NASDAQ : DLTR
Dollar Tree, Inc. — Financial statements
Consumer Staples · Discount Stores · United States
Last price 132.03 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 24.77B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Dollar Tree, Inc. (DLTR) reported revenue of 20.07B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 20.05B | 19.40B | 17.57B | 16.77B | 15.41B | 26.31B |
| Other Revenue | 19.30M | 16.10M | 12.70M | 10.80M | 5.80M | 11.40M |
| Revenue | 20.07B | 19.41B | 17.58B | 16.78B | 15.41B | 26.32B |
| Cost of Revenue | 12.61B | 12.29B | 11.28B | 10.76B | 9.63B | 18.58B |
| Gross Profit | 7.46B | 7.12B | 6.29B | 6.02B | 5.78B | 7.74B |
| Selling, General & Admin | 5.65B | 5.46B | 4.78B | 4.23B | 3.68B | 5.92B |
| Operating Expenses | 5.65B | 5.46B | 4.78B | 4.23B | 3.68B | 5.92B |
| Operating Income | 1.81B | 1.66B | 1.51B | 1.79B | 2.10B | 1.82B |
| Interest Expense | -74.10M | -85.50M | -107.50M | -112.50M | -127.20M | -132.40M |
| Other Non Operating Income (Expenses) | 100.00K | -100.00K | -900.00K | -100.00K | -400.00K | -300.00K |
| EBT Excluding Unusual Items | 1.74B | 1.58B | 1.41B | 1.67B | 1.97B | 1.68B |
| Merger & Restructuring Charges | -56.00M | -56.00M | ||||
| Asset Writedown | -9.00M | -9.00M | -52.10M | -10.90M | -1.40M | -4.40M |
| Other Unusual Items | 460.40M | 46.90M | -46.50M | |||
| Pretax Income | 2.15B | 1.63B | 1.38B | 1.66B | 1.97B | 1.63B |
| Income Tax Expense | 528.50M | 404.20M | 341.10M | 396.10M | 471.60M | 304.30M |
| Earnings From Continuing Operations | 1.62B | 1.23B | 1.04B | 1.27B | 1.50B | 1.33B |
| Earnings From Discontinued Operations | -5.60M | 57.20M | -4.07B | -2.26B | 115.30M | |
| Net Income | 1.61B | 1.28B | -3.03B | -998.40M | 1.62B | 1.33B |
| Net Income to Common | 1.61B | 1.28B | -3.03B | -998.40M | 1.62B | 1.33B |
| Shares Outstanding (Basic) | 197.45M | 205.80M | 215.70M | 219.50M | 223.20M | 227.90M |
| Shares Outstanding (Diluted) | 197.95M | 206.30M | 215.90M | 219.90M | 224.10M | 229.00M |
| EPS (Basic) | 8.17 | 6.23 | -14.05 | -4.55 | 7.24 | 5.83 |
| EPS (Diluted) | 8.15 | 6.22 | -14.03 | -4.54 | 7.21 | 5.80 |
| Free Cash Flow | 1.98B | 1.32B | 1.12B | 576.90M | 971.10M | 408.70M |
| Free Cash Flow Per Share | 9.99 | 6.40 | 5.17 | 2.62 | 4.33 | 1.78 |
| Gross Margin | 37.18% | 36.69% | 35.81% | 35.87% | 37.51% | 29.40% |
| Operating Margin | 9.03% | 8.57% | 8.61% | 10.64% | 13.63% | 6.90% |
| Profit Margin | 8.04% | 6.61% | -17.24% | -5.95% | 10.48% | 5.04% |
| Free Cash Flow Margin | 9.86% | 6.80% | 6.35% | 3.44% | 6.30% | 1.55% |
| EBITDA | 2.50B | 2.31B | 2.04B | 2.19B | 2.47B | 2.53B |
| EBITDA Margin | 12.48% | 11.91% | 11.61% | 13.03% | 16.00% | 9.62% |
| D&A For EBITDA | 691.80M | 648.10M | 526.90M | 400.50M | 365.30M | 716.00M |
| EBIT | 1.81B | 1.66B | 1.51B | 1.79B | 2.10B | 1.82B |
