Domino's Pizza (DPZ)
Market Price (5/3/2026): $337.77 | Market Cap: $11.4 BilSector: Consumer Discretionary | Industry: Restaurants
Domino's Pizza (DPZ)
Market Price (5/3/2026): $337.77Market Cap: $11.4 BilSector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 5.8% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13% Stock buyback supportStock Buyback 3Y Total is 1.0 Bil Low stock price volatilityVol 12M is 25% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Last-Mile Delivery, Direct-to-Consumer Brands (Staples), Show more. | Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -74% | Key risksDPZ key risks include [1] rising operating costs causing a slowdown in new store openings by its franchisees, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, Dividend Yield is 2.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.1%, FCF Yield is 5.8% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Stock buyback supportStock Buyback 3Y Total is 1.0 Bil |
| Low stock price volatilityVol 12M is 25% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Last-Mile Delivery, Direct-to-Consumer Brands (Staples), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -74% |
| Key risksDPZ key risks include [1] rising operating costs causing a slowdown in new store openings by its franchisees, Show more. |
Qualitative Assessment
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1. Domino's Pizza's first-quarter 2026 financial results missed analyst expectations and included a downward revision to full-year guidance. The company reported diluted earnings per share of $4.13, falling short of analyst consensus estimates ranging from $4.27 to $4.31. Additionally, revenue came in at $1.15 billion, missing estimates between $1.16 billion and $1.17 billion. Diluted EPS decreased 4.6% year-over-year. Following these results, the company's management lowered its full-year U.S. same-store sales outlook to "positive low single digits" from the prior 3% objective, and its international same-store sales outlook also to "positive low single digits". This underperformance led to a significant stock drop, with shares tumbling around 9.5% on the day of the earnings announcement (April 27, 2026).
2. Weak same-store sales growth, particularly internationally, contributed to the underperformance. In the first quarter of 2026, U.S. same-store sales grew by a modest 0.9%, while international same-store sales experienced a decline of 0.4% (excluding foreign currency impact). This international decline was a notable setback and was slightly offset by new store openings. The U.S. same-store sales growth was attributed to a balance of positive order counts and a positive average ticket, with carryout comps holding up better at +2.4% while delivery slipped 0.3%.
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Stock Movement Drivers
Fundamental Drivers
The -17.3% change in DPZ stock from 1/31/2026 to 5/2/2026 was primarily driven by a -18.4% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5022026 | Change |
|---|---|---|---|
| Stock Price ($) | 408.27 | 337.77 | -17.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,848 | 4,979 | 2.7% |
| Net Income Margin (%) | 12.2% | 11.9% | -2.2% |
| P/E Multiple | 23.5 | 19.2 | -18.4% |
| Shares Outstanding (Mil) | 34 | 34 | 0.9% |
| Cumulative Contribution | -17.3% |
Market Drivers
1/31/2026 to 5/2/2026| Return | Correlation | |
|---|---|---|
| DPZ | -17.3% | |
| Market (SPY) | 3.6% | 19.0% |
| Sector (XLY) | -1.9% | 22.1% |
Fundamental Drivers
The -14.5% change in DPZ stock from 10/31/2025 to 5/2/2026 was primarily driven by a -15.6% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5022026 | Change |
|---|---|---|---|
| Stock Price ($) | 394.86 | 337.77 | -14.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,848 | 4,979 | 2.7% |
| Net Income Margin (%) | 12.2% | 11.9% | -2.2% |
| P/E Multiple | 22.7 | 19.2 | -15.6% |
| Shares Outstanding (Mil) | 34 | 34 | 0.9% |
| Cumulative Contribution | -14.5% |
Market Drivers
10/31/2025 to 5/2/2026| Return | Correlation | |
|---|---|---|
| DPZ | -14.5% | |
| Market (SPY) | 5.5% | 17.9% |
| Sector (XLY) | -0.7% | 22.1% |
Fundamental Drivers
The -30.0% change in DPZ stock from 4/30/2025 to 5/2/2026 was primarily driven by a -29.5% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5022026 | Change |
|---|---|---|---|
| Stock Price ($) | 482.20 | 337.77 | -30.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,734 | 4,979 | 5.2% |
| Net Income Margin (%) | 12.8% | 11.9% | -7.4% |
| P/E Multiple | 27.2 | 19.2 | -29.5% |
| Shares Outstanding (Mil) | 34 | 34 | 2.0% |
| Cumulative Contribution | -30.0% |
Market Drivers
4/30/2025 to 5/2/2026| Return | Correlation | |
|---|---|---|
| DPZ | -30.0% | |
| Market (SPY) | 30.4% | 15.5% |
| Sector (XLY) | 21.2% | 21.6% |
Fundamental Drivers
The 11.2% change in DPZ stock from 4/30/2023 to 5/2/2026 was primarily driven by a 16.1% change in the company's Net Income Margin (%).| (LTM values as of) | 4302023 | 5022026 | Change |
|---|---|---|---|
| Stock Price ($) | 303.76 | 337.77 | 11.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,550 | 4,979 | 9.4% |
| Net Income Margin (%) | 10.2% | 11.9% | 16.1% |
| P/E Multiple | 23.1 | 19.2 | -16.8% |
| Shares Outstanding (Mil) | 35 | 34 | 5.3% |
| Cumulative Contribution | 11.2% |
Market Drivers
4/30/2023 to 5/2/2026| Return | Correlation | |
|---|---|---|
| DPZ | 11.2% | |
| Market (SPY) | 78.7% | 34.1% |
| Sector (XLY) | 64.4% | 34.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DPZ Return | 48% | -38% | 21% | 3% | 1% | -18% | -5% |
| Peers Return | 25% | -20% | 28% | 3% | 13% | -2% | 47% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 5% | 92% |
Monthly Win Rates [3] | |||||||
| DPZ Win Rate | 67% | 42% | 50% | 58% | 42% | 0% | |
| Peers Win Rate | 55% | 37% | 53% | 45% | 53% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| DPZ Max Drawdown | -14% | -46% | -16% | -3% | -4% | -20% | |
| Peers Max Drawdown | -9% | -36% | -9% | -17% | -9% | -13% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: YUM, PZZA, MCD, QSR, DASH. See DPZ Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)
How Low Can It Go
| Event | DPZ | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -10.1% | -18.8% |
| % Gain to Breakeven | 11.2% | 23.1% |
| Time to Breakeven | 31 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -15.4% | -7.8% |
| % Gain to Breakeven | 18.3% | 8.5% |
| Time to Breakeven | 206 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -14.4% | -9.5% |
| % Gain to Breakeven | 16.9% | 10.5% |
| Time to Breakeven | 32 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -18.0% | -6.7% |
| % Gain to Breakeven | 22.0% | 7.1% |
| Time to Breakeven | 42 days | 31 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -17.9% | -19.2% |
| % Gain to Breakeven | 21.8% | 23.7% |
| Time to Breakeven | 43 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -11.5% | -12.2% |
| % Gain to Breakeven | 13.0% | 13.9% |
| Time to Breakeven | 161 days | 62 days |
In The Past
Domino's Pizza's stock fell -10.1% during the 2025 US Tariff Shock. Such a loss loss requires a 11.2% gain to breakeven.
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| Event | DPZ | S&P 500 |
|---|---|---|
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -32.0% | -15.4% |
| % Gain to Breakeven | 47.0% | 18.2% |
| Time to Breakeven | 188 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -79.0% | -53.4% |
| % Gain to Breakeven | 376.0% | 114.4% |
| Time to Breakeven | 468 days | 1085 days |
In The Past
Domino's Pizza's stock fell -10.1% during the 2025 US Tariff Shock. Such a loss loss requires a 11.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Domino's Pizza (DPZ)
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- Pizzas: The primary product, offered under the Domino's brand name.
- Oven-baked Sandwiches: A range of sandwiches prepared in the oven.
- Pasta: Various pasta dishes available on the menu.
- Chicken Products: Includes boneless chicken and chicken wings.
- Bread and Dips: Side items such as breadsticks and accompanying dips.
- Desserts: Sweet items like cookies or brownies.
- Soft Drinks: Beverages offered to complement meals.
AI Analysis | Feedback
Domino's Pizza (DPZ) primarily sells to its network of independent franchisees. These franchisees are individual businesses (other companies) that operate Domino's stores under licensing agreements. Domino's corporate entity provides these franchisees with franchise rights and sells them ingredients, supplies, and equipment through its supply chain segment. Since these franchisees are typically independent, privately-held businesses, specific names and public symbols for these customer companies cannot be provided.
Domino's Pizza also directly sells its food products, such as pizzas, sandwiches, and desserts, to individual consumers through its company-owned stores, which represent a portion of its total store count.
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Russell Weiner, Chief Executive Officer
Russell Weiner has served as Domino's Chief Executive Officer since May 2022. His previous roles at Domino's include Chief Operating Officer and President - Domino's U.S. (July 2020 - April 2022), Chief Operating Officer and President of the Americas (July 2018), President of Domino's USA (October 2014 - July 2018), and Executive Vice President - Chief Marketing Officer (2008). He led the award-winning "pizza turnaround" campaign and was recognized as Brandweek's 2010 Marketer of the Year. Before joining Domino's in 2008, Mr. Weiner oversaw marketing for Pepsi's North American cola business from 1998 to 2008. He currently serves on the board of directors of The Clorox Company.
Sandeep Reddy, Executive Vice President, Chief Financial Officer
Sandeep Reddy joined Domino's as Executive Vice President – Chief Financial Officer in April 2022. Prior to his tenure at Domino's, he served as Executive Vice President and Chief Financial Officer of Six Flags Entertainment Corp. from July 2020 to April 2022. Before Six Flags, Mr. Reddy was the Chief Financial Officer of GUESS? Inc. from July 2013 to December 2019, and earlier, Vice President and European CFO of GUESS? Inc. from 2010 to 2013. His earlier career included various finance roles at Mattel, Inc. from 1997 to 2010.
Kelly Garcia, Executive Vice President, Chief Technology and Data Officer
Kelly Garcia has served as Domino's Executive Vice President – Chief Technology and Data Officer since March 2025, having previously been Executive Vice President – Chief Technology Officer starting in 2020. He joined Domino's in 2012 as Vice President – eCommerce development. Mr. Garcia has been crucial in developing numerous digital innovations for the company, including the AnyWare ordering platforms, GPS technology, and Carside Delivery applications. Before joining Domino's, he was the Vice President of Business Intelligence and North American Operations for R.L. Polk & Co. from 2004 to 2012. Mr. Garcia also serves on the board of directors for Ulta Beauty Inc.
Joseph Jordan, Chief Operating Officer and President – U.S.
Joseph Jordan has served as Chief Operating Officer and President – Domino's U.S. since March 2025. He previously held the role of President – U.S. and global services starting in May 2022. From April 2018 to April 2022, he served as Executive Vice President – International. Mr. Jordan first joined the Domino's marketing team in September 2011 as Vice President of Innovation.
Frank Garrido, Executive Vice President, Chief Restaurant Officer
Frank Garrido holds the title of Executive Vice President, Chief Restaurant Officer. He was promoted to Executive Vice President – U.S. Operations and Support in March 2021. Mr. Garrido initially joined Domino's in 2017 as a regional vice president. Prior to his time at Domino's, he served as Vice President of Operations for Focus Brands' McAlister's Deli. He also held the position of Executive Vice President of Operations, Training, and Concept Development for Edible Arrangements International.
