Income Statement Dollar Tree, Inc.

Equities

DLTR

US2567461080

Discount Stores

Market Closed - Nasdaq Other stock markets 04:00:00 2024-09-13 pm EDT			5-day change	1st Jan Change
69.70 ^USD	+2.67%		+4.81%	-50.93%

Sep. 13	Overview of US food retailers
Sep. 10	Analyst recommendations: Apple, Oracle, Progressive, Dollar Tree...

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Published financial data: DOLLAR TREE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2020	2021	2022	2023	2024
Revenues	23.61B	25.51B	26.31B	28.32B	30.58B
Other Revenues, Total	-	-	11.4M	13.5M	22.2M
Total Revenues	23.61B	25.51B	26.32B	28.33B	30.6B
Cost of Goods Sold, Total	14.66B	17.68B	18.58B	19.4B	21.19B
Gross Profit	8.95B	7.82B	7.75B	8.94B	9.42B
Selling General & Admin Expenses, Total	7.37B	5.6B	5.9B	6.66B	7.62B
Provision for Bad Debts	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	48.1M	-	-	-
Other Operating Expenses, Total	7.37B	5.65B	5.9B	6.66B	7.62B
Operating Income	1.58B	2.18B	1.85B	2.28B	1.8B
Interest Expense, Total	-162M	-147M	-132M	-125M	-107M
Net Interest Expenses	-162M	-147M	-132M	-125M	-107M
Other Non Operating Income (Expenses)	-1.4M	-800K	-300K	-400K	-100K
EBT, Excl. Unusual Items	1.42B	2.03B	1.72B	2.15B	1.69B
Restructuring Charges	-	-	-	-	-594M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-313M	-	-	-	-1.07B
Asset Writedown	-9.1M	-4.6M	-4.4M	-39.9M	-958M
Legal Settlements	-	-	-	-	-56.7M
Other Unusual Items	-300K	-286M	-80M	-	-
EBT, Incl. Unusual Items	1.1B	1.74B	1.63B	2.11B	-989M
Income Tax Expense	272M	398M	304M	495M	9.7M
Earnings From Continuing Operations	827M	1.34B	1.33B	1.62B	-998M
Net Income to Company	827M	1.34B	1.33B	1.62B	-998M
Net Income - (IS)	827M	1.34B	1.33B	1.62B	-998M
Net Income to Common Incl Extra Items	827M	1.34B	1.33B	1.62B	-998M
Net Income to Common Excl. Extra Items	827M	1.34B	1.33B	1.62B	-998M
Per Share Items
Net EPS - Basic	3.49	5.68	5.83	7.24	-4.55
Basic EPS - Continuing Operations	3.49	5.68	5.83	7.24	-4.55
Basic Weighted Average Shares Outstanding	237M	236M	228M	223M	220M
Net EPS - Diluted	3.47	5.65	5.8	7.21	-4.55
Diluted EPS - Continuing Operations	3.47	5.65	5.8	7.21	-4.55
Diluted Weighted Average Shares Outstanding	238M	237M	229M	224M	220M
Normalized Basic EPS	3.74	5.37	4.71	6.02	4.81
Normalized Diluted EPS	3.73	5.35	4.69	6	4.81
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	2.23B	2.87B	2.57B	3.04B	2.64B
EBITA	1.64B	2.23B	1.89B	2.31B	1.8B
EBIT	1.58B	2.18B	1.85B	2.28B	1.8B
EBITDAR	4.14B	4.82B	4.59B	5.14B	4.82B
Total Revenues (As Reported)	-	-	26.32B	28.33B	30.6B
Effective Tax Rate - (Ratio)	24.73	22.87	18.64	23.46	-0.98
Current Domestic Taxes	263M	367M	327M	372M	268M
Current Foreign Taxes	100K	200K	100K	100K	-
Total Current Taxes	263M	367M	328M	372M	268M
Deferred Domestic Taxes	33.6M	28.8M	-26.2M	118M	-264M
Deferred Foreign Taxes	-24.6M	2M	3M	4.5M	5.9M
Total Deferred Taxes	9M	30.8M	-23.2M	123M	-259M
Normalized Net Income	888M	1.27B	1.07B	1.34B	1.06B
Interest Capitalized	2.4M	3.2M	1.1M	3.8M	5.9M
Supplemental Operating Expense Items
Advertising Expense	103M	80.8M	93.9M	99.5M	110M
Selling and Marketing Expenses	103M	80.8M	93.9M	99.5M	110M
Net Rental Expense, Total	1.91B	1.95B	2.03B	2.09B	2.18B
Imputed Operating Lease Interest Expense	351M	239M	221M	215M	192M
Imputed Operating Lease Depreciation	1.56B	1.71B	1.81B	1.88B	1.99B
Stock-Based Comp., COGS (Total)	12.9M	15.4M	18.3M	19.7M	22.4M
Stock-Based Comp., SG&A Exp. (Total)	48.5M	68.5M	61.6M	90.7M	74.3M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	61.4M	83.9M	79.9M	110M	96.7M

