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Domino's Pizza Enterprises (ASX:DMP) EBIT : A$118 Mil (TTM As of Dec. 2023)


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What is Domino's Pizza Enterprises EBIT?

Domino's Pizza Enterprises's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was A$105 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was A$118 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Domino's Pizza Enterprises's annualized ROC % for the quarter that ended in Dec. 2023 was 8.62%. Domino's Pizza Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 26.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Domino's Pizza Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.43%.


Domino's Pizza Enterprises EBIT Historical Data

The historical data trend for Domino's Pizza Enterprises's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Domino's Pizza Enterprises EBIT Chart

Domino's Pizza Enterprises Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.42 215.74 283.38 250.48 118.77

Domino's Pizza Enterprises Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 144.29 106.19 105.61 13.17 105.15

Competitive Comparison of Domino's Pizza Enterprises's EBIT

For the Restaurants subindustry, Domino's Pizza Enterprises's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Domino's Pizza Enterprises's EV-to-EBIT Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Domino's Pizza Enterprises's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Domino's Pizza Enterprises's EV-to-EBIT falls into.



Domino's Pizza Enterprises EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$118 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Domino's Pizza Enterprises  (ASX:DMP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Domino's Pizza Enterprises's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=310.184 * ( 1 - 30.93% )/( (2504.512 + 2466.193)/ 2 )
=214.2440888/2485.3525
=8.62 %

where

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2879.448 - 378.992 - ( 159.891 - max(0, 594.106 - 590.05+159.891))
=2504.512

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2789.098 - 385.16 - ( 231.236 - max(0, 604.487 - 542.232+231.236))
=2466.193

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Domino's Pizza Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=210.308/( ( (987.669 + max(-34.876, 0)) + (599.315 + max(-129.9, 0)) )/ 2 )
=210.308/( ( 987.669 + 599.315 )/ 2 )
=210.308/793.492
=26.50 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(186.01 + 43.12 + 174.189) - (378.992 + 24.241 + 34.962)
=-34.876

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(189.9 + 49.916 + 71.18) - (385.16 + 25.582 + 30.154)
=-129.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Domino's Pizza Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=118.322/4861.027
=2.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Domino's Pizza Enterprises EBIT Related Terms

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Domino's Pizza Enterprises (ASX:DMP) Business Description

Traded in Other Exchanges
Address
485 Kingsford Smith Drive, Level 1, KSD1, Hamilton, Brisbane, QLD, AUS, 4007
Domino's Pizza Enterprises is engaged in the operation of fast-food pizza outlets and franchise service. The company holds the exclusive master franchise rights for the Domino's brand and network in Australia, New Zealand, Japan, Singapore, Malaysia, Taiwan, Germany, France, Belgium, Luxembourg, and the Netherlands. It entered the German market via a joint venture and acquisition. The Domino's brand is owned by NYSE-listed Domino's Pizza, Inc.

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