What is the 13F Pro Quality Score for PZZA?

13F Pro ranks PAPA JOHNS INTERNATIONAL INC (PZZA) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View PZZA's current score at https://13fpro.ai/company/PZZA (free sign-up required for the full ranking).

Which hedge funds own the most PZZA stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of PZZA include BlackRock,, EARNEST PARTNERS, BRANDES INVESTMENT PARTNERS,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/PZZA as soon as new 13F filings post.

Where does 13F Pro source PZZA data?

All PAPA JOHNS INTERNATIONAL INC fundamentals and ownership data come directly from SEC EDGAR. PAPA JOHNS INTERNATIONAL INC files with the SEC under CIK 901491. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is PZZA in?

PAPA JOHNS INTERNATIONAL INC (PZZA) is classified in the Consumer Discretionary sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-discretionary.

What drives PZZA's revenue?

Per PAPA JOHNS INTERNATIONAL INC's latest 10-Q filed with the SEC on 2026-08-06, the biggest revenue drivers are: Commissary revenues ($230.8M, -1.6% YoY); Company-owned restaurant sales ($142.2M, -20.6% YoY); Franchise royalties and fees ($46.6M, -3.6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/PZZA.

What are PZZA's largest expenses?

PAPA JOHNS INTERNATIONAL INC's latest 10-Q reports these as the largest expense items: Cost of sales ($339.0M, -8.8% YoY); General and administrative expenses ($59.0M, -15.9% YoY); Depreciation and amortization ($19.2M, +2.3% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 28, 2026).

How often is PZZA research updated on 13F Pro?

PZZA's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

PAPA JOHNS INTERNATIONAL INC(PZZA)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Consumer Discretionary →Nasdaqsmall

Institutional-grade research for retail investors

SEC EDGAR: CIK 901491 PZZA stock profile & AI dashboard →

13F Pro Quality Score

42.5/100

Rank #2,013 of 2,961 stocks

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

18.2/100

Profitability

33.1/100

Balance Sheet

60.9/100

Earnings Quality

81.0/100

Free Cash Flow

31.6/100

Institutional Flow

33.1/100

Revenue Scale

62.9/100

Dilution Risk

66.2/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why PZZA Scores 43/100

exact factor attribution · 2026-09-11

PZZA's composite is driven by earnings quality and scale, held back by revenue growth and free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Earnings quality

+3.1 pts

81th pct

Scale

+1.9 pts

63th pct

Capital efficiency

+1.1 pts

61th pct

Shareholder dilution

+0.8 pts

66th pct

Institutional flow

-0.8 pts

33th pct

Earnings growth

-1.9 pts

12th pct

Profitability

-2.5 pts

33th pct

Free cash flow

-2.8 pts

32th pct

Revenue growth

-6.4 pts

18th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

PZZA Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for PAPA JOHNS INTERNATIONAL INC (PZZA), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores PZZA at 42.5/100 on a 32-signal composite quality model, placing it at rank #2,013 of 2,961 stocks — the bottom half of the AI-ranked universe. PZZA scores in the top quartile across earnings quality (81.0). Areas of concern include revenue growth (18.2) and free cash flow (31.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), PAPA JOHNS INTERNATIONAL INC reports quarterly revenue of $482.4M, net income of $8.5M, an operating margin of 4.8%. Top institutional holders of PZZA by reported 13-F value include BlackRock, EARNEST PARTNERS, BRANDES INVESTMENT PARTNERS, based on the most recent SEC filings. PZZA trades on the Nasdaq exchange and files with the SEC under CIK 901491. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PZZA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PAPA JOHNS INTERNATIONAL INC directly from SEC EDGAR. PAPA JOHNS INTERNATIONAL INC's 13F Pro composite quality score has ranged between 42 and 63 since 2021, currently 42.5 — a declining long-term trajectory across 65 quarterly and live scoring snapshots.

What's Driving PZZA's Business? Latest 10-Q Breakdown

✓ 22/22 datapoints verified

AI-extracted from PAPA JOHNS INTERNATIONAL INC's 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 28, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Papa John's Q2 revenue fell 8.8% YoY to $482.4M as North America comparable sales declined 8.3%, though International showed resilience with +1.5% comp growth.

Biggest Revenue Drivers

Commissary revenues$230.8M-1.6% YoY

North American and International QC Centers; decrease primarily from lower transaction volumes, partially offset by higher prices.

Company-owned restaurant sales$142.2M-20.6% YoY

Decrease driven by ~$25M from 85 restaurants refranchised in Nov 2025 and lower Domestic comparable sales of -8.9%.

