The Tip Desk

PAPA JOHNS INTERNATIONAL INC

Company Stats

Market Cap
$648.7M
as of Sep 30, 2026
Enterprise Value
$1.3B
Shares Outstanding
32.9M
Free Float
92.4%

Income Statement

Revenue
$2.1B
Operating Income
$89.1M
Net Income
$30.5M
EBITDA
$181.4M
Non-cash Impairment
$15.8M
Revenue Growth, 3Y
-0.8%
FCF Margin, 3Y Avg
3.4%
FCF Margin, Worst Year
1.7%

Cash Flow

Free Cash Flow
$61.3M
FCF Yield
9.5%
Owner FCF Yield
7.1%

Balance Sheet

Cash & Equivalents
$34.6M
Total Debt
$722.3M
Net Debt
$687.7M
Net Debt / EBITDA
3.79x
EV / EBITDA
7.37x
Net Debt / EBIT
7.71x

Returns & Capital

Dividends Paid
$61.1M
Dividend Yield
9.4%
Dividend Payout, 3Y Avg
114.7%
Buyback Yield, 3Y Avg
10.9%
SBC, 3Y Avg
$14.2M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$2.1B$61.3M3.0%
FY2024$2.1B$34.1M1.7%
FY2023$2.1B$116.4M5.5%
FY2022$2.1B$39.4M1.9%
FY2021$2.1B$116.1M5.6%

Annual filing data through FY ended December 28, 2025; shares and float as of October 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage