Dollar Tree (DLTR) Operating Margin (2009 - 2026)

Dollar Tree's Operating Margin history runs 18 years deep, the most recent figure standing at 9.52% for Q2 2026.

• In Q2 2026, Operating Margin rose 124.0% year-over-year to 9.52%; the TTM figure through May 2026 stood at 8.83% (up 71.0% YoY), while the FY2026 annual figure was 8.52%, up 21.0% from the prior year.
• Operating Margin was 9.52% for Q2 2026 at Dollar Tree, down from 12.76% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 15.43% in Q1 2024 to a low of 9.27% in Q1 2023.
• Historically, Operating Margin has averaged 7.73% across 5 years, with a median of 7.89% in 2022.
• The sharpest annual moves came in 2023 and 2024: Operating Margin sank 1743 bps in 2023, then jumped 2469 bps in 2024.
• A 5-year view of Operating Margin shows it stood at 5.49% in 2022, then surged by 37 bps to 7.54% in 2023, then climbed by 1 bps to 7.62% in 2024, then dropped by 5 bps to 7.23% in 2025, then jumped by 32 bps to 9.52% in 2026.
• The last three Operating Margin figures came in at 9.52% (Q2 2026), 12.76% (Q1 2026), and 7.23% (Q4 2025), per Business Quant data.