Portillo's (PTLO) Rent Expense (2020 - 2026)

Portillo's' Rent Expense history runs 7 years deep, the most recent figure standing at $11.2 million for Q1 2026.

• In Q1 2026, Rent Expense rose 11.61% year-over-year to $11.2 million; the TTM figure through Mar 2026 stood at $41.8 million (up 12.01% YoY), while the FY2025 annual figure was $40.6 million, up 10.92% from the prior year.
• Rent Expense came in at $11.2 million for Q1 2026 at Portillo's, up from $10.1 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $11.2 million in Q1 2026 to a low of $7.4 million in Q2 2022.
• A 5-year average of $9.0 million and a median of $8.9 million in 2024 frame the typical range for Rent Expense.
• Across the five-year window, Rent Expense rose 3.84% in 2022 and grew 14.74% in 2025, its largest moves.
• Portillo's' Rent Expense stood at $7.9 million in 2022, then grew by 7.37% to $8.5 million in 2023, then climbed by 5.31% to $8.9 million in 2024, then climbed by 13.59% to $10.1 million in 2025, then increased by 10.51% to $11.2 million in 2026.
• According to Business Quant data, Rent Expense over the past three periods registered $11.2 million, $10.1 million, and $10.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison