DG DOLLAR GENERAL CORP

Overview and Growth

Fiscal 2025 results for DOLLAR GENERAL CORP combined $42.72B of revenue with net income of $1.51B and an operating cash inflow of $3.63B. The $42.72B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $40.61B in fiscal 2024, revenue recorded a 5.2% year-over-year increase. The company reported diluted EPS of $6.85, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 34.1% increase from fiscal 2024 diluted EPS of $5.11. Asset turnover was 1.38x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $13.10B as gross profit before recognizing operating expenses and other items. Gross profit represented 30.7% of revenue, showing how much of the top line remained after direct costs. Operating income was $2.20B, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 5.2%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $1.51B, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 3.5% margin after operating costs and the remaining recognized items. Before income taxes, the company reported $1.96B of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 4.6%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $452.28M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 23.0%, without assuming a statutory-rate comparison. The relationship between net income and period-end equity was 17.8%, indicating the profitability achieved on book capital. Net income represented 4.9% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

At period end, the $30.96B asset base was financed through $22.45B of liabilities and $8.51B of equity. The near-term balance sheet paired $7.90B of current assets with $6.96B of current liabilities at the reporting date. The current ratio was 1.13x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $1.14B, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 16.4% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Relative to total assets, liabilities measured 72.5%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 3.7%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 0.5% lower than fiscal 2024 assets of $31.13B, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

The company reported $3.63B of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 2.4x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $1.24B of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 34.1%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $2.39B of positive free cash flow for the period. The free-cash-flow margin was 5.6%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 7.7% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Jan 30, 2026. Analysis generated Oct 21, 2026.