Dollar General Corporation (DG)
Pretax margin
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,119,520 | 3,116,610 | 3,063,150 | 3,404,380 | 2,201,730 |
| Revenue | US$ in thousands | 38,364,800 | 37,633,600 | 34,062,900 | 33,596,500 | 27,653,400 |
| Pretax margin | 5.52% | 8.28% | 8.99% | 10.13% | 7.96% |
February 2, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,119,520K ÷ $38,364,800K
= 5.52%
The pretax margin of Dollar General Corporation has shown a declining trend over the past five years. The pretax margin was 5.52% as of February 2, 2024, down from 8.28% in the previous year and significantly lower than the peak of 10.13% in January 29, 2021. This decreasing trend indicates that Dollar General's ability to generate profits before taxes has been decreasing over the years. Further analysis and investigation into the factors contributing to this decline would be necessary to understand the reasons behind the declining pretax margin and to identify potential areas for improvement.
Peer comparison
Feb 2, 2024