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Dollar General (WBO:DGEN) 3-Year ROIIC % : -15.07% (As of Jan. 2024)


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What is Dollar General 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Dollar General's 3-Year ROIIC % for the quarter that ended in Jan. 2024 was -15.07%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Dollar General's 3-Year ROIIC % or its related term are showing as below:

WBO:DGEN's 3-Year ROIIC % is ranked worse than
78.03% of 305 companies
in the Retail - Defensive industry
Industry Median: 5.46 vs WBO:DGEN: -15.07

Dollar General 3-Year ROIIC % Historical Data

The historical data trend for Dollar General's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dollar General 3-Year ROIIC % Chart

Dollar General Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 10.83 7.40 14.84 -15.07

Dollar General Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -15.07 - - -

Competitive Comparison of Dollar General's 3-Year ROIIC %

For the Discount Stores subindustry, Dollar General's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dollar General's 3-Year ROIIC % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollar General's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Dollar General's 3-Year ROIIC % falls into.



Dollar General 3-Year ROIIC % Calculation

Dollar General's 3-Year ROIIC % for the quarter that ended in Jan. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 1760.1820114 (Jan. 2024) - 2276.1085138 (Jan. 2021) )/( 24221.053 (Jan. 2024) - 17003.307 (Jan. 2021) )
=-515.9265024/7217.746
=-7.15%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Dollar General  (WBO:DGEN) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Dollar General 3-Year ROIIC % Related Terms

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Dollar General Business Description

Address
100 Mission Ridge, Goodlettsville, TN, USA, 37072
With more than 20,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or less.

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