Dollar General (DG) stock
Consumer Staples · Consumer Staples Merchandise Retail
Dollar General (DG) is a Consumer Staples Merchandise Retail company in the Consumer Staples sector, headquartered in Goodlettsville, Tennessee. As of October 23, 2026, DG closed at $132.69, a market capitalization of $29.27 billion, the 323rd largest company in the S&P 500. Over the last twelve months it generated $43.64 billion in revenue (+5% year over year) and $2.01 billion in free cash flow. The stock trades at 17.2x trailing earnings and 16.0x forward earnings.
- 1-year total return: +31.3% (dividends reinvested)
- 5-year return: -8.1% a year
- 52-week range: $95.11 – $158.23
- Gross margin 31.2%, operating margin 6.8%
- Dividend yield: 1.78%
- FI Handbook report card: C across 10 metrics
- 22nd largest of 34 Consumer Staples stocks in the S&P 500
DG price chart
1Y price change: +28.8% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| DG | +10.6% | +1.9% | +31.3% | +6.6% | -8.1% | +8.4% | +12.0% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2009.
DG key statistics
- Market cap
- $29.3B
- #323 in S&P 500
- P/E (TTM)
- 17.2x
- Forward P/E
- 16.0x
- EPS (TTM)
- $7.70
- Revenue (TTM)
- $43.6B
- +5%
- Free cash flow
- $2.0B
- Gross margin
- 31.2%
- Operating margin
- 6.8%
- Return on equity
- 19.7%
- Dividend yield
- 1.78%
- 52-week range
- $95.11 – $158.23
- Beta
- 0.23
- Price / sales
- 0.7x
- EV / EBITDA
- 12.1x
- Debt / equity
- 1.70x
- Employees
- 194,000
DG report card
CTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth5.2%C
- Gross margin31.2%C
- Operating margin6.8%D
- FCF margin4.6%D
- Return on equity19.7%B
- Net debt / EBITDA4.0xF
- Forward P/E16.0xB
- PEG ratio1.7xC
- Shareholder yield1.8%C
- Share count change / yr-2.5%A
Dollar General financials
Revenue went from $22.0B in fiscal 2017 to $42.7B in fiscal 2026, growing 7.7% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.0B | $23.5B | $25.6B | $27.8B | $33.7B | $34.2B | $37.8B | $38.7B | $40.6B | $42.7B |
| Gross profit | $6.8B | $7.2B | $7.8B | $8.5B | $10.7B | $10.8B | $11.8B | $11.7B | $12.0B | $13.1B |
| Operating income | $2.1B | $2.0B | $2.1B | $2.3B | $3.6B | $3.2B | $3.3B | $2.4B | $1.7B | $2.2B |
| Net income | $1.3B | $1.5B | $1.6B | $1.7B | $2.7B | $2.4B | $2.4B | $1.7B | $1.1B | $1.5B |
| EPS (diluted) | $4.43 | $5.63 | $5.97 | $6.64 | $10.62 | $10.17 | $10.68 | $7.55 | $5.11 | $6.85 |
| Free cash flow | $1.0B | $1.2B | $1.4B | $1.5B | $2.8B | $1.8B | $424.0M | $691.6M | $1.7B | $2.4B |
| Buybacks | $990.5M | $579.7M | $1.0B | $1.2B | $2.5B | $2.5B | $2.7B | — | — | — |
| Dividends paid | $281.1M | $282.9M | $306.5M | $327.6M | $355.9M | $392.2M | $493.7M | $518.0M | $519.0M | $519.5M |
| Diluted shares | 282.3M | 273.4M | 266.1M | 258.1M | 250.1M | 235.8M | 226.3M | 219.9M | 220.0M | 220.8M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into DG?
A reverse DCF asks what growth the current price requires. With an enterprise value of $43.5B and $2.0B of trailing free cash flow, Dollar General needs to grow free cash flow about 12.5% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -3.4% a year over the last five years.
P/E ratio history
Current 19.4x vs. median 20.8x (10th–90th percentile 16.1x–26.9x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
DG dividend
- Dividend yield
- 1.78%
- Annual dividend
- $2.36
- Years of increases
- —
- 5-yr dividend growth
- 11.0%
- per year
- Payout ratio
- 31%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
DG analyst price targets
29 analysts' average 12-month target is $142.83 (+8% vs. $132.69). Targets range from $90.00 to $180.00. 42% rate it a buy.
DG earnings
Next report: December 3, 2026. Dollar General has beaten EPS estimates 7 quarters in a row. Last quarter's revenue was $11.3B (+5% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 27, 2026 | $2.01 | $2.48 | +23.5% |
| Jun 2, 2026 | $1.88 | $2.00 | +6.2% |
| Mar 12, 2026 | $1.64 | $1.93 | +17.9% |
| Dec 4, 2025 | $0.93 | $1.28 | +38.3% |
| Aug 28, 2025 | $1.57 | $1.86 | +18.5% |
| Jun 3, 2025 | $1.48 | $1.78 | +19.9% |
| Mar 13, 2025 | $1.50 | $1.68 | +11.6% |
| Dec 5, 2024 | $0.94 | $0.89 | -5.1% |
Stocks like DG
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 WMT Walmart | -1.02% | +13% | $954.1B | 43.4x | Compare |
 COST Costco Wholesale | -1.46% | +7% | $444.6B | 48.3x | Compare |
 TGT Target | -3.38% | +69% | $69.4B | 15.9x | Compare |
 DLTR Dollar Tree | -4.37% | +25% | $23.5B | 15.3x | Compare |
 KO Coca-Cola | -2.76% | +36% | $398.9B | 27.8x | Compare |
 PG Procter & Gamble | -2.76% | +10% | $373.2B | 24.3x | Compare |
 PM Philip Morris International | -1.13% | +31% | $310.9B | 29.1x | Compare |
 PEP Pepsico | -2.20% | -7% | $185.0B | 17.1x | Compare |
DG news
- Dollar Tree, Dollar General Stocks Slide as Their Core Shoppers Get Squeezed · Oct 23, 2026
- Dollar Store Stocks Slide as Selling Hits Discount Retail: Dollar Tree and Dollar General Drop 6% · Oct 23, 2026
- DG or ROST: Which Is the Better Value Stock Right Now? · Oct 23, 2026
- Bull of the Day: Dollar General (DG) · Oct 23, 2026
- Dollar General and Las Vegas Sands have been highlighted as Zacks Bull and Bear of the Day · Oct 23, 2026
DG stock FAQ
What is DG's market cap?
Dollar General's market capitalization is $29.27 billion as of October 23, 2026, ranking 323rd in the S&P 500.
What is DG's P/E ratio?
DG trades at a trailing price-to-earnings ratio of 17.2x and a forward P/E of 16.0x. Its median P/E over the period we track is 20.8x.
Does DG pay a dividend?
Yes. Dollar General pays $2.36 per share a year, a 1.78% yield. Dividends grew 11.0% a year over the last five years.
How much has DG stock returned?
Including reinvested dividends, DG returned +31.3% over one year, -8.1% a year over five years, +8.4% a year over ten years through October 23, 2026.
Is DG stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Dollar General must grow free cash flow about 13% a year for the next decade. Its free cash flow fell 3% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the DG price target?
29 analysts cover DG with an average 12-month price target of $142.83, +8% from the current price. 42% of them rate it a buy.
When does DG report earnings?
Dollar General is expected to report earnings on December 3, 2026. It has beaten EPS estimates 7 quarters in a row.
How many employees does Dollar General have?
Dollar General has about 194,000 full-time employees, or $224,938 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology