Dollar Tree management check
DLTR · Consumer Staples · Consumer Staples Merchandise Retail · CEO Mr. Creedon
Filings as of
2 good · 2 to watch · 2 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2022 grew to $116, against $168 for the peer group the company picked itself.
- Watch
Does pay follow performance?
Pay only loosely tracked returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.11 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
1.2% of net income$14.8m of reported pay in fiscal 2026, against $1.3bn of net income.
- n/a
Do they own the stock?
No recent CEO filingLight activity: no buys, $471k sold in six months.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -3.1% a year over the last three fiscal years. Stock-based pay was 0.3% of revenue in the latest year.
- Flag
Is leadership stable?
14 leadership filings in 3 yearsCEO in the pay table: Mr. Creedon. 14 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Consumer Staples.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 11 | 31 | |
| Pay for performance | 55 | 84 | |
| CEO cost | 45 | 40 | |
| Skin in the game | — | — | 65 |
| Dilution | 89 | 60 | |
| Stable leadership | 55 | 70 | |
| Clean books | 100 | 100 |
Closest peers
Others in Consumer Staples Merchandise Retail, by management score. Dollar Tree is 23rd of 33 in its sector.
- 37WMTWalmart83
- 71COSTCostco78
- 259DGDollar General64
- 291TGTTarget Corporation62
- 308CLXClorox61
- 334DLTRDollar Tree59
Pay versus performance
From the proxy statement filed May 1, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2026 | Mr. Creedon | $14.8m | $20.9m | $4.6m | $116 | $168 | $1.3bn |
| 2025 | — | $7.7m | $4.4m | $4.6m | $72 | $152 | −$3.0bn |
| 2024 | — | $3.4m | −$12.6m | $4.1m | $136 | $132 | −$998.4m |
| 2023 | — | $14.0m | $20.7m | $22.4m | $148 | $126 | $1.6bn |
| 2022 | — | $10.2m | $15.3m | $4.5m | $126 | $125 | $1.3bn |
The board says pay is tied most to Adjusted Operating Income. Its other key measures: Adjusted Total Revenue, Adjusted Earnings Per Share.
Insiders and the CEO's stake
Light activity: no buys, $471k sold in six months.
- SoldRobert AflatooniChief Information Officer$315kAug 31, 2026
- SoldStephanie StahlDirector$156kSep 4, 2026
Leadership and governance on file
- Jan 30, 2026Leadership change8-K/A 5.02
- Sep 9, 2025Leadership change8-K 5.02
- Jun 20, 2025Leadership change8-K/A 5.02
- Mar 5, 2025Leadership change8-K 5.02
- Feb 28, 2025Leadership change8-K 5.02
- Jan 21, 2025Leadership change8-K 5.02
- Jan 10, 2025Leadership change8-K 5.02
- Dec 19, 2024Leadership change8-K 5.02
- Dec 4, 2024Leadership change8-K 5.02
- Dec 4, 2024Leadership change8-K 5.02
- Nov 15, 2024Leadership change8-K 5.02
- Nov 4, 2024Leadership change8-K 5.02
Latest shareholder vote results: Jun 23, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $4.0bn returned to owners in buybacks and dividends, 2050% of net income, and $413.5m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $26.3bn | $15.4bn | $16.8bn | $17.6bn | $19.4bn |
| Net income | $1.3bn | $1.6bn | −$998.4m | −$3.0bn | $1.3bn |
| Stock-based pay | $79.9m | $91.5m | $76.3m | $106.9m | $58.9m |
| Buybacks | $950.0m | $647.5m | $500.0m | $400.0m | $1.5bn |
| Dividends | — | — | — | — | — |
| Diluted shares | 229m | 224m | 220m | 216m | 206m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.