Domino's Pizza (DPZ) FY2022 results: revenue $4.5 billion, up 4.1% on the year
Domino's Pizza, Inc. (DPZ) reported revenue of $4.5 billion for fiscal 2022, the year ended 1 January 2023, up 4.1% on the year before. Net income was $452 million, down 11.4%, and diluted earnings per share $12.53. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$4.5 billion
+4.1% on the year
FY2015FY2022
Operating margin
16.9%
17.9% a year earlier
FY2015FY2022
Net income
$452 million
-11.4% on the year
FY2015FY2022
Diluted EPS
$12.53
-7.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
475
654
593
-27.3%
Capital expenditure
87.2
94.2
88.8
-7.4%
Free cash flow
388
560
504
-30.7%
Free cash flow margin
8.6%
12.9%
12.2%
Cash from investing
-53.7
-143
-129
Cash from financing
-516
-523
-446
Depreciation and amortisation
80.3
72.9
65.0
+10.0%
Share-based compensation
28.7
28.7
24.2
+0.1%
Buybacks
294
1,321
305
-77.8%
Dividends paid
158
139
122
+13.0%
Dividend per share
$4.40
$3.76
$3.12
+17.0%
Diluted shares, weighted
36m
38m
40m
-4.2%
Shares outstanding at period end
35m
36m
39m
-2.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-4,189
-4,210
-3,300
Debt
5,022
5,070
4,116
-0.9%
Operating lease liabilities
195
184
202
+5.8%
Finance lease liabilities
70.9
72.2
57.7
-1.9%
Other liabilities
503
554
492
-9.3%
Total liabilities and equity
1,602
1,672
1,567
-4.2%
Fixed assets
302
324
297
-6.7%
Goodwill
11.8
15.0
15.1
-21.8%
Investments
13.4
15.4
13.3
-13.2%
Cash and equivalents
60.4
148
169
-59.3%
Receivables
257
255
245
+0.8%
Inventory
81.6
68.3
66.7
+19.4%
Other assets
875
845
761
+3.5%
Total assets
1,602
1,672
1,567
-4.2%
10-K for the year ended 1 January 2023, filed 23 February 2023: the filing.