PZZA vs. DPZ

Last updated Apr 2, 2026

Compare and contrast key facts about Papa John's International, Inc. (PZZA) and Domino's Pizza, Inc. (DPZ).

Performance

PZZA vs. DPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Papa John's International, Inc. (PZZA) and Domino's Pizza, Inc. (DPZ). The values are adjusted to include any dividend payments, if applicable.

PZZA vs. DPZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PZZA Papa John's International, Inc.	-13.61%	-2.01%	-44.21%	-5.28%	-37.26%	58.87%	35.88%	61.50%	-27.80%	-33.68%
DPZ Domino's Pizza, Inc.	-12.82%	0.88%	3.18%	20.69%	-37.88%	48.39%	31.63%	19.63%	32.37%	19.82%

Fundamentals

Market Cap PZZA : $1.08B DPZ : $12.28B
EPS PZZA : $1.96 DPZ : $17.61K
PE Ratio PZZA : 16.74 DPZ : 0.02
PS Ratio PZZA : 0.53 DPZ : 0.00
Total Revenue (TTM) PZZA : $2.05B DPZ : $4.94T
Gross Profit (TTM) PZZA : $593.32M DPZ : $1.97T
EBITDA (TTM) PZZA : $99.85M DPZ : $296.40B

Returns By Period

In the year-to-date period, PZZA achieves a -13.61% return, which is significantly lower than DPZ's -12.82% return. Over the past 10 years, PZZA has underperformed DPZ with an annualized return of -3.12%, while DPZ has yielded a comparatively higher 11.73% annualized return.

PZZA

• 1D: 1.23%
• 1M: 2.72%
• YTD: -13.61%
• 6M: -30.29%
• 1Y: -17.37%
• 3Y*: -21.20%
• 5Y*: -15.66%
• 10Y*: -3.12%

DPZ

• 1D: 0.77%
• 1M: -9.47%
• YTD: -12.82%
• 6M: -14.79%
• 1Y: -21.01%
• 3Y*: 4.63%
• 5Y*: 0.67%
• 10Y*: 11.73%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PZZA vs. DPZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PZZA

PZZA Risk / Return Rank: 27
PZZA Sharpe Ratio Rank: 26
PZZA Sortino Ratio Rank: 25
PZZA Omega Ratio Rank: 26
PZZA Calmar Ratio Rank: 29
PZZA Martin Ratio Rank: 29

DPZ

DPZ Risk / Return Rank: 11
DPZ Sharpe Ratio Rank: 7
DPZ Sortino Ratio Rank: 8
DPZ Omega Ratio Rank: 11
DPZ Calmar Ratio Rank: 17
DPZ Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PZZA vs. DPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Papa John's International, Inc. (PZZA) and Domino's Pizza, Inc. (DPZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PZZA	DPZ	Difference
Sharpe ratio Return per unit of total volatility	-0.33	-0.86	+0.53
Sortino ratio Return per unit of downside risk	-0.15	-1.18	+1.03
Omega ratio Gain probability vs. loss probability	0.98	0.87	+0.11
Calmar ratio Return relative to maximum drawdown	-0.38	-0.69	+0.31
Martin ratio Return relative to average drawdown	-0.73	-1.46	+0.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PZZA vs. DPZ - Sharpe Ratio Comparison

The current PZZA Sharpe Ratio is -0.33, which is higher than the DPZ Sharpe Ratio of -0.86. The chart below compares the historical Sharpe Ratios of PZZA and DPZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PZZA	DPZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.33	-0.86	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.38	0.02	-0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.08	0.39	-0.47
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.60	-0.41

Correlation

The correlation between PZZA and DPZ is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PZZA vs. DPZ - Dividend Comparison

PZZA's dividend yield for the trailing twelve months is around 5.61%, more than DPZ's 1.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PZZA Papa John's International, Inc.	5.61%	4.78%	4.48%	2.31%	1.87%	0.86%	1.06%	1.43%	2.26%	1.51%	0.88%	1.13%
DPZ Domino's Pizza, Inc.	1.99%	1.67%	1.44%	1.17%	1.27%	0.67%	0.81%	0.89%	0.89%	0.97%	0.95%	1.11%

Drawdowns

PZZA vs. DPZ - Drawdown Comparison

The maximum PZZA drawdown since its inception was -76.22%, smaller than the maximum DPZ drawdown of -86.66%. Use the drawdown chart below to compare losses from any high point for PZZA and DPZ.

Drawdown Indicators

	PZZA	DPZ	Difference
Max Drawdown Largest peak-to-trough decline	-76.22%	-86.66%	+10.44%
Max Drawdown (1Y) Largest decline over 1 year	-43.11%	-28.84%	-14.27%
Max Drawdown (5Y) Largest decline over 5 years	-76.22%	-47.81%	-28.41%
Max Drawdown (10Y) Largest decline over 10 years	-76.22%	-47.81%	-28.41%
Current Drawdown Current decline from peak	-73.17%	-31.97%	-41.20%
Average Drawdown Average peak-to-trough decline	-27.74%	-16.27%	-11.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.60%	13.69%	+8.91%

Volatility

PZZA vs. DPZ - Volatility Comparison

Papa John's International, Inc. (PZZA) has a higher volatility of 22.78% compared to Domino's Pizza, Inc. (DPZ) at 8.88%. This indicates that PZZA's price experiences larger fluctuations and is considered to be riskier than DPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PZZA	DPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.78%	8.88%	+13.90%
Volatility (6M) Calculated over the trailing 6-month period	39.28%	17.89%	+21.39%
Volatility (1Y) Calculated over the trailing 1-year period	53.56%	24.70%	+28.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.99%	29.21%	+11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.43%	29.89%	+11.54%

Financials

PZZA vs. DPZ - Profitability Comparison

The chart below illustrates the profitability comparison between Papa John's International, Inc. and Domino's Pizza, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PZZA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Papa John's International, Inc. reported a gross profit of 186.49M and revenue of 498.18M. Therefore, the gross margin over that period was 37.4%.

DPZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Domino's Pizza, Inc. reported a gross profit of 1.97T and revenue of 4.94T. Therefore, the gross margin over that period was 40.0%.

PZZA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Papa John's International, Inc. reported an operating income of 24.52M and revenue of 498.18M, resulting in an operating margin of 4.9%.

DPZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Domino's Pizza, Inc. reported an operating income of 295.67M and revenue of 4.94T, resulting in an operating margin of 0.0%.

PZZA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Papa John's International, Inc. reported a net income of 41.18M and revenue of 498.18M, resulting in a net margin of 8.3%.

DPZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Domino's Pizza, Inc. reported a net income of 601.28B and revenue of 4.94T, resulting in a net margin of 12.2%.