Dollar General Financials
Dollar General (DG) reported $42.7B in revenue for fiscal year 2025, up 5.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025 shows a cash-generative retailer converting operating recovery into reinvestment and lower leverage after a multiyear margin squeeze.
Operating cash flow reached$3.6B against$1.5B of net income, a conversion gap that signals substantial non-cash or working-capital support. Inventory fell by$0.4B while revenue increased by5.2% , pointing to less cash tied up in stock.
The FY2025 operating-margin recovery coincided with gross margin moving from
Debt-to-equity fell from 0.8x to 0.5x between FY2024 and FY2025, showing leverage improved alongside the cash recovery. Long-term debt declined by
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Dollar General's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Dollar General has an operating margin of 5.2%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is up from 4.2% the prior year.
Dollar General's revenue grew 5.2% year-over-year to $42.7B, a solid pace of expansion. This earns a growth score of 51/100.
Dollar General has a moderate D/E ratio of 0.54. This balance of debt and equity financing earns a leverage score of 45/100.
Dollar General's current ratio of 1.13 is below the typical benchmark, resulting in a score of 25/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Dollar General has a free cash flow margin of 5.6%, earning a moderate score of 45/100. The company generates positive cash flow after capital investments, but with room for improvement.
Dollar General earns a strong 17.8% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 66/100. This is up from 15.2% the prior year.
Dollar General scores 2.58, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Dollar General passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Dollar General generates $2.40 in operating cash flow ($3.6B OCF vs $1.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Dollar General generated $42.7B in revenue in fiscal year 2025. This represents an increase of 5.2% from the prior year.
Dollar General's EBITDA was $3.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 21.0% from the prior year.
Dollar General reported $1.5B in net income in fiscal year 2025. This represents an increase of 34.4% from the prior year.
Dollar General earned $6.85 per diluted share (EPS) in fiscal year 2025. This represents an increase of 34.1% from the prior year.
Cash & Balance Sheet
Dollar General generated $2.4B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 41.9% from the prior year.
Dollar General held $1.1B in cash against $4.6B in long-term debt as of fiscal year 2025.
Dollar General paid $2.36 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Margins & Returns
Dollar General's gross margin was 30.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.1 percentage points from the prior year.
Dollar General's operating margin was 5.2% in fiscal year 2025, reflecting core business profitability. This is up 0.9 percentage points from the prior year.
Dollar General's net profit margin was 3.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.8 percentage points from the prior year.
Dollar General's ROE was 17.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the prior year.
Capital Allocation
Dollar General invested $1.2B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 5.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
DG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $42.7B+5.2% | $40.6B+5.0% | $38.7B+2.2% | $37.8B+10.6% | $34.2B+1.4% | $33.7B+21.6% | $27.8B+8.3% | $25.6B+9.2% | $23.5B+6.8% | $22.0B+7.9% | $20.4B+7.7% | $18.9B+8.0% | $17.5B+9.2% | $16.0B+8.2% | $14.8B |
| Cost of Revenue | $29.6B+3.6% | $28.6B+6.0% | $27.0B+3.6% | $26.0B+11.2% | $23.4B+1.6% | $23.0B+19.5% | $19.3B+8.1% | $17.8B+9.7% | $16.2B+6.9% | $15.2B+8.1% | $14.1B+7.3% | $13.1B+8.6% | $12.1B+10.3% | $10.9B+8.2% | $10.1B |
| Gross Profit | $13.1B+9.0% | $12.0B+2.5% | $11.7B-0.9% | $11.8B+9.3% | $10.8B+0.9% | $10.7B+26.3% | $8.5B+8.8% | $7.8B+8.1% | $7.2B+6.5% | $6.8B+7.6% | $6.3B+8.7% | $5.8B+6.7% | $5.4B+6.9% | $5.1B+8.2% | $4.7B |
| SG&A Expenses | $10.9B+5.8% | $10.3B+11.1% | $9.3B+9.2% | $8.5B+11.8% | $7.6B+6.0% | $7.2B+15.8% | $6.2B+8.8% | $5.7B+9.1% | $5.2B+10.5% | $4.7B+8.1% | $4.4B+8.2% | $4.0B+9.0% | $3.7B+7.9% | $3.4B+7.0% | $3.2B |
| Operating Income | $2.2B+28.6% | $1.7B-29.9% | $2.4B-26.5% | $3.3B+3.3% | $3.2B-9.4% | $3.6B+54.4% | $2.3B+8.8% | $2.1B+5.4% | $2.0B-2.7% | $2.1B+6.3% | $1.9B+9.7% | $1.8B+1.9% | $1.7B+4.9% | $1.7B+11.0% | $1.5B |
| Interest Expense | N/A | N/A | $326.8M+54.7% | $211.3M+34.1% | $157.5M+4.7% | $150.4M+49.5% | $100.6M+0.7% | $99.9M+2.9% | $97.0M-0.8% | $97.8M+12.5% | $86.9M-1.5% | $88.2M-0.8% | $89.0M-30.4% | $127.9M-37.6% | $204.9M |
| Income Tax | $452.3M+43.8% | $314.5M-31.4% | $458.2M-34.6% | $700.6M+5.5% | $663.9M-11.4% | $749.3M+53.2% | $489.2M+14.8% | $425.9M+15.6% | $368.3M-48.5% | $714.5M+3.9% | $687.9M+11.8% | $615.5M+2.0% | $603.2M+10.7% | $544.7M+18.8% | $458.6M |
| Net Income | $1.5B+34.4% | $1.1B-32.3% | $1.7B-31.2% | $2.4B+0.7% | $2.4B-9.6% | $2.7B+55.0% | $1.7B+7.7% | $1.6B+3.3% | $1.5B+23.0% | $1.3B+7.4% | $1.2B+9.4% | $1.1B+3.9% | $1.0B+7.6% | $952.7M+24.3% | $766.7M |
| EPS (Diluted) | $6.85+34.1% | $5.11-32.3% | $7.55-29.3% | $10.68+5.0% | $10.17-4.2% | $10.62+59.9% | $6.64+11.2% | $5.97+6.0% | $5.63+27.1% | $4.43+12.2% | $3.95+13.2% | $3.49+10.1% | $3.17+11.2% | $2.85+28.4% | $2.22 |
Not reported in any period shown, so not listed: R&D Expenses.
DG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.0B-0.5% | $31.1B+1.1% | $30.8B+5.9% | $29.1B+10.5% | $26.3B+1.8% | $25.9B+13.3% | $22.8B+72.9% | $13.2B+5.5% | $12.5B+7.2% | $11.7B+3.7% | $11.3B+0.4% | $11.2B+3.1% | $10.9B+4.8% | $10.4B+7.0% | $9.7B |
| Current Assets | $7.9B-3.3% | $8.2B+1.9% | $8.0B+5.7% | $7.6B+20.3% | $6.3B-8.8% | $6.9B+33.5% | $5.2B+11.0% | $4.7B+9.8% | $4.2B+15.5% | $3.7B+7.1% | $3.4B-2.8% | $3.5B+10.2% | $3.2B+19.7% | $2.7B+17.7% | $2.3B |
| Cash & Equivalents | $1.1B+22.1% | $932.6M+73.6% | $537.3M+40.8% | $381.6M+10.7% | $344.8M-75.0% | $1.4B+472.8% | $240.3M+2.1% | $235.5M-11.9% | $267.4M+42.3% | $187.9M+19.0% | $157.9M-72.8% | $579.8M+14.7% | $505.6M+259.0% | $140.8M+11.6% | $126.1M |
| Inventory | $6.3B-5.7% | $6.7B-4.0% | $7.0B+3.5% | $6.8B+20.4% | $5.6B+7.0% | $5.2B+12.2% | $4.7B+14.2% | $4.1B+13.5% | $3.6B+10.7% | $3.3B+6.0% | $3.1B+10.5% | $2.8B+9.0% | $2.6B+6.5% | $2.4B+19.3% | $2.0B |
| Goodwill | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B0.0% | $4.3B |
| Total Liabilities | $22.5B-5.3% | $23.7B-1.4% | $24.0B+2.1% | $23.5B+17.3% | $20.1B+4.5% | $19.2B+19.1% | $16.1B+137.6% | $6.8B+6.2% | $6.4B+2.0% | $6.3B+6.6% | $5.9B+6.9% | $5.5B+0.6% | $5.5B+1.5% | $5.4B+7.3% | $5.0B |
| Current Liabilities | $7.0B+1.3% | $6.9B+2.1% | $6.7B+14.2% | $5.9B-1.5% | $6.0B+4.7% | $5.7B+25.7% | $4.5B+50.6% | $3.0B+1.7% | $3.0B+13.0% | $2.6B+31.4% | $2.0B+1.7% | $2.0B+8.3% | $1.8B+4.2% | $1.7B+15.1% | $1.5B |
| Long-Term Debt | $4.6B-20.2% | $5.7B-8.2% | $6.2B-11.1% | $7.0B+68.0% | $4.2B+1.0% | $4.1B+41.9% | $2.9B+1.7% | $2.9B+9.9% | $2.6B-3.9% | $2.7B-8.7% | $3.0B+13.2% | $2.6B-4.3% | $2.7B-1.0% | $2.8B+5.9% | $2.6B |
| Total Equity | $8.5B+14.8% | $7.4B+9.8% | $6.7B+21.8% | $5.5B-11.5% | $6.3B-6.0% | $6.7B-0.6% | $6.7B+4.4% | $6.4B+4.8% | $6.1B+13.3% | $5.4B+0.5% | $5.4B-5.8% | $5.7B+5.7% | $5.4B+8.4% | $5.0B+6.6% | $4.7B |
| Retained Earnings | $4.4B+29.2% | $3.4B+21.7% | $2.8B+69.0% | $1.7B-33.1% | $2.5B-17.7% | $3.0B-5.0% | $3.2B+7.5% | $2.9B+9.0% | $2.7B+33.9% | $2.0B-0.5% | $2.0B-15.7% | $2.4B+13.1% | $2.1B+24.2% | $1.7B+20.7% | $1.4B |
Not reported in any period shown, so not listed: Accounts Receivable.
