PTLO - Portillo's Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$6.63
DETAILS
HIGH:
$8.00
LOW:
$5.25
MEDIAN:
$6.50
CONSENSUS:
$6.63
UPSIDE:
64.52%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 732.1 | 710.6 | 679.9 | 587.1 | 535.0 | 455.5 | 479.4 |
| Cost of Revenue | 443.4 | 422.8 | 404.7 | 358.6 | 305.6 | 258.4 | 283.3 |
| Gross Profit | 288.7 | 287.8 | 275.2 | 228.5 | 229.4 | 197.0 | 196.1 |
| Operating Expenses | |||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 117.8 | 111.7 | 112.2 | 97.5 | 115.1 | 64.8 | 67.7 |
| Other Expenses | 119.7 | 118.0 | 107.5 | 89.6 | 84.2 | 75.0 | 79.6 |
| Operating Expenses | 237.5 | 229.8 | 219.7 | 187.2 | 199.4 | 139.7 | 147.2 |
| Operating Income | |||||||
| Operating Income | 51.2 | 58.0 | 55.4 | 41.3 | 30.0 | 57.3 | 48.9 |
| Interest Expense | 22.8 | 25.6 | 27.5 | 27.6 | 39.7 | 45.0 | 43.4 |
| Interest Income | 0.3 | 0.3 | 0.2 | 0 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | 76.0 | 94.8 | 79.8 | 67.5 | 46.1 | 81.9 | 73.3 |
| EBIT | 46.9 | 67.5 | 55.5 | 46.6 | 22.7 | 57.3 | 48.9 |
| Income Before Tax | 24.1 | 41.9 | 28.1 | 19.0 | (16.9) | 12.3 | 5.6 |
| Income Tax Expense | 3.0 | 6.8 | 3.2 | 1.8 | (3.5) | 0 | 0 |
| Net Income | 19.3 | 29.5 | 18.4 | 10.9 | 6.0 | 12.3 | 5.6 |
| Per Share Data | |||||||
| EPS (Basic) | 0.28 | 0.48 | 0.34 | 0.28 | -0.42 | -0.25 | -0.38 |
| EPS (Diluted) | 0.27 | 0.46 | 0.32 | 0.25 | -0.42 | -0.25 | -0.38 |
| Shares Outstanding | 68.8 | 61.1 | 53.8 | 38.9 | 35.8 | 33.6 | 33.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 20.0 | 22.9 | 10.4 | 44.4 | 39.3 | 41.4 | 22.4 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 24.4 | 14.8 | 14.2 | 8.6 | 7.8 | 5.2 | 3.7 |
| Inventory | 8.2 | 7.9 | 8.7 | 7.4 | 6.1 | 5.1 | 3.9 |
| Other Current Assets | (7.9) | 0 | 0 | 0 | 0 | 0 | 2.7 |
| Total Current Assets | 51.5 | 52.7 | 41.9 | 65.3 | 59.0 | 54.6 | 32.7 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 681.3 | 581.4 | 489.6 | 393.8 | 190.8 | 174.8 | 165.1 |
| Goodwill | 394.3 | 394.3 | 394.3 | 394.3 | 394.3 | 394.3 | 394.3 |
| Intangible Assets | 23.4 | 250.0 | 252.8 | 255.7 | 259.8 | 266.2 | 274.9 |
| Long-Term Investments | 15.7 | 16.1 | 16.7 | 16.3 | 16.2 | 16.0 | 15.9 |
| Other Non-Current Assets | 229.0 | 8.3 | 5.5 | 4.1 | 5.0 | 4.3 | 3.7 |
| Total Non-Current Assets | 1,555.0 | 1,447.4 | 1,343.6 | 1,214.8 | 940.6 | 855.6 | 854.0 |
| Total Assets | 1,606.5 | 1,500.1 | 1,385.5 | 1,280.1 | 999.6 | 910.2 | 886.6 |
| Current Liabilities | |||||||
| Account Payables | 43.2 | 45.5 | 33.2 | 30.3 | 27.2 | 21.4 | 15.9 |
| Short-Term Debt | 103.1 | 36.2 | 22.5 | 4.2 | 3.3 | 3.3 | 18.3 |
| Deferred Revenue | 7.5 | 7.0 | 7.2 | 7.3 | 6.9 | 6.8 | 0 |
| Other Current Liabilities | 40.1 | 15.3 | 18.4 | 0 | 0 | 0 | 6.0 |
| Total Current Liabilities | 194.0 | 135.6 | 104.9 | 77.3 | 66.9 | 66.4 | 69.9 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 567.2 | 275.4 | 283.9 | 314.4 | 315.8 | 466.4 | 465.8 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 18.9 | 320.5 | 298.2 | 255.3 | 193.4 | 236.8 | 23.1 |
| Total Non-Current Liabilities | 915.3 | 874.4 | 820.5 | 769.9 | 509.2 | 703.2 | 488.9 |
