Dollar General Corporation is an American chain of discount variety stores headquartered in Goodlettsville, Tennessee. The company operates over 20,000 stores across the contiguous United States and Mexico, primarily serving rural and suburban communities. It distinguishes itself by offering a focused assortment of everyday necessities, including food, health and beauty aids, cleaning supplies, and basic apparel, at everyday low prices in convenient neighborhood locations.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
42,724,400
40,612,300
38,691,600
37,844,900
Cost of Sales
29,624,700
28,594,800
26,972,600
26,024,800
Gross Profit
13,099,700
12,017,500
11,719,000
11,820,100
Selling, General & Administrative Expenses
10,896,000
10,303,400
9,272,720
8,491,800
Operating Profit
2,203,670
1,714,070
2,446,300
3,328,300
Interest Expense
(230,567)
(274,320)
(326,781)
(211,273)
Non-Operating Income
(8,509)
—
—
(415)
Total Non-Operating Income
(239,076)
(274,320)
(326,781)
(211,688)
Income Before Provision for Income Taxes
1,964,590
1,439,750
2,119,520
3,116,610
Provision for Income Taxes
452,281
314,501
458,245
700,625
Consolidated Net Income
1,512,310
1,125,250
1,661,270
2,415,990
Net Income Attributable to Common Shareholders
1,512,310
1,125,250
1,661,270
2,415,990
Basic EPS
6.87
5.12
7.57
10.73
Diluted EPS
6.85
5.11
7.55
10.68
Basic Weighted Average Shares Outstanding
220,090
219,877
219,415
225,148
Diluted Weighted Average Shares Outstanding
220,814
220,027
219,938
226,297
Shares Outstanding
220,222
219,939
219,663
219,105
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
1,138,500
932,576
537,283
381,576
Total Cash and Cash Equivalents
1,138,500
932,576
537,283
381,576
Other Receivables
17,158
127,132
112,262
135,775
Total Trade Receivables
17,158
127,132
112,262
135,775
Inventories
6,331,860
6,711,240
6,994,270
6,760,730
Other Current Assets
410,283
392,975
366,913
302,925
Total Current Assets
7,897,800
8,163,930
8,010,720
7,581,010
Net Property, Plant & Equipment
17,471,100
17,373,200
17,186,000
15,906,300
Net Intangible Assets
1,200,050
1,199,700
1,199,700
1,199,700
Goodwill
4,338,590
4,338,590
4,338,590
4,338,590
Other Long-Term Assets
56,199
57,275
60,628
57,746
Total Assets
30,963,700
31,132,700
30,795,600
29,083,400
Accounts Payable
4,051,590
3,833,130
3,587,370
3,552,990
Accrued Expenses
1,263,300
1,045,860
971,890
1,036,920
Current Portion of Long-Term Debt
14,401
519,463
768,645
—
Current Portion of Leases
1,532,490
1,460,110
1,387,080
1,288,940
Other Current Liabilities
99,357
10,136
10,709
8,919
Total Current Liabilities
6,961,140
6,868,700
6,725,700
5,887,770
Long-Term Debt
4,565,880
5,719,030
6,231,540
7,009,400
Leases
9,605,890
9,764,780
9,703,500
9,362,760
Other Long-Term Liabilities
1,318,870
1,366,520
1,385,730
1,281,670
Total Long-Term Liabilities
15,490,600
16,850,300
17,320,800
17,653,800
Total Liabilities
22,451,800
23,719,000
24,046,500
23,541,600
Common Stock
192,694
192,447
192,206
191,718
Additional Paid-in Capital
3,909,590
3,812,590
3,757,010
3,693,870
Accumulated Other Comprehensive Income
11,209
2,987
493
43
Retained Earnings
4,398,470
3,405,680
2,799,420
1,656,140
Total Common Shareholders' Equity
8,511,960
7,413,710
6,749,120
5,541,770
Total Shareholders' Equity
8,511,960
7,413,710
6,749,120
5,541,770
Total Liabilities and Shareholders' Equity
30,963,700
31,132,700
30,795,600
29,083,400
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
1,512,310
1,125,250
1,661,270
2,415,990
Depreciation & Amortization
1,046,320
971,703
848,793
724,877
Share-Based Compensation Expense
91,453
58,738
51,891
72,712
Other Adjustments
200,056
265,839
161,829
765,829
Changes in Inventories
178,481
230,208
(299,066)
(1,665,350)
Changes in Accounts Payable
185,343
302,915
36,940
(194,722)
Changes in Accrued Expenses
249,971
91,813
(39,189)
(25,409)
Changes in Income Taxes Payable
199,195
(15,443)
25,303
(37,517)
Changes in Other Operating Activities
(28,628)
(34,962)
(55,977)
(71,852)
Cash from Operating Activities
3,634,500
2,996,060
2,391,800
1,984,560
Capital Expenditure
(1,241,160)
(1,309,890)
(1,700,220)
(1,560,580)
Proceeds from Sale of Property, Plant & Equipment
3,966
3,561
6,199
5,236
Cash from Investing Activities
(1,237,200)
(1,306,330)
(1,694,020)
(1,555,350)
Issuance of Short-Term Debt
—
—
500,000
—
Repayments of Short-Term Debt
—
—
(500,000)
—
Net Issuance / (Repayments) of Short-Term Debt
—
—
0
—
Issuance of Long-Term Debt
—
—
1,498,260
2,296,050
Repayments of Long-Term Debt
(1,677,160)
(770,230)
(19,723)
(911,330)
Net Issuance / (Repayments) of Long-Term Debt
(1,677,160)
(770,230)
1,478,540
1,384,720
Repurchases of Common Shares
—
—
—
(2,748,010)
Net Issuance / (Repurchases) of Common Shares
—
—
—
(2,748,010)
Common Share Dividends Paid
(519,510)
(518,983)
(517,979)
(493,726)
Other Financing Activities
5,292
(5,231)
(1,502,630)
1,464,560
Cash from Financing Activities
(2,191,380)
(1,294,440)
(542,068)
(392,462)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash