DG

MKT CAP:$27B

Dollar General Corporation

Market Cap

$27B

Consumer Defensive·Discount Stores·🇺🇸 United States·NYSE

Consumer Def.·Discount Stores·🇺🇸·NYSE

Stock Price

$120.30-$16.52 (-12.07%)

Apr 24, 2026

Company Details

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper...

CEO

Todd J. Vasos

IPO Date

Nov 13, 2009

Website

www.dollargeneral.com

Key Metrics TTM

Revenue

$42.1B

+4.9% YoY

Net Income

$1.3B

EPS (Diluted)

$5.79

Free Cash Flow

$2.3B

Revenue / Share

$190.62

Gross Margin

30.4%

Operating Margin

4.5%

Net Margin

3.0%

FCF Margin

5.6%

P/S

0.6x

P/E

20.8x

Earnings Reports

FY 2025

Mar 20, 2026

$42.7B+5.2%EPS $6.85

Q3 2025

Dec 4, 2025

$10.6B+4.6%EPS $1.28

Q2 2025

Aug 28, 2025

$10.7B+5.1%EPS $1.86

Q1 2025

Jun 3, 2025

$10.4B+5.3%EPS $1.78

FY 2024

Mar 21, 2025

$40.6B+5.0%EPS $5.11

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$8.7B	$2.7B	$797M
Q1 22	$8.8B	$2.7B	$746M
Q2 22	$9.4B	$3.0B	$913M
Q3 22	$9.5B	$2.9B	$736M
Q4 22	$10.2B	$3.1B	$933M
Q1 23	$9.3B	$3.0B	$741M
Q2 23	$9.8B	$3.0B	$692M
Q3 23	$9.7B	$2.8B	$433M
Q4 23	$9.9B	$2.7B	$580M
Q1 24	$9.9B	$2.8B	$546M
Q2 24	$10.2B	$3.1B	$550M
Q3 24	$10.2B	$2.9B	$324M
Q4 24	$10.3B	$3.0B	$294M
Q1 25	$10.4B	$3.2B	$576M
Q2 25	$10.7B	$3.4B	$595M
Q3 25	$10.6B	$3.2B	$426M

Valuation

Quarter	P/S	P/E
Q4 21	1.4x	19.9x
Q1 22	1.5x	23.5x
Q2 22	1.6x	24.4x
Q3 22	1.6x	24.0x
Q4 22	1.3x	20.7x
Q1 23	1.3x	20.3x
Q2 23	0.9x	16.9x
Q3 23	0.7x	13.7x
Q4 23	0.8x	17.8x
Q1 24	0.8x	19.8x
Q2 24	0.7x	19.1x
Q3 24	0.4x	13.5x
Q4 24	0.4x	14.0x
Q1 25	0.5x	17.6x
Q2 25	0.6x	20.5x
Q3 25	0.5x	17.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$639M	$348M
Q1 22	$450M	$168M
Q2 22	$499M	$121M
Q3 22	$300M	-$119M
Q4 22	$736M	$254M
Q1 23	$191M	-$172M
Q2 23	$536M	$131M
Q3 23	$715M	$243M
Q4 23	$950M	$490M
Q1 24	$664M	$322M
Q2 24	$989M	$635M
Q3 24	$542M	$201M
Q4 24	$801M	$528M
Q1 25	$847M	$556M
Q2 25	$968M	$565M
Q3 25	$1.0B	$690M

Capital Expenditures

Quarter	CapEx
Q4 21	$291M
Q1 22	$282M
Q2 22	$377M
Q3 22	$419M
Q4 22	$482M
Q1 23	$363M
Q2 23	$405M
Q3 23	$473M
Q4 23	$460M
Q1 24	$342M
Q2 24	$354M
Q3 24	$341M
Q4 24	$273M
Q1 25	$291M
Q2 25	$403M
Q3 25	$314M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+2.8%	+4.1%
Q1 22	+4.2%	+6.8%
Q2 22	+9.0%	+9.1%
Q3 22	+11.1%	+11.2%
Q4 22	+17.9%	+18.0%
Q1 23	+6.8%	+7.5%
Q2 23	+3.9%	+6.9%
Q3 23	+2.4%	+6.1%
Q4 23	-3.4%	+0.1%
Q1 24	+6.1%	+8.9%
Q2 24	+4.2%	+6.1%
Q3 24	+5.0%	+6.5%
Q4 24	+4.5%	+7.9%
Q1 25	+5.3%	+5.3%
Q2 25	+5.1%	+4.9%
Q3 25	+4.6%	+3.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$19M	0.2%
Q1 22	$27M	0.3%
Q2 22	$15M	0.2%
Q3 22	$15M	0.2%
Q4 22	$15M	0.1%
Q1 23	$25M	0.3%
Q2 23	$9M	0.1%
Q3 23	$7M	0.1%
Q4 23	$11M	0.1%
Q1 24	$22M	0.2%
Q2 24	$13M	0.1%
Q3 24	$14M	0.1%
Q4 24	$10M	0.1%
Q1 25	$30M	0.3%
Q2 25	$23M	0.2%
Q3 25	$20M	0.2%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q4 21	$1.8B	$117M	—
Q1 22	—	—	$2.0B
Q2 22	—	—	$2.1B
Q3 22	—	—	$2.1B
Q4 22	$2.1B	$126M	—
Q1 23	—	—	$2.2B
Q2 23	—	—	$2.4B
Q3 23	—	—	$2.4B
Q4 23	$2.0B	$131M	—
Q1 24	—	—	$2.2B
Q2 24	—	—	$2.5B
Q3 24	—	—	$2.6B
Q4 24	—	—	$2.7B
Q1 25	—	—	$2.7B
Q2 25	—	—	$2.8B
Q3 25	—	—	$2.8B

Revenue Segments

Quarter	Apparel	Consumables	Home Products	Seasonal
Q4 21	$322M	$6.6B	$639M	$1.1B
Q1 22	$290M	$7.0B	$540M	$961M
Q2 22	$303M	$7.5B	$560M	$1.1B
Q3 22	$283M	$7.7B	$574M	$943M
Q4 22	$299M	$8.1B	$658M	$1.2B
Q1 23	$266M	$7.6B	$531M	$963M
Q2 23	$282M	$7.9B	$517M	$1.1B
Q3 23	$278M	$7.9B	$534M	$941M
Q4 23	$275M	$7.9B	$582M	$1.1B
Q1 24	$261M	$8.2B	$479M	$964M
Q2 24	$278M	$8.4B	$480M	$1.1B
Q3 24	$275M	$8.4B	$522M	$940M
Q4 24	$279M	$8.3B	$593M	$1.1B
Q1 25	$269M	$8.6B	$507M	$1.0B
Q3 25	$282M	$8.8B	$551M	$992M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$336M	$0	$336M
Q2 22	$326M	$0	$326M
Q3 22	$363M	$0	$363M
Q4 22	$382M	$0	$382M
Q1 23	$313M	$0	$313M
Q2 23	$353M	$0	$353M
Q3 23	$365M	$0	$365M
Q4 23	$537M	$0	$537M
Q1 24	$721M	$0	$721M
Q2 24	$1.2B	$0	$1.2B
Q3 24	$537M	$0	$537M
Q4 24	$933M	$0	$933M
Q1 25	$850M	$0	$850M
Q2 25	$1.3B	$0	$1.3B
Q3 25	$1.2B	$0	$1.2B
Q4 25	$1.1B	$0	$1.1B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	233M	-0.6%	-5.3%
Q1 22	230M	-1.2%	-4.4%
Q2 22	227M	-0.9%	-3.8%
Q3 22	226M	-0.8%	-3.6%
Q4 22	223M	-1.3%	-4.2%
Q1 23	220M	-1.2%	-4.1%
Q2 23	220M	-0.1%	-3.3%
Q3 23	220M	-0.1%	-2.6%
Q4 23	220M	+0.0%	-1.3%
Q1 24	220M	+0.1%	-0.0%
Q2 24	220M	+0.0%	+0.1%
Q3 24	220M	-0.0%	+0.1%
Q4 24	220M	-0.0%	+0.0%
Q1 25	220M	+0.1%	+0.0%
Q2 25	221M	+0.3%	+0.4%
Q3 25	221M	+0.0%	+0.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$53.1K	163K
Q1 22	$53.7K	163K
Q2 22	$57.8K	163K
Q3 22	$58.1K	163K
Q4 22	$60.0K	170K
Q1 23	$55.0K	170K
Q2 23	$57.6K	170K
Q3 23	$57.0K	170K
Q4 23	$53.1K	186K
Q1 24	$53.4K	186K
Q2 24	$55.0K	186K
Q3 24	$54.8K	186K
Q4 24	$53.1K	194K
Q1 25	$53.7K	194K
Q2 25	$55.2K	194K
Q3 25	$54.8K	194K

Revenue / Employee