CMG: Chipotle Mexican Grill Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Chipotle Mexican Grill Inc (CMG).

OverviewDividends

$82.16B Market Cap.

As of 02/05/2025 5:00 PM ET (MRY) • Disclaimer

CMG Market Cap. (MRY)


CMG Shares Outstanding (MRY)


CMG Assets (MRY)


Total Assets

$9.20B

Total Liabilities

$5.55B

Total Investments

$1.54B

CMG Income (MRY)


Revenue

$11.31B

Net Income

$1.53B

Operating Expense

$1.10B

CMG Cash Flow (MRY)


CF Operations

$2.11B

CF Investing

-$837.53M

CF Financing

-$1.07B

CMG Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$9,204,374,000 (14.42%)

$8,044,362,000 (16.12%)

$6,927,504,000 (4.13%)

$6,652,958,000 (11.20%)

Assets Current

$1,780,587,000 (9.86%)

$1,620,713,000 (37.83%)

$1,175,837,000 (-14.89%)

$1,381,564,000 (-2.72%)

Assets Non-Current

$7,423,787,000 (15.57%)

$6,423,649,000 (11.68%)

$5,751,667,000 (9.11%)

$5,271,394,000 (15.53%)

Goodwill & Intangible Assets

$21,939,000 (0.00%)

$21,939,000 (0.00%)

$21,939,000 (0.00%)

$21,939,000 (0.00%)

Shareholders Equity

$3,655,546,000 (19.38%)

$3,062,207,000 (29.31%)

$2,368,023,000 (3.08%)

$2,297,374,000 (13.72%)

Property Plant & Equipment Net

$6,390,253,000 (11.16%)

$5,748,586,000 (9.42%)

$5,253,549,000 (7.49%)

$4,887,572,000 (12.32%)

Cash & Equivalents

$778,379,000 (32.79%)

$586,163,000 (43.33%)

$408,966,000 (-51.67%)

$846,230,000 (33.09%)

Accumulated Other Comprehensive Income

-$10,282,000 (-54.45%)

-$6,657,000 (15.61%)

-$7,888,000 (-47.33%)

-$5,354,000 (-26.60%)

Deferred Revenue

$238,577,000 (13.78%)

$209,680,000 (14.53%)

$183,071,000 (17.09%)

$156,351,000 (22.39%)

Total Investments

$1,542,403,000 (18.71%)

$1,299,326,000 (43.86%)

$903,191,000 (68.74%)

$535,256,000 (20.03%)

Investments Current

$674,378,000 (-8.23%)

$734,838,000 (42.65%)

$515,136,000 (97.41%)

$260,945,000 (-24.06%)

Investments Non-Current

$868,025,000 (53.77%)

$564,488,000 (45.47%)

$388,055,000 (41.47%)

$274,311,000 (168.07%)

Inventory

$48,942,000 (24.51%)

$39,309,000 (10.21%)

$35,668,000 (8.66%)

$32,826,000 (24.13%)

Trade & Non-Trade Receivables

$143,963,000 (24.61%)

$115,535,000 (8.10%)

$106,880,000 (7.31%)

$99,599,000 (-4.69%)

Trade & Non-Trade Payables

$210,695,000 (6.60%)

$197,646,000 (7.09%)

$184,566,000 (13.12%)

$163,161,000 (33.75%)

Accumulated Retained Earnings (Deficit)

$1,574,232,000 (-74.01%)

$6,056,985,000 (25.45%)

$4,828,248,000 (22.88%)

$3,929,147,000 (19.93%)

Tax Assets

$67,229,000 (26.94%)

$52,960,000 (10.93%)

$47,741,000 (-49.25%)

$94,064,000 (-66.74%)

Tax Liabilities

$46,208,000 (-48.14%)

$89,109,000 (-9.65%)

$98,623,000 (-30.43%)

$141,765,000 (-5.12%)

Total Debt

$4,540,618,000 (12.07%)

$4,051,625,000 (8.58%)

$3,731,410,000 (6.00%)

$3,520,314,000 (11.51%)

Debt Current

$277,836,000 (12.00%)

$248,074,000 (5.01%)

$236,248,000 (8.02%)

$218,713,000 (6.82%)

Debt Non-Current

$4,262,782,000 (12.07%)

$3,803,551,000 (8.82%)

$3,495,162,000 (5.86%)

$3,301,601,000 (11.83%)

Total Liabilities

$5,548,828,000 (11.37%)

$4,982,155,000 (9.27%)

$4,559,481,000 (4.68%)

$4,355,584,000 (9.91%)

Liabilities Current

$1,168,768,000 (13.40%)

$1,030,625,000 (11.80%)

$921,880,000 (5.52%)

$873,682,000 (6.26%)

Liabilities Non-Current

$4,380,060,000 (10.84%)

$3,951,530,000 (8.63%)

$3,637,601,000 (4.47%)

$3,481,902,000 (10.87%)

CMG Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$11,313,853,000 (14.61%)