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The following are key risks to Domino's Pizza's business:-
Intense Competition and Evolving Consumer Preferences: Domino's operates in a highly competitive quick-service restaurant (QSR) industry, facing challenges from other pizza chains, a wide array of fast-food establishments, and the growing influence of third-party food delivery services. Consumers are increasingly price-sensitive and their preferences are shifting towards healthier options, which can impact sales and necessitate continuous innovation from Domino's. The potential impact of GLP-1 weight loss drugs on consumer demand for food, particularly among lower-income consumers, is also identified as a nascent threat.
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Operational Risks, including Labor Shortages and Supply Chain Vulnerabilities: The company faces inherent operational risks within the restaurant industry, such as fluctuations in commodity prices, particularly for key ingredients like cheese, and labor challenges. Labor shortages have been a significant concern, leading to reduced operating hours and longer delivery times in some locations, directly impacting sales and customer service. Furthermore, Domino's relies on a limited number of suppliers for essential ingredients, making it vulnerable to supply chain disruptions or significant price increases. The company also acknowledges risks related to forced and child labor in its supply chains, particularly in agriculture and food manufacturing, for which it has implemented mitigation strategies.
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Dependence on Franchisee Success and Profitability: A substantial portion of Domino's revenue is derived from royalties and fees from its franchised stores, meaning the financial health and operational success of its franchisees are critical to the company's overall performance. Challenges to franchisee profitability, such as rising costs and a softer economic environment, could lead to slower expansion or even closures of franchised stores, especially in international markets where underperformance has been noted. The company's "fortressing" strategy, aimed at increasing market density, also carries the risk of negatively impacting sales at existing stores if not managed carefully.
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- Proliferation of third-party food delivery aggregators (e.g., DoorDash, Uber Eats, Grubhub) that enable a wide array of restaurants to offer convenient delivery, thus diluting Domino's historical competitive advantage in proprietary delivery infrastructure and expanding competition significantly beyond traditional pizza chains.
- Emergence and growth of ghost kitchens and virtual restaurant brands. This business model allows new entrants to compete in the delivery food market, including pizza, with lower overhead costs and greater agility by solely leveraging third-party delivery platforms, potentially introducing more specialized or cost-effective pizza options that challenge Domino's established market position.
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Domino's Pizza (DPZ) operates within the global pizza market and the broader quick service restaurant (QSR) industry. The addressable markets for its main products and services can be sized as follows:
Global Pizza Market
- The global pizza market size was valued at approximately USD 282.91 billion in 2025 and is projected to grow to USD 340.91 billion by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 5.90% during the forecast period.
- Other estimates for the global pizza market size in 2025 range from USD 161.8 billion to USD 219.05 billion.
U.S. Pizza Market
- In the U.S., the pizza restaurant market was valued at approximately USD 49.6 billion in 2024 and USD 49.5 billion in 2025.
- Another report indicates the U.S. pizza market size reached USD 39.0 billion in 2025 and is expected to reach USD 50.7 billion by 2034, growing at a CAGR of 2.95% during 2026-2034.
- A different source states the United States pizza market was approximately USD 22.79 billion in 2025, assessed to grow to USD 34.06 billion by 2035 with a CAGR of 4.10% between 2026 and 2035.
Global Quick Service Restaurant (QSR) Market
- The global quick service restaurants and fast food market was valued at USD 504.53 billion in 2024 and is expected to reach USD 737.51 billion by 2032, at a CAGR of 4.86%.
- However, other reports present significantly higher figures, with some valuing the global QSR market at approximately USD 1.04 trillion in 2025, projected to reach USD 2.5 trillion by 2035 with a CAGR of 9.16% from 2026 to 2035. Another source indicates a value of USD 1.06 trillion in 2025, with projections to rise to USD 2.55 trillion by 2035.
- Conversely, other estimates for the global fast food and quick service restaurant market size were around USD 276.2 billion in 2025, with a projection to reach USD 392.3 billion by 2034.
U.S. Quick Service Restaurant (QSR) Market
- The U.S. fast food and quick services restaurants market size was estimated at USD 242.84 billion in 2024, with projections to reach USD 347.35 billion by 2035.
- Another valuation for the U.S. fast food market was USD 360 billion in 2024, estimated to reach USD 522 billion by 2033.
- North America held a dominating share of the quick service restaurants market with 37% in 2025. North America's QSR market was valued at USD 390.84 billion in 2025 and USD 422.65 billion in 2026.
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Expected Drivers of Future Revenue Growth for Domino's Pizza (DPZ) over the Next 2-3 Years
Domino's Pizza (DPZ) is expected to drive future revenue growth over the next 2-3 years through a multi-faceted strategy that includes global expansion, continuous menu innovation, advancements in its digital platforms, and a focus on its carryout business.
- Global Store Expansion and Market Penetration: Domino's is committed to expanding its physical footprint both internationally and in the U.S. The company anticipates significant international momentum, with franchise partners planning substantial new store openings in high-growth markets like India and China. Domestically, Domino's aims to increase its U.S. restaurant count, with targets of reaching over 7,700 locations by 2028 and a long-term goal of 8,500 U.S. stores. This aggressive store development is a cornerstone of its strategy to increase global market share.
- Menu Innovation and Value Offerings: The company plans to introduce at least two new menu items annually, continually updating its offerings to cater to diverse customer preferences and attract new demographics. Recent successes like the Parmesan Stuffed Crust Pizza have driven increased product mix, new customer acquisition, and franchisee profitability. Additionally, strategic value promotions such as the "Best Deal Ever" platform are crucial for driving order counts and maintaining competitiveness, particularly in a challenging macroeconomic environment.
- Digital Advancement and Customer Loyalty Programs: Domino's leverages technology as a core pillar of its growth strategy, investing in its proprietary end-to-end digital ecosystem. Key initiatives include an enhanced e-commerce platform and the expansion of its Domino's Rewards loyalty program, which has seen substantial growth in active users. The company has also broadened its delivery reach through partnerships with third-party aggregators like Uber Eats and DoorDash, aiming to boost sales and improve customer access.
- Growth in Carryout Business: Domino's has demonstrated strong performance in its carryout segment, which continues to be a significant driver of sales. The company has successfully grown both its carryout and delivery businesses in the U.S., with carryout comparable sales outpacing delivery growth. This focus on the carryout segment is expected to contribute to ongoing same-store sales improvements.
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Share Repurchases
- Domino's Pizza repurchased and retired $354.7 million worth of common stock during fiscal year 2025.
- During the fourth quarter of 2025, the company repurchased $80.0 million in shares.
- As of March 8, 2026, the company had $459.7 million remaining in buyback authorization.
Inbound Investments
- Berkshire Hathaway increased its stake in Domino's Pizza by 12.3%, owning 3.4 million shares in Q4 2025.
Capital Expenditures
- Domino's Pizza spent $120.6 million on capital expenditures in 2025, an increase from $112.9 million in 2024.
- Capital expenditures are expected to be $120 million in 2026, primarily due to planned corporate office investments.
- The company focuses capital on driving higher order volumes, strengthening store-level economics, expanding its store base, and investing in digital ordering, technology, automated kitchen equipment, and electric delivery vehicle (EV) fleets to lower operational costs.
