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NASDAQ · RETAIL-VARIETY STORES · LARGE CAP

Dollar Tree, Inc. DLTR

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$19.4B
▲ 10.4% YoY
$1.3B
$1.1B
▲ 18.4% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company operates retail discount stores under the brand names Dollar Tree and Dollar Tree Canada, with approximately 9,000 stores across 48 states and the District of Columbia and approximately 275 stores across seven Canadian provinces at January 31, 2026. Its stores carry a merchandise mix of consumable products, such as household paper and chemicals, food, candy, and health and personal care products, and discretionary merchandise that includes variety items such as toys, housewares, gifts and stationery, and seasonal goods such as Christmas, Easter, Halloween and Valentine's Day merchandise. In its Dollar Tree Canada stores, the company generally sells items for $1.75 (CAD) or less. Historically and in fiscal 2025, no merchandise vendor accounted for more than 10% of total merchandise purchased by the company. The company sources approximately 40% of its total retail value purchases through direct imports, with China as the source of a majority of those imports. It operates 16 distribution centers in the United States, while distribution services in Canada are provided by a third party from two facilities, one in British Columbia and one in Ontario, with stores receiving approximately 90% of their inventory from the distribution centers. As of January 31, 2026, the company employed a total of 153,032 associates, comprising 35,181 full-time and 117,851 part-time associates.

Written from the business description in DOLLAR TREE, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth

USD 19.4B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 19.4 · Net income 1.3
10B20B-2B-3B
2008201120142017202020232025
Compound annual growth
+8.0%
−5.3%
+2.3%
+8.3%
−7.4%
−0.9%
+16.3%
+8.1%
−4.8%
+1.9%
+17.3%
+33.7%
+31.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −5.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.5% · Net 6.6%
5%10%-5%-10%-15%
200820162025
ROE
FY2025 · ROE 33.2%
20%40%-20%-40%
200820162025
Three returns, three denominators.

Each USD of equity produced 33 cents of profit this year.

Cash & shareholders

USD 1.5B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.1
1B2B
200820162025
Net buybacks $B Dividends $B
FY2025 · Dividends · · Net buybacks 1.5
1B2B
200820102012201420172019202120232025

USD 1.5B in buybacks — 121% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 13.5B
EquityUSD 3.8B
CashUSD 717.8M
Gross debtUSD 2.4B
Net debtUSD 1.7B
Current ratio1.07×

Net debt stands at 46% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
DLTR, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B19.417.616.815.426.325.523.622.822.220.715.58.67.87.46.65.95.24.6
Operating income $B1.71.51.82.11.81.91.3−0.92.01.71.01.01.00.90.80.60.50.4
EBITDA $B2.32.02.22.52.52.61.9−0.32.62.31.51.21.21.10.90.80.70.5
Income tax $B0.40.30.40.50.30.40.30.3−0.00.40.20.40.40.40.30.20.20.1
Net income $B1.3−3.0−1.01.61.31.30.8−1.61.70.90.30.60.60.60.50.40.30.2
Free cash flow $B1.10.91.20.80.41.80.80.90.91.10.30.60.50.40.40.30.40.3
EPS, diluted $6.22−14.03−4.547.215.805.653.47−6.697.213.781.262.902.722.682.011.552.371.69
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————————————
ROE %33.2−53.7−12.419.617.719.813.9−24.827.318.39.140.542.141.134.827.523.918.3
Shares out B0.200.220.220.220.230.230.240.240.240.240.230.210.210.220.120.120.13◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergence in 88 reconciliationsAUDITED

Reconciled in 17 of the 18 fiscal years we could check. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures1 divergent
ActivityRetail-Variety Stores
Listed onNASDAQ
Incorporated inVirginia
Fiscal year endsJanuary 30
Data on record since2008

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