FoodBud
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RankingsInsightsMixue SeriesArchiveMethodologyDataSearch中文
FoodBud

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Domino's Pizza Enterprises Limited

Medium
Brand★Golden 50est. scale

ASX DMP.AX · Australia_NZ

Listing status
listed
Operating model
Franchise / master franchise
Scale basis
GMV / system sales
Confidence
Medium
Segment
pizza qsr

澳洲最重要的跨国 QSR 样本之一。FY25 的关键不是增长,而是用 312 家关店、尤其日本 233 家亏损店关闭,修复加盟商 EBITDA、门店密度和资本纪律;看经营质量时应重点比较 network sales/store 与 franchisee EBITDA,而不是只看 revenue。

Scale basis note

Terminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.

Compare this operator
Every number has a source row

Metrics below keep source tier, quality, period, and source link visible at the metric level.

Source tiers
S1Official primary — filings, annual reports, prospectuses
S2Official secondary — IR decks, transcripts
S3Supplementary — vetted media, databases
S0Not usable — flagged, never published

Source tiers — S1 official primary · S2 official secondary · S3 supplementary · S0 not usable. Open “Provenance” on any number for its tier, basis, precision, and do-not-use note.

GMV is not revenue

GMV/system sales, revenue, and royalty pool sales are separate scale bases. Screening proxies are directional only.

MetricValuePeriod / basisQualitySource
Stores
Reported restaurant, coffee shop, tea shop, bakery, or comparable chain units.
3,529 stores
Directional proxy
FY2025: Unverified: no citable primary disclosure with a verbatim excerpt found. FY2025 media release says 'across 12 countries and 3,500 restaurants' (approximate). Exact 3,529 figure not confirmed in accessible text source; ASX annual report PDF
Directional proxy
S2 official secondary (opens in new tab)
Press Or Ir · Unverified: no citable primary disclosure with a verbatim excerpt found. FY2025 media release says 'across 12 countries and 3,500 restaurants' (approximate). Exact 3,529 figure not confirmed in accessible text source; ASX annual report PDF
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Scale
Terminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.
$2.69B
FY2025: Network Sales: $4.15 billion, -$36.8 million (-0.9%) including strategic store closures
GMV / system salesTerminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · Network Sales: $4.15 billion, -$36.8 million (-0.9%) including strategic store closures
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: GMV / system sales
Precision: Estimated
Scale per store
Screening proxy: scale divided by store count. It is not audited AUV or unit profit.
$761,622
Screening proxyest.
Derived scale_per_store using scale ÷ store_count at the linked scale basis; not a separately reported company metric.
GMV / system salesTerminal transaction scale across the network. Useful for franchise reach, not the same as listed-company revenue.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: GMV / system sales
Precision: Derived
Profit signal
Profit signal from the source period. Read with local accounting and segment mix in mind.
$141.07M
FY2025: underlying net profit after tax of $116.9 million for FY25
Profit-positiveScale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S2 official secondary (opens in new tab)
Press Or Ir · underlying net profit after tax of $116.9 million for FY25
Provenance
Tier: S2 official secondary
Source: Press Or Ir
Basis: Profit-positive
Revenue
Source-backed operating metric from the locked research snapshot.
$1.64B
AUD 2.3037B revenue from ordinary activities
Revenue proxyRecognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: Revenue proxy
Precision: Source-backed

Market data (listed companies)

Market valuation · fluctuates · not operational scale · do not compare with GMV / system sales. Listed companies only.

