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Dillard's, Inc. (DDS) stock

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TXSE: DDS TXSE Broadline Retail Next results ~November 12, 2026

C+ Fundamentals grade

Dillard's, Inc. is a US-listed company in the broadline retail industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$720

Cash-flow model

Base case. Range ~$550–$950 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 10% below our base value.

Price used: $646.16, November 2, 2026

Dillard's, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds171 adding, 137 cuttingOf 53 active managers that changed their stake, 29 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Dillard's files

Where Dillard's stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $6.60bn, up 0.2% on a year earlier, about the same pace as a quarter earlier. That puts it 824 of 931 for growth among all the companies we cover. Free-cash-flow margin fell to 9.6% from 11.7% a year earlier. The diluted share count is down 9.5% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 1 of our 1 financial-health checks. Our valuation models combined value is $720 a share, against a share price of $665.

Source: 10-Q filed September 4, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Dillard's, Inc.'s trailing-twelve-month revenue grew 0.2% year on year, with a free-cash-flow margin of 9.6%. Where it stands out: free-cash-flow margin of 9.6% ranks 4 of 23 broadline retail companies we cover.

Our discounted-cash-flow model values the business at ~$720 per share in the base case (~$550–$950 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 17.6% while net income grew 18.4%: a 36pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 9.5% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.8bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 12 November; the share price can move sharply on the day.
  • Heavily shorted. 28.6% of the shares available to trade are sold short (4.8 days of average volume to cover).
  • Earnings expected to fall. The consensus expects earnings per share to fall 4% next year.

Latest results: FY2027 Q2

Filed September 4, 2026
Earnings per share
$6.26 against an average estimate of $4.21: beat by 48.6%
Revenue
$1.53bn, down 0.4% on a year earlier
Share reaction
-11.8% in the first session after the results on August 13, 2026, against +0.5% for the S&P 500
Guidance given
depreciation and amortization $175m (52-week period ending January 30, 2027); interest and debt (income) expense, net $-9m (52-week period ending January 30, 2027)
Next report
November 12, 2026; average EPS estimate $8.05

Dillard's' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.8%
  • 1 week-3.7%
  • 1 month-1.2%
  • This year+6.7%
  • 1 year+12.5%
  • 5 years+195.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$6.6B
Net margin
10.3%

Growth

Revenue growth
+0.2%
Change in growth rate
−0.4 pts

Cash

Free cash flow (TTM)
$635M
FCF margin
9.6%

Earnings

Last results
August 13, 2026
Next results (est.)
November 12, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Results
  3. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Dillard's, Inc. valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 0.6% a year for five years.That is close to the -0.1% a year revenue growth Dillard's has delivered.

  • Priced in-0.6%
  • Last 12 months0.2%
  • 3 years a year-1.7%
  • 5 years a year-0.1%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($629.83, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$720
Price used
$629.83close November 3, 2026
Implied change
▲ +15%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Dillard's, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($663M, FY2027 Q2 TTM), growing 1.3% and 1.9% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$550–~$950 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Dillard's, Inc.'s free cash flow after stock-based pay ( $663M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Dillard's, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.6%: the 10-year Treasury yield (4.9%) plus a beta of 1.04 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$720 ~$550–$950 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$510 ~$370–$860 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: return on equity above 40%: buybacks or intangibles make book value too small an anchor
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$660 ~$570–$770 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$650 ~$510–$720 3 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Dillard's, Inc. with Broadline Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −24%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −10%
  • Last year's free-cash-flow margin change, if it persists ▼ −17%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $636$855$1146$1528$2027$2671
8.5% $493$651$861$1134$1490$1947
10% $406$529$690$899$1170$1517

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026
Share price$52.38$40.83$47.87$49.58$46.24$68.02$203.35$323.29$352.55$447.12$606.62
Market value$2.0bn$1.4bn$1.4bn$1.4bn$1.2bn$2m$4m$6m$6m$7m$9.5bn
+ Net debt (− = net cash)−$203m−$347m−$187m−$124m−$277m−$360m−$717m−$650m−$808m−$718m−$861m
Enterprise value$1.8bn$1.1bn$1.2bn$1.2bn$896m−$359m−$713m−$645m−$802m−$711m$8.6bn
Multiples
Price / sales 0.3x0.2x0.2x0.2x0.2x0.0x0.0x0.0x0.0x0.0x1.4x
Price / earnings 7.6x8.3x6.4x8.0x10.6x—0.0x0.0x0.0x0.0x16.7x
Price / free cash flow 7.2x3.4x9.8x5.9x4.5x0.0x0.0x0.0x0.0x0.0x15.2x
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

55 /100

Moderate moat

How hard Dillard's's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 23.6% of total assets over 6 years.

  • Pricing power 11 / 20

    Gross margin has been a median 37.5%, moving by 4.7 percentage points (standard deviation) across 10 years.

  • Durability 1 / 20

    Net margin has been a median 8.3%; its worst year was -1.9%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 9 of 10 years, at a median 8.7% of revenue.

  • Discipline 15 / 20

    The diluted share count fell 41.9% over five years.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (60 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, before the open. Analysts expect revenue of $1.5bn and EPS of $8.05 (range $8.05 to $8.05) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $35.99 +2% $6.6bn +1%
Next $34.50 −4% $6.7bn +1%

Next year's EPS estimate has moved +1.3% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +6.4% on 90 days ago. In the last 30 days, 1 analyst raised Dillard's, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Dillard's, Inc., last 90 days
$33.00 $34.00 $35.00 $36.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $33.84 Current fiscal year, 60 days ago: $33.84 Current fiscal year, 30 days ago: $33.84 Current fiscal year, 7 days ago: $33.84 Current fiscal year, Now: $35.99 $35.99 Next fiscal year, 90 days ago: $34.07 Next fiscal year, 60 days ago: $34.07 Next fiscal year, 30 days ago: $34.07 Next fiscal year, 7 days ago: $34.07 Next fiscal year, Now: $34.50 $34.50

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $33.84$34.07
60 days ago $33.84$34.07
30 days ago $33.84$34.07
7 days ago $33.84$34.07
Now $35.99$34.50

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $4.21 $6.26 +48.6%
Apr 2026 $9.86 $10.95 +11.1%
Jan 2026 $9.14 $12.16 +33.1%
Oct 2025 $6.20 $8.29 +33.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 13, 2026
  • Depreciation and amortization 52-week period ending January 30, 2027 about $175m
    “Depreciation and amortization $ 175 $ 179” source
  • Interest and debt (income) expense, net 52-week period ending January 30, 2027 about $-9m
    “Interest and debt (income) expense, net (9) (6)” source
  • Capital expenditures 52-week period ending January 30, 2027 about $120m
    “Capital expenditures 120 93” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Dillard's, Inc.'s revenue by +1.3% next year and +1.9% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+0.5%, weight 45%) and the company's own record (+2.0%, weight 55%) . How the weights are set.

Analyst recommendations

3 analysts, Oct 2026
Buy00%
Hold133%
Sell267%

Monthly trend

  1. Oct 20261113
  2. Sep 20261113

Counts of recommendations published by analysts covering Dillard's, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
28.6%
of tradable shares
Days to cover
4.82
at average volume
Short interest, 1 month
−1%
to September 30, 2026
Held by institutions
72%
of shares
Held by insiders
31.6%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +12.5%

$574.19 on October 31, 2025 to $646.16

ThenNowEffect
Revenue (last 12 months) $6.6bn $6.6bn +0.2%
Net margin 8.7% 10.3% +18.2%
P/E multiple 15.9x 14.8x −6.9%
Share count 16m 16m +2.0%

Biggest factor: net margin.

