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Dollar TreeDLTR +0.72%80 Debt-to-Equity is 2.17 as of Apr. 2026, which is 62% above its 10-year median of 1.34. GuruFocus rates DLTR with a GF Score™ of 80/100 and a GF Value™ of $147.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 279 Retail - Defensive companies, Dollar Tree ranks worse than 86.02% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Dollar Tree's Debt-to-Equity or its related term are showing as below:
DLTR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 1.34 Max: 2.21
Current: 2.17
During the past 13 years, the highest Debt-to-Equity Ratio of Dollar Tree was 2.21. The lowest was 0.64. And the median was 1.34.
DLTR's Debt-to-Equity is ranked worse than 86.02% of 279
companies
in the Retail - Defensive industry
Industry Median: 0.55
vs DLTR: 2.17
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Dollar Tree Debt-to-Equity Related Terms
Dollar Tree Debt-to-Equity Historical Data
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The historical data trend for Dollar Tree's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Discount Stores subindustry, Dollar Tree's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dollar Tree Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Dollar Tree's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Dollar Tree's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dollar Tree (DLTR) has a Debt-to-Equity of 2.17 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dollar Tree and its competitors. This is 62% above median its historical median of 1.34. Over the past decade, Dollar Tree's Debt-to-Equity has ranged from 0.64 to 2.21. According to the industry distribution chart, Dollar Tree ranks #240 out of 279 companies in the Retail - Defensive industry, placing it in the top 86%.
Is Dollar Tree's Debt-to-Equity too high?
Dollar Tree's current Debt-to-Equity of 2.17 is 62% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.21. The Retail - Defensive industry median Debt-to-Equity is 0.55. Dollar Tree's value of 2.17 is 294.5% above this industry median. Based on the distribution chart, Dollar Tree ranks #240 out of 279 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Dollar Tree has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dollar Tree's Debt-to-Equity compare to DG and BJ?
According to the Retail - Defensive industry distribution chart, Dollar Tree ranks #240 out of 279 companies for Debt-to-Equity. This places Dollar Tree in the lower half of its industry. The industry median Debt-to-Equity is 0.55. Dollar Tree's value of 2.17 is 294.5% above this benchmark. Historically, Dollar Tree's own Debt-to-Equity has ranged from 0.64 to 2.21 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.55, Dollar Tree has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.55, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dollar Tree's current Debt-to-Equity of 2.17 is 294.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dollar Tree and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollar Tree's current Debt-to-Equity is 2.17, which is 62% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollar Tree stock overvalued right now?
Based on GuruFocus' analysis, Dollar Tree (DLTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $147.76, compared to a current price of $129.53 — trading 12.3% below its estimated fair value. The current Debt-to-Equity is 2.17, which is 62% above median its 10-year median of 1.34 and 294.5% above the Retail - Defensive industry median of 0.55. Dollar Tree's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Dollar Tree (DLTR), the current Debt-to-Equity is 2.17 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dollar Tree (DLTR) Overvalued in 2026?
Based on GuruFocus' analysis, Dollar Tree stock appears to be undervalued.
The current stock price of $129.53 is trading 12.3% below its estimated GF Value™ of $147.76.
GuruFocus considers Dollar Tree to be Modestly Undervalued.
Key valuation signals for DLTR:
Debt-to-Equity: 2.17 (62% above median its 10-year median of 1.34)
GF Value™: $147.76 vs. price of $129.53 (12.3% below fair value)
Industry Position: 294.5% above the Retail - Defensive median (#240 of 279)
No single metric tells the full story. See the DLTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1986, Dollar Tree operates almost 9,000 small-box discount stores across the United States and Canada, offering roughly 85% of its merchandise under $2. The chain targets value-conscious suburban and urban shoppers with a mix of consumables (49% of sales), variety (45%), and seasonal goods (6%). In fiscal 2025, Dollar Tree generated over $19 billion in sales, through its multi-price strategy, higher-margin discretionary assortments, and private-label products that account for nearly one-third of sales.
80GF Score
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