Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of -2.06 is 14% above its 5-year average of -2.41, near the high end of its 5-year range (-4.05–-2.06).
As of the fiscal period ended Sunday, June 28, 2026. 6.51% above its 12-month average of -2.21.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-28): -2.06.
DEBT TO EQUITY RATIO
-2.06
DEBT TO EQUITY RATIO AVG TTM
-2.21
DEBT TO EQUITY RATIO AVG 3Y
-2.18
DEBT TO EQUITY RATIO AVG 5Y
-2.41
DEBT TO EQUITY RATIO AVG 10Y
-2.12
DEBT TO EQUITY RATIO AVG 15Y
-1.22
DEBT TO EQUITY RATIO AVG 20Y
-0.60
CURRENT VS TTM AVG
+6.51%
CURRENT VS 3Y AVG
+5.37%
CURRENT VS 5Y AVG
+14.34%
CURRENT VS 10Y AVG
+2.78%
CURRENT VS 15Y AVG
-69.51%
CURRENT VS 20Y AVG
-244.86%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.74
median of 276 covered companies
CURRENT VS SECTOR MEDIAN
-377.17%
vs the sector median at left
Papa John's International, Inc.
Market Cap
$637.83M
Debt to Equity Ratio
-2.06
TTM Avg
-2.21
3Y Avg
-2.18
5Y Avg
-2.41
Market Cap
$631.10M
Debt to Equity Ratio
1.22
TTM Avg
2.56
3Y Avg
2.56
5Y Avg
2.07
Market Cap
$651.00M
Debt to Equity Ratio
1.69
TTM Avg
1.49
3Y Avg
1.26
5Y Avg
1.32
Market Cap
$612.31M
Debt to Equity Ratio
3.41
TTM Avg
3.88
3Y Avg
4.34
5Y Avg
3.23
Market Cap
$694.66M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.02
5Y Avg
0.04
Market Cap
$712.76M
Debt to Equity Ratio
4.43
TTM Avg
11.42
3Y Avg
9.27
5Y Avg
8.98
Market Cap
$527.59M
Debt to Equity Ratio
0.02
TTM Avg
0.02
3Y Avg
0.02
5Y Avg
0.29
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Papa John's International, Inc. (PZZA) | $637.83M | -2.06 | -2.21 | -2.18 | -2.41 |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $631.10M | 1.22 | 2.56 | 2.56 | 2.07 |
| First Watch Restaurant Group, Inc. (FWRG)vs › | $651.00M | 1.69 | 1.49 | 1.26 | 1.32 |
| Tron Inc. (TRON)vs › | $611.95M | 0.00 | 0.04 | 0.03 | 0.02 |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $612.31M | 3.41 | 3.88 | 4.34 | 3.23 |
| Legacy Housing Corporation (LEGH)vs › | $694.66M | 0.00 | 0.00 | 0.02 | 0.04 |
| Bloomin' Brands, Inc. (BLMN)vs › | $712.76M | 4.43 | 11.42 | 9.27 | 8.98 |
| XMAX, Inc. (XMAX)vs › | $558.10M | 0.05 | 0.22 | 0.22 | 0.22 |
| Solid Power, Inc. (SLDP)vs › | $527.59M | 0.02 | 0.02 | 0.02 | 0.29 |
| Weyco Group, Inc. (WEYS)vs › | $486.81M | 0.04 | 0.05 | 0.09 | 0.08 |
Debt/Equity
-2.06
Current Ratio
0.83
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-28 | -2.06 |
| 2026-03-29 | -2.12 |
| 2025-12-28 | -2.46 |
| 2025-09-28 | -2.16 |
| 2025-06-29 | -2.24 |
| 2025-03-30 | -2.28 |
| 2024-12-31 | -2.26 |
| 2024-09-29 | -2.23 |
| 2024-06-30 | -2.08 |
| 2024-03-31 | -2.09 |
| 2023-12-31 | -2.10 |
| 2023-09-24 | -2.10 |
| 2023-06-25 | -2.09 |
| 2023-03-26 | -2.07 |
| 2022-12-31 | -2.82 |
| 2022-09-25 | -2.74 |
| 2022-06-26 | -2.97 |
| 2022-03-27 | -3.28 |
| 2021-12-31 | -3.65 |
| 2021-09-26 | -4.05 |
| 2021-06-27 | -3.76 |
| 2021-03-28 | -2.11 |
| 2020-12-31 | -1.82 |
| 2020-09-27 | -1.73 |
| 2020-06-28 | -1.62 |
| 2020-03-29 | -1.51 |
| 2019-12-31 | -1.58 |
| 2019-09-29 | -1.55 |
| 2019-06-30 | -1.59 |
| 2019-03-31 | -1.61 |
| 2018-12-31 | -2.06 |
| 2018-09-30 | -1.98 |
| 2018-07-01 | -2.16 |
| 2018-04-01 | -2.36 |
| 2017-12-31 | -4.40 |
| 2017-09-24 | -6.72 |
| 2017-06-25 | 33.61 |
| 2017-03-26 | 33.26 |
| 2016-12-31 | 30.59 |
| 2016-09-25 | -12.65 |
| 2016-06-26 | -10.40 |
| 2016-03-27 | -16.79 |
| 2015-12-31 | 6.07 |
| 2015-09-27 | 4.95 |
| 2015-06-28 | 3.64 |
| 2015-03-29 | 2.86 |
| 2014-12-31 | 2.33 |
| 2014-09-28 | 2.46 |
| 2014-06-29 | 1.94 |
| 2014-03-30 | 1.41 |
| 2013-12-31 | 1.14 |
| 2013-09-29 | 0.71 |
| 2013-06-30 | 0.79 |
| 2013-03-31 | 0.63 |
| 2012-12-31 | 0.49 |
| 2012-09-23 | 0.24 |
| 2012-06-24 | 0.22 |
| 2012-03-25 | 0.23 |
| 2011-12-31 | 0.25 |
| 2011-09-25 | 0.24 |
| 2011-06-26 | 0.21 |
| 2011-03-27 | 0.22 |
| 2010-12-31 | 0.50 |
| 2010-09-26 | 0.53 |
| 2010-06-27 | 0.49 |
| 2010-03-28 | 0.49 |
| 2009-12-31 | 0.56 |
| 2009-09-27 | 0.51 |
| 2009-06-28 | 0.60 |
| 2009-03-29 | 0.71 |
| 2008-12-31 | 1.01 |
| 2008-09-28 | 1.27 |
| 2008-06-29 | 1.17 |
| 2008-03-30 | 1.00 |
| 2007-12-31 | 1.12 |
| 2007-09-30 | 1.09 |
| 2007-07-01 | 0.86 |
| 2007-04-01 | 0.73 |
| 2006-12-31 | 0.66 |
| 2006-09-24 | 0.33 |
| 2006-06-25 | 0.29 |
| 2006-03-26 | 0.20 |
| 2005-12-31 | 0.34 |
| 2005-09-25 | 0.28 |
| 2005-06-26 | 0.38 |
| 2005-03-27 | 0.59 |
| 2004-12-31 | 0.68 |
| 2004-09-26 | 0.80 |
| 2004-06-27 | 0.81 |
| 2004-03-28 | 0.46 |
| 2003-12-31 | 0.38 |
| 2003-09-28 | 0.62 |
| 2003-06-29 | 0.75 |
| 2003-03-30 | 0.93 |
| 2002-12-31 | 1.15 |
| 2002-09-29 | 0.95 |