Last 3 years +126.8%

$284.84 on November 3, 2023 to $646.16

ThenNowEffect
Revenue (last 12 months) $6.9bn $6.6bn −5.0%
Net margin 11.7% 10.3% −11.4%
P/E multiple 6.0x 14.8x +146.9%
Share count 17m 16m +9.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
DDS+306%+39%+32%+14%+47%+7%
Industry peers (median)+23%−46%−3%+12%+5%−13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DDS75%58%50%50%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DDS−41%−43%−34%−30%−42%−27%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 77% from June 21, 2018 to April 22, 2020. Getting back needed a 327% gain, reached on January 26, 2021, 279 days after the low.

Price behaviour

52-week range
$510.16 – $719.61
From 52-week high
−10.2%
vs 50-day average
−1.0%
vs 200-day average
+6.7%
Volatility (1 year)
42%
Beta vs S&P 500
0.49

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±6.4%
After a week
5 up, 7 down
typical move ±6.9%
After a month
8 up, 4 down
typical move ±12.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 13, 2026 −11.8% +0.5% −6.0% +2.6%
May 14, 2026 +1.1% −0.4% +3.6% +6.2%
February 24, 2026 −7.1% +1.6% −5.3% −12.2%
November 13, 2025 +4.8% −1.7% −1.6% +16.8%
August 14, 2025 +3.6% −0.2% +1.8% +17.9%
May 15, 2025 +8.6% +1.1% +9.2% +7.0%
February 25, 2025 −9.1% −0.4% −23.5% −23.7%
November 14, 2024 +9.9% −1.9% +11.7% +16.1%
August 15, 2024 −9.6% +1.9% −11.4% −10.1%
May 16, 2024 −4.1% −0.1% −2.7% −6.6%
February 26, 2024 +1.3% −0.2% −3.9% +2.7%
November 9, 2023 −5.2% +0.8% +2.0% +23.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Dillard's, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Dillard's, Inc.
$6.5B $6.6B $6.7B $6.8B $6.9B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $6.9B Revenue (TTM), FY24 Q4: $6.9B Revenue (TTM), FY25 Q1: $6.8B Revenue (TTM), FY25 Q2: $6.8B Revenue (TTM), FY25 Q3: $6.7B Revenue (TTM), FY25 Q4: $6.6B Revenue (TTM), FY26 Q1: $6.6B Revenue (TTM), FY26 Q2: $6.6B Revenue (TTM), FY26 Q3: $6.6B Revenue (TTM), FY26 Q4: $6.6B Revenue (TTM), FY27 Q1: $6.6B Revenue (TTM), FY27 Q2: $6.6B $6.6B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $6.9B
FY24 Q4 $6.9B
FY25 Q1 $6.8B
FY25 Q2 $6.8B
FY25 Q3 $6.7B
FY25 Q4 $6.6B
FY26 Q1 $6.6B
FY26 Q2 $6.6B
FY26 Q3 $6.6B
FY26 Q4 $6.6B
FY27 Q1 $6.6B
FY27 Q2 $6.6B
Revenue growth, TTM YoY Dillard's, Inc.
-6% -4% -2% 0% 2% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: -1.6% Revenue growth, TTM YoY, FY24 Q4: -1.7% Revenue growth, TTM YoY, FY25 Q1: -1.9% Revenue growth, TTM YoY, FY25 Q2: -2.8% Revenue growth, TTM YoY, FY25 Q3: -2.6% Revenue growth, TTM YoY, FY25 Q4: -4.1% Revenue growth, TTM YoY, FY26 Q1: -3.9% Revenue growth, TTM YoY, FY26 Q2: -2.4% Revenue growth, TTM YoY, FY26 Q3: -1.1% Revenue growth, TTM YoY, FY26 Q4: -0.4% Revenue growth, TTM YoY, FY27 Q1: 0.6% Revenue growth, TTM YoY, FY27 Q2: 0.2% 0.2%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 -1.6%
FY24 Q4 -1.7%
FY25 Q1 -1.9%
FY25 Q2 -2.8%
FY25 Q3 -2.6%
FY25 Q4 -4.1%
FY26 Q1 -3.9%
FY26 Q2 -2.4%
FY26 Q3 -1.1%
FY26 Q4 -0.4%
FY27 Q1 0.6%
FY27 Q2 0.2%
FCF margin (TTM) Dillard's, Inc.
7% 8% 9% 10% 11% 12% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 10.3% FCF margin (TTM), FY24 Q4: 10.9% FCF margin (TTM), FY25 Q1: 10.4% FCF margin (TTM), FY25 Q2: 7.9% FCF margin (TTM), FY25 Q3: 10.0% FCF margin (TTM), FY25 Q4: 9.2% FCF margin (TTM), FY26 Q1: 9.4% FCF margin (TTM), FY26 Q2: 11.7% FCF margin (TTM), FY26 Q3: 11.8% FCF margin (TTM), FY26 Q4: 9.5% FCF margin (TTM), FY27 Q1: 11.4% FCF margin (TTM), FY27 Q2: 9.6% 9.6%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 10.3%
FY24 Q4 10.9%
FY25 Q1 10.4%
FY25 Q2 7.9%
FY25 Q3 10.0%
FY25 Q4 9.2%
FY26 Q1 9.4%
FY26 Q2 11.7%
FY26 Q3 11.8%
FY26 Q4 9.5%
FY27 Q1 11.4%
FY27 Q2 9.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Jan 2010 2011 Jan 2011 2012 Jan 2012 2013 Feb 2013 2014 Feb 2014 2015 Jan 2015 2016 Jan 2016 2017 Jan 2017 2018 Feb 2018 2019 Feb 2019 2020 Feb 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Feb 2024 2025 Feb 2025 2026 Jan 2026 LTM Aug 2026
Income
Revenue 6,227 6,258 6,405 6,752 6,692 6,780 6,755 6,418 6,423 6,503 6,343 4,433 6,624 6,996 6,874 6,590 6,563 6,599
Gross profit 1,992 2,140 2,216 2,346 2,308 2,348 2,245 2,091 2,062 2,065 1,968 1,232 2,745 2,887 2,721 2,563 2,557 2,627
Net income 69 180 464 336 324 332 269 169 221 170 111 −72 862 892 739 593 570 682
Diluted EPS $0.93 $2.67 $8.52 $6.87 $7.10 $7.79 $6.91 $4.93 $7.51 $6.23 $4.38 −$3.16 $41.88 $50.81 $44.73 $36.82 $36.42 —
Growth (year on year)
Revenue −10.9% +0.5% +2.4% +5.4% −0.9% +1.3% −0.4% −5.0% +0.1% +1.3% −2.5% −30.1% +49.4% +5.6% −1.7% −4.1% −0.4% +0.2%
Net income — — +158.3% −27.6% −3.7% +2.5% −18.8% −37.2% +30.8% −23.1% −34.8% — — +3.4% −17.1% −19.7% −3.9% +18.4%
Diluted EPS — — +219.1% −19.4% +3.3% +9.7% −11.3% −28.7% +52.3% −17.0% −29.7% — — +21.3% −12.0% −17.7% −1.1% —
Margins
Gross margin 32.0% 34.2% 34.6% 34.7% 34.5% 34.6% 33.2% 32.6% 32.1% 31.7% 31.0% 27.8% 41.4% 41.3% 39.6% 38.9% 39.0% 39.8%
Net margin 1.1% 2.9% 7.2% 5.0% 4.8% 4.9% 4.0% 2.6% 3.4% 2.6% 1.8% −1.6% 13.0% 12.7% 10.7% 9.0% 8.7% 10.3%
Free-cash-flow margin 7.7% 6.6% 6.0% 5.7% 6.1% 6.8% 4.2% 6.3% 2.2% 3.5% 4.1% 4.3% 17.7% 11.8% 10.9% 9.2% 9.5% 9.6%
Cash flow
Cash from operations 554 513 501 523 502 612 450 512 274 367 365 253 1,280 948 884 714 717 724
Capital spending 75 98 116 137 95 152 166 105 130 137 103 60 104 120 133 105 93 89
Free cash flow 479 415 385 386 407 460 284 407 144 230 262 192 1,176 828 751 610 624 635
Balance sheet
Cash 342 343 224 124 237 404 203 347 187 124 277 360 717 650 808 718 861 763
Total debt — — — — — — — — — — — — — — — — — 146
Net debt (negative = net cash) −342 −343 −224 −124 −237 −404 −203 −347 −187 −124 −277 −360 −717 −650 −808 −718 −861 −617
Diluted shares 74m 67m 54m 49m 46m 43m 39m 34m 29m 27m 25m — — — — — 16m —
Returned to shareholders
Dividends 12 11 10 252 7 10 10 10 9 11 12 14 305 271 339 414 485 486
Buybacks — 414 491 186 302 290 500 240 223 130 131 103 545 453 281 121 108 —
Total returned 12 425 501 438 309 301 510 250 232 141 142 117 850 724 620 535 593 486

