Papa Johns International free cash flow PZZA
Cash from operations less capital spending, by quarter and over the last twelve months, from 2008.
- Last 12 months, to Jun 28, 2026
- $34.2M
- Latest quarter, Q2 FY26
- $15.7M
- −10% on a year earlier
- Fiscal year 2025
- $61.3M
- +80% on the year before
Papa Johns International's free cash flow was $34.2M over the twelve months to Jun 28, 2026, down 41% on a year earlier.
In its latest quarter, Q2 FY26, it was $15.7M, down 10% on the same quarter a year before.
Over the five fiscal years to FY2025 it shrank 16% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $61.3M | +80% |
| FY2024 | $34.1M | −71% |
| FY2023 | $116.4M | +195% |
| FY2022 | $39.4M | −66% |
| FY2021 | $116.1M | −23% |
| FY2020 | $150.8M | +527% |
| FY2019 | $24M | −52% |
| FY2018 | $50.4M | −39% |
| FY2017 | $82.4M | −13% |
| FY2016 | $94.7M | −22% |
| FY2015 | $121.3M | +64% |
| FY2014 | $74M | +46% |
| FY2013 | $50.6M | −18% |
| FY2012 | $61.8M | −14% |
| FY2011 | $71.7M | +24% |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $15.7M | −10% | $34.2M | |
| Q1 FY26 | −$6.2M | −133% | $36M | |
| Q4 FY25 | $2.1M | −92% | $61.3M | |
| Q3 FY25 | $22.7M | n/a | $84.4M | |
| Q2 FY25 | $17.4M | +26% | $57.9M | |
| Q1 FY25 | $19.1M | n/a | $54.3M | |
| Q4 FY24 | $25.2M | −38% | $34.1M | |
| Q3 FY24 | −$3.8M | −123% | $49.4M | |
| Q2 FY24 | $13.9M | −62% | $70.3M | |
| Q1 FY24 | −$1.1M | −105% | $93M | |
| Q4 FY23 | $40.4M | +258% | $116.4M | |
| Q3 FY23 | $17.1M | +28% | $87.3M |
Against its peers
Companies in Restaurants nearest Papa Johns International's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| PZZAPapa Johns International | 5.7% |
| FWRGFirst Watch Restaurant | −3.1% |
| BRCBBlack Rock Coffee Bar | −8.2% |
| BLMNBloomin' Brands | 19.7% |
| LOCOEl Pollo Loco | 9.3% |
| NATHNathans Famous | 4.6% |
| PTLOPortillo's | −2.9% |
| SGSweetgreen | −10.0% |
| WENWendy's | 22.3% |
| BJRIBJs RESTAURANTS INC | 3.8% |
| CBRLCracker Barrel Old Country Store | 5.8% |
| Peer median | 4.2% |
Where Papa Johns International ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Papa Johns International
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.