Dollar Tree (DLTR) Operating Margin (2009 - 2026)
Dollar Tree (DLTR) posted Operating Margin of 14.11% for Q3 2026, up 48.33% on a QoQ basis from 9.51% in Q2 2026, and up 905.0% year-over-year from 1.4% in Q3 2025.
Analysis
Dollar Tree (DLTR) Operating Margin (2009 - 2026) Analysis & Trends
Dollar Tree has reported Operating Margin for 18 years, with the latest figure at 14.11% in Q3 2026.
- On a quarterly basis, Operating Margin rose 905.0% year-over-year to 14.11% in Q3 2026; TTM through Aug 2026 was 10.97%, a 299.0% increase from a year earlier, with the FY2026 full-year figure at 8.52%, up 20.0% from the prior year.
- Operating Margin was 14.11% for Q3 2026 at Dollar Tree, up from 9.51% in the prior quarter.
- The five-year high for Operating Margin was 15.43% in Q1 2024, with the low at 9.25% in Q1 2023.
- Average Operating Margin over 5 years is 8.06%, with a median of 8.17% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Margin plunged 1743 bps in 2023, then surged 2468 bps in 2024.
- Over 5 years, Operating Margin stood at 5.49% in 2022, then soared by 37 bps to 7.54% in 2023, then rose by 1 bps to 7.62% in 2024, then slipped by 5 bps to 7.23% in 2025, then surged by 95 bps to 14.11% in 2026.
- The last three Operating Margin figures came in at 14.11% (Q3 2026), 9.51% (Q2 2026), and 12.75% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 841.10 Bn | 829.57 Bn | 49.13 Bn | 4.99% |
| 2 | Dollar General | 27.49 Bn | 25.90 Bn | 3.68 Bn | 6.81% |
| 3 | Dollar Tree | 22.62 Bn | 21.57 Bn | 2.10 Bn | 14.11% |
| 4 | Tractor Supply | 17.83 Bn | 17.60 Bn | 1.68 Bn | 10.29% |
| 5 | Bbb Foods | 5.92 Bn | 5.24 Bn | 250.62 Mn | 22.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 14.11% |
| May 2, 2026 | 9.51% |
| Jan 31, 2026 | 12.75% |
| Nov 1, 2025 | 7.23% |
| Aug 2, 2025 | 5.05% |
| May 3, 2025 | 8.28% |
| Feb 1, 2025 | 10.68% |
| Nov 2, 2024 | 7.62% |
| Aug 3, 2024 | 5.30% |
| May 4, 2024 | 9.16% |
| Feb 3, 2024 | 15.43% |
| Oct 28, 2023 | 7.54% |
| Jul 29, 2023 | 7.43% |
| Apr 29, 2023 | 10.67% |
| Jan 28, 2023 | -9.25% |
| Oct 29, 2022 | 5.49% |
| Jul 30, 2022 | 7.47% |
| Apr 30, 2022 | 10.60% |
| Jan 29, 2022 | 8.17% |
| Oct 30, 2021 | 4.84% |