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Domino's Pizza (Domino's Pizza) Gross Property, Plant and Equipment : $882 Mil (As of Dec. 2023)


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What is Domino's Pizza Gross Property, Plant and Equipment?

Domino's Pizza's quarterly gross PPE increased from Jun. 2023 ($863 Mil) to Sep. 2023 ($863 Mil) and increased from Sep. 2023 ($863 Mil) to Dec. 2023 ($882 Mil).

Domino's Pizza's annual gross PPE increased from Dec. 2021 ($853 Mil) to Dec. 2022 ($854 Mil) and increased from Dec. 2022 ($854 Mil) to Dec. 2023 ($882 Mil).


Domino's Pizza Gross Property, Plant and Equipment Historical Data

The historical data trend for Domino's Pizza's Gross Property, Plant and Equipment 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 Gross Property, Plant and Equipment Chart

Domino's Pizza Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 724.11 808.26 853.23 853.91 882.06

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
Gross Property, Plant and Equipment 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 853.91 860.77 862.62 862.81 882.06

Domino's Pizza Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Domino's Pizza  (NYSE:DPZ) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Domino's Pizza Gross Property, Plant and Equipment Related Terms

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

Industry
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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