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Discount retailer operating small-format stores selling everyday household, food and consumable goods, mainly in rural US.
Discount retailer operating small-format stores selling everyday household, food and consumable goods, mainly in rural US.
Sells mostly food and household basics that customers buy often, from small stores placed in towns too small for larger chains, so shoppers come for convenience as well as price. Own-brand goods earn better margins than national brands.
Moat: narrow (scale, distribution, cost advantage). Dense small-store network in underserved rural areas with a lean low-cost operating model.
Headquarters: Goodlettsville, Tennessee, US · Founded: 1939 · Employees: 194,000
Size Dollar General (DG) is a United States Consumer Staples company (Discount Stores) with a market value of $29.5B, the 371st largest of 3,117 United States companies the cockpit tracks. Shares closed at $133.75 on 6 Nov 2026.
Performance Over six months the shares gained 18.1%, against +7.9% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 5 in its peer set.
Growth Revenue grew 4.8% over the last twelve months (peer median +1.1%); the operating margin is 5.6% (peer median 10.1%).
Valuation It trades at 16.6× forward earnings against a peer median of 18.4× (2nd cheapest of 5).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.2 points above its cost of capital (6.0% WACC).
Credit Dollar General has 7 bonds outstanding ($4.50B), rated BBB by the agencies and trading like BBB+ at a weighted spread of 77 bp.
Short interest Short interest is 2.7% of the free float (15 Oct 2026).
Next results Next results expected around 3 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $43.6B | $42.7B | $40.6B | $38.7B | $37.8B |
| Revenue growth | — | +5% | +5% | +2% | — |
| Gross profit | $12.5B | $12.1B | $11.1B | $11.7B | $11.8B |
| EBITDA | $3.52B | $3.31B | $2.91B | $3.30B | $4.06B |
| Net income | $1.70B | $1.51B | $1.13B | $1.66B | $2.42B |
| Free cash flow | $2.01B | $2.39B | $1.69B | $692M | $424M |
| Capital expenditure | $1.31B | $1.24B | $1.31B | $1.70B | $1.56B |
| Total debt | $15.8B | $15.7B | $17.5B | $18.1B | $17.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Dollar General DG | $29.5B | +18% | +5% | 6% | 16.6× | 0.9% |
| Dollar Tree DLTR | $24.6B | +39% | -8% | 11% | 19.1× | 0.1% |
| Walmart WMT | $996B | -4% | +6% | 4% | 41.8× | 14.7% |
| Five Below FIVE | $13.2B | +8% | +26% | 15% | 23.7× | 8.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DG | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.6% | +12.6% | 2nd lowest of 5 |
| 6-month return | +18.1% | +7.9% | 2nd highest of 5 |
| Distance from 52-week high | -15.1% | -13.0% | 2nd lowest of 5 |
| Revenue growth (TTM) | +4.8% | +1.1% | 2nd highest of 5 |
| Operating margin | 5.6% | 10.1% | lowest of 5 |
| Forward P/E | 16.6× | 18.4× | 2nd cheapest of 5 |
| Growth the price implies (Req g, 7 yrs) | 0.9% | 4.1% | 3rd least demanding of 5 |
| Growth delivered (Del g) | +4.8% | +9.6% | 3rd highest of 5 |
| Hurdle (Req g minus delivered) | -3.9 pp | -3.0 pp | 3rd least demanding of 5 |
| ROIC minus cost of capital | +2.2 pp | +4.9 pp | 3rd highest of 5 |
| EV / EBITDA | 12.4× | 11.1× | 2nd most expensive of 4 |
| Net debt / EBITDA | 4.0× | 2.4× | 2nd most indebted of 4 |
| Bond spread | 77 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Dollar General DG | United States | $29.5B | +18% | +5% | 6% | 16.6× | 0.9% | +4.8% |
| Dollar Tree DLTR | United States | $24.6B | +39% | -8% | 11% | 19.1× | 0.1% | -5.3% |
| China Tourism Group Duty Free 1880.HK | Hong Kong | $16.1B | -22% | +4% | 10% | 17.8× | 12.0% | -0.3% |
| Five Below FIVE | United States | $13.2B | +8% | +26% | 15% | 23.7× | 8.1% | +19.4% |
| Avolta AVOL.SW | Switzerland | $8.03B | +8% | -1% | 7% | 13.8× | -1.6% | +40.3% |
Dollar General has 7 bonds outstanding with $4.50B face value. The agencies rate it BBB; its bonds trade like BBB+. Weighted yield 5.46%, a spread of 77 bp over government bonds.