20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Chipotle Mexican Grill (CMG) operates in the Restaurants industry and is headquartered in Newport Beach, United States with about 135,000 employees. Its market capitalization is roughly $41 billion. In the fiscal year ended 2025-12-31, CMG reported $11.9B in revenue and $1.5B in net income.
Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. The company sells food and beverages, such as burritos, burrito bowls, quesadillas, tacos, and salads, as well as kids' meals, chips, and sides.
Interactive charts & full statements → Open the CMG valuation workbench →
| Income statement | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $12.1B | $11.9B | $11.3B | $9.9B | $8.6B | $7.5B | $6.0B | $5.6B | $4.9B | $4.5B | $3.9B | $4.5B | $4.1B | $3.2B | $2.7B | $2.3B | $1.8B | $1.5B | $1.3B | $1.1B | $823M |
| Gross Profit | $4.4B | $3.0B | $3.0B | $2.6B | $2.1B | $1.7B | $1.0B | $1.1B | $911M | $756M | $498M | $1.2B | $1.1B | $855M | $740M | $589M | $489M | $379M | $287M | $243M | $172M |
| Gross Margin % | 36.1% | 25.4% | 26.7% | 26.2% | 23.9% | 22.6% | 17.4% | 20.4% | 18.7% | 16.9% | 12.8% | 26.1% | 27.2% | 26.6% | 27.1% | 26.0% | 26.7% | 24.9% | 21.5% | 22.3% | 20.9% |
| Operating Income (EBIT) | $1.9B | $2.0B | $1.9B | $1.6B | $1.2B | $805M | $290M | $444M | $258M | $271M | $35M | $764M | $711M | $533M | $456M | $351M | $288M | $204M | $124M | $108M | $62M |
| Operating Margin % | 15.8% | 16.9% | 16.9% | 15.8% | 13.4% | 10.7% | 4.9% | 8.0% | 5.3% | 6.0% | 0.9% | 17.0% | 17.3% | 16.6% | 16.7% | 15.4% | 15.7% | 13.4% | 9.3% | 10.0% | 7.5% |
| Net Income | $1.5B | $1.5B | $1.5B | $1.2B | $899M | $653M | $356M | $350M | $177M | $176M | $23M | $476M | $445M | $327M | $278M | $215M | $179M | $127M | $78M | $71M | $41M |
| Net Margin % | 12.0% | 12.9% | 13.6% | 12.4% | 10.4% | 8.6% | 5.9% | 6.3% | 3.6% | 3.9% | 0.6% | 10.6% | 10.8% | 10.2% | 10.2% | 9.5% | 9.8% | 8.3% | 5.9% | 6.5% | 5.0% |
| EBITDA | $2.3B | $2.4B | $2.3B | $2.0B | $1.5B | $1.1B | $575M | $691M | $536M | $460M | $222M | $924M | $844M | $651M | $557M | $440M | $371M | $266M | $180M | $158M | $96M |
| Earnings Per Share (EPS) | $1.11 | $1.16 | $1.13 | $0.90 | $0.66 | $0.51 | $0.21 | $0.28 | $0.18 | $0.12 | $0.02 | $0.30 | $0.28 | $0.21 | $0.17 | $0.14 | $0.11 | $0.08 | $0.05 | $0.04 | $0.03 |
| Shares Outstanding (M) | 1,302M | 1,343M | 1,377M | 1,386M | 1,403M | 1,426M | 1,421M | 1,415M | 1,398M | 1,428M | 1,488M | 1,575M | 1,576M | 1,564M | 1,589M | 1,589M | 1,587M | 1,605M | 1,657M | 1,657M | 1,623M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.1B | $3.0B | $3.0B | $3.1B | $2.9B | $2.8B | $2.8B | $3.0B |
| Gross Profit | $2.1B | $699M | $736M | $838M | $754M | $704M | $712M | $859M |
| Gross Margin % | 68.4% | 23.4% | 24.5% | 27.4% | 26.2% | 24.8% | 25.5% | 28.9% |
| Operating Income (EBIT) | $397M | $446M | $498M | $575M | $494M | $416M | $473M | $586M |
| Operating Margin % | 12.9% | 14.9% | 16.6% | 18.8% | 17.2% | 14.6% | 16.9% | 19.7% |
| Net Income | $303M | $331M | $382M | $436M | $387M | $332M | $387M | $456M |
| Net Margin % | 9.8% | 11.1% | 12.7% | 14.2% | 13.5% | 11.7% | 13.9% | 15.3% |
| EBITDA | $503M | $526M | $587M | $668M | $589M | $513M | $586M | $684M |
| Earnings Per Share (EPS) | $0.24 | $0.25 | $0.29 | $0.33 | $0.29 | $0.25 | $0.27 | $0.34 |
| Shares Outstanding (M) | 1,302M | 1,320M | 1,340M | 1,350M | 1,361M | 1,369M | 1,375M | 1,382M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $2.2B | $2.1B | $2.1B | $1.8B | $1.3B | $1.3B | $664M | $722M | $622M | $467M | $349M | $683M | $682M | $529M | $420M | $411M | $289M | $261M | $199M | $147M | $104M |
| Capital Expenditures (CapEx) | $702M | $666M | $594M | $561M | $479M | $442M | $373M | $334M | $287M | $217M | $259M | $257M | $253M | $200M | $197M | $151M | $113M | $117M | $152M | $141M | $97M |
| Free Cash Flow (FCF) | $1.5B | $1.4B | $1.5B | $1.2B | $844M | $840M | $290M | $388M | $334M | $250M | $90M | $426M | $429M | $329M | $223M | $260M | $176M | $143M | $46M | $6M | $6M |
| FCF Margin % | 12.4% | 12.1% | 13.4% | 12.4% | 9.8% | 11.1% | 4.9% | 6.9% | 6.9% | 5.6% | 2.3% | 9.5% | 10.4% | 10.2% | 8.2% | 11.5% | 9.6% | 9.4% | 3.5% | 0.6% | 0.8% |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $651M | $426M | $570M | $561M | $557M | $527M | $446M | $563M |
| Capital Expenditures (CapEx) | $180M | $197M | $163M | $161M | $145M | $173M | $148M | $140M |
| Free Cash Flow (FCF) | $471M | $228M | $406M | $401M | $412M | $354M | $299M | $422M |
| FCF Margin % | 15.2% | 7.7% | 13.5% | 13.1% | 14.3% | 12.4% | 10.7% | 14.2% |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-03-31 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.8B | $9.0B | $9.2B | $8.0B | $6.9B | $6.7B | $6.0B | $5.1B | $2.3B | $2.0B | $2.0B | $2.7B | $2.5B | $2.0B | $1.7B | $1.4B | $1.1B | $962M | $825M | $722M | $604M |
| Cash & Cash Equivalents | $247M | $351M | $749M | $561M | $384M | $815M | $608M | $481M | $250M | $185M | $88M | $248M | $419M | $323M | $323M | $401M | $225M | $220M | $88M | $151M | $154M |
| Total Liabilities | $6.4B | $6.2B | $5.5B | $5.0B | $4.6B | $4.4B | $4.0B | $3.4B | $824M | $681M | $624M | $597M | $534M | $471M | $423M | $381M | $311M | $258M | $202M | $160M | $130M |
| Total Debt (Short + Long-Term) | $310M | $302M | $278M | $248M | $236M | $219M | $205M | $173M | $27M | $19M | $20M | $16M | $23M | $18M | $4M | $4M | $4M | $4M | $4M | $4M | $4M |
| Total Shareholders' Equity | $2.4B | $2.8B | $3.7B | $3.1B | $2.4B | $2.3B | $2.0B | $1.7B | $1.4B | $1.4B | $1.4B | $2.1B | $2.0B | $1.5B | $1.2B | $1.0B | $811M | $703M | $623M | $562M | $474M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive CMG viewer.
A single-format restaurant chain with unit economics most operators only dream about. Throughput, digital, and unit growth — versus a saturating US market and a leadership transition.
Read the brief on SubstackListen on SpotifyApple Podcasts
About TickerBase · Data methodology & sources