Dollar Tree Inc (DLTR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 27	$1.14	$2.7	+136.8%	—	$4.9B	—
Q1 27	$1.54	$1.74	+13.0%	—	$5B	—
Q4 26	$2.53	$2.56	+1.2%	—	$5.5B	—
Q3 26	$1.08	$1.21	+12.0%	—	$4.8B	—
Q2 26	$0.41	$0.77	+87.8%	—	$4.6B	—
Q1 26	$1.21	$1.26	+4.1%	—	$4.6B	—
Q4 25	$2.2	$2.29	+4.1%	—	-$5B	—
Q3 25	$1.08	$1.12	+3.7%	—	$7.6B	—
Q2 25	$1.04	$0.67	-35.6%	—	$7.4B	—
Q1 25	$1.43	$1.43	0.0%	—	$7.6B	—
Q4 24	$2.65	$2.55	-3.8%	—	$8.6B	—
Q3 24	$1.01	$0.97	-4.0%	—	$7.3B	—
Q2 24	$0.87	$0.91	+4.6%	—	$7.3B	—
Q1 24	$1.54	$1.47	-4.5%	—	$7.3B	—
Q4 23	$2	$2.04	+2.0%	—	$7.7B	—
Q3 23	$1.18	$1.2	+1.7%	—	$6.9B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$6.23	—	—	$19.4B	—
FY25	—	-$14.1	—	—	$17.6B	—
FY24	—	-$4.55	—	—	$30.6B	—
FY23	—	$7.24	—	—	$28.3B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$20.7B	$22.2B	$22.8B	$23.6B	$25.5B	$26.3B	$28.3B	$30.6B	$17.6B	$19.4B
YoY change	+33.7%	+7.37%	+2.6%	+3.45%	+8.04%	+3.18%	+7.64%	+8.02%	-42.6%	+10.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	20.7B	22.2B	22.8B	23.6B	25.5B	26.3B	28.3B	30.6B	17.6B	19.4B
Cost of revenue	14.3B	15.2B	15.9B	16.6B	17.7B	18.6B	19.4B	21.3B	11.3B	12.3B
Gross profit	6.4B	7B	6.9B	7B	7.8B	7.7B	8.9B	9.3B	6.3B	7.1B
Gross margin	30.9%	31.6%	30.4%	29.8%	30.5%	29.4%	31.5%	30.5%	35.8%	36.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	4.7B	5B	5.2B	5.5B	5.9B	5.9B	6.7B	9.1B	4.8B	5.5B
Operating expenses	4.7B	5B	5.2B	5.5B	5.9B	5.9B	6.7B	9.1B	4.8B	5.4B
Operating income	1.7B	2B	1.8B	1.6B	1.9B	1.8B	2.2B	187.2M	1.5B	1.7B
Operating margin	8.23%	9.07%	7.83%	6.67%	7.4%	6.88%	7.89%	0.61%	8.32%	8.52%
Non-operating income, net	100K	-11.8M	-2.7B	-314.4M	-800K	-300K	-400K	-1.1B	29.1M	61.9M
Pretax income	1.3B	1.7B	-1.3B	1.1B	1.7B	1.6B	2.1B	-988.7M	1.4B	1.6B
Income tax	433.2M	-10.3M	281.8M	271.7M	397.9M	304.3M	495.2M	9.7M	341.1M	404.2M
Net income	896.2M	1.7B	-1.6B	827M	1.3B	1.3B	1.6B	-998.4M	-3B	1.3B
Net margin	4.33%	7.71%	-6.97%	3.5%	5.26%	5.04%	5.7%	-3.26%	-17.2%	6.61%
EBITDA	2.3B	2.6B	2.4B	2.2B	2.6B	2.5B	3B	1B	2B	2.4B
EPS	3.8	7.24	-6.69	3.49	5.68	5.83	7.24	-4.55	-14.1	6.23
Diluted EPS	3.78	7.21	-6.69	3.47	5.65	5.8	7.21	-4.55	-14.1	6.22

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	7.3B	8.6B	7.6B	7.4B	7.6B	-5B	4.6B	4.6B	4.8B	5.5B	5B	4.9B
Cost of revenue	5.1B	5.9B	5.3B	5.2B	5.2B	-4.4B	3B	3B	3B	3.3B	3.1B	2.8B
Gross profit	2.2B	2.8B	2.4B	2.2B	2.3B	-624.2M	1.7B	1.6B	1.7B	2.1B	1.8B	2.1B
Gross margin	29.8%	32.2%	30.8%	30.1%	31%	12.5%	35.6%	34.4%	35.9%	39.2%	36.9%	42.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.9B	3.6B	1.9B	2B	2B	-1.1B	1.3B	1.4B	1.4B	1.5B	1.4B	1.4B
Operating expenses	1.9B	3.6B	1.9B	2B	2B	-1.1B	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B
