Walmart Inc.

WMT Consumer Defensive Discount Stores

Walmart Inc.’s revenue for fiscal 2026 (year ended January 2026) was $713.2 billion, up 4.73% from fiscal 2025. In the quarter to July 2026, revenue grew 5.94%, EPS fell 9.09%, free cash flow grew 15.8% and total debt rose 14.0%, each against the same quarter a year earlier. Member of the S&P 500, Nasdaq 100 and Dow Jones; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.

119.23 1.89 −1.56%
Market cap
$960.9B
P/E
43.7×
Fwd P/E
41.3×
Dividend yield
1.01%
F-score
7/9
Altman Z
6.46
Beneish M
−2.71
Dividend safety
79/100

Walmart Inc. (WMT) Price to free cash flow

Alert me on Price to free cash flow

As of 22 October 2026, Walmart Inc. (WMT) trades at a price to free cash flow of 70.3×. Over the past ten years it has ranged from 7.5× (November 2015) to 122× (May 2022); the current reading is higher than 96% of that period. That is above the Discount Stores industry median of 37.7× and above the Consumer Defensive sector median of 15.2×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 65.9× 9.30%
FY2025 60.3× 108.29%
FY2024 28.9× (10.23%)
FY2023 32.2× (5.26%)
FY2022 34.0× 124.66%
FY2021 15.1× (30.95%)
FY2020 21.9× 40.15%
FY2019 15.7× (8.48%)
FY2018 17.1× 77.74%
FY2017 9.6× (25.72%)

Quarterly newest first

Period Price to free cash flow Change
Jul 2026 64.6× (22.19%)
Apr 2026 83.0× 25.93%
Jan 2026 65.9× 25.83%
Oct 2025 52.4× (6.65%)
43 more quarters

Against its own ten years

Low 7.5× High 122×
Ten-year median 19.7×
Current reading's percentile 96

Price to free cash flow against peers

Company Price to free cash flow
DLTR Dollar Tree, Inc. compare 12.6×
DG Dollar General Corporation compare 15.2×
TGT Target Corporation compare 16.1×
OLLI Ollie's Bargain Outlet Holdings, Inc. compare 24.9×
BJ BJ's Wholesale Club Holdings, Inc. compare 37.7×
TBBB BBB Foods Inc. compare 37.7×
COST Costco Wholesale Corporation compare 48.1×
PSMT PriceSmart, Inc. compare 63.0×
WMT Walmart Inc. 70.3×
Discount Stores industry median 37.7×
Consumer Defensive sector median 15.2×
Market median 14.4×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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