Dollar Tree vs Target
Target reported revenue of $104.8 billion in fiscal 2025, 5.4 times Dollar Tree's $19.4 billion in fiscal 2025. Dollar Tree's revenue grew 10.4% in its latest year, and Target's fell 1.7%. Dollar Tree had an operating margin of 8.5%, against 4.9% at Target. Free cash flow was $1.1 billion at Dollar Tree and $2.8 billion at Target.
Side by side
| Dollar Tree | Target | |
|---|---|---|
| Latest fiscal year | FY2025, Jan 31, 2026 | FY2025, Jan 31, 2026 |
| Revenue | $19.4B | $104.8B |
| Revenue growth | 10.4% | −1.7% |
| Revenue growth a year, last 5 years | −5.3% | 2.3% |
| Gross margin | 36.3% | 27.9% |
| Operating margin | 8.5% | 4.9% |
| Net margin | 6.6% | 3.5% |
| Free cash flow | $1.1B | $2.8B |
| Free cash flow margin | 5.4% | 2.7% |
| Return on capital | 21.4% | 15.0% |
| Net debt to EBITDA | 0.7x | 1.3x |
| Dividends and buybacks | $1.5B | $2.5B |
| Change in diluted share count | −4.5% | −1.3% |
| Last close | $124.92 | $148.53 |
| P/E at the last close | 15.3× | 15.4× |
| Insider trades, last 12 months | sold $249.0 million | sold $26.0 million |
| Piotroski F-score | 9 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Dollar TreeTarget
Operating margin
Percent of revenue
Dollar TreeTarget
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Dollar TreeTarget
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Dollar Tree and Target pages.