Walmart (WMT) FCF Margin (2009 - 2026)
Walmart's (WMT) quarterly FCF Margin came in at 3.98% in Q3 2026, up 30.0% year-over-year from 3.06% in Q3 2025, and up 463.3% quarter-over-quarter from 1.09% in Q2 2026.
Analysis
Walmart (WMT) FCF Margin (2009 - 2026) Analysis & Trends
Walmart has disclosed FCF Margin across 18 years of filings, most recently posting 3.98% for Q3 2026.
- In Q3 2026, FCF Margin rose 30.0% year-over-year to 3.98%; the TTM figure through Jul 2026 stood at 1.84% (down 15.0% YoY), while the FY2026 annual figure was 2.09%, up 23.0% from the prior year.
- FCF Margin came in at 3.98% for Q3 2026 at Walmart, up from 1.09% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 6.22% in Q1 2024 to a low of 5.15% in Q2 2022.
- Average FCF Margin over 5 years is 1.92%, with a median of 2.21% recorded in 2022.
- Year-over-year, FCF Margin slumped 562 bps in 2022 and jumped 529 bps in 2023.
- Over 5 years, FCF Margin stood at 1.24% in 2022, then sank by 334 bps to 2.89% in 2023, then surged by 108 bps to 0.22% in 2024, then jumped by 378 bps to 1.05% in 2025, then jumped by 279 bps to 3.98% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 3.98% in Q3 2026, 1.09% in Q2 2026, and 3.2% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 850.02 Bn | 844.76 Bn | 49.13 Bn | 3.98% |
| 2 | Dollar General | 29.37 Bn | 27.78 Bn | 3.68 Bn | 3.31% |
| 3 | Dollar Tree | 24.66 Bn | 23.61 Bn | 2.10 Bn | 13.80% |
| 4 | Tractor Supply | 18.26 Bn | 18.03 Bn | 1.68 Bn | 7.24% |
| 5 | Bbb Foods | 5.81 Bn | 5.13 Bn | 250.62 Mn | 0.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.98% |
| Apr 30, 2026 | -1.09% |
| Jan 31, 2026 | 3.20% |
| Oct 31, 2025 | 1.05% |
| Jul 31, 2025 | 3.67% |
| Apr 30, 2025 | 0.26% |
| Jan 31, 2025 | 3.57% |
| Oct 31, 2024 | 0.22% |
| Jul 31, 2024 | 3.71% |
| Apr 30, 2024 | -0.26% |
| Jan 31, 2024 | 6.22% |
| Oct 31, 2023 | -2.89% |
| Jul 31, 2023 | 5.43% |
| Apr 30, 2023 | 0.13% |
| Jan 31, 2023 | 5.09% |
| Oct 31, 2022 | 1.24% |
| Jul 31, 2022 | 5.92% |
| Apr 30, 2022 | -5.15% |
| Jan 31, 2022 | 2.21% |
| Oct 31, 2021 | 0.21% |