Dollar Tree (DLTR) FY2022 results: revenue $15.4 billion, down 41.4% on the year
Dollar Tree, Inc. (DLTR) reported revenue of $15.4 billion for fiscal 2022, the year ended 28 January 2023, down 41.4% on the year before. Net income was $1.6 billion, up 21.7%, and diluted earnings per share $7.21. The figures are the company's own, from the 10-K it filed with the SEC on 10 March 2023.
Revenue
$15.4 billion
-41.4% on the year
FY2015FY2022
Operating margin
13.6%
6.9% a year earlier
FY2015FY2022
Net income
$1.6 billion
+21.7% on the year
FY2015FY2022
Diluted EPS
$7.21
+24.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,615
1,432
2,716
+12.8%
Capital expenditure
639
1,021
899
-37.4%
Free cash flow
976
410
1,818
+137.8%
Free cash flow margin
6.3%
1.6%
7.1%
Cash from investing
-1,254
-1,020
-890
Cash from financing
-687
-836
-950
Depreciation and amortisation
365
716
687
-49.0%
Share-based compensation
91.5
79.9
83.9
+14.5%
Buybacks
648
950
400
-31.8%
Diluted shares, weighted
224m
229m
237m
-2.1%
Shares outstanding at period end
221m
225m
233m
-1.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
8,752
7,718
7,285
+13.4%
Short-term borrowings
0.0
n/a
n/a
Debt
3,422
3,417
3,226
+0.1%
Operating lease liabilities
5,255
5,146
5,066
+2.1%
Other liabilities
5,594
5,441
5,119
+2.8%
Total liabilities and equity
23,022
21,722
20,696
+6.0%
Fixed assets
4,972
4,477
4,116
+11.1%
Goodwill
1,983
1,984
1,984
-0.1%
Cash and equivalents
643
985
1,417
-34.7%
Other assets
15,424
14,275
13,179
+8.0%
Total assets
23,022
21,722
20,696
+6.0%
10-K for the year ended 28 January 2023, filed 10 March 2023: the filing.