Dollar Tree (DLTR) Stock Buyback History
TTM buyback yield 6.61% · Shareholder yield (TTM) 6.61%.
DLTR
TTM buyback yield
6.61%
Shareholder yield (TTM)
6.61%
5Y share count change
-13.1%
TTM buyback spend
$1.55B
SBC coverage (TTM)
21.12x
YoY change in spend
+287.0%
5Y CAGR of spend
+31.1%
Peak year (2025)
$1.55B
Cumulative spend
$8.45B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Dollar Tree (DLTR) repurchased about $1.55B of stock over the trailing twelve months.
- Diluted share count is down 13.1% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 21.12× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +31.1% per year over the latest 5-year window.
- TTM repurchases used about 110% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $1.55B | $58.90M | $1.49B | 0.21B | -4.4% | 6.61% |
| 2024 | $400.00M | $106.90M | $293.10M | 0.22B | -1.6% | 2.54% |
| 2023 | $500.00M | $96.70M | $403.30M | 0.22B | -2.1% | 1.65% |
| 2022 | $647.50M | $110.40M | $537.10M | 0.22B | -2.1% | 1.95% |
| 2021 | $950.00M | $79.90M | $870.10M | 0.23B | -3.5% | 3.29% |
| 2020 | $400.00M | $83.90M | $316.10M | 0.24B | -0.4% | 1.68% |
| 2019 | $200.00M | $61.40M | $138.60M | 0.24B | -0.2% | 0.97% |
| 2018 | $23.20M | $63.10M | −$39.90M | 0.24B | 0.4% | 0.10% |
| 2017 | $27.40M | $65.70M | −$38.30M | 0.24B | 0.4% | 0.11% |
| 2016 | $22.20M | $61.60M | −$39.40M | 0.24B | 6.0% | 0.13% |
| 2015 | $21.60M | $53.20M | −$31.60M | 0.22B | 8.0% | 0.11% |
| 2014 | $16.00M | $38.30M | −$22.30M | 0.21B | -5.5% | 0.11% |
| 2013 | $1.11B | $37.00M | $1.08B | 0.22B | -5.0% | 10.58% |
| 2012 | $340.20M | $35.50M | $304.70M | 0.23B | -4.8% | 3.76% |
| 2011 | $645.90M | $31.60M | $614.30M | 0.24B | -5.3% | 6.54% |
| 2010 | $417.10M | $28.30M | $388.80M | 0.26B | -5.2% | 6.55% |
| 2009 | $190.70M | $21.70M | $169.00M | 0.27B | -0.9% | 4.37% |
| 2008 | $0.00 | $16.70M | −$16.70M | 0.27B | -5.8% | — |
| 2007 | $473.00M | $11.30M | $461.70M | 0.29B | -7.1% | 18.68% |
| 2006 | $248.20M | $6.70M | $241.50M | 0.31B | -4.6% | 7.76% |
| 2005 | $180.40M | $0.00 | $180.40M | 0.33B | -4.6% | 6.76% |
| 2004 | $48.61M | $15.11M | $33.51M | 0.34B | -1.2% | 1.61% |
| 2003 | $38.05M | $0.00 | $38.05M | 0.35B | 0.7% | 1.04% |
| 2002 | $0.00 | $0.00 | $0.00 | 0.34B | 1.4% | — |
| 2001 | $3.77M | $0.00 | $3.77M | 0.34B | 1.4% | 0.11% |
| 2000 | $0.00 | $0.00 | $0.00 | 0.33B | 2.9% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.32B | 6.7% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.30B | 1.4% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.30B | 2.0% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 0.29B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Dollar Tree (DLTR) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Dollar Tree (DLTR)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Dollar Tree (DLTR)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.55B | +287.0% | +$1.15B | ||
| 2024 | $400.00M | -20.0% | -$100.00M | ||
| 2023 | $500.00M | -22.8% | -$147.50M | ||
| 2022 | $647.50M | -31.8% | -$302.50M | ||
| 2021 | $950.00M | +137.5% | +$550.00M | ||
| 2020 | $400.00M | +100.0% | +$200.00M | ||
| 2019 | $200.00M | +762.1% | +$176.80M | ||
| 2018 | $23.20M | -15.3% | -$4.20M | ||
| 2017 | $27.40M | +23.4% | +$5.20M | ||
| 2016 | $22.20M | +2.8% | +$600,000 | ||
| 2015 | $21.60M | +35.0% | +$5.60M | ||
| 2014 | $16.00M | -98.6% | -$1.10B | ||
| 2013 | $1.11B | +226.9% | +$771.90M | ||
| 2012 | $340.20M | -47.3% | -$305.70M | ||
| 2011 | $645.90M | +54.9% | +$228.80M | ||
| 2010 | $417.10M | +118.7% | +$226.40M | ||
| 2009 | $190.70M | — | +$190.70M | ||
| 2008 | $0 | -100.0% | -$473.00M | ||
| 2007 | $473.00M | +90.6% | +$224.80M | ||
| 2006 | $248.20M | +37.6% | +$67.80M | ||
| 2005 | $180.40M | +271.1% | +$131.79M | ||
| 2004 | $48.61M | +27.7% | +$10.56M | ||
| 2003 | $38.05M | — | +$38.05M | ||
| 2002 | $0 | -100.0% | -$3.77M | ||
| 2001 | $3.77M | — | +$3.77M | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | $0 | ||
| 1995 | $0 | — | — |
In 2025, Dollar Tree (DLTR) buyback spend totalled $1.55B – surged 287.0% year-over-year.
Through 2020–2025 (5 years), Dollar Tree buyback spend delivered a +31.1% annualised rate; with the latest reading among the more recent periods of the dataset.
2025 marks the peak buyback spend at $1.55B, with the historical low of $0 recorded in 1995.
Within Consumer Defensive, Dollar Tree (DLTR) ranks 3rd among 8 peers we track. The peer median for buyback spend is $951.50M.
Dollar Tree Buyback Spend 2025: $1.55B
Dollar Tree buyback spend in 2025 was $1.55B, surged 287.0% from 2024. This figure represents the highest annual value in the available history.
Dollar Tree Buyback Spend 2024: $400.00M
Dollar Tree buyback spend in 2024 was $400.00M, declined 20.0% below 2023.
Dollar Tree Buyback Spend 2023: $500.00M
Dollar Tree buyback spend in 2023 was $500.00M, declined 22.8% below 2022.
Dollar Tree Buyback Spend 2022: $647.50M
Dollar Tree buyback spend in 2022 was $647.50M, plunged 31.8% below 2021.
Dollar Tree Buyback Spend 2021: $950.00M
Dollar Tree buyback spend in 2021 was $950.00M.
See more financial history for Dollar Tree (DLTR).
Sector peers by buyback spend
Companies in the same sector as Dollar Tree, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Walmart (WMT) | $8.09B | Consumer Defensive |
| Procter & Gamble (PG) | $6.50B | Consumer Defensive |
| PepsiCo (PEP) | $1.00B | Consumer Defensive |
| Altria Group (MO) | $1.00B | Consumer Defensive |
| Costco (COST) | $903.00M | Consumer Defensive |
| Coca-Cola (KO) | $746.00M | Consumer Defensive |
| Monster Beverage (MNST) | $103.65M | Consumer Defensive |
| Philip Morris International (PM) | $0 | Consumer Defensive |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 21.12×.
Capital allocation mix
How Dollar Tree splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.40B (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Dollar Tree's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Dollar Tree buy back its own stock?
Yes, Dollar Tree (DLTR) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Dollar Tree spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $1.55B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Dollar Tree's buyback yield?
TTM buyback yield is about 6.61% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Dollar Tree's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 6.61% combined (TTM-based where available).
Is Dollar Tree diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Dollar Tree's share count changed?
Diluted weighted average shares changed by about -13.1% over roughly five fiscal years (annual income statement data).
What is Dollar Tree's buyback spend?
Latest reported buyback spend for Dollar Tree (DLTR) is $1.55B (period ending January 31, 2026).
How has Dollar Tree buyback spend changed year-over-year?
Dollar Tree (DLTR) buyback spend changed +287.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Dollar Tree buyback spend?
Dollar Tree (DLTR) buyback spend compound annual growth rate is +31.1% over the most recent 5 years available.
When did Dollar Tree buyback spend hit its highest annual value?
Dollar Tree buyback spend reached its highest annual value of $1.55B in 2025.
What was Dollar Tree buyback spend in 2024?
Dollar Tree (DLTR) buyback spend in 2024 was $400.00M.
What was Dollar Tree buyback spend in 2025?
Dollar Tree (DLTR) buyback spend in 2025 was $1.55B.
Explore more
DLTR Overview
Company profile, financial tools, and key metrics
DLTR Revenue Counter
Earns $615.54 every second. See per minute, hour, and day.
DLTR Earnings Counter
Earns $40.67 per second net profit. See per minute, hour, and day.
DLTR Economic Scale
Exceeds Botswana's GDP. Compare with world economies.
DLTR What If Invested
What if you had invested $1,000? See historical returns from any date.
DLTR How It Makes Money
Discover visual breakdown of $19.41B in revenue — where it comes from and where it goes.
DLTR Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
DLTR Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
DLTR Daily Price Character
Explosive · 49.6% historical win rate (green days). Streaks & record days.
DLTR Stock Split History
6 splits on record. Dates, ratios, and cumulative multiple.
DLTR Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.