Stock Analysis on Net

Dollar General Corp. (NYSE:DG)

Common-Size Income Statement

Dollar General Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020 Feb 1, 2019
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -69.71 -68.77 -68.40 -68.24 -69.41 -69.55
Gross profit 30.29% 31.23% 31.60% 31.76% 30.59% 30.45%
Selling, general and administrative expenses -23.97 -22.44 -22.19 -21.23 -22.29 -22.20
Operating profit 6.32% 8.79% 9.41% 10.53% 8.30% 8.26%
Interest expense -0.84 -0.56 -0.46 -0.45 -0.36 -0.39
Other expense 0.00 0.00 0.00 0.00 0.00 0.00
Income before income taxes 5.48% 8.24% 8.95% 10.09% 7.93% 7.87%
Income tax expense -1.18 -1.85 -1.94 -2.22 -1.76 -1.66
Net income 4.29% 6.38% 7.01% 7.87% 6.17% 6.20%

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01).

Income statement item Description The company
Operating profit The net result for the period of deducting operating expenses from operating revenues. Dollar General Corp. operating profit as a percentage of net sales decreased from 2022 to 2023 and from 2023 to 2024.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Dollar General Corp. income before income taxes as a percentage of net sales decreased from 2022 to 2023 and from 2023 to 2024.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Dollar General Corp. net income as a percentage of net sales decreased from 2022 to 2023 and from 2023 to 2024.