# Papa John's International, Inc. (PZZA)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $1.06B  
**Price:** $32.30 (+1.80%)

> Papa John's International, Inc. is a leading pizza company that specializes in the development, operation, and franchising of restaurants worldwide. It focuses on delivering high-quality pizzas made with fresh dough, premium ingredients, and signature sauces, alongside complementary menu items such as wings, breadsticks, and desserts. The company operates through North America and International segments, supporting a network of company-owned and franchised locations across more than 50 countries and territories. Key operations include North America commissaries that supply ingredients and products to restaurants, alongside revenues from franchise royalties, advertising funds, and digital fees. Papa John's International, Inc. emphasizes system-wide restaurant sales growth, particularly in international markets, and invests in omnichannel experiences, menu innovations, and marketing to support franchisees. Founded in 1984 and headquartered in Louisville, Kentucky, it plays a significant role in the quick-service restaurant sector by prioritizing quality and customer loyalty in the competitive pizza industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.05B | — | $89M | $31M | $0.90 |
| 2024 | $2.06B | — | $157M | $83M | $2.54 |
| 2023 | $2.14B | — | $147M | $82M | $2.48 |
| 2022 | $2.10B | — | $109M | $68M | $1.89 |
| 2021 | $2.07B | — | $168M | $120M | $0.12 |
| 2020 | $1.81B | — | $90M | $58M | $1.28 |
| 2019 | $1.62B | — | $25M | $5M | $-0.24 |
| 2018 | $1.66B | — | $32M | $2M | $0.08 |
| 2017 | $1.78B | — | $151M | $102M | $2.83 |
| 2016 | $1.71B | — | $165M | $103M | $2.74 |
| 2015 | $1.64B | — | $136M | $76M | $1.89 |
| 2014 | $1.60B | — | $118M | $73M | $1.75 |
| 2013 | $1.44B | — | $107M | $70M | $1.55 |
| 2012 | $1.34B | — | $100M | $62M | $1.29 |
| 2011 | $1.22B | — | $87M | $55M | $1.08 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $838M | $1.27B | -$445M | $35M | $722M |
| 2024 | $889M | $1.30B | -$430M | $38M | $742M |
| 2023 | $875M | $1.32B | -$459M | $41M | $757M |
| 2022 | $864M | $1.13B | -$286M | $47M | $597M |
| 2021 | $886M | $1.05B | -$188M | $71M | $481M |
| 2020 | $873M | $881M | -$282M | $130M | $328M |
| 2019 | $731M | $790M | -$332M | $28M | $347M |
| 2018 | $596M | $894M | -$319M | $33M | $601M |
| 2017 | $556M | $655M | -$122M | $22M | $447M |
| 2016 | $513M | $494M | -$4M | $16M | $300M |
| 2015 | $494M | $443M | $29M | $21M | $255M |
| 2014 | $505M | $397M | $86M | $20M | $230M |
| 2013 | $464M | $319M | $138M | $14M | $158M |
| 2012 | $438M | $251M | $182M | $16M | $88M |
| 2011 | $390M | $185M | $206M | $19M | $51M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $126M | $65M | $61M |
| 2024 | $107M | $72M | $34M |
| 2023 | $193M | $77M | $116M |
| 2022 | $118M | $78M | $39M |
| 2021 | $185M | $69M | $116M |
| 2020 | $186M | $36M | $151M |
| 2019 | $62M | $38M | $24M |
| 2018 | $92M | $42M | $50M |
| 2017 | $135M | $53M | $82M |
| 2016 | $150M | $56M | $95M |
| 2015 | $170M | $39M | $131M |
| 2011 | $101M | $29M | $72M |
| 2010 | $93M | $31M | $61M |
| 2009 | $104M | $34M | $70M |
| 2008 | $73M | $29M | $44M |

Source: [CompaniesByCap](https://companiesbycap.com/company/PZZA)