Dollar General CorporationDG
NYSE•Consumer Defensive•Discount Stores
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 towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food, such as cereals, pasta, canned soups, canned meats, fruits and vegetables, condiments, spices, sugar, and flour; and perishables, including milk, eggs, bread, refrigerated and frozen food, beer, wine, and produce; candy, cookies, crackers, salty snacks, and carbonated beverages; over-the-counter medicines and personal care products including soap, body wash, shampoo, cosmetics, dental hygiene and foot care products; pet supplies and pet food; and tobacco products. The company also provides seasonal products comprising holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive, and home office supplies; home products include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods; and apparel products for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.
Dollar General Corporation (DG) reported trailing twelve months revenue of $43.08B as of May 2026, a 4.7% increase year-over-year. Quarterly revenue reached $10.79B, reflecting continued top-line momentum.
Dollar General Corporation generated $1.56B in TTM net income, with quarterly EBITDA of $909.35M. The operating margin expanded from 5.5% to 5.9%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (5.9%) and net margin (4.1%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 3.8% a year ago, signaling stronger bottom-line efficiency.
DG trades at a P/E of 16.3x (in line with broad market averages) and a P/S of 0.6x. The price-to-book ratio of 2.9x reflects a moderate premium to book value.
The company generated $364.58M in free cash flow over the trailing twelve months, a 34.5% decrease year-over-year, indicating cash generation ability. The balance sheet shows $31.70B in total assets with $4.56B in long-term debt against $8.84B in stockholders equity for a debt-to-equity ratio of 0.5. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~4.7% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE averages 16.7% but has fluctuated — the competitive advantage may be cyclical or emerging.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~8.6% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~5.3% — no sign of cost or pricing stress.
FCF covers net income by 1.6x on average — earnings are well-supported by cash generation.
D/E ratio is 0.5 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation