Domino's Pizza Inc Common Stock (DPZ)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,706,420 | 4,479,360 | 4,537,160 | 4,357,370 | 4,117,410 |
| Property, plant and equipment | US$ in thousands | 301,179 | 304,365 | 302,235 | 324,065 | 297,364 |
| Fixed asset turnover | 15.63 | 14.72 | 15.01 | 13.45 | 13.85 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,706,420K ÷ $301,179K
= 15.63
Domino's Pizza Inc Common Stock has demonstrated a consistent and strong performance in terms of fixed asset turnover over the past five years. The fixed asset turnover ratio, which measures the company's ability to generate revenue from its fixed assets, has shown an upward trend from 13.85 in December 2020 to 15.63 in December 2024. This indicates that the company is effectively utilizing its fixed assets to generate sales.
The slight fluctuation in the ratio between 2021 and 2023 suggests some variability in the efficiency of asset utilization, but overall, the trend is positive. The peak ratio of 15.63 in December 2024 indicates that Domino's Pizza Inc Common Stock has been able to generate $15.63 in revenue for every dollar invested in fixed assets.
This strong performance in fixed asset turnover reflects operational efficiency and effective management of resources within the company. It suggests that Domino's Pizza Inc Common Stock has been successful in maximizing the productivity of its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024