DLTR FY 2016 Earnings Report — Dollar Tree, Inc. Revenue & Financial Results | Market Cap Arena

Dollar Tree, Inc.DLTR

FY 2016 Earnings

Reported March 28, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$20.7B	—	$15.5B	—	33.7%
Op. Income	$1.7B	—	$1.0B	—	62.4%
Gross Margin	30.9%	—	30.0%	—	0.8pp
Net Margin	4.3%	—	1.8%	—	2.5pp
EPS (Diluted)	$3.78	—	$1.26	—	200.0%
Free Cash Flow	$1.1B	—	$300M	—	268.7%

Revenue Flow

Item	Amount
REVENUE	$20.7B
Cost of Revenue	$14.3B
GROSS PROFIT	$6.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$4.7B
Other Expenses	$0
Operating Expenses	$4.7B
Cost & Expenses	$19.0B
OPERATING INCOME	$1.7B
Interest Income	$0
Interest Expense	$376M
Other Income/Expenses	-$375M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$433M
Net Income from Continuing Ops	$896M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$896M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$896M
D&A	$638M
EBIT	$1.7B
EBITDA	$2.3B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$20.7B
Cost of Revenue	$14.3B
GROSS PROFIT	$6.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$4.7B
Other Expenses	$0
Operating Expenses	$4.7B
Cost & Expenses	$19.0B
OPERATING INCOME	$1.7B
Interest Income	$0
Interest Expense	$376M
Other Income/Expenses	-$375M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$433M
Net Income from Continuing Ops	$896M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$896M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$896M
D&A	$638M
EBIT	$1.7B
EBITDA	$2.3B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$896M
Depreciation & Amortization	$638M
Stock-Based Compensation	$62M
Deferred Income Tax	-$124M
Other Non-Cash Items	$65M
Change in Working Capital	$138M
OPERATING CASH FLOW	$1.7B
Capital Expenditure	-$566M
Acquisitions (Net)	$900.0K
Purchases of Investments	-$36M
Sales/Maturities of Investments	$118M
Other Investing Activities	-$900.0K
NET CASH FROM INVESTING	-$484M
Net Debt Issuance	-$1.1B
Common Stock Repurchased	-$22M
Common Dividends Paid	$0
Other Financing Activities	$13M
NET CASH FROM FINANCING	-$1.1B
FREE CASH FLOW	$1.1B
Net Change in Cash	$130M

Balance Sheet

Item	Amount
Cash & Equivalents	$866M
Short-Term Investments	$4M
Net Receivables	$138M
Inventory	$2.9B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.9B
PP&E (Net)	$3.1B
Goodwill	$5.0B
Intangible Assets	$3.6B
Long-Term Investments	$9M
Tax Assets	-$8.6B
Other Non-Current Assets	$42M
TOTAL NON-CURRENT ASSETS	$11.8B
TOTAL ASSETS	$15.7B
Account Payables	$1.1B
Short-Term Debt	$152M
Deferred Revenue	$0
Other Current Liabilities	$427M
TOTAL CURRENT LIABILITIES	$2.1B
Long-Term Debt	$6.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.5B
Other Non-Current Liabilities	$578M
TOTAL NON-CURRENT LIABILITIES	$8.2B
TOTAL LIABILITIES	$10.3B
Common Stock	$2M
Additional Paid-In Capital	$2.5B
Retained Earnings	$3.0B
Treasury Stock	$0
Accum. Other Comp. Income	-$38M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.4B
Minority Interest	$0
TOTAL EQUITY	$5.4B
TOTAL LIABILITIES & EQUITY	$15.7B
Total Debt	$6.3B
Net Debt	$5.5B