PZZA Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $19.43
Market Cap (MRQ) $639M
P/E (TTM) 24.3
EPS (TTM) $0.80
Revenue (TTM) $1.97B
Div Yield 9.6%
ROE (TTM) -6.2%
Debt/Equity (MRQ) -1.6
52W Range $19–$56

PZZA Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 4
Ex-date Split Type
Dec. 30, 2013 2-for-1 Forward
Jan. 17, 2006 2-for-1 Forward
Nov. 25, 1996 3-for-2 Forward
March 26, 1996 3-for-2 Forward

About Papa John's International, Inc. - Common Stock Company overview from Wikipedia

05 · wikidata

Papa John's International, Inc., trading as Papa Johns, is an American pizza restaurant chain founded by John Schnatter in Jeffersonville, Indiana, in 1984. The company went public in 1993 and had expanded to 1,500 restaurants by 1997. As of 2023, it is the fourth largest pizza delivery restaurant chain in the United States, with headquarters in the Louisville, Kentucky, and Atlanta, Georgia, metropolitan areas.

As of March 2022, Papa John's global presence reached over 5,500 locations in 49 countries and territories. Schnatter stepped down as CEO in 2018 and later resigned as chairman. Robert M. Lynch became CEO in 2019 and Todd Penegor succeeded him in 2024.

History

1984–2009

Papa John's restaurant was founded in 1984 when "Papa" John Schnatter installed an oven inside a broom closet in the back of his father's tavern, Mick's Lounge, in Jeffersonville, Indiana. He sold his 1971 Camaro Z28 to buy US$1,600 worth of used pizza equipment and began selling pizzas to the tavern's customers out of the converted closet. A year later, he moved into an adjoining space. Papa John's also introduced a dipping sauce for pizza that year.

The company went public in 1993 following an initial public offering, becoming listed on the NASDAQ under the symbol PZZA. A year later it had 500 stores, and by 1997 it had opened 1,500 stores. In 2009, Schnatter bought the Camaro back after offering a reward of $250,000 for the car.

2010s

The first notable Bitcoin retail transaction involving physical goods was paid on May 22, 2010, by exchanging 10,000 mined BTC for two pizzas delivered from a Papa John's on Atlantic Boulevard in Jacksonville, Florida. Some cryptocurrency users have celebrated May 22 as "Bitcoin Pizza Day".

Schnatter's departure

Schnatter stepped down as CEO of Papa John's Pizza on January 1, 2018, in favor of company president Steve Ritchie, while remaining chairman. Papa John's and the NFL ended their sponsorship agreement after Schnatter blamed the NFL kneeling controversy for declining same-store sales across Papa John's franchises.

Schnatter resigned as chairman of the company's board of directors on July 18, 2018, after admitting that he had used a racial slur during a meeting.

The activist hedge fund Starboard Value invested $200 million in Papa John's in February 2019. Starboard CEO Jeff Smith become the chairman, and former Pinnacle Entertainment CEO Anthony Sanfilippo joined the board. Papa John's later reached a settlement with Schnatter under which he left the company's board of directors, withdrew his lawsuits, and abandoned plans to seek another board seat. The company also relaxed restrictions that

Schnatter began selling his shares in May 2019 and reduced his ownership stakes to 4% over the following year. Arby's President Robert M. Lynch replace Steve Ritchie as CEO in August 2019.

2020s

Papa John's established a new global headquarters at Three Ballpark Center at The Battery Atlanta in the Atlanta metropolitan area in 2020. Its existing headquarters in Jeffersontown, Kentucky was retained for its IT, supply chain, and legal departments.

Papa Johns suspended its business operations in Russia in March 2022 in response to the 2022 Russian invasion of Ukraine, but independent franchisee-owned locations remained open.

Todd Penegor was named President and CEO in August 2024.

Papa Johns announced plans to close 300 of its 3,500 U.S. restaurants by the end of 2027, and reduce its corporate workforce by approximately 7% to cut costs after declining sales.

Operations

Papa John's primarily takes carryout and delivery orders, although some restaurants have tables and chairs for dining in.

Franchise owners pay a one-off franchise fee of US$25,000 per restaurant, then a royalty fee of 5% of net sales, plus a charge for advertising of 8% of net sales. The company requires franchisees to have net worth of at least $250,000, the approximate amount of investment needed.

Based on 2019 sales information provided by Technomic, PMQ Pizza Magazine reported that the company was the fourth-largest take-out and pizza delivery restaurant chain in the United States. (According to PMQ, Little Caesars is the third-largest pizza chain.) The company's net profitability though, is far behind its main competitors. In 2014, its net margin was 4.6% of total sales, whereas Domino's Pizza's net margin was 8.2% and Yum! Brands, which owns Pizza Hut, was 7.9%. Its slogan is "Better Ingredients. Better Pizza. Papa John's."

As of February 2026 Papa Johns had about 6,000 establishments in about 50 countries and territories, with 3,500 in the United States. In January 2002, Papa John's became the first national pizza chain to make online ordering available to all of its U.S. customers. On July 10, 2004, Papa John's controlled an estimated 6.6% of the market, according to Technomic.

Locations

Africa

Papa John's operates in Egypt, Morocco, and Tunesia.

Asia

Papa John's entered the Indian market in 2006 with its first store opening in Noida, Uttar Pradesh with an aim to open up 100 stores in India. They couldn't keep up the efficient sophisticated ordering technology and fast delivery methods of their rivals Domino's Pizza and Pizza Hut in India. When Papa John's started in 2006, Domino's Pizza already had 126 branches. By 2017, Papa John's decided to exit the country completely, having opened only 66 stores and being unable to compete with Domino's Pizza and Pizza Hut, which had entered in the mid-1990s.

In 2003, Papa John's opened its first branch in Apgujeong-dong, Gangnam-gu, Seoul, South Korea and the second branch in Garak-dong, Songpa-gu, Seoul, South Korea. Compared to Domino's Pizza and Pizza Hut, which started business in Korea in the 1980s, Papa John's started business late in Korea. In 2006, they opened the 50th restaurant in Seoul. As of the end of 2025, Papa John's has a total of 278 stores in Korea. In other countries, Papa John's has menus which are localized to each country. However, in Korea, Papa John's is selling the original American pizzas with special Korean localized pizzas together. Papa John's also has various side menus such as spaghetti in Korea.

In 2016, Papa John's entered the Israeli market. By 2026 it had grown to 42 local branches.

In 2018, Papa John's sold ownership of its 34 corporate-owned locations in Beijing, shutting down their operations in China.

Papa John's opened its first store in Lahore, Pakistan in early 2019.

Europe

Papa John's has operated in the United Kingdom since 1999. In July 2015, the company had 300 shops in the UK, although in 2010 it had plans for the number rising to between 400 and 500 within the next five years. In 2023, Papa Johns had plans to open a new takeaway store in Newcastle turned down by the Planning Inspectorate, making it the first organisation in the United Kingdom to have a planning appeal rejected by the Department for Levelling Up, Housing and Communities on the grounds that to grant permission to open a new takeaway store in the area would "undermine local authority plans to tackle high local levels of obesity".

In March 2024, Papa John's announced it would close 43 "underperforming" stores – almost a tenth of its 450 units in the UK.

Papa John's operates throughout Ireland, with its head office at Ballybrit, County Galway. The company has over 50 locations and operates mobile units around the country. The franchises are often located adjacent to Supermac's fast food outlets, whose parent company owns the exclusive franchise rights for the chain in Ireland.

Spain is the second most important European market for Papa John's. The chain has been operating in Spain since 2016, and had 42 restaurants by late 2017. In particular, the restaurants achieved a significant presence in the Madrid province with more than half of the Spanish restaurants being located there. Papa John's expects to open at least 100 restaurants just in the province of Madrid, as well as expanding to other regions across Spain.

Papa John's also operated in Russia and Belarus with plans to expand to several other European and Central Asian countries.

Papa John's restaurants in Portugal began operating in 2005 but closed some time later.

In Poland, Papa John's opened their first location in 2017.

In 2018, Papa John's opened their first restaurant in Kazakhstan, which became the 46th country in the world where the chain is represented.

In May 2019, it was announced that Papa John's would enter the German market by taking over Halle/Salle-based Uno Pizza and converting their stores into Papa John's, with the aim of opening up to 250 locations in Germany in the following five to seven years.

After a failed step in the early 2000s, in 2019 Papa John's returned to Portugal with a restaurant in Lisbon and plans to expand to other parts of the country.

In the Netherlands Papa John's opened its doors in 2017, starting in Amsterdam and expanding further through the Netherlands in 2019.

North America

From Panama to Canada, Papa John's operates in all continental countries of North America. It also operates in several countries in the Caribbean.

South America

Papa John's operates in several countries in South America.

Marketing

Logo

In November 2021, Papa John's rebranded its logo (by removing the apostrophe and simplifying the design) and store locations.

Sponsorships

On March 30, 2006, Six Flags announced that its parks' pizza would exclusively be from Papa John's. In turn, Six Flags received an annual sponsorship and promotional opportunities from Papa John's. Papa John's is also the official pizza supplier of the Olympic Speedskating Oval in Calgary, Alberta, Canada.

In November 2006, Papa John's signed with ESPN Regional Television to become the title sponsor of the annual PapaJohns.com Bowl, a college post-season football bowl game in Birmingham, Alabama, which Papa John's continued to sponsor through 2010.

In 2010, Papa John's signed an agreement to be the Official Pizza Sponsor of the National Football League and Super Bowls XLV, XLVI and XLVII. In 2011, Papa John's became the official Pizza Sponsor of the NFL in Canada, Mexico and the United Kingdom. In October 2012, Denver Broncos quarterback Peyton Manning became a franchisee in the Denver area for Papa John's, and also purchased 21 franchises in the area. In July 2013, Papa John's announced it had become the Official Pizza Partner of The Football League in the UK. The sponsorship ended after the 2017 season when Pizza Hut became the official pizza of the NFL in February 2018.

The company was the former beneficiary of the naming rights to Papa John's Cardinal Stadium used by the University of Louisville's football team, in exchange for Schnatter personally donating $5 million for the rights. Schnatter made a further $10 million donation for the stadium's expansion, and extended the naming rights to the year 2040. The Papa John's name was taken off the stadium in July 2018, after Schnatter's resignation from the company.

In 2020, Papa John's became the main sponsor of the EFL Trophy, a football competition for lower league and under-23 clubs in England.