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 1 checks passed · August 1, 2026
What it owns · $3.7bn
Short-term assets $2.7bnLonger-term assets $1.1bn
What it owes, and who funded it · $3.0bn
Short-term liabilities $884mShareholders' equity $2.1bn
  • Short-term assets cover short-term liabilities $2.7bn of assets due within a year against $884m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Dillard's, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$108M
Dividends (TTM)
$486M
Returned to shareholders
95%
of free cash flow
Buybacks, last 3 fiscal years
$510M
Total shareholder yield
5.9%
dividends 4.8% + buybacks 1.1% of market value
Dividend payout ratio
71%
of net income paid out
Sales & admin spending
27.1%
of revenue

Competitors: side by side with peers

Closest by revenue in broadline retail
Last 12 months unless stated DDS EBAY ETSY VIPS KSS OLLI Median
Revenue, last 12 months $6.6bn $12.4bn $3.0bn $14.7bn $15.4bn $2.8bn $2.8bn
Revenue growth, last 12 months 0.2% 15.7% 10.8% −2.2% −2.9% 14.4% 4.4%
Revenue growth, 3-year average −1.7% 7.2% 3.5% 105.6% −4.6% 12.9% 9.1%
Revenue growth, latest quarter −0.4% 13.7% 10.9% — −0.9% 9.1% 9.1%
Gross margin 39.8% 72.2% 71.3% 23.1% 41.2% 41.6% 44.4%
Operating margin — 20.3% 14.0% 7.7% 3.8% 12.3% 2.5%
Operating margin, 3-year average — 20.7% 13.1% 5.4% 3.8% 11.5% 2.8%
Net margin 10.3% 16.9% 32.8% 6.8% 1.7% 9.8% 1.7%
Cash from operations / revenue 11.0% 24.6% 19.9% 7.0% 8.8% 12.2% 4.0%
Free-cash-flow margin 9.6% 19.5% 19.7% 5.2% 6.7% 8.0% 2.1%
Free-cash-flow margin, 3-year average 9.7% 15.8% 23.4% 2.3% 4.6% 5.9% 3.0%
Stock pay / revenue — 5.4% 7.7% 1.6% 0.2% 0.5% 0.7%
Change in share count −9.5% −3.7% 4.1% −5.1% 2.4% −0.9% −0.4%

Median of all 23 companies we cover in broadline retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 broadline retail companies
Measure Company Peer median Rank
Revenue growth Growth 0.2% 4.4% 16 of 23
Change in growth rate Growth -0.4pp +0.9pp 16 of 23
Gross margin Profitability 39.8% 44.4% 15 of 22
Net margin Profitability 10.3% 1.7% 5 of 23
Free-cash-flow margin Cash generation 9.6% 2.1% 4 of 23

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to January 31, 2026
Segments
Line of business Revenue Share YoY
Retail Operations $6.2B 96.3% ▲ 0.2%
Construction $242M 3.7% ▼ 8.3%

