Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 23.16% is in line with its 5-year average of 24.59%, around the middle of its 5-year range (15.46%–31.23%).
5.79% below its 12-month average of 24.58%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-28): 29.72%.
GROSS MARGIN
23.16%
GROSS MARGIN AVG TTM
24.58%
GROSS MARGIN AVG 3Y
24.64%
GROSS MARGIN AVG 5Y
24.59%
GROSS MARGIN AVG 10Y
23.68%
GROSS MARGIN AVG 15Y
28.34%
GROSS MARGIN AVG 20Y
30.46%
CURRENT VS TTM AVG
-5.79%
CURRENT VS 3Y AVG
-6.03%
CURRENT VS 5Y AVG
-5.83%
CURRENT VS 10Y AVG
-2.19%
CURRENT VS 15Y AVG
-18.29%
CURRENT VS 20Y AVG
-23.96%
SECTOR MEDIAN · CONSUMER CYCLICAL
32.55%
median of 312 covered companies
CURRENT VS SECTOR MEDIAN
-28.84%
vs the sector median at left
Papa John's International, Inc.
Market Cap
$644.06M
Gross Margin
23.16%
TTM Avg
24.58%
3Y Avg
24.64%
5Y Avg
24.59%
Market Cap
$633.84M
Gross Margin
38.81%
TTM Avg
38.34%
3Y Avg
38.10%
5Y Avg
39.26%
Market Cap
$655.69M
Gross Margin
13.04%
TTM Avg
45.54%
3Y Avg
32.88%
5Y Avg
26.82%
Market Cap
$611.55M
Gross Margin
66.13%
TTM Avg
67.25%
3Y Avg
67.86%
5Y Avg
63.57%
Market Cap
$689.31M
Gross Margin
49.44%
TTM Avg
49.25%
3Y Avg
46.85%
5Y Avg
44.59%
Market Cap
$710.17M
Gross Margin
8.89%
TTM Avg
39.91%
3Y Avg
32.36%
5Y Avg
26.33%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Papa John's International, Inc. (PZZA) | $644.06M | 23.16% | 24.58% | 24.64% | 24.59% |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $633.84M | 38.81% | 38.34% | 38.10% | 39.26% |
| First Watch Restaurant Group, Inc. (FWRG)vs › | $655.69M | 13.04% | 45.54% | 32.88% | 26.82% |
| Tron Inc. (TRON)vs › | $614.32M | 24.65% | 22.55% | 22.06% | 22.71% |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $611.55M | 66.13% | 67.25% | 67.86% | 63.57% |
| Legacy Housing Corporation (LEGH)vs › | $689.31M | 49.44% | 49.25% | 46.85% | 44.59% |
| Bloomin' Brands, Inc. (BLMN)vs › | $710.17M | 8.89% | 39.91% | 32.36% | 26.33% |
| XMAX, Inc. (XMAX)vs › | $556.90M | 22.86% | 25.02% | 25.02% | 25.02% |
| Solid Power, Inc. (SLDP)vs › | $526.46M | 5.05% | 2.17% | -9.08% | -4.84% |
| Kura Sushi USA, Inc. (KRUS)vs › | $485.93M | 11.25% | 12.12% | 13.78% | 9.18% |
Gross Margin
23.2%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-28 | 29.72% |
| 2026-03-29 | 28.77% |
| 2025-12-28 | 15.46% |
| 2025-09-28 | 19.20% |
| 2025-06-29 | 29.75% |
| 2025-03-30 | 29.29% |
| 2024-12-31 | 20.20% |
| 2024-09-29 | 29.91% |
| 2024-06-30 | 28.52% |
| 2024-03-31 | 28.46% |
| 2023-12-31 | 17.24% |
| 2023-09-24 | 19.21% |
| 2023-06-25 | 19.62% |
| 2023-03-26 | 19.82% |
| 2022-12-31 | 29.93% |
| 2022-09-25 | 29.56% |
| 2022-06-26 | 15.99% |
| 2022-03-27 | 30.22% |
| 2021-12-31 | 19.78% |
| 2021-09-26 | 31.23% |
| 2021-06-27 | 32.44% |
| 2021-03-28 | 32.35% |
| 2020-12-31 | 18.63% |
| 2020-09-27 | 19.01% |
| 2020-06-28 | 19.83% |
| 2020-03-29 | 18.40% |
| 2019-12-31 | 30.15% |
| 2019-09-29 | 16.98% |
| 2019-06-30 | 29.10% |
| 2019-03-31 | 28.24% |
| 2018-12-31 | 21.55% |
| 2018-09-30 | 20.62% |
| 2018-07-01 | 24.18% |
| 2018-04-01 | 23.24% |
| 2017-12-31 | 19.35% |
| 2017-09-24 | 19.00% |
| 2017-06-25 | 20.67% |
| 2017-03-26 | 20.51% |
| 2016-12-31 | 20.97% |
| 2016-09-25 | 20.01% |
| 2016-06-26 | 21.16% |
| 2016-03-27 | 21.67% |
| 2015-12-31 | 37.64% |
| 2015-09-27 | 37.30% |
| 2015-06-28 | 37.69% |
| 2015-03-29 | 38.38% |
| 2014-12-31 | 37.98% |
| 2014-09-28 | 41.34% |
| 2014-06-29 | 39.87% |
| 2014-03-30 | 39.32% |
| 2013-12-31 | 39.41% |
| 2013-09-29 | 36.42% |
| 2013-06-30 | 37.81% |
| 2013-03-31 | 37.90% |
| 2012-12-31 | 37.09% |
| 2012-09-23 | 51.90% |
| 2012-06-24 | 56.90% |
| 2012-03-25 | 25.01% |
| 2011-12-31 | -63.21% |
| 2011-09-25 | 50.45% |
| 2011-06-26 | 22.28% |
| 2011-03-27 | 23.40% |
| 2010-12-31 | 22.81% |
| 2010-09-26 | 52.33% |
| 2010-06-27 | 23.84% |
| 2010-03-28 | 24.47% |
| 2009-12-31 | 8.50% |
| 2009-09-27 | 25.23% |
| 2009-06-28 | 26.13% |
| 2009-03-29 | 19.77% |
| 2008-12-31 | -85.31% |
| 2008-09-28 | 53.16% |
| 2008-06-29 | 54.37% |
| 2008-03-30 | 57.93% |
| 2007-12-31 | -15.11% |
| 2007-09-30 | 56.42% |
| 2007-07-01 | 56.61% |
| 2007-04-01 | 57.45% |
| 2006-12-31 | -47.01% |
| 2006-09-24 | 57.75% |
| 2006-06-25 | 26.26% |
| 2006-03-26 | 56.04% |
| 2005-12-31 | 38.77% |
| 2005-09-25 | 44.13% |
| 2005-06-26 | 44.91% |
| 2005-03-27 | 44.15% |
| 2004-12-31 | 10.67% |
| 2004-09-26 | 54.88% |
| 2004-06-27 | 41.95% |
| 2004-03-28 | 39.16% |
| 2003-12-31 | -26.95% |
| 2003-09-28 | 42.26% |
| 2003-06-29 | 43.74% |
| 2003-03-30 | 43.65% |
| 2002-12-31 | 42.99% |
| 2002-09-29 | 43.35% |
