— Know what they know.
/
Not Investment Advice

DLTR

NASDAQ · USD
Dollar Tree, Inc.
Consumer Defensive · Discount Stores
CEO Michael C. Creedon Jr. Employees 150,000 R&D / revenue 0.0%
Last price
$124.18−0.18%last session
Market cap
$23.3B
P/E (TTM)
15.1x
From 52w high
−12.8%
From 52w low
+44.6%
1-year return
+32.1%
RSI 14 · vs SMA200
61.5 · +6.2%
IS score
60.0/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

DLTR   SPY   XLP (sector ETF) · weekly closes
100110120130140150Jan 26Apr 26Jul 26Oct 26DLTR 132SPY 116XLP 111

Score DNA

Each bar is a 0-100 score within the scored universe
62
Profitability
54
Growth
45
Value
80
Momentum
90
Risk (safety)
69
Quality
50
Balance sheet
80
Earnings quality

Flags

Strengths
✓ Piotroski 8+✓ FCF yield 5%+
Warnings
None of the computed warning flags fires for DLTR (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Efficient ScalePiotroski 8 / 9Altman Z 3.7Beta 0.661 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
14 open-market sales, $1.8B
Form 144 notices (12m): 4, $133.6M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+8
117 new holders, 102 closed
867 filers hold 103.2% · 292 added, 326 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+239
1,025 funds adding shares
786 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
75.9%
20-day avg 66.6%, 50-day avg 57.6%
Latest 9.3 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$19.4B
Revenue growth YoY+10.4%
Gross margin36.4%
Operating income$1.6B
Operating margin8.2%
Net income$1.3B
Net margin6.6%
EPS (diluted)$5.94
Cash flow
Operating cash flow$2.5B
Capital expenditure$1.1B
Free cash flow$1.4B
FCF conversion (FCF / OCF)55.2%
Stock-based compensation$58.9M
FCF less SBC$1.3B
Buybacks$1.5B
Dividends$0
Balance sheet & returns
Cash & short-term investments$717.8M
Total debt$4.6B
Net debt$3.9B
Shareholders' equity$3.8B
Goodwill & intangibles$423.2M
Debt / equity2.24
ROE (TTM)45.6%
ROIC (TTM)13.8%
Operating margin by fiscal year
6.9%FY20217.9%FY2022-2.9%FY20236.0%FY20248.2%FY2025
Revenue $26.3B (FY2021) to $19.4B (FY2025), a -7.3% CAGR.

Valuation

P/E (TTM)15.1x
EV / EBITDA9.8x
Price / sales1.16x
Price / FCF12.6x
FCF yield7.95%
Buyback yield6.64%
SBC / revenue0.4%
Price / book6.91x
Forward P/E FY202715.7x
Forward multiples divide today's price by Street EPS estimates. Street mean target $136.88 across 16 analysts last quarter is theirs, not ours.

DLTR vs industry median

18 companies in Discount Stores
Gross margin 38.7% 28.8% Operating margin 10.7% 5.9% Net margin 8.0% 3.3% ROIC 13.8% 14.2%
DLTR (TTM)Industry median Asset turnover 1.43 vs industry 1.99 · financial leverage 4.10

Earnings delivery

Next report 2026-12-02 · consensus EPS $0.95
75%
beat rate, 9 of 12 quarters
+2.7%
median EPS surprise
5
longest beat streak
+5+1-4+1-36+5-4+4+85+11+1+135
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-08-24 to 2026-08-27. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
DLTR Dollar Tree, Inc. $23.3B15.1x45.6%8.0%+10.4% +32.1%
DG Dollar General Corporation $29.7B17.4x19.7%4.9%+4.8% +29.4%
BJ BJ's Wholesale Club Holdings $13.0B22.3x27.7%2.8%+9.1% +10.7%
TGT Target Corporation $70.1B15.9x26.4%7.1%+2.0% +78.2%
OLLI Ollie's Bargain Outlet Holdi $5.5B20.7x14.9%11.5%+14.4% −24.3%
PSMT PriceSmart, Inc. $5.2B32.6x12.2%2.7%+10.2% —
STZ Constellation Brands, Inc. $22.2B11.8x23.9%21.5%−4.3% —
USFD US Foods Holding Corp. $22.1B30.9x16.4%2.6%+3.8% —
12-month window: SPY +15.9%, sector ETF XLP +11.4%. Past returns describe history only.

