DLTR FY 2020 Earnings Report — Dollar Tree, Inc. Revenue & Financial Results | Market Cap Arena

Dollar Tree, Inc.DLTR

FY 2020 Earnings

Reported March 16, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$25.5B	—	$23.6B	—	8.0%
Op. Income	$1.9B	—	$1.3B	—	49.6%
Gross Margin	30.5%	—	29.8%	—	0.7pp
Net Margin	5.3%	—	3.5%	—	1.8pp
EPS (Diluted)	$5.65	—	$3.47	—	62.8%
Free Cash Flow	$1.8B	—	$833M	—	118.2%

Revenue Flow

Item	Amount
REVENUE	$25.5B
Cost of Revenue	$17.7B
GROSS PROFIT	$7.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$5.9B
Other Expenses	$0
Operating Expenses	$5.9B
Cost & Expenses	$23.6B
OPERATING INCOME	$1.9B
Interest Income	$0
Interest Expense	$147M
Other Income/Expenses	-$148M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$398M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$687M
EBIT	$1.9B
EBITDA	$2.6B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$25.5B
Cost of Revenue	$17.7B
GROSS PROFIT	$7.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$5.9B
Other Expenses	$0
Operating Expenses	$5.9B
Cost & Expenses	$23.6B
OPERATING INCOME	$1.9B
Interest Income	$0
Interest Expense	$147M
Other Income/Expenses	-$148M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$398M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$687M
EBIT	$1.9B
EBITDA	$2.6B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$1.3B
Depreciation & Amortization	$687M
Stock-Based Compensation	$84M
Deferred Income Tax	$31M
Other Non-Cash Items	$23M
Change in Working Capital	$550M
OPERATING CASH FLOW	$2.7B
Capital Expenditure	-$899M
Acquisitions (Net)	$9M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$890M
Net Debt Issuance	-$550M
Common Stock Repurchased	-$400M
Common Dividends Paid	$0
Other Financing Activities	$17M
NET CASH FROM FINANCING	-$950M
FREE CASH FLOW	$1.8B
Net Change in Cash	$878M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.4B
Short-Term Investments	$0
Net Receivables	$0
Inventory	$3.4B
Other Current Assets	$207M
TOTAL CURRENT ASSETS	$5.1B
PP&E (Net)	$10.4B
Goodwill	$2.0B
Intangible Assets	$3.1B
Long-Term Investments	$0
Tax Assets	$23M
Other Non-Current Assets	$97M
TOTAL NON-CURRENT ASSETS	$15.6B
TOTAL ASSETS	$20.7B
Account Payables	$1.5B
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$440M
TOTAL CURRENT LIABILITIES	$3.7B
Long-Term Debt	$3.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.0B
Other Non-Current Liabilities	$375M
TOTAL NON-CURRENT LIABILITIES	$9.7B
TOTAL LIABILITIES	$13.4B
Common Stock	$2M
Additional Paid-In Capital	$2.1B
Retained Earnings	$5.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$35M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.3B
Minority Interest	$0
TOTAL EQUITY	$7.3B
TOTAL LIABILITIES & EQUITY	$20.7B
Total Debt	$9.6B
Net Debt	$8.2B