Domino’s Pizza Inc (DPZ)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 819,519 | 811,136 | 798,156 | 780,867 | 767,925 | 741,795 | 745,623 | 758,411 | 780,408 | 801,764 | 783,665 | 756,346 | 725,642 | 685,549 | 666,397 | 641,737 | 629,407 | 605,092 | 594,495 | 581,717 |
| Total assets | US$ in thousands | 1,674,900 | 1,619,460 | 1,596,170 | 1,641,390 | 1,602,220 | 1,646,410 | 1,670,630 | 1,674,020 | 1,671,820 | 1,764,360 | 1,721,790 | 1,662,830 | 1,567,170 | 1,620,950 | 1,581,690 | 1,389,880 | 1,382,090 | 1,160,270 | 1,177,170 | 1,148,280 |
| Operating ROA | 48.93% | 50.09% | 50.00% | 47.57% | 47.93% | 45.06% | 44.63% | 45.30% | 46.68% | 45.44% | 45.51% | 45.49% | 46.30% | 42.29% | 42.13% | 46.17% | 45.54% | 52.15% | 50.50% | 50.66% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $819,519K ÷ $1,674,900K
= 48.93%
Dominos Pizza Inc's operating return on assets (operating ROA) has been relatively stable and demonstrating consistent improvement over the quarters shown in the table. The operating ROA ranged from 44.63% in Q2 2022 to 48.94% in Q4 2023. This indicates that the company is generating significant operating profit relative to its total assets, reflecting efficient asset utilization and profitability.
The increasing trend in operating ROA from 2022 to 2023 suggests that Dominos Pizza Inc has been successful in enhancing its operational efficiency and profitability over time. The company's ability to generate higher returns on its assets indicates effective management of resources and potentially a strong competitive position in the market.
Overall, Dominos Pizza Inc's operating ROA performance highlights its operational effectiveness and ability to generate substantial returns relative to its asset base, which can be indicative of sustainable growth and financial strength.
Peer comparison
Dec 31, 2023