Domino's Pizza Inc Common Stock (DPZ)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 584,170 | 519,118 | 452,263 | 510,467 | 491,296 |
Total assets | US$ in thousands | 1,737,010 | 1,674,900 | 1,602,220 | 1,671,820 | 1,567,170 |
ROA | 33.63% | 30.99% | 28.23% | 30.53% | 31.35% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $584,170K ÷ $1,737,010K
= 33.63%
Domino's Pizza Inc Common Stock's return on assets (ROA) has shown a generally positive trend over the past five years, starting at 31.35% on December 31, 2020, and reaching 33.63% by December 31, 2024. This indicates that the company has been effectively generating profit from its assets.
Even though there was a slight decrease in ROA from 2020 to 2021 (31.35% to 30.53%), the company managed to improve its performance in the subsequent years, with ROA bouncing back to 30.99% in 2023.
The ROA of 28.23% in 2022 could be seen as a temporary dip, but it is important to monitor the company's asset efficiency and profitability to ensure sustained performance in utilizing its assets effectively to generate returns for shareholders.
Overall, Domino's Pizza Inc Common Stock's ROA trend indicates that the company has been successful in utilizing its assets to generate profits, showcasing efficient management of resources to drive earnings growth.
Peer comparison
Dec 31, 2024