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Dollar TreeDLTR +1.66%79 Earnings Yield (Joel Greenblatt) % is 6.89% as of Apr. 2026, which is 30% above its 10-year median of 5.30. GuruFocus rates DLTR with a GF Score™ of 79/100 and a GF Value™ of $148.03 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 315 Retail - Defensive companies, Dollar Tree ranks worse than 57.14% on this metric.
Dollar Tree's Enterprise Value for the quarter that ended in Apr. 2026 was $25,366 Mil.
Dollar Tree's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $1,748 Mil. Dollar Tree's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 6.89%.
The historical rank and industry rank for Dollar Tree's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DLTR'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.72 Med: 5.3 Max: 11.43
Current: 5.52
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dollar Tree was 11.43%. The lowest was -3.72%. And the median was 5.30%.
DLTR's Earnings Yield (Joel Greenblatt) % is ranked worse than 57.14% of 315
companies
in the Retail - Defensive industry
Industry Median: 6.56
vs DLTR: 5.52
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Dollar Tree's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 2.80%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Dollar Tree (NAS:DLTR) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Dollar Tree Earnings Yield (Joel Greenblatt) % Related Terms
Dollar Tree Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Dollar Tree's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dollar Tree Earnings Yield (Joel Greenblatt) % Chart
For the Discount Stores subindustry, Dollar Tree's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dollar Tree Earnings Yield (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Dollar Tree's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dollar Tree's Earnings Yield (Joel Greenblatt) % falls into.
Dollar Tree Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Dollar Trees Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2026 is calculated as
Dollar Tree's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,748 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.89% mean?
Dollar Tree (DLTR) has a Earnings Yield (Joel Greenblatt) % of 6.89% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Dollar Tree and its competitors. This is 30% above median its historical median of 5.30. According to the industry distribution chart, Dollar Tree ranks #180 out of 315 companies in the Retail - Defensive industry, placing it in the top 57.1%.
Is Dollar Tree's Earnings Yield (Joel Greenblatt) % too high?
Dollar Tree's current Earnings Yield (Joel Greenblatt) % of 6.89% is 30% above median its 10-year median of 5.30. The Retail - Defensive industry median Earnings Yield (Joel Greenblatt) % is 6.56. Dollar Tree's value of 6.89% is 5% above this industry median. Based on the distribution chart, Dollar Tree ranks #180 out of 315 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Dollar Tree has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dollar Tree's Earnings Yield (Joel Greenblatt) % compare to DG and BJ?
According to the Retail - Defensive industry distribution chart, Dollar Tree ranks #180 out of 315 companies for Earnings Yield (Joel Greenblatt) %. This places Dollar Tree in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.56. Dollar Tree's value of 6.89% is 5% above this benchmark. While the company's 10-year median is 5.30 vs. the industry median of 6.56, Dollar Tree has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Retail - Defensive company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Defensive companies is 6.56, based on 315 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dollar Tree's current Earnings Yield (Joel Greenblatt) % of 6.89% is 5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Dollar Tree and its competitors. For the Retail - Defensive industry, the median Earnings Yield (Joel Greenblatt) % is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollar Tree's current Earnings Yield (Joel Greenblatt) % is 6.89%, which is 30% above median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollar Tree stock overvalued right now?
Based on GuruFocus' analysis, Dollar Tree (DLTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $148.03, compared to a current price of $130.59 — trading 11.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.89%, which is 30% above median its 10-year median of 5.30 and 5% above the Retail - Defensive industry median of 6.56. Dollar Tree's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Dollar Tree (DLTR), the current Earnings Yield (Joel Greenblatt) % is 6.89% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dollar Tree (DLTR) Overvalued in 2026?
Based on GuruFocus' analysis, Dollar Tree stock appears to be undervalued.
The current stock price of $130.59 is trading 11.8% below its estimated GF Value™ of $148.03.
GuruFocus considers Dollar Tree to be Modestly Undervalued.
Key valuation signals for DLTR:
Earnings Yield (Joel Greenblatt) %: 6.89% (30% above median its 10-year median of 5.30)
GF Value™: $148.03 vs. price of $130.59 (11.8% below fair value)
Industry Position: 5% above the Retail - Defensive median (#180 of 315)
No single metric tells the full story. See the DLTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1986, Dollar Tree operates almost 9,000 small-box discount stores across the United States and Canada, offering roughly 85% of its merchandise under $2. The chain targets value-conscious suburban and urban shoppers with a mix of consumables (49% of sales), variety (45%), and seasonal goods (6%). In fiscal 2025, Dollar Tree generated over $19 billion in sales, through its multi-price strategy, higher-margin discretionary assortments, and private-label products that account for nearly one-third of sales.
79GF Score
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