Since its beginning in 1939, Dollar General has grown to become the largest dollar store operator in the United States, with more than 20,000 small-box discount stores across 48 states. The firm generated over $42 billion in fiscal 2025 sales.
It is a $28.1B consumer company. Revenue shrank 16.6% over the last year, it keeps 4¢ of every dollar of sales as profit, and its net debt equals ~3.3 years of free cash flow. It trades at 16.5× earnings — in the cheapest third of its own history.
- Website
- dollargeneral.com
- Location
- Goodlettsville, TN
- Employees
- 194 000
- Sector
- Consumer Cyclical
- Founded
- 1997
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation, quality and moat; Growth, Profitability and Health lag behind.
Valuation95
- P/E vs own history33th pct · 20/25
- FCF yield15.1% · 25/25
- P/S0.6x · 25/25
- EV/EBITDA8.8x · 25/25
Growth18
- Revenue CAGR3.1% · 6/25
- Net income CAGR-11.1% · 0/25
- EPS CAGR ~5Y-24.4% · 0/25
- Fwd implied growth10.0% · 12/25
Profitability36
- ROIC6.1% · 5/25
- ROE19.6% · 20/25
- Net margin4.0% · 6/25
- Operating margin5.6% · 5/25
Health45
- Altman Z1.85 · 10/25
- Current ratio1.21 · 12/25
- Interest coverage9.5x · 18/25
- Net cash / debtD/A 44% · 5/25
Quality85
- Piotroski F4/9 · 10/25
- Beneish M-3.90 · 25/25
- FCF conversion158% · 25/25
- Margin stabilityσ 1.8% · 25/25
Moat75
- ROIC >12% years11/12 yrs · 25/25
- Median gross margin30.8% · 13/25
- FCF-positive years12/12 yrs · 25/25
- Worst-year net marginworst 3.1% · 12/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2024FinancialRevenue crossed $100B$101B for the year
- 2022MilestoneDollar General opened its first store in the state of Idaho, located in Athol
- FY2020FinancialBest year on record$6.76B net income
- 2020ProductDollar General launched a new store concept known as Popshelf (stylized pOpshelf)
- 2019MilestoneThe distribution center became fully operational in 2019
- 2017AcquisitionAlso in 2017, Dollar General acquired stores from Dollar Express LLC held by Sycamore Partners, a spinoff from the…
- FY2016FinancialProfitable every year on record12 consecutive profitable years in our data
- FY2016FinancialRevenue already above $50B$53.9B in first reported year
- FY2016FinancialPositive free cash flow every year since12-year streak
- 1997FoundedA distribution center was established in South Boston, Virginia
- 1955IPOThe firm opened the first Dollar General store, and in 1968 the company went public on the New York Stock…
- 1955MilestoneCal implemented his idea of a retail store selling goods for a dollar, based on the Dollar Days promotions…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Interest covered 9.5× by operating earnings
Watch-outs
- Revenue shrinking 16.6% year over year
- Net debt would take ~5.9 years of free cash flow to repay
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago-16.6% YoY
- Profitable — makes more than it spends$3.95B TTM
- Profit growing — earnings are higher than last year-13.8% YoY
- Generates cash — cash left after running and investing$4.23B TTM
- Debt under control — could handle its obligations~3.3y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$28.1B market cap
- Not printing shares — share count not ballooning — you keep your slice-2.5% shares over ~5y
- Proven track record — years of profitability behind it12/12 profitable years
- Financially stable — balance sheet not near distressAltman Z 1.8 — grey
- Pays a dividend — returns cash to shareholdersyield 1.85%
- Valuation not extreme — price not wildly above earningsP/E 16.5
Peer comparisonDollar General Corp. vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| DG this company | $28.1B | 16.5 | -16.6% | 4.0% | Mixed |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: DG vs AMZN · DG vs TSLA · DG vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2027. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/DG
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Deeper analysis of DG on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $127.23 · market cap $28.1B.