UK master franchisee operating Domino's Pizza stores across the UK and Ireland.
UK master franchisee operating Domino's Pizza stores across the UK and Ireland.
Independent franchisees run most of the stores, and the group earns by selling them dough, cheese and packaging through its own supply chain and by collecting a royalty on their sales, then paying a licence fee itself to the US brand owner, Domino's Pizza Inc.
In one line: The UK/Irish franchisee of Domino's Pizza (DPZ).
Moat: narrow (brand, distribution, installed base). Exclusive UK/Ireland master franchise rights to a globally recognized pizza delivery brand.
Headquarters: Milton Keynes, UK · Founded: 1985 · Employees: 2,592
Size Domino's Pizza (DOM.L) is a United Kingdom Consumer Discretionary company (Restaurants) with a market value of $1.19B, the 207th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £231.00 on 6 Nov 2026.
Performance Over six months the shares gained 23.5%, against +18.1% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 5.7% over the last twelve months (peer median +6.0%); the operating margin is 14.7% (peer median 5.7%).
Valuation It trades at 13.1× forward earnings against a peer median of 22.5× (3rd cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 6.4 points above its cost of capital (11.0% WACC).
Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £708M | £685M | £664M | £680M | £600M |
| Revenue growth | — | +3% | -2% | +13% | — |
| Gross profit | £308M | £301M | £312M | £306M | £266M |
| EBITDA | £134M | £131M | £136M | £134M | £121M |
| Net income | £59.4M | £58.6M | £90.2M | £115M | £81.6M |
| Free cash flow | £83.7M | £69.5M | £75.5M | £90.6M | £69.8M |
| Capital expenditure | £33.9M | £24.1M | £18.5M | £20.8M | £19.7M |
| Total debt | n/a | £549M | £547M | £515M | £507M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | DOM.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.6% | +3.6% | 11th highest of 21 |
| 6-month return | +23.5% | +18.1% | 9th highest of 21 |
| Distance from 52-week high | -3.1% | -11.4% | 2nd highest of 21 |
| Revenue growth (TTM) | +5.7% | +6.0% | 11th highest of 21 |
| Operating margin | 14.7% | 5.7% | 4th highest of 21 |
| Forward P/E | 13.1× | 22.5× | 3rd cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 9.5% | 7.7% | 10th most demanding of 20 |
| Growth delivered (Del g) | +6.3% | +12.4% | 5th lowest of 20 |
| Hurdle (Req g minus delivered) | +3.2 pp | -2.6 pp | 8th most demanding of 20 |
| ROIC minus cost of capital | +6.4 pp | +0.7 pp | 6th highest of 21 |
| EV / EBITDA | 10.5× | 11.8× | 6th cheapest of 17 |
| Net debt / EBITDA | 4.0× | 2.5× | 6th most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Domino's Pizza DOM.L | United Kingdom | $1.19B | +24% | +6% | 15% | 13.1× | 9.5% | +6.3% |
| BJ's Restaurants BJRI | United States | $1.18B | +30% | +4% | 3% | 22.5× | 26.8% | +12.4% |
| Xiaocaiyuan International 0999.HK | Hong Kong | $1.17B | +16% | +3% | 15% | 13.1× | -9.6% | +15.8% |
| Ohsho Food Service 9936.T | Japan | $1.11B | -1% | 0% | 7% | 27.5× | 4.2% | +7.7% |
| Westlife Foodworld WESTLIFE.NS | India | $1.08B | +31% | +10% | 5% | 343.5× | 49.0% | +21.7% |
| Guangzhou Restaurant 603043.SS | China | $1.31B | 0% | +9% | 11% | 17.3× | -3.5% | +10.4% |
| Ichibanya 7630.T | Japan | $1.06B | +21% | +8% | 6% | 57.3× | 12.2% | +8.2% |
| J D Wetherspoon JDW.L | United Kingdom | $1.33B | +69% | +5% | 5% | 19.6× | 7.7% | +23.7% |
| Doutor Nichires 3087.T | Japan | $1.03B | +33% | +8% | 7% | 16.3× | -4.7% | +10.6% |
| Biglari BH | United States | $1.01B | +5% | +8% | 5% | n/a | 22.1% | -1.8% |
| Sweetgreen SG | United States | $1.43B | +72% | -1% | -18% | n/a | n/a | n/a |
| Cracker Barrel Old Country Store CBRL | United States | $1.45B | +106% | -5% | 0% | 30.3× | 14.0% | +3.3% |
| Arcos Dorados ARCO | United States | $1.45B | -23% | +11% | 6% | 9.1× | -3.5% | +18.7% |
| Domino's Pizza Enterprises DMP.AX | Australia | $1.48B | +48% | -11% | 5% | 16.9× | 17.9% | -1.4% |
| Monogatari 3097.T | Japan | $1.50B | +43% | +22% | 8% | 25.4× | 2.0% | +18.8% |
| Colowide 7616.T | Japan | $1.51B | +21% | +16% | 4% | n/a | 13.6% | +12.3% |
| Wendy's WEN | United States | $1.55B | +12% | -1% | 13% | 17.9× | 2.4% | +4.7% |
| Royal 8179.T | Japan | $887M | +5% | +7% | 5% | 24.6× | 5.7% | +14.4% |
| Travel Food Services TRAVELFOOD.NS | India | $1.63B | -6% | -2% | 30% | 31.7× | 13.0% | +15.6% |
| KOMEDA 3543.T | Japan | $859M | -4% | +13% | 17% | 19.2× | -0.7% | +14.7% |
| Kura Sushi 2695.T | Japan | $848M | -2% | +4% | 1% | 48.1× | 21.5% | +12.5% |