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Side-by-side financial comparison of Dollar Tree (DLTR) and Viatris (VTRS). Click either name above to swap in a different company.

Dollar Tree is the larger business by last-quarter revenue ($4.7B vs $3.7B, roughly 1.3× Viatris). On growth, Viatris posted the faster year-over-year revenue change (5.0% vs -37.2%). Viatris produced more free cash flow last quarter ($619.3M vs $-57.1M). Over the past eight quarters, Viatris's revenue compounded faster (0.5% 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.

Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania. The corporation was formed through the merger of Mylan and Upjohn, a legacy division of Pfizer, on November 16, 2020.

DLTR vs VTRS — Head-to-Head

Bigger by revenue
DLTR
DLTR
1.3× larger
DLTR
$4.7B
$3.7B
VTRS
Growing faster (revenue YoY)
VTRS
VTRS
+42.2% gap
VTRS
5.0%
-37.2%
DLTR
More free cash flow
VTRS
VTRS
$676.4M more FCF
VTRS
$619.3M
$-57.1M
DLTR
Faster 2-yr revenue CAGR
VTRS
VTRS
Annualised
VTRS
0.5%
-25.9%
DLTR

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DLTR
DLTR
VTRS
VTRS
Revenue
$4.7B
$3.7B
Net Profit
$244.6M
Gross Margin
35.8%
31.1%
Operating Margin
7.2%
-5.2%
Net Margin
5.2%
Revenue YoY
-37.2%
5.0%
Net Profit YoY
4.8%
EPS (diluted)
$1.20
$-0.34

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.

