Dollar Tree, Inc. (DLTR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 644M | 1.23B | 193.7M | 625.1M | 483M | 1.07B | 785.6M | 306.9M | 695.7M | 1.25B | 505.8M | 171.8M | 752M | 880.7M | 213.5M | -17.9M | 538.5M | 412.8M | 282.6M | 179.9M |
| Operating CF Margin % | 12.94% | 22.61% | 4.08% | 13.68% | 10.41% | 21.49% | 10.38% | 4.16% | 16.69% | 14.52% | 6.91% | 2.35% | 10.27% | 11.41% | 3.08% | -0.26% | 7.8% | 5.83% | 4.4% | 2.84% |
| Operating CF Growth % | 33.33% | 14.7% | -75.34% | 103.68% | -30.57% | -14.39% | 55.32% | 78.64% | -7.49% | 42.49% | 136.91% | 1059.78% | 39.65% | 113.35% | -24.45% | -109.95% | -3.18% | -57.99% | -4.75% | -62.36% |
| Net Income | 347.3M | 720.8M | 119M | 281.1M | 313.5M | 376.7M | 233.3M | 132.4M | 267.7M | -1.71B | 212M | 200.4M | 299M | 452.2M | 266.9M | 359.9M | 536.4M | 454.2M | 216.8M | 282.4M |
| Depreciation & Amortization | 177M | 335M | 164.5M | 162M | 151.1M | -209.8M | 256.1M | 246.6M | 119M | 226.2M | 215.8M | 202.6M | 196.4M | 196.5M | 189M | 193.5M | 188.9M | 188.7M | 178.5M | 176.1M |
| Stock-Based Compensation | 21.1M | 27.3M | 14.4M | 14.4M | 17.2M | 22.6M | 26.8M | 27.9M | 24M | 20.3M | 23.2M | 24.9M | 28.3M | 19.6M | 24.7M | 30.3M | 35.8M | 16.8M | 13.5M | 17.8M |
| Deferred Taxes | 110.4M | -11.3M | 83.9M | 144.6M | 14.1M | -77.5M | 50.1M | 15.3M | 20.8M | -321.7M | 59.3M | 800K | 3M | 5.6M | 38.6M | 4.5M | 74.3M | -108.2M | 67.7M | -4.7M |
| Other Non-Cash Items | 12.8M | -454.1M | 55.7M | 250.3M | 66.7M | 731.8M | 3.9M | 3.1M | 191M | 2.5B | 7.2M | 3.6M | 36.3M | 33.9M | 8.7M | 4.3M | 16.8M | 50.4M | 4.2M | 6.5M |
| Working Capital Changes | -24.6M | 614.5M | -243.8M | -227.3M | -79.6M | 230.5M | 215.4M | -118.4M | 73.2M | 535.8M | -11.7M | -260.5M | 189M | 172.9M | -314.4M | -610.4M | -313.7M | -189.1M | -198.1M | -298.2M |
| Change in Receivables | 5.5M | 0 | -4.1M | 0 | 0 | 0 | 0 | 0 | 0 | 45.6M | 92.3M | -249.9M | 0 | 0 | -50.4M | 0 | 0 | 536.6M | 0 | 0 |
| Change in Inventory | 24.1M | 367.2M | -229.2M | 20.2M | -27.6M | 268.2M | -434.3M | -48.9M | 32.4M | 405.1M | -190M | -215.4M | 335.9M | 0 | -240.5M | -621.2M | -434.1M | -940.4M | 0 | 0 |
| Change in Payables | 33.4M | -146.8M | 82.7M | 21.9M | -135.9M | -341.1M | 709.4M | 34.5M | 138.6M | 206.1M | 82.1M | 178M | -301.8M | 0 | -145.8M | 217.5M | 0 | 403.8M | 0 | 0 |
| Cash from Investing | -252.9M | -255.7M | -371.8M | 143.3M | -244.3M | -336.3M | -409.1M | -477M | -473M | -785.3M | -541.3M | -428.3M | -352.7M | -327.9M | -392.5M | -277.1M | -256.3M | -273.6M | -294.8M | -228.7M |
| Capital Expenditures | -252.9M | -640.2M | -376.4M | -245M | -100K | 5.9M | -426.4M | -500.7M | -473M | -785.3M | -541.3M | -2.9M | -2.3M | -327.9M | -392.5M | -277.1M | -256.3M | -273.2M | -295.6M | -228.9M |
