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Domino's Pizza

NYSE:DPZ
Snowflake Description

Proven track record with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DPZ
NYSE
$10B
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza delivery company in the United States and internationally. The last earnings update was 2 days ago. More info.


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DPZ Share Price and Events
7 Day Returns
-9%
NYSE:DPZ
0.6%
US Hospitality
-0.3%
US Market
1 Year Returns
-8.7%
NYSE:DPZ
-5.1%
US Hospitality
3.4%
US Market
DPZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Domino's Pizza (DPZ) -9% -10.5% -5.6% -8.7% 74.7% 238.7%
US Hospitality 0.6% 1.9% -1.6% -5.1% 44% 23.4%
US Market -0.3% 2.9% 2.1% 3.4% 36.2% 41.3%
1 Year Return vs Industry and Market
  • DPZ underperformed the Hospitality industry which returned -5.1% over the past year.
  • DPZ underperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
DPZ
Industry
5yr Volatility vs Market
Related Companies

DPZ Value

 Is Domino's Pizza undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Domino's Pizza to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Domino's Pizza.

NYSE:DPZ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 20 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:DPZ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.923 (1 + (1- 21%) (35.22%))
1.121
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.121 * 5.96%)
9.41%

Discounted Cash Flow Calculation for NYSE:DPZ using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Domino's Pizza is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:DPZ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.41%)
2020 424.38 Analyst x6 387.88
2021 454.90 Analyst x2 380.02
2022 505.00 Analyst x2 385.59
2023 550.00 Analyst x1 383.83
2024 587.37 Est @ 6.79% 374.66
2025 620.12 Est @ 5.58% 361.52
2026 649.40 Est @ 4.72% 346.03
2027 676.18 Est @ 4.12% 329.32
2028 701.24 Est @ 3.71% 312.15
2029 725.17 Est @ 3.41% 295.04
Present value of next 10 years cash flows $3,556.04
NYSE:DPZ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $725.17 × (1 + 2.73%) ÷ (9.41% – 2.73%)
$11,152.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $11,152.67 ÷ (1 + 9.41%)10
$4,537.53
NYSE:DPZ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,556.04 + $4,537.53
$8,093.57
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $8,093.57 / 41.23
$196.29
NYSE:DPZ Discount to Share Price
Calculation Result
Value per share (USD) From above. $196.29
Current discount Discount to share price of $252.68
= -1 x ($252.68 - $196.29) / $196.29
-28.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Domino's Pizza is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Domino's Pizza's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Domino's Pizza's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:DPZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-16) in USD $9.26
NYSE:DPZ Share Price ** NYSE (2019-07-18) in USD $252.68
United States of America Hospitality Industry PE Ratio Median Figure of 74 Publicly-Listed Hospitality Companies 22.45x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Domino's Pizza.

NYSE:DPZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DPZ Share Price ÷ EPS (both in USD)

= 252.68 ÷ 9.26

27.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Domino's Pizza is overvalued based on earnings compared to the US Hospitality industry average.
  • Domino's Pizza is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Domino's Pizza's expected growth come at a high price?
Raw Data
NYSE:DPZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts
10.5%per year
United States of America Hospitality Industry PEG Ratio Median Figure of 56 Publicly-Listed Hospitality Companies 1.85x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

NYSE:DPZ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 27.28x ÷ 10.5%

2.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Domino's Pizza is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Domino's Pizza's assets?
Raw Data
NYSE:DPZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-16) in USD $-70.44
NYSE:DPZ Share Price * NYSE (2019-07-18) in USD $252.68
United States of America Hospitality Industry PB Ratio Median Figure of 112 Publicly-Listed Hospitality Companies 2.17x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.8x
NYSE:DPZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DPZ Share Price ÷ Book Value per Share (both in USD)

= 252.68 ÷ -70.44

-3.59x

* Primary Listing of Domino's Pizza.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Domino's Pizza has negative assets, we can't compare the value of its assets to the US Hospitality industry average.
X
Value checks
We assess Domino's Pizza's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Domino's Pizza has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DPZ Future Performance

 How is Domino's Pizza expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Domino's Pizza expected to grow at an attractive rate?
  • Domino's Pizza's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Domino's Pizza's earnings growth is positive but not above the United States of America market average.
  • Domino's Pizza's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:DPZ Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:DPZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts 10.5%
NYSE:DPZ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 20 Analysts 8.9%
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 16.6%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:DPZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:DPZ Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 5,209 615 2
2022-12-31 4,777 628 547 3
2021-12-31 4,327 563 499 7
2020-12-31 3,961 507 445 20
2019-12-31 3,626 457 401 19
NYSE:DPZ Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-16 3,516 441 381
2019-03-24 3,483 407 366
2018-12-30 3,433 394 362
2018-09-09 3,242 373 344
2018-06-17 3,100 383 316
2018-03-25 2,949 348 304
2017-12-31 2,788 341 278
2017-09-10 2,716 353 257
2017-06-18 2,639 331 248
2017-03-26 2,558 347 232
2017-01-01 2,473 292 215
2016-09-11 2,394 287 205
2016-06-19 2,312 258 195

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Domino's Pizza's earnings are expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
  • Domino's Pizza's revenue is expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:DPZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below

All data from Domino's Pizza Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DPZ Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 16.58 17.36 15.79 2.00
2022-12-31 14.20 14.49 13.71 3.00
2021-12-31 12.67 13.59 12.06 5.00
2020-12-31 10.89 11.90 10.34 17.00
2019-12-31 9.54 9.73 9.25 16.00
NYSE:DPZ Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-16 9.26
2019-03-24 8.84
2018-12-30 8.65
2018-09-09 8.16
2018-06-17 7.31
2018-03-25 6.81
2017-12-31 6.05
2017-09-10 5.43
2017-06-18 5.18
2017-03-26 4.81
2017-01-01 4.41
2016-09-11 4.14
2016-06-19 3.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Domino's Pizza is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Domino's Pizza's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Domino's Pizza has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DPZ Past Performance

  How has Domino's Pizza performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Domino's Pizza's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Domino's Pizza's year on year earnings growth rate has been positive over the past 5 years.
  • Domino's Pizza's 1-year earnings growth exceeds its 5-year average (20.6% vs 19.4%)
  • Domino's Pizza's earnings growth has exceeded the US Hospitality industry average in the past year (20.6% vs -0.5%).
Earnings and Revenue History
Domino's Pizza's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Domino's Pizza Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DPZ Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-16 3,515.71 380.75 380.29
2019-03-24 3,483.46 365.80 377.55
2018-12-30 3,432.87 361.97 372.06
2018-09-09 3,242.24 343.66 360.65
2018-06-17 3,099.92 315.93 357.08
2018-03-25 2,949.13 304.26 350.56
2017-12-31 2,787.98 277.91 344.16
2017-09-10 2,715.91 257.31 343.18
2017-06-18 2,638.94 248.18 334.77
2017-03-26 2,557.67 231.70 322.93
2017-01-01 2,472.63 214.68 313.65
2016-09-11 2,394.38 204.70 297.76
2016-06-19 2,312.40 195.30 286.18
2016-03-27 2,253.68 191.95 278.48
2016-01-03 2,216.53 192.79 278.39
2015-09-06 2,118.30 178.06 263.35
2015-06-14 2,080.17 175.85 260.21
2015-03-22 2,042.01 168.40 253.05
2014-12-28 1,993.83 162.59 243.11
2014-09-07 1,917.43 159.22 237.80
2014-06-15 1,874.91 154.23 231.59
2014-03-23 1,838.46 149.04 230.45
2013-12-29 1,802.22 142.99 235.16
2013-09-08 1,775.33 135.90 232.92
2013-06-16 1,749.35 131.25 230.65
2013-03-24 1,711.47 126.07 227.33
2012-12-30 1,678.44 112.39 219.01
2012-09-09 1,640.54 105.73 214.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Domino's Pizza has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Domino's Pizza used its assets more efficiently than the US Hospitality industry average last year based on Return on Assets.
  • Domino's Pizza's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Domino's Pizza's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Domino's Pizza has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DPZ Health

 How is Domino's Pizza's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Domino's Pizza's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Domino's Pizza is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Domino's Pizza's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Domino's Pizza's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Domino's Pizza has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Domino's Pizza Company Filings, last reported 1 month ago.

NYSE:DPZ Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-16 -2,904.29 3,450.91 108.26
2019-03-24 -2,975.17 3,483.73 83.11
2018-12-30 -3,039.92 3,531.58 25.44
2018-09-09 -2,973.76 3,473.48 84.60
2018-06-17 -2,929.21 3,472.56 157.79
2018-03-25 -2,770.86 3,149.54 44.61
2017-12-31 -2,735.38 3,153.81 35.77
2017-09-10 -2,765.34 3,160.36 61.36
2017-06-18 -1,803.07 2,180.82 52.24
2017-03-26 -1,853.69 2,179.56 52.09
2017-01-01 -1,883.14 2,187.88 42.82
2016-09-11 -1,936.15 2,230.76 29.98
2016-06-19 -1,914.75 2,214.05 22.31
2016-03-27 -1,730.28 2,215.00 178.25
2016-01-03 -1,800.25 2,240.79 133.45
2015-09-06 -1,255.95 1,527.92 32.51
2015-06-14 -1,245.66 1,527.40 25.89
2015-03-22 -1,213.58 1,527.44 74.99
2014-12-28 -1,219.47 1,501.16 30.86
2014-09-07 -1,281.74 1,524.29 30.94
2014-06-15 -1,289.68 1,524.42 15.30
2014-03-23 -1,268.96 1,530.41 38.38
2013-12-29 -1,290.20 1,536.44 14.38
2013-09-08 -1,322.18 1,542.52 32.08
2013-06-16 -1,328.79 1,548.57 40.84
2013-03-24 -1,323.37 1,554.62 75.08
2012-12-30 -1,335.52 1,560.79 54.81
2012-09-09 -1,345.53 1,566.97 34.55
  • Domino's Pizza has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Domino's Pizza's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (12.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.1x coverage).
X
Financial health checks
We assess Domino's Pizza's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Domino's Pizza has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DPZ Dividends

 What is Domino's Pizza's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.03%
Current annual income from Domino's Pizza dividends. Estimated to be 1.26% next year.
If you bought $2,000 of Domino's Pizza shares you are expected to receive $21 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Domino's Pizza's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
  • Domino's Pizza's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:DPZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 20 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 47 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:DPZ Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 6.08 1.00
2022-12-31 4.23 2.00
2021-12-31 3.58 7.00
2020-12-31 3.04 12.00
2019-12-31 2.65 12.00
NYSE:DPZ Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-07-16 2.600 1.037
2019-02-21 2.600 0.977
2018-11-01 2.200 0.838
2018-10-16 2.200 0.834
2018-07-19 2.200 0.779
2018-02-20 2.200 0.888
2017-10-12 1.840 0.959
2017-04-27 1.840 0.927
2017-02-28 1.840 1.006
2016-10-18 1.520 0.900
2016-04-28 1.520 1.109
2016-02-25 1.520 1.140
2015-07-16 1.240 1.137
2015-04-23 1.240 1.115
2014-10-14 1.000 1.036
2014-07-22 1.000 1.328
2014-02-25 1.000 1.344
2013-10-15 0.800 1.154
2013-07-23 0.800 1.246
2013-02-28 0.800 1.447
2008-10-14 0.000 0.000
2008-07-22 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Domino's Pizza has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Domino's Pizza only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Domino's Pizza's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.4x coverage).
X
Income/ dividend checks
We assess Domino's Pizza's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Domino's Pizza afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Domino's Pizza has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DPZ Management

 What is the CEO of Domino's Pizza's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ritch Allison
COMPENSATION $9,102,416
AGE 52
TENURE AS CEO 1.1 years
CEO Bio

Mr. Richard E. Allison, Jr., also known as Ritch, has been Chief Executive Officer and Director at Domino's Pizza, Inc. since June 30, 2018 and its President since July 2018. He was President of Domino's International at Domino's Pizza, Inc. from October 14, 2014 to June 30, 2018 and served as its Executive Vice President of International from March 14, 2011 to October 14, 2014. Mr. Allison was a Partner at Bain & Company, Inc. from 2004 to December 2010. He received BS in Business Administration from the University of North Carolina at Chapel Hill and also an MBA degree from the Kenan-Flagler Business School, where he was named a Dean's scholar and received the Norman Brock Award.

CEO Compensation
  • Ritch's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ritch's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Domino's Pizza management team in years:

4
Average Tenure
53
Average Age
  • The tenure for the Domino's Pizza management team is about average.
Management Team

Ritch Allison

TITLE
President
COMPENSATION
$9M
AGE
52
TENURE
1.1 yrs

Jeff Lawrence

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
45
TENURE
3.9 yrs

Russell Weiner

TITLE
COO & President of the Americas
COMPENSATION
$6M
AGE
51
TENURE
1 yrs

J. Vasconi

TITLE
Executive VP & Chief Information Officer
COMPENSATION
$2M
AGE
58
TENURE
7.3 yrs

Joe Jordan

TITLE
Executive Vice President of International
COMPENSATION
$2M
AGE
45
TENURE
4.2 yrs

Tim McIntyre

TITLE
Executive Vice President of Communications
AGE
56
TENURE
3.2 yrs

Kevin Morris

TITLE
Executive VP
COMPENSATION
$2M
AGE
58
TENURE
2.5 yrs

Scott Hinshaw

TITLE
Executive Vice President of Franchise Operations & Development
COMPENSATION
$2M
AGE
56
TENURE
11.5 yrs

Dennis Maloney

TITLE
Chief Digital Officer & VP
AGE
52
TENURE
4.2 yrs

Julia Oswald

TITLE
Senior Vice President of Strategy & Insights Center of Excellence
AGE
54
TENURE
4.2 yrs
Board of Directors Tenure

Average tenure and age of the Domino's Pizza board of directors in years:

8.4
Average Tenure
57
Average Age
  • The tenure for the Domino's Pizza board of directors is about average.
Board of Directors

Dave Brandon

TITLE
Non-Executive Chairman
COMPENSATION
$404K
AGE
67
TENURE
9.3 yrs

Ritch Allison

TITLE
President
COMPENSATION
$9M
AGE
52
TENURE
1.1 yrs

Andrew Balson

TITLE
Independent Director
COMPENSATION
$221K
AGE
52
TENURE
20.3 yrs

Diana Cantor

TITLE
Independent Director
COMPENSATION
$236K
AGE
61
TENURE
13.8 yrs

Jim Goldman

TITLE
Independent Director
COMPENSATION
$229K
AGE
60
TENURE
9.3 yrs

Rick Federico

TITLE
Independent Director
COMPENSATION
$224K
AGE
64
TENURE
8.4 yrs

Andy Ballard

TITLE
Independent Director
COMPENSATION
$220K
AGE
47
TENURE
4 yrs

Corie Barry

TITLE
Director
COMPENSATION
$56K
AGE
44
TENURE
1 yrs

Patricia Lopez

TITLE
Director
COMPENSATION
$57K
AGE
57
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
18. Mar 19 Sell James Goldman Individual 14. Mar 19 14. Mar 19 -1,190 $247.24 $-294,219
24. Aug 18 Sell Russell Weiner Individual 22. Aug 18 22. Aug 18 -743 $313.03 $-232,490
28. Feb 19 Sell Russell Weiner Individual 22. Aug 18 22. Aug 18 -3,661 $290.00 $-1,061,690
X
Management checks
We assess Domino's Pizza's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Domino's Pizza has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DPZ News

Simply Wall St News

Does Domino's Pizza, Inc.'s (NYSE:DPZ) July Stock Price Reflect Its Future Growth?

This illustrates that Domino's Pizza is overvalued compared to the US market average ratio of 17.98x , and overvalued based on current earnings compared to the Hospitality industry average of 21.89x. … But, to be able to properly assess the value of a high-growth stock such as Domino's Pizza, we must incorporate its earnings growth in our valuation. … This means that, when we account for Domino's Pizza's growth, the stock can be viewed as overvalued , based on fundamental analysis.

Simply Wall St -

Domino's Pizza, Inc. (NYSE:DPZ): Immense Growth Potential?

After Domino's Pizza, Inc.'s (NYSE:DPZ) earnings announcement in March 2019, it seems that analyst expectations are fairly bearish, as a 11% rise in profits is expected in the upcoming year, compared with the higher past 5-year average growth rate of 19%. … View our latest analysis for Domino's Pizza Can we expect Domino's Pizza to keep growing? … To understand the overall trajectory of DPZ's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope.

Simply Wall St -

Here's Why I Think Domino's Pizza (NYSE:DPZ) Might Deserve Your Attention Today

See our latest analysis for Domino's Pizza Domino's Pizza's Earnings Per Share Are Growing. … I discovered that the median total compensation for the CEOs of companies like Domino's Pizza, with market caps over US$8.0b, is about US$11m. … For growth investors like me, Domino's Pizza's raw rate of earnings growth is a beacon in the night.

Simply Wall St -

Announcing: Domino's Pizza (NYSE:DPZ) Stock Increased An Energizing 278% In The Last Five Years

During five years of share price growth, Domino's Pizza achieved compound earnings per share (EPS) growth of 27% per year. … Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. … We note that for Domino's Pizza the TSR over the last 5 years was 299%, which is better than the share price return mentioned above.

Simply Wall St -

Is Domino's Pizza, Inc.'s (NYSE:DPZ) High P/E Ratio A Problem For Investors?

Check out our latest analysis for Domino's Pizza How Do I Calculate Domino's Pizza's Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Domino's Pizza: P/E of 31.81 = $281.25 ÷ $8.84 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … NYSE:DPZ Price Estimation Relative to Market, May 20th 2019 Its relatively high P/E ratio indicates that Domino's Pizza shareholders think it will perform better than other companies in its industry classification.

Simply Wall St -

Is Domino's Pizza, Inc. (NYSE:DPZ) Expensive For A Reason? A Look At Its Intrinsic Value

by taking the expected future cash flows and discounting them to their present value. … I will use the Discounted Cash Flow (DCF) model. … If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Domino's Pizza, Inc. (NYSE:DPZ) Is An Attractive Dividend Stock - Here's Why

Dividend paying stocks like Domino's Pizza, Inc. … Investors might not know much about Domino's Pizza's dividend prospects, even though it has been paying dividends for the last six years and offers a 1.0% yield. … When buying stocks for their dividends, you should always run through the checks below, to see if the dividend looks sustainable.

Simply Wall St -

Are Insiders Selling Domino's Pizza, Inc. (NYSE:DPZ) Stock?

So we'll take a look at whether insiders have been buying or selling shares in Domino's Pizza, Inc. … Domino's Pizza Insider Transactions Over The Last Year. … Insiders in Domino's Pizza didn't buy any shares in the last year

Simply Wall St -

Does Domino's Pizza, Inc.'s (NYSE:DPZ) Stock Price Account For Its Growth?

Looking at Domino's Pizza, Inc.’s (NYSE:DPZ) fundamentals some investors are wondering if its last closing price of $244.27 represents a good value for money for this high growth stock. … Check out our latest analysis for Domino's Pizza? … Investors in Domino's Pizza have been patiently waiting for the uptick in earnings.

Simply Wall St -

How Do Analysts See Domino's Pizza, Inc. (NYSE:DPZ) Performing In The Years Ahead?

The most recent earnings announcement Domino's Pizza, Inc.'s (NYSE:DPZ) released in December 2018a

Simply Wall St -

DPZ Company Info

Description

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza delivery company in the United States and internationally. It operates in three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino's brand name through company-owned and franchised stores. As of March 22, 2019, it operated through approximately 15,900 stores in 85 markets. The company was founded in 1960 and is headquartered in Ann Arbor, Michigan.

Details
Name: Domino's Pizza, Inc.
DPZ
Exchange: NYSE
Founded: 1960
$10,418,750,397
41,232,984
Website: http://www.dominos.com/index.intl.html
Address: Domino's Pizza, Inc.
30 Frank Lloyd Wright Drive,
Ann Arbor,
Michigan, 48105,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DPZ Voting Common Stock New York Stock Exchange US USD 13. Jul 2004
DB EZV Voting Common Stock Deutsche Boerse AG DE EUR 13. Jul 2004
WBAG DPZ Voting Common Stock Wiener Boerse AG AT EUR 13. Jul 2004
BMV DPZ * Voting Common Stock Bolsa Mexicana de Valores MX MXN 13. Jul 2004
Number of employees
Current staff
Staff numbers
14,500
Domino's Pizza employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 23:57
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/17
Last earnings filing: 2019/07/16
Last earnings reported: 2019/06/16
Last annual earnings reported: 2018/12/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.