Dollar Tree Inc (DLTR)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	7,313,100	8,751,500	7,718,500	7,285,300	6,254,800
ROE		-13.65%	18.46%	17.20%	18.42%	13.22%

February 3, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $-998,400K ÷ $7,313,100K
= -13.65%

Dollar Tree Inc's Return on Equity (ROE) has exhibited fluctuations over the past five years. In the most recent fiscal year ending February 3, 2024, the ROE stood at -13.65%, indicating a negative return on shareholders' equity. This represents a significant decline from the prior year, where the ROE was at 18.46%.

The ROE for Dollar Tree Inc in the fiscal year ending January 28, 2023, was 18.46%, demonstrating a strong return for shareholders. This was slightly lower than the ROE of 17.20% recorded in the previous fiscal year, ending January 29, 2022.

In the fiscal year ending January 30, 2021, Dollar Tree Inc's ROE was 18.42%, showing a consistent performance in generating returns for shareholders. The ROE had increased from 13.22% in the fiscal year ending February 1, 2020.

Overall, Dollar Tree Inc's ROE has shown variability, with a mix of positive and negative returns over the past five years. The negative ROE in the most recent fiscal year may raise concerns regarding the company's profitability and efficiency in producing returns for its shareholders. Further analysis of the company's financial performance and business strategy may be needed to understand the factors contributing to these fluctuations in ROE.