Dollar General (DG) FY2021 results: revenue $34.2 billion, up 1.4% on the year
Dollar General Corp. (DG) reported revenue of $34.2 billion for fiscal 2021, the year ended 28 January 2022, up 1.4% on the year before. Net income was $2.4 billion, down 9.6%, and diluted earnings per share $10.17. The figures are the company's own, from the 10-K it filed with the SEC on 18 March 2022.
Revenue
$34.2 billion
+1.4% on the year
FY2014FY2021
Operating margin
9.4%
10.5% a year earlier
FY2014FY2021
Net income
$2.4 billion
-9.6% on the year
FY2014FY2021
Diluted EPS
$10.17
-4.2% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
2,866
3,876
2,238
-26.1%
Capital expenditure
1,070
1,028
785
+4.1%
Free cash flow
1,795
2,848
1,453
-37.0%
Free cash flow margin
5.2%
8.4%
5.2%
Cash from investing
-1,066
-1,025
-782
Cash from financing
-2,832
-1,715
-1,451
Depreciation and amortisation
641
574
505
+11.7%
Share-based compensation
78.2
68.6
48.6
+13.9%
Buybacks
2,550
2,466
1,200
+3.4%
Dividends paid
392
356
328
+10.2%
Dividend per share
$1.68
$1.44
$1.28
+16.7%
Diluted shares, weighted
236m
250m
258m
-5.7%
Shares outstanding at period end
230m
241m
252m
-4.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
6,262
6,661
6,702
-6.0%
Debt
4,172
4,131
2,912
+1.0%
Operating lease liabilities
8,891
8,385
7,820
+6.0%
Other liabilities
7,003
6,685
5,391
+4.8%
Total liabilities and equity
26,327
25,863
22,825
+1.8%
Fixed assets
4,346
3,900
3,278
+11.4%
Goodwill
4,339
4,339
4,339
0.0%
Intangible assets
1,200
1,200
1,200
-0.0%
Cash and equivalents
345
1,377
240
-75.0%
Inventory
5,614
5,247
4,677
+7.0%
Other assets
10,484
9,800
9,091
+7.0%
Total assets
26,327
25,863
22,825
+1.8%
10-K for the year ended 28 January 2022, filed 18 March 2022: the filing.