🚀 VC round data is live in beta, check it out!
- Public Comps
- Papa John's
Papa John's Valuation Multiples
Discover revenue and EBITDA valuation multiples for Papa John's and similar public comparables like Domino's Pizza Enterprises, Colowide Co., Guangzhou Restaurant Group, Wendy's and more.
Papa John's Overview
About Papa John's
Papa John's is one of the largest players in the global QSR, or quick-service restaurant, pizza market, boasting more than 6,000 restaurants across nearly 50 countries at the end of 2024. The firm operates a predominantly franchised system, owning 9% of its restaurants and generating revenue from franchise royalties, sales of pizza and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the fourth-largest limited-service pizza chain globally and third in the US (Euromonitor International), with a sizable presence in the UK, China, South Korea, and Chile.
Founded
1991
HQ

Employees
11.4K
Website
Sectors
Financials (LTM)
EV
$2B
Papa John's Financials
Papa John's reported last 12-month revenue of $2B and EBITDA of $202M.
In the same LTM period, Papa John's generated $591M in gross profit, $202M in EBITDA, and $48M in net income.
Revenue (LTM)
Papa John's P&L
In the most recent fiscal year, Papa John's reported revenue of $2B and EBITDA of $201M.
Papa John's expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $591M | XXX | $426M | XXX | XXX | XXX |
| Gross Margin | 29% | XXX | 21% | XXX | XXX | XXX |
| EBITDA | $202M | XXX | $201M | XXX | XXX | XXX |
| EBITDA Margin | 10% | XXX | 10% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | $48M | XXX | $47M | XXX | XXX | XXX |
| Net Margin | 2% | XXX | 2% | XXX | XXX | XXX |
| Net Debt | — | — | $681M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Papa John's Stock Performance
Papa John's has current market cap of $1B, and enterprise value of $2B.
Market Cap Evolution
Papa John's' stock price is $37.46.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $1B | 0.0% | XXX | XXX | XXX | $1.44 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialPapa John's Valuation Multiples
Papa John's trades at 1.1x EV/Revenue multiple, and 10.6x EV/EBITDA.
EV / Revenue (LTM)
Papa John's Financial Valuation Multiples
As of April 20, 2026, Papa John's has market cap of $1B and EV of $2B.
Equity research analysts estimate Papa John's' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Papa John's has a P/E ratio of 25.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | 1.0x | XXX | XXX | XXX |
| EV/EBITDA | 10.6x | XXX | 10.6x | XXX | XXX | XXX |
| EV/EBIT | 20.8x | XXX | 21.2x | XXX | XXX | XXX |
| EV/Gross Profit | 3.6x | XXX | 5.0x | XXX | XXX | XXX |
| P/E | 25.7x | XXX | 26.1x | XXX | XXX | XXX |
| EV/FCF | 34.6x | XXX | 36.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Papa John's Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Papa John's Margins & Growth Rates
Papa John's' revenue in the last 12 month declined by (5%).
Papa John's' revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.
Papa John's' rule of 40 is 4% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Papa John's' rule of X is (5%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Papa John's Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (5%) | XXX | (6%) | XXX | XXX | XXX |
| EBITDA Margin | 10% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | 1% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 4% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (5%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 8% | XXX | 8% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | 12% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 17% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Papa John's Public Comps
See public comps and valuation multiples for other Restaurants & Nightlife comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Papa John's | XXX | XXX | XXX | XXX | XXX | XXX |
| Domino's Pizza Enterprises | XXX | XXX | XXX | XXX | XXX | XXX |
| Colowide Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| Guangzhou Restaurant Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Wendy's | XXX | XXX | XXX | XXX | XXX | XXX |
| Yoshinoya Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Papa John's M&A Activity
Papa John's acquired XXX companies to date.
Last acquisition by Papa John's was on XXXXXXXX, XXXXX. Papa John's acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Papa John's
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialPapa John's Investment Activity
Papa John's invested in XXX companies to date.
Papa John's made its latest investment on XXXXXXXX, XXXXX. Papa John's invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Papa John's
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Papa John's
| When was Papa John's founded? | Papa John's was founded in 1991. |
| Where is Papa John's headquartered? | Papa John's is headquartered in United States. |
| How many employees does Papa John's have? | As of today, Papa John's has over 11K employees. |
| Who is the CEO of Papa John's? | Papa John's' CEO is Todd Allan Penegor. |
| Is Papa John's publicly listed? | Yes, Papa John's is a public company listed on Nasdaq. |
| What is the stock symbol of Papa John's? | Papa John's trades under PZZA ticker. |
| When did Papa John's go public? | Papa John's went public in 1993. |
| Who are competitors of Papa John's? | Papa John's main competitors are Domino's Pizza Enterprises, Colowide Co., Guangzhou Restaurant Group, Wendy's. |
| What is the current market cap of Papa John's? | Papa John's' current market cap is $1B. |
| What is the current revenue of Papa John's? | Papa John's' last 12 months revenue is $2B. |
| What is the current revenue growth of Papa John's? | Papa John's revenue growth (NTM/LTM) is (5%). |
| What is the current EV/Revenue multiple of Papa John's? | Current revenue multiple of Papa John's is 1.1x. |
| Is Papa John's profitable? | Yes, Papa John's is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Papa John's? | Papa John's' last 12 months EBITDA is $202M. |
| What is Papa John's' EBITDA margin? | Papa John's' last 12 months EBITDA margin is 10%. |
| What is the current EV/EBITDA multiple of Papa John's? | Current EBITDA multiple of Papa John's is 10.6x. |
| What is the current FCF of Papa John's? | Papa John's' last 12 months FCF is $62M. |
| What is Papa John's' FCF margin? | Papa John's' last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Papa John's? | Current FCF multiple of Papa John's is 34.6x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.