Recent 8-K filings

2026-09-25Bylaws Amendment; Exhibits
2026-08-27Earnings Release; Regulation FD; Exhibits
2026-08-06Regulation FD; Exhibits
2026-07-02Other Events; Exhibits
2026-06-23Bylaws Amendment; Shareholder Vote; Exhibits
2026-05-28Earnings Release; Regulation FD; Exhibits

Context

Shares outstanding187,630,299
Free float99.8%
Institutional ownership103.2%
Beta0.66
Dividend yield0.00%
Last dividendNone on file
50 / 200-day average$122.39 / $116.97
Large-cap Consumer Defensive median P/E23.3x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where DLTR sits among 8 scored companies in Discount Stores (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureDLTRIndustry medianIndustry percentileSector median
P/E (TTM) 14.4x 21.1x
0th		 20.0x
PEG (P/E ÷ 3-yr EPS CAGR) 0.95 2.53
17th		 1.14
Price / sales 1.2x 1.0x
57th		 1.1x
Price / book 6.8x 4.9x
71st		 2.5x
Price / tangible book 8.1x 7.8x
57th		 4.0x
Price / free cash flow 12.6x 30.2x
14th		 14.7x
Price / operating cash flow 7.8x 14.0x
14th		 9.4x
Enterprise value $29.9B $36.8B
43rd		 $5.1B
EV / sales 1.5x 1.2x
86th		 1.3x
EV / EBITDA 10.4x 13.9x
14th		 12.3x
EV / EBIT 13.7x 18.1x
0th		 16.5x
EV / free cash flow 16.1x 35.2x
0th		 18.2x
Earnings yield 6.9% 4.8%
100th		 3.9%
FCF yield 8.0% 3.4%
86th		 6.5%
Operating cash flow yield 12.8% 7.4%
86th		 10.4%
Graham number (per share) $58.40 $66.00
43rd		 $35.68

Profitability (TTM)

MeasureDLTRIndustry medianIndustry percentileSector median
Gross margin 38.7% 27.3%
86th		 34.4%
EBITDA margin 14.4% 7.2%
86th		 10.7%
Operating margin 10.7% 5.1%
86th		 7.6%
EBIT margin 10.9% 4.9%
86th		 6.9%
Net margin 8.0% 3.5%
86th		 3.3%
NOPAT margin 8.1% 3.8%
86th		 4.8%
FCF margin 9.2% 3.7%
100th		 7.6%
Operating cash flow margin 14.9% 7.0%
100th		 11.1%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 28.2% 21.0%
100th		 21.1%
Stock comp / revenue 0.4% 0.3%
100th		 0.5%
Effective tax rate 24.6% 24.6%
43rd		 23.2%

Returns on capital

MeasureDLTRIndustry medianIndustry percentileSector median
ROE (on average equity) 45.9% 24.9%
100th		 10.4%
ROA 11.8% 7.8%
100th		 4.9%
ROIC 16.2% 14.2%
86th		 8.2%
ROCE 20.4% 16.2%
86th		 9.1%
Return on tangible assets 16.0% 11.3%
100th		 7.2%
Cash ROIC (OCF / invested capital) 29.8% 24.6%
86th		 15.0%
Gross profitability (GP / assets) 55.4% 47.6%
86th		 32.4%
ROIC, 3-yr average -3.7% 10.3%
0th		 6.4%
ROIC, 5-yr average -0.8% 12.3%
0th		 7.8%
ROE, 5-yr average -3.3% 22.5%
0th		 11.4%
Incremental ROIC —

Growth

MeasureDLTRIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) -7.8% 7.6%
0th		 3.8%
Revenue growth (QoQ) -1.7% 5.2%
0th		 4.3%
Revenue CAGR, 3 yr -11.9% 5.4%
0th		 3.8%
Revenue CAGR, 5 yr -4.9% 6.6%
0th		 5.1%
Gross profit CAGR, 3 yr -4.2% 6.8%
0th		 4.0%
Operating income CAGR, 3 yr 8.1% 9.4%
29th		 4.3%
Net income growth (TTM YoY) —
Net income CAGR, 3 yr 9.8% 10.2%
43rd		 5.4%
EPS growth (TTM YoY) —
EPS CAGR, 3 yr 15.2% 12.4%
71st		 6.8%
EPS CAGR, 5 yr 5.4% 8.9%
29th		 4.1%
FCF growth (TTM YoY) -13.8% 23.8%
14th		 23.4%
FCF CAGR, 3 yr 53.1% 18.5%
86th		 14.6%
Operating cash flow CAGR, 3 yr 14.0% 13.3%
57th		 6.4%
Book value CAGR, 3 yr -24.1% 12.0%
0th		 5.3%
Dividend CAGR, 3 yr —
Sustainable growth rate 45.9% 15.1%
100th		 8.3%

Margin history & stability

MeasureDLTRIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 34.8% 26.0%
86th		 34.7%
Operating margin, 3-yr average 4.6% 4.5%
57th		 6.7%
Net margin, 3-yr average -3.1% 2.9%
0th		 4.2%
FCF margin, 3-yr average 6.9% 3.4%
100th		 6.5%
Revenue stability (0-1) 0.44 0.97
0th		 0.81
Earnings stability (0-1) 0.18 0.81
0th		 0.34
Margin stability (0-1) 0.89 0.97
14th		 0.95

Liquidity (latest quarter)

MeasureDLTRIndustry medianIndustry percentileSector median
Cash & short-term investments $1.1B $1.3B
43rd		 $279.3M
Net cash (− = net debt) −$6.6B −$4.7B
43rd		 −$1.0B
Working capital $441.5M $313.1M
57th		 $285.9M
Current ratio 1.13 1.10
57th		 1.43
Quick ratio 0.39 0.38
57th		 0.86
Cash ratio (cash + ST investments / current liabilities) 0.32 0.29
57th		 0.28
Defensive interval (days) 69 days 73 days
43rd		 251 days

Leverage & solvency (latest quarter)

MeasureDLTRIndustry medianIndustry percentileSector median
Total debt $7.7B $8.1B
43rd		 $1.8B
Debt / equity 2.24 0.90
100th		 0.75
Net debt / equity 1.93 0.69
100th		 0.55
Debt / assets 54.7% 27.8%
100th		 31.6%
Debt / capital 69.1% 47.0%
100th		 43.0%
Debt / EBITDA 2.66 1.87
86th		 2.69
Net debt / EBITDA 2.29 1.38
71st		 2.14
Interest coverage (EBIT / interest) 29.5x 15.6x
83rd		 4.7x
Cash interest coverage 40.4x 21.8x
83rd		 8.2x
Debt payback (years of OCF) 2.6 yrs 2.1 yrs
86th		 2.8 yrs
Liabilities / assets 75.6% 67.7%
100th		 56.2%
IS credit model rating A — —
Implied credit spread (bps) 150 162
43rd		 225

Efficiency

MeasureDLTRIndustry medianIndustry percentileSector median
Asset turnover 1.46 2.10
29th		 0.94
Fixed asset turnover 2.08 3.64
0th		 4.44
Inventory turnover 4.8 6.9
29th		 6.0
Receivables turnover —
Days sales outstanding 0 days 1 days
0th		 30 days
Days inventory outstanding 76 days 54 days
71st		 61 days
Days payables outstanding 48 days 41 days
71st		 38 days
Cash conversion cycle (days) 28 days 8 days
71st		 37 days
Capex / revenue 5.7% 3.8%
100th		 3.1%
Capex / depreciation 1.64 1.97
29th		 0.92
Operating expense ratio 28.8% 22.6%
100th		 24.8%

