Dollar Tree (DLTR) Operating Margin (2009 - 2026)
Dollar Tree (DLTR) posted quarterly Operating Margin of 9.51% for Q2 2026, up 123.0% year-over-year from 4.27% in Q2 2025, and down 25.43% quarter-over-quarter from 12.76% in Q1 2026.
Dollar Tree (DLTR) Operating Margin (2009 - 2026) Analysis & Trends
Dollar Tree's Operating Margin history runs 18 years deep, the most recent figure standing at 9.51% for Q2 2026.
- In Q2 2026, Operating Margin rose 123.0% year-over-year to 9.51%; the TTM figure through May 2026 stood at 8.83% (up 71.0% YoY), while the FY2026 annual figure was 8.52%, up 20.0% from the prior year.
- Operating Margin for Q2 2026 stood at 9.51%, down from 12.76% in the prior quarter.
- The five-year high for Operating Margin was 15.43% in Q1 2024, with the low at 9.27% in Q1 2023.
- The 5-year median for Operating Margin is 7.89% (2022), against an average of 7.73%.
- The sharpest annual moves came in 2023 and 2024: Operating Margin plunged 1743 bps in 2023, then soared 2469 bps in 2024.
- Dollar Tree's Operating Margin stood at 5.49% in 2022, then jumped by 37 bps to 7.54% in 2023, then advanced by 1 bps to 7.62% in 2024, then slipped by 5 bps to 7.23% in 2025, then surged by 32 bps to 9.51% in 2026.
- Business Quant data shows DLTR's Operating Margin at 9.51% in Q2 2026, 12.76% in Q1 2026, and 7.23% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn | 4.22% |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn | 3.99% |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn | 4.46% |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn | 5.92% |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn | 9.51% |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn | 3.67% |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn | 22.24% |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn | 4.43% |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn | 10.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 9.51% |
| Jan 31, 2026 | 12.76% |
| Nov 1, 2025 | 7.23% |
| Aug 2, 2025 | 5.06% |
| 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 | -9.27% |
| Oct 29, 2022 | 5.49% |
| Jul 30, 2022 | 7.47% |
| Apr 30, 2022 | 10.60% |
| Jan 29, 2022 | 8.16% |
| Oct 30, 2021 | 4.84% |
| Jul 31, 2021 | 6.34% |