Dollar Tree Inc (DLTR)

Gross profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Gross profit (ttm)	US$ in thousands	9,309,600	8,923,600	8,822,100	8,811,800	8,921,900	8,673,500	8,365,700	8,102,300	7,725,900	7,741,600	7,902,000	7,957,200	7,788,000	7,595,700	7,376,100	7,108,400	7,040,700	6,992,300	6,959,700	6,975,100
Revenue (ttm)	US$ in thousands	30,603,800	29,684,600	29,309,700	28,752,900	28,331,700	27,691,600	27,169,400	26,744,100	26,321,200	26,008,500	25,767,800	25,702,200	25,509,300	25,056,700	24,625,900	24,088,900	23,610,800	23,500,700	23,293,300	23,078,300
Gross profit margin		30.42%	30.06%	30.10%	30.65%	31.49%	31.32%	30.79%	30.30%	29.35%	29.77%	30.67%	30.96%	30.53%	30.31%	29.95%	29.51%	29.82%	29.75%	29.88%	30.22%

February 3, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,309,600K ÷ $30,603,800K
= 30.42%

Dollar Tree Inc's gross profit margin has shown some fluctuations over the past several reporting periods. The margin has ranged from a low of 29.35% in Jan 29, 2022, to a high of 31.49% in Jan 28, 2023. Overall, the trend has been relatively stable, with the margin hovering around the 30% mark. This indicates that Dollar Tree Inc has been able to effectively manage its cost of goods sold relative to its revenues, maintaining a healthy level of profitability from its core operations. However, it may be worth monitoring any significant deviations in the future to assess the impact on the company's earnings and overall financial performance.