PZZA · Papa Johns International Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $478.61M | - | $508.15M | $529.17M | $518.31M | - | $506.81M | $507.89M | $513.92M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $56.00M | - | $56.48M | $70.12M | $65.17M | - | $13.55M | $57.71M | $58.46M | - |
| Total Operating Expenses | $457.85M | - | $491.98M | $504.68M | $494.34M | - | $441.58M | $479.67M | $480.20M | - |
| D&A | $17.73M | - | - | - | $18.34M | - | $17.26M | $17.59M | $17.67M | - |
| Operating Income | $20.76M | - | $16.17M | $24.49M | $23.96M | - | $65.23M | $28.23M | $33.72M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $4.14M | - | $1.75M | $4.24M | $4.54M | - | $12.81M | $4.79M | $7.74M | - |
| Net Income | $7.25M | - | $4.71M | $9.53M | $9.22M | - | $41.81M | $12.24M | $14.64M | - |
| EPS - Basic | $0.21 | - | $0.14 | $0.28 | $0.28 | - | $1.28 | $0.37 | $0.45 | - |
| EPS - Diluted | $0.21 | - | $0.13 | $0.28 | $0.27 | - | $1.27 | $0.37 | $0.44 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $39.04M | $34.59M | $38.97M | $33.30M | $44.01M | $37.95M | $17.55M | $24.30M | $27.77M | $40.59M |
| Accounts Receivable | $100.66M | $103.07M | $104.38M | $103.90M | $99.91M | $101.68M | $101.80M | $93.46M | $94.51M | $104.24M |
| Inventory | $36.20M | $34.34M | $35.76M | $37.47M | $37.20M | $35.24M | $36.49M | $37.66M | $38.07M | $36.13M |
| Accounts Payable | $67.37M | $61.22M | $70.38M | $74.56M | $68.94M | $61.84M | $62.80M | $63.73M | $61.01M | $74.95M |
| Current Assets | $240.41M | $237.43M | $270.84M | $238.79M | $242.12M | $230.60M | $215.86M | $225.74M | $225.93M | $231.02M |
| Total Assets | $831.93M | $837.51M | $884.10M | $890.44M | $898.09M | $888.95M | $860.88M | $838.43M | $847.17M | $875.00M |
| Current Liabilities | $284.71M | $290.99M | $310.83M | $292.72M | $282.90M | $277.96M | $270.52M | $275.22M | $282.63M | $304.60M |
| Long-term Debt | $727.34M | $710.44M | $727.13M | $726.28M | $741.93M | $741.65M | $721.36M | $758.86M | $761.32M | $757.42M |
| Total Liabilities | $1.27B | $1.27B | $1.31B | $1.31B | $1.31B | $1.30B | $1.28B | $1.28B | $1.29B | $1.32B |
| Stockholders' Equity | ($449.12M) | ($444.75M) | ($439.31M) | ($432.00M) | ($431.93M) | ($429.53M) | ($430.93M) | ($461.66M) | ($461.86M) | ($459.09M) |
| Retained Earnings | $202.60M | $210.76M | $219.04M | $229.87M | $235.79M | $241.72M | $242.27M | $215.80M | $218.61M | $219.03M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.22M | - | - | - | $31.34M | - | - | - | $11.99M | - |
| Investing Cash Flow | ($5.16M) | - | - | - | ($7.08M) | - | - | - | ($10.15M) | - |
| Financing Cash Flow | $181.0K | - | - | - | ($18.57M) | - | - | - | ($14.60M) | - |
| CapEx | $13.45M | - | - | - | $12.23M | - | - | - | $13.06M | - |
| Free Cash Flow | ($6.23M) | - | - | - | $19.11M | - | - | - | ($1.07M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 4.3% | - | 3.2% | 4.6% | 4.6% | - | 12.9% | 5.6% | 6.6% | - |
| EBITDA margin | 8.0% | - | - | - | 8.2% | - | 16.3% | 9.0% | 10.0% | - |
| Net margin | 1.5% | - | 0.9% | 1.8% | 1.8% | - | 8.2% | 2.4% | 2.8% | - |
| Free cash flow margin | -1.3% | - | - | - | 3.7% | - | - | - | -0.2% | - |
| FCF / Net income | -0.86 | - | - | - | 2.07 | - | - | - | -0.07 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.7% | - | 11.1% | 13.3% | 12.6% | - | 2.7% | 11.4% | 11.4% | - |
| Effective tax rate | 36.3% | - | 27.1% | 30.8% | 33.0% | - | 23.5% | 28.1% | 34.6% | - |
| Return on assets | 0.9% | - | 0.5% | 1.1% | 1.0% | - | 4.9% | 1.5% | 1.7% | - |
| Return on equity | -1.6% | - | -1.1% | -2.2% | -2.1% | - | -9.7% | -2.7% | -3.2% | - |
| Return on invested capital | 4.8% | - | 4.1% | 5.8% | 5.2% | - | 17.2% | 6.8% | 7.4% | - |
| Liquidity | ||||||||||
| Current ratio | 0.84 | 0.82 | 0.87 | 0.82 | 0.86 | 0.83 | 0.80 | 0.82 | 0.80 | 0.76 |
| Quick ratio | 0.72 | 0.70 | 0.76 | 0.69 | 0.72 | 0.70 | 0.66 | 0.68 | 0.66 | 0.64 |
| Cash ratio | 0.14 | 0.12 | 0.13 | 0.11 | 0.16 | 0.14 | 0.06 | 0.09 | 0.10 | 0.13 |
| Leverage | ||||||||||
| Debt / Equity | -1.62 | -1.60 | -1.66 | -1.68 | -1.72 | -1.73 | -1.67 | -1.64 | -1.65 | -1.65 |
| Debt / Assets | 0.87 | 0.85 | 0.82 | 0.82 | 0.83 | 0.83 | 0.84 | 0.91 | 0.90 | 0.87 |
| Debt / EBITDA | 18.90 | - | - | - | 17.54 | - | 8.74 | 16.56 | 14.81 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -1.85 | -1.88 | -2.01 | -2.06 | -2.08 | -2.07 | -2.00 | -1.82 | -1.83 | -1.91 |
| Liabilities / Assets | 1.53 | 1.52 | 1.48 | 1.47 | 1.46 | 1.46 | 1.48 | 1.53 | 1.53 | 1.51 |
| Efficiency | ||||||||||
| Asset turnover | 0.58 | - | 0.57 | 0.59 | 0.58 | - | 0.59 | 0.61 | 0.61 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 77d | - | 75d | 72d | 70d | - | 73d | 67d | 67d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 151.2x | - | 361.5x | 173.9x | 147.6x | - | 41.7x | 127.0x | 151.4x | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 2.2x | - | 3.1x | 3.0x | 2.5x | - | 3.4x | 3.0x | 4.3x | - |
| EV / EBITDA | 45.2x | - | - | - | 47.5x | - | 29.7x | 49.7x | 56.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -7.7% | - | 0.3% | 4.2% | 0.9% | - | -3.1% | -1.3% | -2.5% | - |
| Revenue CAGR (3y) | -3.2% | - | -0.3% | 0.9% | -1.5% | - | -0.4% | -0.5% | 0.1% | - |
| Revenue CAGR (5y) | -1.3% | - | 1.4% | 2.8% | 4.8% | - | 4.7% | 4.9% | 5.2% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -13.4% | - | -75.2% | -13.2% | -28.9% | - | 104.7% | -19.2% | -10.8% | - |
| Net income growth (YoY) | -21.3% | - | -88.7% | -22.2% | -37.0% | - | 163.6% | -31.1% | -34.6% | - |
| EPS growth (YoY) | -22.2% | - | -89.8% | -24.3% | -38.6% | - | 164.6% | -31.5% | -32.3% | - |
| EPS CAGR (3y) | -31.4% | - | -17.3% | -26.3% | -2.4% | - | 17.1% | - | -18.7% | - |
| EPS CAGR (5y) | -23.8% | - | -18.0% | -10.2% | 12.5% | - | - | 19.8% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | -7.2% | - | - | - | - | - |
| Book value growth (YoY) | -4.0% | -3.5% | -1.9% | 6.4% | 6.5% | 6.4% | 9.3% | 4.0% | 6.0% | -60.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Business segments
$1.83B totalNorth America Commissary Segment$854.19M · 46.7%
Domestic Company Owned Restaurants Segment$662.52M · 36.2%
International Segment$173.84M · 9.5%
North America Franchising Segment$139.01M · 7.6%
Product / service
$2.05B totalCommissary$929.94M · 45.3%
Company Owned Restaurant Sales$675.66M · 32.9%
Franchisor$190.95M · 9.3%
Advertising$166.73M · 8.1%
Product And Service Other$90.53M · 4.4%
Peer comparison
Same SIC group: Retail-Eating Places
Comparing PAPA JOHNS INTERNATIONAL INC against the 5 most active filers in the same SIC group.
Dividends
$1.84/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.4600 |
| Feb 9, 2026 | $0.4600 |
| Nov 17, 2025 | $0.4600 |
| Aug 18, 2025 | $0.4600 |
| May 19, 2025 | $0.4600 |
| Feb 10, 2025 | $0.4600 |
| Nov 18, 2024 | $0.4600 |
| Aug 19, 2024 | $0.4600 |
| May 17, 2024 | $0.4600 |
| Feb 9, 2024 | $0.4600 |
| Nov 10, 2023 | $0.4600 |
| Aug 11, 2023 | $0.4600 |
| May 12, 2023 | $0.4200 |
| Feb 3, 2023 | $0.4200 |
| Nov 10, 2022 | $0.4200 |
| Aug 12, 2022 | $0.4200 |
| May 13, 2022 | $0.3500 |
| Feb 4, 2022 | $0.3500 |
| Nov 8, 2021 | $0.3500 |
| Aug 13, 2021 | $0.3500 |
| May 10, 2021 | $0.2250 |
| Feb 5, 2021 | $0.2250 |
| Nov 9, 2020 | $0.2250 |
| Aug 10, 2020 | $0.2250 |