Dollar General Financials
This page shows Dollar General (DG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash generation recovered ahead of reported earnings, with inventory discipline and deleveraging doing much of the operational repair inside the business.
By FY2026, gross margin had recovered to30.7% from29.6% in FY2025, but operating margin improved far less. Even after the rebound, it remained below FY2024's6.3% at just5.2% , which says the earnings reset was driven more by a heavier operating cost base than by merchandise margin alone.
FY2026 operating cash flow of
The balance sheet is becoming less debt-dependent: long-term debt fell to
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Dollar General's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Dollar General has an operating margin of 5.2%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 34/100, indicating healthy but not exceptional operating efficiency. This is up from 4.2% the prior year.
Dollar General's revenue grew 5.2% year-over-year to $42.7B, a solid pace of expansion. This earns a growth score of 42/100.
Dollar General carries a low D/E ratio of 0.54, meaning only $0.54 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
Dollar General's current ratio of 1.13 is below the typical benchmark, resulting in a score of 18/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Dollar General has a free cash flow margin of 5.6%, earning a moderate score of 36/100. The company generates positive cash flow after capital investments, but with room for improvement.
Dollar General's ROE of 17.8% shows moderate profitability relative to equity, earning a score of 51/100. This is up from 14.6% the prior year.
Dollar General scores 2.53, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Dollar General passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Dollar General generates $2.40 in operating cash flow ($3.6B OCF vs $1.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Dollar General generated $42.7B in revenue in fiscal year 2026. This represents an increase of 5.2% from the prior year.
Dollar General's EBITDA was $3.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 21.0% from the prior year.
Dollar General reported $1.5B in net income in fiscal year 2026. This represents an increase of 34.4% from the prior year.
Dollar General earned $6.85 per diluted share (EPS) in fiscal year 2026. This represents an increase of 34.1% from the prior year.
Cash & Balance Sheet
Dollar General generated $2.4B in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 41.9% from the prior year.
Dollar General held $1.1B in cash against $4.6B in long-term debt as of fiscal year 2026.
Dollar General paid $2.36 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.
Dollar General had 220M shares outstanding in fiscal year 2026. This represents an increase of 0.1% from the prior year.
Margins & Returns
Dollar General's gross margin was 30.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the prior year.
Dollar General's operating margin was 5.2% in fiscal year 2026, reflecting core business profitability. This is up 0.9 percentage points from the prior year.
Dollar General's net profit margin was 3.5% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.8 percentage points from the prior year.
Dollar General's ROE was 17.8% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 3.2 percentage points from the prior year.
Capital Allocation
Dollar General invested $1.2B in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 5.2% from the prior year.
