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MARKETS / NASDAQ / DLTR
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
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-2B2008201120142017202020232025
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%
+9.1%
3 yrs
5 yrs
10 yrs
15 yrs

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

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%2008201120142017202020232025
ROE
FY2025 · ROE 33.2%
20%40%-20%-40%2008201120142017202020232025

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
0.8B1.6B2008201120142017202020232025
Net buybacks $B Dividends $B
FY2025 · Dividends — · Net buybacks 1.5
0.8B200820102012201420172019202120232025

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
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 %··················
ROE %33.2−53.7−12.419.617.719.813.9−24.827.316.6···46.134.827.522.4·
Shares out B0.200.220.220.220.230.230.240.240.240.240.230.210.210.220.230.120.13·

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

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 88 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 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. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityRetail-Variety Stores
Listed onNASDAQ
Incorporated inVirginia
Fiscal year endsJanuary 30
Data on record since2008

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