Reading the tape
NASDAQ: DPZ
Domino's Pizza, Inc.
Consumer Cyclical · Restaurants
Market Cap
$11.23B
52w High
$499.08
52w Low
$326.54
P/E
19.30
Volume
677.30K
Outstanding Shares
33.26M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
1Y Price: -29.83%Revenue (TTM): 5.17%FCF (TTM): 14.14%P/FCF: 0th pct
What changed
The stock fell 29.83% over the last year. Revenue grew 5.17% over the trailing twelve months. Operating margin moved from 18.57% to 19.59%. Free cash flow grew 14.14% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently 19.59%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally.
CEORussell J. Weiner
SectorConsumer Cyclical
IndustryRestaurants
Employees10,200
IPO dateJul 13, 2004
Valuation
Forward P/E—
EV/EBITDA18.04
Enterprise value$19.12B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth3.47%
Gross margin40.07%▲1.72%vs FY2024
Operating margin19.59%▲3.40%vs FY2024
ROE-15.42%▼4.62%vs FY2024
Analyst consensus
RatingBuy
Target price$427.06▲26.44%
28
Buy
23
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 20, 2026
Q3 FY26 · EPS est $4.26 · Revenue est $1.19B
View
Dividends
$7.46/shareQuarterlyDividend Achiever · 12yrSafeDPZ pays a dividend with a 2.21% declared yield, 12 consecutive years of growth, growing at 16.74% annually, covered 2.8× by free cash flow.
Declared Yield
2.21%
Annual Div / Share
$7.46
TTM $7.21
5yr CAGR
+16.74%
Doubles every ~4.5yr
Payout Ratio
40.16%
Safe
Dividend Growth Rate
3yr CAGR
+17.32%
5yr CAGR
+16.74%
10yr CAGR
+18.38%
Dividend Safety
9/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$7.46+14.8%
2025$6.50+19.5%
2024$5.44+17.7%
2023$4.62+13.2%
2022$4.08+18.6%
2021$3.44+20.3%
2020$2.86+19.2%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$22/yr
$2/mo
In 5 yrs
$39/yr+76%
$3/mo
In 10 yrs
$69/yr+211%
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$22/yr $2/mo | $39/yr+76% $3/mo | $69/yr+211% $6/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 2.21% → 6.86% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
DPZ has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 2.8× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 16.74% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.