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Dollar General DG Debt-to-equity

Debt-to-equity at other companies

Target logo
TargetTGT
1.1×-0.1×
CVS Health logo
CVS HealthCVS
0.2×0.0×
Walmart
 logo
Walmart WMT
0.8×0.0×
Casey's General Stores logo
Casey's General StoresCASY
0.8×-0.2×
Dollar Tree logo
Dollar TreeDLTR
2.2×+0.4×
Amazon logo
AmazonAMZN
0.5×0.0×

Other financials

Income statement

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Revenue$10.8B+3.4%
Gross profit$3.4B+5.6%
Operating income$638.5M+10.8%
Net income$444.1M+13.3%
EPS (diluted)$2.00+12.4%

Balance sheet

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Cash & equivalents$1.4B+59.2%
Total debt$15.8B-7.2%
Total equity$8.8B+14.8%
Total assets$31.7B+2.3%

Cash flow

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Operating cash flow$716.2M-15.5%
CapEx$351.6M+20.9%
Free cash flow$364.6M-34.4%

Valuation

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Market cap$23.98B+23.7%
Enterprise value$38.42B+8.6%
P/E15.3×-1.5×
P/S0.6×+0.1×

Profitability

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Gross margin30.8%+1.0pp
Operating margin5.3%+1.0pp
Net margin3.6%+0.8pp

Returns & leverage

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Return on equity18.9%+3.2pp
Current ratio1.2×-0.1×

Where this comes from

Calculated from Dollar General’s reported figures.

Based on the most recent quarter.

The official record: Dollar General’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dollar General's debt-to-equity?
Dollar General (DG) reported debt-to-equity of 1.8× in Q1 2026.
How has Dollar General's debt-to-equity changed year-over-year?
Dollar General's debt-to-equity decreased by 19.1% year-over-year, from 2.2× to 1.8×.
What is the long-term trend for Dollar General's debt-to-equity?
Over 4 years (2021 to 2025), Dollar General's debt-to-equity has grown at a -2.3% compound annual growth rate (CAGR), from 9× to 8.2×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.