Dollar General
Dollar General returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2027 Q2 | Jul 31, 2026 | 15.04% | 9.79% | — | 19.69% | 5.34% | 7.3 pp |
| FY 2027 Q1 | May 1, 2026 | 14.06% | 9.24% | — | 18.91% | 4.99% | 6.4 pp |
| FY 2026 Q4 | Jan 30, 2026 | 13.75% | 9.13% | — | 18.99% | 4.87% | 6.1 pp |
| FY 2026 Q3 | Oct 31, 2025 | 11.67% | 7.73% | — | 16.45% | 4.04% | 4 pp |
| FY 2026 Q2 | Aug 1, 2025 | 10.9% | 7.21% | — | 15.6% | 3.75% | 3.2 pp |
| FY 2026 Q1 | May 2, 2025 | 10.53% | 7.13% | — | 15.69% | 3.72% | 2.8 pp |
| FY 2025 Q4 | Jan 31, 2025 | 10.33% | 7.09% | — | 15.89% | 3.63% | 2.6 pp |
| FY 2025 Q3 | Nov 1, 2024 | 11.84% | 8.3% | — | 19.37% | 4.3% | 4.1 pp |
| FY 2025 Q2 | Aug 2, 2024 | — | 8.6% | — | 20.88% | 4.55% | — |
| FY 2025 Q1 | May 3, 2024 | — | 9.37% | — | 23.35% | 4.97% | — |
| FY 2024 Q4 | Feb 2, 2024 | — | 10.35% | — | 27.03% | 5.55% | — |
| FY 2024 Q3 | Nov 3, 2023 | — | 12.08% | — | 30.59% | 6.43% | — |
| FY 2024 Q2 | Aug 4, 2023 | — | 13.78% | — | 34.73% | 7.4% | — |
| FY 2024 Q1 | May 5, 2023 | — | 15.21% | — | 39.97% | 8.38% | — |
| FY 2023 Q4 | Feb 3, 2023 | — | 15.29% | — | 40.94% | 8.72% | — |
| FY 2023 Q3 | Oct 28, 2022 | — | 14.95% | — | 38.33% | 8.57% | — |
| FY 2023 Q2 | Jul 29, 2022 | 23.21% | 15.35% | -20.16% | 37.57% | 8.62% | 15.5 pp |
| FY 2023 Q1 | Apr 29, 2022 | 23.77% | 15.32% | -52.51% | 37.25% | 8.71% | 16.1 pp |
| FY 2022 Q4 | Jan 28, 2022 | 25.87% | 15.9% | -37.07% | 37.13% | 9.19% | 18.2 pp |
| FY 2022 Q3 | Oct 29, 2021 | 27.4% | 16.3% | -9.32% | 37.11% | 9.39% | 19.7 pp |
| FY 2022 Q2 | Jul 30, 2021 | 28.78% | 16.83% | 15.03% | 37.53% | 9.86% | 21.1 pp |
| FY 2022 Q1 | Apr 30, 2021 | 30.86% | 18.02% | 62.9% | 39.86% | 10.71% | 23.2 pp |
| FY 2021 Q4 | Jan 29, 2021 | 29.51% | 18.5% | 2,367.29% | 39.74% | 10.91% | 21.8 pp |
| FY 2021 Q3 | Oct 30, 2020 | 29.4% | 17.83% | — | 37.37% | 10.49% | 21.7 pp |
| FY 2021 Q2 | Jul 31, 2020 | 27.72% | 16.41% | — | 33.17% | 9.79% | 20 pp |
| FY 2021 Q1 | May 1, 2020 | 23.49% | 14.23% | — | 28.7% | 8.57% | 15.8 pp |
| FY 2020 Q4 | Jan 31, 2020 | 19.44% | 16.17% | 37.17% | 26.11% | 9.51% | 11.7 pp |
| FY 2020 Q3 | Nov 1, 2019 | 19.18% | 15.83% | -125.74% | 25.54% | 9.35% | 11.5 pp |
| FY 2020 Q2 | Aug 2, 2019 | 19.02% | 15.71% | -67.89% | 24.82% | 9.35% | 11.3 pp |
| FY 2020 Q1 | May 3, 2019 | 18.94% | 15.66% | — | 25.13% | 9.53% | 11.2 pp |
| FY 2019 Q4 | Feb 1, 2019 | 18.64% | 21.44% | 26.85% | 25.34% | 12.36% | 10.9 pp |
| FY 2019 Q3 | Nov 2, 2018 | 21.65% | 21.47% | — | 30.06% | 14.26% | 13.9 pp |
| FY 2019 Q2 | Aug 3, 2018 | — | — | — | — | — | — |
| FY 2019 Q1 | May 4, 2018 | — | — | — | — | — | — |
| FY 2018 Q4 | Feb 2, 2018 | — | — | — | — | — | — |
| FY 2018 Q3 | Nov 3, 2017 | — | — | — | — | — | — |
| FY 2011 Q2 | Jul 29, 2011 | — | — | — | — | — | — |
| FY 2011 Q1 | Apr 29, 2011 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · DG, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.