DILLARD’S, INC.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Aug 2009 | 31.2% | -2.8% | -1.8% |
| Oct 2009 | 35.8% | -0.2% | 0.6% |
| May 2010 | 36.4% | 5.2% | 3.3% |
| Jul 2010 | 32.3% | 0.5% | 0.5% |
| Oct 2010 | 35.4% | 1.6% | 1.0% |
| Jan 2011 | 34.1% | — | 5.7% |
| Apr 2011 | 38.0% | 7.7% | 5.1% |
| Jul 2011 | 32.4% | 1.6% | 1.2% |
| Oct 2011 | 35.4% | 2.8% | 16.1% |
| Jan 2012 | 33.9% | — | 7.2% |
| Apr 2012 | 37.4% | 9.3% | 6.0% |
| Jul 2012 | 32.8% | 3.2% | 2.0% |
| Oct 2012 | 35.7% | 4.9% | 3.3% |
| Feb 2013 | 34.4% | — | 7.7% |
| May 2013 | 38.5% | 11.3% | 7.4% |
| Aug 2013 | 33.2% | 3.7% | 2.4% |
| Nov 2013 | 35.3% | 5.2% | 3.4% |
| Feb 2014 | 32.6% | — | 5.9% |
| May 2014 | 38.5% | 10.9% | 7.0% |
| Aug 2014 | 32.9% | 3.5% | 2.3% |
| Nov 2014 | 35.7% | 5.7% | 3.7% |
| Jan 2015 | 32.9% | — | 6.1% |
| May 2015 | 38.0% | 10.4% | 6.8% |
| Aug 2015 | 31.8% | 3.9% | 1.9% |
| Oct 2015 | 35.4% | 5.8% | 3.1% |
| Jan 2016 | 29.7% | — | 4.1% |
| Apr 2016 | 36.7% | 8.8% | 5.0% |
| Jul 2016 | 30.8% | 2.3% | 0.8% |
| Oct 2016 | 34.6% | 3.6% | 1.6% |
| Jan 2017 | 30.0% | — | 2.9% |
| Apr 2017 | 37.7% | 8.1% | 4.6% |
| Jul 2017 | 28.7% | -0.8% | -1.2% |
| Oct 2017 | 33.3% | 2.6% | 1.0% |
| Feb 2018 | 30.5% | — | 7.6% |
| May 2018 | 37.2% | 7.9% | 5.4% |
| Aug 2018 | 30.0% | 0.7% | -0.2% |
| Nov 2018 | 31.9% | 1.2% | 0.5% |
| Feb 2019 | 29.6% | — | 4.2% |
| May 2019 | 35.9% | 7.5% | 5.2% |
| Aug 2019 | 27.1% | -2.7% | -2.8% |
| Nov 2019 | 32.4% | 1.0% | 0.4% |
| May 2020 | 12.0% | -26.3% | -19.7% |
| Aug 2020 | 29.5% | -2.2% | -0.9% |
| Oct 2020 | 34.8% | 1.2% | 3.0% |
| May 2021 | 40.8% | 15.8% | 11.7% |
| Jul 2021 | 40.2% | 15.7% | 11.6% |
| Oct 2021 | 45.3% | 17.5% | 13.1% |
| Apr 2022 | 45.7% | 20.4% | 15.3% |
| Jul 2022 | 40.0% | 13.6% | 10.1% |
| Oct 2022 | 43.8% | 15.9% | 11.9% |
| Apr 2023 | 42.9% | 16.3% | 12.5% |
| Jul 2023 | 38.1% | 10.8% | 8.2% |
| Oct 2023 | 42.7% | 13.1% | 10.3% |
| May 2024 | 43.9% | 14.7% | 11.4% |
| Aug 2024 | 36.9% | 6.4% | 4.9% |
| Nov 2024 | 41.9% | 11.2% | 8.6% |
| May 2025 | 43.4% | 13.8% | 10.6% |
| Aug 2025 | 36.1% | 6.2% | 4.7% |
| Nov 2025 | 42.7% | 11.3% | 8.7% |
| May 2026 | 43.9% | 20.6% | 15.8% |
| Aug 2026 | 39.1% | 8.3% | 6.4% |