Papa Johns International Inc (PZZA) stock
PZZANasdaqRetail-Eating PlacesFiscal year ends December 27
Financials through Q3 FY2026, quarter ended Sep 27, 2026Last filing: 10-Q on Nov 5, 2026Score 13/3036% below fair value
$19.19−0.79 (-3.95%)
Close on Nov 11, 2026Market cap $631.77MP/E 25.6Yield 9.59%
Papa Johns International operating margin
Operating margin is operating income as a percentage of revenue.
Papa Johns International's operating margin for the twelve months ending Sep 27, 2026 was 4.3%. For fiscal 2025 it was 4.3%, against 7.6% the year before. The highest annual figure on record is 9.6% in fiscal 2016.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 28, 2025 | 4.3% | −3.3 |
| FY2024 | Dec 29, 2024 | 7.6% | +0.7 |
| FY2023 | Dec 31, 2023 | 6.9% | +1.7 |
| FY2022 | Dec 25, 2022 | 5.2% | −2.9 |
| FY2021 | Dec 26, 2021 | 8.1% | +3.2 |
| FY2020 | Dec 27, 2020 | 5.0% | +3.5 |
| FY2019 | Dec 29, 2019 | 1.5% | −0.4 |
| FY2018 | Dec 30, 2018 | 1.9% | −6.6 |
| FY2017 | Dec 31, 2017 | 8.5% | −1.1 |
| FY2016 | Dec 25, 2016 | 9.6% | +1.3 |
| FY2015 | Dec 27, 2015 | 8.3% | +1.0 |
| FY2014 | Dec 28, 2014 | 7.4% | −0.0 |
| FY2013 | Dec 29, 2013 | 7.4% | −0.0 |
| FY2012 | Dec 30, 2012 | 7.4% | +0.3 |
| FY2011 | Dec 25, 2011 | 7.1% | −0.6 |
| FY2010 | Dec 26, 2010 | 7.7% | −1.1 |
| FY2009 | Dec 27, 2009 | 8.8% | +3.0 |
| FY2008 | Dec 28, 2008 | 5.8% | +0.8 |
| FY2007 | Dec 30, 2007 | 5.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 27, 2026 | 3.1% | −0.1 |
| Q2 FY2026 | Jun 28, 2026 | 4.8% | +0.2 |
| Q1 FY2026 | Mar 29, 2026 | 4.3% | −0.3 |
| Q4 FY2025 | Dec 28, 2025 | 4.9% | −0.6 |
| Q3 FY2025 | Sep 28, 2025 | 3.2% | −9.7 |
| Q2 FY2025 | Jun 29, 2025 | 4.6% | −0.9 |
| Q1 FY2025 | Mar 30, 2025 | 4.6% | −1.9 |
| Q4 FY2024 | Dec 29, 2024 | 5.6% | −1.9 |
| Q3 FY2024 | Sep 29, 2024 | 12.9% | +6.8 |
| Q2 FY2024 | Jun 30, 2024 | 5.6% | −1.2 |
| Q1 FY2024 | Mar 31, 2024 | 6.6% | −0.6 |
| Q4 FY2023 | Dec 31, 2023 | 7.5% | +0.6 |
| Q3 FY2023 | Sep 24, 2023 | 6.1% | +2.3 |
| Q2 FY2023 | Jun 25, 2023 | 6.8% | −0.7 |
| Q1 FY2023 | Mar 26, 2023 | 7.2% | +4.5 |
| Q4 FY2022 | Dec 25, 2022 | 6.9% | −0.3 |
| Q3 FY2022 | Sep 25, 2022 | 3.8% | −3.7 |
| Q2 FY2022 | Jun 26, 2022 | 7.4% | −1.2 |
| Q1 FY2022 | Mar 27, 2022 | 2.7% | −6.5 |
| Q4 FY2021 | Dec 26, 2021 | 7.2% | +3.0 |
| Q3 FY2021 | Sep 26, 2021 | 7.5% | +2.3 |
| Q2 FY2021 | Jun 27, 2021 | 8.7% | +2.0 |
| Q1 FY2021 | Mar 28, 2021 | 9.2% | +5.4 |
| Q4 FY2020 | Dec 27, 2020 | 4.2% | +4.2 |
| Q3 FY2020 | Sep 27, 2020 | 5.2% | +4.0 |
| Q2 FY2020 | Jun 28, 2020 | 6.6% | +3.1 |
| Q1 FY2020 | Mar 29, 2020 | 3.8% | +2.4 |
| Q4 FY2019 | Dec 29, 2019 | -0.0% | +1.8 |
| Q3 FY2019 | Sep 29, 2019 | 1.2% | +4.9 |
| Q2 FY2019 | Jun 30, 2019 | 3.6% | −2.2 |
| Q1 FY2019 | Mar 31, 2019 | 1.4% | −4.9 |
| Q4 FY2018 | Dec 30, 2018 | -1.8% | −9.7 |
| Q3 FY2018 | Sep 30, 2018 | -3.7% | −11.4 |
| Q2 FY2018 | Jul 1, 2018 | 5.8% | −2.8 |
| Q1 FY2018 | Apr 1, 2018 | 6.3% | −3.5 |
| Q4 FY2017 | Dec 31, 2017 | 7.8% | −3.9 |
| Q3 FY2017 | Sep 24, 2017 | 7.8% | – |
| Q2 FY2017 | Jun 25, 2017 | 8.6% | – |
| Q1 FY2017 | Mar 26, 2017 | 9.7% | – |
| Q4 FY2016 | Dec 25, 2016 | 11.7% | – |
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