PTLO

MKT CAP:$459M

Portillo's Inc.

Market Cap

$459M

Consumer Cyclical·Restaurants·🇺🇸 United States·NASDAQ

Consumer Cyc.·Restaurants·🇺🇸·NASDAQ

Stock Price

$5.83+$1.24 (+26.91%)

Apr 17, 2026

Company Details

Portillo's Inc., together with its subsidiaries, engages in the ownership and operation of fast casual and quick service restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char...

CEO

Brett A. Patterson

IPO Date

Oct 21, 2021

Website

www.portillos.com

Key Metrics TTM

Revenue

$584M

+28.2% YoY

Net Income

$28M

EPS (Diluted)

$0.23

Free Cash Flow

-$843.0K

Revenue / Share

$9.96

Gross Margin

42.3%

Operating Margin

11.5%

Net Margin

4.8%

FCF Margin

-0.1%

P/S

0.8x

P/E

16.3x

Earnings Reports

Q1 2024

May 5, 2026

PENDING

Q4 2023

Feb 27, 2024

$188MEPS $0.13

Q3 2021

Nov 18, 2021

$138M+15.3%EPS $0.02

Q2 2021

Jun 30, 2021

$141M+29.6%EPS $0.24

Q1 2021

Mar 31, 2021

$117M+8.0%EPS -$0.16

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 20	$109M	$26M	$11M
Q2 20	$109M	$26M	$11M
Q3 20	$120M	$54M	$19M
Q4 20	$119M	$53M	$16M
Q1 21	$117M	$51M	$11M
Q2 21	$141M	$64M	$24M
Q3 21	$138M	$57M	$17M
Q4 23	$188M	$75M	$14M

Valuation

Quarter	P/S	P/E
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	1.0x	37.5x
Q1 21	1.0x	36.0x
Q2 21	0.9x	17.1x
Q3 21	0.9x	18.2x
Q4 23	0.8x	16.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	$11M	$9M
Q2 20	$11M	$9M
Q3 20	$17M	$10M
Q4 20	$20M	$9M
Q1 21	$5M	-$6M
Q2 21	$28M	$20M
Q3 21	$7M	-$2M
Q4 23	$17M	-$13M

Capital Expenditures

Quarter	CapEx
Q1 20	$2M
Q2 20	$2M
Q3 20	$7M
Q4 20	$11M
Q1 21	$11M
Q2 21	$8M
Q3 21	$9M
Q4 23	$30M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	+8.0%	+9.5%
Q2 21	+29.6%	+19.6%
Q3 21	+15.3%	+19.8%
Q4 23	+58.5%	+68.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$188.5K	0.2%
Q2 20	$188.5K	0.2%
Q3 20	$187.0K	0.2%
Q4 20	$396.0K	0.3%
Q1 21	$105.0K	0.1%
Q2 21	$168.0K	0.1%
Q3 21	$170.0K	0.1%
Q4 23	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 20	$9M	$147.0K
Q2 20	$9M	$147.0K
Q3 20	$16M	—
Q4 20	$18M	—
Q1 21	$19M	—
Q2 21	$19M	—
Q3 21	$19M	—
Q4 23	$30M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$32M	$0	$32M
Q2 22	$50M	$0	$50M
Q3 22	$47M	$0	$47M
Q4 22	$44M	$0	$44M
Q1 23	$15M	$0	$15M
Q2 23	$22M	$0	$22M
Q3 23	$13M	$0	$13M
Q4 23	$10M	$0	$10M
Q1 24	$13M	$0	$13M
Q2 24	$12M	$0	$12M
Q3 24	$19M	$0	$19M
Q4 24	$23M	$0	$23M
Q1 25	$13M	$0	$13M
Q2 25	$17M	$0	$17M
Q3 25	$17M	$0	$17M
Q4 25	$20M	$0	$20M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 20	51M	—	—
Q2 20	51M	0.0%	—
Q3 20	34M	-34.4%	—
Q4 20	34M	0.0%	—
Q1 21	34M	0.0%	-34.4%
Q2 21	34M	0.0%	-34.4%
Q3 21	34M	0.0%	0.0%
Q4 23	59M	+74.7%	+74.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 20	—	—
Q2 20	—	—
Q3 20	—	—
Q4 20	—	—
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q4 23	$213	883K

Revenue / Employee