Dillard's Inc. (DDS) 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	$4.21	$6.26	+48.7%	—	$1.5B	—
Q1 27	$9.86	$10.9	+11.1%	—	$1.6B	—
Q4 26	$9.14	$12.2	+33.0%	—	$2B	—
Q3 26	$6.2	$8.29	+33.7%	—	$1.5B	—
Q2 26	$3.3	$4.43	+34.2%	—	$1.5B	—
Q1 26	$9.25	$10.4	+12.0%	—	$1.5B	—
Q4 25	$9.71	$13.5	+38.8%	—	$2.1B	—
Q3 25	$6.47	$7.73	+19.5%	—	$1.5B	—
Q2 25	$5.88	$4.59	-21.9%	—	$1.5B	—
Q1 25	$9.18	$11.1	+20.9%	—	$1.6B	—
Q4 24	$12.8	$15.4	+20.6%	—	$2.2B	—
Q3 24	$7.3	$9.04	+23.8%	—	$1.5B	—
Q2 24	$4.32	$7.96	+84.3%	—	$1.6B	—
Q1 24	$9.96	$11.8	+18.2%	—	$1.6B	—
Q4 23	$8.85	$15.3	+73.0%	—	$2.2B	—
Q3 23	$4.87	$11	+125.1%	—	$1.6B	—

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	—	$36.4	—	—	$6.6B	—
FY25	—	$36.8	—	—	$6.6B	—
FY24	—	$44.7	—	—	$6.9B	—
FY23	—	$50.8	—	—	$7B

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	$6.4B	$6.4B	$6.5B	$6.3B	$4.4B	$6.6B	$7B	$6.9B	$6.6B	$6.6B
YoY change	-4.98%	+0.07%	+1.26%	-2.46%	-30.1%	+49.4%	+5.61%	-1.74%	-4.13%	-0.41%

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	6.4B	6.4B	6.5B	6.3B	4.4B	6.6B	7B	6.9B	6.6B	6.6B
Cost of revenue	4.2B	4.2B	4.3B	4.2B	3.1B	3.7B	4B	4B	3.9B	3.9B
Gross profit	2.3B	2.2B	2.2B	2.1B	1.4B	2.9B	3B	2.8B	2.7B	2.6B
Gross margin	35.1%	34.6%	34%	33.2%	30.8%	43.4%	43.1%	41.4%	40.5%	40.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.7B	1.7B	1.7B	1.7B	1.2B	1.6B	1.7B	1.7B	1.8B	1.8B
Operating expenses	1.7B	1.7B	1.7B	1.7B	1.2B	1.6B	1.7B	1.7B	1.8B	1.8B
Operating income	335.2M	278.4M	268.2M	167.5M	-82.9M	1.1B	1.1B	924.8M	740.2M	688.7M
Operating margin	5.22%	4.34%	4.12%	2.64%	-1.87%	16.9%	16.1%	13.5%	11.2%	10.5%
Non-operating income, net	-14.5M	-3.2M	-7.7M	12.6M	-21.4M	13.3M	13.3M	-12.7M	-24.2M	-424K
Pretax income	257.7M	212.7M	208M	133.9M	-153.4M	1.1B	1.1B	916.6M	729.7M	694.5M
Income tax	88.5M	-7.8M	37.7M	22.8M	-81.8M	225.9M	217.8M	177.8M	136.2M	124.7M
Net income	169.2M	221.3M	170.3M	111.1M	-71.7M	862.5M	891.6M	738.8M	593.5M	570.2M
Net margin	2.64%	3.45%	2.62%	1.75%	-1.62%	13%	12.7%	10.7%	9.01%	8.69%
EBITDA	572.9M	504.9M	487.4M	385.4M	125.5M	1.3B	1.3B	1.1B	948.6M	896M
EPS	4.93	7.51	6.23	4.38	-3.16	41.9	50.8	44.7	36.8	36.4
Diluted EPS	4.93	7.5	6.23	4.38	-3.16	41.9	50.8	44.7	36.8	36.4

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	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	1.5B	2.2B	1.6B	1.5B	1.5B	2.1B	1.5B	1.5B	1.5B	2B	1.6B	1.5B
Cost of revenue	834.5M	1.3B	857.8M	930.3M	819.3M	1.3B	857.7M	959.3M	831.6M	1.3B	870.4M	909.3M
Gross profit	669.7M	812.4M	715M	584.3M	631.8M	739.5M	689.3M	576.7M	659.3M	721.2M	718.3M	621.1M
Gross margin	44.5%	37.6%	45.5%	38.6%	43.5%	36%	44.6%	37.5%	44.2%	36.3%	45.2%	40.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	426.8M	484M	431.7M	438.6M	423.8M	458.6M	426.3M	438.7M	444.8M	468.7M	447.9M	447.5M
Operating expenses	426.8M	484M	431.7M	438.6M	423.8M	458.6M	426.3M	438.7M	444.8M	468.7M	447.9M	447.5M
Operating income	198.2M	284.1M	237.2M	99.3M	164M	239.7M	218.5M	93.3M	170.2M	206.7M	227.1M	129.3M
Operating margin	13.2%	13.2%	15.1%	6.56%	11.3%	11.7%	14.1%	6.08%	11.4%	10.4%	14.3%	8.45%
Non-operating income, net	-644K	-4.7M	-5.9M	-6.1M	-6M	-6.1M	-5.6M	-194K	-4.5M	9.9M	99.2M	-4.9M
Pretax income	199.4M	282.5M	234.8M	97.1M	162.5M	235.3M	213.7M	94.6M	168.8M	217.4M	327M	127.1M
Income tax	44M	32M	54.8M	22.6M	37.9M	20.9M	49.9M	21.8M	39M	14.1M	76.8M	29.8M
Net income	155.3M	250.5M	180M	74.5M	124.6M	214.4M	163.8M	72.8M	129.8M	203.7M	250.6M	97.7M
Net margin	10.3%	11.6%	11.4%	4.92%	8.59%	10.4%	10.6%	4.74%	8.71%	10.2%	15.8%	6.38%
EBITDA	239.3M	361.3M	283.4M	146.2M	208.3M	310.8M	263.3M	133.5M	214.4M	284.8M	166.6M	173.9M
EPS	9.49	15.4	11.1	4.59	7.73	13.5	10.4	4.66	8.31	13.1	16	6.25
Diluted EPS	9.49	15.4	11.1	4.59	7.73	13.5	10.4	4.66	8.31	13.1	16	6.25

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	—	—	1.8B	1.5B	—	5.2B	—	6.4B	7.5B	9.5B	10.7B
Enterprise value	—	—	2.3B	1.9B	—	5.1B	—	6B	7B	9B	9.6B
Shares outstanding	34.3M	29.5M	27.3M	25.4M	22.7M	20.6M	17.5M	16.5M	16.1M	15.7M	15.7M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	—	—	10.7	13.9	—	6.06	—	8.66	12.7	16.7	15.2
P/S	—	—	0.28	0.24	—	0.79	—	0.93	1.14	1.45	1.57
P/B	—	—	1.09	0.95	—	3.6	—	3.77	4.2	5.35	4.89
EV/EBITDA	—	—	4.65	4.88	—	3.91	—	5.3	7.43	10	11.2
EV/Sales	—	—	0.35	0.3	—	0.77	—	0.87	1.07	1.37	1.45
Earnings yield	—	—	9.34%	7.2%	—	16.5%	—	11.6%	7.87%	5.99%	6.57%
FCF yield	—	—	12.6%	17%	—	22.5%	—	11.7%	8.09%	6.56%	3.48%
PEG	—	—	—	—	—	—	—	—	—	—	0.45

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	35.1%	34.6%	34%	33.2%	30.8%	43.4%	43.1%	41.4%	40.5%	40.3%	40.6%
Operating margin	5.22%	4.34%	4.12%	2.64%	-1.87%	16.9%	16.1%	13.5%	11.2%	10.5%	5.69%
Net margin	2.64%	3.45%	2.62%	1.75%	-1.62%	13%	12.7%	10.7%	9.01%	8.69%	10.3%
ROE	9.85%	13%	10.1%	6.84%	-4.97%	59.4%	55.8%	43.5%	33%	32.1%	33.8%
ROA	4.35%	6.01%	4.96%	3.24%	-2.32%	26.6%	26.8%	21.4%	16.8%	16.3%	11.4%
ROIC	10%	12.4%	10.3%	7.09%	-4.89%	66%	66.8%	57.1%	46%	44.7%	45.1%
Return on tangible assets	4.35%	6.01%	4.96%	3.24%	-2.32%	26.6%	26.8%	21.4%	16.8%	16.3%	18.2%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.88	1.66	1.9	1.99	2.15	1.98	2.41	2.67	2.84	2.65	3.03
Quick ratio	0.44	0.26	0.26	0.41	0.74	0.86	1.11	1.35	1.43	1.31	1.58
Debt / equity	0.48	0.43	0.34	0.38	0.43	0.42	0.35	0.33	0.31	0.31	0.22
Debt / assets	0.21	0.2	0.17	0.18	0.2	0.19	0.17	0.16	0.16	0.16	0.12
Net debt / EBITDA	0.83	1.08	0.91	0.88	2.02	-0.08	-0.18	-0.35	-0.51	-0.58	-0.96
Interest coverage	5.04	4.35	4.88	3.82	-2.09	25.2	26.6	23.6	19.3	17.9	17.9
Effective tax rate	34.3%	0%	18.1%	17%	0%	20.8%	19.6%	19.4%	18.7%	18%	19%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	187.1	217.7	238.2	249.7	195.3	321.6	399.8	416.2	409.3	419.2	422.6
EPS (basic)	4.93	7.51	6.23	4.38	-3.16	41.9	50.8	44.7	36.8	36.4	36.4
EPS (diluted)	4.93	7.5	6.23	4.38	-3.16	41.9	50.8	44.7	36.8	36.4	43.6
Book value per share	50.1	57.9	61.5	63.9	63.5	70.4	91.4	102.7	111.6	113.6	135.8
FCF per share	11.9	4.88	8.43	10.3	8.48	57.1	47.3	45.4	37.9	39.8	40.7
Cash per share	10.1	6.34	4.52	10.9	15.9	34.8	45.7	57.9	64.8	68.5	80.7
Capex per share	3.06	4.42	5.02	4.07	2.66	5.07	6.86	8.05	6.49	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.63%	2.03%	2.11%	1.63%	1.36%	1.58%	1.72%	1.93%	1.59%	—	—
Capex / operating cash flow	20.4%	46.4%	35.5%	27.3%	15.9%	9.01%	12.4%	15%	14.6%	—	—
Payout ratio	5.78%	4.26%	6.52%	10.4%	-19.5%	35.4%	30.4%	45.8%	69.7%	85%	2.75%
Dividend yield	—	—	0.61%	0.75%	—	5.84%	—	5.29%	5.49%	5.1%	0.18%

