Market cap $25.277B
Enterprise value $30.92B
Employees 55,300
Revenue $21.5B
EBITDA $2.43B
Income $996M
EPS 4.19
P/E 25.45
Forward P/E 18.10
EV/EBITDA 12.70
PEG 1.38
Earnings date 2018-03-07
Volume 2.56M / 2.17M
Relative vol. 1.18 ×
Sales Q/Q -5.66%
Sales Y/Y 56.93%
Est. EPS Q/Q 39.71%
Beta 0.61
Mean Recomm. 2.00
IPO year 1995
Country United States
RSI 46.28
Range $104.46 – $107.70
52 weeks $65.63 – $116.65
SMA 50 $110 +3.42%
SMA 200 $96 -9.75%
1 year target $120 +12.34%

Intraday

5 days

1 month

3 months

6 months

1 year

5 years

10 years

All time

Friday, 23 February 2018
zacks
The Zacks Analyst Blog Highlights: Target, Walmart, Dollar Tree, Burlington and Dollar General
investors
Dollar Stores In Expansion Mode As Amazon Launches 'Under $10' Category
Thursday, 22 February 2018
zacks
3 Discount Retail Stocks to Buy Amid Industry Growth
prnewswire
A New $300 Million Urban Mixed-Use Center Comes to Greenbrier
cnbc
JP Morgan: Buy Dollar Tree because lower income earners to get boost from tax cut, wage hikes
cnbc
JP Morgan: Buy Dollar Tree because lower-income earners to get boost from tax cut, wage hikes
Wednesday, 21 February 2018
-1.05%
businesswire
Dollar Tree, Inc. to Host Fourth Quarter Earnings Conference Call
Tuesday, 20 February 2018
+1.04%
zacks
Why COST, ROST, DLTR Are Likely to Trump Earnings Estimates
markit
See what the IHS Markit Score report has to say about Dollar Tree Inc.
Wednesday, 14 February 2018
+2.00%
fool
Amazon.com's Latest Move Proves No Niche Is Safe From It
Tuesday, 13 February 2018
+1.07%
zacks
Will Amazon's 2-Hour Whole Foods Delivery Skew Retail Pitch?
Monday, 12 February 2018
-3.17%
fortune
Dollar Store Stocks Drop After President Trump’s Budget Proposes Slashing Food Stamp Payouts
bloomberg
Dollar Stores Hammered by Trump Proposal to Abandon Food Stamps
Friday, 9 February 2018
+5.17%
fool
The Simple Reason Dollar Tree Inc. Stock Is Up Today
Thursday, 1 February 2018
+0.24%
zacks
Ross Stores Stock Moving Up the Charts: Time to Buy?
Tuesday, 30 January 2018
-1.20%
zacks
5 Stocks to Buy on the Dip
yahoo video
McDonald's earnings show its new dollar menu is a hit
zacks
Higher Consumer Spending Indicates Solid Retail Earnings
Monday, 29 January 2018
+1.15%
zacks
3 Growth Stocks to Watch This Earnings Season
Friday, 19 January 2018
+1.44%
moodys
Bear Stearns Commercial Mortgage Securities Trust 2006-TOP22 -- Moody's Upgrades Three and Affirms Five Classes of BSCMS 2006-TOP22
marketrealist
Dollar Tree versus Dollar General: Comparing Valuations
marketrealist
What’s behind Oppenheimer’s Bullish Stance on Dollar Tree?
Thursday, 18 January 2018
-0.15%
zacks
5 Strong Buy Stocks Climbing Towards New 52-Week Highs
marketrealist
Oppenheimer on Dollar Tree and Dollar General: ‘Outperform’ Rating
investorplace
4 of the Best Stocks to Buy on Earnings Acceleration
zacks
Zacks.com highlights: Dollar Tree, Syndax Pharmaceuticals, Financial Partners and Union Bankshares
Wednesday, 17 January 2018
-1.48%
benzinga
Oppenheimer Prefers Dollar General Over Dollar Tree, But Is Bullish On Both
zacks
Why Dollar Tree is Poised to Beat Earnings Estimates
Tuesday, 16 January 2018
-2.26%
businesswire
Dollar Tree Appoints Stephanie Stahl to Its Board of Directors
marketrealist
Dollar Tree Stock Performance in 2017 and Beyond
marketrealist
Wall Street Continues to Be Positive on Dollar Tree
marketrealist
Guggenheim Initiates Dollar Tree with a ‘Buy’ Rating
Monday, 15 January 2018
zacks
Dollar Tree in Investors' Good Books: Time to Hold?
Thursday, 11 January 2018
+1.54%
yahoo video
The day's big movers in the trader blitz
yahoo video
Trump's internet tax is a nonstarter for two reasons
fool
Why Dollar General Corporation Rose 25% in 2017
forbes
Dollar Tree Stock Sets Up Nicely For Options Traders
Monday, 8 January 2018
-1.50%
zacks
Dollar Tree Touches 52-Week High: Can it Soar Higher?
Tuesday, 2 January 2018
+0.65%
barrons
Nordstrom Upgrade Lifts Outlook for Department Stores
Wednesday, 27 December 2017
-0.93%
fool
5 Fascinating Facts About Dollar General Investors Should Know
Friday, 22 December 2017
+0.93%
wsj
Macon Brock, Dollar Tree Founder, Searched the World for Bargains
benzinga
Analyst: Walmart, Five Below, Dollar Tree Are Holiday Retail Standouts
marketwatch
Wal-Mart, Five Below, Dollar Tree among winners heading into final holiday shopping days
zacks
Dollar Tree Up 9% Since Earnings Report: Can It Continue?
Tuesday, 19 December 2017
-0.32%
zacks
Gap Gains Momentum in a Month: Is it Sustainable?
yahoo video
Amazon continues to gain market share as retailers fight ...
Monday, 18 December 2017
+1.91%
investorplace
4 Retail Stocks to Buy on Strong Industry Sales for November
Friday, 15 December 2017
+1.03%
fool
Dollar General Dreams Big With 2,000-Store Growth Plan
Thursday, 14 December 2017
-1.41%
moodys
Wells Fargo Commercial Mortgage Trust 2016-C37 -- Moody's affirms Eight Classes of WFCM 2016-C37
marketrealist
Casey’s Didn’t Meet Its 2Q18 Top-Line Expectations
yahoo video
Retail Sales blew it out of the water and now Q4 GDP could top 3%
Thursday, 14 December 2017
-1.41%
fool
Dollar General Q3: Good Dollar Figures as Results Meet Estimates
Tuesday, 12 December 2017
-1.26%
portal.kiplinger
Best Holiday Deals at Dollar Stores
zacks
Zacks.com featured highlights: Ollie's Bargain Outlet, Dollar Tree, Align Technology and Broadcom
zacks
The Zacks Analyst Blog Highlights: Schlumberger, General Motors, Monsanto, Dollar Tree and United Continental
Monday, 11 December 2017
-1.47%
zacks
Top Analyst Reports for Schlumberger, General Motors & Monsanto
zacks
Buy These 4 Stocks With Excellent Earnings Growth
Friday, 8 December 2017
+1.01%
yahoo video
Tax reform a big gift to retail: Pro
zacks
Why the Earnings Streak Will Continue for Dollar Tree
qz
The US middle class is disappearing, which makes dollar stores very happy
Thursday, 7 December 2017
-0.57%
thestreet
Dollar General, Dollar Tree Pop; Tide Turns in Deckers Board Fight-- ICYMI
realmoney.thestreet
Dollar Tree Could Use a Pause to Refresh the Rally
zacks
Dollar General's Growth Lifts Discount Retail Stocks
barrons
Dollar General: Is Change in the Air?
investorplace
A Strong Quarter Doesn’t Absolve Dollar General Corp.
etfdb
Trending: Financials Surge as Senate Passes Republicans' Tax Plan
Wednesday, 6 December 2017
-0.63%
yahoo video
American Eagle is eating Victoria's Secret's lunch
Tuesday, 5 December 2017
-0.35%
zacks
3 Discount Retail Stocks to Buy As Industry Evolves
fool
Why Dollar Tree Stock Gained 13% in November
zacks
Why Dollar Tree Unveils a Bullish Picture Post Q3 Earnings
Monday, 4 December 2017
+1.80%
wsj
How Dollar General Became Rural America's Store of Choice
zacks
The Zacks Analyst Blog Highlights: Wal-Mart Stores, Burlington Stores, Five Below and Dollar Tree
Friday, 1 December 2017
+1.17%
marketrealist
Does Dollar General or Dollar Tree Have a More Attractive Valuation?
marketrealist
DG’s Stock Performance Could Be Good News for Discount Stores
Thursday, 30 November 2017
-1.33%
marketrealist
How Will Dollar General’s Third Quarter Shape Up?
Wednesday, 29 November 2017
+2.79%
yahoo video
What's working in retail: Dollar stores
marketrealist
How Kroger’s Valuation Compares
Tuesday, 28 November 2017
+2.59%
fool
Dollar Tree's Flexible Revenue Model Is Paying Off
fool
Dollar Tree's Flexible Revenue Model Is Paying Off
marketrealist
Kroger’s Growth to Continue in 3Q18, but at a Slower Pace
nasdaq
Will Dillard's Stock Rise Further Post Q3 Earnings?
Monday, 27 November 2017
-0.12%
realmoney.thestreet
Macy's Has Two Roads to Redemption
nasdaq
Why Abercrombie's Estimates Surged Post Q3 Earnings?
fool
Dollar Tree Q3: Sunny Days in a Cloudy Sector
reuters
Cedar Realty Trust rejects offer from commercial REIT Wheeler
Friday, 24 November 2017
-1.32%
nasdaq
Why Wal-Mart Unveils a Bullish Picture Post Q3 Earnings
marketrealist
Analysts Raise Dollar Tree’s Price Target after 3Q17 Results
marketrealist
Dollar Tree Stock Remains Unfazed by Competitive Threats
Thursday, 23 November 2017
marketrealist
Dollar Tree’s Management Raises Fiscal 2017 Guidance Again
marketrealist
Family Dollar’s Better Margins Drive DLTR’s 3Q17 Earnings
marketrealist
Dollar Tree Just Delivered 1 of Its Best Quarters in Years
Wednesday, 22 November 2017
+0.54%
marketrealist
3Q17: Dollar Tree Performs Better than Expectations Again
benzinga
Discount Retailers Are On A Roll This Earnings Season — Here's The Companies Reporting Next
nasdaq
Is There a Brick & Mortar Route to Retail Success?
zacks
Is There a Brick & Mortar Route to Retail Success?
zacks
Options Traders Expect Huge Moves in Dollar Tree Stock
zacks
Options Traders Expect Huge Moves in Dollar Tree Stock November 22, 2017
Tuesday, 21 November 2017
-0.69%
finance.yahoo
Trump's tax cut promise is the cherry on a healthy earnings season
moodys
Wells Fargo Commercial Mortgage Trust 2016-LC25 -- Moody's Affirms Seven Classes of WFCM 2016-LC25
yahoo video
Guy's Fast Pitch: DG
marketrealist
What to Expect from the Consumer Sector’s Earnings
investorplace
Dollar Tree, Inc. Posts Q3 Earnings Blowout
nasdaq
David Einhorn Buys Brighthouse Financial Inc, Tempur Sealy International Inc ...
Date
#
Company
Insider Title
Trans.
Transaction
Shares Price per share Total price Shares after Source
2017-11-30 Kevin S Wampler
Chief Financial Officer
Chief Financial Officer Sale 12,559 $103.89 $1,304,755
2017-11-30
77,164
2017-11-30 Mike R. Matacunas
Chief Administrative Officer
Chief Administrative Officer Sale 2,975 $104.82 $311,840
2017-11-30
13,962
2017-11-28 Bob Sasser
Chief Executive Officer
Chief Executive Officer Option exercise 64,002 $8.91 $570,258
2017-11-28
223,911
2017-11-28 William A. Jr Old
Chief Legal Officer
Chief Legal Officer Sale 5,346 $100.00 $534,600
2017-11-28
7,203
2017-11-27 Gary Maxwell
Chief Supply Chain Officer
Chief Supply Chain Officer Option exercise 888 $0.00 $0
2017-11-27
2,589
2017-11-21 David A. Jacobs
Chief Strategy Officer
Chief Strategy Officer Sale 9,192 $99.80 $917,362
2017-11-21
13,199
2017-10-14 Joshua R Jewett
Chief Information Officer
Chief Information Officer Option exercise 5,254 $49.10 $257,971
2017-10-14
9,991
2017-10-13 William A. Jr Old
Chief Legal Officer
Chief Legal Officer Sale 1,487 $91.50 $136,061
2017-10-13
12,549
2017-10-12 Macon F Jr Brock
Chairman of the Board
Chairman of the Board Option exercise 63,000 $12.66 $797,580
2017-10-12
1,147,945
2017-10-11 Thomas A Saunders
Director
Director Sale 18,621 $91.11 $1,696,559
2017-10-11
2,366,044
2017-09-25 David A. Jacobs
Chief Strategy Officer
Chief Strategy Officer Sale 5,596 $88.25 $493,847
2017-09-25
22,391
2017-09-13 Gary M Philbin
Enterprise President
Enterprise President Sale 9,950 $84.54 $841,173
2017-09-13
9,966
2017-09-12 Gary M Philbin
Enterprise President
Enterprise President Sale 2,795 $84.50 $236,178
2017-09-12
3,421
2017-08-28 Joshua R Jewett
Chief Information Officer
Chief Information Officer Option exercise 869 $0.00 $0
2017-08-28
5,579
2017-07-13 Thomas A Saunders
Director
Director Sale 13,660 $68.75 $939,125
2017-07-13
2,384,665
2017-07-10 Conrad M. Hall
Director
Director Buy 5,000 $66.16 $330,800
2017-07-10
65,799
2017-06-30 Macon F Jr Brock
Chairman of the Board
Chairman of the Board Sale 150,000 $91.13 $13,669,500
2017-06-30
357,890
2017-06-26 Lemuel E Lewis
Director
Director Buy 1,900 $66.70 $126,730
2017-06-26
16,404
2017-06-16 Conrad M. Hall
Director
Director Buy 5,000 $70.48 $352,400
2017-06-16
60,799
2017-06-15 Lemuel E Lewis
Director
Director Buy 3,475 $71.45 $248,289
2017-06-15
14,504
2017-06-13 Bob Sasser
Chief Executive Officer
Chief Executive Officer Option exercise 187,740 $0.00 $0
2017-06-13
249,461
2017-04-24 Bob Sasser
Chief Executive Officer
Chief Executive Officer Sale 3,349 $80.02 $267,987
2017-04-24
61,721
2017-04-20 Bob Sasser
Chief Executive Officer
Chief Executive Officer Sale 40,029 $79.00 $3,162,291
2017-04-20
65,070
2017-04-05 Robert H Rudman
Chief Merchandising Officer
Chief Merchandising Officer Sale 6,731 $78.22 $526,499
2017-04-05
0
2017-04-01 Macon F Jr Brock
Chairman of the Board
Chairman of the Board Option exercise 3,495 $0.00 $0
2017-04-01
1,243,950
2017-04-01 Michael A. Witynski
Chief Operating Officer
Chief Operating Officer Option exercise 2,709 $0.00 $0
2017-04-01
17,922
2017-04-01 Bob Sasser
Chief Executive Officer
Chief Executive Officer Option exercise 32,757 $0.00 $0
2017-04-01
108,281

Notable SEC filings of Dollar Tree, Inc.

Date Contents
Source
2017-11-21 10-Q Quarterly report
2017-11-21 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-11-07 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-09-18 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; Regulation FD Disclosure; Financial Statements and Exhibits
2017-08-30 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-08-24 10-Q Quarterly report
2017-08-24 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-08-17 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-08-02 8-K Other Events
2017-06-16 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; Submission of Matters to a Vote of Security Holders; Financial Statements and Exhibits
2017-06-12 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-05-25 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-05-25 10-Q Quarterly report
2017-05-25 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-05-18 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-03-28 10-K Yearly report
2017-03-01 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-02-22 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-01-20 8-K Other Events
2017-01-05 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; Financial Statements and Exhibits
2016-12-06 10-Q Quarterly report
2016-11-22 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2016-11-15 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2016-09-26 8-K Entry into a Material Definitive Agreement; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Financial Statements and Exhibits
2016-09-02 10-Q Quarterly report
2016-09-01 8-K Regulation FD Disclosure; Financial Statements and Exhibits
Buy → Buy Bank of America 29 January 2018
Outperform Oppenheimer 16 January 2018
Buy Guggenheim 10 January 2018
Buy Moffett Nathanson 3 December 2017
Overweight → Overweight KeyBanc 21 November 2017
Buy Buckingham 19 November 2017
Buy UBS 13 November 2017
Outperform Wells Fargo 2 November 2017
Buy → Hold
Loop Capital 12 October 2017
Underperform → Market Perform
Bernstein 27 August 2017
Market Perform BMO Capital 24 August 2017
Market Perform → Strong Buy
Raymond James 24 August 2017
Hold Jefferies 24 August 2017
Equal-Weight Morgan Stanley 24 August 2017
Buy Gordon Haskett 8 May 2017
Buy
Johnson Rice 23 April 2017
Neutral
Atlantic Equities 3 April 2017

Dollar Tree executives

Insider Title Age Since Compensation
Bob Sasser (65)
Executive Chairman of the Board since 2017
Executive Chairman of the Board 65 2017 $10,582,000
Gary Philbin (60)
President, Chief Executive Officer, Director since 2017
President, Chief Executive Officer, Director 60 2017 $9,660,900
Duncan Mac Naughton (55)
President and Chief Operating Officer of Family Dollar since 2016
President and Chief Operating Officer of Family Dollar 55 2016 $6,562,490
Robert Rudman (66)
Chief Merchandising Officer since 2003
Chief Merchandising Officer 66 2003 $3,034,630
Kevin Wampler (54)
Chief Financial Officer since 2008
Chief Financial Officer 54 2008 $2,854,980
Michael Matacunas (50)
Chief Administrative Officer since 2013
Chief Administrative Officer 50 2013 $2,376,180
Macon Brock (75)
Chairman Emeritus since 2017
Chairman Emeritus 75 2017 $636,254
Thomas Saunders (80)
Lead Independent Director since 2007
Lead Independent Director 80 2007 $308,750
H. Ray Compton (74)
Independent Director since 2002
Independent Director 74 2002 $302,500
Conrad Hall (73)
Independent Director since 2010
Independent Director 73 2010 $290,000
Thomas Whiddon (64)
Independent Director since 2003
Independent Director 64 2003 $285,000
Mary Citrino (58)
Independent Director since 2005
Independent Director 58 2005 $285,000
Arnold Barron (69)
Independent Director since 2008
Independent Director 69 2008 $285,000
Lemuel Lewis (70)
Independent Director since 2007
Independent Director 70 2007 $275,000
Carl Zeithaml (67)
Independent Director since 2007
Independent Director 67 2007 $270,000
Gregory Bridgeford (62)
Independent Director since 2016
Independent Director 62 2016 $249,442
Randy Guiler
Vice President, Investor Relations since 2017
Vice President, Investor Relations 2017
Stephanie Stahl (51)
Director since 2018
Director 51 2018
William Old (63)
Chief Legal Officer since 2013
Chief Legal Officer 63 2013
Gary Maxwell (55)
Chief Supply Chain Officer since 2015
Chief Supply Chain Officer 55 2015
David Jacobs (48)
Chief Strategy Officer since 2012
Chief Strategy Officer 48 2012
Joshua Jewett (47)
Chief Information Officer since 2016
Chief Information Officer 47 2016
Michael Witynski (54)
Chief Operating Officer since 2015
Chief Operating Officer 54 2015
Dollar Tree, Inc. logo

Dollar Tree, Inc. operates variety retail stores in the United States and Canada. It operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise. This segment operates under the under the Dollar Tree and Dollar Tree Canada brands, as well as 11 distribution centers in the United States and 2 in Canada, and a store support center in Chesapeake, Virginia. The Family Dollar segment operates general merchandise discount retail stores that offer consumable merchandise, which comprise food, tobacco, health and beauty aids, household chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies; and home products, including housewares, home décor, and giftware, as well as domestics, such as blankets, sheets, and towels. It also provides apparel and accessories merchandise comprising clothing, fashion accessories, and shoes; and seasonal and electronics merchandise, which include Valentine's Day, Easter, Halloween, and Christmas merchandise, as well as personal electronics that comprise pre-paid cellular phones and services, stationery and school supplies, and toys. This segment operates under the Family Dollar brand, 11 distribution centers, and a store support center in Matthews, North Carolina. As of January 28, 2017, the company operated 14,334 stores in 48 states and the District of Columbia, and 5 Canadian provinces. Dollar Tree, Inc. was founded in 1986 and is based in Chesapeake, Virginia.