Events

In May 2008, a Washington, D.C. franchise distributed T-shirts making fun of Cleveland Cavaliers star player LeBron James during a playoff game against the Washington Wizards. Photographs of the shirts quickly spread online and were later shown on Cleveland television. Increasing awareness of the controversy prompted an apology from the Papa John's national headquarters on May 5. To apologize, Papa John's offered large single-topping pizzas for 23 cents (matching James' jersey number) at all locations in Greater Cleveland and throughout northern Ohio. The chain sold over 172,000 pizzas at 23 cents a piece, with customers waiting in lines outside of some stores for as long as three hours.

In March 2019, NBA Hall of Famer Shaquille O'Neal joined Papa John's board of directors and became a spokesman for the brand. The next year, Papa John's introduced the Shaq-a-Roni, a pizza dedicated to O'Neal.

Litigation

In 1997, Pizza Hut filed a lawsuit against Papa John's based on a series of advertisements that compared the ingredients of Papa John's and its competitors. Pizza Hut successfully argued that Papa John's slogan did not constitute statements of literal fact – that "fresher ingredients" do not necessarily account for a "better" pizza. This ruling was overturned in 2000 when Papa John's appealed the decision. Although the jury's decision on misleading advertising was upheld, the appeals court determined that Pizza Hut failed to prove, under the requirements of the Lanham Act, that the misleading advertising and puffery had a material effect on consumers' purchasing decisions.

In 2012, customers filed a class-action lawsuit alleging that Papa John's had sent more than 500,000 unsolicited text messages. The company settled the lawsuit for $16.5 million, awarding claimants up to $50 in damages, and a free, large, one-topping pizza.

In August 2015, Papa John's agreed to pay $12.3 million to settle a class-action lawsuit in which the company was accused of undercompensating 19,000 delivery drivers in the states of Arizona, Florida, Illinois, Maryland, Missouri and North Carolina. The complaint stated that the flat reimbursement amount per delivery for drivers failed to equal minimum wage.

Animal welfare

From 2013 to 2020, Papa John made commitments concerning gestation crates, cage-free eggs, and broiler-chicken welfare, but animal protection organizations have criticized its progress toward meeting those commitments.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorConsumer Discretionary industryHotels, Restaurants & Leisure employees9,400 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$2.05B
2017-12-31 → 2025-12-28
EPS$0.90
2017-12-31 → 2025-12-28
Free Cash Flow$61M
2017-12-31 → 2025-12-28
Net margin1.4%
2017-12-31 → 2025-12-28
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend PZZA 5Y avg Peer Median Verdict
P/E (TTM) 24.35Y avg ≈247.9 ≈247.9 28.9 Overvalued
P/S (TTM) 0.35Y avg ≈1.2 ≈1.2 0.8 Undervalued
P/B (MRQ) -1.45Y avg ≈-9.4 ≈-9.4 · ·
EV / EBITDA 7.35Y avg ≈16.0 ≈16.0 · ·
Price / FCF (TTM) 18.75Y avg ≈39.0 ≈39.0 · ·
Price / Cash Flow (TTM) 6.75Y avg ≈17.1 ≈17.1 9.0 Fair value
EV / Revenue 0.65Y avg ≈1.5 ≈1.5 · ·
EV / FCF 21.55Y avg ≈50.0 ≈50.0 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield9.6%
Payout Ratio200.3%
Annualized Payout≈$1.84Paid quarterly
5Y Div CAGR≈15.4%Per share, split-adjusted
Ex-dateAmountCurrencyYield
May 18, 2026$0.46USD≈5.6%
Feb 9, 2026$0.46USD≈5.4%
Nov 17, 2025$0.46USD≈4.6%
Aug 18, 2025$0.46USD≈4.0%
May 19, 2025$0.46USD≈4.5%
Feb 10, 2025$0.46USD≈4.8%
Nov 18, 2024$0.46USD≈3.8%
Aug 19, 2024$0.46USD≈4.0%
May 17, 2024$0.46USD≈3.6%
Feb 9, 2024$0.46USD≈2.5%
Nov 10, 2023$0.46USD≈2.7%
Aug 11, 2023$0.46USD≈2.1%
May 12, 2023$0.42USD≈2.2%
Feb 3, 2023$0.42USD≈1.7%
Nov 10, 2022$0.42USD≈1.9%
Aug 12, 2022$0.42USD≈1.6%
May 13, 2022$0.35USD≈1.7%
Feb 4, 2022$0.35USD≈1.2%
Nov 8, 2021$0.35USD≈0.88%
Aug 13, 2021$0.35USD≈0.80%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -2.3%
Next Report Nov 04, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 6, 2026 $0.46 $0.46 1.0%
March 31, 2026 $0.32 $0.36 -11.6%
Dec. 31, 2025 $0.34 $0.35 -2.4%
Sept. 30, 2025 $0.32 $0.41 -22.6%
June 30, 2025 $0.41 $0.34 21.6%
March 31, 2025 $0.36 $0.36 0.08%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 14
Metric Trend 20252024202320222021202020192018201720162015
Revenue $2.05B$2.06B$2.14B$2.10B$2.07B$1.81B$1.62B$1.66B·$1.71B$1.64B
SG&A Expense $244M$191M$208M$215M$212M$204M$223M$194M·$158M$164M
Operating Expenses $1.96B$1.90B$1.99B$1.98B$1.90B$1.72B$1.60B$1.63B·$1.56B$1.50B
Operating Income $89M$157M$147M$109M$168M$90M$25M$32M·$165M$136M
Interest Expense ···$27M$19M$17M$21M$26M·$7M$6M
Interest Income $600.0K$1M$1M$1M$2M$2M$800.0K$750.0K·$684.0K$731.0K
Pretax Income $48M$114M$104M$84M··$5M$7M·$159M$119M
Income Tax $16M$30M$21M$14M$26M$15M$-611.0K$3M·$50M$37M
Net Income $31M$83M$82M$68M$120M$58M$5M$2M·$103M$76M
EPS (Basic) $0.90$2.55$2.49$1.90$0.12$1.29$-0.24$0.08·$2.76$1.91
EPS (Diluted) $0.90$2.54$2.48$1.89$0.12$1.28$-0.24$0.08·$2.74$1.89
Shares (Basic) 32,851,00032,717,00032,931,00035,497,00035,007,00032,421,00031,632,00032,083,000·37,253,00039,458,000
Shares (Diluted) 32,945,00032,819,00033,159,00035,717,00035,337,00032,717,00031,632,00032,299,000·37,608,00040,000,000
EBITDA $181M$226M$211M$161M$217M$140M$72M$77M·$206M$177M
Balance Sheet 29
Metric Trend 20252024202320222021202020192018201720162015
Cash & Equivalents $35M$38M$41M$47M$71M$130M$28M$33M$27M$16M$21M
Receivables $103M$102M$104M$103M$81M$90M$70M$78M$65M$60M$63M
Inventory $34M$35M$36M$41M$35M$30M$28M$27M$31M$25M$22M
Prepaid Expense $49M$49M$42M$44M$46M$43M$44M$36M$24M$24M$20M
Other Current Assets ·······$6M$9M$9M$9M
Current Assets $237M$231M$231M$251M$255M$306M$182M$196M$170M$146M$153M
PP&E (Net) $251M$273M$283M$250M$224M$201M$212M$227M$234M$230M$214M
PP&E (Gross) $819M$848M$843M$790M$750M$693M$676M$665M·$617M$576M
Accum. Depreciation $567M$575M$560M$540M$526M$492M$465M$438M·$387M$362M
Goodwill $68M$75M$76M$71M$81M$81M$80M$85M$87M$86M$80M
Other Non-current Assets $77M$88M$77M$74M$88M$72M$65M$64M$47M$40M$34M
Total Assets $838M$889M$875M$864M$886M$873M$731M$596M$554M$513M$494M
Accounts Payable $61M$62M$75M$62M$28M$37M$29M$27M$30M$43M$43M
Accrued Liabilities ·········$77M$81M
Current Liabilities $291M$278M$305M$265M$287M$289M$208M$189M$149M$128M$133M
Capital Leases $156M$174M$151M$161M$161M$125M$125M····
Deferred Tax ···$0$258.0K$948.0K$3M$8M$6M$10M$5M
Other Non-current Liabilities $62M$65M$60M$68M$93M$111M$85M$79M$60M$53M$48M
Total Liabilities $1.27B$1.30B$1.32B$1.13B$1.05B$881M$790M$894M$675M$494M$443M
Long-term Debt $722M$742M$757M$597M·$348M$367M$621M$467M$300M$255M
Total Debt $715M$742M$757M$597M$481M$348M$367M··$300M$256M
Common Stock $493.0K$493.0K$492.0K$491.0K$490.0K$453.0K$447.0K$443.0K$442.0K$441.0K$437.0K
Paid-in Capital $457M$452M$452M$450M$445M$254M$219M$193M$185M$173M$158M
Retained Earnings $211M$242M$219M$196M$183M$219M$206M$242M$271M$219M$144M
Treasury Stock $1.11B$1.12B$1.12B$922M$806M$742M$747M$752M$597M$390M$272M
AOCI $-6M$-8M$-8M$-10M$-10M$-14M$-10M$-3M$-2M$-6M$-2M
Stockholders' Equity $-445M$-430M$-459M$-286M$-188M$-282M$-332M$-319M$-143M$-4M$29M
Liabilities + Equity $838M$889M$875M$864M$886M$873M$731M$596M$554M$513M$494M
Shares Outstanding 32,800,00032,646,00032,488,00034,736,00035,797,00032,545,00031,894,00031,400,000·36,700,00038,400,000
Cash Flow 16
Metric Trend 20252024202320222021202020192018201720162015
D&A $92M$69M$64M$52M$49M$50M$47M$46M·$41M$40M
Stock-based Comp $15M$10M$18M$18M$17M$16M$15M$10M·$10M$9M
Deferred Tax $7M$-3M$-6M$3M$4M$-9M$-4M$2M·$12M$-6M
Restructuring ···$0$13M$7M·····
Other Non-cash $-18M$-53M$35M$-23M$-5M$72M$-2M$13M·$-21M$41M
Operating Cash Flow $126M$107M$193M$118M$185M$186M$62M$92M·$150M$170M
CapEx $65M$72M$77M$78M$69M$36M$38M$42M·$56M$39M
Investing Cash Flow $-21M$-17M$-75M$-63M$-64M$-41M$-33M$-39M·$-46M$-39M
Stock Repurchased $0$2M$210M$125M$72M$3M·$158M·$122M$120M
Net Stock Activity $0$-2M$-210M$-125M$-72M$-3M·$-158M·$-122M$-120M
Dividends Paid $61M$61M$58M$55M$40M$29M$29M$29M·$28M$25M
Financing Cash Flow $-106M$-92M$-124M$-76M$-181M$-43M$-35M$-48M·$-109M$-130M
Net Change in Cash $-1M$-3M$-7M$-23M$-60M$102M$-5M$5M·$-5M$884.0K
Taxes Paid $17M$36M$13M$12M$33M$19M$-6M$14M···
Free Cash Flow $61M$34M$116M$39M$116M$151M$24M$31M·$89M$121M
Levered FCF ······$951.5K··$83M$117M
Profitability 7
Metric Trend 20252024202320222021202020192018201720162015
Operating Margin 4.3%7.6%6.9%5.2%8.1%5.0%1.5%1.9%·9.6%8.3%
Net Margin 1.5%4.0%3.8%3.2%5.8%3.2%0.30%0.10%·6.0%4.6%
Pretax Margin 2.4%5.5%····0.31%0.37%·9.3%7.3%
EBITDA Margin 8.8%11.0%9.9%7.7%10.5%7.7%4.4%4.9%·12.0%10.8%
ROA 3.5%9.5%9.4%7.8%13.7%7.2%0.73%··20.4%15.1%
ROE -7.0%-18.8%-22.0%-28.6%-51.1%-18.9%-1.5%··813.8%131.2%
ROIC 21.9%37.0%····78.7%··38.2%32.9%
Liquidity & Solvency 5
Metric Trend 20252024202320222021202020192018201720162015
Current Ratio 0.80.80.80.90.91.10.9··1.11.1
Quick Ratio 0.50.50.50.60.50.80.5··0.60.6
Debt / Equity -1.6-1.7-1.6-2.1-2.6-1.2-1.1··-76.78.8
LT Debt / Equity -1.6-1.7-1.6-2.1-2.6-1.2-1.0··-76.78.8
Interest Coverage ···4.18.85.31.2··22.224.0
Efficiency 2
Metric Trend 20252024202320222021202020192018201720162015
Asset Turnover 2.42.32.52.42.42.32.4··3.43.3
Receivables Turnover 20.120.020.722.924.122.620.4··27.927.5
Per Share 7
Metric Trend 20252024202320222021202020192018201720162015
Book Value / Share $-13.56$-13.18$-14.13$-8.25$-5.24$-8.68$-10.42··$-0.11$0.76
Revenue / Share $62.34$62.75$64.41$58.85$58.53$55.42$51.19$48.71·$45.57$40.93
Cash Flow / Share $3.82$3.25$5.82$3.30$5.23$5.70$1.95$2.25·$3.83$4.01
Cash / Share $1.05$1.16$1.25$1.37$1.97$4.01$0.88··$0.42$0.55
Dividend / Share $1.84$1.84$1.76$1.54$1.15$0.90$0.90$0.90·$0.75$0.63
Dividend Paid / Share $1.84$1.84$1.76$1.54$1.15$0.90$0.90····
EPS (TTM) $0.90$2.54$2.48$1.89$0.12$1.28$-0.24$0.08·$2.74$1.89
Growth Rates 10
Metric Trend 20252024202320222021202020192018201720162015
Revenue YoY -0.27%-3.6%1.6%1.6%14.1%······
Revenue CAGR 3Y -0.77%-0.15%5.6%········
Revenue CAGR 5Y 2.5%··········
EPS YoY -64.6%2.4%31.2%1475.0%-90.6%······
EPS CAGR 3Y -21.9%176.6%24.7%········
EPS CAGR 5Y -6.8%··········
Net Income YoY -63.4%1.7%21.1%-43.5%107.2%······
Net Income CAGR 3Y -23.3%-11.4%12.3%········
Net Income CAGR 5Y -12.0%··········
Dividends Paid CAGR 5Y 15.8%··········
Valuation (TTM) 16
Metric Trend 20252024202320222021202020192018201720162015
Revenue TTM $2.05B$2.06B$2.14B$2.10B$2.07B$1.81B$1.62B$1.66B·$1.71B$1.64B
Net Income TTM $31M$83M$82M$68M$120M$58M$5M$2M·$103M$76M
Market Cap $1.29B$1.29B$2.48B$2.91B$4.75B$2.85B$2.06B··$3.19B$2.13B
Enterprise Value $1.97B$1.99B$3.19B$3.46B$5.16B$3.06B$2.40B··$3.48B$2.36B
P/E 43.715.630.744.41105.068.4-268.6505.4·31.729.3
P/S 0.60.61.21.42.31.61.3··1.91.3
P/B -2.9-3.0-5.4-10.2-25.3-10.1-6.2··-816.272.8
P / Cash Flow 10.212.112.824.725.715.333.3··22.213.3
P / FCF 21.037.721.373.940.918.985.5··36.117.5
EV / EBITDA 10.98.815.121.523.821.933.4··16.913.4
EV / FCF 32.158.327.487.944.420.399.7··39.319.4
EV / Revenue 1.01.01.51.62.51.71.5··2.01.4
Dividend Yield 4.7%4.7%2.4%1.9%0.85%1.0%1.4%··0.87%1.2%
Earnings Yield 2.3%6.4%3.2%2.2%0.09%1.5%-0.37%0.20%·3.1%3.4%
Payout Ratio 200.3%72.5%71.2%80.8%33.6%74.4%840.5%1760.9%·27.1%32.8%
Annual Payout $61M$61M$58M$55M$40M$29M$29M$29M·$28M$25M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-282024-12-292023-12-312022-12-252021-12-26
Revenue $2.05B $2.06B $2.14B $2.10B $2.07B
Operating Margin % 4.3% 7.6% 6.9% 5.2% 8.1%
Net Income $31M $83M $82M $68M $120M
Diluted EPS $0.90 $2.54 $2.48 $1.89 $0.12

