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Dollar Tree DLTR Operating margin

Operating margin at other companies

Target logo
TargetTGT
4.5%-0.9pp
Dollar General logo
Dollar GeneralDG
5.3%+1.0pp
Walmart
 logo
Walmart WMT
4.2%-0.2pp
Costco Wholesale logo
Costco WholesaleCOST
3.8%+0.1pp
Amazon logo
AmazonAMZN
11.5%+0.5pp
Church & Dwight logo
Church & DwightCHD
17.3%+4.2pp

Other financials

Income statement

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Revenue$5.0B+7.2%
Gross profit$1.8B+11.0%
Operating income$473.3M+23.2%
Net income$347.3M+1.1%
EPS (diluted)$1.76+9.3%

Balance sheet

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Cash & equivalents$1.0B-23.2%
Total debt$7.6B+9.9%
Total equity$3.5B-10.2%
Total assets$13.8B-24.4%

Cash flow

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Operating cash flow$644.0M+70.2%
CapEx$252.5M+1.5%
Free cash flow$391.5M+202%

Valuation

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Market cap$20.45B+9.7%
Enterprise value$27.04B+11.6%
P/E15.9×
P/S0.0×

Profitability

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Gross margin36.7%+0.9pp
Net margin6.5%+3.8pp

Returns & leverage

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Return on equity34.7%+21.6pp
Debt / equity2.2×+0.4×
Current ratio1.2×+0.1×

Where this comes from

Calculated from Dollar Tree’s reported figures.

Based on trailing twelve months.

The official record: Dollar Tree’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dollar Tree's operating margin?
Dollar Tree (DLTR) reported operating margin of 8.8% in Q1 2026.
How has Dollar Tree's operating margin changed year-over-year?
Dollar Tree's operating margin increased by 8.7% year-over-year, from 8.1% to 8.8%.
What is the long-term trend for Dollar Tree's operating margin?
Over 2 years (2021 to 2025), Dollar Tree's operating margin has grown at a 3.7% compound annual growth rate (CAGR), from 30.2% to 32.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.