  • Dollar Tree, Inc., 500 Volvo Parkway, Chesapeake 23320, United States
  • dollartree.com
  • 757-321-5000

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

Balance sheet

(in millions) 2017Q3 2017Q2 2017Q2 2017Q1
Current assets
Cash $400.1 $693.3 $1,154.9 $866.4
Short term investments $4 $4 $4
Net receivables
Inventory $3,397.8 $2,928.5 $2,878.4 $2,865.8
Other current assets $174.7 $189.4 $240.8 $201.8
Total current assets $3,972.6 $3,815.2 $4,278.1 $3,938
Long term investments
Property, plant & equipment $3,187.5 $3,125.8 $3,104.5 $3,124.8
Goodwill $5,024.3 $5,025.2 $5,022.4 $5,023.5
Intangible assets $3,502.9 $3,525.3 $3,548.4 $3,573.7
Other assets $42.9 $40.8 $41.3 $41.6
Deferred long term asset charges
Total assets $15,730.2 $15,532.3 $15,994.7 $15,701.6
Current liabilities
Accounts payable $1,181.3 $1,196.3 $1,445.2 $1,209.6
Short long term debt $165.9 $165.9 $165.9 $152.1
Other current liabilities $692.7 $722.5 $629.5 $744.2
Total current liabilities $2,039.9 $2,084.7 $2,240.6 $2,105.9
Long term debt $5,557 $5,595 $6,131.7 $6,169.7
Other liabilities $544.4 $542.6 $579.8 $577.6
Deferred long term liabilities $1,472.4 $1,449.8 $1,433.6 $1,458.9
Minority interest
Total liabilities $9,613.7 $9,672.1 $10,385.7 $10,312.1
Stockholders' equity
Stock option warrants
Common stock $2.4
Retained earnings $2,952.6
Treasury stock
Capital surplus $2,472.1
Other stockholder equity -$37.6
Total stockholder equity $6,116.5 $5,860.2 $5,609 $5,389.5
Net tangible assets -$2,410.7 -$2,690.3 -$2,961.8 -$3,207.7
(in millions) 2017 2016 2015
Current assets
Cash $866.4 $736.1 $864.1
Short term investments $4 $4
Net receivables $28.3
Inventory $2,865.8 $2,885.5 $1,035.7
Other current assets $201.8 $310.3 $66.5
Total current assets $3,938 $3,935.9 $1,994.6
Long term investments
Property, plant & equipment $3,124.8 $3,137.6 $1,210.5
Goodwill $5,023.5 $5,021.7 $164.6
Intangible assets $3,573.7 $3,675.2 $1.5
Other assets $41.6 $130.8 $90.9
Deferred long term asset charges $30.6
Total assets $15,701.6 $15,901.2 $3,492.7
Current liabilities
Accounts payable $1,209.6 $1,264.8 $476.3
Short long term debt $152.1 $108
Other current liabilities $744.2 $722.6 $385.3
Total current liabilities $2,105.9 $2,095.4 $861.6
Long term debt $6,169.7 $7,238.4 $682.7
Other liabilities $577.6 $573.9 $163.4
Deferred long term liabilities $1,458.9 $1,586.6
Minority interest
Total liabilities $10,312.1 $11,494.3 $1,707.7
Stockholders' equity
Stock option warrants
Common stock $2.4 $2.4 $2.1
Retained earnings $2,952.6 $2,056.4 $1,774
Treasury stock
Capital surplus $2,472.1 $2,391.2 $43
Other stockholder equity -$37.6 -$43.1 -$34.1
Total stockholder equity $5,389.5 $4,406.9 $1,785
Net tangible assets -$3,207.7 -$4,290 $1,618.9

