Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX)

Wal-Mart de México Cash Flow Statement

Financials in millions MXN. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	49,999	49,891	53,827	51,590	48,974	44,138
Depreciation & Amortization	25,651	24,953	22,639	20,577	19,359	18,306
Loss (Gain) From Sale of Assets	388.47	153.27	-515.31	408.7	68.76	353.05
Asset Writedown & Restructuring Costs	45.65	70.29	112.55	56.32	49.01	-
Stock-Based Compensation	215.68	304.66	493.77	478.4	384.95	354.26
Other Operating Activities	31,702	28,926	21,595	22,704	18,994	19,360
Change in Accounts Receivable	-4,058	-1,642	-173.57	-6,192	-155.26	1,922
Change in Inventory	-1,087	1,249	-12,544	-6,602	-9,426	-11,906
Change in Accounts Payable	9,938	4,756	3,057	16,708	-432.44	4,221
Change in Income Taxes	-23,575	-23,575	-16,398	-19,950	-16,122	-13,959
Change in Other Net Operating Assets	-607.55	-2,649	540.59	5,341	2,775	2,093
Operating Cash Flow	88,614	82,438	72,636	85,122	64,469	64,882
Operating Cash Flow Growth	30.18%	13.49%	-14.67%	32.03%	-0.64%	5.72%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-39,280	-38,982	-34,764	-28,792	-21,304	-20,466
Sale of Property, Plant & Equipment	354.78	544.46	872.57	312.97	459.4	388.55
Cash Acquisitions	-	-	-	-169.8	-	-
Other Investing Activities	1,951	2,118	3,356	-1,113	527.46	947.67
Investing Cash Flow	-36,974	-36,320	-30,535	-29,762	-20,317	-19,130

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Repaid	-	-13,285	-12,355	-11,153	-10,039	-9,244
Net Debt Issued (Repaid)	-13,682	-13,285	-12,355	-11,153	-10,039	-9,244
Repurchase of Common Stock	-8,800	-8,800	-	-987.64	-	-
Common Dividends Paid	-22,248	-22,248	-20,337	-19,285	-17,285	-15,564
Other Financing Activities	-992.11	-263.18	-42.9	-62.2	-44.05	-63.3
Financing Cash Flow	-52,397	-51,272	-49,797	-58,552	-39,641	-37,496

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-1,568	-2,769	3,541	-3,566	99.4	-1,109
Net Cash Flow	-2,326	-7,922	-4,155	-6,758	4,611	7,146

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	49,334	43,456	37,872	56,329	43,166	44,415
Free Cash Flow Growth	50.34%	14.74%	-32.77%	30.50%	-2.81%	-0.52%
Free Cash Flow Margin	4.84%	4.30%	3.96%	6.36%	5.28%	6.04%
Free Cash Flow Per Share	2.85	2.50	2.17	3.23	2.47	2.54
Levered Free Cash Flow	22,468	29,518	27,760	38,963	35,810	27,234
Unlevered Free Cash Flow	28,165	35,215	33,131	43,861	40,216	31,283

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	109.51	263.18	42.9	62.2	44.05	63.3
Cash Income Tax Paid	20,294	23,575	16,398	19,950	16,122	13,959
Change in Working Capital	-19,388	-21,861	-25,517	-10,693	-23,361	-17,629

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error