Dollar General Corporation (DG)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,446,300 | 2,799,820 | 3,101,476 | 3,322,588 | 3,327,887 | 3,191,382 | 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 | 2,137,340 |
| Long-term debt | US$ in thousands | — | — | — | — | — | 5,985,730 | 4,290,700 | 3,947,460 | 4,172,070 | — | — | — | — | — | — | 3,967,220 | 2,911,440 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,749,120 | 6,451,880 | 6,297,700 | 5,935,250 | 5,541,770 | 6,093,810 | 6,188,490 | 5,961,620 | 6,261,990 | 6,189,800 | 6,137,140 | 6,249,920 | 6,661,240 | 6,985,520 | 7,356,070 | 7,209,450 | 6,702,500 | 6,648,300 | 6,749,160 | 6,572,670 |
| Return on total capital | 36.25% | 43.40% | 49.25% | 55.98% | 60.05% | 26.42% | 29.79% | 30.86% | 30.87% | 53.25% | 55.46% | 57.55% | 53.36% | 48.72% | 42.44% | 23.77% | 23.95% | 33.39% | 32.16% | 32.52% |
February 2, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,446,300K ÷ ($—K + $6,749,120K)
= 36.25%
The return on total capital for Dollar General Corporation has displayed fluctuating trends over the past several quarters. There was a notable decrease in the return on total capital from May 1, 2020, to Jul 31, 2020, where it dropped to 23.77%. However, there was a subsequent increase in the return on total capital, with a significant improvement by Nov 3, 2023, reaching 43.40%. The return on total capital continued to show consistent growth until Feb 2, 2024, where it peaked at 36.25%.
Overall, Dollar General Corporation's return on total capital has demonstrated resilience and improvement within the analyzed period, with occasional fluctuations. The company's ability to generate returns from its total capital has shown positive momentum, indicating efficient utilization of resources and potentially promising financial performance. It is important to continue monitoring this metric to assess the company's ongoing financial health and performance.
Peer comparison
Feb 2, 2024