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Portillo's Inc. PTLO Noncontrolling interests in subsidiaries

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Other financials

Income statement

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Revenue$199.0M+5.6%
Gross profit$102.4M+16.1%
Operating income$13.8M-21.4%
Net income$6.9M-20.2%
EPS (diluted)$0.09-25.0%

Balance sheet

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Cash & equivalents$21.3M+27.9%
Total debt$685.1M+9.8%
Total equity$480.1M+4.6%
Total assets$1.6B+4.6%

Cash flow

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Operating cash flow$17.6M-8.7%
CapEx$11.7M-16.7%
Free cash flow$5.9M

Valuation

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Market cap$321.26M-42.4%
Enterprise value$985.14M-15.6%
P/E23.2×+4.9×
P/S0.4×-0.3×

Profitability

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Gross margin65.2%-2.5pp
Operating margin4.5%-3.4pp
Net margin1.9%-2.3pp
FCF margin-1.2%

Returns & leverage

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Return on equity3%-4.4pp
Debt / equity1.4×+0.1×
Current ratio0.3×0.0×

Where this comes from

Reported directly by Portillo's Inc. in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Portillo's Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001871509-26-000056
Line itemJune 28, 2026December 28, 2025
Class A common stock, $0.01 par value per share, 380,000,000 shares authorized, and 72,504,761 and 71,971,736 shares issued and outstanding at June 28, 2026 and December 28, 2025, respectively.725720
Class B common stock, $0.00001 par value per share, 50,000,000 shares authorized, and 3,424,546 and 3,442,335 shares issued and outstanding at June 28, 2026 and December 28, 2025, respectively.
Additional paid-in-capital410,394404,603
Retained earnings69,01662,474
Total stockholders' equity attributable to Portillo's Inc.480,135467,797
Non-controlling interest29,81729,476
Total stockholders' equity509,952497,273
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$1,624,516$1,606,534

Item 1. Financial Statements (Unaudited)

FAQ

What is Portillo's Inc.'s noncontrolling interests in subsidiaries?
Portillo's Inc. (PTLO) reported noncontrolling interests in subsidiaries of $29.82M in Q2 2026.
How has Portillo's Inc.'s noncontrolling interests in subsidiaries changed year-over-year?
Portillo's Inc.'s noncontrolling interests in subsidiaries increased by 3.3% year-over-year, from $28.86M to $29.82M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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