Cash flow & earnings quality

MeasureDLTRIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.86 1.86
43rd		 1.87
FCF / net income 1.15 0.92
86th		 1.28
FCF / operating cash flow 62.0% 55.8%
71st		 71.9%
Capex / operating cash flow 38.0% 44.2%
29th		 29.5%
Accruals ratio -10.1% -7.3%
0th		 -6.1%
Sloan accruals ratio -2.8% -4.9%
86th		 -3.9%
Earnings quality score (0-1) 0.75 0.75
0th		 0.75

Dividends & buybacks

MeasureDLTRIndustry medianIndustry percentileSector median
Dividend yield 0.0% 0.7%
0th		 1.8%
Dividend per share (TTM) $0.00 $1.19
0th		 $0.64
Payout ratio (dividends / net income) 0.0% 26.3%
0th		 32.1%
Dividends / FCF 0.0% 22.7%
0th		 27.4%
Dividend growth (YoY) —
Buyback yield 7.9% 0.7%
100th		 0.9%
Shareholder yield (dividends + buybacks) 7.9% 2.5%
100th		 3.6%
Share count change (YoY) -8.1% -0.3%
0th		 -0.2%
Buybacks, last 5 years $6.9B $2.4B
86th		 $184.1M

Scores & forensic checks

MeasureDLTRIndustry medianIndustry percentileSector median
IS score 60 59
57th		 53
IS profitability 62 40
100th		 32
IS growth 54 54
57th		 50
IS value 45 46
43rd		 49
IS momentum 80 81
43rd		 73
IS risk (safety) 90 100
29th		 80
IS quality 69 70
43rd		 65
IS balance sheet 50 62
29th		 53
IS earnings quality 80 84
0th		 76
IS cash flow 50 55
29th		 57
Piotroski F-score (0-9) 8 6
86th		 6
Altman Z-score 3.7 4.7
29th		 3.2
Beneish M-score −3.04 −2.80
0th		 −2.71
Ohlson O-score −7.56 −7.80
71st		 −7.61
IS credit score 72 71
57th		 64

Per share

MeasureDLTRIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $8.45 $6.46
71st		 $2.03
Book value per share $17.94 $35.27
29th		 $16.28
Tangible book per share $15.76 $18.65
29th		 $3.52
Revenue per share $105.13 $183.30
29th		 $41.08
FCF per share $9.71 $6.71
57th		 $3.18
Operating cash flow per share $15.67 $12.37
57th		 $4.93
Cash per share $5.54 $6.36
43rd		 $2.81

Size (TTM)

MeasureDLTRIndustry medianIndustry percentileSector median
Market cap $23.3B $26.5B
43rd		 $4.0B
Revenue $20.1B $33.2B
29th		 $5.2B
EBITDA $2.9B $3.2B
43rd		 $426.9M
Net income $1.6B $1.7B
43rd		 $167.0M
Free cash flow $1.9B $2.3B
43rd		 $345.6M
Total assets $14.0B $23.1B
43rd		 $4.8B
Shareholders' equity $3.4B $6.4B
43rd		 $1.6B
Employees 150,000 172,000
43rd		 9,700

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Stahl Stephanie
Director
 Award / grant 393——393
2026-10-01Kelly Edward J Iii
Director
 Award / grant 328——328
2026-09-04Stahl Stephanie
Director
 Open-market sale 1,185$131.47$155,7924,089
2026-08-31Aflatooni Robert
Chief Information Officer
 Open-market sale 2,500$126.01$315,02524,820
2026-08-02Maheshwari Aditya
Chief Accounting Officer
 Tax withholding 127$127.21$16,1565,896
2026-08-01Stahl Stephanie
Director
 Conversion 1,185——5,274
2026-08-01Stahl Stephanie
Director
 Conversion 1,185——0
2026-07-05Schumacher Steven
Chief People Officer
 Tax withholding 282$124.05$34,98222,178
2026-07-01Heinrich Daniel J
Director
 Award / grant 1,238$121.15$149,98412,538
2026-07-01Randolph Diane
Director
 Conversion 1,398——4,114
2026-07-01Randolph Diane
Director
 Award / grant 1,238$121.15$149,9845,352
2026-07-01Randolph Diane
Director
 Conversion 1,398——0

