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Side-by-side financial comparison of Dollar General (DG) and Medtronic (MDT). Click either name above to swap in a different company.

Dollar General is the larger business by last-quarter revenue ($10.6B vs $9.0B, roughly 1.2× Medtronic). Medtronic runs the higher net margin — 15.3% vs 2.7%, a 12.7% gap on every dollar of revenue. On growth, Medtronic posted the faster year-over-year revenue change (6.6% vs 4.6%). Dollar General produced more free cash flow last quarter ($690.4M vs $457.0M). Over the past eight quarters, Medtronic's revenue compounded faster (5.3% CAGR vs 4.3%).

Dollar General Corporation is an American chain of discount stores headquartered in Goodlettsville, Tennessee. As of January 8, 2024, Dollar General operated 20,388 stores in the contiguous United States and Mexico.

Medtronic plc is an Irish medical device company. The company's legal and executive headquarters are in Ireland, while its operational headquarters are in Minneapolis, Minnesota. Medtronic rebased to Ireland following its acquisition of Irish-based Covidien in 2015. While it primarily operates in the United States, it operates in more than 150 countries and employs over 90,000 people. It develops and manufactures healthcare technologies and therapies.

DG vs MDT — Head-to-Head

Bigger by revenue
DG
DG
1.2× larger
DG
$10.6B
$9.0B
MDT
Growing faster (revenue YoY)
MDT
MDT
+2.1% gap
MDT
6.6%
4.6%
DG
Higher net margin
MDT
MDT
12.7% more per $
MDT
15.3%
2.7%
DG
More free cash flow
DG
DG
$233.4M more FCF
DG
$690.4M
$457.0M
MDT
Faster 2-yr revenue CAGR
MDT
MDT
Annualised
MDT
5.3%
4.3%
DG

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
DG
DG
MDT
MDT
Revenue
$10.6B
$9.0B
Net Profit
$282.7M
$1.4B
Gross Margin
29.9%
65.8%
Operating Margin
4.0%
18.8%
Net Margin
2.7%
15.3%
Revenue YoY
4.6%
6.6%
Net Profit YoY
43.8%
8.2%
EPS (diluted)
$1.28
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DG
DG
MDT
MDT
Q4 25
$10.6B
$9.0B
Q3 25
$8.6B
Q2 25
$10.4B
$8.9B
Q1 25
$8.3B
Q4 24
$10.2B
$8.4B
Q3 24
$10.2B
$7.9B
Q2 24
$9.9B
$8.6B
Q1 24
$9.9B
$8.1B
Net Profit
DG
DG
MDT
MDT
Q4 25
$282.7M
$1.4B
Q3 25
$1.0B
Q2 25
$391.9M
$1.1B
Q1 25
$1.3B
Q4 24
$196.5M
$1.3B
Q3 24
$374.2M
$1.0B
Q2 24
$363.3M
$654.0M
Q1 24
$401.8M
$1.3B
Gross Margin
DG
DG
MDT
MDT
Q4 25
29.9%
65.8%
Q3 25
65.0%
Q2 25
31.0%
64.8%
Q1 25
66.5%
Q4 24
28.8%
64.9%
Q3 24
30.0%
65.1%
Q2 24
30.2%
64.5%
Q1 24
29.5%
65.6%
Operating Margin
DG
DG
MDT
MDT
Q4 25
4.0%
18.8%
Q3 25
16.8%
Q2 25
5.5%
16.1%
Q1 25
19.9%
Q4 24
3.2%
19.0%
Q3 24
5.4%
16.1%
Q2 24
5.5%
12.3%
Q1 24
5.9%
18.3%
Net Margin
DG
DG
MDT
MDT
Q4 25
2.7%
15.3%
Q3 25
12.1%
Q2 25
3.8%
11.8%
Q1 25
15.6%
Q4 24
1.9%
15.1%
Q3 24
3.7%
13.2%
Q2 24
3.7%
7.6%
Q1 24
4.1%
16.3%
EPS (diluted)
DG
DG
MDT
MDT
Q4 25
$1.28
$1.07
Q3 25
$0.81
Q2 25
$1.78
$0.81
Q1 25
$1.01
Q4 24
$0.89
$0.99
Q3 24
$1.70
$0.80
Q2 24
$1.65
$0.50
Q1 24
$1.82
$0.99

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DG
DG
MDT
MDT
Cash + ST InvestmentsLiquidity on hand
$1.2B
$8.3B
Total DebtLower is stronger
$5.1B
$27.7B
Stockholders' EquityBook value
$8.2B
$48.7B
Total Assets
$31.7B
$91.3B
Debt / EquityLower = less leverage
0.63×
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DG
DG
MDT
MDT
Q4 25
$1.2B
$8.3B
Q3 25
$8.1B
Q2 25
$850.0M
$9.0B
Q1 25
$7.9B
Q4 24
$537.3M
$8.0B
Q3 24
$1.2B
$7.8B
Q2 24
$720.7M
$8.0B
Q1 24
$537.3M
$8.3B
Total Debt
DG
DG
MDT
MDT
Q4 25
$5.1B
$27.7B
Q3 25
$26.2B
Q2 25
$5.7B
$25.6B
Q1 25
$24.0B
Q4 24
$5.7B
$24.6B
Q3 24
$6.2B
$26.3B
Q2 24
$6.2B
$23.9B
Q1 24
$6.2B
$24.2B
Stockholders' Equity
DG
DG
MDT
MDT
Q4 25
$8.2B
$48.7B
Q3 25
$47.9B
Q2 25
$7.7B
$48.0B
Q1 25
$49.4B
Q4 24
$7.3B
$48.5B
Q3 24
$7.3B
$47.9B
Q2 24
$7.0B
$50.2B
Q1 24
$6.7B
$51.8B
Total Assets
DG
DG
MDT
MDT
Q4 25
$31.7B
$91.3B
Q3 25
$91.0B
Q2 25
$31.0B
$91.7B
Q1 25
$90.0B
Q4 24
$31.5B
$90.0B
Q3 24
$31.8B
$89.7B
Q2 24
$31.0B
$90.0B
Q1 24
$30.8B
$90.8B
Debt / Equity
DG
DG
MDT
MDT
Q4 25
0.63×
0.57×
Q3 25
0.55×
Q2 25
0.74×
0.53×
Q1 25
0.49×
Q4 24
0.78×
0.51×
Q3 24
0.86×
0.55×
Q2 24
0.89×
0.48×
Q1 24
0.92×
0.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DG
DG
MDT
MDT
Operating Cash FlowLast quarter
$1.0B
$925.0M
Free Cash FlowOCF − Capex
$690.4M
$457.0M
FCF MarginFCF / Revenue
6.5%
5.1%
Capex IntensityCapex / Revenue
2.9%
5.2%
Cash ConversionOCF / Net Profit
3.55×
0.67×
TTM Free Cash FlowTrailing 4 quarters
$2.1B
$5.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DG
DG
MDT
MDT
Q4 25
$1.0B
$925.0M
Q3 25
$1.1B
Q2 25
$847.2M
$2.5B
Q1 25
$2.6B
Q4 24
$542.4M
$958.0M
Q3 24
$988.9M
$986.0M
Q2 24
$663.8M
$2.8B
Q1 24
$949.8M
$2.5B
Free Cash Flow
DG
DG
MDT
MDT
Q4 25
$690.4M
$457.0M
Q3 25
$584.0M
Q2 25
$556.2M
$2.1B
Q1 25
$2.1B
Q4 24
$201.0M
$554.0M
Q3 24
$635.2M
$466.0M
Q2 24
$321.8M
$2.4B
Q1 24
$490.1M
$2.1B
FCF Margin
DG
DG
MDT
MDT
Q4 25
6.5%
5.1%
Q3 25
6.8%
Q2 25
5.3%
23.2%
Q1 25
25.3%
Q4 24
2.0%
6.6%
Q3 24
6.2%
5.9%
Q2 24
3.2%
27.4%
Q1 24
5.0%
26.3%
Capex Intensity
DG
DG
MDT
MDT
Q4 25
2.9%
5.2%
Q3 25
5.9%
Q2 25
2.8%
5.1%
Q1 25
5.7%
Q4 24
3.4%
4.8%
Q3 24
3.5%
6.6%
Q2 24
3.4%
5.0%
Q1 24
4.7%
4.3%
Cash Conversion
DG
DG
MDT
MDT
Q4 25
3.55×
0.67×
Q3 25
1.05×
Q2 25
2.16×
2.39×
Q1 25
1.99×
Q4 24
2.76×
0.75×
Q3 24
2.64×
0.95×
Q2 24
1.83×
4.25×
Q1 24
2.36×
1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DG
DG

Consumables$8.8B83%
Seasonal$992.2M9%
Home Products$550.7M5%
Apparel$281.9M3%

MDT
MDT

Cardiac Rhythm And Heart Failure Division$1.8B20%
Surgical Endoscopy$1.7B19%
Other$1.3B14%
Structural Heart And Aortic Division$956.0M11%
Diabetes Group$757.0M8%
Specialty Therapies Division$744.0M8%
Coronary And Peripheral Vascular Division$655.0M7%
Neuromodulation Division$520.0M6%
Acute Care Monitoring$493.0M6%
IE$35.0M0%

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