Domino's Pizza Inc Common Stock (DPZ)
Fixed asset turnover
| Dec 31, 2024 | Sep 8, 2024 | Jun 16, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 10, 2023 | Jun 18, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 11, 2022 | Jun 19, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 12, 2021 | Jun 20, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 6, 2020 | Jun 14, 2020 | Mar 22, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,706,420 | 4,665,480 | 4,612,720 | 4,539,610 | 4,479,360 | 4,468,620 | 4,509,860 | 4,550,410 | 4,537,160 | 4,488,140 | 4,417,530 | 4,384,820 | 4,357,368 | 4,370,728 | 4,340,457 | 4,228,010 | 4,117,414 | 3,911,194 | 3,764,287 | 3,655,911 |
| Property, plant and equipment | US$ in thousands | 301,179 | 293,407 | 296,403 | 297,238 | 304,365 | 290,391 | 295,935 | 298,878 | 302,235 | 311,287 | 313,812 | 319,647 | 324,065 | 293,375 | 295,532 | 293,369 | 297,364 | 262,264 | 257,384 | 240,717 |
| Fixed asset turnover | 15.63 | 15.90 | 15.56 | 15.27 | 14.72 | 15.39 | 15.24 | 15.22 | 15.01 | 14.42 | 14.08 | 13.72 | 13.45 | 14.90 | 14.69 | 14.41 | 13.85 | 14.91 | 14.63 | 15.19 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,706,420K ÷ $301,179K
= 15.63
Domino's Pizza Inc Common Stock has shown consistent and strong performance in terms of fixed asset turnover over the past few years. The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. In the case of Domino's Pizza Inc, the fixed asset turnover ratio has ranged from 13.45 to 15.90 over the periods mentioned in the data provided.
The fixed asset turnover ratio increased steadily from 13.45 in December 2021 to 15.90 in September 2024. This indicates that the company has been able to generate more revenue for each dollar invested in fixed assets during this period. A higher fixed asset turnover ratio signifies better asset utilization and operational efficiency.
Overall, the trend in Domino's Pizza Inc's fixed asset turnover ratio reflects the company's focus on effectively managing and utilizing its fixed assets to drive revenue growth. The consistent improvement in this ratio shows a positive operational performance and efficient use of resources by the company.
Peer comparison
Dec 31, 2024