| EBIT Margin | 9.03% | 8.57% | 8.61% | 10.64% | 13.63% | 6.90% |
| Effective Tax Rate | 24.62% | 24.80% | 24.65% | 23.83% | 23.92% | 18.64% |
| Revenue as Reported | 20.07B | 19.41B | 17.58B | 16.78B | 15.41B | 26.32B |
| Advertising Expenses | 44.40M | 28.30M | 26.70M | 93.90M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.06B | 717.80M | 1.26B | 425.20M | 642.80M | 984.90M |
| Cash & Short-Term Investments | 1.06B | 717.80M | 1.26B | 425.20M | 642.80M | 984.90M |
| Inventory | 2.45B | 2.50B | 2.67B | 2.50B | 5.45B | 4.37B |
| Other Current Assets | 234.30M | 233.00M | 5.18B | 3.21B | 275.00M | 257.00M |
| Total Current Assets | 3.74B | 3.45B | 9.11B | 6.13B | 6.37B | 5.61B |
| Property, Plant & Equipment | 9.66B | 9.39B | 8.65B | 7.49B | 11.43B | 10.90B |
| Goodwill | 422.10M | 423.20M | 421.20M | 423.30M | 1.98B | 1.98B |
| Other Intangible Assets | 3.10B | 3.10B | ||||
| Long-Term Deferred Tax Assets | 1.70M | 1.00M | 260.60M | 9.00M | 15.00M | 20.30M |
| Other Long-Term Assets | 201.20M | 201.10M | 209.30M | 7.96B | 126.70M | 105.30M |
| Total Assets | 14.03B | 13.47B | 18.64B | 22.02B | 23.02B | 21.72B |
| Accounts Payable | 1.63B | 1.53B | 1.71B | 1.17B | 1.90B | 1.88B |
| Accrued Expenses | 492.90M | 376.80M | 387.60M | 528.70M | 558.80M | |
| Current Portion of Long-Term Debt | 1.00B | |||||
| Current Portion of Leases | 1.01B | 1.00B | 960.70M | 899.80M | 1.45B | 1.41B |
| Current Income Taxes Payable | 120.10M | 52.70M | 58.10M | 82.60M | ||
| Other Current Liabilities | 665.60M | 204.80M | 4.42B | 2.19B | 289.00M | 243.20M |
| Total Current Liabilities | 3.30B | 3.23B | 8.59B | 4.70B | 4.23B | 4.18B |
| Long-Term Debt | 2.93B | 2.43B | 2.43B | 3.43B | 3.42B | 3.42B |
| Long-Term Leases | 3.73B | 3.62B | 3.44B | 3.04B | 5.26B | 5.15B |
| Long-Term Deferred Tax Liabilities | 347.90M | 153.30M | 841.10M | 1.11B | 987.20M | |
| Other Long-Term Liabilities | 293.50M | 274.00M | 210.80M | 2.70B | 262.80M | 277.00M |
| Total Liabilities | 10.60B | 9.71B | 14.67B | 14.71B | 14.27B | 14.00B |
| Common Stock | 1.90M | 2.00M | 2.20M | 2.20M | 2.20M | 2.20M |
| Additional Paid-In Capital | 92.90M | 229.90M | 667.50M | 1.24B | ||
| Retained Earnings | 3.48B | 3.80B | 3.94B | 7.12B | 8.12B | 6.51B |
| Comprehensive Income & Other | -55.50M | -50.70M | -59.20M | -43.60M | -41.20M | -35.20M |
| Shareholders' Equity | 3.43B | 3.75B | 3.98B | 7.31B | 8.75B | 7.72B |
| Total Liabilities & Equity | 14.03B | 13.47B | 18.64B | 22.02B | 23.02B | 21.72B |
| Total Debt | 7.67B | 7.06B | 7.83B | 7.37B | 10.13B | 9.97B |
| Net Cash (Debt) | -6.61B | -6.34B | -6.57B | -6.94B | -9.48B | -8.99B |
| Net Cash Per Share | -33.41 | -30.72 | -30.45 | -31.57 | -42.32 | -39.24 |
| Filing Date Shares Outstanding | 187.63M | 197.30M | 215.08M | 217.98M | 221.23M | 225.11M |
| Total Common Shares Outstanding | 187.67M | 198.51M | 215.08M | 217.91M | 221.22M | 225.10M |
| Working Capital | 441.50M | 217.60M | 521.30M | 1.44B | 2.14B | 1.43B |
| Book Value Per Share | 18.25 | 18.92 | 18.49 | 33.56 | 39.56 | 34.29 |
| Tangible Book Value | 3.00B | 3.33B | 3.56B | 6.89B | 3.67B | 2.63B |
| Tangible Book Value Per Share | 16.00 | 16.78 | 16.53 | 31.62 | 16.58 | 11.70 |
| Land | 185.00M | 162.70M | 161.30M | 242.60M | 239.70M | |
| Buildings | 1.69B | 1.40B | 1.23B | 1.63B | 1.57B | |
| Machinery | 4.27B | 3.59B | 3.24B | 5.26B | 4.70B | |
| Construction In Progress | 564.70M | 909.70M | 1.02B | 633.80M | 489.00M | |
| Leasehold Improvements | 3.09B | 2.77B | 2.40B | 3.23B | 2.84B |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 1.61B | 1.28B | -3.03B | -998.40M | 1.62B | 1.33B |
| Depreciation & Amortization | 691.80M | 648.10M | 526.90M | 400.50M | 365.30M | 716.00M |
| Asset Writedown & Restructuring Costs | 9.30M | 9.00M | 52.10M | 10.90M | 1.50M | 4.40M |
| Stock-Based Compensation | 68.00M | 58.90M | 106.90M | 76.30M | 91.50M | 79.90M |
| Other Operating Activities | 289.10M | 142.10M | 4.14B | 2.33B | -50.50M | 36.30M |
| Change in Inventory | 178.20M | 130.60M | -182.60M | 488.20M | -712.10M | -940.40M |
| Change in Accounts Payable | 33.10M | -178.10M | 541.40M | 87.90M | 87.70M | 403.80M |
| Change in Income Taxes | 257.20M | 115.20M | 110.60M | 67.20M | 19.60M | -3.70M |
| Change in Other Net Operating Assets | -22.20M | -17.60M | -73.80M | -59.70M | -500.00K | -192.70M |
| Operating Cash Flow | 3.12B | 2.45B | 2.42B | 1.77B | 1.61B | 1.43B |
| Capital Expenditures | -1.14B | -1.13B | -1.30B | -1.19B | -643.70M | -1.02B |
| Sale of Property, Plant & Equipment | 600.00K | 1.30M | 1.10M | |||
| Other Investing Activities | 11.00M | 484.00M | 50.00M | -610.10M | 2.90M | |
| Investing Cash Flow | -1.13B | -648.70M | -1.25B | -1.19B | -1.25B | -1.02B |
| Short-Term Debt Issued | 10.12B | 3.21B | 1.07B | 555.00M | ||
| Long-Term Debt Issued | 1.20B | |||||
| Total Debt Issued | 6.92B | 10.12B | 3.21B | 1.07B | 555.00M | 1.20B |
| Short-Term Debt Repaid | -10.12B | -3.21B | -1.07B | -555.00M | ||
| Long-Term Debt Repaid | -1.00B | -1.00B | ||||
| Total Debt Repaid | -6.72B | -11.12B | -3.21B | -1.07B | -555.00M | -1.00B |
| Net Debt Issued (Repaid) | 200.80M | -1.00B | 197.40M | |||
| Issuance of Common Stock | 7.10M | 8.20M | 9.80M | 10.00M | 9.30M | 17.80M |
| Repurchase of Common Stock | -1.85B | -1.56B | -421.10M | -540.00M | -696.10M | -992.40M |
| Other Financing Activities | -3.80M | -59.30M | ||||
| Financing Cash Flow | -1.64B | -2.56B | -411.30M | -530.00M | -686.80M | -836.50M |
| Foreign Exchange Rate Adjustments | -500.00K | 900.00K | -1.80M | -1.00M | -1.20M | -400.00K |
| Net Cash Flow | 344.50M | -750.50M | 754.00M | 45.90M | -327.00M | -425.30M |
| Free Cash Flow | 1.98B | 1.32B | 1.12B | 576.90M | 971.10M | 408.70M |
| Free Cash Flow Margin | 9.86% | 6.80% | 6.35% | 3.44% | 6.30% | 1.55% |
| Free Cash Flow Per Share | 9.99 | 6.40 | 5.17 | 2.62 | 4.33 | 1.78 |
| Levered Free Cash Flow | 1.05B | 1.28B | 897.52M | 1.37B | -46.66M | 221.72M |
| Unlevered Free Cash Flow | 1.10B | 1.34B | 964.71M | 1.44B | 32.84M | 304.48M |
| Cash Interest Paid | 106.80M | 125.40M | 132.80M | 131.40M | 132.20M | 176.10M |
| Cash Income Tax Paid | 92.90M | 141.20M | 174.60M | 270.20M | 401.30M | 363.40M |
| Change in Working Capital | 446.30M | 50.10M | 395.60M | 583.60M | -605.30M | -733.00M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 25.61B | 23.38B | 15.77B | 30.22B | 33.26B | 28.90B |
| Enterprise Value | 32.22B | 30.45B | 25.63B | 40.46B | 43.17B | 37.97B |
| Last Close Price | 133.87 | 117.59 | 73.35 | 138.71 | 150.37 | 128.49 |
| PE Ratio | 16.74 | 18.23 | 20.59 | 21.77 | ||
| Forward PE | 19.85 | 18.27 | 12.48 | 20.04 | 21.15 | 19.12 |
| PS Ratio | 1.25 | 1.21 | 0.90 | 1.80 | 2.16 | 1.10 |
| PB Ratio | 7.33 | 6.23 | 3.97 | 4.13 | 3.80 | 3.75 |
| P/TBV Ratio | 8.36 | 7.02 | 4.43 | 4.39 | 9.07 | 10.97 |
| P/FCF Ratio | 12.70 | 17.71 | 14.13 | 52.38 | 34.25 | 70.72 |
| P/OCF Ratio | 8.06 | 9.53 | 6.53 | 17.06 | 20.60 | 20.19 |
| PEG Ratio | 1.39 | 1.55 | 1.26 | 1.34 | 1.33 | 1.41 |
| EV/Sales Ratio | 1.58 | 1.57 | 1.46 | 2.41 | 2.80 | 1.44 |
| EV/EBITDA Ratio | 12.67 | 13.17 | 12.55 | 18.51 | 17.51 | 15.00 |
| EV/EBIT Ratio | 17.51 | 18.31 | 16.92 | 22.66 | 20.55 | 20.91 |
| EV/FCF Ratio | 16.04 | 23.06 | 22.96 | 70.14 | 44.46 | 92.91 |
| Debt / Equity Ratio | 2.24 | 1.88 | 1.97 | 1.01 | 1.16 | 1.29 |
| Debt / EBITDA Ratio | 1.88 | 1.85 | 2.28 | 2.14 | 2.77 | 2.19 |
| Debt / FCF Ratio | 3.88 | 5.34 | 7.02 | 12.77 | 10.43 | 24.39 |
| Net Debt / Equity Ratio | 1.93 | 1.69 | 1.65 | 0.95 | 1.08 | 1.16 |
| Net Debt / EBITDA Ratio | 2.64 | 2.74 | 3.22 | 3.18 | 3.85 | 3.55 |
| Net Debt / FCF Ratio | 3.34 | 4.80 | 5.89 | 12.04 | 9.77 | 21.98 |
| Asset Turnover | 1.46 | 1.21 | 0.86 | 0.74 | 0.69 | 1.24 |
| Inventory Turnover | 4.91 | 4.76 | 4.37 | 2.71 | 1.96 | 4.77 |
| Quick Ratio | 0.32 | 0.22 | 0.15 | 0.09 | 0.15 | 0.24 |
| Current Ratio | 1.13 | 1.07 | 1.06 | 1.31 | 1.51 | 1.34 |
| Return on Equity (ROE) | 46.03% | 31.69% | 18.47% | 15.76% | 18.22% | 17.70% |
| Return on Assets (ROA) | 8.26% | 6.48% | 4.65% | 4.95% | 5.87% | 5.35% |
| Return on Invested Capital (ROIC) | 13.57% | 12.12% | 9.20% | 8.37% | 9.15% | 9.17% |
| Return on Capital Employed (ROCE) | 16.90% | 16.20% | 15.10% | 10.30% | 11.20% | 10.30% |
| Earnings Yield | 5.97% | 5.49% | -19.21% | -3.30% | 4.86% | 4.59% |
| FCF Yield | 7.88% | 5.65% | 7.07% | 1.91% | 2.92% | 1.41% |
| Buyback Yield / Dilution | 6.93% | 4.45% | 1.82% | 1.87% | 2.14% | 3.50% |