Revenue
DLTR
DLTR
VTRS
VTRS
Q4 25
$4.7B
$3.7B
Q3 25
$4.6B
$3.7B
Q2 25
$4.6B
$3.6B
Q1 25
$5.0B
$3.2B
Q4 24
$7.6B
$3.5B
Q3 24
$7.4B
$3.7B
Q2 24
$7.6B
$3.8B
Q1 24
$8.6B
$3.7B
Net Profit
DLTR
DLTR
VTRS
VTRS
Q4 25
$244.6M
Q3 25
$188.4M
Q2 25
$343.4M
Q1 25
$-3.7B
Q4 24
$233.3M
Q3 24
$132.4M
Q2 24
$300.1M
Q1 24
$-1.7B
Gross Margin
DLTR
DLTR
VTRS
VTRS
Q4 25
35.8%
31.1%
Q3 25
34.4%
36.6%
Q2 25
35.6%
37.3%
Q1 25
37.6%
35.8%
Q4 24
30.9%
34.6%
Q3 24
30.0%
39.0%
Q2 24
30.8%
38.2%
Q1 24
32.1%
41.2%
Operating Margin
DLTR
DLTR
VTRS
VTRS
Q4 25
7.2%
-5.2%
Q3 25
5.1%
4.8%
Q2 25
8.3%
6.5%
Q1 25
-88.9%
Q4 24
4.4%
-5.1%
Q3 24
2.8%
6.0%
Q2 24
5.5%
-6.3%
Q1 24
-21.9%
5.6%
Net Margin
DLTR
DLTR
VTRS
VTRS
Q4 25
5.2%
Q3 25
4.1%
Q2 25
7.4%
Q1 25
-74.0%
Q4 24
3.1%
Q3 24
1.8%
Q2 24
3.9%
Q1 24
-19.8%
EPS (diluted)
DLTR
DLTR
VTRS
VTRS
Q4 25
$1.20
$-0.34
Q3 25
$0.91
$-0.11
Q2 25
$1.61
$0.00
Q1 25
$-17.17
$-2.55
Q4 24
$1.08
$-0.43
Q3 24
$0.62
$0.08
Q2 24
$1.38
$-0.27
Q1 24
$-7.78
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLTR
DLTR
VTRS
VTRS
Cash + ST InvestmentsLiquidity on hand
$594.8M
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$14.7B
Total Assets
$13.7B
$37.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLTR
DLTR
VTRS
VTRS
Q4 25
$594.8M
$1.3B
Q3 25
$666.3M
$975.3M
Q2 25
$1.0B
$566.4M
Q1 25
$1.3B
$755.0M
Q4 24
$697.6M
$734.8M
Q3 24
$570.3M
$1.9B
Q2 24
$618.5M
$917.2M
Q1 24
$684.9M
$1.0B
Total Debt
DLTR
DLTR
VTRS
VTRS
Q4 25
Q3 25
Q2 25
Q1 25
$3.4B
Q4 24
Q3 24
Q2 24
Q1 24
$3.4B
Stockholders' Equity
DLTR
DLTR
VTRS
VTRS
Q4 25
$3.5B
$14.7B
Q3 25
$3.6B
$15.2B
Q2 25
$3.9B
$15.6B
Q1 25
$4.0B
$15.7B
Q4 24
$7.6B
$18.6B
Q3 24
$7.4B
$19.8B
Q2 24
$7.3B
$19.5B
Q1 24
$7.3B
$20.0B
Total Assets
DLTR
DLTR
VTRS
VTRS
Q4 25
$13.7B
$37.2B
Q3 25
$13.4B
$37.9B
Q2 25
$18.3B
$38.4B
Q1 25
$18.6B
$38.5B
Q4 24
$23.3B
$41.5B
Q3 24
$22.6B
$44.8B
Q2 24
$22.1B
$45.3B
Q1 24
$22.0B
$47.3B
Debt / Equity
DLTR
DLTR
VTRS
VTRS
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
DLTR
DLTR
VTRS
VTRS
Operating Cash FlowLast quarter
$319.3M
$815.8M
Free Cash FlowOCF − Capex
$-57.1M
$619.3M
FCF MarginFCF / Revenue
-1.2%
16.8%
Capex IntensityCapex / Revenue
7.9%
5.3%
Cash ConversionOCF / Net Profit
1.31×
TTM Free Cash FlowTrailing 4 quarters
$394.5M
$1.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLTR
DLTR
VTRS
VTRS
Q4 25
$319.3M
$815.8M
Q3 25
$260.7M
$744.9M
Q2 25
$378.5M
$219.7M
Q1 25
$405.1M
$535.5M
Q4 24
$785.6M
$482.7M
Q3 24
$306.9M
$826.5M
Q2 24
$695.7M
$379.1M
Q1 24
$1.3B
$614.6M
Free Cash Flow
DLTR
DLTR
VTRS
VTRS
Q4 25
$-57.1M
$619.3M
Q3 25
$15.6M
$658.1M
Q2 25
$129.7M
$166.8M
Q1 25
$306.3M
$492.9M
Q4 24
$359.2M
$342.3M
Q3 24
$-193.8M
$749.5M
Q2 24
$223.5M
$320.3M
Q1 24
$470.8M
$564.8M
FCF Margin
DLTR
DLTR
VTRS
VTRS
Q4 25
-1.2%
16.8%
Q3 25
0.3%
17.6%
Q2 25
2.8%
4.7%
Q1 25
6.1%
15.2%
Q4 24
4.8%
9.7%
Q3 24
-2.6%
20.1%
Q2 24
2.9%
8.5%
Q1 24
5.5%
15.5%
Capex Intensity
DLTR
DLTR
VTRS
VTRS
Q4 25
7.9%
5.3%
Q3 25
5.4%
2.3%
Q2 25
5.4%
1.5%
Q1 25
2.0%
1.3%
Q4 24
5.6%
4.0%
Q3 24
6.8%
2.1%
Q2 24
6.2%
1.6%
Q1 24
9.1%
1.4%
Cash Conversion
DLTR
DLTR
VTRS
VTRS
Q4 25
1.31×
Q3 25
1.38×
Q2 25
1.10×
Q1 25
Q4 24
3.37×
Q3 24
2.32×
Q2 24
2.32×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLTR
DLTR

Consumable$2.4B50%
Variety$2.1B43%
Seasonal$344.1M7%

VTRS
VTRS

Brands$1.2B32%
Generics$1.1B29%
Lipitor$377.3M10%
Norvasc$175.2M5%
Other$136.6M4%
Lyrica$119.8M3%
Viagra$104.2M3%
Creon$98.9M3%
Epi Pen Auto Injectors$79.0M2%
Yupelri$70.6M2%
Effexor$68.1M2%
Zoloft$66.8M2%
Celebrex$66.2M2%
Xalabrands$42.0M1%
Dymista$38.6M1%

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