TTM
1.7%
YoY change
+0.23pp
Trough year (1993)
-4.5%
Peak year (2021)
4.6%
Latest annual
2.1%
FCF Margin history chart for Walmart (WMT) from 1990 to 2026
Latest: 2.1%
FCF Margin change chart for Walmart (WMT) from 1990 to 2026
Latest: +0.23pp
FCF Margin history table for Walmart (WMT) from 1990 to 2026
| 2026 | 2.1% | +0.23pp | ||
| 2025 | 1.9% | -0.47pp | ||
| 2024 | 2.3% | +0.37pp | ||
| 2023 | 2.0% | +0.03pp | ||
| 2022 | 1.9% | -2.68pp | ||
| 2021 | 4.6% | +1.84pp | ||
| 2020 | 2.8% | -0.61pp | ||
| 2019 | 3.4% | -0.27pp | ||
| 2018 | 3.7% | -0.65pp | ||
| 2017 | 4.3% | +0.97pp | ||
| 2016 | 3.3% | -0.04pp | ||
| 2015 | 3.4% | +1.25pp | ||
| 2014 | 2.1% | -0.58pp | ||
| 2013 | 2.7% | +0.30pp | ||
| 2012 | 2.4% | -0.19pp | ||
| 2011 | 2.6% | -0.85pp | ||
| 2010 | 3.4% | +0.57pp | ||
| 2009 | 2.9% | +1.44pp | ||
| 2008 | 1.4% | +0.15pp | ||
| 2007 | 1.3% | +0.31pp | ||
| 2006 | 1.0% | +0.23pp | ||
| 2005 | 0.8% | -1.44pp | ||
| 2004 | 2.2% | +0.91pp | ||
| 2003 | 1.3% | +0.38pp | ||
| 2002 | 0.9% | +0.10pp | ||
| 2001 | 0.8% | -0.40pp | ||
| 2000 | 1.2% | -1.56pp | ||
| 1999 | 2.8% | -1.00pp | ||
| 1998 | 3.8% | +0.66pp | ||
| 1997 | 3.1% | +4.35pp | ||
| 1996 | -1.2% | -0.26pp | ||
| 1995 | -1.0% | +2.39pp | ||
| 1994 | -3.4% | +1.13pp | ||
| 1993 | -4.5% | -1.88pp | ||
| 1992 | -2.6% | -1.62pp | ||
| 1991 | -1.0% | -0.67pp | ||
| 1990 | -0.3% | — |
- 20262.1%+0.23pp
- 20251.9%-0.47pp
- 20242.3%+0.37pp
- 20232.0%+0.03pp
- 20221.9%-2.68pp
- 20214.6%+1.84pp
- 20202.8%-0.61pp
- 20193.4%-0.27pp
- 20183.7%-0.65pp
- 20174.3%+0.97pp
- 20163.3%-0.04pp
- 20153.4%+1.25pp
- 20142.1%-0.58pp
- 20132.7%+0.30pp
- 20122.4%-0.19pp
- 20112.6%-0.85pp
- 20103.4%+0.57pp
- 20092.9%+1.44pp
- 20081.4%+0.15pp
- 20071.3%+0.31pp
- 20061.0%+0.23pp
- 20050.8%-1.44pp
- 20042.2%+0.91pp
- 20031.3%+0.38pp
- 20020.9%+0.10pp
- 20010.8%-0.40pp
- 20001.2%-1.56pp
- 19992.8%-1.00pp
- 19983.8%+0.66pp
- 19973.1%+4.35pp
- 1996-1.2%-0.26pp
- 1995-1.0%+2.39pp
- 1994-3.4%+1.13pp
- 1993-4.5%-1.88pp
- 1992-2.6%-1.62pp
- 1991-1.0%-0.67pp
- 1990-0.3%—
FCF Margin values are taken from Walmart's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Walmart (WMT)
According to Walmart's latest reported financial statements, the company's latest reported free cash flow margin is 1.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2026 reading of Walmart (WMT) free cash flow margin is 2.09% – expanded 0.2 percentage points year-over-year.
The highest annual free cash flow margin of 4.62% was reported in 2021. The lowest in the available history was -4.51% in 1993.
Walmart FCF Margin by Year
Walmart FCF Margin 2026: 2.1%
Walmart free cash flow margin in 2026 was 2.09%, expanded 0.2 percentage points from 2025.
Walmart FCF Margin 2025: 1.9%
2025's free cash flow margin for Walmart came in at 1.86%, contracted 0.5 percentage points from 2024.
Walmart FCF Margin 2024: 2.3%
Walmart posted free cash flow margin of 2.33% in 2024, expanded 0.4 percentage points from 2023.
Walmart FCF Margin 2023: 2.0%
In 2023, Walmart reported free cash flow margin of 1.96%, expanded 0.0 percentage points from 2022.
Walmart FCF Margin 2022: 1.9%
Walmart free cash flow margin in 2022 was 1.93%.
See more financial history for Walmart (WMT).
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Consumer Defensive peers of Walmart (WMT), ranked by their latest free cash flow margin
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