Fiscal Period: February	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	539M	1.42B	985M	643M	685M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	539M	1.42B	985M	643M	685M
Accounts Receivable, Total	113M	-	-	-	-
Other Receivables	-	-	-	-	-
Total Receivables	113M	-	-	-	-
Inventory	3.52B	3.43B	4.37B	5.45B	5.11B
Prepaid Expenses	-	-	-	-	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	94.9M	207M	257M	275M	335M
Total Current Assets	4.27B	5.05B	5.61B	6.37B	6.13B
Gross Property Plant And Equipment	14.3B	15.21B	16.27B	17.46B	19.26B
Accumulated Depreciation	-4.19B	-4.76B	-5.36B	-6.03B	-6.63B
Net Property Plant And Equipment	10.11B	10.44B	10.9B	11.43B	12.63B
Goodwill	1.98B	1.98B	1.98B	1.98B	914M
Other Intangibles, Total	3.1B	3.1B	3.1B	3.1B	2.15B
Deferred Tax Assets Long-Term	24.4M	23.2M	20.3M	15M	9M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	90.7M	97.2M	105M	127M	186M
Total Assets	19.57B	20.7B	21.72B	23.02B	22.02B
Liabilities
Accounts Payable, Total	1.34B	1.48B	1.88B	1.9B	2.06B
Accrued Expenses, Total	398M	611M	586M	529M	683M
Current Portion of Long-Term Debt	250M	-	-	-	-
Current Portion of Leases	1.28B	1.35B	1.41B	1.45B	1.51B
Current Income Taxes Payable	62.7M	86.3M	82.6M	58.1M	52.7M
Other Current Liabilities	220M	204M	216M	289M	384M
Total Current Liabilities	3.55B	3.73B	4.18B	4.23B	4.7B
Long-Term Debt	3.52B	3.23B	3.42B	3.42B	3.43B
Long-Term Leases	4.98B	5.07B	5.15B	5.26B	5.45B
Deferred Tax Liability Non Current	985M	1.01B	987M	1.11B	841M
Other Non Current Liabilities	287M	375M	277M	263M	299M
Total Liabilities	13.32B	13.41B	14B	14.27B	14.71B
Common Stock, Total	2.4M	2.3M	2.2M	2.2M	2.2M
Additional Paid In Capital	2.45B	2.14B	1.24B	668M	230M
Retained Earnings	3.84B	5.18B	6.51B	8.12B	7.12B
Comprehensive Income and Other	-39.8M	-35.2M	-35.2M	-41.2M	-43.6M
Total Common Equity	6.25B	7.29B	7.72B	8.75B	7.31B
Total Equity	6.25B	7.29B	7.72B	8.75B	7.31B
Total Liabilities And Equity	19.57B	20.7B	21.72B	23.02B	22.02B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	237M	233M	225M	221M	218M
ECS Total Common Shares Outstanding	237M	233M	225M	221M	218M
Book Value / Share	26.42	31.22	34.29	39.56	33.56
Tangible Book Value	1.17B	2.2B	2.63B	3.67B	4.25B
Tangible Book Value Per Share	4.95	9.43	11.7	16.58	19.5
Total Debt	10.03B	9.64B	9.97B	10.13B	10.39B
Net Debt	9.49B	8.22B	8.99B	9.48B	9.7B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	15.29B	15.62B	16.21B	16.74B	17.47B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	3.52B	3.43B	4.37B	5.45B	5.11B
Land - (BS)	234M	239M	240M	243M	248M
Buildings, Total	1.4B	1.52B	1.57B	1.63B	1.8B
Machinery, Total	3.81B	4.23B	4.7B	5.26B	5.9B
Full Time Employees	56.9K	60.22K	61.89K	65.02K	65.89K
Part Time Employees	136K	139K	149K	143K	146K

