Domino’s Pizza Inc (DPZ)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 652,440 636,730 593,004 588,442 572,833 579,217 582,174 593,785 625,705 619,101 608,069 587,472 555,130 522,835 509,307 490,790 482,637 459,930 448,933 434,151
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
Pretax margin 14.57% 14.25% 13.15% 12.93% 12.63% 12.91% 13.18% 13.54% 14.36% 14.16% 14.01% 13.89% 13.48% 13.37% 13.53% 13.42% 13.34% 12.95% 12.77% 12.46%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $652,440K ÷ $4,479,360K
= 14.57%

Dominos Pizza Inc has demonstrated a stable pretax margin over the past eight quarters, with a range varying from 12.63% to 14.57%. The company has shown consistent profitability before taxes, with the highest pretax margin recorded in Q4 2023 at 14.57% and the lowest in Q4 2022 at 12.63%. This indicates that Dominos Pizza Inc has effectively managed its expenses and operating costs relative to its revenue generation during these periods. Although there was a slight decrease in pretax margin from Q4 2023 to Q1 2023, the overall trend remains positive. Maintaining a pretax margin above 12% demonstrates Dominos Pizza Inc's ability to protect its earnings before income taxes and suggests operational efficiency in managing costs.


Peer comparison

Dec 31, 2023

Company name
Symbol
Pretax margin
Domino’s Pizza Inc
DPZ
14.57%
Sysco Corporation
SYY
3.25%
US Foods Holding Corp
USFD
1.92%