Domino's Pizza (DPZ) FY2015 results: revenue $2.2 billion, up 11.2% on the year
Domino's Pizza, Inc. (DPZ) reported revenue of $2.2 billion for fiscal 2015, the year ended 3 January 2016, up 11.2% on the year before. Net income was $193 million, up 18.6%, and diluted earnings per share $3.47. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2016.
Revenue
$2.2 billion
+11.2% on the year
FY2009FY2015
Operating margin
18.3%
17.3% a year earlier
FY2009FY2015
Net income
$193 million
+18.6% on the year
FY2009FY2015
Diluted EPS
$3.47
+21.3% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
2,217
1,994
1,802
+11.2%
Cost of revenue
1,533
1,399
1,253
+9.6%
Gross profit
683
595
549
+14.9%
Gross margin
30.8%
29.8%
30.5%
Operating income
405
345
314
+17.4%
Operating margin
18.3%
17.3%
17.4%
Interest expense
99.5
86.9
88.9
+14.6%
Pre-tax income
306
259
225
+18.4%
Income tax
113
96.0
82.1
+18.1%
Effective tax rate
37.0%
37.1%
36.5%
Net income
193
163
143
+18.6%
Net margin
8.7%
8.2%
7.9%
Diluted EPS
$3.47
$2.86
$2.48
+21.3%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
292
192
194
+51.7%
Capital expenditure
63.3
70.1
40.4
-9.7%
Free cash flow
229
122
154
+86.9%
Free cash flow margin
10.3%
6.1%
8.5%
Cash from investing
n/a
n/a
-99.7
Cash from financing
n/a
n/a
-135
Depreciation and amortisation
32.4
35.8
25.8
-9.4%
Share-based compensation
17.6
17.6
22.0
+0.2%
Buybacks
739
82.4
97.1
+796.2%
Dividends paid
80.3
52.8
34.2
+52.0%
Dividend per share
$1.24
$1.00
$0.80
+24.0%
Diluted shares, weighted
56m
57m
58m
-2.5%
Shares outstanding at period end
50m
56m
56m
-10.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
-1,800
-1,219
-1,290
Debt
2,241
1,501
1,536
+49.3%
Other liabilities
359
315
279
+14.0%
Total liabilities and equity
800
596
525
+34.1%
Fixed assets
132
114
97.6
+15.6%
Goodwill
16.1
16.3
16.6
-1.2%
Intangible assets
n/a
n/a
0.1
Investments
6.1
4.6
3.3
+32.0%
Cash and equivalents
133
30.9
14.4
+332.5%
Receivables
132
118
106
+11.1%
Inventory
36.9
37.9
30.3
-2.9%
Other assets
344
274
257
+25.4%
Total assets
800
596
525
+34.1%
10-K for the year ended 3 January 2016, filed 25 February 2016: the filing.