Forensic Analysis · Retail / Consumer Discretionary · as of Jun 28, 2026
HAVERTY FURNITURE COMPANIES INC (HVT)
A forensic read on HAVERTY FURNITURE COMPANIES INC built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
A · High-quality compounder
Forensic grade
Safe
Financial health
4.5
Altman Z-score
Clean
Earnings quality
4
Forensic signals
20.7
P / E (ttm)
6.6%
ROE
$415M
Market cap
5.25%
Dividend yield
HAVERTY FURNITURE COMPANIES INC earns a A (High-quality compounder) forensic quality grade, and its Altman Z-score is 4.5, placing it in the Safe zone. 4 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
5%Return on invested capital.Return on invested capital is 5% and slipping from 24% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
118dInventory days.Days inventory outstanding moved from 107 to 118 FY2024→FY2025 (against cost of goods sold; inventory +15% vs +5% in cost of sales). Inventory is building a little faster than sales — watch for markdowns.
1% of revStock-based comp load.Stock-based compensation ran 1% of revenue and 22% of free cash flow in FY2025. Meaningful — reported free cash flow flatters the economics, since SBC is a real cost paid in shares.
-58%Dividend — cut.The payout was CUT ~58% in FY2019 (from FY2018). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin2.6%
Debt / Equity0.00x
Free Cash Flow$33.0M
Latest Revenue$759.0M
Return on Equity6.4%
Revenue Growth YoY+5.0%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on HAVERTY FURNITURE COMPANIES INC:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about HVT's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown