Walmart

TTM free cash flow is about 11.5 billion dollars despite elevated capex focused on automation and remodels. FY2025 operating cash flow was 36.4 billion dollars with capex 23.8 billion dollars.

Long-term debt was about 36.0 billion dollars at FY2025 year-end with laddered maturities and blended fixed rates near 4 percent; variable-rate exposure ~20 percent. Cash and equivalents were ~9 to 9.4 billion dollars as of January 31 and July 31, 2025. Interest coverage and access to CP/credit lines remain strong.

Overall balance sheet and liquidity support ongoing investment and returns to shareholders.