What Was Domino’s Pizza Stock’s All-Time High Peak?

Domino's delivers piping-hot returns that outpace even their 30-minute guarantee.

The slice-by-slice breakdown

Domino's stock hit its stratospheric peak when digital ordering transformed the pizza game. The chain's tech-forward approach—mobile apps, delivery tracking—propelled shares beyond Wall Street's cheesiest expectations.

Peak performance metrics

While legacy restaurants struggled, Domino's leveraged data analytics and store-level efficiency to achieve valuation multiples that made traditional pizza investors blush. Their digital transformation story became a case study in adapting old-world businesses to new-world demands.

Why the peak matters beyond pizza

The stock's trajectory mirrors broader shifts in consumer behavior—where convenience trumps tradition and digital natives reward operational transparency. Domino's proved even comfort food isn't immune to disruption.

Of course, every all-time high comes with a disclaimer: past performance doesn't guarantee future returns—especially when your business model competes with ghost kitchens and aggregator apps that treat pizza as mere bytes and algorithms. Because nothing says 'stable investment' like a company whose primary product gets cold in 20 minutes.

Image source: Getty Images.

Domino's record high

Domino's closing record high occurred on Dec. 31, 2021, when it closed at $564.33 per share.

It made its one and only surge above $500 per share in November 2021, a time when many stocks had peaked during the 2021 bull market. Unfortunately, the stock slipped below the $500 per share mark on Jan. 11, 2022, never to return. Rising costs due to inflation, a delivery driver shortage, and slowing international sales also contributed to the declines.

Nearly four years after its peak, the stock is down approximately 25% from its all-time high. Nonetheless, investors have reason to believe it can eventually set a new record.

On the business side, a digital-first approach and partnerships with(NASDAQ: DASH) and's (NYSE: UBER) Uber Eats make ordering from Domino's easier. Additionally, offerings such as Parmesan-stuffed crust and promotions could motivate hungry customers to choose Domino's.

From an investor perspective, Domino's has a P/E ratio of 25, and its current $6.96 per share annual payout has a dividend yield of about 1.6%, well above theindex average of 1.2%. Also, Warren Buffett's(NYSE: BRK.A) (NYSE: BRK.B) became shareholders last year, another factor that could attract more investor interest.

Indeed, Domino's stock is nearly four years removed from its record high. Still, its options for business growth, a relatively low valuation, and its rising dividend could eventually take its stock back to its record high and beyond.