Operating income	301.7M	-822M	420.6M	203.1M	333.4M	504.9M	384.1M	231M	343.3M	694.7M	473.3M	690.1M
Operating margin	4.12%	-9.51%	5.51%	2.75%	4.41%	-10.1%	8.28%	5.05%	7.23%	12.7%	9.51%	14.1%
Non-operating income, net	-200K	-1.1B	-100K	—	-100K	29.3M	61.7M	400K	-100K	-100K	5.4M	14.1M
Pretax income	271.1M	-1.9B	396.1M	174.2M	305.8M	507.5M	423.1M	208.6M	321.3M	676.5M	462.4M	686.4M
Income tax	59.1M	-207.4M	96M	41.8M	72.5M	130.8M	109.6M	53.1M	76.7M	164.8M	115.1M	171.9M
Net income	212M	-1.7B	300.1M	132.4M	233.3M	-3.7B	343.4M	188.4M	244.6M	506.1M	347.3M	514.5M
Net margin	2.9%	-19.8%	3.93%	1.79%	3.08%	73.9%	7.4%	4.12%	5.15%	9.29%	6.98%	10.5%
EBITDA	517.3M	-1.7B	654.5M	564.7M	828.4M	534.2M	596.9M	393.4M	507.7M	865.1M	655.7M	884M
EPS	0.97	-7.85	1.38	0.62	1.09	-17.2	1.61	0.91	1.2	2.54	1.76	2.7
Diluted EPS	0.97	-7.85	1.38	0.62	1.08	-17.2	1.61	0.91	1.2	2.53	1.76	2.7

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	18.2B	27.2B	23B	20.7B	24B	29.9B	33.5B	28.7B	15.8B	24.2B	21.8B
Enterprise value	23.6B	31.8B	26.9B	30.1B	32.3B	38.9B	43B	38.4B	22.4B	30.5B	28B
Shares outstanding	235.7M	236.8M	237.9M	237.2M	236.4M	227.9M	223.2M	219.5M	215.7M	205.8M	205.8M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	20.3	15.9	—	25	17.9	22.5	20.8	—	—	18.9	14.2
P/S	0.88	1.22	1.01	0.87	0.94	1.14	1.18	0.94	0.9	1.25	1.08
P/B	3.38	3.79	4.08	3.3	3.3	3.87	3.83	3.92	3.98	6.44	6.35
EV/EBITDA	10.1	12.1	11.2	13.6	12.5	15.4	14.3	37.3	11.1	12.9	11.2
EV/Sales	1.14	1.43	1.18	1.28	1.26	1.48	1.52	1.25	1.27	1.57	1.4
Earnings yield	4.93%	6.3%	—	4%	5.58%	4.44%	4.82%	—	—	5.3%	7.04%
FCF yield	6.09%	3.22%	4.12%	4.03%	7.56%	1.37%	1.08%	2.01%	9.87%	5.79%	4.82%
PEG	—	—	—	—	—	—	—	—	—	—	0.07

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	30.9%	31.6%	30.4%	29.8%	30.5%	29.4%	31.5%	30.5%	35.8%	36.4%	42.9%
Operating margin	8.23%	9.07%	7.83%	6.67%	7.4%	6.88%	7.89%	0.61%	8.32%	8.52%	6.21%
Net margin	4.33%	7.71%	-6.97%	3.5%	5.26%	5.04%	5.7%	-3.26%	-17.2%	6.61%	8.04%
ROE	16.6%	23.9%	-28.2%	13.2%	18.4%	17.2%	18.5%	-13.7%	-76.2%	34.2%	46%
ROA	5.71%	10.5%	-11.8%	4.22%	6.48%	6.11%	7.02%	-4.53%	-16.3%	9.52%	8.26%
ROIC	10.6%	17.2%	18.7%	7.53%	9.39%	8.82%	9.39%	1.1%	10.4%	12.3%	16.5%
Return on tangible assets	-60%	-256.6%	-74.7%	8.79%	12.7%	11.5%	12.6%	-6.28%	-17%	10.2%	12.2%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.87	1.6	2.05	1.2	1.35	1.34	1.51	1.31	1.06	1.07	1.13
Quick ratio	0.51	0.49	0.36	0.21	0.44	0.3	0.22	0.22	0.75	0.29	0.39
Debt / equity	1.17	0.79	0.77	1.6	1.32	1.29	1.16	1.42	1.97	1.88	2.24
Debt / assets	0.4	0.35	0.32	0.51	0.47	0.46	0.44	0.47	0.42	0.52	0.55