MetricValuePeriod / basisQualitySource
Market cap
Public market capitalization captured in the locked source snapshot.
$1.15B
Directional proxy
May 22, 2026: Unverified: no citable primary disclosure with a verbatim excerpt found. No exact May 22, 2026 market cap data found in accessible sources. Current (Jun 2026) market cap is AUD ~1.60B on 94.75M shares at AUD 16.17. Stored USD 1,146M implies
Market cap (USD)Scale basis not specified. Use as a screening signal until a source pack is attached.
Directional proxy
S3 supplementary (opens in new tab)
Media Or Aggregator · Unverified: no citable primary disclosure with a verbatim excerpt found. No exact May 22, 2026 market cap data found in accessible sources. Current (Jun 2026) market cap is AUD ~1.60B on 94.75M shares at AUD 16.17. Stored USD 1,146M implies
Provenance
Tier: S3 supplementary
Source: Media Or Aggregator
Basis: Market cap (USD)
Precision: Market snapshot · not operational scale
⚠ Do not use for: Market valuation · not operational scale · never compare with GMV/system sales

Operator profile

9/19 source-backed

Classification, firmographics, ownership and operating dimensions — source-backed where disclosed, marked as a gap (never inferred) where not.

Format & positioning
Cuisine (primary)
pizzaS2 official secondary (opens in new tab)
Cuisine (secondary)
not disclosed
Service model
QSRS4 (opens in new tab)
Price tier
valueS4 (opens in new tab)
Company
Founded
1,983S4 (opens in new tab)
HQ country
AustraliaS3 supplementary (opens in new tab)
CEO
not disclosed
Employees
3,233 headcountS3 supplementary (opens in new tab)~
Ownership
Parent
Independent / public-standalone (Domino's Pizza Enterprises Ltd; master franchisee for Domino's in Australia/NZ, Europe, Asia — NOT owned by Domino's Pizza Inc US; ASX:DMP)S4 (opens in new tab)
PE / holding
Somad Holdings Pty Ltd (Meij family vehicle) — largest shareholder ~27% (significant holder, not controlling)S3 supplementary (opens in new tab)~
Recent M&A
not disclosed
Growth
System sales YoY
-0.9%S2 official secondary (opens in new tab)
Revenue YoY
not disclosed
Pricing & digital
Avg check
not disclosed
Digital sales
80.4%S2 official secondary (opens in new tab)
Loyalty members
not disclosed
Franchise terms
Royalty
7%S2 official secondary (opens in new tab)
Franchise fee
$9,100S2 official secondary (opens in new tab)~
By-market footprint
ANZ
891 storesS2 official secondary (opens in new tab)
Asia
1,293 storesS2 official secondary (opens in new tab)
Europe
1,345 storesS2 official secondary (opens in new tab)

Store counts by market/region — footprint context, not a same-basis comparison.

Disclosed store model

disclosed4/5 source-backed

Company-operated vs franchised footprint, AUV and store-level economics — taken verbatim from each operator's own filing, never inferred. A separate axis from company scale and single-store economics.

Company-operated
n.d. (numeric value not in extractable text)
FY25 (as at 29 June 2025)
EstimatedS1 official primary (opens in new tab)
Store-level margin
94,700%
FY25 rolling 12 months (12 months ended 29 June 2025)
Source-backedS1 official primary (opens in new tab)
Store-level margin
95,000%
FY25 rolling 12 months (12 months ended 29 June 2025)
Source-backedS1 official primary (opens in new tab)
New units opened
46 stores
FY25 (12 months ended 29 June 2025)
Source-backedS1 official primary (opens in new tab)
Net refranchised
-312 stores
FY25 (12 months ended 29 June 2025) — store closures (NOT refranchising per se; gross closures)
Source-backedS1 official primary (opens in new tab)

Single-store model

8/8 source-backed

Unit economics are a separate axis from company-level scale — never read as the same number. Each field keeps its source, period, and quality; derived/estimated rows and gaps are marked.

AUV / unit sales
Derived; regional network sales constant-FX while store counts period-end.
Group ~A$1.10m/store (A$4.19b / 3,795). By region (constant-FX network sales / FY24 stores): ANZ A$1,455m/898=~A$1.62m; Europe A$1,604m/1,380=~A$1.16m; Asia A$1,077m/1,517=~A$0.71m.
FY2024 (year ended 30 June 2024)
Source-backedS1 official primary (opens in new tab)
Single-store profit
Sample 72% (ex-Taiwan), understates weak-store variability.
Average Franchise Partner store profitability A$97,400, +6.7% vs FY23; based on 72% of stores submitting P&Ls (ex-Taiwan). Below FY22 (~A$113,500). Group target A$130k EBITDA. Germany store EBITDA highest in group; Japan H2-24 avg store EBITDA more than doubled H2-23.
FY2024 (12-month rolling)
Source-backedS1 official primary (opens in new tab)
Initial investment
Build cost from marketing webpage (ANZ, S2), HTTP 403, read via snippet - indicative.
NOT quantified in FY24 filings (only qualitative: 'not experiencing material build cost increases'; smaller-format stores offset inflation; France build-cost reductions improved paybacks). DPE ANZ franchising site (S2) cites new store ~A$400,000-A$650,000 +GST + initial franchise fee ~A$14,000 +GST.
FY2024
Source-backedS2 official secondary (opens in new tab)
Franchise fee / royalty
7%/6%/A$14k from ANZ franchising site (S2); AR discloses only royalty types, not %.
FY24 filings confirm mechanics not %: 'continuing sales-based royalties and marketing fund royalties' + one-off initial/renewal/transfer fees, franchise terms 2-10 years (AR p.124; A$6.0m initial-fee revenue; A$27.2m deferred franchise-fee contract liabilities). Per DPE franchising site (S2): royalty ~7% of sales + ~6% advertising/marketing fund + ~A$14,000 +GST initial fee.
FY2024
Source-backedS1 official primary (opens in new tab)
Payback period
3 years is a target, not realised by market.
Targets 3-year payback, paired with A$130k store EBITDA (global avg), as threshold for resuming net store growth. FY24: France paybacks 'strongest in three years', Germany 'paybacks now similar to FY22' on improved EBITDA + lower build costs. Expansion 'relies on reducing store paybacks through higher EBITDA'.
FY2024 (target / outlook)
Source-backedS1 official primary (opens in new tab)
Same-store sales
Europe +0.3% / Asia -7.2% are chart values; Group +1.5% & ANZ +7.9% directly printed.
Group SSS +1.5%. By region: ANZ +7.9% (best in 7 years); Europe +0.3% (Germany strong, France weak); Asia -7.2% (Japan -2.5%, Singapore +21.3%, Malaysia negative). FY25 first 7 weeks SSS +2.8%.
FY2024 (year ended 30 June 2024)
Source-backedS1 official primary (opens in new tab)
Store open / close
+12 (Rem Report) vs +13 (store table) differ due to acquisition/reclassification; organic openings 116 cleanest.
Network 3,782 (FY23) -> 3,795 (FY24), +13 net (Remuneration Report states +12). Organic openings 116; closures 103. Openings: Asia +62 (Japan +33, Malaysia +20), Europe +40 (France +16, NL +15), ANZ +14. Closures: Europe -67 (France -38), Asia -23 (Japan -17), ANZ -13. Plus 62 Japan closures flagged for H1 FY25.
FY2024 (year ended 30 June 2024)
Source-backedS1 official primary (opens in new tab)
Company-operated share
Corporate fell 912->863 in FY24 as DPE optimised/refranchised; point-in-time.
Group FY24: 2,932 franchised + 863 corporate = 3,795 -> 77.3% franchised / 22.7% corporate. By region: ANZ 839 fr/59 corp (93.4% fr); Europe 1,309 fr/71 corp (94.9% fr); Asia 784 fr/733 corp (51.7% fr - Japan acquisitions).
FY2024 (at 30 June 2024)
Source-backedS1 official primary (opens in new tab)

Cost structure

5/6 source-backed

Where each revenue dollar goes, latest disclosed year. Slices use each operator's reported base — % of revenue unless the row notes otherwise (% of GMV, restaurant-level, franchise goods-supply COGS). Grey = not separately disclosed. This is a separate axis from company scale and single-store economics.

