Walmart (WMT) FCF Margin (2009 - 2026)

Walmart (WMT) posted FCF Margin of 1.11% for Q2 2026, down 135.54% sequentially from 3.12% in Q1 2026, and down 136.0% YoY from 3.08% in Q2 2025.

Walmart (WMT) FCF Margin (2009 - 2026) Analysis & Trends

Walmart has reported FCF Margin for 18 years, with the latest figure at 1.11% in Q2 2026.

Quarterly FCF Margin fell 136.0% year-over-year to 1.11% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 1.73% (down 25.0% YoY) and the FY2026 annual result came in at 2.09%, up 23.0% from the prior year.
FCF Margin eased to 1.11% in Q2 2026 per WMT's latest filing, from 3.12% in the prior quarter.
Over five years, FCF Margin peaked at 6.27% in Q1 2024 and troughed at 5.2% in Q2 2022.
A 5-year average of 1.8% and a median of 1.76% in 2022 frame the typical range for FCF Margin.
The sharpest annual moves came in 2022 and 2023: FCF Margin plunged 567 bps in 2022, then surged 534 bps in 2023.
Over 5 years, FCF Margin stood at 1.24% in 2022, then tumbled by 336 bps to 2.91% in 2023, then soared by 108 bps to 0.22% in 2024, then jumped by 374 bps to 1.05% in 2025, then tumbled by 206 bps to 1.11% in 2026.
According to Business Quant data, FCF Margin over the past three periods registered 1.11%, 3.12%, and 1.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	FCF Margin (Qtr)
1	Walmart	828.54 Bn	817.81 Bn	44.69 Bn	-1.09%
2	Costco Wholesale	414.96 Bn	394.96 Bn	9.01 Bn	2.89%
3	Target	72.00 Bn	68.46 Bn	7.38 Bn	-1.25%
4	Dollar General	26.64 Bn	25.29 Bn	3.41 Bn	3.38%
5	Dollar Tree	25.25 Bn	24.24 Bn	1.83 Bn	7.87%
6	BJ's Wholesale Club Holdings	11.76 Bn	11.73 Bn	1.03 Bn	-0.74%
7	Bbb Foods	5.91 Bn	5.23 Bn	250.62 Mn	0.03%
8	Pricesmart	5.12 Bn	4.80 Bn	262.22 Mn	0.22%
9	Ollie's Bargain Outlet Holdings	4.56 Bn	4.31 Bn	275.96 Mn	3.04%

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