Dollar Tree Inc (DLTR)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -998,400 | 1,615,400 | 1,327,900 | 1,341,900 | 827,000 |
| Revenue | US$ in thousands | 30,603,800 | 28,331,700 | 26,321,200 | 25,509,300 | 23,610,800 |
| Net profit margin | -3.26% | 5.70% | 5.04% | 5.26% | 3.50% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-998,400K ÷ $30,603,800K
= -3.26%
The net profit margin of Dollar Tree Inc has shown variations over the past five years. In the most recent fiscal year ending February 3, 2024, the net profit margin was negative at -3.26%, indicating that the company's expenses exceeded its revenue, resulting in a loss. This is a significant decline compared to the previous year's net profit margin of 5.70%.
In the fiscal year ending January 28, 2023, Dollar Tree Inc had a net profit margin of 5.70%, reflecting a healthy profitability level. However, there was a slight decrease in the net profit margin compared to the fiscal year ending January 29, 2022, where the margin was 5.04%.
Looking back further, in the fiscal year ending January 30, 2021, Dollar Tree Inc's net profit margin was 5.26%, showing a relatively consistent level of profitability compared to the preceding years. In the fiscal year ending February 1, 2020, the net profit margin was 3.50%, indicating a moderate profitability level.
Overall, the fluctuation in Dollar Tree Inc's net profit margins over the years suggests varying levels of efficiency in managing costs and generating profits. The negative net profit margin in the most recent year raises concerns about the company's financial performance and underscores the importance of closely monitoring its operational strategies and cost structures to improve profitability.
Peer comparison
Feb 3, 2024