Papa John's International, Inc. (PZZA) Financial Statements (2024 and earlier)

Company Profile

Business Address 2002 PAPA JOHNS BOULEVARD
LOUISVILLE, KY 40299-2334
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4771130281922
Cash and cash equivalents4771130281922
Receivables10394101897369
Inventory, net of allowances, customer advances and progress billings413530282731
Inventory413530282731
Prepaid expense     3029
Financing receivable, excluding accrued interest, after allowance for credit loss7 
Disposal group, including discontinued operation     6
Other current assets     69
Other undisclosed current assets53564437164
Total current assets:251255306182172170
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization2521179
Operating lease, right-of-use asset172176148148
Financing receivable, excluding accrued interest, after allowance for credit loss21 
Property, plant and equipment250224201212227234
Long-term investments and receivables  3637332316
Accounts and financing receivable, after allowance for credit loss  3637332316
Intangible assets, net (including goodwill)718181808587
Goodwill718181808587
Deferred income tax assets 25112
Other noncurrent assets728872656448
Deferred tax assets, net11
Total noncurrent assets:613631566549399386
TOTAL ASSETS:864886873731571556
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities155190157977673
Taxes payable920108711
Employee-related liabilities224946231315
Accounts payable622837293032
Accrued liabilities629363382616
Deferred revenue2122206
Debt7524452020
Deferred compensation liability 15111011106
Derivative instruments and hedges, liabilities   7   
Estimated litigation liability 15     
Self insurance reserve 303533323420
Deferred revenue and credits4
Contract with customer, liability2
Other undisclosed current liabilities23253918239
Total current liabilities:265287289208165133
Noncurrent Liabilities
Long-term debt and lease obligation616658466480601447
Long-term debt, excluding current maturities597481328347601447
Finance lease, liability1917148
Liabilities, other than long-term debt25210712610210275
Deferred revenue and credits3
Deferred revenue23141415
Contract with customer, liability15
Deferred tax liabilities, net813
Deferred income tax liabilities  013
Other liabilities6893111857960
Operating lease, liability161161125125
Total noncurrent liabilities:869765592583703522
Total liabilities:1,1341,053881790868655
Temporary equity, carrying amount1525825757
Equity
Equity, attributable to parent(286)(188)(282)(332)(317)(122)
Common stock000000
Treasury stock, value(922)(806)(742)(747)(752)(597)
Additional paid in capital450445254219193185
Accumulated other comprehensive loss(10)(10)(14)(10)(3)(2)
Retained earnings196183219206244292
Equity, attributable to noncontrolling interest161515161516
Total equity:(271)(172)(267)(317)(302)(106)
TOTAL LIABILITIES AND EQUITY:864886873731571556

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues2,1022,0681,8131,6191,5731,783
Cost of revenue(1,752)(1,609)(1,458)(1,376)(1,350)(1,472)
Gross profit:351459356243223311
Operating expenses(229)(291)(265)(223)(193)(158)
Other undisclosed operating income (loss) (12)  5(0)(2)
Operating income:109168902530151
Nonoperating income
(Investment Income, Nonoperating)
  22111
Interest and debt expense (27)(19)(17)(21) (11)
Other undisclosed loss from continuing operations before equity method investments, income taxes      
Income from continuing operations before equity method investments, income taxes:8215175531140
Other undisclosed loss from continuing operations before income taxes     (25) 
Income from continuing operations before income taxes:821517556140
Income tax expense (benefit)(14)(26)(15)1(3)(34)
Income from continuing operations:681256163107
Income before gain (loss) on sale of properties:1256163107
Other undisclosed net income (loss)1     
Net income:691256163107
Net loss attributable to noncontrolling interest    (2)(4)
Other undisclosed net loss attributable to parent(2)(5)(3)(1)  
Net income attributable to parent:681205852102
Preferred stock dividends and other adjustments (0)(116)(14)(12)  
Undistributed earnings (loss) allocated to participating securities, basic(0) (2)  (0)
Other undisclosed net income (loss) available to common stockholders, basic     1
Net income (loss) available to common stockholders, diluted:67442(8)2103

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:691256163107
Other comprehensive income (loss)(0)4(4)(7)(1)4
Comprehensive income (loss):6912957(1)3110
Comprehensive loss, net of tax, attributable to noncontrolling interest      
Other undisclosed comprehensive loss, net of tax, attributable to parent(2)(5)(3)(1)(2)(4)
Comprehensive income (loss), net of tax, attributable to parent:6812454(2)1106

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: