Dollar General Corporation (DG) Key Metrics
DG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $29.64B
- Enterprise value
- $40.79B
- P/E (TTM)
- 17.4 10-yr median 18.8
- Forward P/E
- 15.3
- PEG ratio
- 1.60
- Price / sales
- 0.7 10-yr median 1.2
- Price / book
- 2.9 10-yr median 4.7
- EV / EBITDA
- 11.6 10-yr median 14.2
- Dividend yield
- 1.76% $2.36 a year
- Beta
- 0.23
DG key metrics, FY2017–FY2026
Fiscal year ended January 31, 2026 · U.S. dollarsDG valuation Price multiples at each fiscal year-end price.
DG returns How much profit the business earns on the capital it uses.
DG per-share figures Results divided by the shares outstanding at year-end.
DG financial health Debt, liquidity and how easily interest is covered.
DG efficiency & capital use Working capital cycle and where the cash goes.
DG valuation history
DG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
DG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
DG cash returned to shareholders
DG price vs earnings per share
DG key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $31.67B | $15.64B | $29.05B | $52.86B | $49.16B | $48.67B | $39.59B | $30.72B | $28.19B | $20.84B |
| Enterprise value | $46.25B | $32.17B | $46.60B | $70.14B | $63.06B | $60.88B | $51.04B | $33.35B | $30.93B | $23.86B |
| P/E ratio | 20.9 | 13.9 | 17.5 | 21.9 | 20.5 | 18.3 | 23.1 | 19.3 | 18.3 | 16.7 |
| Price / sales | 0.7 | 0.4 | 0.8 | 1.4 | 1.4 | 1.4 | 1.4 | 1.2 | 1.2 | 0.9 |
| Price / book | 3.7 | 2.1 | 4.3 | 9.5 | 7.9 | 7.3 | 5.9 | 4.8 | 4.6 | 3.9 |
| Price / free cash flow | 13.2 | 9.3 | 42.0 | 124.7 | 27.4 | 17.1 | 27.2 | 21.8 | 24.4 | 19.9 |
| Price / operating cash flow | 8.7 | 5.2 | 12.1 | 26.6 | 17.2 | 12.6 | 17.7 | 14.3 | 15.6 | 13.0 |
| EV / sales | 1.1 | 0.8 | 1.2 | 1.9 | 1.8 | 1.8 | 1.8 | 1.3 | 1.3 | 1.1 |
| EV / EBITDA | 14.3 | 12.0 | 14.1 | 17.3 | 16.3 | 14.7 | 18.2 | 13.0 | 12.8 | 9.8 |
| EV / free cash flow | 19.3 | 19.1 | 67.4 | 165.4 | 35.1 | 21.4 | 35.1 | 23.7 | 26.8 | 22.8 |
| Earnings yield | 4.8% | 7.2% | 5.7% | 4.6% | 4.9% | 5.5% | 4.3% | 5.2% | 5.5% | 6.0% |
| Free cash flow yield | 7.6% | 10.8% | 2.4% | 0.8% | 3.7% | 5.9% | 3.7% | 4.6% | 4.1% | 5.0% |
| Dividend yield | 1.6% | 3.3% | 1.8% | 0.9% | 0.8% | 0.7% | 0.8% | 1.0% | 1.0% | 1.3% |
| Shareholder yield (dividends + buybacks) | 1.6% | 3.3% | 1.8% | 6.1% | 6.0% | 5.8% | 3.9% | 4.3% | 3.1% | 6.1% |
| Share price at fiscal year-end | $143.43 | $71.06 | $132.07 | $233.60 | $208.48 | $194.61 | $153.41 | $115.43 | $103.12 | $73.82 |
| Per share | ||||||||||
| Revenue per share | $193.49 | $184.58 | $175.92 | $167.24 | $145.12 | $134.95 | $107.55 | $96.30 | $85.86 | $77.89 |
| Earnings per share | $6.85 | $5.11 | $7.55 | $10.68 | $10.17 | $10.62 | $6.64 | $5.97 | $5.63 | $4.43 |
