PTLONasdaqRetail-Eating PlacesFiscal year ends December 27
Portillo's Inc.
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Aug 5, 2026
$4.64−0.02 (-0.43%)
Close on Oct 19, 2026
- Market cap
- $339.51M
- P/E (TTM)
- 25.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
–
Operating margin
6.0%−6.6 pts over 5 years
Net margin
2.6%+4.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.0% | +7.6% | +10.0% | – | |
| Operating income | -24.7% | +1.9% | -5.3% | – | |
| Net income | -34.5% | +21.3% | – | – | |
| EPS, diluted | -41.3% | +2.6% | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -5.7% | 4.5% | |
| Return on assets | – | – | 1.2% | |
| Current ratio | – | 0.82 | 0.27 | |
| Debt to equity | – | 3.34 | 0.71 | |
| Net debt to EBITDA | – | 5.23× | 4.32× | |
| Interest coverage | – | 1.3× | 1.9× | |
| Inventory turnover | – | – | – | |
| Capex to revenue | – | 4.7% | 12.4% | |
| Diluted shares | – | 51M | 71M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Portillo's generated $340.50M from operations and spent $349.79M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$340.50M
Used
$349.79M
Capital expenditure$349.79M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.6%
×Asset turnover0.47×
×Equity multiplier3.58×
=Return on equity, FY20254.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.6% | 0.47× | 3.58× | 4.5% |
| FY2024 | 4.2% | 0.49× | 3.99× | 8.2% |
| FY2023 | 2.7% | 0.51× | 4.61× | 6.4% |
| FY2022 | 1.8% | 0.52× | 5.33× | 5.1% |
| FY2021 | -2.8% | 0.56× | 6.12× | -9.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$19.35M
- Cash generatingOperating cash flow above zero$71.91M
- Return on assets improvedROA up on the prior year2.1% → 1.3%
- Earnings backed by cashOperating cash flow above net income$71.91M vs $19.35M
- Less leverageLong-term debt to assets fell18.4% → 14.8%
- Better liquidityCurrent ratio rose0.39 → 0.27
- No dilutionShare count did not rise64M → 71M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.51 → 0.49