Business Segments · CapEx
Walmart U.S. — CapEx
Walmart Walmart U.S. — CapEx increased by 11.7% to $6.13B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 31.1%, from $4.67B to $6.13B. Over 4 years (FY 2022 to FY 2026), Walmart U.S. — CapEx shows an upward trend with a 24.2% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2014
Last reportedQ4 2026Mar 13, 2026
Rolls up toProperty, plant, and equipment additions
How to read this metric
High spending indicates a focus on growth and modernization, while low spending may signal a focus on cash preservation or a mature asset base.
Detailed definition
This metric tracks the cash outflows used to acquire, upgrade, and maintain physical assets such as stores, distribution...
Peer comparison
Comparable to capital expenditures (CapEx) for any large-scale retail or infrastructure-heavy company.
Metric ID:
wmt_segment_walmart_u_s_capital_expendituresHistorical Data
20 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.12B | $2.12B | $2.12B | $2.12B | $2.86B | $2.86B | $2.86B | $2.86B | $3.47B | $3.47B | $3.47B | $3.47B | $3.55B | $4.03B | $4.22B | $4.67B | $3.77B | $4.78B | $5.48B | $6.13B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +34.8% | +0.0% | +0.0% | +0.0% | +21.5% | +0.0% | +0.0% | +0.0% | +2.2% | +13.5% | +4.9% | +10.6% | -19.2% | +26.6% | +14.8% | +11.7% |
| YoY Change | — | — | — | — | +34.8% | +34.8% | +34.8% | +34.8% | +21.5% | +21.5% | +21.5% | +21.5% | +2.2% | +16.0% | +21.7% | +34.6% | +6.3% | +18.6% | +29.9% | +31.1% |
Range$2.12B – $6.13B
CAGR+25.0%
Avg YoY Growth+24.1%
Median YoY Growth+21.6%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Walmart 's walmart u.s. — capex?
- Walmart (WMT) reported walmart u.s. — capex of $6.13B in Q4 2025.
- How has Walmart 's walmart u.s. — capex changed year-over-year?
- Walmart 's walmart u.s. — capex increased by 31.1% year-over-year, from $4.67B to $6.13B.
- What is the long-term trend for Walmart 's walmart u.s. — capex?
- Over 4 years (2022 to 2026), Walmart 's walmart u.s. — capex has grown at a 24.2% compound annual growth rate (CAGR), from $8.48B to $20.16B.
- What does walmart u.s. — capex mean?
- The amount of money spent on long-term investments like new stores or technology upgrades.