AS vs. DPZ: A Head-to-Head Stock Comparison

Updated on July 8, 2025

Here’s a clear look at AS and DPZ, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

AS’s market capitalization stands at 21.53 billion USD, while DPZ’s is 15.48 billion USD, indicating their market valuations are broadly comparable.

AS’s beta of 3.65 points to significantly higher volatility compared to DPZ (beta: 1.12), suggesting AS has greater potential for both gains and losses relative to market movements.

Symbol	AS	DPZ
Company Name	Amer Sports, Inc.	Domino's Pizza, Inc.
Country	FI	US
Sector	Consumer Cyclical	Consumer Cyclical
Industry	Leisure	Restaurants
CEO	Jie Zheng	Russell J. Weiner
Price	38.87 USD	452.18 USD
Market Cap	21.53 billion USD	15.48 billion USD
Beta	3.65	1.12
Exchange	NYSE	NASDAQ
IPO Date	February 1, 2024	July 13, 2004
ADR	No	No

Historical Performance

This chart compares the performance of AS and DPZ by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

AS vs. DPZ: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

AS

4.41%

Leisure Industry

Max: 54.14%
Q3: 27.35%
Median: 10.25%
Q1: -5.82%
Min: -50.57%

AS’s Return on Equity of 4.41% is on par with the norm for the Leisure industry, indicating its profitability relative to shareholder equity is typical for the sector.

DPZ

-17.31%

Restaurants Industry

Max: 83.01%
Q3: 24.17%
Median: 4.72%
Q1: -17.91%
Min: -41.05%

DPZ has a negative Return on Equity of -17.31%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

AS vs. DPZ: A comparison of their ROE against their respective Leisure and Restaurants industry benchmarks.

Return on Invested Capital

AS

4.80%

Leisure Industry

Max: 18.80%
Q3: 12.83%
Median: 9.71%
Q1: -1.45%
Min: -18.12%

AS’s Return on Invested Capital of 4.80% is in line with the norm for the Leisure industry, reflecting a standard level of efficiency in generating profits from its capital base.

DPZ

50.88%

Restaurants Industry

Max: 38.20%
Q3: 18.01%
Median: 7.53%
Q1: 3.71%
Min: -16.20%

DPZ’s Return on Invested Capital of 50.88% is exceptionally high, placing it well beyond the typical range for the Restaurants industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.

AS vs. DPZ: A comparison of their ROIC against their respective Leisure and Restaurants industry benchmarks.

Net Profit Margin

AS

3.70%

Leisure Industry

Max: 14.84%
Q3: 9.75%
Median: 7.51%
Q1: -8.12%
Min: -34.68%

AS’s Net Profit Margin of 3.70% is aligned with the median group of its peers in the Leisure industry. This indicates its ability to convert revenue into profit is typical for the sector.

DPZ

12.84%

Restaurants Industry

Max: 18.42%
Q3: 9.58%
Median: 4.33%
Q1: 1.40%
Min: -4.06%

A Net Profit Margin of 12.84% places DPZ in the upper quartile for the Restaurants industry, signifying strong profitability and more effective cost management than most of its peers.

AS vs. DPZ: A comparison of their Net Profit Margin against their respective Leisure and Restaurants industry benchmarks.

Operating Profit Margin

AS

10.56%

Leisure Industry

Max: 27.89%
Q3: 15.06%
Median: 11.34%
Q1: 2.75%
Min: -10.88%

AS’s Operating Profit Margin of 10.56% is around the midpoint for the Leisure industry, indicating that its efficiency in managing core business operations is typical for the sector.

DPZ

18.57%

Restaurants Industry

Max: 25.80%
Q3: 13.59%
Median: 8.04%
Q1: 2.94%
Min: -4.23%

An Operating Profit Margin of 18.57% places DPZ in the upper quartile for the Restaurants industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

AS vs. DPZ: A comparison of their Operating Margin against their respective Leisure and Restaurants industry benchmarks.

Profitability at a Glance

Symbol	AS	DPZ
Return on Equity (TTM)	4.41%	-17.31%
Return on Assets (TTM)	2.37%	32.38%
Return on Invested Capital (TTM)	4.80%	50.88%
Net Profit Margin (TTM)	3.70%	12.84%
Operating Profit Margin (TTM)	10.56%	18.57%
Gross Profit Margin (TTM)	56.25%	39.50%

Financial Strength

Current Ratio

AS

1.66

Leisure Industry

Max: 2.58
Q3: 2.10
Median: 1.69
Q1: 0.62
Min: 0.31

AS’s Current Ratio of 1.66 aligns with the median group of the Leisure industry, indicating that its short-term liquidity is in line with its sector peers.

DPZ

0.60

Restaurants Industry

Max: 3.56
Q3: 1.94
Median: 0.97
Q1: 0.49
Min: 0.25

DPZ’s Current Ratio of 0.60 aligns with the median group of the Restaurants industry, indicating that its short-term liquidity is in line with its sector peers.

AS vs. DPZ: A comparison of their Current Ratio against their respective Leisure and Restaurants industry benchmarks.

Debt-to-Equity Ratio

AS

0.29

Leisure Industry

Max: 2.86
Q3: 1.42
Median: 0.89
Q1: 0.25
Min: 0.04

AS’s Debt-to-Equity Ratio of 0.29 is typical for the Leisure industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

DPZ

-2.35

Restaurants Industry

Max: 5.12
Q3: 2.53
Median: 1.33
Q1: 0.59
Min: 0.08

DPZ has a Debt-to-Equity Ratio of -2.35, which indicates negative shareholder equity where liabilities exceed assets. This is a critical sign of financial distress.

AS vs. DPZ: A comparison of their D/E Ratio against their respective Leisure and Restaurants industry benchmarks.