Fiscal Period: February	2020	2021	2022	2023	2024
Net Income	827M	1.34B	1.33B	1.62B	-998M
Depreciation & Amortization - CF	592M	638M	678M	738M	841M
Amortization of Goodwill and Intangible Assets - (CF)	52.9M	48.1M	38.5M	29.9M	-
Depreciation & Amortization, Total	645M	687M	716M	768M	841M
Amortization of Deferred Charges, Total - (CF)	6.9M	4M	8.9M	4.6M	-
Asset Writedown & Restructuring Costs	313M	-	-	-	2.53B
Stock-Based Compensation (CF)	61.4M	83.9M	79.9M	110M	96.7M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	33.6M	49.7M	31.8M	182M	-238M
Change In Inventories	13.6M	97.1M	-940M	-1.09B	336M
Change In Accounts Payable	-79.8M	143M	404M	16.8M	164M
Change In Income Taxes	2.7M	23.6M	-3.7M	-24.5M	-5.5M
Change in Other Net Operating Assets	46M	287M	-193M	27.5M	-41.9M
Cash from Operations	1.87B	2.72B	1.43B	1.61B	2.68B
Capital Expenditure	-1.03B	-899M	-1.02B	-1.25B	-2.1B
Sale of Property, Plant, and Equipment	-	9.1M	-	-	-
Cash Acquisitions	-	-	-	-	-
Other Investing Activities, Total	14.6M	-	1.3M	-5M	-6.3M
Cash from Investing	-1.02B	-890M	-1.02B	-1.25B	-2.11B
Short Term Debt Issued, Total	-	750M	-	555M	1.07B
Long-Term Debt Issued, Total	-	-	1.2B	-	-
Total Debt Issued	-	750M	1.2B	555M	1.07B
Short Term Debt Repaid, Total	-	-750M	-	-555M	-1.07B
Long-Term Debt Repaid, Total	-500M	-550M	-1B	-	-
Total Debt Repaid	-500M	-1.3B	-1B	-555M	-1.07B
Issuance of Common Stock	15.2M	17M	17.8M	9.3M	10M
Repurchase of Common Stock	-225M	-417M	-992M	-696M	-540M
Other Financing Activities, Total	-	-	-59.3M	-	-
Cash from Financing	-710M	-950M	-836M	-687M	-530M
Foreign Exchange Rate Adjustments	-500K	900K	-400K	-1.2M	-1M
Net Change in Cash	139M	878M	-425M	-327M	45.9M
Supplemental Items
Cash Interest Paid	170M	153M	176M	132M	131M
Cash Income Tax Paid (Refund)	267M	358M	363M	401M	274M
Levered Free Cash Flow	630M	1.61B	253M	-115M	577M
Unlevered Free Cash Flow	725M	1.69B	327M	-41.08M	643M
Change In Net Working Capital	-62.5M	-461M	604M	1.09B	-685M
Net Debt Issued / Repaid	-500M	-550M	197M	0	0

Fiscal Period: February	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.99	6.76	5.45	6.36	4.98
Return on Total Capital	7.56	8.2	6.68	7.78	6.14
Return On Equity %	13.9	19.82	17.7	19.62	-12.43
Return on Common Equity	13.9	19.82	17.7	19.62	-12.43
Margin Analysis
Gross Profit Margin %	37.91	30.67	29.43	31.54	30.77
SG&A Margin	31.2	21.94	22.4	23.5	24.91
EBITDA Margin %	9.44	11.23	9.75	10.74	8.62
EBITA Margin %	6.93	8.73	7.17	8.14	5.87
EBIT Margin %	6.71	8.54	7.03	8.03	5.87
Income From Continuing Operations Margin %	3.5	5.26	5.04	5.7	-3.26
Net Income Margin %	3.5	5.26	5.04	5.7	-3.26
Net Avail. For Common Margin %	3.5	5.26	5.04	5.7	-3.26
Normalized Net Income Margin	3.76	4.98	4.08	4.74	3.45
Levered Free Cash Flow Margin	2.67	6.3	0.96	-0.41	1.88
Unlevered Free Cash Flow Margin	3.07	6.64	1.24	-0.14	2.1
Asset Turnover
Asset Turnover	1.43	1.27	1.24	1.27	1.36
Fixed Assets Turnover	3.48	2.48	2.47	2.54	2.54
Receivables Turnover (Average Receivables)	220.46	-	-	-	-
Inventory Turnover (Average Inventory)	4.15	5.09	4.77	3.95	4.01
Short Term Liquidity
Current Ratio	1.2	1.35	1.34	1.51	1.31
Quick Ratio	0.18	0.38	0.24	0.15	0.15
Operating Cash Flow to Current Liabilities	0.53	0.73	0.34	0.38	0.57
Days Sales Outstanding (Average Receivables)	1.65	-	-	-	-
Days Outstanding Inventory (Average Inventory)	87.63	71.51	76.37	92.11	92.48
Average Days Payable Outstanding	34.21	29.15	31.38	33.63	35.26
Cash Conversion Cycle (Average Days)	55.07	-	-	-	-
Long Term Solvency
Total Debt/Equity	160.37	132.32	129.17	115.71	142.03
Total Debt / Total Capital	61.59	56.96	56.36	53.64	58.68
LT Debt/Equity	135.92	113.81	110.93	99.15	121.34
Long-Term Debt / Total Capital	52.2	48.99	48.41	45.96	50.14
Total Liabilities / Total Assets