Papa John's International Inc (PZZA)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	82,098	67,772	120,016	57,932	4,866
Total stockholders’ equity	US$ in thousands	-459,092	-286,393	-187,670	-282,178	-332,321
ROE		—	—	—	—	—

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $82,098K ÷ $-459,092K
= —

Since the table does not provide the specific ROE values for Papa John's International, Inc. for the years ending Dec 31, 2023, Dec 25, 2022, Dec 26, 2021, Dec 27, 2020, and Dec 29, 2019, we are unable to calculate or analyze the trend of the return on equity (ROE) for the company over the past five years.

ROE is a key financial ratio that indicates the efficiency with which a company is utilizing its equity to generate profit. A consistently high ROE signifies effective management of the company's assets to produce earnings for shareholders.

To provide a detailed and comprehensive analysis of Papa John's ROE, we would need specific values for each year to calculate and interpret the trend, individual year performances, and compare them to industry benchmarks or competitors. This information would help assess the company's profitability and the returns generated for its shareholders over time, providing valuable insights into its financial performance and overall stability.