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Side-by-side financial comparison of Dollar Tree (DLTR) and Workday, Inc. (WDAY). Click either name above to swap in a different company.
Dollar Tree is the larger business by last-quarter revenue ($4.7B vs $2.4B, roughly 2.0× Workday, Inc.). Workday, Inc. runs the higher net margin — 10.4% vs 5.2%, a 5.2% gap on every dollar of revenue. On growth, Workday, Inc. posted the faster year-over-year revenue change (12.6% vs -37.2%). Workday, Inc. produced more free cash flow last quarter ($550.0M vs $-57.1M). Over the past eight quarters, Workday, Inc.'s revenue compounded faster (12.5% 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.
Workday, Inc. is a leading global enterprise cloud software provider that develops and distributes human capital management, financial management, and enterprise resource planning solutions. It caters primarily to mid-sized and large organizations across sectors including education, healthcare, finance, and technology, with operations spanning North America, Europe, and Asia Pacific.
DLTR vs WDAY — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.7B | $2.4B |
| Net Profit | $244.6M | $252.0M |
| Gross Margin | 35.8% | — |
| Operating Margin | 7.2% | 10.6% |
| Net Margin | 5.2% | 10.4% |
| Revenue YoY | -37.2% | 12.6% |
| Net Profit YoY | 4.8% | 30.6% |
| EPS (diluted) | $1.20 | $0.94 |
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 | $2.4B | ||
| Q3 25 | $4.6B | $2.3B | ||
| Q2 25 | $4.6B | $2.2B | ||
| Q1 25 | $5.0B | $2.2B | ||
| Q4 24 | $7.6B | $2.2B | ||
| Q3 24 | $7.4B | $2.1B | ||
| Q2 24 | $7.6B | $2.0B | ||
| Q1 24 | $8.6B | $1.9B |
| Q4 25 | $244.6M | $252.0M | ||
| Q3 25 | $188.4M | $228.0M | ||
| Q2 25 | $343.4M | $68.0M | ||
| Q1 25 | $-3.7B | $94.0M | ||
| Q4 24 | $233.3M | $193.0M | ||
| Q3 24 | $132.4M | $132.0M | ||
| Q2 24 | $300.1M | $107.0M | ||
| Q1 24 | $-1.7B | $1.2B |
| 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% | 10.6% | ||
| Q3 25 | 5.1% | 10.6% | ||
| Q2 25 | 8.3% | 1.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | 4.4% | 7.6% | ||
| Q3 24 | 2.8% | 5.3% | ||
| Q2 24 | 5.5% | 3.2% | ||
| Q1 24 | -21.9% | 4.1% |
| Q4 25 | 5.2% | 10.4% | ||
| Q3 25 | 4.1% | 9.7% | ||
| Q2 25 | 7.4% | 3.0% | ||
| Q1 25 | -74.0% | 4.3% | ||
| Q4 24 | 3.1% | 8.9% | ||
| Q3 24 | 1.8% | 6.3% | ||
| Q2 24 | 3.9% | 5.4% | ||
| Q1 24 | -19.8% | 61.8% |
| Q4 25 | $1.20 | $0.94 | ||
| Q3 25 | $0.91 | $0.84 | ||
| Q2 25 | $1.61 | $0.25 | ||
| Q1 25 | $-17.17 | $0.34 | ||
| Q4 24 | $1.08 | $0.72 | ||
| Q3 24 | $0.62 | $0.49 | ||
| Q2 24 | $1.38 | $0.40 | ||
| Q1 24 | $-7.78 | $4.48 |
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 | $6.8B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.5B | $8.9B |
| Total Assets | $13.7B | $17.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $594.8M | $6.8B | ||
| Q3 25 | $666.3M | $8.2B | ||
| Q2 25 | $1.0B | $8.0B | ||
| Q1 25 | $1.3B | $8.0B | ||
| Q4 24 | $697.6M | $7.2B | ||
| Q3 24 | $570.3M | $7.4B | ||
| Q2 24 | $618.5M | $7.2B | ||
| Q1 24 | $684.9M | $7.8B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | $3.4B | $3.0B |
| Q4 25 | $3.5B | $8.9B | ||
| Q3 25 | $3.6B | $9.2B | ||
| Q2 25 | $3.9B | $8.9B | ||
| Q1 25 | $4.0B | $9.0B | ||
| Q4 24 | $7.6B | $8.6B | ||
| Q3 24 | $7.4B | $8.3B | ||
| Q2 24 | $7.3B | $8.2B | ||
| Q1 24 | $7.3B | $8.1B |
| Q4 25 | $13.7B | $17.8B | ||
| Q3 25 | $13.4B | $18.0B | ||
| Q2 25 | $18.3B | $17.2B | ||
| Q1 25 | $18.6B | $18.0B | ||
| Q4 24 | $23.3B | $16.4B | ||
| Q3 24 | $22.6B | $16.2B | ||
| Q2 24 | $22.1B | $15.9B | ||
| Q1 24 | $22.0B | $16.5B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | 0.47× | 0.37× |
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 | $588.0M |
| Free Cash FlowOCF − Capex | $-57.1M | $550.0M |
| FCF MarginFCF / Revenue | -1.2% | 22.6% |
| Capex IntensityCapex / Revenue | 7.9% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.31× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $394.5M | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $319.3M | $588.0M | ||
| Q3 25 | $260.7M | $616.0M | ||
| Q2 25 | $378.5M | $457.0M | ||
| Q1 25 | $405.1M | $1.1B | ||
| Q4 24 | $785.6M | $406.0M | ||
| Q3 24 | $306.9M | $571.0M | ||
| Q2 24 | $695.7M | $372.0M | ||
| Q1 24 | $1.3B | $995.6M |
| Q4 25 | $-57.1M | $550.0M | ||
| Q3 25 | $15.6M | $588.0M | ||
| Q2 25 | $129.7M | $421.0M | ||
| Q1 25 | $306.3M | $1.0B | ||
| Q4 24 | $359.2M | $359.0M | ||
| Q3 24 | $-193.8M | $516.0M | ||
| Q2 24 | $223.5M | $291.0M | ||
| Q1 24 | $470.8M | $947.6M |
| Q4 25 | -1.2% | 22.6% | ||
| Q3 25 | 0.3% | 25.0% | ||
| Q2 25 | 2.8% | 18.8% | ||
| Q1 25 | 6.1% | 46.4% | ||
| Q4 24 | 4.8% | 16.6% | ||
| Q3 24 | -2.6% | 24.7% | ||
| Q2 24 | 2.9% | 14.6% | ||
| Q1 24 | 5.5% | 49.3% |
| Q4 25 | 7.9% | 1.6% | ||
| Q3 25 | 5.4% | 1.2% | ||
| Q2 25 | 5.4% | 1.6% | ||
| Q1 25 | 2.0% | 3.9% | ||
| Q4 24 | 5.6% | 2.2% | ||
| Q3 24 | 6.8% | 2.6% | ||
| Q2 24 | 6.2% | 4.1% | ||
| Q1 24 | 9.1% | 2.5% |
| Q4 25 | 1.31× | 2.33× | ||
| Q3 25 | 1.38× | 2.70× | ||
| Q2 25 | 1.10× | 6.72× | ||
| Q1 25 | — | 11.83× | ||
| Q4 24 | 3.37× | 2.10× | ||
| Q3 24 | 2.32× | 4.33× | ||
| Q2 24 | 2.32× | 3.48× | ||
| Q1 24 | — | 0.84× |
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% |
WDAY
| Subscription Services | $2.2B | 92% |
| Professional Services | $188.0M | 8% |
