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Side-by-side financial comparison of Athene Holding Ltd. (ATHS) and Dollar Tree (DLTR). Click either name above to swap in a different company.
Athene Holding Ltd. is the larger business by last-quarter revenue ($8.1B vs $4.7B, roughly 1.7× Dollar Tree). Athene Holding Ltd. runs the higher net margin — 6.4% vs 5.2%, a 1.3% gap on every dollar of revenue. On growth, Athene Holding Ltd. posted the faster year-over-year revenue change (115.1% vs -37.2%). Over the past eight quarters, Athene Holding Ltd.'s revenue compounded faster (19.2% CAGR vs -25.9%).
Athene Holding Ltd. is a leading US-focused retirement services provider. It offers fixed, indexed and variable annuity products plus tailored retirement savings solutions for individual consumers and institutional clients, aiming to help customers secure long-term financial stability for their retirement.
Dollar Tree, Inc., formerly known as Dollar Tree Stores, Inc., is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of 24 distribution centers.
ATHS vs DLTR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.1B | $4.7B |
| Net Profit | $523.0M | $244.6M |
| Gross Margin | — | 35.8% |
| Operating Margin | 16.9% | 7.2% |
| Net Margin | 6.4% | 5.2% |
| Revenue YoY | 115.1% | -37.2% |
| Net Profit YoY | -48.5% | 4.8% |
| EPS (diluted) | — | $1.20 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $8.1B | $4.7B | ||
| Q3 25 | $8.0B | $4.6B | ||
| Q2 25 | $5.4B | $4.6B | ||
| Q1 25 | $4.2B | $5.0B | ||
| Q4 24 | $3.8B | $7.6B | ||
| Q3 24 | $6.5B | $7.4B | ||
| Q2 24 | $4.7B | $7.6B | ||
| Q1 24 | $5.7B | $8.6B |
| Q4 25 | $523.0M | $244.6M | ||
| Q3 25 | $1.3B | $188.4M | ||
| Q2 25 | $464.0M | $343.4M | ||
| Q1 25 | $465.0M | $-3.7B | ||
| Q4 24 | $1.0B | $233.3M | ||
| Q3 24 | $625.0M | $132.4M | ||
| Q2 24 | $629.0M | $300.1M | ||
| Q1 24 | $1.2B | $-1.7B |
| Q4 25 | — | 35.8% | ||
| Q3 25 | — | 34.4% | ||
| Q2 25 | — | 35.6% | ||
| Q1 25 | — | 37.6% | ||
| Q4 24 | — | 30.9% | ||
| Q3 24 | — | 30.0% | ||
| Q2 24 | — | 30.8% | ||
| Q1 24 | — | 32.1% |
| Q4 25 | 16.9% | 7.2% | ||
| Q3 25 | 26.8% | 5.1% | ||
| Q2 25 | 12.2% | 8.3% | ||
| Q1 25 | 22.3% | — | ||
| Q4 24 | 30.4% | 4.4% | ||
| Q3 24 | 25.7% | 2.8% | ||
| Q2 24 | 22.0% | 5.5% | ||
| Q1 24 | 31.1% | -21.9% |
| Q4 25 | 6.4% | 5.2% | ||
| Q3 25 | 15.7% | 4.1% | ||
| Q2 25 | 8.7% | 7.4% | ||
| Q1 25 | 11.1% | -74.0% | ||
| Q4 24 | 26.8% | 3.1% | ||
| Q3 24 | 9.6% | 1.8% | ||
| Q2 24 | 13.5% | 3.9% | ||
| Q1 24 | 20.8% | -19.8% |
| Q4 25 | — | $1.20 | ||
| Q3 25 | — | $0.91 | ||
| Q2 25 | — | $1.61 | ||
| Q1 25 | — | $-17.17 | ||
| Q4 24 | — | $1.08 | ||
| Q3 24 | — | $0.62 | ||
| Q2 24 | — | $1.38 | ||
| Q1 24 | — | $-7.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $594.8M |
| Total DebtLower is stronger | $7.8B | — |
| Stockholders' EquityBook value | $20.5B | $3.5B |
| Total Assets | $442.2B | $13.7B |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $594.8M | ||
| Q3 25 | — | $666.3M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $697.6M | ||
| Q3 24 | — | $570.3M | ||
| Q2 24 | — | $618.5M | ||
| Q1 24 | $15.3B | $684.9M |
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.9B | — | ||
| Q1 25 | $6.3B | $3.4B | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.7B | $3.4B |
| Q4 25 | $20.5B | $3.5B | ||
| Q3 25 | $20.4B | $3.6B | ||
| Q2 25 | $18.1B | $3.9B | ||
| Q1 25 | $17.5B | $4.0B | ||
| Q4 24 | $16.4B | $7.6B | ||
| Q3 24 | $17.4B | $7.4B | ||
| Q2 24 | $15.0B | $7.3B | ||
| Q1 24 | $14.8B | $7.3B |
| Q4 25 | $442.2B | $13.7B | ||
| Q3 25 | $429.9B | $13.4B | ||
| Q2 25 | $405.3B | $18.3B | ||
| Q1 25 | $381.5B | $18.6B | ||
| Q4 24 | $363.3B | $23.3B | ||
| Q3 24 | $355.0B | $22.6B | ||
| Q2 24 | $332.6B | $22.1B | ||
| Q1 24 | $320.6B | $22.0B |
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | 0.86× | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.38× | — | ||
| Q1 24 | 0.39× | 0.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | $319.3M |
| Free Cash FlowOCF − Capex | — | $-57.1M |
| FCF MarginFCF / Revenue | — | -1.2% |
| Capex IntensityCapex / Revenue | — | 7.9% |
| Cash ConversionOCF / Net Profit | 5.82× | 1.31× |
| TTM Free Cash FlowTrailing 4 quarters | — | $394.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0B | $319.3M | ||
| Q3 25 | $636.0M | $260.7M | ||
| Q2 25 | $1.1B | $378.5M | ||
| Q1 25 | $426.0M | $405.1M | ||
| Q4 24 | $386.0M | $785.6M | ||
| Q3 24 | $780.0M | $306.9M | ||
| Q2 24 | $525.0M | $695.7M | ||
| Q1 24 | $185.0M | $1.3B |
| Q4 25 | — | $-57.1M | ||
| Q3 25 | — | $15.6M | ||
| Q2 25 | — | $129.7M | ||
| Q1 25 | — | $306.3M | ||
| Q4 24 | — | $359.2M | ||
| Q3 24 | — | $-193.8M | ||
| Q2 24 | — | $223.5M | ||
| Q1 24 | — | $470.8M |
| Q4 25 | — | -1.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | -2.6% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 5.5% |
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 6.2% | ||
| Q1 24 | — | 9.1% |
| Q4 25 | 5.82× | 1.31× | ||
| Q3 25 | 0.51× | 1.38× | ||
| Q2 25 | 2.28× | 1.10× | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | 0.38× | 3.37× | ||
| Q3 24 | 1.25× | 2.32× | ||
| Q2 24 | 0.83× | 2.32× | ||
| Q1 24 | 0.16× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATHS
Segment breakdown not available.
DLTR
| Consumable | $2.4B | 50% |
| Variety | $2.1B | 43% |
| Seasonal | $344.1M | 7% |
