Portillo's vs Sweetgreen
Portillo's and Sweetgreen are similar in size: $732m and $679m of revenue in their latest fiscal years. Portillo's grew faster (3.0% against 0.4%). Portillo's kept more of each dollar of sales as profit: a net margin of 2.6% against -19.7%. Sweetgreen carries less debt relative to equity (0.0% against 90.7%).
| Latest fiscal year | Portillo'sPTLO, 2025 | SweetgreenSG, 2025 |
|---|---|---|
| Revenue | $732m | $679m |
| Revenue growth | 3.0% | 0.4% |
| Net income | $19.3m | −$134m |
| Operating margin | 6.0% | -20.5% |
| Net margin | 2.6% | -19.7% |
| Return on equity | 4.5% | -33.4% |
| Free cash flow | −$18.5m | −$119m |
| Cash | $20.0m | $89.2m |
| Total debt | $424m | $0 |
| Debt to equity | 90.7% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 7,890 | 6,486 |
| Market value | $376m | $1.35bn |
| Price vs our value range | — | — |
| Moat score | 16 (Weak) | 17 (Weak) |
| Insider trades, 12 months | 3 buys, 0 sales | 4 buys, 6 sales |