| Operating cash flow per share | $16.46 | $13.62 | $10.87 | $8.77 | $12.15 | $15.50 | $8.67 | $8.06 | $6.59 | $5.69 |
| Free cash flow per share | $10.84 | $7.66 | $3.14 | $1.87 | $7.61 | $11.39 | $5.63 | $5.30 | $4.23 | $3.70 |
| Cash per share | $5.16 | $4.24 | $2.44 | $1.69 | $1.46 | $5.50 | $0.93 | $0.88 | $0.98 | $0.67 |
| Book value per share | $38.55 | $33.69 | $30.69 | $24.49 | $26.55 | $26.64 | $25.97 | $24.12 | $22.41 | $19.15 |
| Tangible book value per share | $13.47 | $8.52 | $5.51 | $0.02 | $3.07 | $4.49 | $4.51 | $3.30 | $2.15 | −$0.47 |
| Dividends per share | $2.35 | $2.36 | $2.36 | $2.18 | $1.66 | $1.42 | $1.27 | $1.15 | $1.04 | $1.00 |
| Capex per share | $5.62 | $5.95 | $7.73 | $6.90 | $4.54 | $4.11 | $3.04 | $2.76 | $2.36 | $1.99 |
| Debt per share | $71.19 | $79.37 | $82.25 | $78.04 | $60.41 | $54.35 | $45.33 | $10.77 | $11.00 | $11.38 |
| Shares outstanding | 220.8M | 220.0M | 219.9M | 226.3M | 235.8M | 250.1M | 258.1M | 266.1M | 273.4M | 282.3M |
| Change in shares outstanding | +0.4% | +0.0% | −2.8% | −4.0% | −5.7% | −3.1% | −3.0% | −2.7% | −3.2% | −4.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 19.0% | 15.9% | 27.0% | 40.9% | 37.1% | 39.7% | 26.1% | 25.3% | 26.7% | 23.2% |
| Return on invested capital (ROIC) | 7.2% | 5.6% | 8.1% | 12.0% | 12.9% | 15.0% | 13.2% | 18.6% | 18.7% | 15.8% |
| Return on assets (ROA) | 4.9% | 3.6% | 5.5% | 8.7% | 9.2% | 10.9% | 9.5% | 12.4% | 12.7% | 10.9% |
| Return on tangible assets | 5.9% | 4.4% | 6.6% | 10.3% | 11.5% | 13.1% | 9.9% | 20.7% | 22.1% | 20.4% |
| Free cash flow margin | 5.6% | 4.2% | 1.8% | 1.1% | 5.2% | 8.4% | 5.2% | 5.5% | 4.9% | 4.8% |
| Income quality (OCF / net income) | 2.40 | 2.66 | 1.44 | 0.82 | 1.19 | 1.46 | 1.31 | 1.35 | 1.17 | 1.28 |
| Financial health | ||||||||||
| Total debt | $15.72B | $17.46B | $18.09B | $17.66B | $14.25B | $13.59B | $11.70B | $2.86B | $3.01B | $3.21B |
| Cash & short-term investments | $1.14B | $932.6M | $537.3M | $381.6M | $344.8M | $1.38B | $240.3M | $235.5M | $267.4M | $187.9M |
| Net debt | $14.58B | $16.53B | $17.55B | $17.28B | $13.90B | $12.21B | $11.46B | $2.63B | $2.74B | $3.02B |
| Debt / equity | 1.85 | 2.36 | 2.68 | 3.19 | 2.28 | 2.04 | 1.75 | 0.45 | 0.49 | 0.59 |
| Debt / assets | 0.51 | 0.56 | 0.59 | 0.61 | 0.54 | 0.53 | 0.51 | 0.22 | 0.24 | 0.28 |
| Net debt / EBITDA | 4.50 | 6.15 | 5.33 | 4.26 | 3.60 | 2.96 | 4.08 | 1.02 | 1.14 | 1.24 |
| Current ratio | 1.13 | 1.19 | 1.19 | 1.29 | 1.05 | 1.21 | 1.14 | 1.55 | 1.43 | 1.40 |
| Quick ratio | 0.22 | 0.21 | 0.15 | 0.14 | 0.12 | 0.29 | 0.11 | 0.19 | 0.22 | 0.16 |
| Interest coverage | 9.6 | 6.2 | 7.5 | 15.8 | 20.4 | 23.6 | 22.9 | 21.2 | 20.7 | 21.1 |