Net debt / EBITDA	2.33	1.74	1.62	4.28	3.2	3.56	3.16	9.44	3.26	2.68	2.27
Interest coverage	4.54	6.65	-2.54	7.78	12.8	10.1	17.8	-8.26	13.9	20.1	30
Effective tax rate	32.6%	0%	0%	24.7%	22.9%	18.6%	23.5%	0%	24.7%	24.8%	24.6%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	87.9	93.9	95.9	99.5	107.9	115.5	126.9	139.4	81.5	94.3	101.6
EPS (basic)	3.8	7.24	-6.69	3.49	5.68	5.83	7.24	-4.55	-14.1	6.23	6.23
EPS (diluted)	3.78	7.21	-6.69	3.47	5.65	5.8	7.21	-4.55	-14.1	6.22	8.16
Book value per share	22.9	30.3	23.7	26.4	30.8	33.9	39.2	33.3	18.4	18.2	18.3
FCF per share	4.7	3.71	3.99	3.51	7.69	1.79	1.62	2.63	7.24	6.8	10.4
Cash per share	3.69	4.64	1.77	2.27	5.99	4.32	2.88	3.12	5.83	3.49	5.64
Capex per share	0	0	0	0.01	0.04	0.01	0.02	0.03	0.01	5.51	5.97

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	0%	0%	0%	0.01%	0.04%	0.01%	0.02%	0.02%	0.01%	5.84%	5.68%
Capex / operating cash flow	0.05%	0.02%	-0.04%	0.12%	0.34%	0.12%	0.31%	3.95%	0.05%	44.8%	36.5%
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Revenue	$7.3B	$8.6B	$7.6B	$7.4B	$7.6B	-$5B	$4.6B	$4.6B	$4.8B	$5.5B	$5B	$4.9B
YoY change	+5.4%	+11.9%	+4.22%	+0.73%	+3.46%	-157.9%	-39.2%	-38.1%	-37.2%	+209%	+7.24%	+7.02%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	870.4M	1.1B	422.1M	539.2M	1.4B	984.9M	642.8M	684.9M	1.3B	717.8M
Receivables	55.9M	90.4M	100.9M	113.3M	—	—	—	—	—	—
Inventory	2.9B	3.2B	3.5B	3.5B	3.4B	4.4B	5.4B	5.1B	2.7B	2.5B
Total current assets	3.9B	4.6B	4.3B	4.3B	5.1B	5.6B	6.4B	6.1B	9.1B	3.4B
Property, plant & equipment	2.1B	2.1B	2.1B	8.7B	8.9B	9.3B	9.8B	10.8B	7.2B	7.7B
Goodwill & intangibles	17.2B	17B	11.4B	10.2B	10.2B	10.2B	10.2B	6.1B	842.4M	846.4M
Total assets	15.7B	16.3B	13.5B	19.6B	20.7B	21.7B	23B	22B	18.6B	13.5B
Accounts payable	1.1B	1.2B	1.4B	1.3B	1.5B	1.9B	1.9B	2.1B	1.7B	1.5B
Short-term debt	152.1M	915.9M	—	1.5B	1.3B	1.4B	1.4B	1.5B	2B	1B
Total current liabilities	2.1B	2.9B	2.1B	3.5B	3.7B	4.2B	4.2B	4.7B	8.6B	3.2B
Long-term debt	6.2B	4.8B	4.3B	8.5B	8.3B	8.6B	8.7B	8.9B	5.9B	6.1B
Total liabilities	10.3B	9.2B	7.9B	13.3B	13.4B	14B	14.3B	14.7B	14.7B	9.7B
Shareholders' equity	5.4B	7.2B	5.6B	6.3B	7.3B	7.7B	8.8B	7.3B	4B	3.8B
Total debt	6.3B	5.7B	4.3B	10B	9.6B	10B	10.1B	10.4B	7.8B	7.1B
Net debt	5.5B	4.6B	3.9B	9.5B	8.2B	9B	9.5B	9.7B	6.6B	6.3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Cash & short-term investments	—	—	—	—	—	—	—	—	594.8M	717.8M	1B	1.1B
Receivables	—	—	—	—	—	—	—	—	—	—	—	—
Inventory	—	—	—	—	—	—	—	—	2.9B	2.5B	2.5B	2.5B
Total current assets	—	—	—	—	—	—	—	—	3.7B	3.4B	3.7B	3.7B
Property, plant & equipment	—	—	—	—	—	—	—	—	9.3B	7.7B	9.5B	9.7B
Goodwill & intangibles	—	—	—	—	—	—	—	—	844.4M	846.4M	846M	844.2M
Total assets	—	—	—	—	—	—	—	—	13.7B	13.5B	13.8B	14B
