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We are a leading operator of retail discount stores operating under the brand names of Dollar Tree and Dollar Tree Canada. At January 31, 2026, we operated approximately 9,000 stores across 48 states and the District of Columbia and approximately 275 stores across seven Canadian provinces.
Operating margin is thin at 8.52%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 10.4%, still solid.
Net debt of $6.34B represents 6.0x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$19.75B
▲ +10.4% YoY
Net Income (TTM)
$1.29B
▲ +142.3% YoY
Op. Margin
8.82%
▲ +0.2pp YoY
ROIC
12.12%
▲ +3.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.32B
▲ +18.4% YoY
Op. Cash Flow (TTM)
$2.46B
▼ -0.1% YoY
Net Debt
$6.59B
Cash & Equiv.
$1.01B
5Y CAGR: -5.3%
5Y CAGR: -10.3%
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