CHIPOTLE MEXICAN GRILL, INC. financials
Source: EDGAR filings · Built 2026-06-02T02:40:36Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.45B | 1.51B | 1.22B | 844.01M | 839.61M | 290.50M |
| EBITDA | 2.30B | 2.25B | 1.88B | 1.45B | 1.06B | 528.70M |
| Working Capital | 278.81M | 611.82M | 590.09M | 253.96M | 507.88M | 598.04M |
| Net Debt | 4.73B | 3.79B | 3.49B | 3.35B | 2.71B | 2.55B |
| Operating Margin | 16.23% | 16.94% | 15.78% | 13.44% | 10.67% | 4.85% |
| Net Margin | 12.88% | 13.56% | 12.45% | 10.41% | 8.65% | 5.94% |
| Return on Equity (ROE) | 54.26% | 41.97% | 40.13% | 37.97% | 28.42% | 17.61% |
| Return on Assets (ROA) | 17.07% | 16.67% | 15.27% | 12.98% | 9.81% | 5.95% |
| Current Ratio | 1.23× | 1.52× | 1.57× | 1.28× | 1.58× | 1.73× |
| Debt-to-Equity | 1.79× | 1.24× | 1.32× | 1.58× | 1.53× | 1.56× |
| Effective Tax Rate | 23.58% | 23.68% | 24.18% | 23.90% | 19.66% | -21.10% |
| Cash Conversion Ratio | 1.38× | 1.37× | 1.45× | 1.47× | 1.96× | 1.87× |
| Accruals Ratio | -0.06× | -0.06× | -0.07× | -0.06× | -0.09× | -0.05× |
| SBC % of Revenue | 1.00% | 1.16% | 1.26% | 1.14% | 2.34% | 1.38% |
| CapEx Coverage | 3.17× | 3.55× | 3.18× | 2.76× | 2.90× | 1.78× |
| Free Cash Flow Per Share | $1.08 | $1.10 | $0.88 | $0.60 | $29.45 | $10.22 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 32.46× | 54.32× | 51.39× | 43.36× | 76.34× | 110.76× |
| P/FCF | 34.32× | 54.92× | 51.83× | 46.13× | 59.37× | 135.65× |
| FCF Yield | 2.91% | 1.82% | 1.93% | 2.17% | 1.68% | 0.74% |
| EV / EBITDA | 23.07× | 38.08× | 2285.08× | 38.09× | 63.82× | 101.09× |
| P/S | 4.05× | 7.24× | 434.18× | 6.00× | 8.60× | 8.50× |
| P/B | 17.05× | 22.41× | 1399.67× | 21.87× | 28.26× | 25.20× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 11.93B | 11.31B | 9.87B | 8.63B | 7.55B | 5.98B |
| Operating Income (Loss) | 1.94B | 1.92B | 1.56B | 1.16B | 804.94M | 290.16M |
| Income Tax Expense (Benefit) | 473.76M | 476.12M | 391.77M | 282.43M | 159.78M | -61.98M |
| Net Income (Loss) Attributable to Parent | 1.54B | 1.53B | 1.23B | 899.10M | 652.98M | 355.77M |
| Earnings Per Share, Basic | $1.15 | $1.12 | $0.89 | $0.65 | $23.21 | $12.74 |
| Weighted Average Number of Shares Outstanding, Basic | 1.34B | 1.37B | 1.38B | 1.39B | 28.13M | 27.92M |
| Earnings Per Share, Diluted | $1.14 | $1.11 | $0.89 | $0.64 | $22.90 | $12.52 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.34B | 1.38B | 1.39B | 1.40B | 28.51M | 28.42M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 350.55M | 748.54M | 560.61M | 384.00M | 815.37M | 607.99M |
| Assets, Current | 1.47B | 1.78B | 1.62B | 1.18B | 1.38B | 1.42B |
| Assets | 8.99B | 9.20B | 8.04B | 6.93B | 6.65B | 5.98B |
| Long-term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities, Current | 1.19B | 1.17B | 1.03B | 921.88M | 873.68M | 822.20M |
| Liabilities | 6.16B | 5.55B | 4.98B | 4.56B | 4.36B | 3.96B |
| Stockholders' Equity Attributable to Parent | 2.83B | 3.66B | 3.06B | 2.37B | 2.30B | 2.02B |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 2.11B | 2.11B | 1.78B | 1.32B | 1.28B | 663.85M |
| Payments to Acquire Property, Plant, and Equipment | 666.34M | 593.60M | 560.73M | 479.16M | 442.48M | 373.35M |
| Net Cash Provided by (Used in) Investing Activities | -35.08M | -837.53M | -946.01M | -830.03M | -522.04M | -432.72M |
| Payments for Repurchase of Common Stock | 2.43B | 1.00B | 592.35M | 830.14M | 466.46M | 54.40M |
| Net Cash Provided by (Used in) Financing Activities | -2.47B | -1.07B | -660.65M | -929.40M | -548.61M | -104.85M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 471.02M | 228.39M | 1.22B | 813.01M | 412.26M | 353.88M |
| EBITDA | 493.78M | 513.02M | 567.70M | 650.00M | 566.46M | 499.61M |
| Working Capital | -100.03M | 278.81M | 623.72M | 736.85M | 570.11M | 611.82M |
| Net Debt | 5.00B | 4.73B | 4.28B | 3.94B | 3.91B | 3.79B |
| Operating Margin | 12.86% | 14.09% | 15.89% | 18.25% | 16.67% | 14.61% |
| Net Margin | 9.81% | 11.09% | 12.72% | 14.24% | 13.45% | 11.66% |
| Return on Equity (ROE) | 12.58% | 11.69% | 11.86% | 12.36% | 11.07% | 9.08% |
| Return on Assets (ROA) | 3.44% | 3.68% | 4.12% | 4.71% | 4.27% | 3.60% |
| Current Ratio | 0.92× | 1.23× | 1.54× | 1.65× | 1.52× | 1.52× |
| Debt-to-Equity | 2.18× | 1.79× | 1.55× | 1.35× | 1.33× | 1.24× |
| Effective Tax Rate | 25.38% | 23.69% | 23.11% | 24.47% | 22.91% | 24.44% |
| Cash Conversion Ratio | 2.15× | 1.29× | 4.42× | 2.56× | 1.44× | 1.59× |
| Accruals Ratio | -0.04× | -0.01× | -0.14× | -0.07× | -0.02× | -0.02× |
| SBC % of Revenue | 0.91% | 0.86% | 3.13% | 2.45% | 1.31% | 1.61% |
| CapEx Coverage | 3.61× | 2.16× | 3.60× | 3.66× | 3.85× | 3.05× |
| Free Cash Flow Per Share | $0.36 | $0.17 | $0.91 | $0.60 | $0.30 | $0.26 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 29.37× | 32.46× | 34.68× | 50.13× | 44.43× | 54.32× |
| EV / EBITDA | 20.77× | 23.07× | 24.62× | 34.86× | 31.26× | 38.08× |
| P/S | 3.39× | 4.05× | 4.41× | 6.51× | 5.90× | 7.24× |
| P/B | 17.11× | 17.05× | 16.13× | 21.35× | 19.41× | 22.41× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 3.09B | 2.98B | 3.00B | 3.06B | 2.88B | 2.85B |
| Operating Income (Loss) | 397.06M | 420.32M | 477.17M | 559.06M | 479.25M | 415.73M |
| Income Tax Expense (Benefit) | 102.98M | 102.71M | 114.86M | 141.28M | 114.90M | 107.33M |
| Net Income (Loss) Attributable to Parent | 302.82M | 330.93M | 382.10M | 436.13M | 386.60M | 331.76M |
| Earnings Per Share, Basic | $0.23 | $0.25 | $0.29 | $0.32 | $0.29 | $0.24 |
| Weighted Average Number of Shares Outstanding, Basic | 1.30B | 1.34B | 1.33B | 1.34B | 1.35B | 1.37B |
| Earnings Per Share, Diluted | $0.23 | $0.25 | $0.29 | $0.32 | $0.28 | $0.24 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.30B | 1.34B | 1.34B | 1.35B | 1.36B | 1.38B |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 246.64M | 350.55M | 698.74M | 844.52M | 725.60M | 748.54M |
| Assets, Current | 1.14B | 1.47B | 1.77B | 1.87B | 1.66B | 1.78B |
| Assets | 8.80B | 8.99B | 9.28B | 9.27B | 9.04B | 9.20B |
| Long-term Debt | — | 0 | — | — | — | 0 |
| Liabilities, Current | 1.24B | 1.19B | 1.15B | 1.13B | 1.09B | 1.17B |
| Liabilities | 6.40B | 6.16B | 6.06B | 5.74B | 5.55B | 5.55B |
| Stockholders' Equity Attributable to Parent | 2.41B | 2.83B | 3.22B | 3.53B | 3.49B | 3.66B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 651.35M | 425.84M | 1.69B | 1.12B | 557.08M | 526.77M |
| Payments to Acquire Property, Plant, and Equipment | 180.33M | 197.46M | 468.88M | 305.39M | 144.81M | 172.88M |
| Net Cash Provided by (Used in) Investing Activities | -8.07M | -27.75M | -7.34M | 8.07M | 6.08M | -136.03M |
| Payments for Repurchase of Common Stock | 701.03M | 741.80M | 1.68B | 997.05M | 553.80M | 338.95M |
| Net Cash Provided by (Used in) Financing Activities | -747.49M | -741.60M | -1.73B | -1.03B | -585.17M | -338.74M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (CMG CIK 0001058090),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.