DLTR vs WMT
Dollar Tree, Inc. and Walmart Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DLTR | WMT |
|---|---|---|
| Revenue | $19.4B | $713.2B |
| Net income | $1.3B | $21.9B |
| Gross margin | 36.3% | 24.9% |
| Net margin | 6.6% | 3.1% |
| Return on equity | 33.2% | 23.0% |
| Diluted EPS | $6.22 | $2.73 |
| Dividend / share | · | $0.94 |
| Payout ratio | · | 34.3% |
| Free cash flow | $1.1B | $14.9B |
| Equity | $3.8B | $99.6B |
| Net debt / equity | 0.46× | 0.28× |
| Current ratio | 1.07× | 0.79× |
| Revenue CAGR 5y | −5.3% | 5.0% |
| Profit CAGR 5y | −0.9% | 10.1% |
WMT bills 36.7× the revenue of DLTR, and DLTR keeps more of each dollar of revenue as profit (6.6% against 3.1%).
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 | WMT |
|---|---|---|
| FY2025 | $19.4B | $713.2B |
| FY2024 | $17.6B | $681.0B |
| FY2023 | $16.8B | $648.1B |
| FY2022 | $15.4B | $611.3B |
| FY2021 | $26.3B | $572.8B |
| FY2020 | $25.5B | $559.2B |
| FY2019 | $23.6B | $524.0B |
| FY2018 | $22.8B | $514.4B |
| FY2017 | $22.2B | $500.3B |
| FY2016 | $20.7B | $485.9B |
Bottom line
| Fiscal year | DLTR | WMT |
|---|---|---|
| FY2025 | $1.3B | $21.9B |
| FY2024 | $-3.0B | $19.4B |
| FY2023 | $-998.4M | $15.5B |
| FY2022 | $1.6B | $11.7B |
| FY2021 | $1.3B | $13.7B |
| FY2020 | $1.3B | $13.5B |
| FY2019 | $827.0M | $14.9B |
| FY2018 | $-1.6B | $6.7B |
| FY2017 | $1.7B | $9.9B |
| FY2016 | $896.2M | $13.6B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$693,751,200,000 | WMT |
| FY2024 | −$663,406,500,000 | WMT |
| FY2023 | −$631,343,900,000 | WMT |
| FY2022 | −$595,877,500,000 | WMT |
| FY2021 | −$546,432,800,000 | WMT |
| FY2020 | −$533,641,700,000 | WMT |
| FY2019 | −$500,353,200,000 | WMT |
| FY2018 | −$491,581,700,000 | WMT |
| FY2017 | −$478,097,500,000 | WMT |
| FY2016 | −$465,153,800,000 | WMT |
| FY2015 | −$466,631,600,000 | WMT |
| FY2014 | −$477,048,800,000 | WMT |
| FY2013 | −$468,453,700,000 | WMT |
| FY2012 | −$461,256,500,000 | WMT |
| FY2011 | −$439,878,500,000 | WMT |
| FY2010 | −$415,966,600,000 | WMT |
| FY2009 | −$402,853,800,000 | WMT |
| FY2008 | −$399,609,100,000 | WMT |
WMT has reported the higher revenue in every one of these 18 fiscal years. The gap has widened 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 | +3.5 pp | DLTR |
| FY2024 | −20.2 pp | WMT |
| FY2023 | −8.5 pp | WMT |
| FY2022 | +8.6 pp | DLTR |
| FY2021 | +2.6 pp | DLTR |
| FY2020 | +2.8 pp | DLTR |
| FY2019 | +0.6 pp | DLTR |
| FY2018 | −8.4 pp | WMT |
| FY2017 | +5.6 pp | DLTR |
| FY2016 | +1.4 pp | DLTR |
| FY2015 | −1.3 pp | WMT |
| FY2014 | +3.4 pp | DLTR |
| FY2013 | +4.1 pp | DLTR |
| FY2012 | +4.6 pp | DLTR |
| FY2011 | +3.7 pp | DLTR |
| FY2010 | +2.7 pp | DLTR |
| FY2009 | +2.5 pp | DLTR |
| FY2008 | +1.5 pp | DLTR |
The higher net margin has changed hands between DLTR and WMT over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DLTR's net margin has been more volatile than WMT's over the 18 comparable fiscal years — 6.7 percentage points of standard deviation against 0.7.
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 WMT over these 18 fiscal years — DLTR led in 14 and WMT in 4.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DLTR's return on equity has been more volatile than WMT's over the 18 comparable fiscal years — 23.9 percentage points of standard deviation against 3.8.
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 WMT over these 18 fiscal years — DLTR led in 12 and WMT in 6.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.