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Dollar General vs Walmart: revenue, profit, margins and growth compared

Dollar General brought in $42.7B of revenue in fiscal 2025, Walmart $713.2B in fiscal 2026. Revenue changed by +5.2% at Dollar General and +4.7% at Walmart on the year before, so Dollar General grew faster. Dollar General kept 3.5% of its revenue as net profit, Walmart 3.1%. Free cash flow was $2.4B at Dollar General and $14.9B at Walmart.

Side by side, latest fiscal year

DGWMT
Fiscal year endedFY2025 (January 30, 2026)FY2026 (January 31, 2026)
Revenue$42.7B$713.2B
Revenue growth+5.2%+4.7%
Net income$1.5B$21.9B
Net margin3.5%3.1%
Free cash flow$2.4B$14.9B
Free cash flow margin5.6%2.1%
Earnings per share (diluted)$6.85$2.73
Cash$1.1B$10.7B
Debt$4.6B$38.2B
Price to earnings18.239.5
Market value$27.5B$859.3B
Dividend yield1.89%0.87%
Rank by revenue in sector#21 of 778 · Consumer discretionary#2 of 778 · Consumer discretionary

Over the years

Revenue
DG FY2018: $25.6BDG FY2019: $27.8BDG FY2020: $33.7BDG FY2021: $34.2BDG FY2022: $37.8BDG FY2023: $38.7BDG FY2024: $40.6BDG FY2025: $42.7BWMT FY2019: $514.4BWMT FY2020: $524BWMT FY2021: $559.2BWMT FY2022: $572.8BWMT FY2023: $611.3BWMT FY2024: $648.1BWMT FY2025: $681BWMT FY2026: $713.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
DG $42.7BWMT $713.2B
Net income
DG FY2018: $1.6BDG FY2019: $1.7BDG FY2020: $2.7BDG FY2021: $2.4BDG FY2022: $2.4BDG FY2023: $1.7BDG FY2024: $1.1BDG FY2025: $1.5BWMT FY2019: $6.7BWMT FY2020: $14.9BWMT FY2021: $13.5BWMT FY2022: $13.7BWMT FY2023: $11.7BWMT FY2024: $15.5BWMT FY2025: $19.4BWMT FY2026: $21.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
DG $1.5BWMT $21.9B
Net margin
DG FY2018: 6.2%DG FY2019: 6.2%DG FY2020: 7.9%DG FY2021: 7.0%DG FY2022: 6.4%DG FY2023: 4.3%DG FY2024: 2.8%DG FY2025: 3.5%WMT FY2019: 1.3%WMT FY2020: 2.8%WMT FY2021: 2.4%WMT FY2022: 2.4%WMT FY2023: 1.9%WMT FY2024: 2.4%WMT FY2025: 2.9%WMT FY2026: 3.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
DG 3.5%WMT 3.1%
Revenue growth
DG FY2019: +8.3%DG FY2020: +21.6%DG FY2021: +1.4%DG FY2022: +10.6%DG FY2023: +2.2%DG FY2024: +5.0%DG FY2025: +5.2%WMT FY2020: +1.9%WMT FY2021: +6.7%WMT FY2022: +2.4%WMT FY2023: +6.7%WMT FY2024: +6.0%WMT FY2025: +5.1%WMT FY2026: +4.7%FY19FY20FY21FY22FY23FY24FY25FY26
DG +5.2%WMT +4.7%
Free cash flow
DG FY2018: $1.4BDG FY2019: $1.5BDG FY2020: $2.8BDG FY2021: $1.8BDG FY2022: $424MDG FY2023: $691.6MDG FY2024: $1.7BDG FY2025: $2.4BWMT FY2019: $17.4BWMT FY2020: $14.6BWMT FY2021: $25.8BWMT FY2022: $11.1BWMT FY2023: $12BWMT FY2024: $15.1BWMT FY2025: $12.7BWMT FY2026: $14.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
DG $2.4BWMT $14.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Dollar General and Walmart

Which is bigger by revenue, Dollar General or Walmart?

Walmart is bigger by revenue: $713.2B in fiscal 2026, against $42.7B for Dollar General in fiscal 2025.

Which keeps more of its revenue as profit, Dollar General or Walmart?

Dollar General had a net margin of 3.5% in fiscal 2025; Walmart had 3.1% in fiscal 2026.

Which grew revenue faster, Dollar General or Walmart?

In their latest fiscal years revenue changed by +5.2% at Dollar General and +4.7% at Walmart.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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