DOMINOS PIZZA INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data DOMINOS PIZZA INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2022	FY2023	FY2023	FY2024	FY2025
Revenue	2,473	2,788	3,433	3,619	4,117	4,357	4,537	4,479	4,706	4,940
Cost of revenue	1,705	1,922	2,130	2,216	2,523	2,669	2,889	2,752	2,858	2,966
Gross profit	768	866	1,303	1,402	1,594	1,688	1,649	1,727	1,849	1,974
General and administrative	314	345	372	382	407	428	417	435	459	464
Operating income	454	521	572	629	726	780	768	820	879	954
Interest expense	110	123	146	151	172	192	198	196	196	196
Interest income	0.69	1.46	3.33	4.05	1.65	0.35	3.16	11.7	17	14.9
Pre-tax income	345	400	429	483	555	626	573	652	722	770
Income tax	130	122	66.7	81.9	63.8	115	121	133	138	169
Net income	215	278	362	401	491	510	452	519	584	602
EBITDA	492	566	625	689	791	853	848	900	967	1,043
EPS, basic	4.41	6.05	8.65	9.83	12.61	13.72	12.66	14.80	16.83	17.69
EPS, diluted	4.30	5.83	8.35	9.56	12.39	13.54	12.53	14.66	16.69	17.57
Shares, basic (weighted)	48.6	46	41.9	40.8	39	37.2	35.7	35.1	34.7	34
Shares, diluted (weighted)	49.9	47.7	43.3	41.9	39.6	37.7	36.1	35.4	35	34.2
Dividend per share	1.52	1.84	2.20	2.60	3.12	3.76	4.40	4.84	6.04	6.96

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2022	FY2023	FY2023	FY2024	FY2025
Cash and equivalents	42.8	35.8	25.4	191	169	148	60.4	114	186	126
Receivables	150	174	190	210	245	255	257	283	309	316
Inventory	40.2	40	46	53	66.7	68.3	81.6	83	70.9	79.2
Other current assets	17.6	18.4	25.7	19.1	24.2	27.2	37.3	30.2	40.4	39.8
Total current assets	496	580	567	788	869	861	791	817	905	894
Property, plant and equipment	139	170	235	243	297	324	302	304	301	324
Lease right-of-use assets			0	229	228	211	219	207	210	219
Goodwill	16.1	15.4	14.9	15.1	15.1	15	11.8	11.7	11.6	10.7
Long-term investments	7.26	8.12	8.72	12	13.3	15.4	13.4	16.7	20.6	25
Other non-current assets	9.38	8.27	12.5	12.5	20.6	22.5	28.9	26.2	26.9	50.6
Total assets	716	837	907	1,382	1,567	1,672	1,602	1,675	1,737	1,716
Accounts payable	112	107	92.5	111	94.5	91.5	89.7	106	85.9	135
Accrued liabilities	42.1	37.4	41	46.2	58.5	59.6	40.4	54.7	58.2	53.2
Deferred revenue		1.4	4	4.2	4.1	5.4	5.5	5.3	5.1	4.8
Short-term debt	38.9	32.3	35.9	43.4	2.86	55.6	54.8	56.4	0.1	0.1
Total current liabilities	404	398	380	454	471	591	537	547	1,612	542
Long-term debt	2,149	3,121	3,496	4,071	4,116	5,015	4,967	4,934	3,826	4,811
Lease liabilities			0	203	202	184	195	180	182	184
Total liabilities	2,599	3,572	3,947	4,798	4,868	5,881	5,791	5,745	5,699	5,618
Total debt	2,188	3,154	3,532	4,114	4,119	5,070	5,022	4,990	14.7	14.6
Paid-in capital	1.01	5.65	0.57	0.24	5.12	0.84	9.69	2.8	1.27	1.91
Retained earnings	-1,882	-2,739	-3,036	-3,413	-3,303	-4,208	-4,194	-4,070	-3,956	-3,899
Other comprehensive income	-3.11	-2.03	-4.43	-3.74	-2.42	-2.82	-4.69	-3.87	-7.43	-4.77
Shareholders' equity	-1,883	-2,735	-3,040	-3,416	-3,300	-4,210	-4,189	-4,070	-3,962	-3,901
Total equity	-1,883	-2,735	-3,040	-3,416	-3,300	-4,210	-4,189	-4,070	-3,962	-3,901
Total liabilities and equity	716	837	907	1,382	1,567	1,672	1,602	1,675	1,737	1,716
Shares outstanding	48.1	42.9	41	38.9	38.9	36.1	35.4	34.7	34.3	33.6

