DOMINOS PIZZA INC
$341.72
+8.49 (+2.55%) · delayed · Nov 13, 2026
Five-year price
52w $282.00 to $442.35
- Market cap
- $11.2B
- Enterprise value
- $11.1B
- P/E
- 19.4×
- 21.0× on 3y avg EPS
- EV / EBIT
- 11.7×
- FCF yield
- 6.0%
- ROIC
- —
- Debt / equity
- —
- Piotroski F
- 8/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
100
- ●ROIC > 12% (5y avg)5y avg ROIC 89.4%
- –ROE > 15% (5y avg)5y avg ROE n/a
- ●Stable operating marginsMargin volatility 0.8% (σ, 5y)
- ●Earnings convert to cashFCF / net income 98% (5y avg)
- ●Growing revenueRevenue CAGR 5y 3.7%
- ●Shrinking share countDiluted shares -13.6% over 5y
Value
33
- ○P/E below 15P/E 19.4
- ●EV/EBIT below 12EV/EBIT 11.7
- ○FCF yield above 6%FCF yield 6.0%
- –Price below Graham NumberGraham Number n/a
- –P/B below 3P/B n/a
Safety
75
- –Debt / equity below 0.5D/E n/a
- ●Debt payable in < 4 yrs of earningsNet debt $-0.1B
- ○Interest coverage > 8xCoverage 4.9x
- ●Current ratio > 1.5Current ratio 1.65
- ●Piotroski F-score ≥ 6F-score 8/9
Graham Defensive
67
- ●Adequate size (revenue > $2B)Revenue $4.9B
- ○Strong condition (current ratio ≥ 2)Current ratio 1.65
- ●Earnings stability (no loss, 10y)10 years of data
- ●Uninterrupted dividendsDividends paid every year on record
- ●Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 165%
- ○Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 21.0
- –P/E × P/B ≤ 22.5Product n/a
Valuation lab
What do you have to believe?
At $341.72, the market is pricing in about 3.2% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt −$111M · 33M shares · 5y revenue CAGR 3.7%
Intrinsic value
$363.75
Price
$341.72
Margin of safety
6%
What the price implies
The market is paying for 3.2% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
56% of the value sits beyond year 10.
Financial statements
A decade of the record.
USD millions · fiscal years · source: SEC 10-K XBRL
| Line item | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,473 | 2,788 | 3,433 | 3,619 | 4,117 | 4,357 | 4,537 | 4,479 | 4,706 | 4,940 |
| Gross profit | 768 | 866 | 1,303 | 1,402 | 1,594 | 1,688 | 1,649 | 1,727 | 1,849 | 1,974 |
| Operating income | 454 | 521 | 572 | 629 | 726 | 780 | 768 | 820 | 879 | 954 |
| Operating margin | 18.4% | 18.7% | 16.7% | 17.4% | 17.6% | 17.9% | 16.9% | 18.3% | 18.7% | 19.3% |
| Pre-tax income | 345 | 400 | 429 | 483 | 555 | 626 | 573 | 652 | 722 | 770 |
| Income tax | 130 | 122 | 67 | 82 | 64 | 115 | 121 | 133 | 138 | 169 |
| Net income | 215 | 278 | 362 | 401 | 491 | 510 | 452 | 519 | 584 | 602 |
| EPS (diluted) | 4.30 | 5.83 | 8.35 | 9.56 | 12.39 | 13.54 | 12.53 | 14.66 | 16.69 | 17.57 |
| Diluted shares | 50 | 48 | 43 | 42 | 40 | 38 | 36 | 35 | 35 | 34 |
Who owns it