Dollar Net Income from 2010 to 2024
| DG Stock | USD 145.68 1.19 0.82% |
Net Income | First Reported 1985-07-31 | Previous Quarter 276.2 M | Current Value 401.8 M | Quarterly Volatility 196.8 M |
Check Dollar General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dollar main balance sheet or income statement drivers, such as Depreciation And Amortization of 891.2 M, Interest Expense of 343.1 M or Selling General Administrative of 5.1 B, as well as many exotic indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0056 or PTB Ratio of 7.25. Dollar financial statements analysis is a perfect complement when working with Dollar General Valuation or Volatility modules.
Dollar | Net Income |
Latest Dollar General's Net Income Growth Pattern
Below is the plot of the Net Income of Dollar General over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Dollar General financial statement analysis. It represents the amount of money remaining after all of Dollar General operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Dollar General's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dollar General's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.66 B | 10 Years Trend |
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Net Income |
| Timeline |
Dollar Net Income Regression Statistics
| Arithmetic Mean | 1,464,046,047 | |
| Geometric Mean | 1,094,348,516 | |
| Coefficient Of Variation | 47.34 | |
| Mean Deviation | 533,933,510 | |
| Median | 1,538,960,000 | |
| Standard Deviation | 693,109,443 | |
| Sample Variance | 480400.7T | |
| Range | 2.6B | |
| R-Value | 0.84 | |
| Mean Square Error | 151977.3T | |
| R-Squared | 0.71 | |
| Significance | 0.000088 | |
| Slope | 130,245,718 | |
| Total Sum of Squares | 6725609.8T |
Dollar Net Income History
Other Fundumenentals of Dollar General
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Dollar General Net Income component correlations
About Dollar General Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dollar General income statement, its balance sheet, and the statement of cash flows. Dollar General investors use historical funamental indicators, such as Dollar General's Net Income, to determine how well the company is positioned to perform in the future. Although Dollar General investors may use each financial statement separately, they are all related. The changes in Dollar General's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dollar General's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dollar General Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dollar General. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 1.7 B | 1.7 B | |
| Net Income Applicable To Common Shares | 2.8 B | 2.9 B | |
| Net Income From Continuing Ops | 1.7 B | 1.8 B | |
| Net Income Per Share | 7.57 | 0.62 | |
| Net Income Per E B T | 0.78 | 0.63 |
Dollar General Investors Sentiment
The influence of Dollar General's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dollar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dollar General's public news can be used to forecast risks associated with an investment in Dollar. The trend in average sentiment can be used to explain how an investor holding Dollar can time the market purely based on public headlines and social activities around Dollar General. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dollar General's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dollar General's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dollar General's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dollar General.
Dollar General Implied Volatility | 41.98 |
Dollar General's implied volatility exposes the market's sentiment of Dollar General stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dollar General's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dollar General stock will not fluctuate a lot when Dollar General's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dollar General in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dollar General's short interest history, or implied volatility extrapolated from Dollar General options trading.
Pair Trading with Dollar General
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dollar General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dollar General will appreciate offsetting losses from the drop in the long position's value.Moving together with Dollar Stock
| 0.88 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.94 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
| 0.88 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
Moving against Dollar Stock
| 0.8 | IH | IhumanInc | PairCorr |
| 0.52 | GV | Visionary Education Symbol Change | PairCorr |
| 0.46 | YI | 111 Inc | PairCorr |
The ability to find closely correlated positions to Dollar General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dollar General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dollar General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dollar General to buy it.
The correlation of Dollar General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dollar General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dollar General moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dollar General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Dollar General Correlation against competitors. For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.Note that the Dollar General information on this page should be used as a complementary analysis to other Dollar General's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Dollar Stock analysis
When running Dollar General's price analysis, check to measure Dollar General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dollar General is operating at the current time. Most of Dollar General's value examination focuses on studying past and present price action to predict the probability of Dollar General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar General's price. Additionally, you may evaluate how the addition of Dollar General to your portfolios can decrease your overall portfolio volatility.
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Is Dollar General's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dollar General. If investors know Dollar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dollar General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.39) | Dividend Share 2.36 | Earnings Share 7.55 | Revenue Per Share 176.34 | Quarterly Revenue Growth (0.03) |
The market value of Dollar General is measured differently than its book value, which is the value of Dollar that is recorded on the company's balance sheet. Investors also form their own opinion of Dollar General's value that differs from its market value or its book value, called intrinsic value, which is Dollar General's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dollar General's market value can be influenced by many factors that don't directly affect Dollar General's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dollar General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dollar General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dollar General's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.