Stocks · Consumer Cyclical · Restaurants
Papa John's International, Inc. PZZA
$19.43 -0.87% Close, Oct 2, 2026 · NASDAQ · Market cap $639.3M
Weak trend
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.79, down 65.0% year over year.
- Over the past year the stock returned -59.7%, behind the S&P 500 by 74.8 percentage points.
- The stock is 65% below its highest close of the past year.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth5Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 16%
- EPS growth (TTM, YoY)Bottom 17%
- FCF growth (TTM, YoY)Bottom 20%
- Revenue growth, 3-year CAGRBottom 36%
- Revenue growth accelerationBottom 13%
Quality46Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 36%
- Gross marginBottom 27%
- Operating marginBottom 37%
- Cash conversion (OCF / net income)Top 12%
- Accruals (lower is better)Top 28%
- Net debt / EBITDA (lower is better)Bottom 36%
- Interest coverBottom 23%
Value74Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 48%
- Free-cash-flow yieldBottom 49%
- EBITDA / enterprise valueTop 10%
- Sales / enterprise valueTop 31%
- P/E vs own 5-year history (lower is better)Top 39%
Momentum2Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 5%
- 6-month returnBottom 3%
- 1-year return vs S&P 500Bottom 5%
- Distance from 52-week highBottom 7%
- Trend checklist (0–4)Bottom 18%
Revisions28Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 20%
- Consecutive EPS beatsBottom 33%
- Share of analysts rating BuyBottom 49%
- Upside to consensus price targetTop 45%
Stability30Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 30%
- Maximum drawdown, 3 yearsBottom 18%
- Beta vs S&P 500 (lower is better)Top 45%
- Net debt / EBITDA (lower is better)Bottom 36%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -2.4% | -5.6% | ↓ |
| EPS growth (YoY) | -64.7% | -65.0% | ↓ |
| Gross margin | 27.2% | 23.2% | ↓ |
| Operating margin | 6.9% | 4.1% | ↓ |
| FCF margin | 2.8% | 1.7% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -5.6% | -2.4% | ↓ | Bottom 16% |
| EPS growth (TTM, YoY) | -65.0% | -64.7% | ↓ | Bottom 17% |
| Gross margin | 23.2% | 27.2% | ↓ | Bottom 27% |
| Operating margin | 4.1% | 6.9% | ↓ | Bottom 37% |
| Net margin | 1.4% | 3.6% | ↓ | — |
| Free-cash-flow margin | 1.7% | 2.8% | ↓ | — |
| Return on invested capital | 9.0% | — | Top 36% | |
| Revenue growth, 3-year CAGR | -0.8% | — | Bottom 36% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -8.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -6.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.80×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 9.62%
- Net buyback yield (TTM)
- 0.05%
- Shareholder yield
- 9.67%
- Share count change, 1 year
- +0.5%
- Share count change, 3-year CAGR
- +0.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 28, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- -8.5%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $26.00
- Target vs current price
- +33.8%
- Analysts with a rating
- 32
- Share rating Buy or Strong Buy
- 50%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +3.0% | -17.2% | -19.0% | -23.9% | — |
| May 7, 2026 | -20.0% | -2.8% | -3.2% | -4.4% | -8.0% |
| Feb 26, 2026 | +3.0% | -8.6% | -8.9% | -2.1% | -3.2% |
| Nov 6, 2025 | -20.0% | +3.8% | -1.2% | +2.7% | -17.7% |
| Aug 7, 2025 | +20.6% | +8.6% | +17.3% | +16.9% | +26.5% |
| May 8, 2025 | +9.1% | +15.9% | +20.9% | +42.7% | +20.4% |
| Feb 27, 2025 | +21.2% | +1.4% | -3.1% | -11.8% | -8.0% |
| Nov 7, 2024 | +2.4% | -4.6% | -12.7% | -13.9% | -32.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.46 | $0.45 | +3.0% | $482.4M |