| Working capital | $936.7M | $1.30B | $1.29B | $1.69B | $324.5M | $1.20B | $634.3M | $1.65B | $1.28B | $1.05B |
| Invested capital | $23.09B | $23.94B | $24.30B | $22.82B | $20.16B | $18.88B | $18.16B | $9.05B | $8.86B | $8.43B |
| Tangible asset value | $2.97B | $1.88B | $1.21B | $3.5M | $723.6M | $1.12B | $1.16B | $878.6M | $586.8M | −$133.0M |
| Net current asset value | −$14.55B | −$15.56B | −$16.04B | −$15.96B | −$13.76B | −$12.29B | −$10.94B | −$2.12B | −$2.14B | −$2.59B |
| Graham number | $77.07 | $62.27 | $72.22 | $76.70 | $77.97 | $79.77 | $62.28 | $56.93 | $53.28 | $43.71 |
| Graham net-net per share | −$82.13 | −$87.88 | −$90.61 | −$86.96 | −$71.41 | −$60.51 | −$52.26 | −$16.76 | −$15.50 | −$15.73 |
| Capital allocation | ||||||||||
| Dividends paid | $519.5M | $519.0M | $518.0M | $493.7M | $392.2M | $355.9M | $327.6M | $306.5M | $282.9M | $281.1M |
| Share buybacks (net) | — | $0 | $0 | $2.75B | $2.55B | $2.47B | $1.20B | $1.01B | $579.7M | $990.5M |
| Dividend payout ratio | 34.4% | 46.1% | 31.2% | 20.4% | 16.3% | 13.4% | 19.1% | 19.3% | 18.4% | 22.5% |
| Dividends + buybacks / free cash flow | 21.7% | 30.8% | 74.9% | 764.6% | 163.9% | 99.1% | 105.1% | 93.2% | 74.6% | 121.7% |
| Capex / revenue | 2.9% | 3.2% | 4.4% | 4.1% | 3.1% | 3.0% | 2.8% | 2.9% | 2.8% | 2.5% |
| Capex / operating cash flow | 34.1% | 43.7% | 71.1% | 78.6% | 37.4% | 26.5% | 35.1% | 34.3% | 35.9% | 34.9% |
| Capex / depreciation | 1.19 | 1.35 | 2.00 | 2.15 | 1.67 | 1.79 | 1.55 | 1.62 | 1.60 | 1.47 |
| Stock-based compensation / revenue | 0.2% | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% | 0.2% |
| SG&A / revenue | 25.5% | 25.4% | 23.9% | 22.4% | 22.2% | 21.2% | 22.3% | 22.2% | 22.2% | 21.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 0.6 | 1.1 | 1.2 | 1.1 | 1.0 | 0.9 | 0.9 | 1.2 | 0.9 | 0.1 |
| Days of inventory on hand | 80.4 | 87.5 | 93.1 | 86.8 | 84.7 | 78.7 | 83.1 | 78.9 | 77.1 | 76.0 |
| Days payables outstanding | 48.6 | 47.4 | 48.3 | 51.1 | 57.3 | 51.3 | 49.7 | 45.0 | 40.1 | 36.6 |
| Cash conversion cycle (days) | 32.4 | 41.2 | 45.9 | 36.8 | 28.4 | 28.2 | 34.3 | 35.1 | 38.0 | 39.5 |
| Receivables turnover | 592.20 | 339.29 | 311.98 | 324.61 | 363.75 | 403.44 | 413.19 | 308.61 | 393.43 | 2,457.56 |
| Payables turnover | 7.51 | 7.71 | 7.55 | 7.14 | 6.37 | 7.11 | 7.34 | 8.11 | 9.11 | 9.96 |
| Inventory turnover | 4.54 | 4.17 | 3.92 | 4.21 | 4.31 | 4.64 | 4.39 | 4.63 | 4.73 | 4.80 |
| Asset turnover | 1.38 | 1.31 | 1.29 | 1.37 | 1.31 | 1.39 | 1.54 | 1.99 | 1.94 | 1.92 |
| Average receivables | $72.1M | $119.7M | $124.0M | $116.6M | $94.1M | $83.6M | $67.2M | $83.0M | $59.7M | $8.9M |
| Average payables | $3.94B | $3.71B | $3.57B | $3.65B | $3.68B | $3.24B | $2.62B | $2.20B | $1.78B | $1.53B |
| Average inventory | $6.52B | $6.85B | $6.88B | $6.19B | $5.43B | $4.96B | $4.39B | $3.85B | $3.43B | $3.17B |
| Intangibles / total assets | 17.9% | 17.8% | 18.0% | 19.0% | 21.0% | 21.4% | 24.3% | 41.9% | 44.3% | 47.5% |
Computed from DG's annual financial statements (latest annual report filed March 20, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
DG valuation and financial ratios
At the end of fiscal 2026 (January 31, 2026), Dollar General traded at 20.9 times earnings, against a 10-year median of 18.8. Based on the latest twelve months, the trailing P/E is 17.4 and the forward P/E is 15.3. Dollar General earned a return on equity of 19.0% and a return on invested capital of 7.2% in fiscal 2026. It ended the year with $15.7 billion of debt and $1.1 billion in cash and short-term investments, net debt of $14.6 billion. It returned $519.5 million to shareholders: $519.5 million in dividends and $0 in share buybacks, 22% of free cash flow. The share count fell 21.8% from 282.3M to 220.8M over 9 years.
See the DG income statement, the DG chart for price history, or the DG stock overview for the latest quote and news.
DG key metrics FAQ
What is Dollar General's P/E ratio?
Dollar General's trailing P/E ratio is 17.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.3. At the end of fiscal 2026 it was 20.9, compared with a 10-year median of 18.8.
What is Dollar General's EV/EBITDA?
Dollar General's enterprise value was 14.3 times EBITDA at the end of fiscal 2026 (enterprise value $46.3 billion, EBITDA $3.2 billion); the current EV/EBITDA is 11.6.
What is Dollar General's return on equity?
Dollar General's return on equity (ROE) was 19.0% in fiscal 2026: net income of $1.5 billion on average shareholders' equity of $8.0 billion.
What is Dollar General's ROIC?
Dollar General's return on invested capital was 7.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Dollar General have?
Dollar General had total debt of $15.7 billion at the end of fiscal 2026, a debt-to-equity ratio of 1.85 and $14.6 billion of net debt (4.50 times EBITDA).
What is Dollar General's dividend yield?
Dollar General's forward dividend yield is 1.76%. Dollar General paid $519.5 million in dividends in fiscal 2026 ($2.35 per share), a payout ratio of 34.4%.
What is Dollar General's free cash flow yield?
Dollar General generated $2.4 billion of free cash flow in fiscal 2026, a free cash flow yield of 7.6% on its market value at year-end ($31.7 billion).
What is Dollar General's current ratio?
Dollar General's current ratio was 1.13 at the end of fiscal 2026: current assets were 1.13 times current liabilities.