Dollar General Corporation (DG)

Return on assets (ROA)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 2, 2024	Jan 31, 2024	Nov 3, 2023	Oct 31, 2023	Aug 4, 2023	Jul 31, 2023	May 5, 2023	Apr 30, 2023	Feb 3, 2023	Jan 31, 2023	Oct 31, 2022	Oct 28, 2022	Jul 31, 2022	Jul 29, 2022	Apr 30, 2022	Apr 29, 2022
Net income (ttm)	US$ in thousands	1,125,253	1,335,849	1,541,133	1,443,189	1,356,118	1,423,140	1,490,162	1,728,296	1,966,430	2,156,730	2,347,030	2,358,817	2,370,604	2,389,499	2,408,394	2,434,884	2,461,374	2,380,777	2,300,180	2,234,554
Total assets	US$ in thousands	31,132,700	31,460,400	31,813,800	31,009,500	30,795,600	33,742,100	30,624,600	30,624,600	30,395,600	30,395,600	29,803,900	29,803,900	29,083,400	29,083,400	29,007,200	29,007,200	28,239,300	28,239,300	26,956,300	26,956,300
ROA		3.61%	4.25%	4.84%	4.65%	4.40%	4.22%	4.87%	5.64%	6.47%	7.10%	7.87%	7.91%	8.15%	8.22%	8.30%	8.39%	8.72%	8.43%	8.53%	8.29%

January 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,125,253K ÷ $31,132,700K
= 3.61%

The return on assets (ROA) of Dollar General Corporation has been gradually declining over the period from April 29, 2022, to January 31, 2025. The ROA started at 8.29% in April 2022, peaked at 8.72% in July 2022, and has since been on a downward trend. As of January 31, 2025, the ROA stands at 3.61%, indicating a decrease in the company's efficiency in generating profits from its assets over time. This may suggest potential challenges in the company's operational performance and asset utilization. Further analysis and investigation into the factors contributing to this declining trend in ROA would be necessary to understand the underlying reasons and to implement strategies to improve the company's profitability and asset management.