Walmart Inc.(WMT)
Discount Stores · Bentonville, AR
$107.14-1.28 (-1.18%)
Delayed quote: Sep 4, 2026, 4:00 PM EDT
Discount Stores · Bentonville, AR
Delayed quote: Sep 4, 2026, 4:00 PM EDT
Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the FCF payout ratio high or low?
The FCF payout ratio of 56.98% is 23% above its 5-year average of 46.42%, near the low end of its 5-year range (31.35%–196.11%).
As of the fiscal period ended Friday, July 31, 2026. 6.53% above its 12-month average of 53.48%.
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
FCF PAYOUT RATIO
56.98%
FCF PAYOUT RATIO AVG TTM
53.48%
FCF PAYOUT RATIO AVG 3Y
48.24%
FCF PAYOUT RATIO AVG 5Y
46.42%
FCF PAYOUT RATIO AVG 10Y
39.14%
FCF PAYOUT RATIO AVG 15Y
41.09%
FCF PAYOUT RATIO AVG 20Y
41.59%
CURRENT VS TTM AVG
+6.53%
CURRENT VS 3Y AVG
+18.12%
CURRENT VS 5Y AVG
+22.74%
CURRENT VS 10Y AVG
+45.58%
CURRENT VS 15Y AVG
+38.67%
CURRENT VS 20Y AVG
+37.01%
FCF Payout Ratio TTM
57.0%
Earnings Payout Ratio
35.3%
Dividend Yield
0.91%
FCF Yield
1.58%
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $14.92B | $7.51B | 50.3% |
| 2025 | $12.66B | $6.69B | 52.8% |
| 2024 | $15.12B | $6.14B | 40.6% |
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-07-31 | 56.98% |
| 2026-04-30 | 60.54% |
| 2026-01-31 | 50.30% |
| 2025-10-31 | 47.92% |
| 2025-07-31 | 51.68% |
| 2025-04-30 | 51.04% |
| 2025-01-31 | 52.83% |
| 2024-10-31 | 38.45% |
| 2024-07-31 | 53.43% |
| 2024-04-30 | 43.29% |
| 2024-01-31 | 40.61% |
| 2023-10-31 | 48.24% |
| 2023-07-31 | 31.76% |
| 2023-04-30 | 31.35% |
| 2023-01-31 | 51.02% |
| 2022-10-31 | 87.39% |
| 2022-07-31 | 113.34% |
| 2022-04-30 | 196.11% |
| 2022-01-31 | 55.55% |
| 2021-10-31 | 36.09% |
| 2021-07-31 | 34.49% |
| 2021-04-30 | 28.96% |
| 2021-01-31 | 23.70% |
| 2020-10-31 | 25.13% |
| 2020-07-31 | 25.70% |
| 2020-04-30 | 32.82% |
| 2020-01-31 | 41.57% |
| 2019-10-31 | 43.56% |
| 2019-07-31 | 35.90% |
| 2019-04-30 | 39.48% |
| 2019-01-31 | 35.05% |
| 2018-10-31 | 33.14% |
| 2018-07-31 | 33.60% |
| 2018-04-30 | 33.50% |
| 2018-01-31 | 33.49% |
| 2017-10-31 | 32.57% |
| 2017-07-31 | 34.92% |
| 2017-04-30 | 30.27% |
| 2017-01-31 | 29.53% |
| 2016-10-31 | 29.13% |
| 2016-07-31 | 29.62% |
| 2016-04-30 | 35.62% |
| 2016-01-31 | 39.56% |
| 2015-10-31 | 39.35% |
| 2015-07-31 | 42.62% |
| 2015-04-30 | 41.86% |
| 2015-01-31 | 37.74% |
| 2014-10-31 | 45.39% |
| 2014-07-31 | 52.29% |
| 2014-04-30 | 51.15% |
| 2014-01-31 | 60.53% |
| 2013-10-31 | 62.51% |
| 2013-07-31 | 48.75% |
| 2013-04-30 | 48.08% |
| 2013-01-31 | 42.24% |
| 2012-10-31 | 36.78% |
| 2012-07-31 | 40.72% |
| 2012-04-30 | 36.05% |
| 2012-01-31 | 46.98% |
| 2011-10-31 | 42.89% |
| 2011-07-31 | 44.86% |
| 2011-04-30 | 37.75% |
| 2011-01-31 | 40.54% |
| 2010-10-31 | 32.69% |
| 2010-07-31 | 30.24% |
| 2010-04-30 | 37.23% |
| 2010-01-31 | 29.98% |
| 2009-10-31 | 31.13% |
| 2009-07-31 | 36.70% |
| 2009-04-30 | 34.11% |
| 2009-01-31 | 32.16% |
| 2008-10-31 | 41.53% |
| 2008-07-31 | 34.12% |
| 2008-04-30 | 45.31% |
| 2008-01-31 | 66.20% |
| 2007-10-31 | 77.53% |
| 2007-07-31 | 87.31% |
| 2007-04-30 | 112.89% |
| 2007-01-31 | 62.29% |
| 2006-10-31 | 68.40% |
| 2006-07-31 | 75.42% |
| 2006-04-30 | 66.87% |
| 2006-01-31 | 81.79% |
| 2005-10-31 | 145.75% |
| 2005-07-31 | 79.68% |
| 2005-04-30 | 62.43% |
| 2005-01-31 | 102.93% |
| 2004-10-31 | 57.23% |
| 2004-07-31 | 59.23% |
| 2004-04-30 | 53.24% |
| 2004-01-31 | 27.58% |
| 2003-10-31 | 30.82% |
| 2003-07-31 | 33.47% |
| 2023 |
| $11.98B |
| $6.11B |
| 51.0% |
| 2022 | $11.07B | $6.15B | 55.5% |
| 2021 | $25.81B | $6.12B | 23.7% |
| 2020 | $14.55B | $6.05B | 41.6% |
| 2019 | $17.41B | $6.10B | 35.1% |
| 2018 | $18.29B | $6.12B | 33.5% |
| 2017 | $20.91B | $6.22B | 29.7% |
| 2016 | $16.07B | $6.29B | 39.2% |
| 2015 | $16.39B | $6.18B | 37.7% |
| 2014 | $10.14B | $6.14B | 60.5% |
| 2013 | $12.69B | $5.36B | 42.2% |
| 2012 | $10.74B | $5.05B | 47.0% |
| 2011 | $10.94B | $4.44B | 40.5% |
| 2010 | $14.06B | $4.22B | 30.0% |
| 2009 | $11.65B | $3.75B | 32.2% |
| 2008 | $5.42B | $3.59B | 66.2% |
| 2007 | $4.50B | $2.80B | 62.3% |
| 2006 | $3.07B | $2.51B | 81.8% |
| 2005 | $2.15B | $2.21B | 102.9% |
| 2004 | $5.69B | $1.57B | 27.6% |
| 2003 | $3.18B | $1.33B | 41.8% |
| 2002 | $1.88B | $1.25B | 66.5% |
| 2001 | $1.56B | $1.07B | 68.5% |
| 2000 | $2.01B | $890.00M | 44.3% |
| 1999 | $3.85B | $693.00M | 18.0% |
| 1998 | $4.49B | $611.00M | 13.6% |
| 1997 | $3.29B | $481.00M | 14.6% |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.