Income statement

(in millions) 2017Q3 2017Q2 2017Q2 2017Q1
Revenue
Total revenue $5,316.6 $5,281.2 $5,287.1 $5,635.5
Cost of revenue $3,650.6 $3,653.4 $3,660 $3,828.2
Gross profit $1,666 $1,627.8 $1,627.1 $1,807.3
Operating expenses
Research & development
Selling, general & administrative $1,240.8 $1,208.3 $1,238.3 $1,220.8
Non-recurring
Other operating expenses
Total operating expenses
Operating income $425.2 $419.5 $388.8 $586.5
Income from continuing operations
Net other income -$0.4 -$0.1 -$0.3 -$0.3
EBIT $424.8 $419.4 $388.5 $586.5
Interest expense $69.7 $75.8 $74.7 $88.8
Income before tax $355.1 $343.6 $313.8 $497.7
Income tax expense $115.2 $109.8 $113.3 $175.9
Minority interest
Net income from continuing ops $239.9 $233.8 $200.5 $321.8
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $239.9 $233.8 $200.5 $321.8
Income (for common shares) $239.9 $233.8 $200.5 $321.8
(in millions) 2017 2016 2015
Revenue
Total revenue $20,719.2 $15,498.4 $8,602.2
Cost of revenue $14,324.5 $10,841.7 $5,568.2
Gross profit $6,394.7 $4,656.7 $3,034
Operating expenses
Research & development
Selling, general & administrative $4,689.9 $3,607 $1,993.8
Non-recurring
Other operating expenses
Total operating expenses
Operating income $1,704.8 $1,049.7 $1,040.2
Income from continuing operations
Net other income $0.1 -$2.1 -$5.9
EBIT $1,704.9 $1,047.6 $1,034.3
Interest expense $375.5 $599.4 $80.1
Income before tax $1,329.4 $448.2 $954.2
Income tax expense $433.2 $165.8 $355
Minority interest
Net income from continuing ops $896.2 $282.4 $599.2
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $896.2 $282.4 $599.2
Income (for common shares) $896.2 $282.4 $599.2

Cash flow

(in millions) 2017Q3 2017Q2 2017Q2 2017Q1
Net income $239.9 $233.8 $200.5 $321.8
Operating activities
Depreciation $153 $156.1 $157.5 $171.4
Net income adjustments $35 $35.1 $60.8 -$20.6
Change in accounts receivable
Changes in liabilities -$1.6
Changes in inventory $21.9
Changes in other operating activities -$510.5 -$180.5 $11.9 $525.1
Total cash flow from operations -$82.6 $244.5 $430.7 $1,018
Investing activities
Capital expenditures -$177.8 -$161.4 -$110.3 -$115.3
Investments $4 $4 $4 $4
Other cash flows from investing -$2.1 -$0.1 $2.2 $2.2
Total cash flows from investing -$175.9 -$161.5 -$108.1 -$115.3
Financing activities
Dividends paid
Sale and purchase of stock $9.5 $3.1 $11.8 $8.2
Net borrowings -$41.5 -$541.5 -$27.8 -$777.7
Other cash flows from financing
Total cash flows from financing -$34.5 -$545.5 -$33.6 -$770.5
Effect of exchange rate -$0.2 $0.9 -$0.5 $0.4
Change in cash and equivalents -$293.2 -$461.6 $288.5 $132.6
(in millions) 2017 2016 2015
Net income $896.2 $282.4 $599.2
Operating activities
Depreciation $692.7 $552.3 $205.9
Net income adjustments -$53.1 $86.5 $24.5
Change in accounts receivable
Changes in liabilities -$1.6 $32.6 $131.4
Changes in inventory $21.9 -$87.8 -$6
Changes in other operating activities $117.2 -$63.5 -$12.2
Total cash flow from operations $1,673.3 $802.5 $942.8
Investing activities
Capital expenditures -$565.6 -$480 -$324
Investments $82 $29.3 $9
Other cash flows from investing -$6,527.7 -$6,527.7
Total cash flows from investing -$483.6 -$6,978.4 -$315
Financing activities
Dividends paid
Sale and purchase of stock $41.5 $13.9 $5.5
Net borrowings -$1,073.7 $6,203.5 -$12.8
Other cash flows from financing
Total cash flows from financing -$1,060.5 $6,048.8 -$30.6
Effect of exchange rate $1.1 -$0.9 -$0.8
Change in cash and equivalents $130.3 -$128 $596.4
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