Domino’s Pizza Inc (DPZ)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,727,420 | 1,648,610 | 1,688,240 | 1,594,490 | 1,402,500 |
| Revenue | US$ in thousands | 4,479,360 | 4,537,160 | 4,357,370 | 4,117,410 | 3,618,770 |
| Gross profit margin | 38.56% | 36.34% | 38.74% | 38.73% | 38.76% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,727,420K ÷ $4,479,360K
= 38.56%
The gross profit margin of Dominos Pizza Inc has shown some fluctuation over the past five years. In 2019, the gross profit margin stood at 38.76%, which decreased slightly to 38.73% in 2020, before increasing to 38.74% in 2021. However, in 2022, there was a notable decrease to 36.34% before bouncing back to 38.56% in 2023.
These fluctuations in the gross profit margin can indicate changes in the company's pricing strategy, cost of goods sold, or operational efficiency. It is important for investors and analysts to closely monitor trends in the gross profit margin to assess the company's ability to generate profits from its core operations. Overall, Dominos Pizza Inc has maintained a relatively stable gross profit margin range over the past five years, demonstrating consistency in its ability to manage costs and generate profits.
Peer comparison
Dec 31, 2023