AMZN
Amazon.com, Inc.
AMZN has the edge over PTLO overall, supported by stronger modeled upside and stronger valuation.
PTLO
Portillo's Inc.
PTLO's outlook is improving, though it still trails on the overall score.
AMZN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Weak | |
| Healthy |
AMZN's revenue, profitability and balance sheet are currently healthy, but its cash flow is weak.
PTLO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
PTLO's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
AMZN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 22x | $267 | — |
| Forward | 27x | $267 | — |
| Cheap | 34x | $415 | +55% |
| Fair | 60x | $745 | +179% |
| Expensive | 102x | $1,262 | +372% |
Historical ranges are pointers, not guarantees.
AMZN has the edge over PTLO in the historical PE scenario, which offers more potential upside but is not a forecast.
PTLO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $4.20 | -37% |
| Forward | 26x | $6.68 | — |
| Fair | 27x | $5.84 | -13% |
| Current | 30x | $6.68 | — |
| Expensive | 64x | $14.12 | +111% |
Historical ranges are pointers, not guarantees.
PTLO's PE is in its fair range at 30x. If earnings grow as analysts expect, today's price would be 26x next year's earnings.
AMZN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AMZN, with profitability improving.
PTLO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect PTLO's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
AMZN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.87 | -20% |
| Q3 2026 | $12.37 | +75% |
| Q2 2026 | $12.43 | +89% |
| Q1 2026 | $8.36 | +36% |
| Q4 2025 | $7.17 | +30% |
| Q3 2025 | $7.08 | +52% |
| Q2 2025 | $6.56 | +57% |
| Q1 2025 | $6.14 | +72% |
| Q4 2024 | $5.53 | +91% |
AMZN has the edge over PTLO on earnings, with more consistent year-over-year improvement.
PTLO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.25 | +16% |
| Q3 2026 | $0.22 | -39% |
| Q2 2026 | $0.18 | -60% |
| Q1 2026 | $0.21 | -51% |
| Q4 2025 | $0.27 | -41% |
| Q3 2025 | $0.36 | -16% |
| Q2 2025 | $0.45 | +15% |
| Q1 2025 | $0.43 | +4.9% |
| Q4 2024 | $0.46 | +44% |
PTLO's earnings per share have fallen from their peak: $0.22 over the past year, against $0.46 in late 2024.
AMZN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $201.9B | +12% |
| Q2 2026 | $200.6B | +20% |
| Q1 2026 | $181.5B | +17% |
| Q4 2025 | $213.4B | +14% |
| Q3 2025 | $180.2B | +13% |
| Q2 2025 | $167.7B | +13% |
| Q1 2025 | $155.7B | +8.6% |
| Q4 2024 | $187.8B | +10% |
AMZN has the edge over PTLO on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +4.2 points |
| Q2 2026 | 14% | +2.3 points |
| Q1 2026 | 13% | +1.3 points |
| Q4 2025 | 12% | +0.4 points |
| Q3 2025 | 9.7% | -1.3 points |
| Q2 2025 | 11% | +1.5 points |
| Q1 2025 | 12% | +1.1 points |
| Q4 2024 | 11% | +3.5 points |
AMZN has the edge over PTLO on profitability, with a higher operating margin.
PTLO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $194.1M | +7% |
| Q2 2026 | $199M | +5.6% |
| Q1 2026 | $182.6M | +3.5% |
| Q4 2025 | $185.7M | +0.6% |
| Q3 2025 | $181.4M | +1.8% |
| Q2 2025 | $188.5M | +3.6% |
| Q1 2025 | $176.4M | +6.4% |
| Q4 2024 | $184.6M | -1.7% |
PTLO's revenue has grown year over year for seven quarters in a row: $194M last quarter, up 7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.1% | +3.1 points |
| Q2 2026 | 6.9% | -2.4 points |
| Q1 2026 | 2.5% | -3.4 points |
| Q4 2025 | 5.6% | -1.9 points |
| Q3 2025 | 3% | -6 points |
| Q2 2025 | 9.3% | -0.7 points |
| Q1 2025 | 5.9% | -0.2 points |
| Q4 2024 | 7.5% | -0.2 points |
PTLO's operating margin was 6.1% last quarter, up 3.1 points from the same quarter a year ago.
AMZN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$34.8B | -8202% |
| Q2 2026 | -$8.8B | -2757% |
| Q1 2026 | -$18.2B | -$10.2B |
| Q4 2025 | $14.9B | -16% |
| Q3 2025 | $430M | -87% |
| Q2 2025 | $332M | -96% |
| Q1 2025 | -$8B | -297% |
| Q4 2024 | $17.8B | -36% |
AMZN's free cash flow was −$46.9B over the past year, against $10.6B the year before.
PTLO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $16.8M | +$21.7M |
| Q2 2026 | $5.9M | +13% |
| Q1 2026 | -$907K | +$8.7M |
| Q4 2025 | -$9.2M | -$3.6M |
| Q3 2025 | -$5M | -164% |
| Q2 2025 | $5.2M | -67% |
| Q1 2025 | -$9.6M | -$1.7M |
| Q4 2024 | -$5.6M | +$7.5M |
PTLO has the edge over AMZN on cash generation, producing positive trailing cash flow while its opponent burns cash.
AMZN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +26M shares |
| 1 year | +0.8% | +84M shares |
| 3 years | +3.5% | +371M shares |
| 5 years | +6.1% | +629M shares |
| Available history | +8.2% | +829M shares |
AMZN has 10.9B diluted shares, up 0.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $3.3B |
PTLO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +262K shares |
| 1 year | -0.7% | -541K shares |
| 3 years | +25% | +14.7M shares |
| 5 years | +119% | +39.9M shares |
PTLO has the edge over AMZN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
AMZN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.1x | Very low |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | -0.0x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.2x | Net Cash |
AMZN has the edge over PTLO on leverage, with a lower net debt burden relative to earnings.
PTLO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.1x | High |
| Q2 2026 | 4.9x | High |
| Q1 2026 | 4.8x | High |
| Q4 2025 | 4.3x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 3.5x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.4x | Elevated |
PTLO's net debt is about 4.1 years of its operating earnings (EBITDA), about the same as a year ago.
AMZN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.1 | Neutral |
| Stochastic | 50.0 | Neutral |
AMZN's weekly RSI is 57 (neutral) and its Stochastic is 50 (neutral).
PTLO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.8 | Neutral |
| Stochastic | 85.6 | Overbought |
PTLO's weekly RSI is 66 (neutral) and its Stochastic is 86 (overbought).
AMZN PE vs Consumer Cyclical Sector
| Metric | AMZN | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 18x | 20% above |
| PE % | 4 | 47 | 43 pts below |
AMZN has the edge over PTLO on valuation relative to its sector.
PTLO PE vs Consumer Cyclical Sector
| Metric | PTLO | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 18x | 68% above |
| PE % | 59 | 56 | 3 pts above |
PTLO is trading at 30x earnings, a 68% premium to the Consumer Cyclical sector's median of 18x.
AMZN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $253.6 | 5.5% above |
| 20 week MA | $254.9 | 4.9% above |
| 50 week MA | $242.5 | 10% above |
| 100 week MA | $229.6 | 17% above |
| 200 week MA | $191.4 | 40% above |
AMZN has the edge over PTLO on trend strength, trading above more of its moving averages.
PTLO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.76 | 40% above |
| 20 week MA | $4.64 | 44% above |
| 50 week MA | $4.93 | 35% above |
| 100 week MA | $7.39 | 9.6% below |
| 200 week MA | $11.5 | 42% below |
PTLO has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 42% below its 200-week average.
AMZN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $93.5 | $158.6 | +70% |
| 2021 | $158.6 | $171.1 | +7.8% |
| 2022 | $171.1 | $85.3 | -50% |
| 2023 | $85.3 | $151.9 | +78% |
| 2024 | $151.9 | $223.8 | +47% |
| 2025 | $223.8 | $232.5 | +3.9% |
| 2026 YTD | $232.5 | $267.4 | +15% |
AMZN has finished higher in five of the last six years, two of them by more than 50%. It's up 15% so far in 2026.
PTLO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $37.4 | $38.3 | +2.4% |
| 2022 | $38.3 | $17.2 | -55% |
| 2023 | $17.2 | $15.9 | -7.3% |
| 2024 | $15.9 | $8.98 | -44% |
| 2025 | $8.98 | $4.71 | -48% |
| 2026 YTD | $4.71 | $6.68 | +42% |
PTLO has the edge over AMZN on returns for 2026, with the stronger performance.