Saturday 17 October 2026
Export PZZA’s income statement to Excel — free account
Papa John's International, Inc.
PZZA Consumer Cyclical Restaurants
Papa John's International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue fell 8.84%, EPS fell 10.7%, free cash flow fell 31.4% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
19.39
0.18
−0.92%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
42.30 | 16.11 | 30.34 | 41.86 | 0.00 | 66.29 | 0.00 | 1,990.50 | 19.88 | 30.83 |
Piotroski F-Score |
6 | 8 | 7 | 6 | 5 | 7 | 5 | 5 | 5 | 7 |
P/S ratio |
0.62 | 0.65 | 1.17 | 1.34 | 2.26 | 1.52 | 1.23 | 0.77 | 1.15 | 1.85 |
Altman Z-Score |
3.68 | 3.83 | 4.39 | 4.69 | 5.86 | 4.24 | 3.82 | 4.40 | 6.76 | 8.85 |
Altman Z″-Score (non-manufacturers) |
0.76 | 1.39 | 1.04 | 1.23 | 1.54 | 1.40 | 0.59 | 1.41 | 3.81 | 3.80 |
P/FCF ratio |
24.07 | 39.35 | 21.46 | 71.24 | 40.24 | 18.24 | 83.10 | 25.33 | 24.99 | 33.48 |
Beneish M-Score |
(3.06) | (2.62) | (3.21) | (2.54) | (2.82) | (2.98) | (2.73) | (2.99) | (2.67) | (2.93) |
P/Operating CF |
63.83 | 26.48 | 37.78 | 68.07 | (522.11) | 153.75 | 170.01 | (101.54) | 102.63 | 110.07 |
Dividend Safety Score |
18 | — | — | — | — | — | — | — | — | — |
P/B ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 323.46 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
0.96 | 1.01 | 1.52 | 1.62 | 2.48 | 1.64 | 1.45 | 1.12 | 1.40 | 2.02 |
EV/EBITDA |
10.88 | 9.18 | 15.40 | 21.15 | 23.62 | 21.31 | 32.65 | 34.13 | 12.86 | 16.81 |
EV/Operating CF |
15.66 | 19.47 | 16.85 | 28.92 | 27.76 | 16.00 | 37.97 | 20.17 | 18.54 | 22.99 |
EV/FCF |
37.57 | 60.79 | 27.95 | 86.44 | 44.15 | 19.78 | 97.54 | 36.99 | 30.38 | 36.48 |
Quick Ratio |
0.50 | 0.51 | 0.48 | 0.60 | 0.56 | 0.77 | 0.49 | 0.68 | 0.68 | 0.61 |
Current Ratio |
0.82 | 0.83 | 0.76 | 0.95 | 0.89 | 1.06 | 0.87 | 1.04 | 1.28 | 1.14 |
Net Debt/EBITDA |
3.91 | 3.21 | 3.51 | 3.72 | 2.09 | 1.65 | 4.83 | 7.54 | 2.28 | 1.38 |
Debt/Assets |
89.10% | 86.00% | 89.32% | 74.79% | 59.26% | 41.46% | 51.31% | 104.24% | 83.98% | 58.49% |
Debt/Equity |
(1.72) | (1.85) | (1.76) | (2.39) | (3.04) | (1.36) | (1.18) | (2.04) | (4.40) | 30.59 |
Asset Turnover |
2.38 | 2.34 | 2.46 | 2.40 | 2.35 | 2.26 | 2.44 | 2.89 | 3.34 | 3.40 |
Operating CF/Net income |
4.26 | 1.28 | 2.35 | 1.75 | 45.34 | 4.47 | (8.09) | 37.37 | 1.31 | 1.46 |
Capex/Depreciation |
(0.80) | (1.04) | (1.20) | (1.51) | (1.40) | (0.72) | (0.80) | (0.91) | (1.20) | (1.36) |
Interest Coverage |
2.19 | 3.68 | 3.39 | 4.32 | 9.73 | 6.06 | 1.19 | 1.23 | 13.38 | 22.24 |
| (6.97%) | (19.43%) | (22.99%) | (30.40%) | (1.85%) | (14.30%) | 2.46% | (1.21%) | (214.84%) | 395.97% | |
| 3.43% | 9.45% | 9.44% | 7.70% | 0.46% | 5.21% | (1.15%) | 0.43% | 19.34% | 20.46% | |
ROIC |
20.22% | 31.35% | 30.93% | 20.76% | 37.32% | 0.00% | 50.52% | 6.95% | 27.90% | 34.97% |
Return on Tangible Assets |
14.95% | 36.88% | 39.24% | 28.58% | 2.13% | 19.11% | (4.12%) | 1.06% | 38.05% | 41.52% |
Average Days of Receivables |
19.42 | 18.41 | 18.26 | 19.33 | 16.02 | 18.40 | 16.79 | 20.69 | 14.03 | 13.22 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
20.06% | 17.23% | 17.14% | 17.66% | 10.26% | 11.26% | 13.80% | 11.64% | 8.46% | 9.23% |
Intangible Assets out of Total Assets |
0.08 | 0.08 | 0.09 | 0.08 | 0.09 | 0.09 | 0.11 | 0.14 | 0.16 | 0.17 |
Share Based Compensation of Revenue |
0.73% | 0.47% | 0.84% | 0.87% | 0.82% | 0.90% | 0.95% | 0.60% | 0.58% | 0.59% |
Graham Net Nets |
(0.82) | (0.80) | (0.44) | (0.31) | (0.17) | (0.30) | (0.43) | (0.55) | (0.24) | (0.11) |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.50 | 0.00 | 0.00 | 4.04 |
Earnings Yield |
2.36% | 6.21% | 3.30% | 2.39% | 0.00% | 1.51% | (0.40%) | 0.05% | 5.03% | 3.24% |
Free Cash Flow Yield |
4.15% | 2.54% | 4.66% | 1.40% | 2.49% | 5.48% | 1.20% | 3.95% | 4.00% | 2.99% |
Revenue per Share |
62.52 | 62.95 | 64.85 | 59.22 | 59.09 | 55.93 | 51.19 | 51.83 | 49.42 | 46.00 |
Operating CF per Share |
3.84 | 3.26 | 5.86 | 3.32 | 5.28 | 5.75 | 1.95 | 2.88 | 3.74 | 4.03 |
Capex per Share |
(2.24) | (2.22) | (2.33) | (2.21) | (1.96) | (1.10) | (1.19) | (1.31) | (1.46) | (1.49) |
Free Cash Flow per Share |
1.60 | 1.04 | 3.54 | 1.11 | 3.32 | 4.65 | 0.76 | 1.57 | 2.28 | 2.54 |
Cash per Share |
1.12 | 1.16 | 1.23 | 1.33 | 2.02 | 4.02 | 0.88 | 1.04 | 0.62 | 0.42 |
Shareholders Equity per Share |
(13.20) | (12.66) | (13.47) | (7.62) | (4.93) | (8.23) | (10.01) | (9.48) | (2.94) | 0.26 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
(13.20) | (12.66) | (13.47) | (7.62) | (4.93) | (8.23) | (10.01) | (9.48) | (2.94) | 0.26 |
Free Cash Flow |
52.53 | 34.15 | 116.44 | 39.42 | 116.12 | 150.79 | 24.04 | 50.43 | 82.38 | 94.70 |
Working Capital |
(53.56) | (47.36) | (73.58) | (14.12) | (32.41) | 17.54 | (26.40) | 7.38 | 37.13 | 17.55 |
Capital Expenditures |
(73.47) | (72.48) | (76.62) | (78.39) | (68.56) | (35.65) | (37.71) | (42.03) | (52.59) | (55.55) |
Net Current Asset Value |
(1,033.74) | (1,072.56) | (1,087.60) | (883.85) | (803.15) | (833.30) | (865.83) | (703.63) | (491.51) | (357.19) |
EV/EBIT |
22.14 | 13.25 | 22.11 | 31.25 | 30.47 | 33.05 | 95.56 | 59.11 | 16.57 | 21.00 |
Capex to Sales |
0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
Price to Operating Income |
14.18 | 8.57 | 16.98 | 25.76 | 27.77 | 30.48 | 81.42 | 40.48 | 13.63 | 19.27 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.37 | 0.25 | 0.23 | 0.21 | 0.22 | 0.25 | 0.22 | 0.20 | 0.19 | 0.18 |
Cash ROIC |
15.03% | 8.79% | 30.76% | 9.32% | 27.45% | 66.99% | 27.89% | 14.39% | 21.51% | 29.12% |
Accounts Receivable Turnover |
19.27 | 19.55 | 19.58 | 20.81 | 22.71 | 21.86 | 19.19 | 20.43 | 27.31 | 27.28 |
Accounts Payable Turnover |
23.74 | 21.62 | 22.71 | 34.46 | 40.50 | 35.93 | 38.95 | 39.00 | 34.70 | 28.57 |
Inventory Turnover |
41.98 | 41.43 | 40.21 | 40.80 | 40.63 | 41.34 | 40.03 | 39.87 | 46.50 | 52.74 |
Average Days of Payables |
15.30 | 15.27 | 17.55 | 14.60 | 7.74 | 11.42 | 9.71 | 8.58 | 9.01 | 12.66 |
Days of Inventory on Hand |
8.58 | 8.70 | 8.46 | 9.70 | 9.63 | 9.25 | 9.17 | 8.61 | 8.62 | 7.45 |
Average Receivables |
106.57 | 105.36 | 109.07 | 101.03 | 91.08 | 82.95 | 84.38 | 81.41 | 65.31 | 62.83 |
Average Payables |
61.53 | 68.40 | 68.63 | 45.20 | 32.73 | 33.26 | 28.12 | 29.56 | 37.35 | 43.10 |
Average Inventory |
34.79 | 35.69 | 38.75 | 38.18 | 32.62 | 28.90 | 27.37 | 28.91 | 27.88 | 23.35 |
Average Assets |
863.23 | 881.98 | 869.62 | 874.97 | 879.24 | 801.75 | 663.31 | 575.73 | 534.06 | 503.31 |
Average Common Equity |
(423.94) | (428.92) | (357.14) | (221.56) | (219.70) | (291.80) | (310.33) | (204.98) | (48.08) | 26.00 |
Columns are period end dates