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| 03272026 | DPZ | Domino's Pizza | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -2.5% | -2.5% | -4.5% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 167.10 |
| Mkt Cap | 35.5 |
| Rev LTM | 8,824 |
| Op Inc LTM | 1,727 |
| FCF LTM | 1,544 |
| FCF 3Y Avg | 1,390 |
| CFO LTM | 1,862 |
| CFO 3Y Avg | 1,640 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.0% |
| Rev Chg 3Y Avg | 5.7% |
| Rev Chg Q | 6.9% |
| QoQ Delta Rev Chg LTM | 1.9% |
| Op Inc Chg LTM | 6.2% |
| Op Inc Chg 3Y Avg | 6.8% |
| Op Mgn LTM | 22.9% |
| Op Mgn 3Y Avg | 23.4% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 17.9% |
| CFO/Rev 3Y Avg | 18.6% |
| FCF/Rev LTM | 14.3% |
| FCF/Rev 3Y Avg | 15.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 35.5 |
| P/S | 4.1 |
| P/Op Inc | 15.1 |
| P/EBIT | 14.7 |
| P/E | 31.4 |
| P/CFO | 17.5 |
| Total Yield | 6.9% |
| Dividend Yield | 2.3% |
| FCF Yield 3Y Avg | 3.8% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.5% |
| 3M Rtn | -3.1% |
| 6M Rtn | -8.6% |
| 12M Rtn | -0.9% |
| 3Y Rtn | 17.1% |
| 1M Excs Rtn | -5.2% |
| 3M Excs Rtn | -7.3% |
| 6M Excs Rtn | -15.0% |
| 12M Excs Rtn | -30.3% |
| 3Y Excs Rtn | -64.5% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Supply chain | 2,846 | 2,715 | 2,898 | 2,700 | 2,553 |
| Unites States (U.S) Stores | 1,542 | 1,454 | 1,487 | 1,498 | 1,451 |
| International franchise | 319 | 310 | 295 | 298 | 250 |
| General and administrative - other | 0 | ||||
| Intersegment Revenues | -143 | -139 | -136 | ||
| Total | 4,706 | 4,479 | 4,537 | 4,357 | 4,117 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Unites States (U.S) Stores | 565 | 521 | 439 | 455 | 435 |
| Supply chain | 281 | 245 | 209 | 230 | 238 |
| International franchise | 261 | 260 | 236 | 242 | 198 |
| Refranchising gain (loss) | -0 | -0 | 21 | ||
| Loss on sale/disposal of assets | -2 | -1 | -2 | -1 | -3 |
| Non-cash equity-based compensation expense | -43 | -38 | -29 | -29 | -24 |
| Depreciation and amortization | -88 | -81 | -80 | -73 | -65 |
| General and administrative - other | -95 | -87 | -26 | -43 | -53 |
| Recapitalization-related expenses | 0 | -1 | |||
| Total | 879 | 820 | 768 | 780 | 726 |
Price Behavior
| Market Price | $337.77 | |
| Market Cap ($ Bil) | 11.4 | |
| First Trading Date | 07/13/2004 | |
| Distance from 52W High | -31.0% | |
| 50 Days | 200 Days | |
| DMA Price | $376.22 | $410.59 |
| DMA Trend | down | down |
| Distance from DMA | -10.2% | -17.7% |
| 3M | 1YR | |
| Volatility | 33.0% | 25.3% |
| Downside Capture | 0.43 | 0.35 |
| Upside Capture | -20.77 | 6.11 |
| Correlation (SPY) | 17.7% | 15.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.74 | 0.47 | 0.39 | 0.37 | 0.31 | 0.62 |
| Up Beta | 1.40 | 1.10 | 0.96 | 0.52 | 0.46 | 0.59 |
| Down Beta | -3.52 | 0.22 | 0.26 | 0.22 | 0.04 | 0.56 |
| Up Capture | -28% | -27% | -18% | 8% | 2% | 31% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 12 | 20 | 29 | 58 | 115 | 372 |
| Down Capture | 77% | 90% | 66% | 65% | 74% | 90% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 10 | 23 | 35 | 67 | 137 | 381 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DPZ | |
