DLTR vs M
Dollar Tree, Inc. and Macy's, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DLTR | M |
|---|---|---|
| Revenue | $19.4B | $22.6B |
| Net income | $1.3B | $642.0M |
| Gross margin | 36.3% | 40.3% |
| Net margin | 6.6% | 2.8% |
| Return on equity | 33.2% | 13.6% |
| Diluted EPS | $6.22 | $2.32 |
| Dividend / share | · | $0.73 |
| Payout ratio | · | 30.7% |
| Free cash flow | $1.1B | $1.1B |
| Equity | $3.8B | $4.9B |
| Net debt / equity | 0.46× | 0.24× |
| Current ratio | 1.07× | 1.49× |
| Revenue CAGR 5y | −5.3% | 5.5% |
| Profit CAGR 5y | −0.9% | · |
M bills 1.2× the revenue of DLTR, and DLTR keeps more of each dollar of revenue as profit (6.6% against 2.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | DLTR | M |
|---|---|---|
| FY2025 | $19.4B | $22.6B |
| FY2024 | $17.6B | $23.0B |
| FY2023 | $16.8B | $23.9B |
| FY2022 | $15.4B | $25.4B |
| FY2021 | $26.3B | $25.4B |
| FY2020 | $25.5B | $17.3B |
| FY2019 | $23.6B | $24.6B |
| FY2018 | $22.8B | $25.0B |
| FY2017 | $22.2B | $24.9B |
| FY2016 | $20.7B | $25.9B |
Bottom line
| Fiscal year | DLTR | M |
|---|---|---|
| FY2025 | $1.3B | $642.0M |
| FY2024 | $-3.0B | $582.0M |
| FY2023 | $-998.4M | $45.0M |
| FY2022 | $1.6B | $1.1B |
| FY2021 | $1.3B | $1.4B |
| FY2020 | $1.3B | $-3.9B |
| FY2019 | $827.0M | $564.0M |
| FY2018 | $-1.6B | $1.1B |
| FY2017 | $1.7B | $1.6B |
| FY2016 | $896.2M | $627.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$3,209,200,000 | M |
| FY2024 | −$5,427,500,000 | M |
| FY2023 | −$7,084,900,000 | M |
| FY2022 | −$10,037,500,000 | M |
| FY2021 | +$922,200,000 | DLTR |
| FY2020 | +$8,163,300,000 | DLTR |
| FY2019 | −$949,200,000 | M |
| FY2018 | −$2,147,700,000 | M |
| FY2017 | −$2,693,500,000 | M |
| FY2016 | −$5,188,800,000 | M |
| FY2015 | −$11,580,600,000 | M |
| FY2014 | −$19,502,800,000 | M |
| FY2013 | −$20,090,700,000 | M |
| FY2012 | −$20,291,500,000 | M |
| FY2011 | −$19,774,500,000 | M |
| FY2010 | −$19,120,600,000 | M |
| FY2009 | −$18,257,800,000 | M |
| FY2008 | −$20,247,100,000 | M |
The higher-revenue side has changed between DLTR and M over this period. The gap has narrowed since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.8 pp | DLTR |
| FY2024 | −19.8 pp | M |
| FY2023 | −6.1 pp | M |
| FY2022 | +6.0 pp | DLTR |
| FY2021 | −0.6 pp | M |
| FY2020 | +28.0 pp | DLTR |
| FY2019 | +1.2 pp | DLTR |
| FY2018 | −11.4 pp | M |
| FY2017 | +1.5 pp | DLTR |
| FY2016 | +1.9 pp | DLTR |
| FY2015 | −2.1 pp | M |
| FY2014 | +1.5 pp | DLTR |
| FY2013 | +2.3 pp | DLTR |
| FY2012 | +3.6 pp | DLTR |
| FY2011 | +2.6 pp | DLTR |
| FY2010 | +3.4 pp | DLTR |
| FY2009 | +4.7 pp | DLTR |
| FY2008 | +24.1 pp | DLTR |
The higher net margin has changed hands between DLTR and M over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
M's net margin has been more volatile than DLTR's over the 18 comparable fiscal years — 7.9 percentage points of standard deviation against 6.7.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DLTR and M over these 18 fiscal years — DLTR led in 13 and M in 5.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
M's return on equity has been more volatile than DLTR's over the 18 comparable fiscal years — 32.2 percentage points of standard deviation against 23.9.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between DLTR and M over these 18 fiscal years — DLTR led in 11 and M in 7.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.