Chipotle Mexican Grill, Inc. (CMG) — Financial statements
Income statement, balance sheet, and cash flow for Chipotle Mexican Grill, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 11,926↑5.4% | 11,314↑14.6% | 9,872↑14.3% | 8,635↑14.4% | 7,547 | |
| Cost of Revenue | 8,899↑7.3% | 8,296↑13.9% | 7,286↑10.8% | 6,573↑12.5% | 5,840 | |
| Gross Profit | 3,026↑0.3% | 3,018↑16.7% | 2,586↑25.4% | 2,062↑20.8% | 1,707 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 652↓6.5% | 697↑10.1% | 634↑12.3% | 564↓7.0% | 607 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 652↓6.5% | 697↑10.1% | 634↑12.3% | 564↓7.0% | 607 | |
| Other Expenses | 361↓10.5% | 404↑2.3% | 395↑16.9% | 338↑14.3% | 295 | |
| Operating Expenses | 1,013↓8.0% | 1,101↑7.1% | 1,028↑14.0% | 902↓0.0% | 902 | |
| Total Costs & Expenses | 9,913↑5.5% | 9,398↑13.0% | 8,314↑11.2% | 7,474↑10.9% | 6,742 | |
| Operating Results | ||||||
| Operating Income | 2,013↑5.0% | 1,916↑23.0% | 1,558↑34.2% | 1,160↑44.2% | 805 | |
| Depreciation & Amortization | 361↑7.9% | 335↑4.9% | 319↑11.4% | 287↑12.6% | 255 | |
| EBITDA | 2,374↑2.3% | 2,320↑18.8% | 1,953↑30.3% | 1,498↑36.2% | 1,100 | |
| EBIT | 2,013↑1.4% | 1,985↑21.6% | 1,633↑34.8% | 1,211↑43.2% | 845 | |
| Interest & Other Income | ||||||
| Net Interest Income | 74↓21.5% | 94↑49.8% | 63↑196.7% | 21↑170.2% | 8 | |
| Interest Income | 74↓21.5% | 94↑49.8% | 63↑196.7% | 21↑170.2% | 8 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00↑100.0% | -69↑8.6% | -75↓48.5% | -51↓25.0% | -41 | |
| Other Income / Expenses | -3↓103.5% | 94↑49.8% | 63↑196.7% | 21↑170.2% | 8 | |
| Income Before Tax | 2,010↓0.0% | 2,010↑24.0% | 1,621↑37.2% | 1,182↑45.4% | 813 | |
| Income Tax Expense | 474↓0.5% | 476↑21.5% | 392↑38.7% | 282↑76.8% | 160 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,536↑0.1% | 1,534↑24.9% | 1,229↑36.7% | 899↑37.7% | 653 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,536↑0.1% | 1,534↑24.9% | 1,229↑36.7% | 899↑37.7% | 653 | |
| Bottom-Line Net Income | 1,536↑0.1% | 1,534↑24.9% | 1,229↑36.7% | 899↑37.7% | 653 | |
| EPS (Basic) | 1.15↑2.7% | 1.12↑25.8% | 0.89↑36.9% | 0.65↑41.3% | 0.46 | |
| EPS (Diluted) | 1.14↑2.7% | 1.11↑24.7% | 0.89↑39.1% | 0.64↑39.1% | 0.46 | |
| Weighted Average Shares | 1,337↓2.3% | 1,368↓0.7% | 1,378↓1.1% | 1,393↓1.0% | 1,407 | |
| Weighted Average Diluted Shares | 1,343↓2.5% | 1,377↓0.6% | 1,386↓1.3% | 1,403↓1.6% | 1,426 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.