Portillo's vs Wingstop
Portillo's reported revenue of $732 million in fiscal 2025, about the same as Wingstop's $697 million in fiscal 2025. Portillo's revenue grew 3.0% in its latest year, and Wingstop's grew 11.3%. Portillo's had an operating margin of 6.0%, against 25.7% at Wingstop. Free cash flow was −$19 million at Portillo's and $106 million at Wingstop. Their fiscal years end in different months (December 28 and December 27), so the periods don't line up exactly.
Side by side
| Portillo's | Wingstop | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 28, 2025 | FY2025, Dec 27, 2025 |
| Revenue | $732M | $697M |
| Revenue growth | 3.0% | 11.3% |
| Revenue growth a year, last 5 years | 10.0% | 22.9% |
| Gross margin | — | — |
| Operating margin | 6.0% | 25.7% |
| Net margin | 2.6% | 25.0% |
| Free cash flow | −$19M | $106M |
| Free cash flow margin | −2.5% | 15.2% |
| Return on capital | 4.5% | 51.0% |
| Net debt to EBITDA | 5.5x | 5.0x |
| Dividends and buybacks | $0M | $254M |
| Change in diluted share count | 11.1% | −4.5% |
| Last close | $6.64 | $163.28 |
| P/E at the last close | 28.9× | 38.2× |
| Insider trades, last 12 months | — | sold $1.6 million |
| Piotroski F-score | 3 of 8 | 4 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Portillo'sWingstop
Operating margin
Percent of revenue
Portillo'sWingstop
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Portillo'sWingstop
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Portillo's and Wingstop pages.