Dollar General (DG) FY2022 results: revenue $37.8 billion, up 10.6% on the year
Dollar General Corp. (DG) reported revenue of $37.8 billion for fiscal 2022, the year ended 3 February 2023, up 10.6% on the year before. Net income was $2.4 billion, up 0.7%, and diluted earnings per share $10.68. The figures are the company's own, from the 10-K it filed with the SEC on 24 March 2023.
Revenue
$37.8 billion
+10.6% on the year
FY2015FY2022
Operating margin
8.8%
9.4% a year earlier
FY2015FY2022
Net income
$2.4 billion
+0.7% on the year
FY2015FY2022
Diluted EPS
$10.68
+5.0% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,985
2,866
3,876
-30.8%
Capital expenditure
1,561
1,070
1,028
+45.8%
Free cash flow
424
1,795
2,848
-76.4%
Free cash flow margin
1.1%
5.2%
8.4%
Cash from investing
-1,555
-1,066
-1,025
Cash from financing
-392
-2,832
-1,715
Depreciation and amortisation
725
641
574
+13.0%
Share-based compensation
72.7
78.2
68.6
-7.0%
Buybacks
2,748
2,550
2,466
+7.8%
Dividends paid
494
392
356
+25.9%
Dividend per share
$2.20
$1.68
$1.44
+31.0%
Diluted shares, weighted
226m
236m
250m
-4.0%
Shares outstanding at period end
219m
230m
241m
-4.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
5,542
6,262
6,661
-11.5%
Debt
7,009
4,172
4,131
+68.0%
Operating lease liabilities
9,363
8,891
8,385
+5.3%
Other liabilities
7,169
7,003
6,685
+2.4%
Total liabilities and equity
29,083
26,327
25,863
+10.5%
Fixed assets
5,236
4,346
3,900
+20.5%
Goodwill
4,339
4,339
4,339
0.0%
Intangible assets
1,200
1,200
1,200
-0.0%
Cash and equivalents
382
345
1,377
+10.7%
Inventory
6,761
5,614
5,247
+20.4%
Other assets
11,166
10,484
9,800
+6.5%
Total assets
29,083
26,327
25,863
+10.5%
10-K for the year ended 3 February 2023, filed 24 March 2023: the filing.