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Side-by-side financial comparison of Domino's (DPZ) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

Domino's is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× WESTERN ALLIANCE BANCORPORATION). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs 12.2%, a 6.4% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs 3.5%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% CAGR vs 3.0%).

Domino's Pizza, Inc. is an American multinational pizza restaurant chain founded in 1960. The corporation is Delaware-domiciled and headquartered at the Domino's Farms office park in Ann Arbor Township, near Ann Arbor, Michigan. As of 2018, Domino's had approximately 15,000 stores, with 5,649 in the United States, 1,500 in India, and 1,249 in the United Kingdom. Domino's has stores in more than 83 countries and 5,701 cities worldwide.

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

DPZ vs WAL — Head-to-Head

Bigger by revenue
DPZ
DPZ
1.1× larger
DPZ
$1.2B
$1.0B
WAL
Growing faster (revenue YoY)
WAL
WAL
+27.5% gap
WAL
31.0%
3.5%
DPZ
Higher net margin
WAL
WAL
6.4% more per $
WAL
18.6%
12.2%
DPZ
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
3.0%
DPZ

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DPZ
DPZ
WAL
WAL
Revenue
$1.2B
$1.0B
Net Profit
$139.8M
$189.2M
Gross Margin
40.4%
Operating Margin
20.0%
Net Margin
12.2%
18.6%
Revenue YoY
3.5%
31.0%
Net Profit YoY
-6.6%
-5.0%
EPS (diluted)
$4.13
$1.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DPZ
DPZ
WAL
WAL
Q1 26
$1.2B
$1.0B
Q4 25
$980.9M
Q3 25
$1.1B
$938.2M
Q2 25
$1.1B
$845.9M
Q1 25
$1.1B
$778.0M
Q4 24
$1.4B
$838.4M
Q3 24
$1.1B
$823.1M
Q2 24
$1.1B
$771.8M
Net Profit
DPZ
DPZ
WAL
WAL
Q1 26
$139.8M
$189.2M
Q4 25
$286.1M
Q3 25
$139.3M
$253.4M
Q2 25
$131.1M
$230.4M
Q1 25
$149.7M
$199.1M
Q4 24
$169.4M
$216.9M
Q3 24
$146.9M
$199.8M
Q2 24
$142.0M
$193.6M
Gross Margin
DPZ
DPZ
WAL
WAL
Q1 26
40.4%
Q4 25
Q3 25
40.1%
Q2 25
40.3%
Q1 25
39.8%
Q4 24
39.2%
Q3 24
39.2%
Q2 24
39.8%
Operating Margin
DPZ
DPZ
WAL
WAL
Q1 26
20.0%
Q4 25
36.3%
Q3 25
19.5%
33.4%
Q2 25
19.7%
34.4%
Q1 25
18.9%
31.7%
Q4 24
19.0%
30.9%
Q3 24
18.4%
30.6%
Q2 24
17.9%
32.1%
Net Margin
DPZ
DPZ
WAL
WAL
Q1 26
12.2%
18.6%
Q4 25
29.2%
Q3 25
12.1%
27.0%
Q2 25
11.4%
27.2%
Q1 25
13.5%
25.6%
Q4 24
11.7%
25.9%
Q3 24
13.6%
24.3%
Q2 24
12.9%
25.1%
EPS (diluted)
DPZ
DPZ
WAL
WAL
Q1 26
$4.13
$1.65
Q4 25
$2.59
Q3 25
$4.08
$2.28
Q2 25
$3.81
$2.07
Q1 25
$4.33
$1.79
Q4 24
$4.89
$1.94
Q3 24
$4.19
$1.80
Q2 24
$4.03
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DPZ
DPZ
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$232.9M
Total DebtLower is stronger
$4.9B
$4.3B
Stockholders' EquityBook value
$7.9B
Total Assets
$1.8B
$98.9B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DPZ
DPZ
WAL
WAL
Q1 26
$232.9M
Q4 25
Q3 25
$139.7M
Q2 25
$272.9M
Q1 25
$304.3M
Q4 24
$186.1M
Q3 24
$189.1M
Q2 24
$283.7M
Total Debt
DPZ
DPZ
WAL
WAL
Q1 26
$4.9B
$4.3B
Q4 25
$1.4B
Q3 25
$4.8B
$2.9B
Q2 25
$3.8B
$2.9B
Q1 25
$3.8B
$1.6B
Q4 24
$3.8B
$2.4B
Q3 24
$5.0B
$1.4B
Q2 24
$5.0B
$436.0M
Stockholders' Equity
DPZ
DPZ
WAL
WAL
Q1 26
$7.9B
Q4 25
$7.7B
Q3 25
$-4.0B
$7.4B
Q2 25
$-4.0B
$7.1B
Q1 25
$-3.9B
$6.9B
Q4 24
$-4.0B
$6.7B
Q3 24
$-4.0B
$6.7B
Q2 24
$-3.9B
$6.3B
Total Assets
DPZ
DPZ
WAL
WAL
Q1 26
$1.8B
$98.9B
Q4 25
$92.8B
Q3 25
$1.7B
$91.0B
Q2 25
$1.8B
$86.7B
Q1 25
$1.9B
$83.0B
Q4 24
$1.7B
$80.9B
Q3 24
$1.8B
$80.1B
Q2 24
$1.9B
$80.6B
Debt / Equity
DPZ
DPZ
WAL
WAL
Q1 26
0.54×
Q4 25
0.18×
Q3 25
0.39×
Q2 25
0.41×
Q1 25
0.23×
Q4 24
0.36×
Q3 24
0.21×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DPZ
DPZ
WAL
WAL
Operating Cash FlowLast quarter
$162.0M
Free Cash FlowOCF − Capex
$147.0M
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
1.16×
TTM Free Cash FlowTrailing 4 quarters
$642.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DPZ
DPZ
WAL
WAL
Q1 26
$162.0M
Q4 25
$-2.7B
Q3 25
$185.4M
$-597.4M
Q2 25
$187.8M
$-357.7M
Q1 25
$179.1M
$-1.7B
Q4 24
$178.0M
$-2.7B
Q3 24
$172.7M
$-1.1B
Q2 24
$150.7M
$-745.8M
Free Cash Flow
DPZ
DPZ
WAL
WAL
Q1 26
$147.0M
Q4 25
Q3 25
$164.0M
Q2 25
$167.3M
Q1 25
$164.3M
Q4 24
$135.9M
Q3 24
$145.6M
Q2 24
$127.2M
FCF Margin
DPZ
DPZ
WAL
WAL
Q1 26
12.8%
Q4 25
Q3 25
14.3%
Q2 25
14.6%
Q1 25
14.8%
Q4 24
9.4%
Q3 24
13.5%
Q2 24
11.6%
Capex Intensity
DPZ
DPZ
WAL
WAL
Q1 26
1.3%
Q4 25
Q3 25
1.9%
Q2 25
1.8%
Q1 25
1.3%
Q4 24
2.9%
Q3 24
2.5%
Q2 24
2.1%
Cash Conversion
DPZ
DPZ
WAL
WAL
Q1 26
1.16×
Q4 25
-9.36×
Q3 25
1.33×
-2.36×
Q2 25
1.43×
-1.55×
Q1 25
1.20×
-8.31×
Q4 24
1.05×
-12.64×
Q3 24
1.18×
-5.35×
Q2 24
1.06×
-3.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DPZ
DPZ

Supply chain$699.0M61%
U.S. franchise royalties and fees$158.0M14%
U.S. franchise advertising$130.5M11%
U.S. Company-owned stores$82.1M7%
International franchise royalties and fees$81.0M7%

WAL
WAL

Segment breakdown not available.

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