Cash flow Dollar General Corporation

Equities

DG

US2566771059

Discount Stores

Market Closed - Nyse Other stock markets 04:00:02 2026-03-06 pm EST			5-day change	1st Jan Change
146.31 ^USD	-0.16%		-6.36%	+10.20%

Mar. 06	U.S. earnings week ahead	RE
Mar. 06	Piper Sandler Adjusts Price Target on Dollar General to $132 From $129, Maintains Neutral Rating	MT

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Published financial data: DOLLAR GENERAL CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021	2022	2023	2024	2025
Revenues	33.75B	34.22B	37.84B	38.69B	40.61B
Total Revenues	33.75B	34.22B	37.84B	38.69B	40.61B
Cost of Goods Sold, Total	23.03B	23.41B	26.02B	26.97B	28.59B
Gross Profit	10.72B	10.81B	11.82B	11.72B	12.02B
Selling General & Admin Expenses, Total	7.16B	7.59B	8.49B	9.27B	10.08B
Other Operating Expenses, Total	7.16B	7.59B	8.49B	9.27B	10.08B
Operating Income	3.56B	3.22B	3.33B	2.45B	1.94B
Interest Expense, Total	-150M	-158M	-211M	-327M	-274M
Net Interest Expenses	-150M	-158M	-211M	-327M	-274M
Other Non Operating Income (Expenses)	-	-	-415K	-	-
EBT, Excl. Unusual Items	3.41B	3.07B	3.12B	2.13B	1.67B
Restructuring Charges	-	-	-	-	-
Asset Writedown	-2.7M	-2.6M	-2.1M	-6.7M	-227M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	3.4B	3.06B	3.12B	2.12B	1.44B
Income Tax Expense	749M	664M	701M	458M	315M
Earnings From Continuing Operations	2.66B	2.4B	2.42B	1.66B	1.13B
Net Income to Company	2.66B	2.4B	2.42B	1.66B	1.13B
Net Income - (IS)	2.66B	2.4B	2.42B	1.66B	1.13B
Net Income to Common Incl Extra Items	2.66B	2.4B	2.42B	1.66B	1.13B
Net Income to Common Excl. Extra Items	2.66B	2.4B	2.42B	1.66B	1.13B
Per Share Items
Net EPS - Basic	10.7	10.24	10.73	7.57	5.12
Basic EPS - Continuing Operations	10.7	10.24	10.73	7.57	5.12
Basic Weighted Average Shares Outstanding	248M	234M	225M	219M	220M
Net EPS - Diluted	10.62	10.17	10.68	7.55	5.11
Diluted EPS - Continuing Operations	10.62	10.17	10.68	7.55	5.11
Diluted Weighted Average Shares Outstanding	250M	236M	226M	220M	220M
Normalized Basic EPS	8.58	8.18	8.66	6.06	4.74
Normalized Diluted EPS	8.52	8.13	8.61	6.04	4.73
Dividend Per Share	1.44	1.68	2.2	2.36	2.36
Payout Ratio	13.41	16.35	20.44	31.18	46.12
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	4.13B	3.86B	4.06B	3.3B	2.91B
EBITA	3.56B	3.22B	3.33B	2.45B	1.94B
EBIT	3.56B	3.22B	3.33B	2.45B	1.94B
EBITDAR	5.51B	5.63B	5.98B	5.41B	5.19B
Effective Tax Rate - (Ratio)	22.01	21.67	22.48	21.62	21.84
Current Domestic Taxes	714M	549M	464M	384M	344M
Current Foreign Taxes	127K	384K	279K	880K	422K
Total Current Taxes	714M	550M	465M	384M	345M
Deferred Domestic Taxes	35.1M	114M	236M	74.14M	-30.4M
Deferred Foreign Taxes	-104K	-38K	-24K	-297K	4K
Total Deferred Taxes	34.99M	114M	236M	73.84M	-30.4M
Normalized Net Income	2.13B	1.92B	1.95B	1.33B	1.04B
Interest Capitalized	100K	1.2M	4.8M	12.5M	14.6M
Interest on Long-Term Debt	150M	159M	216M	339M	-
Supplemental Operating Expense Items
Advertising Expense	-	117M	126M	131M	123M
Marketing Expenses	107M	-	-	-	-
Selling and Marketing Expenses	107M	117M	126M	131M	123M
Net Rental Expense, Total	1.38B	1.77B	1.92B	2.11B	2.28B
Imputed Operating Lease Interest Expense	131M	161M	208M	320M	296M
Imputed Operating Lease Depreciation	1.25B	1.61B	1.71B	1.79B	1.98B
Stock-Based Comp., SG&A Exp. (Total)	68.61M	78.18M	72.71M	51.89M	58.74M
Total Stock-Based Compensation	68.61M	78.18M	72.71M	51.89M	58.74M

Fiscal Period: January	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.38B	345M	382M	537M	933M
Total Cash And Short Term Investments	1.38B	345M	382M	537M	933M
Other Receivables	90.76M	97.39M	136M	112M	127M
Total Receivables	90.76M	97.39M	136M	112M	127M
Inventory	5.25B	5.61B	6.76B	6.99B	6.71B
Prepaid Expenses	199M	247M	303M	367M	393M
Total Current Assets	6.91B	6.3B	7.58B	8.01B	8.16B
Gross Property Plant And Equipment	16.74B	18.03B	19.82B	21.7B	22.49B
Accumulated Depreciation	-3.36B	-3.59B	-3.91B	-4.51B	-5.11B
Net Property Plant And Equipment	13.37B	14.44B	15.91B	17.19B	17.37B
Goodwill	4.34B	4.34B	4.34B	4.34B	4.34B
Other Intangibles, Total	1.2B	1.2B	1.2B	1.2B	1.2B
Other Long-Term Assets, Total	36.62M	46.13M	57.75M	60.63M	57.28M
Total Assets	25.86B	26.33B	29.08B	30.8B	31.13B
Liabilities
Accounts Payable, Total	3.61B	3.74B	3.55B	3.59B	3.83B
Accrued Expenses, Total	698M	668M	648M	573M	647M
Current Portion of Long-Term Debt	-	-	-	769M	519M
Current Portion of Leases	1.07B	1.18B	1.29B	1.39B	1.46B
Current Income Taxes Payable	16.06M	8.06M	8.92M	10.71M	10.14M
Other Current Liabilities	309M	382M	389M	399M	399M
Total Current Liabilities	5.71B	5.98B	5.89B	6.73B	6.87B
Long-Term Debt	4.13B	4.17B	7.01B	6.23B	5.72B
Long-Term Leases	8.39B	8.89B	9.36B	9.7B	9.76B
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	711M	825M	1.06B	1.13B	1.1B
Other Non Current Liabilities	264M	198M	221M	252M	263M
Total Liabilities	19.2B	20.07B	23.54B	24.05B	23.72B
Common Stock, Total	211M	201M	192M	192M	192M
Additional Paid In Capital	3.45B	3.59B	3.69B	3.76B	3.81B
Retained Earnings	3.01B	2.47B	1.66B	2.8B	3.41B
Comprehensive Income and Other	-2.16M	-1.19M	43K	493K	2.99M
Total Common Equity	6.66B	6.26B	5.54B	6.75B	7.41B
Total Equity	6.66B	6.26B	5.54B	6.75B	7.41B
Total Liabilities And Equity	25.86B	26.33B	29.08B	30.8B	31.13B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	239M	229M	219M	220M	220M
ECS Total Common Shares Outstanding	241M	230M	219M	220M	220M
Book Value / Share	27.66	27.22	25.29	30.72	33.71
Tangible Book Value	1.12B	724M	3.48M	1.21B	1.88B
Tangible Book Value Per Share	4.66	3.15	0.02	5.51	8.53
Total Debt	13.59B	14.25B	17.66B	18.09B	17.46B
Net Debt	12.21B	13.9B	17.28B	17.55B	16.53B
Debt Equivalent Oper. Leases	11.04B	14.16B	15.36B	16.88B	18.24B
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	-116M	-296M	-814M	-875M	-914M
Inventories - Finished Goods, Total	5.25B	5.61B	6.76B	6.99B	6.71B
Land - (BS)	225M	227M	231M	237M	265M
Buildings, Total	1.33B	1.45B	1.56B	1.69B	2.03B
Machinery, Total	4.49B	4.98B	5.71B	6.6B	7.13B
Full Time Employees	158K	163K	170K	186K	194K

