Question 1

What is Dollar Tree's P/E ratio?

Accepted Answer

Dollar Tree (DLTR) P/E ratio is 18.7× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Dollar Tree?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Dollar Tree specifically, the relevant sector benchmark is the current sector median of 22.6×.

Question 5

Is Dollar Tree's P/E ratio high or low?

Accepted Answer

Dollar Tree's P/E ratio of 18.7× is below its own 5-year average of 20.9× and below the sector median of 22.6×. That places the current reading at the 21th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Dollar Tree's historical P/E ratio range?

Accepted Answer

In the available daily series, Dollar Tree (DLTR) P/E ratio has ranged from a low of 11.5× in 2018 to a high of 67.6× in 2016. The 5-year average is 20.9× and the 5-year median is 21.2×.

Question 7

What was Dollar Tree's P/E ratio in 2026?

Accepted Answer

Dollar Tree (DLTR) P/E ratio at the end of 2026 was 18.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Dollar Tree's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$23.4B	$1.28B	18.3×	—	Jan 31, 2026
2025	$15.8B	-$3.03B	—	—	Feb 1, 2025
2024	$30.2B	-$998M	—	—	Feb 3, 2024
2023	$33.2B	$1.62B	20.6×	-1.2×	Jan 28, 2023
2022	$28.9B	$1.33B	21.8×	+4.0×	Jan 29, 2022
2021	$23.8B	$1.34B	17.8×	-7.1×	Jan 30, 2021
2020	$20.6B	$827M	24.9×	—	Feb 1, 2020
2019	$23B	-$1.59B	—	—	Feb 2, 2019
2018	$25.8B	$1.71B	15.1×	-4.4×	Feb 3, 2018
2017	$17.5B	$896M	19.5×	-48.1×	Jan 28, 2017
2016	$19.1B	$282M	67.6×	+44.5×	Jan 30, 2016
2015	$14.6B	$632M	23.1×	+5.5×	Jan 31, 2015
2014	$10.5B	$597M	17.6×	+3.0×	Feb 1, 2014
2013	$9.06B	$619M	14.6×	-5.6×	Feb 2, 2013
2012	$9.87B	$488M	20.2×	+4.2×	Jan 28, 2012
2011	$6.36B	$397M	16.0×	+2.4×	Jan 29, 2011
2010	$4.37B	$321M	13.6×	-3.2×	Jan 30, 2010
2009	$3.87B	$230M	16.9×	+4.3×	Jan 31, 2009
2008	$2.53B	$201M	12.6×	-4.1×	Feb 2, 2008
2007	$3.2B	$192M	16.7×	+1.3×	Feb 3, 2007
2006	$2.67B	$174M	15.3×	-1.4×	Jan 28, 2006
2005	$3.02B	$180M	16.8×	-3.8×	Jan 29, 2005
2004	$3.65B	$178M	20.6×	—	Jan 31, 2004
2002	$2.77B	$155M	17.9×	—	Dec 31, 2002


Monster Beverage (MNST)	34.9×
Colgate-Palmolive (CL)	32.8×
Archer-Daniels-Midland (ADM)	32.5×
Tootsie Roll Industries (TR)	32.2×
Church & Dwight Co. (CHD)	30.1×
Mondelez International (MDLZ)	28.5×
Hormel Foods (HRL)	25.3×
Coca-Cola (KO)	24.1×
Sysco (SYY)	22.6×
Lamb Weston (LW)	21.9×
Marzetti (MZTI)	21.5×
Procter & Gamble (PG)	20.9×
Kenvue (KVUE)	20.4×
Keurig Dr Pepper (KDP)	19.5×
PepsiCo (PEP)	18.8×
Target (TGT)	17.0×
Clorox (CLX)	16.6×
Brown-Forman (BF-B)	16.5×
Dollar General (DG)	16.1×
Kimberly-Clark (KMB)	15.1×
Altria Group (MO)	13.7×
Constellation Brands (STZ)	12.9×
Coca-Cola Europacific Partners (CCEP)	10.9×
Campbell Soup (CPB)	10.0×
McCormick & Company (MKC)	7.7×

P/E Ratio for Dollar Tree (DLTR) 2002-2026

P/E Ratio daily chart for Dollar Tree (DLTR)

Historical P/E Ratio for Dollar Tree (DLTR) from 2002 to 2026

About P/E Ratio at Dollar Tree (DLTR)

Dollar Tree P/E Ratio by Year

Dollar Tree P/E Ratio 2026: 18.3×

Dollar Tree P/E Ratio 2023: 20.6×

Dollar Tree P/E Ratio 2022: 21.8×

Dollar Tree P/E Ratio 2021: 17.8×

Dollar Tree P/E Ratio 2020: 24.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Dollar Tree (DLTR) Key Financials