| CapEx % of Revenue | 5.08% | 11.75% | 7.92% | 5.36% | 0% | 0.12% | 5.63% | 6.79% | 11.35% | 9.09% | 7.4% | 0.04% | 0.03% | 4.25% | 5.66% | 4.09% | 3.71% | 3.86% | 4.61% | 3.61% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -400K | 200K | 200K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 384.5M | 4.6M | 388.3M | -244.2M | -342.2M | 17.3M | 23.7M | -800K | -1.2M | 100K | -425.4M | -350.4M | 0 | 0 | -900K | 0 | -400K | 800K | 200K |
| Cash from Financing | -100.9M | -853.4M | -67.5M | -1.2B | -439.4M | 1.6M | -248M | 122.9M | -287.8M | -228.1M | -29.7M | -104.6M | -167.6M | -349M | -54.5M | -234.2M | -49.1M | 145.1M | -800K | -704.2M |
| Debt Issued (Net) | 500M | -618.7M | 319.5M | 0 | 0 | 249.7M | -249.7M | 0 | 0 | -229.1M | 229.1M | 0 | 0 | -350M | 0 | 0 | 0 | 138.1M | 0 | 0 |
| Equity Issued (Net) | -583.4M | -233.9M | -387.8M | -496.5M | -427.7M | 2.1M | -300K | -128.6M | -268.3M | 2.4M | -250M | -104M | -143.4M | 2.2M | -397.5M | -235.8M | -14.2M | 8.8M | -2.5M | -706.2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -585.8M | -236M | -387.8M | -496.5M | -427.7M | 0 | -300K | -127.8M | -272.2M | 0 | -250M | -106.6M | -143.4M | 0 | -397.5M | -235.8M | -14.2M | 0 | -2.5M | -706.2M |
| Other Financing | -17.5M | 3M | 800K | -700.1M | -11.7M | -250.2M | 1.7M | 251.5M | -19.5M | -1.4M | -8.8M | -600K | -24.2M | -1.2M | 343M | 1.6M | -34.9M | -1.8M | 1.7M | 2M |
| Net Change in Cash | 290M | 123M | -120M | -553.9M | -200M | 738.5M | 128.3M | -47.3M | -65.5M | 241.6M | -67.2M | -359.2M | 230.7M | 204.4M | -235.5M | -529.5M | 233.6M | 283.5M | -12.9M | -753.1M |
| Free Cash Flow | 391.5M | 969.8M | -182.7M | 380.1M | 234.1M | 1.18B | 359.2M | -195.9M | 222.7M | 469.6M | -35.5M | -256.5M | 399.3M | 552.8M | -179M | -295M | 282.2M | 139.6M | -13M | -49M |
| FCF Margin % | 7.87% | 17.79% | -3.85% | 8.32% | 5.05% | 23.56% | 4.75% | -2.65% | 5.34% | 5.44% | -0.49% | -3.5% | 5.45% | 7.16% | -2.58% | -4.36% | 4.09% | 1.97% | -0.2% | -0.77% |
| FCF Growth % | 67.24% | -17.67% | -150.86% | 294.03% | 5.12% | 150.83% | 1111.83% | 23.63% | -44.23% | -15.05% | 80.17% | 13.05% | 41.5% | 295.99% | -1276.92% | -502.04% | -14.77% | -82.36% | -121.56% | -120.18% |
| FCF per Share | 1.98 | 4.85 | -0.90 | 1.83 | 1.09 | 5.47 | 1.67 | -0.91 | 1.02 | 2.16 | -0.16 | -1.16 | 1.80 | 2.49 | -0.80 | -1.31 | 1.25 | 0.62 | -0.06 | -0.21 |
| FCF Conversion (FCF/Net Income) | 1.85x | 2.43x | 0.79x | 3.32x | 1.41x | -0.29x | 3.37x | 2.32x | 2.32x | -0.73x | 2.39x | 0.86x | 2.52x | 1.95x | 0.80x | -0.05x | 1.00x | 0.91x | 1.30x | 0.64x |
| Interest Paid | 0 | 0 | 6.9M | 70.9M | 400K | 64M | 1.7M | 66.7M | 400K | 65.8M | 1.1M | 64.1M | 400K | 66.8M | 1.1M | 64.3M | 0 | 110.4M | 600K | 64.8M |
| Taxes Paid | 0 | 0 | 0 | 139.8M | 4.3M | 46.9M | 13.4M | 110.3M | 5.3M | 17.1M | 33.3M | 218M | 5.6M | 27.9M | 120.2M | 246.6M | 6.6M | 900K | 76.7M | 279.5M |