Consumer Defensive · Discount Stores
Price
$120.15
Market Cap
$26.5B
Employees
194,200
Beta
0.26
Avg Volume
3,583,037
CEO
Todd J. Vasos
Business Description
Dollar General Corporation is a prominent discount retail chain that offers a wide array of merchandise across the southern, southwestern, Midwestern, and eastern regions of the United States. Its extensive product assortment primarily features consumable items. This includes household essentials such as paper products, cleaning supplies, and laundry detergents; a wide array of food options, ranging from shelf-stable groceries like cereals, pasta, canned goods, condiments, and baking ingredients, to fresh and refrigerated perishables such as milk, eggs, bread, and frozen foods, as well as alcoholic beverages like beer and wine. The selection further encompasses popular snacks (candies, cookies, crackers, and carbonated drinks), health and beauty aids (over-the-counter medications, personal care items, cosmetics, dental, and foot care products), pet food and supplies, and tobacco products. Beyond consumables, Dollar General offers seasonal merchandise, which includes holiday decorations, toys, electronics, greeting cards, stationery, prepaid phone services and accessories, gardening tools, hardware, automotive items, and home office supplies. Customers can also find various home goods, from kitchenware and small appliances to lighting, storage solutions, frames, candles, craft materials, and soft furnishings for the kitchen, bed, and bath. Lastly, the company stocks a selection of apparel, featuring everyday clothing for infants, children, women, and men, along with socks, underwear, disposable diapers, shoes, and accessories. As of February 25, 2022, Dollar General operated an impressive 18,190 stores spread across 47 U.S. states. Originally established in 1939 as J.L. Turner & Son, Inc., the company adopted its current name, Dollar General Corporation, in 1968. Its corporate headquarters are situated in Goodlettsville, Tennessee.
Business History
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
17.49
Stock Price: $120.15
EPS (Diluted): 6.87
EPS (Diluted): 6.87
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.71
Stock Price: $120.15
Total Equity: $8.51B
Shares: 220,814,000
Total Equity: $8.51B
Shares: 220,814,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
14.24
Market Cap: $26.50B
Total Debt: $4.58B
Cash: $1.14B
EBITDA: $3.24B
Total Debt: $4.58B
Cash: $1.14B
EBITDA: $3.24B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$46.1B
Market Cap: $26.50B
Total Debt: $4.58B
Cash: $1.14B
Total Debt: $4.58B
Cash: $1.14B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
30.7%
Gross Profit: $13.10B
Revenue: $42.72B
Revenue: $42.72B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
5.2%
Operating Income: $2.20B
Revenue: $42.72B
Revenue: $42.72B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
3.5%
Net Income: $1.51B
Revenue: $42.72B
Revenue: $42.72B
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
17.8%
Net Income: $1.51B
Total Equity: $8.51B
Total Equity: $8.51B
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
14.2%
Operating Income: $2.20B
Tax Rate: 23.0%
Equity: $8.51B
Total Debt: $4.58B
Cash: $1.14B
Tax Rate: 23.0%
Equity: $8.51B
Total Debt: $4.58B
Cash: $1.14B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.13
Current Assets: $7.90B
Current Liabilities: $6.96B
Current Liabilities: $6.96B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.54
Short-Term Debt: $14.40M
Long-Term Debt: $4.57B
Total Debt: $4.58B
Total Equity: $8.51B
Long-Term Debt: $4.57B
Total Debt: $4.58B
Total Equity: $8.51B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$193.49
Revenue: $42.72B
Shares: 220,814,000
Shares: 220,814,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$38.55
Total Equity: $8.51B
Shares: 220,814,000
Shares: 220,814,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$10.84
Operating CF: $3.63B
CapEx: -$1.24B
Shares: 220,814,000
CapEx: -$1.24B
Shares: 220,814,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.6%
Last Dividend: N/A
Stock Price: $120.15
Stock Price: $120.15
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $1.51B
Net Income: $1.51B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares DG against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 22, 2026 3:03am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $34.2B | $37.8B | $38.7B | $40.6B | $42.7B |
| Cost of Revenue | $23.4B | $26.0B | $27.0B | $28.6B | $29.6B |
| Gross Profit | $10.8B | $11.8B | $11.7B | $12.0B | $13.1B |
| Operating Expenses | $7.6B | $8.5B | $9.3B | $10.3B | $10.9B |
| Operating Income | $3.2B | $3.3B | $2.4B | $1.7B | $2.2B |
| Net Income | $2.4B | $2.4B | $1.7B | $1.1B | $1.5B |
| EBITDA | $3.9B | $4.1B | $3.3B | $2.7B | $3.2B |
| EPS | $10.24 | $10.73 | $7.57 | $5.12 | $6.87 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 22, 2026 3:02am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Cash & Equivalents | $344.8M | $381.6M | $537.3M | $932.6M | $1.1B |
| Total Current Assets | $6.3B | $7.6B | $8.0B | $8.2B | $7.9B |
| Total Assets | $26.3B | $29.1B | $30.8B | $31.1B | $31.0B |
| Current Liabilities | $6.0B | $5.9B | $6.7B | $6.9B | $7.0B |
| Long-Term Debt | $4.2B | $7.0B | $6.2B | $5.7B | $4.6B |
| Total Liabilities | $20.1B | $23.5B | $24.0B | $23.7B | $22.5B |
| Total Equity | $6.3B | $5.5B | $6.7B | $7.4B | $8.5B |
| Retained Earnings | $2.5B | $1.7B | $2.8B | $3.4B | $4.4B |
Cash Flow (Annual)
Last updated: Jun 22, 2026 3:04am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.9B | $2.0B | $2.4B | $3.0B | $3.6B |
| Capital Expenditure | -$1.1B | -$1.6B | -$1.7B | -$1.3B | -$1.2B |
| Free Cash Flow | $1.8B | $424.0M | $691.6M | $1.7B | $2.4B |
| Acquisitions (net) | $4.9M | $5.2M | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$2.5B | -$2.7B | $0 | $0 | $0 |
| Net Change in Cash | -$1.0B | $36.7M | $155.7M | $395.3M | $205.9M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:34am (21h ago)| Metric | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|
| Revenue |
$46.2B $45.3B – $46.9B
|
$48.3B $48.3B – $48.3B
|
$50.0B $49.6B – $50.6B
|
$51.9B $51.4B – $52.5B
|
| EBITDA |
$4.1B $4.1B – $4.2B
|
$4.3B $4.3B – $4.3B
|
$4.5B $4.4B – $4.5B
|
$4.6B $4.6B – $4.7B
|
| Net Income |
$1.8B $1.6B – $1.9B
|
$1.9B $1.7B – $2.2B
|
$2.2B $2.2B – $2.2B
|
$2.2B $2.2B – $2.3B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 22, 2026 3:03am (5d ago)| Metric | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue Growth | +10.6% | +2.2% | +5.0% | +5.2% |
| Gross Profit Growth | +9.3% | -0.9% | +2.5% | +9.0% |
| Operating Income Growth | +3.3% | -26.5% | -29.9% | +28.6% |
| Net Income Growth | +0.7% | -31.2% | -32.3% | +34.4% |
| EBITDA Growth | +4.9% | -18.7% | -18.5% | +20.7% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:36pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-07-07 | $0.59 | 2026-06-01 | 2026-07-07 | 2026-07-21 |
| 2026-04-07 | $0.59 | 2026-03-11 | 2026-04-07 | 2026-04-21 |
| 2026-01-06 | $0.59 | 2025-12-02 | 2026-01-06 | 2026-01-20 |
| 2025-10-07 | $0.59 | 2025-08-27 | 2025-10-07 | 2025-10-21 |
| 2025-07-08 | $0.59 | 2025-06-02 | 2025-07-08 | 2025-07-22 |
| 2025-04-08 | $0.59 | 2025-03-11 | 2025-04-08 | 2025-04-22 |
| 2025-01-07 | $0.59 | 2024-12-04 | 2025-01-07 | 2025-01-21 |
| 2024-10-08 | $0.59 | 2024-08-28 | 2024-10-08 | 2024-10-22 |
| 2024-07-09 | $0.59 | 2024-05-28 | 2024-07-09 | 2024-07-23 |
| 2024-04-08 | $0.59 | 2024-03-13 | 2024-04-09 | 2024-04-23 |
| 2024-01-08 | $0.59 | 2023-12-06 | 2024-01-09 | 2024-01-23 |
| 2023-10-06 | $0.59 | 2023-08-30 | 2023-10-10 | 2023-10-24 |
| 2023-07-10 | $0.59 | 2023-05-30 | 2023-07-11 | 2023-07-25 |
| 2023-04-10 | $0.59 | 2023-03-16 | 2023-04-11 | 2023-04-25 |
| 2022-12-30 | $0.55 | 2022-11-30 | 2023-01-03 | 2023-01-17 |
| 2022-10-03 | $0.55 | 2022-08-23 | 2022-10-04 | 2022-10-18 |
| 2022-07-01 | $0.55 | 2022-05-25 | 2022-07-05 | 2022-07-19 |
| 2022-04-04 | $0.55 | 2022-03-16 | 2022-04-05 | 2022-04-19 |
| 2022-01-03 | $0.42 | 2021-12-02 | 2022-01-04 | 2022-01-18 |
| 2021-10-04 | $0.42 | 2021-08-25 | 2021-10-05 | 2021-10-19 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for DG — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30