Portillo's Inc. (PTLO) Stock

Portillo's Inc. (PTLO) is a Consumer Discretionary stock trading at $4.76 (as of 2026-08-20), with a market capitalization of $343.44M and a trailing P/E of 22.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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-grilled burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and chocolate cake shakes. As of March 10, 2022, it operated in 70 locations across nine states. The company also offers its products through its website. Portillo's Inc. was founded in 1963 and is based in Oak Brook, Illinois.

Understand Portillo's Inc.: how it makes money

Portillo's Inc. runs fast casual and quick service restaurants in the United States, selling Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, salads, fries, and chocolate cake products, and it also sells its products through its website.

Portillo's restaurant profits are primarily driven by per-restaurant sales (Average Unit Volume) and the ability to manage pricing and cost pressures, including Effective Pricing, Commodity Inflation, and staffing (Understaffing Versus Ideal Staffing Level), while scaling unit growth into its comparable base and using Perks and kiosks to support demand.

Business quality (Weak): Good operating detail is available through restaurant-level KPIs (unit volume, pricing, commodities, staffing, and demand programs), but segment-level reporting and quarter-specific changes are not provided here, limiting how precisely investors can map movements in those KPIs to reported results.

Valuation: At 23× earnings, PTLO trades 18% below the Restaurants, Hotels & Motels average (27×). Note: one-time items can distort reported P/E.

Bull case

  • Demand and convenience levers are explicit: The KPI set tracks customer program penetration (Perks Penetration, Perks Program Members Enrolled) and operational channel shifts (Kiosk Adoption Rate), which can support visits and order flow.
  • Pricing and cost management are monitored: Management metrics include Effective Pricing and Commodity Inflation, along with Commodity Basket Locked for 2022, indicating a focus on balancing menu pricing with ingredient cost pressure.
  • Restaurant base growth into comparability is tracked: KPIs track Restaurants Not Yet in Comparable Base Opened in Fiscal 2023 and Fiscal 2024, highlighting ongoing unit expansion and the path to contribute to the comparable restaurant base.

Bear case

  • Margins can be pressured by labor and input costs: The KPI set includes Understaffing Versus Ideal Staffing Level and Commodity Inflation, both of which can negatively affect service levels, throughput, and profitability.
  • Profitability appears tight at the company level: The latest provided operating margin is 2.5%, so adverse movement in unit economics, pricing, or costs could be difficult to absorb.
  • Menu mix and sales drivers can be volatile: KPIs include Product Mix and Same-Restaurant Mix, so unfavorable mix shifts could reduce sales efficiency even if traffic holds.
Valuation — source: SEC EDGAR (first-party)
Price$4.76
Market Cap$343.44M
P/E Ratio22.0
EV / EBITDA9.7
Price / Book0.69
Price / Sales0.47
FCF Yield-2.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$732.07M
Net Margin2.6%
Revenue Growth (YoY)3.5%
EPS Growth (YoY)-120.0%
FCF Growth (YoY)-90.5%
Financial Health — source: SEC EDGAR
Altman Z-Score0.68 (distress)
Valuation vs Sector & Industry
Stock P/E22.0
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Restaurants, Hotels & Motels)26.6
vs Sector7.3%
vs Industry-17.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderOrbis Allan Gray Ltd ($37.39M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryRestaurants, Hotels & Motels
CEOMichael A. Miles Jr.
Employees8,512
CountryUS
IPO Date2021-10-21

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PTLO earnings history · PTLO institutional & insider holders · PTLO KPIs & operating metrics · PTLO financials · PTLO investor presentations & press releases · PTLO SEC filings · PTLO peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.