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Nasdaq · Consumer Staples

Dollar Tree, Inc. (DLTR)

As-reported financials and SEC filings for Dollar Tree, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Dollar Tree, Inc.

Dollar Tree, Inc. operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands, with approximately 9,000 stores in the United States and 275 stores in Canada. The company offers a broad range of products including consumables, variety merchandise, and seasonal goods, primarily at a $1.25 price point, with expanding multi-price offerings. Dollar Tree serves customers across various income levels, mainly in suburban locations, and supports online shopping with same-day delivery through partnerships with Instacart and Uber Eats.

Snapshot

Revenue
$19.40B
Revenue growth (YoY)
10.4%
Net income
$1.28B
Diluted EPS
$6.22
Gross margin
36.4%
Operating margin
8.5%
Net margin
6.6%
FCF margin
5.4%
ROE
34.2%
net income / fiscal-year-end equity
P/E
15.3×
trailing when available, otherwise FY EPS
Market cap
$23.44B
Long-term debt / equity
0.65×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Dollar Tree

  • Revenue grew 10.4% to $19.4B in FY2025, faster than the 4.7% the year before.
  • Operating margin is 8.5% in FY2025, +1.6 pp against 6.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $4.9B, up 7.0% from Q2 FY2025.
  • Free cash flow was $1.1B in FY2025, 5.4% of revenue.
  • Net income turned positive at $1.3B in FY2025, from a $3.0B loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Dollar Tree’s fundamentals sit among the 131 Consumer Staples companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin36.4%
58th percentile of 113
Operating margin8.5%
68th percentile of 117
Net margin6.6%
70th percentile of 121
FCF margin5.4%
55th percentile of 114
Revenue growth (YoY)+10.4%
73rd percentile of 127
ROE34.2%
94th percentile of 114
P/E15.3×
22nd percentile of 77
Long-term debt / equity0.65×
62nd percentile of 82
Short interest2.49d
31st percentile of 128

Dollar Tree’s return on equity of 34.2% ranks in the 94th percentile of the 114 Consumer Staples companies reporting it.

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $470,817. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
6
0 new, 6 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$686.6M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$303.9M2.5MAdded
AQR Capital ManagementquantQ2 2026$156.6M1.3MReduced
Millennium ManagementquantQ2 2026$82.4M681.4KAdded
Gotham Asset ManagementQ2 2026$59.2M489.8KAdded
Bridgewater AssociatesQ2 2026$38.2M315.9KAdded
D. E. ShawquantQ2 2026$23.7M196.3KAdded
Renaissance TechnologiesquantQ2 2026$20.6M170.4KAdded
Two Sigma InvestmentsquantQ2 2026$1.9M15.5KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
2
$471K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-04
Stephanie StahlDirectorSell1.2K$131.47$156K
2026-08-31
filed 2026-09-01
Robert AflatooniChief Information OfficerSell2.5K$126.01$315K
2026-06-24
filed 2026-06-25
Mantle Ridge LPInsiderSell2.2M$111.31$248.3M

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.2M
settled 2026-09-30
Change vs prior
+0.6%
vs previous settlement
Days to cover
2.49
at avg daily volume
Avg daily volume
2.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-307.2M+0.6%2.49
2026-09-157.2M-2.8%2.73
2026-08-317.4M-4.7%2.71
2026-08-147.8M-21.8%4.30
2026-07-319.9M-11.3%3.78
2026-07-1511.2M-27.6%3.75
2026-06-3015.5M+13.1%3.42
2026-06-1513.7M+10.1%4.88

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$19.40B$17.57B$16.77B$15.41B$26.31B
Gross profit
Operating income$1.65B$1.46B$1.77B$2.10B$1.81B
Pre-tax income$1.63B$1.38B$1.66B$1.97B$1.63B
Net income$1.28B$-3.03B$-998.4M$1.62B$1.33B
Diluted EPS$6.22$-14.03$-4.54$7.21$5.80

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$2.19B$2.19B$2.40B$1.42B$1.43B
Capital expenditure$1.13B$1.30B$1.19B$639.0M$1.02B
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$4.89B7.0%$514.5M$2.70
Q1 FY2026$4.97B7.2%$347.3M$1.76
Q4 FY20259.0%
Q3 FY2025$4.75B9.4%$244.6M$1.20
Q2 FY2025$4.57B12.3%$188.4M$0.91
Q1 FY2025$4.64B11.3%$343.4M$1.61
Q4 FY2024—
Q3 FY2024$4.34B8.3%$233.3M$1.08

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorConsumer Staples
SIC industryRetail-Variety Stores
Latest annual periodFY2025 (ended January 31, 2026)
Latest reported quarterQ2 FY2026 (ended August 1, 2026)
Oldest indexed filing2018
SEC CIK935703

Selected SEC filings

10-K2026-03-16
View on EDGAR →
10-K2025-03-26
View on EDGAR →
10-Q2026-08-27
View on EDGAR →
10-Q2026-05-28
View on EDGAR →
10-Q2025-12-03
View on EDGAR →
10-Q2025-09-03
View on EDGAR →
8-K2026-09-25
View on EDGAR →
8-K2026-08-27
View on EDGAR →

Largest Consumer Staples peers

All Consumer Staples companies →

DLTR head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.