Domino’s Pizza Inc (DPZ)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 519,118 | 452,263 | 510,467 | 491,296 | 400,709 |
| Total assets | US$ in thousands | 1,674,900 | 1,602,220 | 1,671,820 | 1,567,170 | 1,382,090 |
| ROA | 30.99% | 28.23% | 30.53% | 31.35% | 28.99% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $519,118K ÷ $1,674,900K
= 30.99%
Dominos Pizza Inc has consistently delivered robust returns on assets (ROA) over the past five years, reflecting the company's efficiency in generating profits relative to its total assets. The ROA trend showcases a relatively stable performance, with the ratio hovering between 28.23% and 31.35% during this period. The highest ROA was achieved in 2021 at 31.35%, indicating the company's effectiveness in utilizing its assets to drive profitability. Despite a slight dip in 2022, the ROA rebounded to 30.99% in 2023, demonstrating Dominos Pizza Inc's ability to remain profitable and efficient in its operations. Overall, the consistent and strong ROA figures suggest that Dominos Pizza Inc has been effectively leveraging its assets to generate earnings for its stakeholders.
Peer comparison
Dec 31, 2023