Portillo's Inc. (PTLO) Gross Margin (2020 - 2023)
Portillo's' Gross Margin came in at 65.64% for Q1 2023, up 0.04 percentage points from 65.60% a year earlier and up 0.65 percentage points from the prior quarter.
Portillo's Inc. (PTLO) Gross Margin (2020 - 2023) Analysis & Trends
Over the trailing twelve months to Mar 26, 2023, Portillo's reported Gross Margin of 65.24%, down 2.52 percentage points year-over-year; for FY2022, it came in at 65.21%, down 3.61 percentage points from FY2021.
- Gross Margin carries a three-year change of -3.69 percentage points (FY2019 to FY2022).
- Going back by year, Gross Margin was 68.83% in FY2021 (+0.10 pp), 68.73% in FY2020 (-0.18 pp) and 68.91% in FY2019.
- The Q1 2023 figure represents the highest quarterly Gross Margin since Q4 2021.
- Year-over-year, Gross Margin increased in 1 of the last seven quarters, with an average year-over-year change of -2.58 percentage points.
- Business Quant data shows PTLO's Gross Margin at 64.99% (Q4 2022), 64.68% (Q3 2022) and 65.63% (Q2 2022) in the three quarters before Q1 2023.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 26, 2023 | 65.64% |
| Dec 25, 2022 | 64.99% |
| Sep 25, 2022 | 64.68% |
| Jun 26, 2022 | 65.63% |
| Mar 27, 2022 | 65.60% |
| Dec 26, 2021 | 67.39% |
| Sep 26, 2021 | 67.91% |
| Jun 27, 2021 | 70.05% |
| Mar 28, 2021 | 70.14% |
| Dec 27, 2020 | 69.33% |
| Sep 27, 2020 | 69.45% |
Portillo's Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PTLO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PTLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PTLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();