Buyback yield (TTM)
9.16%
Shareholder yield (TTM)
9.16%
5Y share count change
-13.1%
Buyback spend (TTM)
$1.71B
Cumulative buybacks
$8.45B
Key takeaways
- Dollar Tree (DLTR) repurchased about $1.71B 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 22.10× — 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 109% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Dollar Tree (DLTR)
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.
Diluted vs basic shares (annual) for Dollar Tree (DLTR)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Dollar Tree (DLTR)
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.
Cash buyback spend over time for Dollar Tree (DLTR)
Latest: $1.55B
Overview
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 mixed annual results across the window.
2025 marks the peak buyback spend at $1.55B, with the historical low of $0.00 recorded in 1995.
Dollar Tree Buyback Spend 2025: $1.55B
In 2025, Dollar Tree reported buyback spend of $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
2023's buyback spend for Dollar Tree came in at $500.00M, declined 22.8% below 2022.
Dollar Tree Buyback Spend 2022: $647.50M
Dollar Tree posted buyback spend of $647.50M in 2022, 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).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.55B | $58.90M | $1.49B | 6.61% | 0.21B | -4.4% | |
| 2024 | $400.00M | $106.90M | $293.10M | 2.54% | 0.22B | -1.6% | |
| 2023 | $500.00M | $96.70M | $403.30M | 1.65% | 0.22B | -2.1% | |
| 2022 | $647.50M | $110.40M | $537.10M | 1.95% | 0.22B | -2.1% | |
| 2021 | $950.00M | $79.90M | $870.10M | 3.29% | 0.23B | -3.5% | |
| 2020 | $400.00M | $83.90M | $316.10M | 1.68% | 0.24B | -0.4% | |
| 2019 | $200.00M | $61.40M | $138.60M | 0.97% | 0.24B | -0.2% | |
| 2018 | $23.20M | $63.10M | −$39.90M | 0.10% | 0.24B | +0.4% | |
| 2017 | $27.40M | $65.70M | −$38.30M | 0.11% | 0.24B | +0.4% | |
| 2016 | $22.20M | $61.60M | −$39.40M | 0.13% | 0.24B | +6.0% | |
| 2015 | $21.60M | $53.20M | −$31.60M | 0.11% | 0.22B | +8.0% | |
| 2014 | $16.00M | $38.30M | −$22.30M | 0.11% | 0.21B | -5.5% | |
| 2013 | $1.11B | $37.00M | $1.08B | 10.58% | 0.22B | -5.0% | |
| 2012 | $340.20M | $35.50M | $304.70M | 3.76% | 0.23B | -4.8% | |
| 2011 | $645.90M | $31.60M | $614.30M | 6.54% | 0.24B | -5.3% | |
| 2010 | $417.10M | $28.30M | $388.80M | 6.55% | 0.26B | -5.2% | |
| 2009 | $190.70M | $21.70M | $169.00M | 4.37% | 0.27B | -0.9% | |
| 2008 | $0.00 | $16.70M | −$16.70M | — | 0.27B | -5.8% | |
| 2007 | $473.00M | $11.30M | $461.70M | 18.68% | 0.29B | -7.1% | |
| 2006 | $248.20M | $6.70M | $241.50M | 7.76% | 0.31B | -4.6% | |
| 2005 | $180.40M | $0.00 | $180.40M | 6.76% | 0.33B | -4.6% | |
| 2004 | $48.61M | $15.11M | $33.51M | 1.61% | 0.34B | -1.2% | |
| 2003 | $38.05M | $0.00 | $38.05M | 1.04% | 0.35B | +0.7% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.34B | +1.4% | |
| 2001 | $3.77M | $0.00 | $3.77M | 0.11% | 0.34B | +1.4% | |
| 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 | — | — | — |
- 2025$1.55B
- 2024$400.00M
- 2023$500.00M
- 2022$647.50M
- 2021$950.00M
- 2020$400.00M
- 2019$200.00M
- 2018$23.20M
- 2017$27.40M
- 2016$22.20M
- 2015$21.60M
- 2014$16.00M
- 2013$1.11B
- 2012$340.20M
- 2011$645.90M
- 2010$417.10M
- 2009$190.70M
- 2008$0.00
- 2007$473.00M
- 2006$248.20M
- 2005$180.40M
- 2004$48.61M
- 2003$38.05M
- 2002$0.00
- 2001$3.77M
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
Buybacks vs stock-based compensation for Dollar Tree (DLTR)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 22.10×.
Buybacks vs dividends (share of cash returned) for Dollar Tree (DLTR)
How Dollar Tree splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Dollar Tree, ranked by their latest buyback spend.
| $8.09B | |
| $6.50B | |
| $1.00B | |
| $1.00B | |
| $903.00M | |
| $746.00M | |
| $103.65M | |
| $0.00 |
- $8.09B
- $6.50B
- $1.00B
- $1.00B
- $903.00M
- $746.00M
- $103.65M
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 $1.56B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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