Dillard's vs Vipshop Holdings
Vipshop Holdings is the larger business, with $14.74bn of revenue in fiscal 2025 against $6.56bn for Dillard's (2.2 times as much). Dillard's grew faster (-0.4% against -2.2%). Dillard's kept more of each dollar of sales as profit: a net margin of 8.7% against 6.8%.
| Latest fiscal year | Dillard'sDDS, 2026 | Vipshop HoldingsVIPS, 2025 |
|---|---|---|
| Revenue | $6.56bn | $14.74bn |
| Revenue growth | -0.4% | -2.2% |
| Net income | $570m | $1.01bn |
| Operating margin | — | 7.7% |
| Net margin | 8.7% | 6.8% |
| Return on equity | 31.9% | 17.8% |
| Free cash flow | $624m | $761m |
| Cash | $861m | $3.29bn |
| Total debt | — | $914m |
| Debt to equity | — | 15.6% |
| Dividend per share | $31.10 | — |
| Dividend yield | 4.8% | 3.7% |
| Share buybacks | $108m | $687m |
| Employees | 29,100 | — |
| Market value | $10.09bn | $6.82bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 55 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 10 sales |