DG Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.9B+1.7% | $10.7B+2.8% | $10.4B+2.5% | $10.2B-0.3% | $10.2B+3.0% | $9.9B+6.7% | $9.3B-4.2% | $9.7B |
| Cost of Revenue | $7.6B+3.0% | $7.4B+2.2% | $7.2B-0.6% | $7.2B+1.3% | $7.2B+3.3% | $6.9B+7.9% | $6.4B-6.7% | $6.9B |
| Gross Profit | $3.3B-1.2% | $3.4B+4.0% | $3.2B+10.0% | $2.9B-4.0% | $3.1B+2.3% | $3.0B+4.3% | $2.9B+2.0% | $2.8B |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.7B-1.8% | $2.8B+4.2% | $2.7B+1.6% | $2.6B+4.1% | $2.5B+2.6% | $2.4B+16.7% | $2.1B-11.9% | $2.4B |
| Operating Income | $606.3M+1.8% | $595.4M+3.4% | $576.1M+77.9% | $323.8M-41.1% | $550.0M+0.7% | $546.1M-29.5% | $774.4M+78.7% | $433.5M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | -$72.4M-131.1% | $232.6M+182.6% | $82.3M |
| Income Tax | $119.2M-5.6% | $126.3M+5.6% | $119.6M+101.2% | $59.4M-44.8% | $107.6M-2.5% | $110.4M-17.5% | $133.8M+78.6% | $74.9M |
| Net Income | $426.3M+3.6% | $411.4M+5.0% | $391.9M+99.4% | $196.5M-47.5% | $374.2M+3.0% | $363.3M-34.3% | $552.9M+100.1% | $276.2M |
| EPS (Diluted) | N/A | $1.86+4.5% | $1.78+100.0% | $0.89-47.6% | $1.70+3.0% | $1.65 | N/A | $1.26 |
DG Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.0B-2.2% | $31.7B+2.1% | $31.0B-1.5% | $31.5B-1.1% | $31.8B+2.6% | $31.0B+0.7% | $30.8B+0.6% | $30.6B |
| Current Assets | $7.9B-6.0% | $8.4B+6.4% | $7.9B-3.4% | $8.2B-6.3% | $8.7B+7.7% | $8.1B+1.1% | $8.0B-3.1% | $8.3B |
| Cash & Equivalents | $1.1B-11.4% | $1.3B+51.1% | $850.0M+58.2% | $537.3M-56.1% | $1.2B+69.7% | $720.7M+34.1% | $537.3M+47.0% | $365.4M |
| Inventory | $6.3B-4.2% | $6.6B+0.3% | $6.6B-7.4% | $7.1B+1.7% | $7.0B+1.0% | $6.9B-0.9% | $7.0B-4.9% | $7.4B |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B |
| Total Liabilities | $22.5B-5.0% | $23.6B+1.5% | $23.3B-3.5% | $24.1B-1.8% | $24.6B+2.3% | $24.0B-0.2% | $24.0B-0.5% | $24.2B |
| Current Liabilities | $7.0B+3.9% | $6.7B+4.7% | $6.4B-9.9% | $7.1B-0.4% | $7.1B+7.5% | $6.6B-1.2% | $6.7B-0.9% | $6.8B |
| Long-Term Debt | $4.6B-20.3% | $5.7B0.0% | $5.7B0.0% | $5.7B-8.2% | $6.2B+0.2% | $6.2B-0.1% | $6.2B-3.2% | $6.4B |
| Total Equity | $8.5B+6.2% | $8.0B+4.0% | $7.7B+4.9% | $7.3B+1.1% | $7.3B+3.7% | $7.0B+3.7% | $6.7B+4.6% | $6.5B |
| Retained Earnings | $4.4B+11.4% | $3.9B+7.7% | $3.7B+9.7% | $3.3B+2.0% | $3.3B+8.1% | $3.0B+8.3% | $2.8B+10.8% | $2.5B |
DG Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $815.7M-15.7% | $967.7M+14.2% | $847.2M+56.2% | $542.4M-45.1% | $988.9M+49.0% | $663.8M-30.1% | $949.8M+32.8% | $715.3M |
| Capital Expenditures | $233.7M-42.0% | $403.0M+38.5% | $290.9M-14.8% | $341.4M-3.5% | $353.7M+3.4% | $342.0M-25.6% | $459.7M-2.7% | $472.6M |
| Free Cash Flow | $582.0M+3.1% | $564.7M+1.5% | $556.2M+176.7% | $201.0M-68.4% | $635.2M+97.4% | $321.8M-34.3% | $490.1M+101.9% | $242.7M |
| Investing Cash Flow | -$233.0M+41.9% | -$401.1M-38.1% | -$290.4M+14.8% | -$340.8M+3.5% | -$353.0M-3.5% | -$341.2M+25.6% | -$458.5M+2.6% | -$470.8M |
| Financing Cash Flow | -$684.8M-418.7% | -$132.0M+79.3% | -$639.3M+27.9% | -$887.1M-562.3% | -$133.9M+3.8% | -$139.2M+56.4% | -$319.5M-37.7% | -$232.0M |
| Dividends Paid | $129.9M0.0% | $129.9M+0.1% | $129.8M0.0% | $129.8M0.0% | $129.7M0.0% | $129.7M+0.1% | $129.6M+0.1% | $129.5M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DG Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.4%-0.9pp | 31.3%+0.4pp | 31.0%+2.1pp | 28.8%-1.1pp | 30.0%-0.2pp | 30.2%-0.7pp | 30.9%+1.9pp | 29.0% |
| Operating Margin | 5.6%0.0pp | 5.5%+0.0pp | 5.5%+2.3pp | 3.2%-2.2pp | 5.4%-0.1pp | 5.5%-2.8pp | 8.3%+3.9pp | 4.5% |
