Domino’s Pizza Inc (DPZ)

Gross profit margin

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 Dec 31, 2019 Sep 8, 2019 Jun 16, 2019 Mar 31, 2019
Gross profit (ttm) US$ in thousands 1,727,417 1,700,239 1,683,920 1,665,529 1,648,606 1,642,940 1,646,290 1,667,715 1,688,242 1,717,305 1,694,086 1,643,487 1,594,493 1,506,517 1,460,787 1,420,367 1,402,499 1,369,166 1,348,194 1,325,103
Revenue (ttm) US$ in thousands 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 3,618,772 3,550,562 3,515,715 3,483,464
Gross profit margin 38.56% 38.05% 37.34% 36.60% 36.34% 36.61% 37.27% 38.03% 38.74% 39.29% 39.03% 38.87% 38.73% 38.52% 38.81% 38.85% 38.76% 38.56% 38.35% 38.04%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,727,417K ÷ $4,479,360K
= 38.56%

Dominos Pizza Inc's gross profit margin has exhibited a fluctuating trend over the past eight quarters. In Q4 2023, the gross profit margin increased to 38.56%, marking an improvement from the previous quarter's 38.05%. This upward trend indicates an enhanced efficiency in managing production costs and generating higher revenues.

Comparing the latest quarter to the same period in the previous year, Q4 2022, there is a notable increase from 36.34% to 38.56%. This significant growth in gross profit margin reflects the company's ability to increase profitability and effectively control its cost of goods sold.

On a broader perspective, Dominos Pizza Inc has demonstrated a relatively stable gross profit margin over the past two years, with minor fluctuations within the range of 36.34% to 38.56%. This steadiness suggests consistent performance in maintaining a healthy proportion of sales revenue retained after accounting for direct production costs.

Overall, Dominos Pizza Inc's gross profit margin analysis highlights an improving trend in profitability and cost management, positioning the company favorably in its competitive market landscape.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Domino’s Pizza Inc
DPZ
38.56%
Sysco Corporation
SYY
18.53%
US Foods Holding Corp
USFD
17.40%