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2022	FY2023	FY2023	FY2024	FY2025
Net income	215	278	362	401	491	510	452	519	584	602
Depreciation and amortization	38.1	44.4	53.7	59.9	65	72.9	80.3	80.6	87.7	88.8
Stock-based compensation	18.6	20.7	22.8	20.3	24.2	28.7	28.7	37.5	43.3	44.6
Deferred income tax	-3.06	6.16	-0.87	-3.3	14.4	1.99	0.25	-19.5	-9.12	1.29
Change in receivables	-18.7	-22.6	-18.2	-20.9	-33.3	-8.11	-6.33	-26.5	-27.4	-6.15
Change in payables	78.9	22.3	10	66.1	69	51.3	-36.6	69.4	-10.2	53.6
Cash from operations	292	341	394	497	593	654	475	591	625	792
Capital expenditures	-58.6	-90	-120	-85.6	-88.8	-94.2	-87.2	-105	-113	-121
Purchases of investments				0	-40	-49.1	0	0
Sales and maturities of investments	0	0	94	50.2	0	0
Cash from investing	-55.3	-83.7	-88.3	-27.9	-129	-143	-53.7	-107	-31.2	-70.2
Debt issued				675	158	1,850	120	14.9	0	1,000
Stock issued	15.2	6.1	9.83	13.1	31	19.7	3.31	8.66	36	18.8
Share buybacks	-300	-1,064	-591	-699	-305	-1,321	-294	-269	-330	-358
Dividends paid	-73.9	-84.3	-92.2	-106	-122	-139	-158	-170	-210	-237
Cash from financing	-376	-197	-323	-223	-446	-523	-516	-476	-532	-752
Exchange rate effect	-1.28	0.07	-0.54	0.2	0.76	-0.32
Net change in cash	-140	60.4	-17.4	247	18.2	-11.7	-95.3	7.93	59.3	-28.4
Free cash flow	234	251	274	411	504	560	388	485	512	672
Interest paid	105	107	133	142	161	175	189	187	185	185
Income taxes paid	74.3	123	71.7	80.3	60.4	106	134	136	161	162

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 14, 2026; growth uses fiscal years. Valuation uses the share price of $292.14 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	40.0%	Gross profit / revenue.
Operating margin	19.5%	Operating income / revenue.
Net margin	11.9%	Net income / revenue.
Return on assets (ROA)	33.8%	Net income / average total assets.
Return on invested capital (ROIC)	105.3%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	5.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	2.9%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	3.7%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	6.8%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	6.2%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	4.4%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	8.5%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	7.5%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	5.6%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	7.9%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	7.1%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	5.7%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	3.0%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	10.0%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	4.1%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	5.3%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	11.9%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	7.2%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	26.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	18.6%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	6.0%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	31.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	20.1%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	5.9%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	15.2%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	16.5%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	17.4%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-1.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	2.3%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	1.8%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-2.2%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-1.7%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-2.9%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.54x	Current assets / current liabilities.
Quick ratio	0.80x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.28x	(Cash + short-term investments) / current liabilities.
Debt / assets	277.0%	Total debt / total assets.
Liabilities / assets	325.8%	Total liabilities / total assets.
Net debt	$4.72B	Total debt - cash - short-term investments. Negative means more cash than debt.
Working capital	$316.7M	Current assets - current liabilities.
Goodwill and intangibles / assets	0.4%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$3.99B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.85x	Revenue / average total assets.
Fixed asset turnover	13.4x	Revenue / average property, plant and equipment.
Receivables turnover	16.6x	Revenue / average receivables.
Days sales outstanding	22 days	365 x average receivables / revenue.

Per share

Metric	Value	How it is calculated
EPS, diluted	$17.90	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$150.90	Revenue / diluted weighted shares.
Book value per share	-$119.53	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$119.76	Tangible book value / shares outstanding.
Cash per share	$4.95	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$9.66B	Share price x shares outstanding.
Enterprise value	$14.38B	Market cap + total debt - cash - short-term investments.
P/E	16.2x	Market cap / net income. Only when net income is positive.
P/S	1.92x	Market cap / revenue.
EV/Sales	2.86x	Enterprise value / revenue.
EV/EBIT	14.7x	Enterprise value / operating income, when both are positive.
Earnings yield	6.2%	Net income / market cap (the inverse of P/E).
PEG	1.36x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was DOMINOS PIZZA INC's revenue in fiscal 2025?

DOMINOS PIZZA INC reported revenue of $4.94B for fiscal 2025, 5% higher than the year before.

Was DOMINOS PIZZA INC profitable in fiscal 2025?

Yes. Net income was $601.7M, a net margin of 12.2%.

How much free cash flow did DOMINOS PIZZA INC generate in fiscal 2025?

Cash from operations of $792.1M minus capital expenditures of $120.6M left free cash flow of $671.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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