Papa John's International Inc (PZZA)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 114,126 125,356 91,246 97,553 103,673 101,838 93,186 102,372 83,768 86,979 109,739 117,904 150,948 134,838 121,153 107,072 75,362 54,501 34,266 17,318
Revenue (ttm) US$ in thousands 2,059,387 2,099,939 2,115,944 2,122,580 2,135,713 2,090,625 2,078,325 2,086,460 2,102,103 2,104,754 2,107,024 2,099,367 2,068,421 2,009,347 1,969,506 1,915,121 1,813,234 1,760,937 1,691,702 1,630,702
Pretax margin 5.54% 5.97% 4.31% 4.60% 4.85% 4.87% 4.48% 4.91% 3.98% 4.13% 5.21% 5.62% 7.30% 6.71% 6.15% 5.59% 4.16% 3.09% 2.03% 1.06%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $114,126K ÷ $2,059,387K
= 5.54%

Papa John's International Inc's pretax margin has shown fluctuating trends over the reported periods. The pretax margin increased steadily from 1.06% in March 2020 to 7.30% in December 2021, indicating improving profitability. However, there was a slight decline in the pretax margin to 3.98% by December 2022, followed by a recovery to 5.97% by September 2024.

Overall, the pretax margin for Papa John's International Inc has demonstrated a mixed performance, with significant gains in profitability followed by some periods of decline. It is essential for investors and stakeholders to closely monitor the company's pretax margin to assess its financial health and operational efficiency.