Fiscal Period: January	2021	2022	2023	2024	2025
Net Income	2.66B	2.4B	2.42B	1.66B	1.13B
Depreciation & Amortization - CF	574M	641M	725M	849M	972M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	574M	641M	725M	849M	972M
(Gain) Loss From Sale Of Asset	11.57M	191M	531M	88.98M	296M
Stock-Based Compensation (CF)	68.61M	78.18M	72.71M	51.89M	58.74M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	34.98M	114M	235M	72.85M	-30.34M
Change In Inventories	-576M	-550M	-1.67B	-299M	230M
Change In Accounts Payable	746M	98.74M	-195M	36.94M	303M
Change In Income Taxes	-6.52M	-14.64M	-37.52M	25.3M	-15.44M
Change in Other Net Operating Assets	368M	-92.29M	-97.26M	-95.17M	56.85M
Cash from Operations	3.88B	2.87B	1.98B	2.39B	3B
Capital Expenditure	-1.03B	-1.07B	-1.56B	-1.7B	-1.31B
Sale of Property, Plant, and Equipment	3.05M	4.9M	5.24M	6.2M	3.56M
Cash from Investing	-1.02B	-1.07B	-1.56B	-1.69B	-1.31B
Short Term Debt Issued, Total	300M	54.3M	1.45B	500M	-
Long-Term Debt Issued, Total	1.49B	-	2.3B	1.5B	-
Total Debt Issued	1.79B	54.3M	3.74B	2B	-
Short Term Debt Repaid, Total	-725M	-	-	-2B	-
Long-Term Debt Repaid, Total	-4.64M	-6.4M	-911M	-19.72M	-770M
Total Debt Repaid	-730M	-6.4M	-911M	-2.02B	-770M
Repurchase of Common Stock	-2.47B	-2.55B	-2.75B	-	-
Common Dividends Paid	-356M	-392M	-494M	-518M	-519M
Common & Preferred Stock Dividends Paid	-356M	-392M	-494M	-518M	-519M
Other Financing Activities, Total	42.89M	61.96M	16.96M	-726K	-5.23M
Cash from Financing	-1.71B	-2.83B	-392M	-542M	-1.29B
Net Change in Cash	1.14B	-1.03B	36.75M	156M	395M
Supplemental Items
Cash Interest Paid	128M	160M	195M	352M	337M
Cash Income Tax Paid (Refund)	722M	568M	501M	360M	355M
Levered Free Cash Flow	2.2B	1.3B	-251M	226M	1.32B
Unlevered Free Cash Flow	2.3B	1.4B	-119M	431M	1.49B
Change In Net Working Capital	-458M	262M	1.44B	303M	-561M
Net Debt Issued / Repaid	1.06B	47.9M	2.83B	-23.36M	-770M

Fiscal Period: January	2021	2022	2023	2024	2025
Profitability
Return on Assets	9.13	7.72	7.51	5.12	3.92
Return on Total Capital	11.51	9.88	9.52	6.38	4.88
Return On Equity %	39.74	37.13	40.94	27.03	15.89
Return on Common Equity	39.74	37.13	40.94	27.03	15.89
Margin Analysis
Gross Profit Margin %	31.76	31.6	31.23	30.29	29.59
SG&A Margin	21.22	22.18	22.43	23.95	24.81
EBITDA Margin %	12.24	11.29	10.72	8.53	7.17
EBITA Margin %	10.54	9.42	8.8	6.34	4.78
EBIT Margin %	10.54	9.42	8.8	6.34	4.78
Income From Continuing Operations Margin %	7.87	7.01	6.38	4.29	2.77
Net Income Margin %	7.87	7.01	6.38	4.29	2.77
Net Avail. For Common Margin %	7.87	7.01	6.38	4.29	2.77
Normalized Net Income Margin	6.31	5.6	5.15	3.43	2.56
Levered Free Cash Flow Margin	6.53	3.81	-0.66	0.59	3.26
Unlevered Free Cash Flow Margin	6.81	4.09	-0.31	1.11	3.68
Asset Turnover
Asset Turnover	1.39	1.31	1.37	1.29	1.31
Fixed Assets Turnover	2.65	2.46	2.49	2.34	2.35
Inventory Turnover (Average Inventory)	4.64	4.31	4.21	3.92	4.17
Short Term Liquidity
Current Ratio	1.21	1.05	1.29	1.19	1.19
Quick Ratio	0.26	0.07	0.09	0.1	0.15
Operating Cash Flow to Current Liabilities	0.68	0.48	0.34	0.36	0.44
Days Outstanding Inventory (Average Inventory)	78.44	84.45	88.21	92.81	87.23
Average Days Payable Outstanding	49.94	56.29	49.78	47.77	47.7
Long Term Solvency
Total Debt/Equity	204.02	227.5	318.69	268.05	235.56
Total Debt / Total Capital	67.11	69.47	76.12	72.83	70.2
LT Debt/Equity	187.9	208.6	295.43	236.11	208.85
Long-Term Debt / Total Capital	61.8	63.7	70.56	64.15	62.24
Total Liabilities / Total Assets	74.24	76.21	80.95	78.08	76.19
EBIT / Interest Expense	23.66	20.46	15.76	7.51	7.07
EBITDA / Interest Expense	36.65	35.77	28.28	16.56	18.93
(EBITDA - Capex) / Interest Expense	29.82	28.97	20.9	11.36	14.15
Total Debt / EBITDA	2.47	2.53	2.96	3.34	3.36
Net Debt / EBITDA	2.22	2.47	2.89	3.24	3.18
Total Debt / (EBITDA - Capex)	3.03	3.12	4	4.87	4.5
Net Debt / (EBITDA - Capex)	2.72	3.05	3.91	4.73	4.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.59	1.4	10.59	2.24	4.96
Gross Profit, 1 Yr. Growth %	26.27	0.88	9.31	-0.86	2.55
EBITDA, 1 Yr. Growth %	45.4	-6.46	4.93	-18.58	-11.79
EBITA, 1 Yr. Growth %	52.23	-9.39	3.32	-26.35	-20.88
EBIT, 1 Yr. Growth %	52.23	-9.39	3.32	-26.35	-20.88
Earnings From Cont. Operations, 1 Yr. Growth %	55.03	-9.64	0.7	-31.24	-32.27
Net Income, 1 Yr. Growth %	55.03	-9.64	0.7	-31.24	-32.27
Normalized Net Income, 1 Yr. Growth %	52.35	-10.02	1.73	-31.82	-21.62
Diluted EPS Before Extra, 1 Yr. Growth %	59.94	-4.24	5.01	-29.31	-32.32
Inventory, 1 Yr. Growth %	12.2	6.99	20.42	3.45	-4.05
Net Property, Plant and Equip., 1 Yr. Growth %	10.76	7.97	10.16	8.04	1.09
Total Assets, 1 Yr. Growth %	13.31	1.8	10.47	5.89	1.09
Tangible Book Value, 1 Yr. Growth %	-3.53	-35.55	-99.52	34.66K	54.89
Common Equity, 1 Yr. Growth %	-0.62	-5.99	-11.5	21.79	9.85
Cash From Operations, 1 Yr. Growth %	73.2	-26.07	-30.75	20.52	25.26
Capital Expenditures, 1 Yr. Growth %	30.98	4.13	45.79	8.95	-22.96
Levered Free Cash Flow, 1 Yr. Growth %	80.47	-40.85	-119.26	-190.26	484.29
Unlevered Free Cash Flow, 1 Yr. Growth %	78.96	-38.99	-108.48	-462.32	247.04
Dividend Per Share, 1 Yr. Growth %	12.5	16.67	30.95	7.27	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	14.76	11.04	5.9	6.33	3.59
Gross Profit, 2 Yr. CAGR %	17.2	12.86	5.01	4.11	0.83
EBITDA, 2 Yr. CAGR %	26.68	16.62	-0.93	-7.57	-15.25
EBITA, 2 Yr. CAGR %	29.53	17.44	-3.24	-12.76	-23.66
EBIT, 2 Yr. CAGR %	29.53	17.44	-3.24	-12.76	-23.66
Earnings From Cont. Operations, 2 Yr. CAGR %	29.24	18.36	-4.61	-16.79	-31.75
Net Income, 2 Yr. CAGR %	29.24	18.36	-4.61	-16.79	-31.75
Normalized Net Income, 2 Yr. CAGR %	29.85	17.08	-4.33	-16.72	-26.9
Diluted EPS Before Extra, 2 Yr. CAGR %	33.38	23.76	0.28	-13.84	-30.83
Inventory, 2 Yr. CAGR %	13.17	9.56	13.51	11.61	-0.37
Net Property, Plant and Equip., 2 Yr. CAGR %	112.17	9.35	9.06	9.1	4.51
Total Assets, 2 Yr. CAGR %	39.95	7.4	6.04	8.15	3.46
Tangible Book Value, 2 Yr. CAGR %	13.05	-21.15	-94.43	29.35	2.22K
Common Equity, 2 Yr. CAGR %	1.88	-3.34	-8.79	3.82	15.66
Cash From Operations, 2 Yr. CAGR %	34.47	13.16	-28.45	-8.64	22.87
Capital Expenditures, 2 Yr. CAGR %	18.31	16.79	23.21	26.03	-8.38
Levered Free Cash Flow, 2 Yr. CAGR %	46.47	3.32	-66.25	-58.31	129.65
Unlevered Free Cash Flow, 2 Yr. CAGR %	45.21	4.49	-77.25	-44.56	254.6
Dividend Per Share, 2 Yr. CAGR %	11.42	14.56	23.6	18.52	3.57
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.87	10.12	10.89	4.66	5.87
Gross Profit, 3 Yr. CAGR %	14.07	11.48	11.67	3.02	3.58
EBITDA, 3 Yr. CAGR %	19.52	14.5	12.58	-7.2	-9
EBITA, 3 Yr. CAGR %	20.85	14.98	12.53	-11.65	-15.56
EBIT, 3 Yr. CAGR %	20.85	14.98	12.53	-11.65	-15.56
Earnings From Cont. Operations, 3 Yr. CAGR %	19.94	14.71	12.15	-14.47	-22.31
Net Income, 3 Yr. CAGR %	19.94	14.71	12.15	-14.47	-22.31
Normalized Net Income, 3 Yr. CAGR %	21.1	14.91	11.72	-14.54	-18.39
Diluted EPS Before Extra, 3 Yr. CAGR %	23.56	19.43	17.17	-10.75	-20.5
Inventory, 3 Yr. CAGR %	13.29	11.07	13.07	10.05	6.13
Net Property, Plant and Equip., 3 Yr. CAGR %	70.43	69.39	9.62	8.72	6.36
Total Assets, 3 Yr. CAGR %	27.37	25.86	8.41	5.99	5.75
Tangible Book Value, 3 Yr. CAGR %	24.15	-6.26	-85.59	2.55	37.36
Common Equity, 3 Yr. CAGR %	2.83	-0.81	-6.14	0.44	5.79
Cash From Operations, 3 Yr. CAGR %	29.08	10.16	-3.93	-14.87	1.49
Capital Expenditures, 3 Yr. CAGR %	16.72	13.38	25.75	18.26	6.96
Levered Free Cash Flow, 3 Yr. CAGR %	32.71	8.26	-40.98	-53.15	0.52
Unlevered Free Cash Flow, 3 Yr. CAGR %	31.81	8.76	-54.75	-42.76	2.18
Dividend Per Share, 3 Yr. CAGR %	11.46	13.14	19.79	17.9	12
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.63	9.25	10.03	8.59	7.91
Gross Profit, 5 Yr. CAGR %	11.19	9.78	10.36	8.47	7.2
EBITDA, 5 Yr. CAGR %	12.44	9.55	10.88	5.1	0.49
EBITA, 5 Yr. CAGR %	12.82	9.26	10.56	2.96	-3.65
EBIT, 5 Yr. CAGR %	12.82	9.26	10.56	2.96	-3.65
Earnings From Cont. Operations, 5 Yr. CAGR %	17.91	13.91	9.44	0.89	-8.06
Net Income, 5 Yr. CAGR %	17.91	13.91	9.44	0.89	-8.06
Normalized Net Income, 5 Yr. CAGR %	12.88	9.23	10.2	1.02	-5.71
Diluted EPS Before Extra, 5 Yr. CAGR %	21.87	18.08	13.66	4.81	-5.1
Inventory, 5 Yr. CAGR %	11.29	11.49	13.38	11.29	7.49
Net Property, Plant and Equip., 5 Yr. CAGR %	42.65	42.77	42.56	42.06	7.55
Total Assets, 5 Yr. CAGR %	18.1	17.67	18.37	18.46	6.4
Tangible Book Value, 5 Yr. CAGR %	47.34	40.33	-64.13	6.63	10.01
Common Equity, 5 Yr. CAGR %	4.37	2.98	-1.98	1.01	2.04
Cash From Operations, 5 Yr. CAGR %	22.74	12.29	1.95	2.22	6.01
Capital Expenditures, 5 Yr. CAGR %	15.28	13.82	19.28	18.28	10.79
Levered Free Cash Flow, 5 Yr. CAGR %	20.71	5.41	-23.25	-26.09	1.63
Unlevered Free Cash Flow, 5 Yr. CAGR %	20.24	5.69	-34.72	-16.93	3.1
Dividend Per Share, 5 Yr. CAGR %	10.35	10.93	16.17	15.26	13.02