Dollar General Corporation (DG)

Net profit margin

		Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019	Aug 2, 2019	May 3, 2019
Net income (ttm)	US$ in thousands	1,661,274	1,918,596	2,168,517	2,377,712	2,415,989	2,354,287	2,315,151	2,274,140	2,399,232	2,444,542	2,531,771	2,682,353	2,655,050	2,547,744	2,339,034	1,977,988	1,712,555	1,660,359	1,628,951	1,609,633
Revenue (ttm)	US$ in thousands	38,447,860	38,794,560	38,593,980	38,264,760	37,633,610	36,118,450	35,185,880	34,414,030	34,062,920	33,864,500	33,545,190	33,579,340	33,667,220	32,410,340	31,242,400	29,579,230	27,753,960	27,246,130	26,672,200	26,133,760
Net profit margin		4.32%	4.95%	5.62%	6.21%	6.42%	6.52%	6.58%	6.61%	7.04%	7.22%	7.55%	7.99%	7.89%	7.86%	7.49%	6.69%	6.17%	6.09%	6.11%	6.16%

February 2, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,661,274K ÷ $38,447,860K
= 4.32%

The net profit margin of Dollar General Corporation has shown some fluctuation over the past 20 reporting periods. It ranged from 4.32% to 7.99%, indicating some variability in the company's ability to generate profit from its total revenue.

Overall, the trend shows some slight fluctuations, with the net profit margin generally hovering around the 6-7% range. The highest net profit margin of 7.99% was recorded on February 3, 2021, while the lowest margin of 4.32% was reported on February 2, 2024. This suggests that the company has experienced some changes in its profitability over the analyzed period.

It's important to note that a higher net profit margin indicates better profitability, as the company is retaining a larger portion of its revenue as profit. Investors and analysts may further investigate the reasons behind these fluctuations to assess the company's financial performance and future prospects.