| Net Margin | 3.9%+0.1pp | 3.8%+0.1pp | 3.8%+1.8pp | 1.9%-1.7pp | 3.7%0.0pp | 3.7%-2.3pp | 5.9%+3.1pp | 2.9% |
| Return on Equity | 5.0%-0.1pp | 5.1%+0.1pp | 5.1%+2.4pp | 2.7%-2.5pp | 5.1%-0.0pp | 5.2%-3.0pp | 8.2%+3.9pp | 4.3% |
| Return on Assets | 1.4%+0.1pp | 1.3%+0.0pp | 1.3%+0.6pp | 0.6%-0.6pp | 1.2%0.0pp | 1.2%-0.6pp | 1.8%+0.9pp | 0.9% |
| Current Ratio | 1.13-0.1 | 1.25+0.0 | 1.23+0.1 | 1.15-0.1 | 1.220.0 | 1.22+0.0 | 1.19-0.0 | 1.22 |
| Debt-to-Equity | 0.54-0.2 | 0.71-0.0 | 0.74-0.0 | 0.78-0.1 | 0.86-0.0 | 0.89-0.0 | 0.92-0.1 | 1.00 |
| FCF Margin | 5.3%+0.1pp | 5.3%-0.1pp | 5.3%+3.4pp | 2.0%-4.3pp | 6.2%+3.0pp | 3.3%-2.0pp | 5.3%+2.8pp | 2.5% |
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Frequently Asked Questions
What is Dollar General's annual revenue?
Dollar General (DG) reported $42.7B in total revenue for fiscal year 2026. This represents a 5.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Dollar General's revenue growing?
Dollar General (DG) revenue grew by 5.2% year-over-year, from $40.6B to $42.7B in fiscal year 2026.
Is Dollar General profitable?
Yes, Dollar General (DG) reported a net income of $1.5B in fiscal year 2026, with a net profit margin of 3.5%.
What is Dollar General's EBITDA?
Dollar General (DG) had EBITDA of $3.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Dollar General have?
As of fiscal year 2026, Dollar General (DG) had $1.1B in cash and equivalents against $4.6B in long-term debt.
What is Dollar General's gross margin?
Dollar General (DG) had a gross margin of 30.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dollar General's operating margin?
Dollar General (DG) had an operating margin of 5.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Dollar General's net profit margin?
Dollar General (DG) had a net profit margin of 3.5% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Dollar General pay dividends?
Yes, Dollar General (DG) paid $2.36 per share in dividends during fiscal year 2026.
What is Dollar General's return on equity (ROE)?
Dollar General (DG) has a return on equity of 17.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Dollar General's free cash flow?
Dollar General (DG) generated $2.4B in free cash flow during fiscal year 2026. This represents a 41.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Dollar General's operating cash flow?
Dollar General (DG) generated $3.6B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Dollar General's total assets?
Dollar General (DG) had $31.0B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Dollar General's capital expenditures?
Dollar General (DG) invested $1.2B in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Dollar General's current ratio?
Dollar General (DG) had a current ratio of 1.13 as of fiscal year 2026, which is considered adequate.
What is Dollar General's debt-to-equity ratio?
Dollar General (DG) had a debt-to-equity ratio of 0.54 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dollar General's return on assets (ROA)?
Dollar General (DG) had a return on assets of 4.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Dollar General's Altman Z-Score?
Dollar General (DG) has an Altman Z-Score of 2.53, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Dollar General's Piotroski F-Score?
Dollar General (DG) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dollar General's earnings high quality?
Dollar General (DG) has an earnings quality ratio of 2.40x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Dollar General?
Dollar General (DG) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.