Accounts payable	—	—	—	—	—	—	—	—	1.7B	1.5B	1.6B	1.6B
Short-term debt	—	—	—	—	—	—	—	—	1.6B	1B	1B	1B
Total current liabilities	—	—	—	—	—	—	—	—	3.9B	3.2B	3.2B	3.3B
Long-term debt	—	—	—	—	—	—	—	—	6.1B	6.1B	6.6B	6.7B
Total liabilities	—	—	—	—	—	—	—	—	10.2B	9.7B	10.3B	10.6B
Shareholders' equity	—	—	—	—	—	—	—	—	3.5B	3.8B	3.5B	3.4B
Total debt	—	—	—	—	—	—	—	—	7.7B	7.1B	7.6B	7.7B
Net debt	—	—	—	—	—	—	—	—	7.1B	6.3B	6.6B	6.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	896.2M	1.7B	-1.6B	827M	1.3B	1.3B	1.6B	-998.4M	1B	1.2B
Depreciation & amortization	637.5M	611.2M	621.1M	645.4M	686.6M	716M	767.9M	841M	526.9M	648.1M
Stock-based compensation	61.6M	65.7M	63.1M	61.4M	83.9M	79.9M	110.4M	96.7M	106.9M	58.9M
Change in working capital	202.3M	-401.3M	-247.9M	-20.2M	526.6M	-729.3M	-1B	458.1M	285M	-78.8M
Operating cash flow	1.7B	1.5B	-1.1B	1.6B	2.7B	1.4B	1.6B	159.5M	2B	2.5B
Capital expenditure	-900K	300K	400K	-1.9M	9.1M	-1.6M	-5M	-6.3M	1.1M	-1.1B
Investing cash flow	81.1M	4.3M	400K	14.6M	9.1M	1.3M	-5M	-6.3M	51.1M	-1.1B
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	0	0	-200M	-400M	-950M	-647.5M	-500M	-400M	-1.5B
Financing cash flow	-1.2B	-686.5M	-1.7B	-725M	-1.7B	-854.3M	-696.1M	-1.6B	-3.6B	-12.7B
Net change in cash	577.2M	860.5M	-2.8B	843.7M	984.9M	534M	898.2M	-1.5B	-1.5B	-11.2B
Free cash flow	1.1B	878M	948.9M	833.1M	1.8B	408.7M	361M	576.9M	1.6B	1.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27	Q2 27
Net income	212M	-1.7B	300.1M	164.8M	210.8M	376.7M	313.5M	281.1M	244.6M	511.7M	347.3M	514.5M
Depreciation & amortization	215.8M	226.2M	234M	361.6M	495.1M	-209.8M	151.1M	162M	164.5M	170.5M	177M	179.8M
Stock-based compensation	23.2M	20.3M	29.6M	33.5M	37.4M	22.6M	17.2M	14.4M	14.4M	12.9M	21.1M	19.6M
Change in working capital	-1.6M	437.6M	37.8M	-9.1M	187.4M	75.3M	-172.1M	-13.8M	-243.8M	350.9M	-24.6M	113.9M
Operating cash flow	514.8M	-1.4B	665.4M	611.6M	1B	199M	285.9M	625.1M	319.3M	1.2B	644M	921.5M
Capital expenditure	100K	-1.2M	-800K	-2.7M	-4.4M	5.9M	-100K	-245.1M	-376.4M	-263.7M	-252.5M	-246.3M
Investing cash flow	100K	-1.2M	-800K	-2.7M	14.8M	10.9M	49.9M	-245.1M	-376.4M	-263.7M	-252.5M	-246.3M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-250M	0	-272.2M	-127.8M	0	0	-427.7M	-496.5M	-387.8M	-236M	-585.8M	-623.1M
Financing cash flow	-31.8M	-1.3B	-291.7M	-128.6M	-1.4B	-500K	-442.2M	-497.9M	-3.6B	-4B	-103.3M	-624.3M
Net change in cash	483.1M	-2.7B	372.9M	480.3M	-348.1M	209.4M	-106.4M	-117.9M	-3.7B	-3B	288.2M	50.9M
Free cash flow	-35.5M	469.6M	222.7M	-352.2M	1.2M	1.2B	234.1M	380.1M	-57.1M	968.5M	391.1M	674.6M

Dollar Tree Inc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement