Domino’s Pizza Inc (DPZ)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 652,440 | 572,833 | 625,705 | 555,130 | 482,637 |
| Revenue | US$ in thousands | 4,479,360 | 4,537,160 | 4,357,370 | 4,117,410 | 3,618,770 |
| Pretax margin | 14.57% | 12.63% | 14.36% | 13.48% | 13.34% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $652,440K ÷ $4,479,360K
= 14.57%
Dominos Pizza Inc's pretax margin has shown a positive trend over the last five years, with the highest pretax margin of 14.57% being recorded at the end of 2023. This indicates that the company is effectively managing its operating expenses relative to its revenue. The steady improvement in pretax margin reflects the company's ability to control costs and generate higher profits before accounting for taxes. It suggests that Dominos Pizza Inc has been successful in increasing operational efficiency and maximizing profitability over the years. The consistent pretax margin growth is a positive sign for investors and stakeholders, highlighting the company's strong financial performance and management effectiveness.
Peer comparison
Dec 31, 2023