Stock Analysis on Net

Dollar General Corp. (NYSE:DG)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 29, 2024.

Return on Assets (ROA)
since 2010

Microsoft Excel

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Calculation

Dollar General Corp., ROA, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).

1 US$ in thousands


The analysis of the annual financial data reveals several significant trends in profitability and asset management over the examined period.

Net Income
Net income demonstrated a consistent upward trajectory from 2010 to 2021, increasing from approximately $339 million to over $2.6 billion. This growth indicates a strong expansion in profitability. However, after peaking in 2021, net income experienced a decline, dropping to about $1.66 billion by 2024. Despite this downward shift, the figures remain substantially higher than those at the start of the period, reflecting sustained overall growth.
Total Assets
Total assets grew steadily throughout the entire period, rising from roughly $8.9 billion in 2010 to more than $30.7 billion in 2024. This growth suggests ongoing investment and asset accumulation, contributing to the company’s capacity for business expansion and operational scaling.
Return on Assets (ROA)
ROA showed an improving trend from 3.83% in 2010 to a peak of 12.3% in 2018, indicating increasingly efficient use of assets to generate profits. Post-2018, ROA fluctuated downward to 5.39% by 2024, paralleling the decline observed in net income. This decline in ROA signals a reduction in asset efficiency or profitability relative to asset size in recent years.

In summary, the data reflects strong growth in net income and assets through the majority of the decade, accompanied by increasing asset utilization efficiency until around 2018. The subsequent decreases in net income and ROA suggest a shift in profitability dynamics, possibly related to market conditions, operational challenges, or strategic changes affecting the company’s performance in later years.


Comparison to Competitors

Dollar General Corp., ROA, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).


Comparison to Sector (Consumer Staples Distribution & Retail)

Dollar General Corp., ROA, long-term trends, comparison to sector (consumer staples distribution & retail)

Microsoft Excel

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).


Comparison to Industry (Consumer Staples)

Dollar General Corp., ROA, long-term trends, comparison to industry (consumer staples)

Microsoft Excel

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01), 10-K (reporting date: 2018-02-02), 10-K (reporting date: 2017-02-03), 10-K (reporting date: 2016-01-29), 10-K (reporting date: 2015-01-30), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-02-01), 10-K (reporting date: 2012-02-03), 10-K (reporting date: 2011-01-28), 10-K (reporting date: 2010-01-29).