From Dillard's, Inc.'s 10-K filed March 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$4.4B
Institutions reporting
312
Shares held vs prior quarter
▲ 3.2%
Positions opened / closed
51 / 54

Top buyers and sellers, Q2 2026: 171 institutions bought and 137 sold ; the biggest buyer was AQR Capital Management LLC (+34K shares) and the biggest seller Newport Trust Company, LLC (−39K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Newport Trust Company, LLC $2.4B 4.5M 53.4% ▼ 0.9%
Blackrock, Inc. $115M 218K 2.6% ▲ 16.0%
Dimensional Fund Advisors LP $114M 215K 2.6% ▼ 0.5%
UBS Group AG $101M 191K 2.3% ▲ 14.4%
Allianz Asset Management Gmbh $85.8M 162K 1.9% ▲ 1.0%
Renaissance Technologies LLC $85.4M 162K 1.9% ▲ 13.6%
AQR Capital Management LLC $84.4M 160K 1.9% ▲ 27.2%
Vanguard Portfolio Management LLC $82.7M 156K 1.9% ▲ 4.9%
Morgan Stanley $79.2M 150K 1.8% ▲ 3.6%
Vanguard Capital Management LLC $70M 133K 1.6% ▲ 0.5%
Gotham Asset Management, LLC $62.9M 119K 1.4% ▲ 16.3%
BNP Paribas Financial Markets $60.1M 114K 1.4% ▲ 42.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Dillard's, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $243,672 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $243,672 net selling
Insider Date Trade Shares Price Value
Watts J C Jr Director June 5, 2026 Sell 400 $609.18 $243,672

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Dillard's, Inc. disclosed in the last 12 months; 1 earlier trade on record.

  • Thomas MacArthur(NJ):Sale (full), $1,001 - $15,000, traded May 27, 2015, filed June 7, 2015

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 12, 2026 estimated from the company's past filing pattern, not announced

  • August 13, 2026
  • May 14, 2026
  • February 24, 2026
  • November 13, 2025
  • August 14, 2025
  • May 15, 2025

Recent SEC filings

Data status

When each part of this page on Dillard's, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Dillard's, Inc. in brief

What does Dillard's, Inc. do?
Dillard's, Inc. is a US-listed company in the broadline retail industry. Its financial year ends in January.
What is Dillard's, Inc.'s stock ticker?
Dillard's, Inc. trades under the ticker DDS on TXSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Dillard's, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Dillard's, Inc. reported revenue of $6.6B, 0.2% higher than a year earlier, according to its SEC filings.
What is Dillard's, Inc.'s free cash flow?
Dillard's, Inc.'s free-cash-flow margin is 9.6% of revenue over the trailing twelve months, ranking 4 of the 23 broadline retail companies we cover.
What is Dillard's, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Dillard's, Inc.'s free cash flow after stock-based pay gives ~$720 per share in the base case, and ~$550–$950 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Dillard's, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Newport Trust Company, LLC, Blackrock, Inc. and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Dillard's, Inc.'s market cap?
On January 30, 2026, Dillard's, Inc.'s market capitalisation was about $9.5B, with a price-to-earnings ratio of 16.7 and net debt of -$861M. Market figures come from third-party market data and may be delayed.
Does Dillard's, Inc. pay a dividend?
Yes: Dillard's, Inc. paid $486M in dividends over the trailing twelve months, a dividend yield of 4.82% and a payout ratio of 71.3%.
Who are Dillard's, Inc.'s competitors?
In our Broadline Retail peer group, the companies closest to Dillard's, Inc. are eBay Inc., Etsy Inc, Vipshop Holdings Ltd, Kohls Corp and Ollie's Bargain Outlet Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Dillard's, Inc.'s.
Are insiders buying or selling Dillard's, Inc. stock?
Over the last 12 months, Dillard's, Inc.'s directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Dillard's, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Dillard's, Inc. announces its own schedule.