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1212,132$599,935
ConversionAcquired3604,753$89.6M
ConversionDisposed3604,753$89.6M
Open-market saleDisposed1412,824,085$1.8B
OtherDisposed110,266,164—
Tax withholdingDisposed2409$51,138
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 4 notices · 1,119,088 shares · $133.6M
FiledFilerShares proposedEst. proceeds
2026-09-04Stahl Stephanie1,185$155,792
2026-08-31Aflatooni Robert2,500$315,031
2026-06-24Mantle Ridge Lp1,115,228$133.1M
2026-01-07Aflatooni Robert175$22,957
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 10 trades (0 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-08-19Gilbert CisnerosHouseSale$15,001 - $50,0002026-09-11
2026-04-09Josh GottheimerHouseSale$1,001 - $15,0002026-05-20
2026-04-09Josh GottheimerHouseSale (Full)$1,001 - $15,0002026-05-20
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
FMR LLC24,960,305$3.0B13.30%
BlackRock, Inc.15,926,906$1.9B8.49%
VANGUARD CAPITAL MANAGEMENT LLC11,885,619$1.4B6.33%
STATE STREET CORP8,941,412$1.1B4.77%
VANGUARD PORTFOLIO MANAGEMENT LLC8,354,248$1.0B4.45%
T. Rowe Price Investment Management, Inc.5,150,357$622.9M2.74%
GEODE CAPITAL MANAGEMENT, LLC4,997,470$602.1M2.66%
GOLDMAN SACHS GROUP INC4,282,156$517.9M2.28%
PRIMECAP MANAGEMENT CO/CA/3,768,875$455.8M2.01%
Invesco Ltd.3,514,290$425.1M1.87%
DIMENSIONAL FUND ADVISORS LP2,542,002$307.5M1.35%
CITADEL ADVISORS LLC2,512,682$303.9M1.34%
NORGES BANK2,284,585$276.3M1.22%
LONDON CO OF VIRGINIA2,203,154$266.5M1.17%
FIL Ltd2,143,633$259.3M1.14%

Institutional ownership by quarter

2023-092026-06103.2%
% of shares held by 13F filers
2023-092026-06867
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-30867103.2%117292326102
2026-03-31859108.5%13431326097
2025-12-31839111.1%17624529296
2025-09-30777117.8%11426327696
2025-06-30770111.3%168270238106
2025-03-31718116.5%10925923894
2024-12-31715113.0%150208280107
2024-09-30686109.0%89238256150
2024-06-30754111.4%8624430094
2024-03-31774113.1%8926927581
2023-12-31774115.7%14024426383
2023-09-30731111.9%84230300111

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-08-06SCHEDULE 13G/AAbigail P. Johnson13.0%24,922,005
2026-06-25SCHEDULE 13D/AMantle Ridge LP0.1%209,944
2026-06-25SCHEDULE 13D/AMR Cobalt Advisor LLC0.1%209,944
2026-06-25SCHEDULE 13D/APaul C. Hilal0.1%210,044
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
FCNTX0.75%$1.3B
FCNKX0.75%$1.3B
VITSX0.03%$645.4M
VSMPX0.03%$645.4M
VTI0.03%$645.4M
VTSAX0.03%$645.4M

Share structure

Shares outstanding187,630,299
Float187,285,136
Free float99.8%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$26.3B$15.4B$16.8B$17.6B$19.4B
Cost of revenue$18.6B$9.6B$10.8B$11.3B$12.3B
Gross profit$7.7B$5.8B$6.0B$6.3B$7.1B
R&D$0$0$0$0$0
SG&A$5.9B$3.7B$4.2B$4.8B$5.5B
Operating income$1.8B$2.1B$1.8B$1.5B$1.6B
EBITDA$2.5B$2.5B$2.2B$2.0B$2.2B
Pretax income$1.6B$2.0B$1.7B$1.4B$1.6B
Income tax$304.3M$471.6M$396.1M$341.1M$404.2M
Net income$1.3B$1.6B−$998.4M−$3.0B$1.3B
EPS, diluted$5.80$7.21$-4.55$-14.05$5.94
Diluted shares229.0M224.1M219.5M215.9M206.3M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$984.9M$642.8M$425.2M$1.3B$717.8M
Receivables$0$0$0$0$0
Inventory$4.4B$5.4B$2.5B$2.7B$2.5B
Total current assets$5.6B$6.4B$6.1B$9.1B$3.4B
PP&E, net$10.9B$11.4B$7.5B$8.6B$9.4B
Goodwill & intangibles$5.1B$5.1B$423.3M$421.2M$423.2M
Total assets$21.7B$23.0B$22.0B$18.6B$13.5B
Accounts payable$1.9B$1.9B$1.2B$1.7B$1.5B
Total current liabilities$4.2B$4.2B$4.7B$8.6B$3.2B
Long-term debt$3.4B$3.4B$3.4B$2.4B$3.6B
Total liabilities$14.0B$14.3B$14.7B$14.7B$9.7B
Shareholders' equity$7.7B$8.8B$7.3B$4.0B$3.8B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$1.3B$1.6B−$998.4M$1.0B$1.3B
Depreciation & amortization$716.0M$767.9M$841.0M$526.9M$648.1M
Stock-based compensation$79.9M$110.4M$96.7M$106.9M$58.9M
Change in working capital−$733.0M−$1.1B$452.6M$395.6M$63.8M
Operating cash flow$1.4B$1.6B$2.7B$2.9B$2.5B
Capital expenditure−$1.0B−$1.3B−$2.1B−$1.3B−$1.1B
Free cash flow$408.7M$361.0M$576.9M$1.6B$1.4B
Investing cash flow−$1.0B−$1.3B−$2.1B−$1.7B−$728.5M
Net debt issued / repaid$197.4M$0$0$0−$1.0B
Buybacks−$950.0M−$647.5M−$500.0M−$400.0M−$1.5B
Dividends paid$0$0$0$0$0

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin29.4%31.5%30.5%32.9%36.4%
Operating margin6.9%7.9%-2.9%6.0%8.2%
Net margin5.0%5.7%-3.3%-12.6%6.6%
FCF margin1.6%1.3%1.9%6.5%7.2%
ROE17.7%19.6%-12.4%-53.7%33.2%
ROIC8.8%9.4%-4.9%10.3%15.7%
ROA6.3%7.2%-4.4%-14.9%8.0%
Debt / equity1.291.161.011.971.23
Interest coverage10.1x17.8xn/m13.5x20.1x
Current ratio1.341.511.311.061.07
Revenue growth+3.2%+7.6%+8.0%−21.2%−19.5%
EPS growth+3.2%+24.1%−162.9%−207.2%+145.6%
P/E at year end21.9x20.7xn/mn/m18.3x
EV / EBITDA at year end15.1x14.3xn/m10.1x10.8x
FCF yield at year end1.41%1.08%1.91%9.90%5.96%
Dividend payout0.0%0.0%——0.0%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Dollar Tree$13.9B$15.4B$16.8B$17.6B$19.4B
Family Dollar$12.4B$12.9B$13.8B——

