Domino’s Pizza Inc (DPZ)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 519,118 | 520,128 | 472,956 | 466,069 | 452,263 | 449,646 | 469,544 | 483,670 | 510,467 | 506,679 | 485,406 | 487,455 | 491,296 | 468,726 | 455,970 | 429,661 | 400,709 | 383,024 | 380,746 | 365,795 |
| 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 |
| ROA | 30.99% | 32.12% | 29.63% | 28.39% | 28.23% | 27.31% | 28.11% | 28.89% | 30.53% | 28.72% | 28.19% | 29.31% | 31.35% | 28.92% | 28.83% | 30.91% | 28.99% | 33.01% | 32.34% | 31.86% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $519,118K ÷ $1,674,900K
= 30.99%
The return on assets (ROA) for Dominos Pizza Inc has shown a generally positive trend over the past eight quarters, ranging from 27.31% in Q3 2022 to a high of 32.12% in Q3 2023. This indicates the company's ability to generate profit from its assets, with higher percentages reflecting more efficient asset utilization.
The ROA remained consistently above 28% since Q1 2022, suggesting a stable and effective management of assets to generate earnings. This demonstrates the company's efficiency in utilizing its resources to generate profits, a key factor in evaluating its overall financial performance.
Overall, Dominos Pizza Inc's ROA performance indicates strong asset management and profitability throughout the periods analyzed, reflecting positively on the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2023