Dillard's (DDS) financial statements
Dillard's reported revenue of $6.5B in fiscal 2026, up 0.1% a year over 9 years.
Net income was $570M.
Free cash flow was $624M, and the company returned $485M in dividends and $108M in net buybacks.
The diluted share count fell 54% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Dillard's's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4B | $6.4B | $6.5B | $6.3B | $4.3B | $6.5B | $6.9B | $6.8B | $6.5B | $6.5B |
| Cost of revenue | $4.2B | $4.2B | $4.3B | $4.2B | $3.1B | $3.7B | $4.0B | $4.0B | $3.9B | $3.9B |
| Gross profit | $2.1B | $2.1B | $2.1B | $2.0B | $1.2B | $2.7B | $2.9B | $2.7B | $2.6B | $2.6B |
| Selling, general and admin | $1.6B | $1.7B | $1.7B | $1.7B | $1.2B | $1.5B | $1.7B | $1.7B | $1.7B | $1.8B |
| Interest expense | $63M | $63M | $53M | $46M | $49M | $43M | $31M | -$5M | $40M | $41M |
| Pre-tax income | $258M | $213M | $208M | $134M | -$153M | $1.1B | $1.1B | $917M | $730M | $694M |
| Income tax | $88M | -$8M | $38M | $23M | -$82M | $226M | $218M | $178M | $136M | $125M |
| Net income | $169M | $221M | $170M | $111M | -$72M | $862M | $892M | $739M | $593M | $570M |
| EPS (diluted) | $4.93 | $7.51 | $6.23 | $4.38 | -$3.16 | $41.88 | $50.81 | $44.73 | $36.82 | $36.42 |
| Diluted shares | 34M | 29M | 27M | 25M | 23M | 21M | 18M | 17M | 16M | 16M |
| Gross margin | 32.6% | 32.1% | 31.7% | 31.0% | 28.6% | 42.3% | 42.0% | 40.3% | 39.5% | 39.5% |
| Net margin | 2.6% | 3.4% | 2.6% | 1.8% | -1.7% | 13.3% | 13.0% | 10.9% | 9.2% | 8.8% |
Balance sheet
Fiscal years, from Dillard's's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $347M | $187M | $124M | $277M | $360M | $717M | $650M | $808M | $718M | $861M |
| Receivables | $48M | $38M | $50M | $46M | $37M | $40M | $57M | $61M | $56M | $40M |
| Total current assets | $1.8B | $1.7B | $1.8B | $1.8B | $1.7B | $1.9B | $2.1B | $2.2B | $2.4B | $2.4B |
| Property, plant and equipment | $1.8B | $1.7B | $1.6B | $1.5B | $1.3B | $1.2B | $1.1B | $1.1B | $1.0B | $912M |
| Total assets | $3.9B | $3.7B | $3.4B | $3.4B | $3.1B | $3.2B | $3.3B | $3.4B | $3.5B | $3.5B |
| Total current liabilities | $977M | $1.0B | $934M | $931M | $773M | $966M | $859M | $828M | $835M | $902M |
| Long-term debt | $526M | $365M | $366M | $366M | $366M | — | — | — | — | — |
| Total liabilities | $2.2B | $2.0B | $1.8B | $1.8B | $1.7B | $1.8B | $1.7B | $1.8B | $1.7B | $1.7B |
| Shareholders' equity | $1.7B | $1.7B | $1.7B | $1.6B | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B | $1.8B |
| Net debt | $266M | $339M | $242M | $89M | $6M | -$717M | -$650M | -$808M | -$718M | -$861M |
Cash flow
Fiscal years, from Dillard's's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $512M | $274M | $367M | $365M | $253M | $1.3B | $948M | $884M | $714M | $717M |
| Capital spending | $105M | $130M | $137M | $103M | $60M | $104M | $120M | $133M | $105M | $93M |
| Free cash flow | $407M | $144M | $230M | $262M | $192M | $1.2B | $828M | $751M | $610M | $624M |
| Dividends paid | $10M | $9M | $11M | $12M | $14M | $305M | $271M | $339M | $414M | $485M |
| Share buybacks (net) | -$240M | -$223M | -$130M | -$131M | -$103M | -$545M | -$453M | -$281M | -$121M | -$108M |
| Net borrowing | — | — | — | — | — | — | -$45M | — | — | — |
| Free cash flow margin | 6.3% | 2.2% | 3.5% | 4.1% | 4.5% | 18.1% | 12.1% | 11.1% | 9.4% | 9.6% |
| Dividends per share | $0.29 | $0.32 | $0.41 | $0.45 | $0.62 | $14.82 | $15.46 | $20.50 | $25.67 | $30.97 |
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Open DDS in InvestinglyQuestions
What was Dillard's's revenue in 2026?
$6.5B in fiscal 2026, from its 10-K filing.
How much free cash flow does Dillard's generate?
$624M in fiscal 2026 (operating cash flow minus capital spending).
From Dillard's's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.