Dollar Tree (DLTR) FY2015 results: revenue $15.5 billion, up 80.2% on the year
Dollar Tree, Inc. (DLTR) reported revenue of $15.5 billion for fiscal 2015, the year ended 30 January 2016, up 80.2% on the year before. Net income was $282 million, down 52.9%, and diluted earnings per share $1.26. The figures are the company's own, from the 10-K it filed with the SEC on 28 March 2016.
Revenue
$15.5 billion
+80.2% on the year
FY2008FY2015
Operating margin
6.8%
12.1% a year earlier
FY2008FY2015
Net income
$282 million
-52.9% on the year
FY2008FY2015
Diluted EPS
$1.26
-56.6% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
15,498
8,602
7,840
+80.2%
Cost of revenue
10,842
5,568
5,050
+94.7%
Gross profit
4,657
3,034
2,790
+53.5%
Gross margin
30.0%
35.3%
35.6%
Selling, general and administrative
3,607
1,994
1,820
+80.9%
Operating income
1,050
1,040
970
+0.9%
Operating margin
6.8%
12.1%
12.4%
Pre-tax income
448
954
954
-53.0%
Income tax
166
355
358
-53.3%
Effective tax rate
37.0%
37.2%
37.5%
Net income
282
599
597
-52.9%
Net margin
1.8%
7.0%
7.6%
Diluted EPS
$1.26
$2.90
$2.72
-56.6%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
802
943
793
-14.9%
Capital expenditure
480
326
330
+47.6%
Free cash flow
322
617
463
-47.8%
Free cash flow margin
2.1%
7.2%
5.9%
Cash from investing
-6,978
-315
-325
Cash from financing
6,049
-30.6
-598
Depreciation and amortisation
488
206
190
+136.9%
Share-based compensation
53.2
38.3
37.0
+38.9%
Buybacks
0.0
0.0
1,112
Diluted shares, weighted
224m
207m
219m
+8.0%
Shares outstanding at period end
235m
206m
208m
+14.2%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
4,407
1,785
1,171
+146.9%
Debt
7,466
757
770
+886.2%
Other liabilities
4,029
951
831
+323.8%
Total liabilities and equity
15,901
3,493
2,772
+355.3%
Fixed assets
3,126
1,210
1,094
+158.2%
Goodwill
5,022
165
169
+2,950.9%
Investments
4.0
0.0
n/a
Cash and equivalents
736
864
268
-14.8%
Other assets
7,014
1,254
1,241
+459.5%
Total assets
15,901
3,493
2,772
+355.3%
10-K for the year ended 30 January 2016, filed 28 March 2016: the filing.