Papa Johns International (PZZA) Operating Margin (2009 - 2026)

Papa Johns International's Operating Margin history runs 18 years deep, the most recent figure standing at 4.34% for Q1 2026.

• On a quarterly basis, Operating Margin fell 29.0% year-over-year to 4.34% in Q1 2026; TTM through Mar 2026 was 4.27%, a 285.0% decrease from a year earlier, with the FY2025 full-year figure at 4.34%, down 327.0% from the prior year.
• Operating Margin slipped to 4.34% in Q1 2026 per PZZA's latest filing, from 4.92% in the prior quarter.
• Across five years, Operating Margin topped out at 12.87% in Q3 2024 and bottomed at 2.66% in Q1 2022.
• The 5-year median for Operating Margin is 5.56% (2024), against an average of 5.91%.
• Across the five-year window, Operating Margin surged 678 bps in 2024 and sank 969 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 6.88% in 2022, then increased by 8 bps to 7.45% in 2023, then decreased by 25 bps to 5.56% in 2024, then declined by 12 bps to 4.92% in 2025, then declined by 12 bps to 4.34% in 2026.
• Per Business Quant, the three latest PZZA Operating Margin figures stand at 4.34% (Q1 2026), 4.92% (Q4 2025), and 3.18% (Q3 2025).