Portillo's Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 25, 2022	Dec '21 Dec 26, 2021	Dec '20 Dec 27, 2020
Revenue	730.93	710.55	679.91	587.1	534.95	455.47
Revenue Growth (YoY)	2.40%	4.51%	15.81%	9.75%	17.45%	-5.00%
Cost of Revenue	567.87	542.44	514.73	454.6	392.87	333.53
Gross Profit	163.06	168.11	165.17	132.51	142.08	121.95
Selling, General & Admin	74.72	75.09	78.84	66.89	87.09	39.85
Other Operating Expenses	-1.18	-0.84	-1.63	-0.6	-1.36	-1.34
Operating Expenses	111.03	110.78	110.54	91.91	112.61	65.31
Operating Income	52.03	57.33	54.63	40.59	29.47	56.63
Interest Expense	-23.17	-25.62	-27.47	-27.64	-39.69	-45.03
Interest & Investment Income	0.37	0.31	0.21	-	-	-
Earnings From Equity Investments	1.3	1.23	1.4	1.08	0.8	0.46
Other Non Operating Income (Expenses)	8.56	9.15	3.35	5.35	-	-
EBT Excluding Unusual Items	39.09	42.4	32.12	19.38	-9.43	12.06
Gain (Loss) on Sale of Assets	-0.65	-0.53	-0.59	-0.4	-0.26	-0.1
Other Unusual Items	1.1	-	-3.47	-	-7.27	0.3
Pretax Income	32.94	41.88	28.07	18.98	-16.95	12.26
Income Tax Expense	5.69	6.8	3.25	1.82	-3.53	-
Earnings From Continuing Operations	27.24	35.08	24.82	17.16	-13.42	12.26
Minority Interest in Earnings	-2.75	-5.56	-6.39	-6.31	-19.41	-
Net Income	24.5	29.52	18.42	10.85	-32.82	12.26
Preferred Dividends & Other Adjustments	-	-	-	-	21.18	20.52
Net Income to Common	24.5	29.52	18.42	10.85	-54	-8.26
Net Income Growth	-5.93%	60.21%	69.79%	-	-	120.76%
Shares Outstanding (Basic)	67	61	54	39	36	51
Shares Outstanding (Diluted)	69	64	57	43	36	51
Shares Change (YoY)	11.03%	11.65%	34.16%	19.29%	-30.05%	0.03%
EPS (Basic)	0.37	0.48	0.34	0.28	-1.51	-0.16
EPS (Diluted)	0.35	0.46	0.32	0.25	-1.51	-0.16
EPS Growth	-15.25%	43.75%	28.00%	-	-	-
Free Cash Flow	-14.95	9.85	-17.14	9.83	6.69	36.82
Free Cash Flow Per Share	-0.22	0.15	-0.30	0.23	0.19	0.72
Gross Margin	22.31%	23.66%	24.29%	22.57%	26.56%	26.77%
Operating Margin	7.12%	8.07%	8.04%	6.91%	5.51%	12.43%
Profit Margin	3.35%	4.15%	2.71%	1.85%	-10.09%	-1.81%
Free Cash Flow Margin	-2.04%	1.39%	-2.52%	1.67%	1.25%	8.08%
EBITDA	80.08	84.63	78.94	61.5	52.78	81.22
EBITDA Margin	10.96%	11.91%	11.61%	10.47%	9.87%	17.83%
D&A For EBITDA	28.06	27.3	24.31	20.91	23.31	24.58
EBIT	52.03	57.33	54.63	40.59	29.47	56.63
EBIT Margin	7.12%	8.07%	8.04%	6.91%	5.51%	12.43%
Effective Tax Rate	17.29%	16.24%	11.57%	9.61%	-	-

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q