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Arphra AIPlain-English read on Domino's Pizza, Inc.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Headline | |||||||||
| Market cap | — | — | — | — | — | — | — | — | — |
| Enterprise value | — | — | — | — | — | — | — | — | — |
| Multiples | |||||||||
| P / E | — | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — |
| Yields | |||||||||
| Earnings yield | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | — | — | — | — | — | — | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Margins | |||||||||
| Gross margin | +38.74% | +36.34% | +38.56% | +39.28% | +39.95% | +39.74% | +38.95% | +38.59% | +38.89% |
| Operating margin | +17.91% | +16.93% | +18.30% | +18.68% | +19.31% | +18.47% | +18.41% | +18.63% | +19.01% |
| EBITDA margin | +20.44% | +18.76% | +20.75% | +21.37% | +21.46% | +20.75% | +21.39% | +21.08% | +21.42% |
| EBIT margin | +18.76% | +16.99% | +18.95% | +19.51% | +19.56% | +19.53% | +19.55% | +18.81% | +19.55% |
| Pre-tax margin | +14.36% | +12.63% | +14.57% | +15.35% | +15.59% | +15.16% | +15.04% | +15.38% | +15.07% |
| Net margin | +11.72% | +9.97% | +11.59% | +12.41% | +12.18% | +11.74% | +11.70% | +11.71% | +12.33% |
| Cost structure | |||||||||
| Cost of revenue / sales | +61.26% | +63.66% | +61.44% | +60.72% | +60.05% | +59.65% | +59.49% | +61.80% | +62.34% |
| R&D intensity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| SG&A intensity | +20.83% | +19.88% | +20.27% | +20.60% | +20.72% | +20.34% | +20.97% | +20.64% | +20.51% |
| Effective tax rate | +18.42% | +21.05% | +20.43% | +19.11% | +21.89% | +20.33% | +20.04% | +20.37% | +20.82% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| Return on equity (ROE) | -12.13% | -10.80% | -12.75% | -14.74% | -15.42% | -14.13% | -14.08% | -13.96% | -14.41% |
| Return on assets (ROA) | +30.53% | +28.23% | +30.99% | +33.63% | +33.40% | +31.51% | +31.75% | +30.83% | +34.22% |
| Return on capital (ROC) | +72.11% | +72.22% | +71.95% | +71.18% | +71.67% | +59.61% | +71.12% | +74.68% | +75.57% |
| Return on invested capital (ROIC) | +47.16% | +42.53% | +45.58% | +47.30% | +45.20% | +37.89% | +45.20% | +46.93% | +49.02% |
| Asset turnover | +260.64% | +283.18% | +267.44% | +270.95% | +274.23% | +268.35% | +271.30% | +263.30% | +277.42% |
| DuPont · ROE decomposition | |||||||||
| Net margin | +11.72% | +9.97% | +11.59% | +12.41% | +12.18% | +11.74% | +11.70% | +11.71% | +12.33% |
| Asset turnover (× revenue / assets) | +260.64% | +283.18% | +267.44% | +270.95% | +274.23% | +268.35% | +271.30% | +263.30% | +277.42% |
| Equity multiplier (× assets / equity) | -39.71% | -38.25% | -41.15% | -43.84% | -46.18% | -44.85% | -44.34% | -45.27% | -42.13% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Asset turnover | 2.61 | 2.83 | 2.67 | 2.71 | 2.74 | 2.68 | 2.71 | 2.63 | 2.77 |
| Fixed-asset turnover | 8.15 | 8.70 | 8.75 | 9.20 | 9.09 | — | — | — | — |
| Inventory turnover | 39.06 | 35.41 | 33.17 | 40.30 | 37.46 | — | — | — | — |
| Receivables turnover | 17.07 | 17.62 | 15.84 | 15.23 | 14.77 | — | — | — | — |
| Payables turnover | 29.16 | 32.20 | 25.90 | 33.27 | 21.97 | — | — | — | — |
| Days outstanding | |||||||||
| Days sales outstanding (DSO) | 21.39 | 20.71 | 23.04 | 23.97 | 24.70 | — | — | — | — |
| Days inventory outstanding (DIO) | 9.34 | 10.31 | 11.00 | 9.06 | 9.74 | — | — | — | — |
| Days payables outstanding (DPO) | 12.52 | 11.34 | 14.09 | 10.97 | 16.61 | — | — | — | — |
| Cash conversion cycle | 18.21 | 19.69 | 19.95 | 22.06 | 17.83 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 1.28 | 1.05 | 1.14 | 1.07 | 1.32 | 1.24 | 1.18 | 1.22 | 1.17 |
| FCF / Net income | 1.10 | 0.86 | 0.94 | 0.88 | 1.12 | 0.99 | 1.02 | 0.98 | 0.96 |
| FCF margin | +12.85% | +8.55% | +10.84% | +10.88% | +13.59% | +11.60% | +11.93% | +11.45% | +11.81% |
| OCF margin | +15.01% | +10.48% | +13.19% | +13.28% | +16.03% | +14.53% | +13.76% | +14.33% | +14.42% |
| CapEx / Revenue | +2.16% | +1.92% | +2.35% | +2.40% | +2.44% | +2.46% | +2.38% | +2.41% | +2.46% |
| CapEx / D&A | 1.29 | 1.09 | 1.31 | 1.29 | 1.36 | — | — | — | — |
| Stock-based comp / Revenue | +0.66% | +0.63% | +0.84% | +0.92% | +0.90% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 13.54 | 12.53 | 14.66 | 16.76 | 17.57 | 19.22 | 20.95 | 22.77 | 24.24 |
| EPS · basic | 13.72 | 12.66 | 14.80 | 16.82 | 17.69 | 19.42 | 21.23 | 23.24 | 24.76 |
| Book value / share | -111.68 | -116.06 | -114.98 | -113.70 | -113.94 | -127.83 | -130.52 | -138.01 | -143.78 |
| Tangible BV / share | -114.62 | -119.39 | -119.10 | -118.48 | -118.91 | -127.83 | -130.52 | -138.01 | -143.78 |
| Sales / share | 115.61 | 125.70 | 126.53 | 135.06 | 144.29 | 153.85 | 157.02 | 164.49 | 168.04 |
| Operating CF / share | 17.36 | 13.17 | 16.69 | 17.93 | 23.13 | 22.36 | 21.61 | 23.57 | 24.24 |
| Free cash flow / share | 14.86 | 10.75 | 13.71 | 14.69 | 19.61 | 17.84 | 18.74 | 18.83 | 19.84 |
| Dividends / share | 3.70 | 4.36 | 4.80 | 6.02 | 6.92 | 6.56 | 6.95 | 7.26 | 7.33 |
| Payout ratio | +27.31% | +34.83% | +32.70% | +35.94% | +39.37% | +36.29% | +37.84% | +37.71% | +35.38% |
| Retention ratio | +72.69% | +65.17% | +67.30% | +64.06% | +60.63% | +63.71% | +62.16% | +62.29% | +64.62% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E | 8y CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Top-line | ||||||||||
| Revenue · YoY | — | +4.13% | -1.27% | +5.07% | +4.96% | +5.65% | +3.37% | +4.24% | +2.18% | +3.52% |
| Gross profit · YoY | — | -2.35% | +4.78% | +7.01% | +6.77% | +5.08% | +1.31% | +3.28% | +2.97% | +3.57% |
| Profit | ||||||||||
| Operating income · YoY | — | -1.60% | +6.72% | +7.26% | +8.53% | +1.07% | +3.03% | +5.48% | +4.26% | +4.30% |
| EBITDA · YoY | — | -4.39% | +9.19% | +8.20% | +5.38% | +2.19% | +6.55% | +2.71% | +3.84% | +4.13% |
| Net income · YoY | — | -11.40% | +14.78% | +12.53% | +3.00% | +1.86% | +3.01% | +4.31% | +7.61% | +4.19% |
| Operating | ||||||||||
| EBIT · YoY | — | -5.68% | +10.09% | +8.15% | +5.25% | +5.48% | +3.50% | +0.29% | +6.19% | +4.05% |
| R&D · YoY | — | — | — | — | — | — | — | — | — | — |
| Per-share | ||||||||||
| EPS · diluted · YoY | — | -7.46% | +17.00% | +14.32% | +4.83% | +9.37% | +9.05% | +8.67% | +6.47% | +7.55% |
| EPS · basic · YoY | — | -7.73% | +16.90% | +13.65% | +5.17% | +9.78% | +9.32% | +9.48% | +6.55% | +7.66% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2022 | FY 2023 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Leverage | |||||||||
| Total debt | $5.29B | $5.25B | $5.21B | $5.2B | $5.23B | $5.95B | $5.88B | $6.12B | $6.36B |
| Net debt | $5.14B | $5.19B | $5.1B | $5.01B | $4.8B | $5.69B | $5.61B | $5.83B | $6.08B |
| Net debt / EBITDA | 5.78 | 6.10 | 5.48 | 4.98 | 4.53 | 5.25 | 4.86 | 4.92 | 4.94 |
| Debt / equity | -1.26 | -1.25 | -1.28 | -1.31 | -1.34 | -1.37 | -1.31 | -1.30 | -1.29 |
| Debt / assets | +316.53% | +327.82% | +311.02% | +299.21% | +290.45% | +306.13% | +295.75% | +286.60% | +307.17% |
| Equity / assets | -251.79% | -261.45% | -243.02% | -228.11% | -216.56% | -222.96% | -225.51% | -220.90% | -237.37% |
| Coverage | |||||||||
| EBITDA / interest expense | 4.65 | 4.29 | 4.73 | 5.14 | 5.41 | 4.90 | 5.16 | 5.11 | 5.01 |
| Operating income / interest | 4.08 | 3.87 | 4.17 | 4.49 | 4.87 | 4.37 | 4.44 | 4.52 | 4.44 |
| Interest expense | $191.46M | $198.25M | $196.48M | $195.87M | $195.97M | $220.86M | $223.76M | $231.91M | $245.8M |
| Liquidity | |||||||||
| Current ratio | 1.46 | 1.47 | 1.49 | 0.56 | 1.65 | — | — | — | — |
| Quick ratio | 0.68 | 0.59 | 0.73 | 0.31 | 1.42 | — | — | — | — |
| Cash ratio | 0.25 | 0.11 | 0.21 | 0.12 | 0.80 | — | — | — | — |
| Working capital | $269.8M | $254.03M | $269.94M | -$707.18M | $352.58M | — | — | — | — |
| Working capital / revenue | +6.19% | +5.60% | +6.03% | -15.03% | +7.14% | — | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).