Dollar General (DG) FY2024 results: revenue $40.6 billion, up 5.0% on the year
Dollar General Corp. (DG) reported revenue of $40.6 billion for fiscal 2024, the year ended 31 January 2025, up 5.0% on the year before. Net income was $1.1 billion, down 32.3%, and diluted earnings per share $5.11. The figures are the company's own, from the 10-K it filed with the SEC on 21 March 2025.
Revenue
$40.6 billion
+5.0% on the year
FY2017FY2024
Operating margin
4.2%
6.3% a year earlier
FY2017FY2024
Net income
$1.1 billion
-32.3% on the year
FY2017FY2024
Diluted EPS
$5.11
-32.3% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,996
2,392
1,985
+25.3%
Capital expenditure
1,310
1,700
1,561
-23.0%
Free cash flow
1,686
692
424
+143.8%
Free cash flow margin
4.2%
1.8%
1.1%
Cash from investing
-1,306
-1,694
-1,555
Cash from financing
-1,294
-542
-392
Depreciation and amortisation
972
849
725
+14.5%
Share-based compensation
58.7
51.9
72.7
+13.2%
Buybacks
n/a
n/a
2,748
Dividends paid
519
518
494
+0.2%
Dividend per share
$2.36
$2.36
$2.20
0.0%
Diluted shares, weighted
220m
220m
226m
+0.0%
Shares outstanding at period end
220m
220m
219m
+0.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
7,414
6,749
5,542
+9.8%
Debt
6,238
7,000
7,009
-10.9%
Operating lease liabilities
9,765
9,703
9,363
+0.6%
Finance lease liabilities
181
200
n/a
-9.7%
Other liabilities
7,535
7,142
7,169
+5.5%
Total liabilities and equity
31,133
30,796
29,083
+1.1%
Fixed assets
6,209
6,088
5,236
+2.0%
Goodwill
4,339
4,339
4,339
0.0%
Intangible assets
1,200
1,200
1,200
0.0%
Cash and equivalents
933
537
382
+73.6%
Inventory
6,711
6,994
6,761
-4.0%
Other assets
11,741
11,638
11,166
+0.9%
Total assets
31,133
30,796
29,083
+1.1%
10-K for the year ended 31 January 2025, filed 21 March 2025: the filing.