Papa John's International Inc (PZZA)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 580,961 | 657,072 | 390,539 | 429,322 | 344,200 |
| Revenue | US$ in thousands | 2,059,390 | 2,135,710 | 2,102,100 | 2,068,420 | 1,813,230 |
| Gross profit margin | 28.21% | 30.77% | 18.58% | 20.76% | 18.98% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $580,961K ÷ $2,059,390K
= 28.21%
Papa John's International Inc's gross profit margin has shown fluctuation over the years based on the provided data. The margin stood at 18.98% as of December 31, 2020, and increased to 20.76% by December 31, 2021. However, there was a slight decrease to 18.58% by December 31, 2022. Subsequently, a significant improvement was observed with the margin reaching 30.77% by December 31, 2023, followed by a slight decrease to 28.21% by December 31, 2024. Overall, the company has demonstrated some variability in its gross profit margin performance, with notable improvements in some periods. Further analysis would provide insights into the factors driving these fluctuations and their impact on the company's financial health.
Peer comparison
Dec 31, 2024