Street estimates by fiscal year

Next report 2026-12-02 · consensus EPS $0.95 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$19.4B$19.4B – $19.5B$5.76$5.69 – $5.831821.6x
2026$19.4B$19.4B – $19.5B$5.77$5.70 – $5.841421.5x
2027$20.7B$20.6B – $20.7B$7.90$7.00 – $8.121715.7x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-27$1.15$2.70+134.8%$4.9B$4.9B+0.6%
2026-03-16$2.53$2.56+1.2%$5.5B$5.5B−0.2%
2025-12-03$1.09$1.21+11.0%$4.7B$4.8B+1.1%
2025-09-03$0.42$0.77+84.8%$4.5B$4.6B+2.0%
2025-06-04$1.21$1.26+4.1%$4.5B$4.6B+2.3%
2025-03-26$2.20$2.11−4.1%$8.2B$5.0B−39.3%
2024-12-04$1.07$1.12+4.7%$7.4B$7.6B+1.6%
2024-09-04$1.04$0.67−35.6%$7.5B$7.4B−1.5%
2024-06-05$1.42$1.43+0.7%$7.6B$4.2B−45.4%
2024-03-13$2.66$2.55−4.1%$8.7B$8.6B−0.3%
2023-11-29$1.01$1.02+1.0%$7.4B$7.3B−1.2%
2023-08-24$0.87$0.91+4.6%$7.2B$7.3B+2.0%
2023-05-25$1.52$1.47−3.3%$7.3B$7.3B+0.6%
2023-03-01$2.02$2.04+1.0%$7.6B$7.7B+1.5%
2022-11-22$1.18$1.20+1.7%$6.8B$6.9B+1.4%
2022-08-25$1.59$1.60+0.6%$6.8B$6.8B−0.3%
2022-05-26$2.00$2.37+18.5%$6.8B$6.9B+2.1%
2022-03-02$1.77$2.01+13.6%$7.1B$7.1B−0.6%
2021-11-23$0.96$0.960.0%$7.1B$6.4B−9.7%
2021-08-26$1.00$1.23+23.0%$6.4B$6.3B−1.1%
2021-05-27$1.40$1.60+14.3%$6.4B$6.5B+1.7%
2021-03-03$2.11$2.13+0.9%$6.8B$6.8B−0.2%
2020-11-24$1.15$1.39+20.9%$4.9B$6.2B+26.4%
2020-08-27$0.92$1.10+19.6%$5.3B$6.3B+19.6%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.306-150.606-220.506-290.507-060.607-130.507-200.407-270.308-030.308-100.408-170.608-240.308-31
Week ofNotionalSharesTrades
2026-08-31$313.5M2,420,44871,784
2026-08-24$636.9M4,868,23995,464
2026-08-17$401.9M3,081,71883,781
2026-08-10$349.8M2,705,54068,428
2026-08-03$331.0M2,550,83666,627
2026-07-27$370.0M2,917,73570,192

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1575.9%
DateShort shareShort volumeTotal volume
2026-10-1575.9%538,835709,572
2026-10-1463.7%440,097690,925
2026-10-1367.9%275,853406,057
2026-10-1260.2%335,063556,545
2026-10-0962.5%298,863478,227
2026-10-0876.3%555,275727,372
2026-10-0769.2%415,735600,431
2026-10-0661.7%722,8311,171,915
2026-10-0567.3%613,267911,527
2026-10-0272.8%470,565646,559
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-0.8Jan+2.0Feb+2.6Mar+1.4Apr+2.1May+0.6Jun+1.7Jul-2.3Aug-0.5Sep+1.1Oct+5.2Nov+1.4Dec
MonthAvg returnUp yearsYears
Jan−0.8%55%20
Feb+2.0%55%20
Mar+2.6%67%21
Apr+1.4%60%20
May+2.1%60%20
Jun+0.6%70%20
Jul+1.7%55%20
Aug−2.3%45%20
Sep−0.5%50%20
Oct+1.1%50%20
Nov+5.2%75%20
Dec+1.4%70%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1461.5
MFI57.1
ADX21.2
Stochastic %K / %D87.8 / 81.9
Williams %R-17.8
CCI208
TSI / signal2.7 / -10.8
Chaikin money flow-0.07
ATR$3.81
Bollinger width12.3%
Volume vs 20-day avg1.01x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$116.26 (+6.8%)
SMA 50$122.28 (+1.6%)
SMA 200$116.97 (+6.2%)
EMA 21$118.53 (+4.8%)
EMA 50$119.69 (+3.8%)
EMA 200$115.65 (+7.4%)
Bollinger upper$123.40 (+0.6%)
Bollinger lower$109.12 (+13.8%)
Parabolic SAR$114.88 (+8.1%)
Open the live chart, 110+ indicators

