Latest revenue
$1.15B
as of 2026-03-22
Latest net income
$139.8M
as of 2026-03-22
Net margin
12.2%
as of 2026-03-22
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $10.53B
- Enterprise value
- $15.18B
- P/E (trailing)
- 17.5×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 2.3%
- 52-wk high
- $496.00
- 52-wk low
- $297.48
- Beta
- —
- Shares out
- 33.3M
5-year trend
What this company does
Domino's Pizza runs the world's largest pizza delivery and carryout chain, operating through a heavily franchised model with roughly 21,000 stores across the U.S. and international markets. The company makes most of its money by selling food, equipment, and supplies to franchisees through its supply chain segment (about 60% of revenue), supplemented by U.S. and international franchise royalties plus a small base of company-owned stores. Revenue grew 6% year-over-year to $3.26 billion through three quarters with net income up 15% to $415 million, while the company carries roughly $5 billion in long-term debt and a $4 billion stockholders' deficit driven by years of recapitalizations and buybacks.
Key risks
- Highly leveraged: $4.97B long-term debt against $3.98B stockholders' deficit; interest expense $135M YTD consumes ~22% of operating income.
- Franchise/supply-chain dependent model: supply chain ($1.97B) and franchise royalties drive revenue; any franchisee health deterioration directly hits results.
- DPC Dash (China) equity exposure of $162M; $18.9M unrealized gain YTD makes earnings sensitive to Chinese market sentiment.
Profitability
Gross margin
40.0%
1.7%Operating margin
19.3%
3.4%Net margin
12.2%
1.9%Return on equity
-15.2%
5.8%Return on assets
35.1%
4.2%Leverage
Debt / equity
-1.43×
0.5%Long-term debt / equity
-1.21×
29.2%Debt / assets
330.8%
1.0%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-22 | $1.15B | +3.5% | $139.8M | -6.6% | 12.2% |
Q4 2025 2025-12-28 | $1.54B | +6.4% | $181.6M | +7.2% | 11.8% |
Q3 2025 2025-09-07 | $1.15B | +6.2% | $139.3M | -5.2% | 12.1% |
Q2 2025 2025-06-15 | $1.15B | +4.3% | $131.1M | -7.7% | 11.4% |
Q1 2025 2025-03-23 | $1.11B | +2.5% | $149.7M | +18.9% | 13.5% |
Q4 2024 2024-12-29 | $1.44B | — | $169.4M | — | 11.7% |
Q3 2024 2024-09-08 | $1.08B | +5.1% | $146.9M | -0.5% | 13.6% |
Q2 2024 2024-06-16 | $1.10B | +7.1% | $142.0M | +29.8% | 12.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Wholesale-Groceries & Related Products · SIC 5140
Your notes
Keep private notes on DPZ — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$0
Insider selling
$5.4M
Net activity
−$5.4M
Distinct insiders
5
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns DPZ
Institutional value
$5.68B
Total shares held
16.3M
Distinct holders
549
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.4M | $849.5M | — | New |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 2.0M | $714.5M | — | New |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.8M | $646.6M | — | New |
| 4 | Invesco Ltd. | 1.2M | $448.3M | — | New |
| 5 | Boston Partners | 587.2K | $210.7M | — | New |
| 6 | UBS Group AG | 484.1K | $173.7M | — | New |
| 7 | ENVESTNET ASSET MANAGEMENT INC | 320.3K | $114.9M | — | New |
| 8 | TD ASSET MANAGEMENT INC | 290.6K | $104.3M | — | New |
| 9 | Champlain Investment Partners, LLC | 285.4K | $102.4M | — | New |
| 10 | Nuveen, LLC | 277.0K | $99.4M | — | New |
| 11 | LOS ANGELES CAPITAL MANAGEMENT LLC | 266.8K | $95.7M | — | New |
| 12 | Bank of New York Mellon Corp | 236.3K | $84.8M | — | New |
| 13 | JENNISON ASSOCIATES LLC | 200.4K | $71.9M | — | New |
| 14 | BNP PARIBAS FINANCIAL MARKETS | 178.6K | $64.1M | — | New |
| 15 | VANGUARD FIDUCIARY TRUST CO | 175.7K | $63.1M | — | New |
| 16 | JPMORGAN CHASE & CO | 176.6K | $62.3M | — | New |
| 17 | DIMENSIONAL FUND ADVISORS LP | 170.4K | $61.1M | — | New |
| 18 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 154.8K | $55.5M | — | New |
| 19 | Legal & General Group Plc | 145.3K | $52.1M | — | New |
| 20 | DEUTSCHE BANK AG\ | 141.3K | $50.7M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With $4.97B long-term debt against negative $3.98B stockholders' equity, what leverage ceiling triggers a refinancing or rating action before 2025 maturities?
- 2
Supply chain gross margin compressed to ~11% on $1.97B revenue YTD—how much is commodity inflation versus franchisee pricing concessions, and is this the new run-rate?
- 3
DPC Dash investment is marked at $162M with $18.9M unrealized gain YTD; what's your exposure if China same-store sales reverse and how is fair value tested?