Institutional owners (13F) 309 filers · $1.7B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 309
Value held $1.7B
New positions 57
Exited positions 28
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
57 (-3 vs prior Q) 28 (-31 vs prior Q) 98 (+1 vs prior Q) 84 (+10 vs prior Q) +5.3M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $182,315,195 4,958,259 10.84% Shares
VANGUARD GROUP INC $139,332,221 3,619,959 8.28% Shares
EARNEST PARTNERS LLC $106,283,759 2,890,502 6.32% Shares
BRANDES INVESTMENT PARTNERS, LP $100,407,214 2,730,683 5.97% Shares
BANK OF AMERICA CORP /DE/ $83,186,059 2,262,335 4.95% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $72,126,194 1,961,550 4.29% Shares
SEI INVESTMENTS CO $60,612,336 1,648,417 3.60% Shares
Irth Capital Management LP $59,880,055 1,628,503 3.56% Shares
VANGUARD CAPITAL MANAGEMENT LLC $54,028,220 1,469,356 3.21% Shares
STATE STREET CORP $48,056,037 1,306,936 2.86% Shares
Quinn Opportunity Partners LLC $36,734,554 999,036 2.18% Shares
GEODE CAPITAL MANAGEMENT, LLC $32,521,339 884,291 1.93% Shares
SEGALL BRYANT & HAMILL, LLC $29,318,559 797,350 1.74% Shares
Greenhouse Funds LLLP $27,221,235 740,311 1.62% Shares
Balyasny Asset Management L.P. $25,739,000 700,000 1.53% Put option
BNP PARIBAS FINANCIAL MARKETS $23,937,270 6,510 1.42% Put option
DIMENSIONAL FUND ADVISORS LP $22,151,892 602,491 1.32% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $21,701,654 590,200 1.29% Call option
BARCLAYS PLC $20,958,900 570,000 1.25% Put option
JONES FINANCIAL COMPANIES LLLP $19,167,698 521,003 1.14% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $18,742,257 509,716 1.11% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $18,511,930 503,452 1.10% Shares
BOOTHBAY FUND MANAGEMENT, LLC $18,213,174 495,327 1.08% Shares
CITADEL ADVISORS LLC $18,153,349 493,700 1.08% Call option
Balyasny Asset Management L.P. $17,549,806 477,286 1.04% Shares
Shay Capital LLC $16,582,020 450,966 0.99% Shares
MORGAN STANLEY $15,230,768 414,216 0.91% Shares
Marex Group Ltd $14,723,370 400,418 0.88% Shares
Bank of New York Mellon Corp $13,941,802 379,162 0.83% Shares
Great Hill Capital LLC $13,733,080 373,486 0.82% Shares
NORTHERN TRUST CORP $13,553,938 368,614 0.81% Shares
Nuveen, LLC $12,719,589 345,923 0.76% Shares
Long Focus Capital Management, LLC $11,421,571 310,622 0.68% Shares
UBS Group AG $11,379,322 309,473 0.68% Shares
Centiva Capital, LP $11,314,129 307,700 0.67% Call option
Alberta Investment Management Corp $10,137,563 275,702 0.60% Shares
CITADEL ADVISORS LLC $9,527,107 259,100 0.57% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $9,328,549 253,700 0.55% Put option
WELLS FARGO & COMPANY/MN $9,089,730 247,205 0.54% Shares
HEARTLAND ADVISORS INC $8,392,753 228,250 0.50% Shares
GOLDMAN SACHS GROUP INC $8,199,011 222,981 0.49% Shares
VANGUARD FIDUCIARY TRUST CO $8,017,882 218,055 0.48% Shares
ENVESTNET ASSET MANAGEMENT INC $7,760,315 211,050 0.46% Shares
Invesco Ltd. $6,482,294 176,293 0.39% Shares
AMERIPRISE FINANCIAL INC $5,959,333 162,071 0.35% Shares
PRINCIPAL FINANCIAL GROUP INC $5,852,681 159,170 0.35% Shares
Kodai Capital Management LP $5,640,448 137,304 0.34% Shares
Verition Fund Management LLC $5,545,872 150,826 0.33% Shares
Fiduciary Alliance LLC $5,489,209 149,285 0.33% Shares
Caption Management, LLC $4,780,100 130,000 0.28% Put option