About Dollar Tree, Inc.

Dollar Tree, Inc. (DLTR) operates as a leading discount retailer, managing its extensive operations through two principal divisions: Dollar Tree and Family Dollar. The Dollar Tree segment distinguishes itself by offering all its merchandise at a consistent price of $1.25. Its product range is broad, encompassing essential consumables like confectionery, various food items, health and personal care products, household cleaning chemicals, paper goods, and frozen or refrigerated foods. Beyond these daily necessities, customers can find a diverse selection of general merchandise, including toys, resilient housewares, gifts, stationery, party essentials, greeting cards, softline apparel, and arts and crafts supplies. The segment also prominently features seasonal items for holidays such as Christmas, Easter, Halloween, and Valentine's Day. By January 29, 2022, this division maintained a substantial presence with 8,061 retail locations across its Dollar Tree and Dollar Tree Canada brands, supported by 15 distribution centers in the U.S. and an additional two in Canada. Conversely, the Family Dollar segment functions as a general merchandise discount chain with varying prices. Its inventory is comprehensive, covering a wide array of consumable goods such as groceries, beverages, tobacco, personal care and health products, household chemicals, paper products, hardware, automotive accessories, diapers, batteries, and pet food and supplies. Additionally, the segment provides home products, which include housewares, home décor, giftware, and domestics like bedding and towels. Shoppers can also find apparel and accessories, encompassing clothing, fashion items, and footwear. Seasonal and electronics merchandise, ranging from holiday-specific goods to pre-paid cellular phones and services, along with stationery, school supplies, and toys, are also key offerings. As of January 29, 2022, the Family Dollar brand operated 8,016 stores and was supported by 11 distribution centers. Founded in 1986, Dollar Tree, Inc. is headquartered in Chesapeake, Virginia.

https://www.dollartree.com

Key executives

NameTitlePayBorn
Michael C. Creedon Jr.Chief Executive Officer & Director$5.3M1976
Stewart F. GlendinningChief Financial Officer$2.9M1965
Robert AflatooniChief Information Officer$1.9M1971
Steve SchumacherChief People Officer$1.7M1972
H. Ray ComptonCo-Founder$77,5001943
Daniel DelrosarioSenior VP of Investor Relations & Treasurer——
Jennifer L. SilbermanChief Sustainability & Corporate Affairs Officer——
John S. Mitchell Jr.Chief Legal Officer & Corporate Secretary—1970

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Michael C. Creedon, Jr. Chief Executive Officer2025$1.3M$9.4M$3.2M$14.8M
Stewart Glendinning Chief Financial Officer2025$1.1M$5.1M$1.5M$8.0M
Richard McNeely Former Chief Merchandising Officer2025$951,523$2.4M$1.6M$5.0M
Robert Aflatooni Chief Information Officer2025$691,154$2.4M$959,378$4.3M
Steven Schumacher Chief People Officer2025$580,769$1.8M$828,240$3.6M
Jeffrey Davis Former Chief Financial Officer (through March 30, 2025)2025$222,307$0$0$2.1M

Employees

57k201957k2020199k2021210k2022208k2023212k202464k2025150k2026

Dividends

Ex-dateAmountPaid
None on file.

Moat model

Weak · Efficient Scale · 2026-08-01
Cost advantage32
Intangibles76
Switching costs30
Network effect40
Efficient scale80
Our component scores (0-100) and overall 50.9; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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