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Papa John's International, Inc. logo

Papa John's International, Inc.

PZZA

NASDAQConsumer CyclicalRestaurants

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Previous close

$23.94

+$0.62 · +2.66%

Aug 21, 4:00 PM ET

PZZA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

66

Undervalued

Momentum

31

Weakening

Sentiment

52

Mixed

Risk resilience

42

Elevated Risk

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Company profile

Company website

Papa John's International, Inc. is a global pizza chain that manages and grants franchises for its Papa John's branded delivery and take-out restaurants across the United States and internationally. The company's operations are divided into four primary segments: company-owned restaurants within the U.S., commissary services for North America, North American franchising, and its international ventures. Beyond its core model, Papa John's also runs dine-in and delivery establishments in various international markets. By December 26, 2021, the Papa John's network spanned 5,650 locations across 50 different countries and territories, comprising 600 directly owned by the company and 5,050 operating as franchises. Established in 1984, the company's corporate headquarters are located in Louisville, Kentucky.

Industry
Restaurants
Sector
Consumer Cyclical
Headquarters
US
CEO
Todd Allan Penegor
Listed since
Jun 8, 1993
Employees
9,400

Market position

Day range

Current $23.94

52-week range

Current $23.94

Open
$23.38
Previous close
$23.32
Volume
948.44K
0.78× average
Average volume
1.22M
Average daily volume
Market cap
787.67M USD
Beta
1.09
Market reference 1
50-day average
$31.0264
-22.84% below average
200-day average
$34.9673
-31.54% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.35B USD
P/E (TTM)
29.56×
P/B (TTM)
-1.75×
P/S (TTM)
0.4×
EV / EBITDA
12.94×
Earnings yield
2.36%
Free cash flow yield
4.75%
Dividend yield
7.69%

Profitability & efficiency

Gross margin
23.16%
Operating margin
4.11%
Net margin
1.40%
Return on equity
-6.86%
Return on assets
3.29%
Return on invested capital
8.77%

Financial health

Debt / equity
-2.06×
Current ratio
0.82×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%21%10%-1%Gross margin, FY2021: 20.76%Gross margin, FY2022: 18.48%Gross margin, FY2023: 19.63%Gross margin, FY2024: 28.21%Gross margin, FY2025: 28.89%Operating margin, FY2021: 8.13%Operating margin, FY2022: 5.19%Operating margin, FY2023: 6.89%Operating margin, FY2024: 7.61%Operating margin, FY2025: 4.34%Net margin, FY2021: 5.80%Net margin, FY2022: 3.22%Net margin, FY2023: 3.84%Net margin, FY2024: 4.05%Net margin, FY2025: 1.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.76%. Gross margin FY2022 18.48%. Gross margin FY2023 19.63%. Gross margin FY2024 28.21%. Gross margin FY2025 28.89%. Operating margin FY2021 8.13%. Operating margin FY2022 5.19%. Operating margin FY2023 6.89%. Operating margin FY2024 7.61%. Operating margin FY2025 4.34%. Net margin FY2021 5.80%. Net margin FY2022 3.22%. Net margin FY2023 3.84%. Net margin FY2024 4.05%. Net margin FY2025 1.49%.

Income trends

Revenue

2.05B USD-0.27%

Operating income

89.15M USD-43.11%

Net income

30.53M USD-63.43%
Income trends across reported periods2.35B USD1.5B USD662.09M USD−179.99M USDRevenue, FY2021: 2.07B USDRevenue, FY2022: 2.1B USDRevenue, FY2023: 2.14B USDRevenue, FY2024: 2.06B USDRevenue, FY2025: 2.05B USDOperating income, FY2021: 168.24M USDOperating income, FY2022: 109.03M USDOperating income, FY2023: 147.14M USDOperating income, FY2024: 156.7M USDOperating income, FY2025: 89.15M USDNet income, FY2021: 120.02M USDNet income, FY2022: 67.77M USDNet income, FY2023: 82.1M USDNet income, FY2024: 83.49M USDNet income, FY2025: 30.53M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.07B USD. Revenue FY2022 2.1B USD. Revenue FY2023 2.14B USD. Revenue FY2024 2.06B USD. Revenue FY2025 2.05B USD. Operating income FY2021 168.24M USD. Operating income FY2022 109.03M USD. Operating income FY2023 147.14M USD. Operating income FY2024 156.7M USD. Operating income FY2025 89.15M USD. Net income FY2021 120.02M USD. Net income FY2022 67.77M USD. Net income FY2023 82.1M USD. Net income FY2024 83.49M USD. Net income FY2025 30.53M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.05B USD2.06B USD2.14B USD2.1B USD2.07B USD
Cost of goods sold1.46B USD1.48B USD1.72B USD1.71B USD1.64B USD
Gross profit593.32M USD580.96M USD419.32M USD388.43M USD429.32M USD
Selling, general, and administrative244.28M USD190.52M USD201.66M USD215.3M USD212.27M USD
Operating expenses504.17M USD424.26M USD272.17M USD279.4M USD261.08M USD
Interest income————1.91M USD
Interest expense40.77M USD42.58M USD43.47M USD25.26M USD19.21M USD
Depreciation and amortization92.25M USD69.41M USD64.09M USD52.03M USD48.82M USD
Operating income89.15M USD156.7M USD147.14M USD109.03M USD168.24M USD
Net income30.53M USD83.49M USD82.1M USD67.77M USD120.02M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+7.35%
11 comparable reports
Latest EPS result
0.46
Estimate 0.45 · Beat by 3.05%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.670.490.30.12Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 0.63, estimate 0.52, surprise +21.15%, Beat. Q2 2025, reported May 8, 2025: actual 0.36, estimate 0.33, surprise +9.09%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.41, estimate 0.34, surprise +20.59%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.32, estimate 0.4, surprise -20.00%, Miss. Q1 2026, reported Feb 26, 2026: actual 0.34, estimate 0.33, surprise +3.03%, Beat. Q2 2026, reported May 7, 2026: actual 0.32, estimate 0.4, surprise -20.00%, Miss. Q3 2026, reported Aug 6, 2026: actual 0.46, estimate 0.446, surprise +3.05%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.14, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates552M513.95M475.9M437.85MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 530.77M USD, estimate 513.75M USD, surprise +3.31%, Beat. Q2 2025, reported May 8, 2025: actual 518.31M USD, estimate 511.68M USD, surprise +1.30%, Beat. Q3 2025, reported Aug 7, 2025: actual 529.17M USD, estimate 524.7M USD, surprise +0.85%, Beat. Q4 2025, reported Nov 6, 2025: actual 508.15M USD, estimate 516.52M USD, surprise -1.62%, Miss. Q1 2026, reported Feb 26, 2026: actual 498.18M USD, estimate 517.34M USD, surprise -3.70%, Miss. Q2 2026, reported May 7, 2026: actual 478.61M USD, estimate 485.51M USD, surprise -1.42%, Miss. Q3 2026, reported Aug 6, 2026: actual 482.4M USD, estimate 481.25M USD, surprise +0.24%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 459.08M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$29.20

21.97% upside
Past 12 months12-month forecastHigh $42.00Average $29.20Low $24.00

Rating distribution

32 ratings
Strong buy00%
Buy1650%
Hold1547%
Sell13%
Strong sell00%

Recent analyst actions

12 institutions

PZZA news

prnewswire.com

Papa John's International (PZZA) Securities Investigation Notice - Levi & Korsinsky

Papa John's Q2 2026 revenue came in at $482.4 million versus $529.2 million a year earlier, global comparable sales fell 5.7%, and PZZA shares declined following the operating update. Levi & Korsinsky is investigating…

Read source
globenewswire.com

Papa Johns Canada Introduces Pan Pizza

EDMONTON, Alberta, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Pan Pizza has arrived at Papa Johns Canada. Beginning today, Papa Johns Canada is introducing its highly anticipated Pan Pizza.

Read source
globenewswire.com

Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving Papa John's International (PZZA)

Papa John's suspended its quarterly dividend and cut full-year adjusted EBITDA guidance to $180-$190 million alongside an 8.3% North American comparable-sales decline. Levi & Korsinsky is investigating potential…

Read source
defenseworld.net

Bank of America Corp DE Lowers Stock Position in Papa John’s International, Inc. $PZZA

Bank of America Corp DE cut its stake in shares of Papa John's International, Inc. (NASDAQ: PZZA) by 4.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange…

Read source
gurufocus.com

PZZA Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into Papa John's International (PZZA)

Papa John's International (NASDAQ: PZZA) shares dropped after the Company's second quarter 2026 operating update disclosed North American comparable sales down

Read source
businesswire.com

PZZA Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into Papa John's International (PZZA)

NEW YORK--(BUSINESS WIRE)--Papa John's International (NASDAQ: PZZA) shares dropped after the Company's second quarter 2026 operating update disclosed North American comparable sales down 8.3%, revenue of $482.4 million…

Read source

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