Walmart (WMT) Capital Expenditures (2009 - 2026)
Walmart (WMT) recorded Capital Expenditures of $7.5 billion in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 16.7% from $6.42 billion a year earlier and up 12.2% from the prior quarter.
Walmart (WMT) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Walmart's Capital Expenditures came in at $29.41 billion as of Jul 31, 2026, up 19.2% year-over-year; for FY2026 (ended Jan 31, 2026), it was $26.64 billion, up 12.0% from FY2025.
- Annual Capital Expenditures has increased for five straight fiscal years, with a five-year compound annual growth rate of 21.0% (FY2021 to FY2026).
- Across earlier fiscal years, Capital Expenditures came in at $23.78 billion in FY2025 (+15.4%), $20.61 billion in FY2024 (+22.2%), $16.86 billion in FY2023 (+28.6%) and $13.11 billion in FY2022 (+27.7%).
- Quarterly Capital Expenditures has ranged from $3.54 billion in fiscal Q1 2023 to $8.02 billion in fiscal Q4 2026 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for 23 consecutive quarters, with growth averaging 16.3% over the last eight quarters.
- The year-over-year growth in Capital Expenditures has ranged between 5.6% (fiscal Q1 2025) and 59.8% (fiscal Q1 2023) over the last five years.
- Per Business Quant, the preceding three fiscal quarters came in at $6.68 billion (Q1 2027), $8.02 billion (Q4 2026) and $7.22 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 862.64 Bn | 825.34 Bn | 49.13 Bn | 7.50 Bn |
| 2 | Costco Wholesale | 409.33 Bn | 338.62 Bn | 9.01 Bn | 1.41 Bn |
| 3 | Sysco | 37.65 Bn | 31.90 Bn | 4.13 Bn | 239.00 Mn |
| 4 | Kroger | 35.26 Bn | 21.42 Bn | 7.86 Bn | - |
| 5 | Dollar General | 27.43 Bn | 22.11 Bn | 3.68 Bn | 406.85 Mn |
| 6 | Caseys General Stores | 22.41 Bn | 20.40 Bn | 1.24 Bn | 194.40 Mn |
| 7 | Dollar Tree | 21.77 Bn | 18.40 Bn | 2.10 Bn | 246.30 Mn |
| 8 | US Foods Holding | 20.27 Bn | 20.06 Bn | 1.92 Bn | 76.00 Mn |
| 9 | Tractor Supply | 16.74 Bn | 15.90 Bn | 1.68 Bn | 233.10 Mn |
| 10 | Performance Food | 14.36 Bn | 14.14 Bn | 2.17 Bn | 118.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.50 Bn |
| Apr 30, 2026 | 6.68 Bn |
| Jan 31, 2026 | 8.02 Bn |
| Oct 31, 2025 | 7.22 Bn |
| Jul 31, 2025 | 6.42 Bn |
| Apr 30, 2025 | 4.99 Bn |
| Jan 31, 2025 | 7.09 Bn |
| Oct 31, 2024 | 6.19 Bn |
| Jul 31, 2024 | 5.83 Bn |
| Apr 30, 2024 | 4.68 Bn |
| Jan 31, 2024 | 5.93 Bn |
| Oct 31, 2023 | 5.46 Bn |
| Jul 31, 2023 | 4.79 Bn |
| Apr 30, 2023 | 4.43 Bn |
| Jan 31, 2023 | 4.80 Bn |
| Oct 31, 2022 | 4.57 Bn |
| Jul 31, 2022 | 3.95 Bn |
| Apr 30, 2022 | 3.54 Bn |
| Jan 31, 2022 | 4.52 Bn |
| Oct 31, 2021 | 3.57 Bn |
Walmart Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "WMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();