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Papa John's International (STU:PP1) Gross Profit : €394 Mil (TTM As of Mar. 2024)


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What is Papa John's International Gross Profit?

Papa John's International's gross profit for the three months ended in Mar. 2024 was €101 Mil. Papa John's International's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €394 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Papa John's International's gross profit for the three months ended in Mar. 2024 was €101 Mil. Papa John's International's Revenue for the three months ended in Mar. 2024 was €473 Mil. Therefore, Papa John's International's Gross Margin % for the quarter that ended in Mar. 2024 was 21.38%.

Papa John's International had a gross margin of 21.38% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Papa John's International was 24.49%. The lowest was 16.34%. And the median was 19.32%.


Papa John's International Gross Profit Historical Data

The historical data trend for Papa John's International's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Papa John's International Gross Profit Chart

Papa John's International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.48 282.93 379.95 368.67 386.60

Papa John's International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.57 93.16 94.12 106.15 101.06

Competitive Comparison of Papa John's International's Gross Profit

For the Restaurants subindustry, Papa John's International's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Papa John's International's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Papa John's International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Papa John's International's Gross Profit falls into.



Papa John's International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Papa John's International's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1958.449 - 1571.852
=387

Papa John's International's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=472.803 - 371.74
=101

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €394 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Papa John's International's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=101 / 472.803
=21.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Papa John's International  (STU:PP1) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Papa John's International had a gross margin of 21.38% for the quarter that ended in Mar. 2024 => Competition eroding margins


Papa John's International Gross Profit Related Terms

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Papa John's International (STU:PP1) Business Description

Traded in Other Exchanges
Address
2002 Papa John's Boulevard, Louisville, KY, USA, 40299-2367
Papa John's is one of the largest players in the global QSR pizza market, boasting more than 5,700 restaurants across nearly 50 countries at the end of 2022. The firm operates a predominantly franchised system, owning just shy of 10% 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 third-largest limited-service pizza chain in the U.S. and fourth-largest globally, with a sizable presence in the U.K., China, South Korea, and Chile.

Papa John's International (STU:PP1) Headlines

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