Dollar General Corporation (DG)

Operating 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
Operating income (ttm)	US$ in thousands	2,446,300	2,799,820	3,101,891	3,323,003	3,328,302	3,191,797	3,121,840	3,057,982	3,220,675	3,296,230	3,403,772	3,596,834	3,554,768	3,403,419	3,121,706	2,656,851	2,302,304	2,219,932	2,170,658	2,138,359
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
Operating profit margin		6.36%	7.22%	8.04%	8.68%	8.84%	8.84%	8.87%	8.89%	9.46%	9.73%	10.15%	10.71%	10.56%	10.50%	9.99%	8.98%	8.30%	8.15%	8.14%	8.18%

February 2, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,446,300K ÷ $38,447,860K
= 6.36%

The operating profit margin of Dollar General Corporation has shown some fluctuations over the period under consideration, ranging from 6.36% to 10.71%. It reached its peak at 10.71% in July 30, 2021, before slightly decreasing in the following periods. The lowest operating profit margin during this time frame was 6.36% on February 2, 2024. Overall, Dollar General Corporation has generally maintained a healthy operating profit margin above 8%, indicating efficient cost management and revenue generation relative to its operating expenses.