Portillo's Inc. — Earnings Quality Grade F
PTLO · Consumer Cyclical
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 4 days, change +1 days YoY
AR growth 22.1% exceeds revenue growth 3.0%
Revenue 3.0%, CFFO -26.7%. Cash follows revenue
Expense Quality
Inventory 3.7% vs COGS 4.9%. Normal
CapEx growth 2.5% vs revenue 3.0%. Normal
SG&A/Gross Profit = 40.8%. Normal
Gross margin 39.4%, change -1.1pp. Stable
Cash Flow Quality
CFFO/NI = 3.72. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -3.3%. Low accruals
Cash $0.0B covers only 3% of debt $0.7B
Balance Sheet Health
Goodwill+Intangibles $0.6B = 137% of equity. Over 50%
Debt/EBITDA = 8.8x (>4x). Financial stress
Other assets -12.0% vs revenue 3.0%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change -1% YoY. Normal
Manipulation Score
M-Score = -2.43 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25