What is Walmart 's capex?

Walmart (WMT) reported capex of $6.68B in Q1 2026.

How has Walmart 's capex changed year-over-year?

Walmart 's capex increased by 34.1% year-over-year, from $4.99B to $6.68B.

What is the long-term trend for Walmart 's capex?

Over 4 years (2022 to 2026), Walmart 's capex has grown at a 19.4% compound annual growth rate (CAGR), from $13.11B to $26.64B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Walmart WMT CapEx

CapEx at other companies

TargetTGT

$1.04B+31.0%

Dollar GeneralDG

$351.61M+20.9%

KrogerKR

$1.29B+23.9%

Lowe's CompaniesLOW

$521M+0.6%

CVS HealthCVS

$849M+14.3%

Weis MarketsWMK

$39.32M+18.5%

Segments

By segment

See full

Walmart U.S.$5.01B+32.8%

Walmart International$821M+70.7%

Other financials

Income statement

See full

Revenue$177.75B+7.3%

Gross profit$44.7B+8.2%

Operating income$7.5B+5.0%

Net income$5.3B+18.8%

EPS (diluted)$0.67+19.6%

Balance sheet

See full

Cash & equivalents$11.3B+14.0%

Total debt$74.2B+10.4%

Total equity$94.3B+12.6%

Total assets$289.61B+10.4%

Cash flow

See full

Operating cash flow$4.7B-12.4%

Free cash flow-$1.9B-558%

Valuation

See full

Market cap$921.39B+20.1%

Enterprise value$984.25B+19.4%

P/E40.5×-0.2×

P/S1.3×+0.2×

Profitability

See full

Gross margin25%+0.1pp

Operating margin4.2%-0.2pp

Net margin3.1%+0.4pp

FCF margin1.7%-0.2pp

Returns & leverage

See full

Return on equity25.5%+2.7pp

Debt / equity0.8×0.0×

Current ratio0.8×0.0×

Where this comes from

Reported directly by Walmart in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Walmart ’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Walmart 's capex?: Walmart (WMT) reported capex of $6.68B in Q1 2026.
How has Walmart 's capex changed year-over-year?: Walmart 's capex increased by 34.1% year-over-year, from $4.99B to $6.68B.
What is the long-term trend for Walmart 's capex?: Over 4 years (2022 to 2026), Walmart 's capex has grown at a 19.4% compound annual growth rate (CAGR), from $13.11B to $26.64B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.