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Dollar General DG Operating margin

Operating margin at other companies

Target logo
TargetTGT
4.5%-0.9pp
CVS Health logo
CVS HealthCVS
1.5%-1.1pp
Walmart
 logo
Walmart WMT
4.2%-0.2pp
Dollar Tree logo
Dollar TreeDLTR
8.8%+0.7pp
Amazon logo
AmazonAMZN
11.5%+0.5pp
Church & Dwight logo
Church & DwightCHD
17.3%+4.2pp

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
Net margin3.6%+0.8pp

Returns & leverage

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Return on equity18.9%+3.2pp
Debt / equity1.8×-0.4×
Current ratio1.2×-0.1×

Where this comes from

Calculated from Dollar General’s reported figures.

Based on trailing twelve months.

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 operating margin?
Dollar General (DG) reported operating margin of 5.3% in Q1 2026.
How has Dollar General's operating margin changed year-over-year?
Dollar General's operating margin increased by 24.1% year-over-year, from 4.2% to 5.3%.
What is the long-term trend for Dollar General's operating margin?
Over 4 years (2021 to 2025), Dollar General's operating margin has grown at a -17.8% compound annual growth rate (CAGR), from 39.9% to 18.2%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.