Show all 309 institutional owners →

Activists & 5%+ owners 7 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
STARBOARD VALUE LP, STARBOARD VALUE AND OPPORTUNITY MASTER FUND LTD, STARBOARD VALUE AND OPPORTUNITY S LLC, STARBOARD VALUE AND OPPORTUNITY C LP, STARBOARD VALUE R LP, STARBOARD VALUE R GP LLC, STARBOARD VALUE AND OPPORTUNITY MASTER FUND L LP, STARBOARD VALUE L LP, STARBOARD P FUND LP, STARBOARD VALUE P GP LLC, STARBOARD X MASTER FUND LTD, STARBOARD VALUE GP LLC, STARBOARD PRINCIPAL CO LP, STARBOARD PRINCIPAL CO GP LLC, JEFFREY C. SMITH, PETER A. FELD ×7 filings March 3, 2023 · Initial filing · SEC
John H. Schnatter ×19 filings March 30, 2020 · Initial filing · SEC
Legion Partners, L.P. I, Legion Partners, L.P. II, Legion Partners Special Opportunities, L.P. I, Legion Partners, LLC, Legion Partners Asset Management, LLC, Legion Partners Holdings, LLC, Christopher S. Kiper, Raymond White, California State Teachers’ Retirement System ×7 filings Oct. 22, 2019 · Initial filing · SEC
John H. Schnatter (2) Nov. 20, 2002 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person Jan. 28, 2002 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person Nov. 30, 2001 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person Nov. 28, 2001 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 68 insiders · 24 officers · 20 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Todd Allan Penegor President & CEO July 31, 2026 F 196,034 0 0 $0
Joseph Jude Thompson President and Co-CEO March 31, 2011 A 44,577 0 0 $0
Nigel Travis President and CEO Sept. 2, 2008 M 136,037 0 0 $0
David J Flanery Senior VP and CFO Nov. 16, 2010 M 34,125 0 0 $0
Anthony N Thompson President and COO March 5, 2014 M 66,734 0 0 $0
William M Van Epps President, U.S.A. March 31, 2009 A 3,679 0 0 $0
Robb Chase President, International May 9, 2007 A 3,500 0 0 $0
Robert J Wadell Former Chief Operating Officer Feb. 11, 2004 M 0 0 0 $0
John Kevin Vasconi Chief Digital & Tech Officer Sept. 9, 2026 F 42,057 0 0 $0
Caroline Miller Oyler Chief Administrative Officer June 5, 2026 F 64,750 0 0 $0
Robert C. Kraut SVP, Chief Marketing Officer Aug. 21, 2015 A 8,034 0 0 $0
Thomas V. Sterrett SVP, International June 7, 2013 S 6,549 0 0 $0
Andrew M. Varga SVP, Chief Marketing Officer Feb. 28, 2013 A 19,956 0 0 $0
Christopher J Sternberg SVP, Corp Comm & GC May 3, 2012 M 39,610 0 0 $0
Annette W Calhoun SVP, Human Resources Sept. 21, 2011 F 10,222 0 0 $0
Timothy M North SVP, North American Operations Jan. 31, 2011 A 9,493 0 0 $0
Donna S. Alcorn SVP, Research & Development May 6, 2010 S 7,663 0 0 $0
William M Mitchell Senior VP March 31, 2010 A 12,017 0 0 $0
Charles W Schnatter Senior VP and CDO Feb. 25, 2010 M 247,302 0 0 $0
Lou H Jones Senior VP and General Counsel Dec. 31, 2008 A 2,134 0 0 $0
Peter Mccue Senior VP Dec. 31, 2008 A 1,634 0 0 $0
Richard J Emmett Senior Vice President March 9, 2007 M 11,700 0 0 $0
Michael Cortino Senior Vice President Jan. 31, 2007 A 0 0 0 $0
Gary L Langstaff Sr. VP & Chief Mktg Officer Dec. 10, 2003 A · 0 0 $0
Jocelyn C Mangan Director May 29, 2026 A 20,730 0 0 $0
Sonya E Medina Director May 29, 2026 A 24,174 0 0 $0
John W Garratt Director May 29, 2026 A 11,897 0 0 $0
Christopher L. Coleman Director May 29, 2026 A 49,186 0 0 $0
Stephen L Gibbs Director May 29, 2026 A 11,897 0 0 $0
John C Miller Director May 29, 2026 A 12,130 0 0 $0
Laurette T Koellner Director May 29, 2026 A 30,971 0 0 $0
Norborne P Cole Director March 3, 2016 S 39,699 0 0 $0
Philip Guarascio Director Feb. 26, 2015 A 19,591 0 0 $0
William M Street Director March 1, 2013 M 75,739 0 0 $0
Wade S Oney Director Feb. 28, 2012 S 13,218 0 0 $0
Alex Smith Director Dec. 31, 2010 A 17,747 0 0 $0
John Hatab Director May 8, 2008 A · 0 0 $0
William F Barnett Director May 8, 2008 A 16,000 0 0 $0
LAUGHERY JACK A Director Aug. 31, 2006 A 5,000 0 0 $0
Frazier Owsley Brown Director Nov. 21, 2005 M 2,000 0 0 $0
SHERMAN RICHARD F Director Oct. 30, 2003 M 200 0 0 $0
John H Schnatter 10% owner Feb. 10, 2020 S 1,881,606 0 0 $0
Ravi Thanawala · March 25, 2026 F 87,306 0 0 $0
Christopher K Collins · March 2, 2026 A 21,491 0 0 $0
Joseph Sieve · Nov. 6, 2025 F 16,651 0 0 $0
Anthony Michael Sanfilippo · Nov. 29, 2024 A 21,504 0 0 $0
Robert Lynch · March 4, 2024 A 161,052 0 0 $0
Shaquille R O'Neal · Feb. 23, 2024 A 46,231 0 0 $0
Amanda Clark · Nov. 24, 2023 A 14,889 0 0 $0
Christopher Maxwell Wetzel · March 1, 2023 F 13,101 0 0 $0
Ann B Gugino · March 1, 2023 F 23,304 0 0 $0
Smith Jeffrey C · March 1, 2023 D 103,027 0 0 $0
Olivia F Kirtley · Feb. 17, 2023 A 89,657 0 0 $0
Marvin Boakye · Oct. 31, 2022 A 12,048 0 0 $0
Jack H Swaysland · March 1, 2022 F 13,886 0 0 $0
James Norberg · Aug. 12, 2021 M 5,545 0 0 $0
