Forensic Analysis · Retail / Consumer Discretionary · as of Aug 8, 2026

Dollar Tree, Inc. (DLTR)

A forensic read on Dollar Tree, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

B · Sound & dependable

Forensic grade

Safe

Financial health

4.5

Distress distance

Clean

Earnings quality

Forensic signals

19.3

P / E (ttm)

34.2%

ROE

$24.9B

Market cap

10.4%

Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Dollar Tree, Inc. earns a B (Sound & dependable) forensic quality grade, and its balance-sheet distress test reads 4.5, placing it in the Safe zone. 3 forensic signals were flagged in its latest SEC filings, led by goodwill impairments.

What the filings flag

$1.4B

FY2020–FY2024

Goodwill impairments. Took $1.4B of goodwill writedowns across 2 years (FY2020 ($313M), FY2024 ($1.1B)) — about 34% of net income over the span. A large writedown means an acquisition turned out worth far less than was paid — a real mark against M&A discipline.

13.1%

FY2026

Return on invested capital. Return on invested capital is 13.1% in the latest fiscal year and rising from 9% — a modest positive spread over its ~9% cost of capital — growth adds value, though not dramatically.

146% of FCF

FY2026

Shareholder returns. Returned $1.5B to shareholders (buybacks + dividends) in FY2026 — 146% of free cash flow, but 71% of operating cash flow. Returns run ahead of free cash flow, with the gap funded by debt or cash reserves rather than the cash the business itself throws off; the payout itself is still covered by operating cash. Counting the $59M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 152%.

Key fundamentals

Latest Revenue$19.41B

Revenue Growth YoY+10.4%

Revenue CAGR (3yr)+8.0%

Net Margin6.6%

Free Cash Flow$1.06B

Return on Equity34.2%

Debt / Equity0.65x

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Dollar Tree, Inc.'s actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Aug 8, 2026. Forensic signals flag probability, not certainty.