Biggest Revenue Drivers

Total revenue: $482.4M-8.8% YoY

Commissary revenues$230.8M-1.6% YoY

North American and International QC Centers; decrease primarily from lower transaction volumes, partially offset by higher prices.

Company-owned restaurant sales$142.2M-20.6% YoY

Decrease driven by ~$25M from 85 restaurants refranchised in Nov 2025 and lower Domestic comparable sales of -8.9%.

Franchise royalties and fees$46.6M-3.6% YoY

Decrease from North America franchisees due to comparable sales decline of -8.2%, partially offset by International growth of +1.5%.

Advertising funds revenue$41.4M-6.4% YoY

PJMF and local/International marketing funds; decline driven by global system-wide sales decline of -4.8%.

Largest Expense Items

Cost of sales$339.0M-8.8% YoY

Decrease primarily from fewer Company-owned restaurants post-refranchising and lower transaction volumes, partially offset by higher labor and technology costs.

General and administrative expenses$59.0M-15.9% YoY

Includes $3.6M restructuring costs for Enterprise Transformation Plan; decreased by lower supplemental advertising and management compensation reductions.

Depreciation and amortization$19.2M+2.3% YoY

Includes ~$0.9M accelerated depreciation from new point-of-sale system deployment and $0.7M from 25 Company-owned restaurant closures.

Margins: Operating income margin contracted slightly to 4.8% of revenues (from 4.6% in Q2 2025). Gross margin pressure from lower transaction volumes and higher prices was partially offset by improved labor productivity and lower local advertising costs. G&A as a percentage of revenues improved to 12.2% from 13.3% YoY due to cost reduction initiatives.

Watch Items from the Filing

North America comparable sales declined 8.3% QoQ and 7.4% YTD in 2026; management acknowledges softer consumer environment and plans elevated restaurant closures through 2027 to optimize portfolio.
Enterprise Transformation Plan: Company expects $24M-$31M total restructuring charges (inclusive of $16.4M already incurred); $30M+ G&A savings targeted across 2026-2027.
Multi-year point-of-sale software commitment: ~$125M-$140M contractual obligation through Dec 2034; deployment required by Nov 2026 and Nov 2027; estimated $5M-$10M incremental accelerated depreciation.
Dividend suspended beginning Q3 2026 (August) to reallocate capital toward transformation strategy; no share repurchases in H1 2026; leverage ratio 3.3x, near mid-range of covenant.
International segment showed resilience: +1.5% comp sales QoQ, +2.5% YTD; International now represents 9.3% of revenues; segment adjusted EBITDA up $1.7M QoQ to $7.4M.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$482.4M

Net Income

Q2 2026

$8.5M

Free Cash Flow

Q2 2026

$15.7M

Operating Margin

Q2 2026

4.8%

ROIC

Q2 2026

33.8%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

-0.3% YoY

$2.05BFY 2025

FY22 $2.10BFY23 $2.14BFY24 $2.06BFY25 $2.05B

Net Income

-63.4% YoY

$30.5MFY 2025

FY22 $67.8MFY23 $82.1MFY24 $83.5MFY25 $30.5M

Operating Income

-43.1% YoY

$89.1MFY 2025

FY22 $109.0MFY23 $147.1MFY24 $156.7MFY25 $89.1M

EPS (Diluted)

-64.6% YoY

$0.90FY 2025

FY22 $1.89FY23 $2.48FY24 $2.54FY25 $0.90

Total Assets

-5.8% YoY

$837.5MFY 2025

FY22 $864.2MFY23 $875.0MFY24 $889.0MFY25 $837.5M

Total Debt

-1.9% YoY

$727.3MFY 2025

FY22 $597.1MFY23 $757.4MFY24 $741.6MFY25 $727.3M

Op. Cash Flow

+18.2% YoY

$126.0MFY 2025

FY22 $117.8MFY23 $193.1MFY24 $106.6MFY25 $126.0M

Free Cash Flow

+79.5% YoY

$61.3MFY 2025

FY22 $39.4MFY23 $116.4MFY24 $34.1MFY25 $61.3M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$2.05B -0.3%	$2.06B -3.6%	$2.14B +1.6%	$2.10B +1.6%	$2.07B +14.1%	$1.81B
Net Income	$30.5M -63.4%	$83.5M +1.7%	$82.1M +21.1%	$67.8M -43.5%	$120.0M +107.2%	$57.9M
Operating Income	$89.1M -43.1%	$156.7M +6.5%	$147.1M +35.0%	$109.0M -35.2%	$168.2M +86.4%	$90.3M
EPS (Diluted)	$0.90 -64.6%	$2.54 +2.4%	$2.48 +31.2%	$1.89 +1475.0%	$0.12 -90.6%	$1.28
Total Assets	$837.5M -5.8%	$889.0M +1.6%	$875.0M +1.2%	$864.2M -2.4%	$885.7M +1.5%	$872.8M
Total Debt	$727.3M -1.9%	$741.6M -2.1%	$757.4M +26.9%	$597.1M +24.2%	$480.7M +38.0%	$348.3M
Operating Cash Flow	$126.0M +18.2%	$106.6M -44.8%	$193.1M +63.9%	$117.8M -36.2%	$184.7M -0.9%	$186.4M
Free Cash Flow	$61.3M +79.5%	$34.1M -70.7%	$116.4M +195.4%	$39.4M -66.1%	$116.1M -23.0%	$150.8M

