2 2021 | 2020-07-31 | $10.12B | $5.17B | +104.24% | +7.40% |
| Q1 2021 | 2020-04-30 | $5.26B | $3.91B | +287.70% | +3.94% |
| Q4 2020 | 2020-01-31 | $7.78B | $661.0M | +9.29% | +5.53% |
| Q3 2020 | 2019-10-31 | $460.0M | −$3.02B | −86.79% | +0.36% |
| Q2 2020 | 2019-07-31 | $4.96B | $1.49B | +42.82% | +3.83% |
| Q1 2020 | 2019-04-30 | $1.36B | −$1.99B | −59.38% | +1.10% |
| Q4 2019 | 2019-01-31 | $7.12B | −$1.02B | −12.53% | +5.17% |
| Q3 2019 | 2018-10-31 | $3.48B | $266.0M | +8.27% | +2.81% |
| Q2 2019 | 2018-07-31 | $3.47B | −$72.0M | −2.03% | +2.73% |
| Q1 2019 | 2018-04-30 | $3.34B | −$52.0M | −1.53% | +2.75% |
| Q4 2018 | 2018-01-31 | $8.13B | −$598.0M | −6.85% | +6.13% |
| Q3 2018 | 2017-10-31 | $3.21B | $1.21B | +59.95% | +2.63% |
| Q2 2018 | 2017-07-31 | $3.54B | −$2.79B | −44.03% | +2.87% |
| Q1 2018 | 2017-04-30 | $3.40B | −$589.0M | −14.78% | +2.89% |
| Q4 2017 | 2017-01-31 | $8.73B | −$561.0M | −6.04% | +6.91% |
| Q3 2017 | 2016-10-31 | $2.01B | $286.0M | +16.59% | +1.70% |
| Q2 2017 | 2016-07-31 | $6.33B | $3.51B | +124.80% | +5.24% |
| Q1 2017 | 2016-04-30 | $3.98B | $1.74B | +77.62% | +3.44% |
| Q4 2016 | 2016-01-31 | $9.29B | $130.0M | +1.42% | +7.17% |
| Q3 2016 | 2015-10-31 | $1.72B | $1.28B | +291.82% | +1.47% |
| Q2 2016 | 2015-07-31 | $2.81B | −$190.0M | −6.32% | +2.34% |
| Q1 2016 | 2015-04-30 | $2.24B | −$1.54B | −40.69% | +1.95% |
| Q4 2015 | 2015-01-31 | $9.16B | $2.83B | +44.80% | +6.96% |
| Q3 2015 | 2014-10-31 | $440.0M | $1.81B | — | +0.37% |
| Q2 2015 | 2014-07-31 | $3.00B | −$254.0M | −7.79% | +2.50% |
| Q1 2015 | 2014-04-30 | $3.78B | $1.86B | +96.37% | +3.29% |
| Q4 2014 | 2014-01-31 | $6.33B | $621.0M | +10.88% | +4.88% |
| Q3 2014 | 2013-10-31 | −$1.37B | −$2.28B | — | −1.19% |
| Q2 2014 | 2013-07-31 | $3.26B | $245.0M | +8.13% | +2.79% |
| Q1 2014 | 2013-04-30 | $1.93B | −$1.13B | −37.04% | +1.69% |
| Q4 2013 | 2013-01-31 | $5.71B | $6.37B | — | +4.47% |
| Q3 2011 · Oct 31 | 2012-10-31 | $913.0M | −$3.54B | −79.49% | +0.80% |
| Q2 2011 · Jul 31 | 2012-07-31 | $3.01B | $3.43B | — | +2.64% |
| Q1 2011 · Apr 30 | 2012-04-30 | $3.06B | −$4.94B | −61.75% | +2.71% |
| Q3 2011 · Oct 31 | 2011-10-31 | −$666.0M | $853.0M | — | −0.60% |
| Q2 2011 · Jul 31 | 2011-07-31 | $4.45B | −$1.60B | −26.47% | +4.07% |
| Q1 2011 · Apr 30 | 2011-04-30 | −$415.0M | $1.18B | — | −0.40% |
| Q4 2010 | 2011-01-31 | $8.00B | −$2.51B | −23.90% | +6.87% |
| Q3 2010 | 2010-10-31 | −$1.52B | −$923.0M | — | −1.49% |
| Q2 2010 | 2010-07-31 | $6.05B | $2.87B | +89.99% | +5.84% |
| Q1 2010 | 2010-04-30 | −$1.59B | −$2.55B | — | −1.59% |
| Q4 2009 | 2010-01-31 | $10.51B | $13.35B | — | +9.25% |
| Q3 2009 | 2009-10-31 | −$596.0M | — | — | −0.60% |
| Q2 2009 | 2009-07-31 | $3.19B | — | — | +3.16% |
| Q1 2009 | 2009-04-30 | $964.0M | — | — | +1.02% |
| Q3 2008 | 2008-10-31 | −$2.84B | — | — | −2.89% |
Walmart free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $25.81B to $14.92B, a compound annual decline of 10.38%. Walmart's latest reported quarter, Q1 2027, generated −$1.95B in free cash flow, a decrease of $2.37B year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Walmart filings at SEC.gov ↗