Interest Coverage Ratio

AS

3.15

Leisure Industry

Max: 10.99
Q3: 6.49
Median: 2.98
Q1: 0.15
Min: -5.46

AS’s Interest Coverage Ratio of 3.15 is positioned comfortably within the norm for the Leisure industry, indicating a standard and healthy capacity to cover its interest payments.

DPZ

11.10

Restaurants Industry

Max: 11.10
Q3: 7.32
Median: 4.00
Q1: 2.29
Min: 1.00

DPZ’s Interest Coverage Ratio of 11.10 is in the upper quartile for the Restaurants industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

AS vs. DPZ: A comparison of their Interest Coverage against their respective Leisure and Restaurants industry benchmarks.

Financial Strength at a Glance

Symbol	AS	DPZ
Current Ratio (TTM)	1.66	0.60
Quick Ratio (TTM)	0.80	0.56
Debt-to-Equity Ratio (TTM)	0.29	-2.35
Debt-to-Asset Ratio (TTM)	0.18	2.77
Net Debt-to-EBITDA Ratio (TTM)	1.75	5.16
Interest Coverage Ratio (TTM)	3.15	11.10

Growth

The following charts compare key year-over-year (YoY) growth metrics for AS and DPZ. These metrics are based on the companies’ annual financial reports.

Revenue Growth

AS vs. DPZ: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

AS vs. DPZ: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

AS vs. DPZ: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

AS

0.00%

Leisure Industry

Max: 3.83%
Q3: 0.15%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

DPZ

1.44%

Restaurants Industry

Max: 10.46%
Q3: 2.49%
Median: 1.37%
Q1: 0.00%
Min: 0.00%

DPZ’s Dividend Yield of 1.44% is consistent with its peers in the Restaurants industry, providing a dividend return that is standard for its sector.

AS vs. DPZ: A comparison of their Dividend Yield against their respective Leisure and Restaurants industry benchmarks.

Dividend Payout Ratio

AS

0.00%

Leisure Industry

Max: 91.69%
Q3: 14.53%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

DPZ

34.58%

Restaurants Industry

Max: 110.09%
Q3: 54.11%
Median: 17.30%
Q1: 0.00%
Min: 0.00%

DPZ’s Dividend Payout Ratio of 34.58% is within the typical range for the Restaurants industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

AS vs. DPZ: A comparison of their Payout Ratio against their respective Leisure and Restaurants industry benchmarks.

Dividend at a Glance

Symbol	AS	DPZ
Dividend Yield (TTM)	0.00%	1.44%
Dividend Payout Ratio (TTM)	0.00%	34.58%

Valuation

Price-to-Earnings Ratio

AS

107.87

Leisure Industry

Max: 50.94
Q3: 41.43
Median: 24.00
Q1: 14.24
Min: 11.70

At 107.87, AS’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Leisure industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

DPZ

25.77

Restaurants Industry

Max: 80.02
Q3: 47.50
Median: 25.49
Q1: 18.87
Min: 6.59

DPZ’s P/E Ratio of 25.77 is within the middle range for the Restaurants industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

AS vs. DPZ: A comparison of their P/E Ratio against their respective Leisure and Restaurants industry benchmarks.

Forward P/E to Growth Ratio

AS

4.82

Leisure Industry

Max: 5.65
Q3: 3.47
Median: 1.94
Q1: 1.14
Min: 0.00

A Forward PEG Ratio of 4.82 places AS in the upper quartile for the Leisure industry. This suggests the stock is potentially expensive compared to its peers relative to its growth forecast, which may warrant caution.

DPZ

2.88

Restaurants Industry

Max: 5.62
Q3: 3.07
Median: 2.17
Q1: 1.21
Min: 0.01

DPZ’s Forward PEG Ratio of 2.88 is within the middle range of its peers in the Restaurants industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.

AS vs. DPZ: A comparison of their Forward PEG Ratio against their respective Leisure and Restaurants industry benchmarks.

Price-to-Sales Ratio

AS

3.95

Leisure Industry

Max: 4.00
Q3: 2.41
Median: 1.45
Q1: 1.18
Min: 0.36

AS’s P/S Ratio of 3.95 is in the upper echelon for the Leisure industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

DPZ

3.27

Restaurants Industry

Max: 6.46
Q3: 3.53
Median: 2.09
Q1: 0.83
Min: 0.19

DPZ’s P/S Ratio of 3.27 aligns with the market consensus for the Restaurants industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

AS vs. DPZ: A comparison of their P/S Ratio against their respective Leisure and Restaurants industry benchmarks.

Price-to-Book Ratio

AS

4.18

Leisure Industry

Max: 5.76
Q3: 4.55
Median: 3.57
Q1: 2.69
Min: 0.30

AS’s P/B Ratio of 4.18 is within the conventional range for the Leisure industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

DPZ

-7.07

Restaurants Industry

Max: 21.36
Q3: 11.74
Median: 4.38
Q1: 1.93
Min: 0.75

DPZ has a negative P/B Ratio of -7.07, indicating its liabilities exceed its assets and result in negative shareholder equity. This is a critical warning sign of financial distress.

AS vs. DPZ: A comparison of their P/B Ratio against their respective Leisure and Restaurants industry benchmarks.

Valuation at a Glance

Symbol	AS	DPZ
Price-to-Earnings Ratio (P/E, TTM)	107.87	25.77
Forward PEG Ratio (TTM)	4.82	2.88
Price-to-Sales Ratio (P/S, TTM)	3.95	3.27
Price-to-Book Ratio (P/B, TTM)	4.18	-7.07
Price-to-Free Cash Flow Ratio (P/FCF, TTM)	89.77	27.02
EV-to-EBITDA (TTM)	35.61	21.45
EV-to-Sales (TTM)	4.15	4.31