Domino's Pizza (DPZ) FY2016 results: revenue $2.5 billion, up 11.6% on the year
Domino's Pizza, Inc. (DPZ) reported revenue of $2.5 billion for fiscal 2016, the year ended 1 January 2017, up 11.6% on the year before. Net income was $215 million, up 11.4%, and diluted earnings per share $4.30. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2017.
Revenue
$2.5 billion
+11.6% on the year
FY2009FY2016
Operating margin
18.4%
18.3% a year earlier
FY2009FY2016
Net income
$215 million
+11.4% on the year
FY2009FY2016
Diluted EPS
$4.30
+23.9% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
2,473
2,217
1,994
+11.6%
Cost of revenue
1,705
1,533
1,399
+11.2%
Gross profit
768
683
595
+12.4%
Gross margin
31.0%
30.8%
29.8%
Operating income
454
405
345
+12.0%
Operating margin
18.4%
18.3%
17.3%
Interest expense
110
99.5
86.9
+10.6%
Pre-tax income
345
306
259
+12.6%
Income tax
130
113
96.0
+14.6%
Effective tax rate
37.7%
37.0%
37.1%
Net income
215
193
163
+11.4%
Net margin
8.7%
8.7%
8.2%
Diluted EPS
$4.30
$3.47
$2.86
+23.9%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
292
292
192
+0.2%
Capital expenditure
58.6
63.3
70.1
-7.5%
Free cash flow
234
229
122
+2.4%
Free cash flow margin
9.5%
10.3%
6.1%
Cash from investing
-55.3
n/a
n/a
Cash from financing
-376
n/a
n/a
Depreciation and amortisation
38.1
32.4
35.8
+17.6%
Share-based compensation
18.6
17.6
17.6
+5.3%
Buybacks
300
739
82.4
-59.3%
Dividends paid
73.9
80.3
52.8
-8.0%
Dividend per share
$1.52
$1.24
$1.00
+22.6%
Diluted shares, weighted
50m
56m
57m
-10.1%
Shares outstanding at period end
48m
50m
56m
-3.5%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
-1,883
-1,800
-1,219
Debt
2,188
2,241
1,501
-2.4%
Other liabilities
412
359
315
+14.5%
Total liabilities and equity
716
800
596
-10.4%
Fixed assets
139
132
114
+5.0%
Goodwill
16.1
16.1
16.3
-0.2%
Investments
7.3
6.1
4.6
+19.9%
Cash and equivalents
42.8
133
30.9
-67.9%
Receivables
150
132
118
+14.3%
Inventory
40.2
36.9
37.9
+9.0%
Other assets
321
344
274
-6.6%
Total assets
716
800
596
-10.4%
10-K for the year ended 1 January 2017, filed 28 February 2017: the filing.