Get alerted when PZZA's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for PAPA JOHNS INTERNATIONAL INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of PZZA

BlackRock, Inc.
$182.3M4,958,259 sh
EARNEST PARTNERS LLC
$106.3M2,890,502 sh
BRANDES INVESTMENT PARTNERS, LP
$100.4M2,730,683 sh
BANK OF AMERICA CORP /DE/
$83.2M2,262,335 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$72.1M1,961,550 sh
SEI INVESTMENTS CO
$60.6M1,648,417 sh
Irth Capital Management LP
$59.9M1,628,503 sh
VANGUARD CAPITAL MANAGEMENT LLC
$54.0M1,469,356 sh
STATE STREET CORP
$48.1M1,306,936 sh
Quinn Opportunity Partners LLC
$36.7M999,036 sh

Fund	Value	Shares
BlackRock, Inc.	$182.3M	4,958,259
EARNEST PARTNERS LLC	$106.3M	2,890,502
BRANDES INVESTMENT PARTNERS, LP	$100.4M	2,730,683
BANK OF AMERICA CORP /DE/	$83.2M	2,262,335
VANGUARD PORTFOLIO MANAGEMENT LLC	$72.1M	1,961,550
SEI INVESTMENTS CO	$60.6M	1,648,417
Irth Capital Management LP	$59.9M	1,628,503
VANGUARD CAPITAL MANAGEMENT LLC	$54.0M	1,469,356
STATE STREET CORP	$48.1M	1,306,936
Quinn Opportunity Partners LLC	$36.7M	999,036

Companies Similar to PZZA

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

CBRL

CRACKER BARREL OLD COUNTRY STORE, INC

AI score

Similar quality profile · 8 shared holders

SummitTX Capital, L.P.FNY Investment Advisers, LLC CenterBook Partners LP

LOVE

Lovesac Co

AI score

Similar quality profile · 4 shared holders

Anson Funds Management LP ISTHMUS PARTNERS, LLC Penn Capital Management Company, LLC

GCO

GENESCO INC

AI score

Similar quality profile · 4 shared holders

Shay Capital LLC Penn Capital Management Company, LLC SILVER OAK SECURITIES, Inc

LKQ

LKQ CORP

AI score

Similar quality profile · 8 shared holders

BRANDES INVESTMENT PARTNERS, LP EARNEST PARTNERS LLC Alberta Investment Management Corp

NDLS

NOODLES & Co

AI score

Similar quality profile · 2 shared holders

Mill Road Capital Management LLC Quinn Opportunity Partners LLC

PLAY

Dave & Buster's Entertainment, Inc.

AI score

Similar quality profile · 8 shared holders

Shay Capital LLC Quinn Opportunity Partners LLC CenterBook Partners LP

MNRO

MONRO, INC.

AI score

Similar quality profile · 4 shared holders

Penn Capital Management Company, LLC Shay Capital LLC Rangeley Capital, LLC

BXC

BlueLinx Holdings Inc.

AI score

Similar quality profile · 4 shared holders

Mill Road Capital Management LLC CenterBook Partners LP ARISTEIA CAPITAL, L.L.C.

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Consumer Discretionary Companies

View all Consumer Discretionary →

AACG

ATA Creativity Global

AAP

ADVANCE AUTO PARTS INC

ABG

ASBURY AUTOMOTIVE GROUP INC

ABLV

Able View Global Inc.

ADIG

ADI GLOBAL DISTRIBUTION INC.

AENT

ALLIANCE ENTERTAINMENT HOLDING CORP

AEO

AMERICAN EAGLE OUTFITTERS INC

AFYA

Afya Ltd

Put PZZA on your watchlist

Track score changes the day PAPA JOHNS INTERNATIONAL INC files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is PZZA a good stock to buy?

13F Pro's AI-powered analysis of PAPA JOHNS INTERNATIONAL INC (PZZA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PZZA are available on the PZZA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. PZZA is classified as a small company.

Which hedge funds own PZZA?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PZZA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PAPA JOHNS INTERNATIONAL INC's investment landscape.