| DOM Stock | | | 340.20 1.00 0.29% |
Dominos Pizza financial indicator trend analysis is much more than just examining Dominos Pizza Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominos Pizza Group is a good investment. Please check the relationship between Dominos Pizza Gross Profit and its Operating Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For information on how to trade Dominos Stock refer to our
How to Trade Dominos Stock guide.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dominos Pizza Group Gross Profit account and
Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dominos Pizza's Gross Profit and Operating Income is 0.85. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Dominos Pizza Group, assuming nothing else is changed. The correlation between historical values of Dominos Pizza's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Dominos Pizza Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Dominos Pizza's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dominos Pizza Group minus its cost of goods sold. It is profit before Dominos Pizza operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Operating Income
Operating Income is the amount of profit realized from Dominos Pizza Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dominos Pizza Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Dominos Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominos Pizza Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For information on how to trade Dominos Stock refer to our
How to Trade Dominos Stock guide.The current year's
Selling General Administrative is expected to grow to about 169.8
M, whereas
Tax Provision is forecasted to decline to about 20
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 268.6M | 273.5M | 305.5M | 320.8M | Total Revenue | 560.8M | 600.3M | 679.8M | 713.8M |
Dominos Pizza fundamental ratios Correlations
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Dominos Pizza Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dominos Pizza fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Dominos Stock
Balance Sheet is a snapshot of the
financial position of Dominos Pizza Group at a specified time, usually calculated after every quarter, six months, or one year. Dominos Pizza Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dominos Pizza and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dominos currently owns. An asset can also be divided into two categories, current and non-current.