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TickerDG
SectorDiscount Stores
Mkt cap$24.9B
EV / EBITDA12.2×
PostureHigh Velocity
Composite62/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 29534

Dollar General Corporation

DGHIGH VELOCITYFILING INTENSITY

Dollar General Corporation reads as an High Velocity (composite 62/100); Selective Buyer deploying $0 across 0 disclosed transactions, running flat vs the prior cycle · primary market Consumer Products.

Lens

Disclosed M&A capital (2023–2025)

N/A

flat

vs N/A in 2020–2022

Disclosed transactions

N/A

flat

0/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

62

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$42.7B
EBITDA$3.2B
Enterprise value$39.5B
EV / Revenue0.9×
EV / EBITDA12.2×
P/EN/A
Cash$1.1B
Total debt$750M
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

44/100

Companies actively deploying disclosed capital into M&A

  • $6.7B disclosed buyer spend

Buyer Cadence

0/100

Buyer-side companies with recent filing activity

  • 420 8-Ks

Target Probability

6/100

Issuers showing target-side patterns from filings

  • 1 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 1 activism filings

Pressure Watch

12/100

Issuers facing activism, governance, or control pressure

  • 1 activism filings
  • Latest activism 19y ago; heavily discounted

Distress Watch

24/100

Issuers showing financial-distress filing patterns

  • 10-Q 187d stale
  • 1 activism filings

Restatement Risk

1/100

Issuers with accounting-integrity flags from filings

  • 1 non-reliance 8-K
  • 2 NT late filings
  • Latest event 21y ago; heavily discounted

Capital Velocity

Dominant
62/100

Issuers with the highest filing-activity intensity

  • 420 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $39.5B
  • 10-Q 187d ago
  • 1 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

No disclosed M&A capital in the 10-year window.

This issuer has not disclosed material acquisition spend or count in the last ten fiscal years.

§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Competition for customers has intensified as competitors have moved into, or increased their presence in, our geographic and product markets and increased the availability of mobile, web-based and other digital technology to facilitate a more convenient and competitive customer online and in-store shopping experience.

10-KFY2017

We remain vulnerable to the marketing power and high level of consumer recognition of larger competitors and to the risk that these competitors or others could venture into our industry in a significant way, including through the introduction of new store formats.

10-KFY2016

FASB Interpretation No. 46, “Consolidation of Variable Interest Entities” (“FIN 46”), expands upon current guidance relating to when a company should include in its financial statements the assets, liabilities and activities of a Variable Interest Entity (“VIE”).

10-KFY2003

Competition has intensified, and is expected to continue to do so, as competitors enter or increase their presence in our geographic and product markets and expand availability of mobile, web-based and other digital technologies.

10-KFY2018

We expect this competition to continue to increase.

10-KFY2017
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Consumer Products

Market spend (2023–2025)
$145.2B
Market spend (2020–2022)
$102.1B
Recent vs prior
+42%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

12.2×EV / EBITDA

DG trades at a -0.0-turn discount to the Consumer Products peer median of 12.2×.

EV / Revenue
0.9×
Net debt / EBITDA
-0.1×
Peer median EV / EBITDA
12.2×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
15.7×2.3×2.0×$164.7B$24.6B
Dollar General CorporationDG
12.2×0.9×-0.1×$42.7BN/A
8.7×1.3×-0.1×$10B$5.5B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Consumer Products. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)352026-03-20
  • 10-Q (quarterly)982025-12-04
  • 8-K (event)4202026-03-24
  • Proxy / DEF 14A692026-04-07
  • Activism (13D / DFAN / PREC)12007-06-18

Signals on file

  • critical

    Non-reliance disclosure

    2005-03-03

    1 Item 4.02 filing on file; financial-statement non-reliance.

  • watch

    Late-filing notice

    2001-06-18

    2 NT 10-K/10-Q filings on file.

  • elevated

    Activism on file

    2007-06-18

    1 activist filing on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Restatement risk

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

Dollar General Corporation: Issuer Brief | SE-Cluster