DG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.6B+21.3% | $3.0B+25.3% | $2.4B+20.5% | $2.0B-30.8% | $2.9B-26.1% | $3.9B+73.2% | $2.2B+4.4% | $2.1B+18.9% | $1.8B+12.3% | $1.6B+15.3% | $1.4B+4.9% | $1.3B+9.4% | $1.2B+7.2% | $1.1B+7.7% | $1.1B |
| Capital Expenditures | $1.2B-5.2% | $1.3B-23.0% | $1.7B+8.9% | $1.6B+45.8% | $1.1B+4.1% | $1.0B+31.0% | $784.8M+6.9% | $734.4M+13.6% | $646.5M+15.4% | $560.3M+11.0% | $504.8M+35.0% | $374.0M-30.5% | $538.4M-5.8% | $571.6M+11.0% | $514.9M |
| Free Cash Flow | $2.4B+41.9% | $1.7B+143.8% | $691.6M+63.1% | $424.0M-76.4% | $1.8B-37.0% | $2.8B+96.0% | $1.5B+3.1% | $1.4B+21.9% | $1.2B+10.6% | $1.0B+17.8% | $886.9M-6.9% | $952.9M+41.3% | $674.6M+20.5% | $559.8M+4.5% | $535.6M |
| Investing Cash Flow | -$1.2B+5.3% | -$1.3B+22.9% | -$1.7B-8.9% | -$1.6B-46.0% | -$1.1B-4.0% | -$1.0B-31.0% | -$782.5M-7.0% | -$731.6M-13.4% | -$645.0M-17.1% | -$550.9M-9.4% | -$503.4M | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$2.2B-69.3% | -$1.3B-138.8% | -$542.1M-38.1% | -$392.5M+86.1% | -$2.8B-65.1% | -$1.7B-18.2% | -$1.5B-0.5% | -$1.4B-34.0% | -$1.1B-5.2% | -$1.0B+21.8% | -$1.3B | N/A | N/A | N/A | N/A |
| Dividends Paid | $519.5M+0.1% | $519.0M+0.2% | $518.0M+4.9% | $493.7M+25.9% | $392.2M+10.2% | $355.9M+8.7% | $327.6M+6.9% | $306.5M+8.3% | $282.9M+0.6% | $281.1M+8.8% | $258.3M | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | $2.7B+7.8% | $2.5B+3.4% | $2.5B+105.5% | $1.2B+19.1% | $1.0B+73.8% | $579.7M-41.5% | $990.5M-23.8% | $1.3B+62.4% | $800.1M+29.0% | $620.1M-7.7% | $671.5M+259.8% | $186.6M |
DG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.7%+1.1pp | 29.6%-0.7pp | 30.3%-0.9pp | 31.2%-0.4pp | 31.6%-0.2pp | 31.8%+1.2pp | 30.6%+0.1pp | 30.4%-0.3pp | 30.8%-0.1pp | 30.9%-0.1pp | 31.0%+0.3pp | 30.7%-0.4pp | 31.1%-0.7pp | 31.7%0.0pp | 31.7% |
| Operating Margin | 5.2%+0.9pp | 4.2%-2.1pp | 6.3%-2.5pp | 8.8%-0.6pp | 9.4%-1.1pp | 10.5%+2.2pp | 8.3%0.0pp | 8.3%-0.3pp | 8.6%-0.8pp | 9.4%-0.1pp | 9.5%+0.2pp | 9.4%-0.6pp | 9.9%-0.4pp | 10.3%+0.3pp | 10.1% |
| Net Margin | 3.5%+0.8pp | 2.8%-1.5pp | 4.3%-2.1pp | 6.4%-0.6pp | 7.0%-0.9pp | 7.9%+1.7pp | 6.2%0.0pp | 6.2%-0.4pp | 6.6%+0.9pp | 5.7%0.0pp | 5.7%+0.1pp | 5.6%-0.2pp | 5.9%-0.1pp | 5.9%+0.8pp | 5.2% |
| Return on Equity | 17.8%+2.6pp | 15.2%-9.4pp | 24.6%-19.0pp | 43.6%+5.3pp | 38.3%-1.6pp | 39.9%+14.3pp | 25.6%+0.8pp | 24.8%-0.3pp | 25.1%+2.0pp | 23.1%+1.5pp | 21.7%+3.0pp | 18.7%-0.3pp | 19.0%-0.1pp | 19.1%+2.7pp | 16.4% |
| Return on Assets | 4.9%+1.3pp | 3.6%-1.8pp | 5.4%-2.9pp | 8.3%-0.8pp | 9.1%-1.2pp | 10.3%+2.8pp | 7.5%-4.5pp | 12.0%-0.3pp | 12.3%+1.6pp | 10.7%+0.4pp | 10.3%+0.8pp | 9.5%+0.1pp | 9.4%+0.2pp | 9.2%+1.3pp | 7.9% |
| Current Ratio | 1.13-0.1x | 1.190.0x | 1.19-0.1x | 1.29+0.2x | 1.05-0.2x | 1.21+0.1x | 1.14-0.4x | 1.55+0.1x | 1.430.0x | 1.40-0.3x | 1.72-0.1x | 1.800.0x | 1.77+0.2x | 1.540.0x | 1.51 |
| Debt-to-Equity | 0.54-0.2x | 0.77-0.2x | 0.92-0.3x | 1.26+0.6x | 0.670.0x | 0.62+0.2x | 0.430.0x | 0.450.0x | 0.43-0.1x | 0.50-0.1x | 0.55+0.1x | 0.460.0x | 0.510.0x | 0.560.0x | 0.56 |
| FCF Margin | 5.6%+1.4pp | 4.2%+2.4pp | 1.8%+0.7pp | 1.1%-4.1pp | 5.3%-3.2pp | 8.4%+3.2pp | 5.2%-0.3pp | 5.5%+0.6pp | 4.9%+0.2pp | 4.8%+0.4pp | 4.3%-0.7pp | 5.0%+1.2pp | 3.9%+0.4pp | 3.5%-0.1pp | 3.6% |
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Where Dollar General Ranks
Frequently Asked Questions
What is Dollar General's annual revenue?
Dollar General (DG) reported $42.7B in total revenue for fiscal year 2025. This represents a 5.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Dollar General's revenue growing?
Dollar General (DG) revenue grew by 5.2% year-over-year, from $40.6B to $42.7B in fiscal year 2025.
Is Dollar General profitable?
Yes, Dollar General (DG) reported a net income of $1.5B in fiscal year 2025, with a net profit margin of 3.5%.
What is Dollar General's EBITDA?
Dollar General (DG) had EBITDA of $3.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Dollar General have?
As of fiscal year 2025, Dollar General (DG) had $1.1B in cash and equivalents against $4.6B in long-term debt.
What is Dollar General's gross margin?
Dollar General (DG) had a gross margin of 30.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dollar General's operating margin?
Dollar General (DG) had an operating margin of 5.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Dollar General's net profit margin?
Dollar General (DG) had a net profit margin of 3.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Dollar General pay dividends?
Yes, Dollar General (DG) paid $2.36 per share in dividends during fiscal year 2025.
What is Dollar General's return on equity (ROE)?
Dollar General (DG) has a return on equity of 17.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Dollar General's free cash flow?
Dollar General (DG) generated $2.4B in free cash flow during fiscal year 2025. This represents a 41.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Dollar General's operating cash flow?
Dollar General (DG) generated $3.6B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Dollar General's total assets?
Dollar General (DG) had $31.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Dollar General's capital expenditures?
Dollar General (DG) invested $1.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Dollar General's current ratio?
Dollar General (DG) had a current ratio of 1.13 as of fiscal year 2025, which is considered adequate.
What is Dollar General's debt-to-equity ratio?
Dollar General (DG) had a debt-to-equity ratio of 0.54 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dollar General's return on assets (ROA)?
Dollar General (DG) had a return on assets of 4.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Dollar General's Altman Z-Score?
Dollar General (DG) has an Altman Z-Score of 2.58, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Dollar General's Piotroski F-Score?
Dollar General (DG) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dollar General's earnings high quality?
Dollar General (DG) has an earnings quality ratio of 2.40x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Dollar General?
Dollar General (DG) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.