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Dollar General Corporation (DG)
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Dollar General Corporation (DG) Debt to Equity Ratio: 1.85

Is Dollar General Corporation’s debt to equity ratio high or low?

Dollar General Corporation's debt to equity ratio of 1.85 is 25% below its 5-year average of 2.47, near the low end of its 5-year range (1.85–3.19).

The debt to equity ratio for Dollar General Corporation (DG) is 1.85 as of Wednesday, June 10, 2026. It is below its 12-month average by 12.11% (2.10).

DG Debt to Equity Ratio Chart

DG Debt to Equity Ratio
1.85-21.61% 1Y
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DG Average Debt to Equity Ratio Chart

DG Current vs Average Debt to Equity Ratio Chart

DG Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.85

DEBT TO EQUITY RATIO AVG TTM

2.10

DEBT TO EQUITY RATIO AVG 3Y

2.52

DEBT TO EQUITY RATIO AVG 5Y

2.47

DEBT TO EQUITY RATIO AVG 10Y

1.77

DEBT TO EQUITY RATIO AVG 15Y

1.36

DEBT TO EQUITY RATIO AVG 20Y

1.21

CURRENT VS TTM AVG

-12.11%

CURRENT VS 3Y AVG

-26.59%

CURRENT VS 5Y AVG

-25.16%

CURRENT VS 10Y AVG

+4.64%

CURRENT VS 15Y AVG

+36.36%

CURRENT VS 20Y AVG

+52.29%

DG Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Dollar General Corporation (DG)1.852.102.522.47
Constellation Brands, Inc. (STZ)$24.31B1.391.571.491.29
Church & Dwight Co., Inc. (CHD)$23.34B0.550.550.650.70
Dollar Tree, Inc. (DLTR)$21.29B1.231.601.401.33
Kellanova (K)$29.03B1.681.871.912.22
General Mills, Inc. (GIS)$18.02B1.661.541.341.41
Kimberly-Clark Corporation (KMB)$33.79B4.777.099.6711.53
Hormel Foods Corporation (HRL)$13.38B0.360.360.400.38
McCormick & Company, Incorporated (MKC)$13.25B0.700.770.901.02
The J. M. Smucker Company (SJM)$12.45B1.281.281.070.91

Financial Health

Debt/Equity

1.85

Current Ratio

1.13

Dollar General Corporation Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Dollar General Corporation Debt to Equity Ratio FAQ

What is the debt to equity ratio for Dollar General Corporation (DG)?
The debt to equity ratio for DG stock is 1.85.
Is Dollar General Corporation's debt to equity ratio high or low?
Dollar General Corporation's debt to equity ratio of 1.85 is 25% below its 5-year average of 2.47, near the low end of its 5-year range (1.85–3.19).
What is the TTM average debt to equity ratio for Dollar General Corporation (DG)?
The TTM average debt to equity ratio for DG stock is 2.10.
What is the 3Y average debt to equity ratio for Dollar General Corporation (DG)?
The 3Y average debt to equity ratio for DG stock is 2.52.
What is the 5Y average debt to equity ratio for Dollar General Corporation (DG)?
The 5Y average debt to equity ratio for DG stock is 2.47.
What is the 10Y average debt to equity ratio for Dollar General Corporation (DG)?
The 10Y average debt to equity ratio for DG stock is 1.77.
What is the 15Y average debt to equity ratio for Dollar General Corporation (DG)?
The 15Y average debt to equity ratio for DG stock is 1.36.
What is the 20Y average debt to equity ratio for Dollar General Corporation (DG)?
The 20Y average debt to equity ratio for DG stock is 1.21.

Dollar General Corporation Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-01-301.85
2025-01-312.36
2024-02-022.68
2023-02-033.19
2022-01-282.28
2021-01-292.04
2020-01-311.75
2019-02-010.45
2018-02-020.49
2017-02-030.59
2016-01-290.55
2015-01-300.48
2014-01-310.52
2013-02-010.56
2012-02-030.56
2011-01-280.81
2010-01-291.00
2009-01-301.46
2008-02-011.58
2007-02-020.15
2006-02-030.16
2005-01-280.16
2004-01-300.18
2003-01-310.27
2001-12-310.71
2001-02-020.85
2000-01-280.00
1999-01-290.00
1998-01-300.04
1997-01-310.09

About Dollar General Corporation

Dollar General Corporation is a prominent discount retail chain that offers a wide array of merchandise across the southern, southwestern, Midwestern, and eastern regions of the United States. Its extensive product assortment primarily features consumable items. This includes household essentials such as paper products, cleaning supplies, and laundry detergents; a wide array of food options, ranging from shelf-stable groceries like cereals, pasta, canned goods, condiments, and baking ingredients, to fresh and refrigerated perishables such as milk, eggs, bread, and frozen foods, as well as alcoholic beverages like beer and wine. The selection further encompasses popular snacks (candies, cookies, crackers, and carbonated drinks), health and beauty aids (over-the-counter medications, personal care items, cosmetics, dental, and foot care products), pet food and supplies, and tobacco products. Beyond consumables, Dollar General offers seasonal merchandise, which includes holiday decorations, toys, electronics, greeting cards, stationery, prepaid phone services and accessories, gardening tools, hardware, automotive items, and home office supplies. Customers can also find various home goods, from kitchenware and small appliances to lighting, storage solutions, frames, candles, craft materials, and soft furnishings for the kitchen, bed, and bath. Lastly, the company stocks a selection of apparel, featuring everyday clothing for infants, children, women, and men, along with socks, underwear, disposable diapers, shoes, and accessories. As of February 25, 2022, Dollar General operated an impressive 18,190 stores spread across 47 U.S. states. Originally established in 1939 as J.L. Turner & Son, Inc., the company adopted its current name, Dollar General Corporation, in 1968. Its corporate headquarters are situated in Goodlettsville, Tennessee.

Goodlettsville, TN
194,200 employees
Consumer Defensive / Discount Stores
Sector
Consumer Defensive
Industry
Discount Stores
CEO
Todd J. Vasos