PTLO
Portillo's Inc.
PTLO's fundamentals are mixed, but it looks expensive: trading at 30x earnings, above its usual 27x. Analysts expect strong earnings growth, though they disagree widely on how much.
PTLO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
PTLO's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
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.
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.
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.
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.
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's free cash flow has turned positive after two years mostly in the red: $13M over the past year.
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 73M diluted shares, down 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
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.
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).
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.
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.
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 finished four years in a row lower, and it's up 42% so far in 2026.