| Total Liabilities | 1,109.3 | 1,010.0 | 925.4 | 847.2 | 576.2 | 769.5 | 558.9 |
| Stockholders' Equity | |||||||
| Common Stock | 0.7 | 0.6 | 0.6 | 0.5 | 0.4 | 0 | 0 |
| Retained Earnings | 62.5 | 43.1 | 13.6 | (4.8) | (15.9) | 0 | 56.1 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | (0.7) |
| Total Stockholders' Equity | 467.8 | 401.1 | 322.4 | 256.3 | 171.3 | 140.7 | 327.8 |
| Total Liabilities & Equity | 1,606.5 | 1,500.1 | 1,385.5 | 1,280.1 | 999.6 | 910.2 | 886.6 |
| Debt Metrics | |||||||
| Total Debt | 999.5 | 596.2 | 550.4 | 523.6 | 319.2 | 469.7 | 484.2 |
| Net Debt | 979.5 | 573.3 | 540.0 | 479.2 | 279.9 | 428.3 | 461.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 21.1 | 35.1 | 24.8 | 17.2 | (13.4) | 12.3 | 5.6 |
| Depreciation & Amortization | 29.1 | 27.3 | 24.3 | 20.9 | 23.3 | 24.6 | 24.4 |
| Stock-Based Compensation | 6.5 | 11.2 | 15.5 | 16.1 | 29.4 | 1.0 | 1.3 |
| Change in Working Capital | 12.7 | 25.7 | 2.1 | 3.9 | (7.0) | 13.6 | 6.9 |
| Other Non-Cash Items | (0.5) | 1.2 | 4.1 | 2.4 | 14.1 | 6.8 | 5.2 |
| Operating Cash Flow | 71.9 | 98.0 | 70.8 | 56.9 | 42.9 | 58.3 | 43.3 |
| Investing Activities | |||||||
| Capital Expenditure | (90.4) | (88.2) | (87.9) | (47.1) | (36.2) | (21.5) | (22.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | (0.2) | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Investing Cash Flow | (90.2) | (88.1) | (87.8) | (47.0) | (36.3) | (21.4) | (22.0) |
| Financing Activities | |||||||
| Net Debt Issuance | 23.1 | 4.4 | (13.1) | (3.3) | (158.3) | (18.3) | 1.3 |
| Stock Repurchased | 0 | (115.0) | (179.3) | (365.0) | (57.0) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (10.9) | (1.9) | (3.9) | (1.4) | (8.9) | 0.2 | (13.1) |
| Financing Cash Flow | 15.4 | 2.5 | (16.9) | (4.7) | (8.8) | (18.0) | (11.7) |
| Cash Position | |||||||
| Net Change in Cash | (2.9) | 12.4 | (34.0) | 5.2 | (2.2) | 18.8 | 9.6 |
| Cash at Beginning | 22.9 | 10.4 | 44.4 | 39.3 | 41.4 | 22.6 | 13.0 |
| Cash at End | 20.0 | 22.9 | 10.4 | 44.4 | 39.3 | 41.4 | 22.6 |
| Free Cash Flow | (18.5) | 9.8 | (17.1) | 9.8 | 6.7 | 36.8 | 21.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 732.1 | 710.6 | 679.9 | 587.1 | 535.0 | 455.5 | 479.4 |
| Gross Profit | 288.7 | 287.8 | 275.2 | 228.5 | 229.4 | 197.0 | 196.1 |
| Operating Income | 51.2 | 58.0 | 55.4 | 41.3 | 30.0 | 57.3 | 48.9 |
| Net Income | 19.3 | 29.5 | 18.4 | 10.9 | 6.0 | 12.3 | 5.6 |
| EPS (Diluted) | 0.27 | 0.46 | 0.32 | 0.25 | -0.42 | -0.25 | -0.38 |
| Balance Sheet | |||||||
| Cash & Equivalents | 20.0 | 22.9 | 10.4 | 44.4 | 39.3 | 41.4 | 22.4 |
| Total Assets | 1,606.5 | 1,500.1 | 1,385.5 | 1,280.1 | 999.6 | 910.2 | 886.6 |
| Total Debt | 999.5 | 596.2 | 550.4 | 523.6 | 319.2 | 469.7 | 484.2 |
| Stockholders' Equity | 467.8 | 401.1 | 322.4 | 256.3 | 171.3 | 140.7 | 327.8 |
| Cash Flow | |||||||
| Operating Cash Flow | 71.9 | 98.0 | 70.8 | 56.9 | 42.9 | 58.3 | 43.3 |
| Capital Expenditure | (90.4) | (88.2) | (87.9) | (47.1) | (36.2) | (21.5) | (22.0) |
| Free Cash Flow | (18.5) | 9.8 | (17.1) | 9.8 | 6.7 | 36.8 | 21.3 |