← Portillo's Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents and restricted cash | $41.4m | $39.3m | $44.4m | $10.4m | $22.9m | $20.0m | |
| Accounts and tenant improvement receivables | — | — | $8.6m | $14.2m | $14.8m | $16.5m | |
| Inventories | $5.1m | $6.1m | $7.4m | $8.7m | $7.9m | $8.2m | |
| Prepaid expenses and other | — | — | — | — | $7.1m | $6.8m | |
| Tax Receivable Agreement liability | $0 | $156.6m | $252.0m | $295.4m | $316.9m | $344.5m | |
| Total current assets | $54.6m | $59.0m | $65.3m | $41.9m | $52.7m | $51.5m | |
| Property and equipment, net | $174.8m | $190.8m | $227.0m | $295.8m | $359.0m | $420.3m | |
| Goodwill | $394.3m | $394.3m | $394.3m | $394.3m | $394.3m | $394.3m | |
| Other intangible assets, net | $42.3m | $35.8m | $31.8m | $28.9m | $26.1m | $23.4m | |
| Other assets | $4.3m | $5.0m | $4.1m | $5.5m | $8.3m | $7.3m | |
| Total other assets | $680.8m | $749.7m | $820.9m | $854.0m | $866.1m | $873.7m | |
| Operating lease assets | — | $0 | $166.8m | $193.8m | $222.4m | $261.1m | |
| Trade names | $223.9m | $223.9m | $223.9m | $223.9m | $223.9m | $221.7m | |
| Equity method investment | $16.0m | $16.2m | $16.3m | $16.7m | $16.1m | $15.7m | |
| Deferred tax assets | $0 | $74.5m | $150.5m | $184.7m | $197.4m | $211.3m | |
| Current portion of Tax Receivable Agreement liability | — | $0 | $813k | $4.4m | $7.7m | $7.9m | |
| Deferred revenue | $6.8m | $6.9m | $7.3m | $7.2m | $7.0m | $7.5m | |
| Short-term operating lease liabilities | — | $0 | $4.8m | $5.6m | $6.0m | $6.9m | |
| Long-term operating lease liabilities | — | $0 | $200.2m | $238.4m | $278.5m | $329.2m | |
| Non-controlling interest | $0 | $252.1m | $176.6m | $137.7m | $89.0m | $29.5m | |
| Total long-term liabilities | $502.6m | $509.2m | $769.9m | $820.5m | $874.4m | $915.3m | |
| Total assets | $910.2m | $999.6m | $1.3b | $1.4b | $1.5b | $1.6b | |
| Accounts payable | $21.4m | $27.2m | $30.3m | $33.2m | $45.5m | $43.2m | |
| Current portion of long-term debt | $3.3m | $3.3m | $4.2m | $7.5m | $11.2m | $6.2m | |
| Short-term debt | — | — | $0 | $15.0m | $25.0m | $90.0m | |
| Accrued expenses | $34.8m | $29.5m | $29.9m | $32.0m | $33.1m | $32.2m | |
| Long-term debt, net of current portion | $466.4m | $315.8m | $314.4m | $283.9m | $275.4m | $238.0m | |
| Total current liabilities | $66.4m | $66.9m | $77.3m | $104.9m | $135.6m | $194.0m | |
| Other long-term liabilities | $9.5m | $4.6m | $3.3m | $2.8m | $3.6m | $3.6m | |
| Total liabilities | $568.9m | $576.2m | $847.2m | $925.4m | $1.0b | $1.1b | |
| Preferred stock, $0.01 par value per share, 10,000,000 shares authorized, none issued and outstanding | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, value | $0 | $358k | $484k | $555k | $637k | $720k | |
| Additional paid-in-capital | $0 | $186.9m | $260.7m | $308.2m | $357.3m | $404.6m | |
| Retained earnings | $0 | ($15.9m) | ($4.8m) | $13.6m | $43.1m | $62.5m | |
| Total stockholders' equity attributable to Portillo's Inc. | $140.7m | $171.3m | $256.3m | $322.4m | $401.1m | $467.8m | |
| Total stockholders' equity | $140.7m | $423.4m | $432.9m | $460.1m | $490.1m | $497.3m | |
| Total liabilities and members' equity | $910.2m | $999.6m | $1.3b | $1.4b | $1.5b | $1.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.