Dollarama
Financial Performance
Dollarama Revenue & Financials
Revenue
~$4.2B (FY2024)
Market Cap
$38B
Net Income
~$733.3M
Employees
26,000
What is Dollarama's revenue?
Dollarama had ~$4.2B in revenue for fiscal year 2024, up 16.1% from 2023. Net income was ~$733.3M.
- Latest revenue
- ~$4.2B (FY2024)
- Year-over-year
- +16.1%
- Growth rate (CAGR)
- 10.8% over 9 years
- Peak revenue
- ~$4.2B (FY2024)
- Years of data
- 10
- Employees
- 26,000
- What is Dollarama's operating income?
- Dollarama reported operating income of ~$1.1B for fiscal year 2024. dollarama.com
- How much profit does Dollarama make?
- Dollarama reported net income of ~$733.3M for fiscal year 2024. dollarama.com
- How many employees does Dollarama have?
- Dollarama has about 26,000 employees.
Financial Analysis
Dollarama is widely recognized on global equity markets as one of the most profitable and disciplined retail growth compounds in the world. In fiscal year 2023/2024, Dollarama generated consolidated sales of CAD $5.87 billion, up 16.1% year-over-year with same-store sales growth of 12.8%. Gross margin expanded to 44.5% and operating income reached CAD $1.43 billion, delivering an industry-leading operating margin of 24.4%. GAAP net earnings rose 26% to CAD $1.01 billion ($3.56 diluted EPS). The enterprise generated over CAD $1.1 billion in free cash flow, reinvesting in new store openings while returning substantial capital to shareholders through growing dividends and continuous share buybacks.
Revenue Trend Analysis
YoY Change
+16.1%
9-Year CAGR
+10.8%
Peak Year
2024
Trend
Consistent Growth
Dollarama has 10 full fiscal year figures on this page, compounding at +10.8% annually over 9 years. The most recent year saw a 16.1% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$4.2B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2024 | ~$4.2B | ~$1.1B | ~$733.3M | +16.1% | Dollarama Inc. Fiscal 2024 Annual Report (SEDAR+) Fiscal year ended January 28, 2024. Revenue rose 16.1% to C$5.87B with a 17.4% net profit margin. |
| FY2023 | ~$3.6B | ~$858.3M | ~$577.4M | +16.7% | Dollarama Inc. Fiscal 2023 Annual Report (SEDAR+) Fiscal year ended January 29, 2023. Revenue broke the C$5B milestone as consumer value-seeking surged. |
| FY2022 | ~$3.1B | ~$730.3M | ~$477.5M | +7.6% | Dollarama Inc. Fiscal 2022 Annual Report (SEDAR+) Fiscal year ended January 30, 2022. Sales reached C$4.33B with solid recovery across all retail categories. |
| FY2021 | ~$2.9B | ~$638.8M | ~$406.3M | +6.3% | Dollarama Inc. Fiscal 2021 Annual Report (SEDAR+) Fiscal year ended January 31, 2021. Maintained resilient sales and profits despite COVID-19 pandemic restrictions. |
| FY2020 | ~$2.7B | ~$622.4M | ~$406.1M | +6.7% | Dollarama Inc. Fiscal 2020 Annual Report (SEDAR+) Fiscal year ended February 2, 2020. Acquired 50.1% controlling stake in Dollarcity; adopted IFRS 16. |
| FY2019 | ~$2.6B | ~$570.5M | ~$395.2M | +8.6% | Dollarama Inc. Fiscal 2019 Annual Report (SEDAR+) Fiscal year ended February 3, 2019 (53-week period). Dollarama enters Dollarcity option agreement. |
| FY2018 | ~$2.4B | ~$534.3M | ~$374M | +10.2% | Dollarama Inc. Fiscal 2018 Annual Report (SEDAR+) Fiscal year ended January 28, 2018. Annual net earnings surpassed C$500M. |
| FY2017 | ~$2.1B | ~$462.1M | ~$320.8M | +11.8% | Dollarama Inc. Fiscal 2017 Annual Report (SEDAR+) Fiscal year ended January 29, 2017. Store network reached 1,095 locations across Canada. |
| FY2016 | ~$1.9B | ~$393.3M | ~$277.3M | +13.7% | Dollarama Inc. Fiscal 2016 Annual Report (SEDAR+) Fiscal year ended January 31, 2016. Sales increased 13.7% to C$2.65B. |
| FY2015 | ~$1.7B | ~$303.5M | ~$212.7M | — | Dollarama Inc. Fiscal 2015 Annual Report (SEDAR+) Fiscal year ended February 1, 2015. Sales grew 13.7% with 81 net new store openings. |
Click any row to see year details.
Keep researching Dollarama
Dollarama Revenue and Financial FAQ
What was Dollarama's latest reported annual revenue?
In its latest audited financial reporting period, Dollarama recorded consolidated net revenue of CAD $5.87B ($4.35B), demonstrating durable revenue growth across its primary operating divisions.
How profitable is Dollarama?
Dollarama generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Dollarama's capital and liquidity position?
Dollarama maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Dollarama distribute capital to shareholders?
Dollarama executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Dollarama Revenue & Financials." CorpDigest, https://corpdigest.com/company/dollarama/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Dollarama reported ~$4.2B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/dollarama/financials" target="_blank" rel="noopener">CorpDigest — Dollarama financials</a></div>Related Financial Audits
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