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Side-by-side financial comparison of Dollar Tree (DLTR) and PayPal (PYPL). Click either name above to swap in a different company.
PayPal is the larger business by last-quarter revenue ($8.7B vs $4.7B, roughly 1.8× Dollar Tree). PayPal runs the higher net margin — 16.6% vs 5.2%, a 11.4% gap on every dollar of revenue. On growth, PayPal posted the faster year-over-year revenue change (3.7% vs -37.2%). PayPal produced more free cash flow last quarter ($2.2B vs $-57.1M). Over the past eight quarters, PayPal's revenue compounded faster (6.2% CAGR vs -25.9%).
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.
PayPalPYPLEarnings & Financial Report
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial and company users.
DLTR vs PYPL — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.7B | $8.7B |
| Net Profit | $244.6M | $1.4B |
| Gross Margin | 35.8% | — |
| Operating Margin | 7.2% | 17.4% |
| Net Margin | 5.2% | 16.6% |
| Revenue YoY | -37.2% | 3.7% |
| Net Profit YoY | 4.8% | 28.2% |
| EPS (diluted) | $1.20 | $1.53 |
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 | $4.7B | $8.7B | ||
| Q3 25 | $4.6B | $8.4B | ||
| Q2 25 | $4.6B | $8.3B | ||
| Q1 25 | $5.0B | $7.8B | ||
| Q4 24 | $7.6B | $8.4B | ||
| Q3 24 | $7.4B | $7.8B | ||
| Q2 24 | $7.6B | $7.9B | ||
| Q1 24 | $8.6B | $7.7B |
| Q4 25 | $244.6M | $1.4B | ||
| Q3 25 | $188.4M | $1.2B | ||
| Q2 25 | $343.4M | $1.3B | ||
| Q1 25 | $-3.7B | $1.3B | ||
| Q4 24 | $233.3M | $1.1B | ||
| Q3 24 | $132.4M | $1.0B | ||
| Q2 24 | $300.1M | $1.1B | ||
| Q1 24 | $-1.7B | $888.0M |
| 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 | 7.2% | 17.4% | ||
| Q3 25 | 5.1% | 18.1% | ||
| Q2 25 | 8.3% | 18.1% | ||
| Q1 25 | — | 19.6% | ||
| Q4 24 | 4.4% | 17.2% | ||
| Q3 24 | 2.8% | 17.7% | ||
| Q2 24 | 5.5% | 16.8% | ||
| Q1 24 | -21.9% | 15.2% |
| Q4 25 | 5.2% | 16.6% | ||
| Q3 25 | 4.1% | 14.8% | ||
| Q2 25 | 7.4% | 15.2% | ||
| Q1 25 | -74.0% | 16.5% | ||
| Q4 24 | 3.1% | 13.4% | ||
| Q3 24 | 1.8% | 12.9% | ||
| Q2 24 | 3.9% | 14.3% | ||
| Q1 24 | -19.8% | 11.5% |
| Q4 25 | $1.20 | $1.53 | ||
| Q3 25 | $0.91 | $1.30 | ||
| Q2 25 | $1.61 | $1.29 | ||
| Q1 25 | $-17.17 | $1.29 | ||
| Q4 24 | $1.08 | $1.09 | ||
| Q3 24 | $0.62 | $0.99 | ||
| Q2 24 | $1.38 | $1.08 | ||
| Q1 24 | $-7.78 | $0.83 |
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 | $10.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.5B | $20.3B |
| Total Assets | $13.7B | $80.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $594.8M | $10.4B | ||
| Q3 25 | $666.3M | $10.8B | ||
| Q2 25 | $1.0B | $10.0B | ||
| Q1 25 | $1.3B | $11.2B | ||
| Q4 24 | $697.6M | $10.8B | ||
| Q3 24 | $570.3M | $11.9B | ||
| Q2 24 | $618.5M | $13.6B | ||
| Q1 24 | $684.9M | $14.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $3.4B | — |
| Q4 25 | $3.5B | $20.3B | ||
| Q3 25 | $3.6B | $20.2B | ||
| Q2 25 | $3.9B | $20.2B | ||
| Q1 25 | $4.0B | $20.3B | ||
| Q4 24 | $7.6B | $20.4B | ||
| Q3 24 | $7.4B | $20.2B | ||
| Q2 24 | $7.3B | $20.6B | ||
| Q1 24 | $7.3B | $20.7B |
| Q4 25 | $13.7B | $80.2B | ||
| Q3 25 | $13.4B | $79.8B | ||
| Q2 25 | $18.3B | $79.8B | ||
| Q1 25 | $18.6B | $81.3B | ||
| Q4 24 | $23.3B | $81.6B | ||
| Q3 24 | $22.6B | $83.5B | ||
| Q2 24 | $22.1B | $84.0B | ||
| Q1 24 | $22.0B | $83.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 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 | $319.3M | $2.4B |
| Free Cash FlowOCF − Capex | $-57.1M | $2.2B |
| FCF MarginFCF / Revenue | -1.2% | 25.2% |
| Capex IntensityCapex / Revenue | 7.9% | 2.2% |
| Cash ConversionOCF / Net Profit | 1.31× | 1.66× |
| TTM Free Cash FlowTrailing 4 quarters | $394.5M | $5.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $319.3M | $2.4B | ||
| Q3 25 | $260.7M | $2.0B | ||
| Q2 25 | $378.5M | $898.0M | ||
| Q1 25 | $405.1M | $1.2B | ||
| Q4 24 | $785.6M | $2.4B | ||
| Q3 24 | $306.9M | $1.6B | ||
| Q2 24 | $695.7M | $1.5B | ||
| Q1 24 | $1.3B | $1.9B |
| Q4 25 | $-57.1M | $2.2B | ||
| Q3 25 | $15.6M | $1.7B | ||
| Q2 25 | $129.7M | $692.0M | ||
| Q1 25 | $306.3M | $964.0M | ||
| Q4 24 | $359.2M | $2.2B | ||
| Q3 24 | $-193.8M | $1.4B | ||
| Q2 24 | $223.5M | $1.4B | ||
| Q1 24 | $470.8M | $1.8B |
| Q4 25 | -1.2% | 25.2% | ||
| Q3 25 | 0.3% | 20.4% | ||
| Q2 25 | 2.8% | 8.3% | ||
| Q1 25 | 6.1% | 12.4% | ||
| Q4 24 | 4.8% | 26.2% | ||
| Q3 24 | -2.6% | 18.4% | ||
| Q2 24 | 2.9% | 17.3% | ||
| Q1 24 | 5.5% | 22.9% |
| Q4 25 | 7.9% | 2.2% | ||
| Q3 25 | 5.4% | 3.0% | ||
| Q2 25 | 5.4% | 2.5% | ||
| Q1 25 | 2.0% | 2.5% | ||
| Q4 24 | 5.6% | 2.4% | ||
| Q3 24 | 6.8% | 2.2% | ||
| Q2 24 | 6.2% | 2.0% | ||
| Q1 24 | 9.1% | 2.0% |
| Q4 25 | 1.31× | 1.66× | ||
| Q3 25 | 1.38× | 1.58× | ||
| Q2 25 | 1.10× | 0.71× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | 3.37× | 2.14× | ||
| Q3 24 | 2.32× | 1.60× | ||
| Q2 24 | 2.32× | 1.35× | ||
| Q1 24 | — | 2.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLTR
| Consumable | $2.4B | 50% |
| Variety | $2.1B | 43% |
| Seasonal | $344.1M | 7% |
PYPL
| US | $4.9B | 57% |
| Non Us | $3.7B | 43% |
