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DPZ

Domino's Pizza, Inc.

DPZ

Domino's Pizza, Inc. • NASDAQ
$419.63 ▲ 0.97% (+4.04)
Market Cap $14.18 B
52w High $500.55
52w Low $392.89
Dividend Yield 6.73%
P/E 24.51
Volume 181.60K
Outstanding Shares 33.79M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.147B ▲ $236.734M ▲ $139.319M ▲ 12.146% ▲ $4.11 ▲ $224.211M ▼
Q2-2025 $1.145B ▲ $235.926M ▲ $131.091M ▼ 11.448% ▼ $3.84 ▼ $233.25M ▼
Q1-2025 $1.112B ▼ $233.052M ▼ $149.651M ▼ 13.457% ▲ $4.38 ▼ $258.429M ▼
Q4-2024 $1.444B ▲ $292.202M ▲ $169.444M ▲ 11.735% ▼ $4.89 ▲ $308.328M ▲
Q3-2024 $1.08B $224.742M $146.924M 13.603% $4.22 $250.098M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $342.229M ▲ $1.66B ▼ $5.622B ▼ $-3.962B ▲
Q2-2025 $272.859M ▼ $1.811B ▼ $5.786B ▼ $-3.975B ▼
Q1-2025 $304.32M ▲ $1.878B ▲ $5.79B ▲ $-3.913B ▲
Q4-2024 $186.126M ▼ $1.737B ▼ $5.699B ▼ $-3.962B ▲
Q3-2024 $189.084M $1.775B $5.752B $-3.977B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $131.091M ▼ $187.784M ▲ $30.765M ▲ $-209.42M ▼ $10.681M ▼ $167.298M ▲
Q1-2025 $149.651M ▼ $179.076M ▲ $-15.97M ▼ $-51.892M ▲ $111.51M ▲ $164.331M ▲
Q4-2024 $169.444M ▲ $178.018M ▲ $40.666M ▲ $-219.225M ▲ $-2.106M ▲ $135.934M ▼
Q3-2024 $146.924M ▲ $172.729M ▲ $-26.935M ▼ $-242.341M ▼ $-96.146M ▼ $145.611M ▲
Q2-2024 $141.978M $150.686M $-23.474M $-35.863M $91.031M $127.184M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Domestic Stores
Domestic Stores
 $470.00M ▲$370.00M ▼$750.00M ▲$1.12Bn ▲
International Franchise
International Franchise
 $100.00M ▲$80.00M ▼$150.00M ▲$230.00M ▲
Supply Chain
Supply Chain
 $790.00M ▲$670.00M ▼$1.36Bn ▲$2.05Bn ▲

Five-Year Company Overview

Income Statement

Income Statement Domino’s has shown steady, healthy growth in both sales and profits over the past five years. Revenue has inched up almost every year, and profit margins have generally held firm or improved slightly, which is not easy in a cost‑pressured restaurant environment. Earnings per share have climbed meaningfully, helped both by better profitability and by a financial structure that amplifies results for shareholders. The business has proven resilient through different economic conditions, with no sign of a sudden collapse or boom—more a picture of disciplined, incremental progress. Overall, the income statement points to a mature, high‑return franchise system that is still finding ways to squeeze out a bit more efficiency and profit each year.

Balance Sheet

Balance Sheet The balance sheet is the main area that looks aggressive. Domino’s runs with a lot of debt and negative reported equity. That negative equity is largely the result of past financial engineering—heavy use of borrowings and share repurchases—rather than ongoing operating losses. On the positive side, total assets have been relatively stable, and cash on hand has ticked up recently, which gives a bit more day‑to‑day flexibility. On the risk side, the company is clearly highly leveraged, which makes it more sensitive to interest costs and any downturn in cash generation. In simple terms: the operating business looks solid, but the financial structure is intentionally tight and demands consistently strong performance to remain comfortable.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has been steady and has grown over time, closely tracking the rise in profits. Free cash flow remains strong even after the company’s regular, but modest, investment in new equipment and technology. Capital spending is relatively light thanks to the franchise model, which means a large share of cash from operations is available for debt service, dividends, and buybacks. That strong cash engine is what supports the heavier debt load on the balance sheet. The main takeaway: Domino’s converts a good portion of its accounting profits into real cash, and it has done so consistently over a multi‑year period.

Competitive Edge

Competitive Edge Domino’s enjoys a powerful competitive position in pizza delivery and quick‑service food. Its strengths come from a globally recognized brand, a very dense and growing store network, and an efficient franchise‑heavy model that pushes local entrepreneurship while keeping corporate capital needs relatively low. The company’s technology platform—especially its digital ordering, tracking, and in‑store systems—remains a clear differentiator. This tech advantage supports faster delivery, better accuracy, and a smoother customer experience, which are hard and expensive for rivals to copy. Its supply chain scale also helps keep costs low and product quality consistent across thousands of locations. Key risks are intense competition from other large pizza and fast‑casual chains, rising labor and food costs, and a heavy reliance on delivery demand. Still, the combination of brand, tech, and scale gives Domino’s a durable edge in its niche.

Innovation and R&D

Innovation and R&D Domino’s treats itself as a technology company that sells pizza, and that mindset shows. Digital ordering, the order tracker, and “order from anywhere” tools have deeply embedded the brand into customers’ daily habits. A large majority of U.S. sales already come through digital channels, which gives Domino’s rich data to refine pricing, promotions, and operations. The company is investing in artificial intelligence for quality control, demand forecasting, staffing, and customer interaction. Partnerships, such as the one with Microsoft, aim to further automate store management and improve decision‑making. On the customer side, menu innovation, loyalty program upgrades, and experiments with new delivery methods (including work with third‑party platforms and tests of autonomous delivery) show a willingness to adapt. All of this positions Domino’s as one of the more technologically advanced players in global quick‑service dining, though the commercial payoff of some cutting‑edge projects, like autonomous delivery, remains uncertain and likely long‑dated.

Summary

Domino’s combines a strong, efficient operating business with an intentionally leveraged financial structure. The core franchise system generates solid margins and reliable cash flow, supported by scale, brand strength, and distinctive technology. Earnings and cash have trended upward over several years without major volatility. On the other hand, the company carries substantial debt and negative equity, which raises financial risk and leaves less room for error if sales growth slows or costs spike. The strategy leans heavily on the ability to keep stores busy and cash flowing. Looking ahead, Domino’s appears well positioned competitively thanks to its digital leadership, data‑driven operations, and ongoing menu and loyalty innovation. Key factors to watch include: the balance between growth and leverage, how well new partnerships and tech investments translate into sustained sales gains, and the impact of broader consumer spending trends on pizza and delivery demand.

NEWS

November 10, 2025 · 7:07 AM UTC

'Treat Yo Self' to Domino's® New Spicy Chicken Bacon Ranch Pizza

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October 16, 2025 · 11:37 AM UTC

Domino's® is Raising 'Dough' for St. Jude Children's Research Hospital®

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October 14, 2025 · 6:05 AM UTC

Domino's Pizza® Announces Third Quarter 2025 Financial Results

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October 9, 2025 · 7:00 AM UTC

DPC Dash -- Domino's Pizza China Builds Lasting Growth in the Third Quarter of 2025 With Excellence in Store Expansion, Innovation, and Digital Leadership

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October 8, 2025 · 7:07 AM UTC

Domino's® New Craveable Brand Refresh Makes You Say "Mmm"

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