|---|---|---|---|---|
| DPZ | -30.1% | 25.3% | -1.45 | - |
| Sector ETF (XLY) | 21.3% | 18.8% | 0.90 | 21.6% |
| Equity (SPY) | 30.6% | 12.5% | 1.88 | 15.5% |
| Gold (GLD) | 39.5% | 27.2% | 1.20 | 1.9% |
| Commodities (DBC) | 51.5% | 17.9% | 2.20 | -5.5% |
| Real Estate (VNQ) | 13.1% | 13.5% | 0.67 | 31.0% |
| Bitcoin (BTCUSD) | -17.1% | 42.2% | -0.33 | 1.5% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DPZ | |
|---|---|---|---|---|
| DPZ | -2.1% | 29.5% | -0.04 | - |
| Sector ETF (XLY) | 6.7% | 23.8% | 0.24 | 38.3% |
| Equity (SPY) | 12.8% | 17.1% | 0.59 | 38.5% |
| Gold (GLD) | 20.5% | 17.9% | 0.94 | 6.9% |
| Commodities (DBC) | 14.3% | 19.1% | 0.61 | 6.3% |
| Real Estate (VNQ) | 3.5% | 18.8% | 0.09 | 33.5% |
| Bitcoin (BTCUSD) | 7.7% | 56.2% | 0.35 | 13.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DPZ | |
|---|---|---|---|---|
| DPZ | 11.1% | 30.0% | 0.41 | - |
| Sector ETF (XLY) | 12.7% | 22.0% | 0.53 | 37.6% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 35.1% |
| Gold (GLD) | 13.6% | 15.9% | 0.71 | 6.6% |
| Commodities (DBC) | 9.7% | 17.7% | 0.46 | 7.8% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 26.4% |
| Bitcoin (BTCUSD) | 67.7% | 66.9% | 1.07 | 8.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/23/2026 | 4.1% | 4.7% | -4.1% |
| 10/14/2025 | 3.9% | 3.6% | 0.2% |
| 7/21/2025 | -0.8% | 4.2% | -4.5% |
| 2/24/2025 | -1.5% | 5.9% | 1.2% |
| 10/10/2024 | -1.1% | 3.7% | 8.5% |
| 7/18/2024 | -13.6% | -10.3% | -6.1% |
| 2/26/2024 | 5.8% | 3.1% | 7.6% |
| 10/12/2023 | -1.1% | -2.5% | 4.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 10 |
| # Negative | 10 | 9 | 8 |
| Median Positive | 4.0% | 4.2% | 5.4% |
| Median Negative | -1.5% | -6.5% | -4.5% |
| Max Positive | 14.6% | 11.5% | 18.6% |
| Max Negative | -13.6% | -13.4% | -9.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/27/2026 | 10-Q |
| 12/31/2025 | 02/23/2026 | 10-K |
| 09/30/2025 | 10/14/2025 | 10-Q |
| 06/30/2025 | 07/21/2025 | 10-Q |
| 03/31/2025 | 04/28/2025 | 10-Q |
| 12/31/2024 | 02/24/2025 | 10-K |
| 09/30/2024 | 10/10/2024 | 10-Q |
| 06/30/2024 | 07/18/2024 | 10-Q |
| 03/31/2024 | 04/29/2024 | 10-Q |
| 12/31/2023 | 02/26/2024 | 10-K |
| 09/30/2023 | 10/12/2023 | 10-Q |
| 06/30/2023 | 07/24/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 10/13/2022 | 10-Q |
| 06/30/2022 | 07/21/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Sandeep, Reddy | EVP, Chief Financial Officer | Direct | Sell | 3162026 | 396.50 | 307 | 121,726 | 3,524,488 | Form |
| 2 | Parrish, Jessica L | Direct | Sell | 3162026 | 396.50 | 47 | 18,636 | 1,280,063 | Form | |
| 3 | Headen, Cynthia A | EVP, Chief Supply Chain Offr | Direct | Sell | 3162026 | 396.50 | 738 | 292,617 | 2,461,621 | Form |
| 4 | Sandeep, Reddy | EVP, Chief Financial Officer | Direct | Sell | 3162026 | 391.69 | 253 | 99,098 | 3,601,981 | Form |
| 5 | Parrish, Jessica L | Direct | Sell | 3162026 | 391.69 | 47 | 18,409 | 1,282,944 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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