Dollar Tree, Inc.

DLTRNASDAQConsumer Defensive● Active

$108.80

$-0.47(-0.43%)

Market Cap$20.9B

P/E Ratio—

52W High$142.4

52W Low$84.71

Avg Volume3.8M

Open$109.83

Beta0.66

Overview

Dollar Tree, Inc. (DLTR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DLTR · free cash flow · updated Jun 8, 2026

Core FCF metrics

DLTR · FCF · TTM · margin & CAGR

Free cash flow was $1.40B for FY2026 (fiscal year ending 2026-01-31), down 10.5% year-over-year The FCF margin was 7.2%. Five-year CAGR stands at -5.1%.

FY2026 Free Cash Flow$1.40B▼ -10.5% YoY

Trailing 12M (TTM)$1.56Btrailing 4 quarters sum

FCF Margin7.2%$1.40B ÷ revenue

3-Year CAGR+57.0%FY2023 → FY2026

5-Year CAGR-5.1%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DLTR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$2.53B(1.13B)$1.40B▼ 10.5%7.2%

FY2025$2.86B(1.30B)$1.56B▲ +170.8%8.9%

FY2024$2.68B(2.11B)$576.9M▲ +59.8%3.4%

FY2023$1.61B(1.25B)$361.0M▼ 11.7%2.3%

FY2022$1.43B(1.02B)$408.7M▼ 77.5%1.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DLTR · P/FCF · FCF yield · FCF per share

Dollar Tree, Inc. (DLTR) trades at a FCF yield of 7.45% and a price-to-free-cash-flow ratio of 14.4x. FCF per share stands at $7.57, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.45%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.57

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-31

Cash flow statement summary

DLTR · cash flow statement · operating / investing / financing

For FY2026, Dollar Tree, Inc. generated $2.53B in operating cash flow and spent 1.13B in capital expenditures, yielding $1.40B in free cash flow.

Operating Activities

+$2.53B

Cash from core business operations

2026-01-31

Investing Activities

−$728.5M

CapEx, acquisitions & investments

2026-01-31

Financing Activities

−$2.55B

Buybacks, dividends & debt

2026-01-31

FCF FormulaOperating CF ($2.53B) − |CapEx| (1.13B) = FCF ($1.40B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

DLTR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Dollar Tree, Inc.YOU

DLTR

$1.40B-10.5%7.2%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Dollar Tree, Inc. (DLTR) reported free cash flow of $1.40B for FY2026 (fiscal year ending 2026-01-31), down 10.5% year-over-year. The FCF margin was 7.2%.

Based on available data, Dollar Tree, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $1.82B in FY2021. The 5-year CAGR stands at -5.1%.

Dollar Tree, Inc.'s FCF yield is 7.45% and price-to-FCF ratio is 14.4x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DLTR free cash flow · 8 questions

Dollar Tree, Inc. free cash flow was $1.40B for FY2026, down 10.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.56B.

DLTR free cash flowDLTR FCFDLTR FCF 2026DLTR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Dollar Tree, Inc. · Dollar Tree, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026