Yield

0.18%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.30

ex-dividend Jun 30, 2026

Payout ratio

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 30, 2026	$0.30
Mar 31, 2026	$0.30
Dec 31, 2025	$0.30

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	$1.5B	$2.2B	$1.6B	$1.5B	$1.5B	$2.1B	$1.5B	$1.5B	$1.5B	$2B	$1.6B	$1.5B
YoY change	-4.38%	-0.17%	-2.55%	-5.18%	-3.53%	-4.97%	-1.64%	+1.41%	+2.74%	-3.03%	+2.69%	-0.36%

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	347M	187M	123.5M	277.1M	360.3M	716.8M	799.2M	956.3M	1B	1.1B
Receivables	48.2M	38.4M	49.9M	46.2M	36.7M	39.8M	57M	60.5M	55.7M	39.7M
Inventory	1.4B	1.5B	1.5B	1.5B	1.1B	1.1B	1.1B	1.1B	1.2B	1.2B
Total current assets	1.8B	1.7B	1.8B	1.8B	1.7B	1.9B	2.1B	2.2B	2.4B	2.4B
Property, plant & equipment	-1.3B	-1.4B	-1.5B	-1.6B	-1.7B	-1.8B	-1.9B	-1.9B	-2.1B	-2.2B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	3.9B	3.7B	3.4B	3.4B	3.1B	3.2B	3.3B	3.4B	3.5B	3.5B
Accounts payable	635.8M	657.6M	743.3M	713.5M	564.5M	629M	589.6M	562.4M	601.2M	570.6M
Short-term debt	90.5M	162M	1.2M	15.9M	14.5M	56.5M	9.7M	11.3M	11.4M	105.5M
Total current liabilities	976.5M	1B	933.5M	930.8M	772.9M	966.2M	859M	827.8M	834.9M	902.1M
Long-term debt	730.1M	568.3M	567.2M	599.1M	599.2M	552.2M	545.5M	553.2M	543.9M	452M
Total liabilities	2.2B	2B	1.8B	1.8B	1.7B	1.8B	1.7B	1.8B	1.7B	1.7B
Shareholders' equity	1.7B	1.7B	1.7B	1.6B	1.4B	1.5B	1.6B	1.7B	1.8B	1.8B
Total debt	820.6M	730.3M	568.4M	615M	613.8M	608.7M	555.2M	564.4M	555.3M	557.6M
Net debt	473.6M	543.3M	444.9M	337.9M	253.4M	-108M	-95.1M	-243.8M	-162.5M	-303.9M

