Question 1

What is Domino's Pizza's P/FCF ratio?

Accepted Answer

Domino's Pizza (DPZ) P/FCF ratio is 16.3× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Domino's Pizza?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Domino's Pizza specifically, the relevant sector benchmark is the current sector median of 17.1×.

Question 5

Is Domino's Pizza's P/FCF ratio high or low?

Accepted Answer

Domino's Pizza's P/FCF ratio of 16.3× is below its own 5-year average of 28.2× and below the sector median of 17.1×. That places the current reading at the 3th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Domino's Pizza's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Domino's Pizza (DPZ) P/FCF ratio has ranged from a low of 4.8× in 2008 to a high of 55.0× in 2008. The 5-year average is 28.2× and the 5-year median is 29.3×.

Question 7

What was Domino's Pizza's P/FCF ratio in 2025?

Accepted Answer

Domino's Pizza (DPZ) P/FCF ratio at the end of 2025 was 21.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Domino's Pizza's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$14.3B	$672M	21.3×	-7.1×	Dec 28, 2025
2024	$14.6B	$512M	28.5×	-1.0×	Dec 29, 2024
2023	$14.3B	$485M	29.5×	-2.1×	Dec 31, 2023
2022	$12.3B	$388M	31.6×	-4.8×	Dec 31, 2022
2021	$20.4B	$560M	36.4×	+6.8×	Dec 31, 2021
2020	$14.9B	$504M	29.6×	+1.8×	Dec 31, 2020
2019	$11.4B	$411M	27.8×	-9.2×	Dec 31, 2019
2018	$10.2B	$274M	37.0×	+4.5×	Dec 31, 2018
2017	$8.11B	$249M	32.6×	-0.9×	Dec 31, 2017
2016	$7.66B	$229M	33.5×	+9.2×	Dec 31, 2016
2015	$5.54B	$229M	24.3×	-18.5×	Dec 31, 2015
2014	$5.23B	$122M	42.8×	+17.5×	Dec 31, 2014
2013	$3.88B	$154M	25.3×	+8.7×	Dec 31, 2013
2012	$2.44B	$147M	16.6×	+1.6×	Dec 31, 2012
2011	$1.92B	$129M	14.9×	+5.8×	Dec 31, 2011
2010	$944M	$103M	9.2×	+3.0×	Dec 31, 2010
2009	$484M	$78.4M	6.2×	+1.4×	Dec 31, 2009
2008	$266M	$55.8M	4.8×	-14.4×	Dec 31, 2008
2007	$802M	$41.8M	19.2×	+3.9×	Dec 31, 2007
2006	$1.73B	$113M	15.3×	+1.1×	Dec 31, 2006
2005	$1.6B	$113M	14.2×	-2.3×	Dec 31, 2005
2004	$1.22B	$73.7M	16.6×	—	Dec 31, 2004


DraftKings (DKNG)	15.5×
Avery Dennison (AVY)	15.2×
Wynn Resorts (WYNN)	15.1×
NVR (NVR)	14.9×
Booking Holdings (BKNG)	14.7×
D.R. Horton (DHI)	14.2×
V.F. (VFC)	12.6×
Deckers Outdoor (DECK)	12.0×
Carnival Corporation (CCL)	11.9×
Lululemon Athletica (LULU)	11.6×
Toll Brothers (TOL)	11.1×
Hasbro (HAS)	9.8×
PDD Holdings (PDD)	9.5×
LKQ (LKQ)	9.3×
KB Home (KBH)	8.8×
Mohawk Industries (MHK)	8.4×
MercadoLibre (MELI)	8.2×
Best Buy Co. (BBY)	7.9×
Etsy (ETSY)	7.2×
Leggett & Platt (LEG)	6.6×
Weyco Group (WEYS)	6.2×
Expedia Group (EXPE)	6.0×
MGM Resorts (MGM)	5.5×
Ford Motor (F)	4.8×
General Motors (GM)	4.3×

P/FCF Ratio for Domino's Pizza (DPZ) 2004-2026

P/FCF Ratio daily chart for Domino's Pizza (DPZ)

Historical P/FCF Ratio for Domino's Pizza (DPZ) from 2004 to 2025

About P/FCF Ratio at Domino's Pizza (DPZ)

Domino's Pizza P/FCF Ratio by Year

Domino's Pizza P/FCF Ratio 2025: 21.3×

Domino's Pizza P/FCF Ratio 2024: 28.5×

Domino's Pizza P/FCF Ratio 2023: 29.5×

Domino's Pizza P/FCF Ratio 2022: 31.6×

Domino's Pizza P/FCF Ratio 2021: 36.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Domino's Pizza (DPZ) Key Financials