Papa John's International, Inc. (PZZA)

Papa John's International Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021	Dec 27, 2020
Net Income	38.26	83.49	82.1	67.77	120.02	57.93
Depreciation & Amortization	78.96	69.41	64.09	52.03	48.82	49.71
Loss (Gain) From Sale of Assets	2.85	-41.95	-	-	-	-
Asset Writedown & Restructuring Costs	9.03	18.34	-	12.07	-	-
Stock-Based Compensation	15.82	9.59	17.92	18.39	16.92	16.31
Provision & Write-off of Bad Debts	5.47	2.74	5.39	20.54	-0.85	-4.73
Other Operating Activities	-2.78	-0.62	-5.14	5.43	9.27	-4.33
Change in Accounts Receivable	-9.55	-0.47	-4.92	-28.61	4.02	-22.42
Change in Inventory	-0.49	0.85	5.44	-7.5	-4.71	-2.74
Change in Accounts Payable	9.99	-10.04	22.03	1.12	-9.28	8.23
Change in Unearned Revenue	-8.91	-6.25	-3.7	-0.26	0.18	-1.06
Change in Income Taxes	-1.77	-5.33	15.3	-10.12	1.62	6.42
Change in Other Net Operating Assets	20.05	-13.13	-5.45	-13.05	-1.34	83.12
Operating Cash Flow	156.94	106.63	193.06	117.81	184.68	186.44
Operating Cash Flow Growth	28.64%	-44.77%	63.87%	-36.21%	-0.95%	201.93%
Capital Expenditures	-77.68	-72.48	-76.62	-78.39	-68.56	-35.65
Cash Acquisitions	-0.13	-0.13	-5.61	-1.22	-0.7	-
Divestitures	0.84	49.02	3.46	13.59	-	-
Other Investing Activities	8.09	2.25	3.34	-0.52	3.32	0.02
Investing Cash Flow	-62.41	-17.35	-75.12	-62.79	-63.51	-41.07
Long-Term Debt Issued	-	-	159	115	480	-
Long-Term Debt Repaid	-	-25.8	-8.82	-5.42	-344.57	-20
Net Debt Issued (Repaid)	-4.93	-25.8	150.18	109.58	135.43	-20
Issuance of Common Stock	0.43	1.06	2.25	4.04	11.97	30.62
Repurchase of Common Stock	-3.98	-5.7	-216.76	-134.55	-78.35	-6.68
Preferred Dividends Paid	-	-	-	-	-6.39	-13.65
Common Dividends Paid	-61	-60.56	-58.45	-54.77	-40.36	-29.36
Dividends Paid	-61	-60.56	-58.45	-54.77	-46.75	-43.01
Other Financing Activities	-3.82	-0.67	-1.29	-0.55	-14.19	-4.4
Financing Cash Flow	-73.3	-91.67	-124.08	-76.24	-180.53	-43.46
Foreign Exchange Rate Adjustments	0.19	-0.24	-0.64	-2.01	-0.23	0.39
Net Cash Flow	21.42	-2.63	-6.79	-23.24	-59.59	102.29
Free Cash Flow	79.26	34.15	116.44	39.42	116.12	150.79
Free Cash Flow Growth	60.59%	-70.67%	195.39%	-66.05%	-22.99%	527.29%
Free Cash Flow Margin	3.80%	1.66%	5.45%	1.88%	5.61%	8.32%
Free Cash Flow Per Share	2.41	1.04	3.51	1.10	3.29	4.61
Cash Income Tax Paid	36.3	36.3	12.5	11.7	32.6	19.3
Levered Free Cash Flow	73.07	72.02	124.45	20.46	108.44	139.55
Unlevered Free Cash Flow	99.13	99.32	152.3	37.06	120.43	148.86
Change in Working Capital	9.33	-34.36	28.69	-58.42	-9.5	71.56

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q