| May 7, 2026 | $0.32 | $0.40 | -20.0% | $478.6M |
| Feb 26, 2026 | $0.34 | $0.33 | +3.0% | $498.2M |
| Nov 6, 2025 | $0.32 | $0.40 | -20.0% | $508.2M |
| Aug 7, 2025 | $0.41 | $0.34 | +20.6% | $529.2M |
| May 8, 2025 | $0.36 | $0.33 | +9.1% | $518.3M |
| Feb 27, 2025 | $0.63 | $0.52 | +21.2% | $530.8M |
| Nov 7, 2024 | $0.43 | $0.42 | +2.4% | $506.8M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 24.6× | 31.2× | 35th | Bottom 48% |
| P/E (forward) | 16.3× | — | — | — |
| EV / EBITDA | 6.5× | — | — | Top 10% |
| EV / Sales | 0.79× | — | — | Top 31% |
| Free-cash-flow yield | 5.36% | — | — | Bottom 49% |
| Earnings yield | 4.07% | — | — | Bottom 48% |
P/E over the past five years
Range 16.4× – 46.1× since Jun 26, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -59.7%
- Earnings per share growth (TTM)
- -65.0%
- Change in P/E multiple
- +60.2%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -18.6%
- 200-day average slope (20 days)
- -6.0%
- Distance from 50-day average
- -17.9%
- Distance from 200-day average
- -39.4%
- RSI (14)
- 31.9
- Relative volume
- 0.66×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 52.5%
- Volatility vs own 5-year history
- 81th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.99
- Correlation with S&P 500
- 0.26
- Current drawdown from 1-year high
- -64.9%
- Maximum drawdown, 3 years
- -75.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 4, 2021 | Oct 2, 2026 | -86.1% | 1231 days | Not yet recovered |
| Feb 12, 2021 | Mar 8, 2021 | -27.3% | 15 days | 86 days (Jul 9, 2021) |
| Sep 29, 2020 | Nov 3, 2020 | -13.0% | 25 days | 29 days (Dec 15, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $639.3M
- P/E (TTM)
- 24.6
- EPS, diluted (TTM)
- $0.79
- Revenue (TTM)
- $1.97B
- Dividend yield
- 7.10%
- 52-week range
- $19.31 – $55.74
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.07B | $2.10B | $2.14B | $2.06B | $2.05B |
| Gross profit | $429.3M | $388.4M | $419.3M | $581.0M | $593.3M |
| Operating income | $168.2M | $109.0M | $147.1M | $156.7M | $89.1M |
| Net income | $120.0M | $67.8M | $82.1M | $83.5M | $30.5M |
| EPS (diluted) | $3.40 | $1.89 | $2.48 | $2.54 | $0.90 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $506.8M | $530.8M | $518.3M | $529.2M | $508.2M | $498.2M | $478.6M | $482.4M |
| Net income | $41.8M | $14.8M | $9.2M | $9.5M | $4.7M | $7.1M | $7.3M | $8.5M |
| EPS (diluted) | $1.27 | $0.44 | $0.27 | $0.28 | $0.13 | $0.21 | $0.21 | $0.24 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $184.7M | $117.8M | $193.1M | $106.6M | $126.0M |
| Capital expenditure | -$68.6M | -$78.4M | -$76.6M | -$72.5M | -$64.7M |
| Free cash flow | $116.1M | $39.4M | $116.4M | $34.1M | $61.3M |
| Dividends paid | -$40.4M | -$54.8M | -$58.5M | -$60.6M | -$61.1M |
| Net share buybacks | -$249.2M | -$130.5M | -$210.3M | -$1.0M | -$1.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $28.5M
- Total assets
- $805.0M
- Total liabilities
- $1.25B
- Total debt
- $935.5M
- Net debt
- $907.0M
- Shareholders’ equity
- -$453.1M
As of Jun 28, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| May 18, 2026 | $0.46 | May 29, 2026 |
| Feb 9, 2026 | $0.46 | Feb 20, 2026 |
| Nov 17, 2025 | $0.46 | Nov 28, 2025 |
| Aug 18, 2025 | $0.46 | Aug 29, 2025 |
| May 19, 2025 | $0.46 | May 30, 2025 |
| Feb 10, 2025 | $0.46 | Feb 21, 2025 |
| Nov 18, 2024 | $0.46 | Nov 29, 2024 |
| Aug 19, 2024 | $0.46 | Aug 30, 2024 |
Short interest
- Shares sold short
- 6,959,501
- Days to cover
- 4.83
- Change vs previous report
- +15.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 30, 2013
- 2-for-1
- Jan 17, 2006
- 2-for-1
- Nov 25, 1996
- 3-for-2
- Mar 26, 1996
- 3-for-2