Dillard's, Inc.DDS
NYSE•Consumer Cyclical•Department Stores
Dillard's, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company offers fashion apparel for men, women, and children; accessories, cosmetics, home furnishings, and other consumer goods through dillards.com, an Internet store and clearance centers. It also engages in the general contracting construction activities, such as constructing and remodeling stores for the company. The company was founded in 1938 and is based in Little Rock, Arkansas.
Dillard's, Inc. (DDS) reported trailing twelve months revenue of $6.51B as of May 2026, a 0.8% increase year-over-year. Quarterly revenue reached $1.57B, reflecting continued top-line momentum.
Dillard's, Inc. generated $656.92M in TTM net income, with quarterly EBITDA of $297.36M. The operating margin contracted from 16.3% to 16.2%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (16.2%) and net margin (16.0%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 10.7% a year ago, signaling stronger bottom-line efficiency.
DDS trades at a P/E of 13.4x (below the broader market average) and a P/S of 1.4x. The price-to-book ratio of 4.4x reflects a moderate premium to book value.
The company generated $346.77M in free cash flow over the trailing twelve months, a 60.7% increase year-over-year, indicating cash generation ability. The balance sheet shows $4.14B in total assets with $200.00M in long-term debt against $2.03B in stockholders equity for a debt-to-equity ratio of 0.1, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~12.5% on average, but show some variability — pricing power may be sensitive to market conditions.
Consistently high ROE averaging 31.6% suggests a durable competitive advantage and efficient capital allocation.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~12.3% — no sign of cost or pricing stress.
FCF covers net income by 0.9x on average — earnings are well-supported by cash generation.
D/E ratio is 0.1 — conservative capital structure with low financial risk.
Revenue has softened, declining in 4 quarters. Monitor for further erosion.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 3.8% — net buybacks are reducing shares outstanding and boosting per-share value.