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Domino's Pizza (Domino's Pizza) EBIT : $849 Mil (TTM As of Dec. 2023)


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What is Domino's Pizza EBIT?

Domino's Pizza's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $266 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $849 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Domino's Pizza's annualized ROC % for the quarter that ended in Dec. 2023 was 61.95%. Domino's Pizza's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 140.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Domino's Pizza's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.80%.


Domino's Pizza EBIT Historical Data

The historical data trend for Domino's Pizza's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Domino's Pizza EBIT Chart

Domino's Pizza Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 633.46 727.30 817.51 771.09 848.92

Domino's Pizza Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 250.88 179.87 182.98 220.37 265.70

Competitive Comparison of Domino's Pizza's EBIT

For the Restaurants subindustry, Domino's Pizza's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Domino's Pizza's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Domino's Pizza's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Domino's Pizza's EV-to-EBIT falls into.



Domino's Pizza EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $849 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Domino's Pizza  (NYSE:DPZ) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Domino's Pizza's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1029.4 * ( 1 - 23.46% )/( (1247.262 + 1296.217)/ 2 )
=787.90276/1271.7395
=61.95 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1619.464 - 291.323 - ( 80.879 - max(0, 562.941 - 795.632+80.879))
=1247.262

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1674.899 - 264.584 - ( 114.098 - max(0, 547.35 - 817.291+114.098))
=1296.217

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Domino's Pizza's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1062.78/( ( (500.325 + max(246.304, 0)) + (511.688 + max(251.539, 0)) )/ 2 )
=1062.78/( ( 746.629 + 763.227 )/ 2 )
=1062.78/754.928
=140.78 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249.995 + 69.683 + 395.075) - (291.323 + 0 + 177.126)
=246.304

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(282.809 + 82.964 + 337.42) - (264.584 + 0 + 187.07)
=251.539

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Domino's Pizza's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=848.915/22327.461
=3.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Domino's Pizza EBIT Related Terms

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Domino's Pizza (Domino's Pizza) Business Description

Address
30 Frank Lloyd Wright Drive, Ann Arbor, MI, USA, 48105
Domino's is a restaurant operator and franchiser with nearly 20,000 global stores across more than 90 international markets at the end of 2022. The firm generates revenue through the sales of pizza, wings, salads, sandwiches, and desserts at company-owned stores, royalty and marketing contributions from franchise-operated stores, and its network of 26 domestic (and five Canadian) dough manufacturing and supply chain facilities, which centralize purchasing, preparation, and last-mile delivery for the firm's U.S. and Canadian restaurants. With roughly $17.7 billion in 2022 system sales, Domino's is the largest player in the global pizza market, ahead of Pizza Hut, Little Caesars, and Papa John's.
Executives
Sam Jackson officer: EVP, Human Resources 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48105
Andy Ballard director ONE MARITIME PLAZA, SUITE 1350, SAN FRANCISCO CA 94111
Lisa V Price officer: EVP, Chief Human Resources Ofc 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Cynthia A Headen officer: EVP, Supply Chain Services 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Andrew Balson director, 10 percent owner
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Joseph Hugh Jordan officer: EVP, International 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
James A Goldman director
Reddy Sandeep officer: EVP, Chief Financial Officer C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
Russell J Weiner officer: President, Domino's U.S.A. 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Jessica L Parrish officer: VP, Treasurer, Corp Controller 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48105
Allison Richard E Jr officer: President, Domino's Int'l 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Kevin Scott Morris officer: EVP, Gen'l Counsel, Secretary 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Diana F Cantor director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Timothy P. Mcintyre officer: EVP, Comm, Investor Relations 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105

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