Analysis of Reportable Segments
Dollar Tree Inc. operates in 2 segments: Dollar Tree and Family Dollar.
Segment Profit Margin
Dollar Tree Inc., profit margin by reportable segment
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 11.54% | 12.05% | 13.25% | 14.05% | 13.27% | 12.87% |
| Family Dollar | 4.38% | 5.35% | -0.73% | -20.88% | 4.67% | 3.78% |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Dollar Tree | Dollar Tree segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
| Family Dollar | Family Dollar segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Profit Margin: Dollar Tree
Dollar Tree Inc.; Dollar Tree; segment profit margin calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Operating income (loss) | 1,607,000) | 1,598,000) | 1,657,800) | 1,645,900) | 1,481,900) | 1,305,300) |
| Net sales | 13,922,100) | 13,265,000) | 12,507,900) | 11,712,100) | 11,164,400) | 10,138,700) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 11.54% | 12.05% | 13.25% | 14.05% | 13.27% | 12.87% |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net sales
= 100 × 1,607,000 ÷ 13,922,100 = 11.54%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Dollar Tree | Dollar Tree segment profit margin ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Family Dollar
Dollar Tree Inc.; Family Dollar; segment profit margin calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Operating income (loss) | 543,100) | 655,600) | (81,000) | (2,320,000) | 517,200) | 399,500) |
| Net sales | 12,387,700) | 12,243,400) | 11,102,900) | 11,111,200) | 11,081,100) | 10,580,500) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 4.38% | 5.35% | -0.73% | -20.88% | 4.67% | 3.78% |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment profit margin = 100 × Operating income (loss) ÷ Net sales
= 100 × 543,100 ÷ 12,387,700 = 4.38%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Family Dollar | Family Dollar segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Return on Assets (Segment ROA)
Dollar Tree Inc., ROA by reportable segment
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 17.17% | 18.43% | 21.55% | 41.22% | 36.03% | 35.23% |
| Family Dollar | 4.57% | 5.67% | -0.71% | -25.37% | 4.23% | 3.33% |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Dollar Tree | Dollar Tree segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022. |
| Family Dollar | Family Dollar segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment ROA: Dollar Tree
Dollar Tree Inc.; Dollar Tree; segment ROA calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Operating income (loss) | 1,607,000) | 1,598,000) | 1,657,800) | 1,645,900) | 1,481,900) | 1,305,300) |
| Total assets | 9,358,400) | 8,669,300) | 7,694,000) | 3,992,600) | 4,113,400) | 3,705,500) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 17.17% | 18.43% | 21.55% | 41.22% | 36.03% | 35.23% |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × 1,607,000 ÷ 9,358,400 = 17.17%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Dollar Tree | Dollar Tree segment ROA deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment ROA: Family Dollar
Dollar Tree Inc.; Family Dollar; segment ROA calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Operating income (loss) | 543,100) | 655,600) | (81,000) | (2,320,000) | 517,200) | 399,500) |
| Total assets | 11,871,800) | 11,562,200) | 11,484,900) | 9,144,700) | 12,219,400) | 11,996,100) |
| Segment Profitability Ratio | ||||||
| Segment ROA1 | 4.57% | 5.67% | -0.71% | -25.37% | 4.23% | 3.33% |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × 543,100 ÷ 11,871,800 = 4.57%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Family Dollar | Family Dollar segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Asset Turnover
Dollar Tree Inc., asset turnover by reportable segment
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 1.49 | 1.53 | 1.63 | 2.93 | 2.71 | 2.74 |
| Family Dollar | 1.04 | 1.06 | 0.97 | 1.22 | 0.91 | 0.88 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Dollar Tree | Dollar Tree segment asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
| Family Dollar | Family Dollar segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Asset Turnover: Dollar Tree
Dollar Tree Inc.; Dollar Tree; segment asset turnover calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net sales | 13,922,100) | 13,265,000) | 12,507,900) | 11,712,100) | 11,164,400) | 10,138,700) |
| Total assets | 9,358,400) | 8,669,300) | 7,694,000) | 3,992,600) | 4,113,400) | 3,705,500) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 1.49 | 1.53 | 1.63 | 2.93 | 2.71 | 2.74 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 13,922,100 ÷ 9,358,400 = 1.49
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Dollar Tree | Dollar Tree segment asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: Family Dollar
Dollar Tree Inc.; Family Dollar; segment asset turnover calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net sales | 12,387,700) | 12,243,400) | 11,102,900) | 11,111,200) | 11,081,100) | 10,580,500) |
| Total assets | 11,871,800) | 11,562,200) | 11,484,900) | 9,144,700) | 12,219,400) | 11,996,100) |
| Segment Activity Ratio | ||||||