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	842M	808.3M	817.8M	946.7M	980.4M	717.9M	900.5M	1B	1.3B	1.1B	1.4B	1.3B
Receivables	—	—	—	—	—	—	—	—	44.9M	39.7M	47.1M	45.4M
Inventory	—	—	—	—	—	—	—	—	1.7B	1.2B	1.5B	1.3B
Total current assets	—	—	—	—	—	—	—	—	3.2B	2.4B	3B	2.7B
Property, plant & equipment	—	—	—	—	—	—	—	—	971M	-2.2B	918.6M	895.1M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	—	—	—	—	—	—	—	—	4.3B	3.5B	4.1B	3.7B
Accounts payable	—	—	—	—	—	—	—	—	1.2B	570.6M	1.1B	794.7M
Short-term debt	—	—	—	—	—	—	—	—	106M	105.5M	105.4M	89.1M
Total current liabilities	—	—	—	—	—	—	—	—	1.4B	902.1M	1.3B	883.8M
Long-term debt	—	—	—	—	—	—	—	—	442.5M	452M	450M	367.7M
Total liabilities	—	—	—	—	—	—	—	—	2.3B	1.7B	2.1B	1.6B
Shareholders' equity	—	—	—	—	—	—	—	—	2B	1.8B	2B	2.1B
Total debt	—	—	—	—	—	—	—	—	548.6M	557.6M	555.4M	456.8M
Net debt	—	—	—	—	—	—	—	—	-600.6M	-303.9M	-602.3M	-306.2M

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	169.2M	221.3M	170.3M	111.1M	-71.7M	862.5M	891.6M	738.8M	593.5M	570.2M
Depreciation & amortization	245.9M	233.7M	225.8M	224.3M	216.3M	201.4M	190M	181.2M	179.5M	180.9M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	132.9M	-66.2M	-10.5M	48.6M	251.6M	99.5M	-92.3M	-12.4M	-35.2M	7M
Operating cash flow	513.9M	280.9M	386M	379M	379.4M	1.2B	970.7M	884.3M	717M	717M
Capital expenditure	-104.8M	-130.5M	-137.1M	-103.4M	-60.5M	-104.4M	-120.1M	-132.9M	-104.6M	—
Investing cash flow	-117.4M	-113.7M	-131.6M	-39.8M	-48.6M	-71.3M	-235.9M	-115.6M	-269.7M	115.9M
Dividends paid	-9.8M	-9.4M	-11.1M	-11.5M	-14M	-305.2M	-271.3M	-338.6M	-413.8M	-484.9M
Share repurchases	-240.2M	-223M	-129.9M	-130.9M	-102.9M	-544.9M	-452.9M	-281.4M	-121M	-107.8M
Financing cash flow	-253.2M	-324M	-303.1M	-143.4M	-121.3M	-853.8M	-769M	-620M	-534.8M	-595.9M
Net change in cash	143.3M	-156.8M	-48.7M	195.8M	209.5M	233.8M	-34.1M	148.6M	-87.6M	237M
Free cash flow	407.4M	143.8M	230.2M	261.7M	192.5M	1.2B	828.3M	750.6M	609.6M	623.6M

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	155.3M	250.5M	180M	74.5M	124.6M	214.4M	163.8M	72.8M	129.8M	203.7M	250.6M	97.7M
Depreciation & amortization	45.1M	44.7M	46.5M	46.9M	44.4M	41.7M	44.9M	45M	44.8M	46.2M	43.7M	44.8M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-42M	137.7M	-33M	-69.2M	-30.8M	97.8M	-23.1M	-37.1M	-24.4M	91.6M	-3.9M	-69.6M
Operating cash flow	157.3M	431.4M	190.4M	48.3M	136M	351.3M	182.3M	86.8M	186.5M	211.2M	364M	-37.2M
Capital expenditure	-40.9M	-28.3M	-35.2M	-25.9M	-28.1M	-15.4M	-16.9M	—	—	—	—	—
Investing cash flow	67.7M	-123.5M	-230.8M	201.4M	-30.8M	-209.6M	55.3M	66.9M	-15M	-6.3M	-45.9M	-234.4M
Dividends paid	-3.3M	-328.5M	-4.1M	-4.1M	-4.1M	-401.6M	-4M	-3.9M	-3.9M	-473.1M	-4.7M	-4.7M
Share repurchases	-46M	-18.2M	0	0	-105M	-16M	-98M	-9.8M	0	0	0	0
Financing cash flow	-49.3M	-346.7M	-4.1M	-4.1M	-109.1M	-417.7M	-105.3M	-13.7M	-3.9M	-473M	-4.7M	-4.7M
Net change in cash	175.7M	-38.8M	-44.5M	245.6M	-3.8M	-275.9M	132.3M	139.9M	167.5M	-268.2M	313.4M	-276.3M
Free cash flow	8.4M	408.2M	209.2M	-94.3M	145.4M	349.3M	215.8M	60.1M	156.2M	191.6M	346.8M	-59.5M

Date	Ratio
Jun 8, 1992	3:1
Dec 17, 1985	2:1
Sep 17, 1984	2:1
Mar 24, 1983	2:1

Dillard's 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

Dividend per share

Recent payouts

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

Split history