• Dollar Tree average gross margin for 2023 was 30.63%, a 0.49% increase from 2022.
• Dollar Tree average gross margin for 2022 was 30.48%, a 0.07% increase from 2021.
• Dollar Tree average gross margin for 2021 was 30.5%, a 1.97% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.