| Segment asset turnover1 | 1.04 | 1.06 | 0.97 | 1.22 | 0.91 | 0.88 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 12,387,700 ÷ 11,871,800 = 1.04
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Family Dollar | Family Dollar segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Capital Expenditures to Depreciation
Dollar Tree Inc., capital expenditures to depreciation by reportable segment
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 1.51 | 1.56 | 1.97 | 1.79 | 1.52 | 1.68 |
| Family Dollar | 1.35 | 1.03 | 1.25 | 0.72 | 0.69 | 0.40 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Dollar Tree | Dollar Tree segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
| Family Dollar | Family Dollar segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Segment Capital Expenditures to Depreciation: Dollar Tree
Dollar Tree Inc.; Dollar Tree; segment capital expenditures to depreciation calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Additions to property, plant and equipment | 477,100) | 470,400) | 547,500) | 455,600) | 383,100) | 404,900) |
| Depreciation and amortization expense | 316,000) | 302,300) | 277,700) | 254,000) | 251,800) | 241,300) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.51 | 1.56 | 1.97 | 1.79 | 1.52 | 1.68 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment capital expenditures to depreciation = Additions to property, plant and equipment ÷ Depreciation and amortization expense
= 477,100 ÷ 316,000 = 1.51
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Dollar Tree | Dollar Tree segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Segment Capital Expenditures to Depreciation: Family Dollar
Dollar Tree Inc.; Family Dollar; segment capital expenditures to depreciation calculation
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Additions to property, plant and equipment | 498,900) | 362,100) | 425,200) | 251,000) | 249,100) | 159,800) |
| Depreciation and amortization expense | 369,800) | 352,600) | 339,100) | 346,500) | 359,700) | 396,500) |
| Segment Financial Ratio | ||||||
| Segment capital expenditures to depreciation1 | 1.35 | 1.03 | 1.25 | 0.72 | 0.69 | 0.40 |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
1 2022 Calculation
Segment capital expenditures to depreciation = Additions to property, plant and equipment ÷ Depreciation and amortization expense
= 498,900 ÷ 369,800 = 1.35
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Family Dollar | Family Dollar segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level. |
Net sales
Dollar Tree Inc., net sales by reportable segment
US$ in thousands
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 13,922,100) | 13,265,000) | 12,507,900) | 11,712,100) | 11,164,400) | 10,138,700) |
| Family Dollar | 12,387,700) | 12,243,400) | 11,102,900) | 11,111,200) | 11,081,100) | 10,580,500) |
| Consolidated | 26,309,800) | 25,508,400) | 23,610,800) | 22,823,300) | 22,245,500) | 20,719,200) |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
Operating income (loss)
Dollar Tree Inc., operating income (loss) by reportable segment
US$ in thousands
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 1,607,000) | 1,598,000) | 1,657,800) | 1,645,900) | 1,481,900) | 1,305,300) |
| Family Dollar | 543,100) | 655,600) | (81,000) | (2,320,000) | 517,200) | 399,500) |
| Corporate, support and Other | (338,700) | (365,700) | (314,600) | (265,400) | —) | —) |
| Consolidated | 1,811,400) | 1,887,900) | 1,262,200) | (939,500) | 1,999,100) | 1,704,800) |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
Depreciation and amortization expense
Dollar Tree Inc., depreciation and amortization expense by reportable segment
US$ in thousands
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 316,000) | 302,300) | 277,700) | 254,000) | 251,800) | 241,300) |
| Family Dollar | 369,800) | 352,600) | 339,100) | 346,500) | 359,700) | 396,500) |
| Corporate, support and Other | 30,200) | 31,800) | 28,900) | 20,900) | —) | —) |
| Consolidated | 716,000) | 686,700) | 645,700) | 621,400) | 611,500) | 637,800) |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
Total assets
Dollar Tree Inc., total assets by reportable segment
US$ in thousands
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 9,358,400) | 8,669,300) | 7,694,000) | 3,992,600) | 4,113,400) | 3,705,500) |
| Family Dollar | 11,871,800) | 11,562,200) | 11,484,900) | 9,144,700) | 12,219,400) | 11,996,100) |
| Corporate, support and Other | 491,600) | 464,500) | 395,700) | 363,900) | —) | —) |
| Consolidated | 21,721,800) | 20,696,000) | 19,574,600) | 13,501,200) | 16,332,800) | 15,701,600) |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).
Additions to property, plant and equipment
Dollar Tree Inc., additions to property, plant and equipment by reportable segment
US$ in thousands
| Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | Jan 28, 2017 | |
|---|---|---|---|---|---|---|
| Dollar Tree | 477,100) | 470,400) | 547,500) | 455,600) | 383,100) | 404,900) |
| Family Dollar | 498,900) | 362,100) | 425,200) | 251,000) | 249,100) | 159,800) |
| Corporate, support and Other | 45,200) | 66,300) | 62,100) | 110,500) | —) | —) |
| Consolidated | 1,021,200) | 898,800) | 1,034,800) | 817,100) | 632,200) | 564,700) |
Based on: 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).