Walmart Inc. (WMT) FCF Payout Ratio: 61.37%
Is Walmart Inc.’s FCF payout ratio high or low?
Walmart Inc.'s FCF payout ratio of 61.37% is 34% above its 5-year average of 45.67%, near the high end of its 5-year range (23.70%–55.55%).
The FCF payout ratio for Walmart Inc. (WMT) is 61.37%. It is above its 12-month average by 19.01% (51.57%).
WMT FCF Payout Ratio Chart
WMT Average FCF Payout Ratio Chart
WMT Current vs Average FCF Payout Ratio Chart
WMT FCF Payout Ratio Metrics
FCF PAYOUT RATIO
61.37%
FCF PAYOUT RATIO AVG TTM
51.57%
FCF PAYOUT RATIO AVG 3Y
48.69%
FCF PAYOUT RATIO AVG 5Y
45.67%
FCF PAYOUT RATIO AVG 10Y
41.18%
FCF PAYOUT RATIO AVG 15Y
42.56%
FCF PAYOUT RATIO AVG 20Y
45.40%
CURRENT VS TTM AVG
+19.01%
CURRENT VS 3Y AVG
+26.04%
CURRENT VS 5Y AVG
+34.38%
CURRENT VS 10Y AVG
+49.02%
CURRENT VS 15Y AVG
+44.18%
CURRENT VS 20Y AVG
+35.17%
Payout Ratio Comparison
FCF Payout Ratio
61.4%
Earnings Payout Ratio
35.2%
Dividend Yield
0.81%
FCF Yield
1.32%
Annual FCF Payout Ratio History
| 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% |
| 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 = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Walmart Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Walmart Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Walmart Inc. (WMT)?
- The FCF payout ratio for WMT stock is 61.37%.
- Is Walmart Inc.'s FCF payout ratio high or low?
- Walmart Inc.'s FCF payout ratio of 61.37% is 34% above its 5-year average of 45.67%, near the high end of its 5-year range (23.70%–55.55%).
- What is the TTM average FCF payout ratio for Walmart Inc. (WMT)?
- The TTM average FCF payout ratio for WMT stock is 51.57%.
- What is the 3Y average FCF payout ratio for Walmart Inc. (WMT)?
- The 3Y average FCF payout ratio for WMT stock is 48.69%.
- What is the 5Y average FCF payout ratio for Walmart Inc. (WMT)?
- The 5Y average FCF payout ratio for WMT stock is 45.67%.
- What is the 10Y average FCF payout ratio for Walmart Inc. (WMT)?
- The 10Y average FCF payout ratio for WMT stock is 41.18%.
- What is the 15Y average FCF payout ratio for Walmart Inc. (WMT)?
- The 15Y average FCF payout ratio for WMT stock is 42.56%.
- What is the 20Y average FCF payout ratio for Walmart Inc. (WMT)?
- The 20Y average FCF payout ratio for WMT stock is 45.40%.
Walmart Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-01-31 | 50.30% |
| 2025-01-31 | 52.83% |
| 2024-01-31 | 40.61% |
| 2023-01-31 | 51.02% |
| 2022-01-31 | 55.55% |
| 2021-01-31 | 23.70% |
| 2020-01-31 | 41.57% |
| 2019-01-31 | 35.05% |
| 2018-01-31 | 33.49% |
| 2017-01-31 | 29.73% |
| 2016-01-31 | 39.15% |
| 2015-01-31 | 37.74% |
| 2014-01-31 | 60.53% |
| 2013-01-31 | 42.24% |
| 2012-01-31 | 46.98% |
| 2011-01-31 | 40.54% |
| 2010-01-31 | 29.98% |
| 2009-01-31 | 32.16% |
| 2008-01-31 | 66.20% |
| 2007-01-31 | 62.29% |
| 2006-01-31 | 81.79% |
| 2005-01-31 | 102.93% |
| 2004-01-31 | 27.58% |
| 2003-01-31 | 41.80% |
| 2002-01-31 | 66.54% |
| 2001-01-31 | 68.50% |
| 2000-01-31 | 44.26% |
| 1999-01-31 | 18.02% |
| 1998-01-31 | 13.62% |
| 1997-01-31 | 14.63% |
About Walmart Inc.
Walmart Inc., established in 1945 and based in Bentonville, Arkansas, operates as a global retail powerhouse, having officially adopted its current name in February 2018, formerly Wal-Mart Stores, Inc. The company's diverse operations, encompassing retail, wholesale, and e-commerce, are managed across three primary divisions: Walmart U.S., Walmart International, and Sam's Club. Its extensive physical presence includes a variety of store formats such as supercenters, supermarkets, hypermarkets, membership-only warehouse clubs (like Sam's Club), cash-and-carry outlets, and discount stores, primarily operating under the Walmart and Walmart Neighborhood Market banners. Digitally, the company engages customers through numerous e-commerce platforms, including walmart.com.mx, walmart.ca, flipkart.com, and PhonePe, as well as via dedicated mobile applications. Walmart offers an exceptionally broad range of products and services. Its inventory covers groceries and daily consumables, such as dairy, meats, baked goods, deli items, fresh produce, various packaged foods (dry, chilled, or frozen), alcoholic and non-alcoholic beverages, floral items, snacks, candies, health and beauty aids, paper products, laundry and home care essentials, baby care, and pet supplies, alongside fuel and tobacco. Furthermore, it features a comprehensive health and wellness segment, providing pharmacy, optical, and hearing services, over-the-counter medications, and other medical products. For home and personal needs, shoppers can find items ranging from home improvement goods, outdoor living products, gardening supplies, furniture, apparel, and jewelry, to tools, power equipment, housewares, toys, seasonal items, mattresses, and automotive services like tire and battery centers. The electronics department includes consumer electronics, accessories, software, video games, office supplies, appliances, and third-party gift cards. Beyond merchandise, Walmart provides a suite of financial services. These include digital payment platforms, money transfer options, bill payment services, money orders, check cashing, prepaid access solutions, co-branded credit cards, installment lending, and earned wage access programs. The company also markets several proprietary brands, notably Allswell, Athletic Works, Equate, and Free Assembly.
- Sector
- Consumer Defensive
- Industry
- Discount Stores
- CEO
- John R. Furner