Dollar General Corporation (DG)

Operating profit margin

		Feb 2, 2024	Feb 3, 2023	Jan 28, 2022	Jan 29, 2021	Jan 31, 2020
Operating income	US$ in thousands	2,446,300	3,328,300	3,220,680	3,554,760	2,302,300
Revenue	US$ in thousands	38,364,800	37,633,600	34,062,900	33,596,500	27,653,400
Operating profit margin		6.38%	8.84%	9.46%	10.58%	8.33%

February 2, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,446,300K ÷ $38,364,800K
= 6.38%

The operating profit margin of Dollar General Corporation has shown a declining trend over the past five years, from 8.33% in January 2020 to 6.38% in February 2024. This indicates that the company's ability to generate profit from its core operations has weakened over time. Several factors could be contributing to this decline, including increasing operating expenses, pricing pressures, or changes in sales mix. It is important for Dollar General to closely monitor and address these issues to improve its operating profit margin and overall financial performance.