Dollar Tree Inc.
DLTRFinancial Snapshot
ticker: DLTR step: 04 generated: 2026-05-12 source: quick-research
Dollar Tree (DLTR) — Financial Snapshot
Income Statement Summary (Continuing Operations — Dollar Tree Segment)
| Metric | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|
| Revenue | ~$15.3B | ~$16.8B | $17.6B | +4.7% |
| Gross Margin | ~34.8% | ~35.2% | ~35.8% | +0.6pp |
| Operating Margin | ~7.5% | ~8.3% | ~8.5% | +0.2pp |
| Net Income (adj.) | ~$1.15B | ~$1.10B | ~$1.05B | ~-5% |
| EPS (adj. diluted) | ~$5.28 | ~$5.00 | ~$4.90 | ~-2% |
Note: Dollar Tree fiscal years end in late January/early February. FY2025 = ended February 2026. Figures above reflect continuing operations (Dollar Tree segment); Family Dollar is classified as discontinued. GAAP net income was deeply negative in FY2024 due to goodwill impairment charges on the Family Dollar segment ($1.07B). Adjusted EPS is the relevant metric for the continuing business.
Cash Flow & Balance Sheet (FY2024 Continuing Operations)
| Metric | Value |
|---|---|
| Operating Cash Flow | ~$1.8B |
| Free Cash Flow | ~$893M |
| Cash & Equivalents | ~$700M |
| Total Debt | ~$5.5B |
Key Ratios (approximate)
- P/E: ~20x (adjusted, FY2025) | EV/EBITDA: ~10x | FCF Yield: ~4.5%
- Revenue Growth (FY2025): +4.7% | FCF Margin: ~5%
- Dividend Yield: ~nil (no regular dividend; buybacks primary)
Growth Profile
Dollar Tree's continuing business (excluding Family Dollar) has delivered consistent low-to-mid single-digit same-store sales growth, bolstered by the Dollar Tree 3.0 multi-price format rollout (~5,300 stores converted by end of FY2025, ~2,400 converted in FY2025 alone). Same-store sales accelerated to +6.5% in Q2 FY2026, driven by higher ticket from multi-price assortment and new higher-income household acquisition. The company is opening 300–400 net new stores annually. Post-Family Dollar sale, the business will be simpler, more focused, and structurally higher-margin.
Forward Estimates
- FY2026E Revenue: ~$19.4B (full year with discontinuation adjustment; or ~$18B+ on a clean continuing basis)
- FY2026E: Comparable sales growth expected in 4–7% range; operating margin expansion toward 9–10% as multi-price scales
- Post-Family Dollar: Management targets improved margins, capital returns, and a "one company, one brand" growth story
Deeper Financial Analysis
The fundamental tier adds 9 additional research dimensions for $DLTR.