Food / COGS43.8%
FY2024· % of statutory revenue (corporate/commissary/franchise), NOT network salesS1 official primary (opens in new tab)Source-backed
Ratios on statutory rev AUD2,376.7m NOT network sales AUD4,190m. Food/equipment/packaging 43.8/employee 17.3/occupancy 0.3 (most IFRS16 D&A)/marketing 9.2/royalties 4.7. Underlying EBIT margin 8.7. Mixed ANZ/Europe/Asia/Japan.
Labor17.3%
FY2024S1 official primary (opens in new tab)Source-backed
Ratios on statutory rev AUD2,376.7m NOT network sales AUD4,190m. Food/equipment/packaging 43.8/employee 17.3/occupancy 0.3 (most IFRS16 D&A)/marketing 9.2/royalties 4.7. Underlying EBIT margin 8.7. Mixed ANZ/Europe/Asia/Japan.
Rent / occupancy0.3%
FY2024· explicit occupancy only (most in D&A IFRS16)S1 official primary (opens in new tab)Source-backed
Ratios on statutory rev AUD2,376.7m NOT network sales AUD4,190m. Food/equipment/packaging 43.8/employee 17.3/occupancy 0.3 (most IFRS16 D&A)/marketing 9.2/royalties 4.7. Underlying EBIT margin 8.7. Mixed ANZ/Europe/Asia/Japan.
Delivery commission—
FY2024Gap
Ratios on statutory rev AUD2,376.7m NOT network sales AUD4,190m. Food/equipment/packaging 43.8/employee 17.3/occupancy 0.3 (most IFRS16 D&A)/marketing 9.2/royalties 4.7. Underlying EBIT margin 8.7. Mixed ANZ/Europe/Asia/Japan.
Marketing9.2%
FY2024S1 official primary (opens in new tab)Source-backed
Ratios on statutory rev AUD2,376.7m NOT network sales AUD4,190m. Food/equipment/packaging 43.8/employee 17.3/occupancy 0.3 (most IFRS16 D&A)/marketing 9.2/royalties 4.7. Underlying EBIT margin 8.7. Mixed ANZ/Europe/Asia/Japan.
Operating margin8.7%
FY2024· group_underlying (underlying EBIT/statutory rev)S2 official secondary (opens in new tab)Estimated
Ratios on statutory rev AUD2,376.7m NOT network sales AUD4,190m. Food/equipment/packaging 43.8/employee 17.3/occupancy 0.3 (most IFRS16 D&A)/marketing 9.2/royalties 4.7. Underlying EBIT margin 8.7. Mixed ANZ/Europe/Asia/Japan.
Not separately disclosed20.7%

Supply chain

4 suppliers · 0 with S1 filing

Who supplies this brand — reverse-extracted from each supplier's own filing (top-customer / related-party disclosure). The % is the supplier's revenue share from this brand (supplier-side, not procurement spend), unless a note says otherwise. Each edge keeps its period, source tier, and audit link; named relationships without a disclosed % are shown as such.

Leprino Foods Company
Ingredients
discloses as: Domino's Pizza Enterprises Limited
—named (no % disclosed)S2 citedsource (opens in new tab)
Zipform Packaging
Packaging
discloses as: Domino's Pizza Enterprises Limited
—named (no % disclosed)S2 citedsource (opens in new tab)
Asahi Beverages (Schweppes Australia / Pepsi brands)
Beverage
discloses as: Domino's Pizza Enterprises Limited
—named (no % disclosed)S2 citedsource (opens in new tab)
Coca-Cola Europacific PartnersNASDAQ:CCEP
Beverage
discloses as: Domino's Pizza Enterprises Limited
—named (no % disclosed)S2 citedsource (opens in new tab)

Peers in this segment

Domino's PizzaGMV / system salesPapa JohnsGMV / system salesDomino's Pizza Group plcGMV / system salesPizza Pizza Royalty Corp.GMV / system salesRave Restaurant GroupGMV / system sales

Same segment — each operator keeps its own scale basis; this is navigation, not a like-for-like comparison.