Michael R Dubin · Feb. 19, 2021 A 4,165 0 0 $0
Steven R Coke · Aug. 13, 2020 M 13,555 0 0 $0
Joseph H Smith IV · March 1, 2020 F 40,977 0 0 $0
PAPA JOHNS INTERNATIONAL INC · Nov. 18, 2019 A 6,696 0 0 $0
Michael R Nettles · March 1, 2019 F 28,228 0 0 $0
Steve M Ritchie · March 1, 2019 F 637 0 0 $0
Timothy C Ohern · Aug. 24, 2018 A 24,700 0 0 $0
Lance F. Tucker · March 2, 2018 M 7,638 0 0 $0
Mark S Shapiro · March 2, 2018 M 25,070 0 0 $0
Brandon P Rhoten · March 1, 2018 A 4,690 0 0 $0
Wayne Kent Taylor · Nov. 9, 2017 P 35,182 0 0 $0
Julie Larner · Dec. 31, 2008 A 11,710 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 47 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EPSB · Harbor ETF Trust 0.98% 1,561 NS July 31, 2026 N-PORT
PSCD · Invesco Exchange-Traded Fund Trust … 0.29% 3,328 SH Oct. 2, 2026 Daily
FYC · First Trust Exchange-Traded AlphaDE… 0.22% 95,465 NS July 31, 2026 N-PORT
RWJ · Invesco Exchange-Traded Fund Trust … 0.12% 115,380 SH Oct. 2, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.07% 114,815 SH Aug. 19, 2026 Daily
VIOV · VANGUARD ADMIRAL FUNDS 0.07% 37,002 SH Aug. 19, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.07% 26,596 SH Aug. 19, 2026 Daily
VCR · VANGUARD WORLD FUND 0.07% 128,722 SH Aug. 19, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.06% 83,231 SH Oct. 2, 2026 Daily
VIOG · VANGUARD ADMIRAL FUNDS 0.06% 18,406 SH Aug. 19, 2026 Daily
FDIS · FIDELITY COVINGTON TRUST 0.06% 32,211 NS July 31, 2026 N-PORT
FYX · First Trust Exchange-Traded AlphaDE… 0.05% 23,724 NS July 31, 2026 N-PORT
EBIT · Harbor ETF Trust 0.05% 192 NS July 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.04% 8,647 NS July 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.04% 191,043 SH Aug. 19, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.04% 8,875 NS July 31, 2026 N-PORT
RSSL · Global X Funds 0.03% 15,852 NS July 31, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.03% 479,435 SH Aug. 19, 2026 Daily
IWM · iShares Trust 0.02% 851,006 SH Sept. 11, 2026 Daily
DFAS · Dimensional ETF Trust 0.01% 72,644 NS July 31, 2026 N-PORT
OMFS · Invesco Exchange-Traded Self-Indexe… 0.01% 1,745 SH Oct. 2, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.01% 380,687 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.01% 756,684 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.01% 2,915 SH Aug. 19, 2026 Daily
WSML · iShares Trust 0.01% 2,005 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.01% 4,424 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 5,122 NS July 31, 2026 N-PORT
IWO · iShares Trust 0.00% 24,515 SH Sept. 11, 2026 Daily
DFAC · Dimensional ETF Trust 0.00% 46,649 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.00% 7,481 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.00% 1,400 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 11,207 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.00% 8,989 SH Sept. 3, 2026 Daily
ITOT · iShares Trust 0.00% 39,657 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 1,033,807 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 22,301 SH Aug. 19, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.00% 129,887 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 2,833 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.00% 7,342 SH Aug. 19, 2026 Daily
IJR · iShares Trust · 2,012,325 SH Sept. 10, 2026 Daily
IJT · iShares Trust · 146,872 SH Sept. 9, 2026 Daily
IJS · iShares Trust · 156,692 SH Sept. 8, 2026 Daily
IWN · iShares Trust · 284,142 SH Sept. 11, 2026 Daily
XJR · iShares Trust · 4,554 SH Aug. 31, 2026 Daily
ISCB · iShares Trust · 1,505 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 7,277 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 37,308 SH Sept. 11, 2026 Daily

PZZA Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 23 analysts HOLD
Median target $27.50 +41.5%
3 13.0% Strong Buy
6 26.1% Buy
13 56.5% Hold
1 4.3% Sell
0 0.0% Strong Sell

12-Month Price Target

8 analysts · 2026-10-03

Mean target $29.00 +49.3%

← Below all targets Current price $19.43
Low$24.00 Mean$29.00 High$43.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PZZA $1.29B 43.7 -0.27% 1.5% -7.0% ·
SG $826M -6.1 0.39% -19.7% -34.4% ·
BLMN $579M 67.9 0.14% 0.21% 3.5% ·
FWRG $966M 51.3 20.3% 1.6% 3.2% ·
KRUS · -530.0 18.9% -0.67% -0.83% ·
DNUT $734M -1.4 -8.6% -33.9% -57.8% ·
LOCO $313M 11.6 3.6% 5.4% 9.4% ·
NATH · 20.8 9.4% · · ·
SERV $776M -6.4 46.2% -3823.5% -36.3% -580.2%
MCD · 25.6 3.7% 31.9% -376.3% ·

Latest News Recent headlines mentioning this company

23

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26

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Source: SEC 10-Q filed Aug 6, 2026