$9,871,649,000 (14.33%)

$8,634,652,000 (14.41%)

$7,547,061,000 (26.11%)

Cost of Revenue

$8,296,161,000 (13.87%)

$7,285,557,000 (10.85%)

$6,572,533,000 (12.54%)

$5,840,052,000 (18.13%)

Selling General & Administrative Expense

$697,483,000 (10.09%)

$633,584,000 (12.30%)

$564,191,000 (-7.03%)

$606,854,000 (30.14%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$1,101,359,000 (7.11%)

$1,028,279,000 (14.04%)

$901,716,000 (-0.04%)

$902,066,000 (20.13%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$476,120,000 (21.53%)

$391,769,000 (38.71%)

$282,430,000 (76.76%)

$159,779,000 (357.77%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$1,534,110,000 (24.85%)

$1,228,737,000 (36.66%)

$899,101,000 (37.69%)

$652,984,000 (83.54%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$1,534,110,000 (24.85%)

$1,228,737,000 (36.66%)

$899,101,000 (37.69%)

$652,984,000 (83.54%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$1,534,110,000 (24.85%)

$1,228,737,000 (36.66%)

$899,101,000 (37.69%)

$652,984,000 (83.54%)

Weighted Average Shares

$1,368,343,000 (4865.86%)

$27,555,000 (-1.06%)

$27,851,000 (-1.00%)

$28,132,000 (0.77%)

Weighted Average Shares Diluted

$1,376,555,000 (4867.72%)

$27,710,000 (-1.25%)

$28,062,000 (-1.57%)

$28,511,000 (0.33%)

Earning Before Interest & Taxes (EBIT)

$2,010,230,000 (24.05%)

$1,620,506,000 (37.15%)

$1,181,531,000 (45.37%)

$812,763,000 (176.66%)

Gross Profit

$3,017,692,000 (16.69%)

$2,586,092,000 (25.41%)

$2,062,119,000 (20.80%)

$1,707,009,000 (63.97%)

Operating Income

$1,916,333,000 (23.01%)

$1,557,813,000 (34.25%)

$1,160,403,000 (44.16%)

$804,943,000 (177.41%)

CMG Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$837,526,000 (11.47%)

-$946,009,000 (-13.97%)

-$830,032,000 (-59.00%)

-$522,042,000 (-20.64%)

Net Cash Flow from Financing

-$1,073,699,000 (-62.52%)

-$660,652,000 (28.92%)

-$929,404,000 (-69.41%)

-$548,606,000 (-423.22%)

Net Cash Flow from Operations

$2,105,076,000 (18.03%)

$1,783,477,000 (34.79%)

$1,323,179,000 (3.21%)

$1,282,081,000 (93.13%)

Net Cash Flow / Change in Cash & Cash Equivalents

$192,216,000 (8.48%)

$177,197,000 (140.52%)

-$437,264,000 (-307.83%)

$210,394,000 (65.20%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$264,036,000 (31.47%)

-$385,278,000 (-9.81%)

-$350,868,000 (-319.69%)

-$83,602,000 (-40.83%)

Capital Expenditure

-$573,490,000 (-2.28%)

-$560,731,000 (-17.02%)

-$479,164,000 (-9.29%)

-$438,440,000 (-17.43%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

-$1,001,559,000 (-69.08%)

-$592,349,000 (28.64%)

-$830,140,000 (-77.97%)

-$466,462,000 (-757.45%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$1,635,000 (-529.13%)

$381,000 (137.84%)

-$1,007,000 (3.08%)

-$1,039,000 (-196.56%)

Share Based Compensation

$131,730,000 (6.22%)

$124,016,000 (26.51%)

$98,030,000 (-44.42%)

$176,392,000 (113.48%)

Depreciation Amortization & Accretion

$335,030,000 (4.90%)

$319,394,000 (11.35%)

$286,826,000 (12.63%)

$254,657,000 (6.76%)

CMG Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

26.70% (1.91%)

26.20% (9.62%)

23.90% (5.75%)

22.60% (29.89%)

Profit Margin

13.60% (9.68%)

12.40% (19.23%)

10.40% (19.54%)

8.70% (47.46%)

EBITDA Margin

20.70% (5.08%)

19.70% (15.88%)

17.00% (20.57%)

14.10% (58.43%)

Return on Average Equity (ROAE)

42.80% (-2.51%)

43.90% (9.75%)

40.00% (36.05%)

29.40% (48.48%)

Return on Average Assets (ROAA)

17.30% (7.45%)

16.10% (20.15%)

13.40% (32.67%)

10.10% (57.81%)

Return on Sales (ROS)

17.80% (8.54%)

16.40% (19.71%)

13.70% (26.85%)

10.80% (120.41%)

Return on Invested Capital (ROIC)

17.60% (8.64%)

16.20% (22.73%)

13.20% (33.33%)

9.90% (141.46%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

53.84 (4.97%)

51.29 (19.32%)

42.98 (-42.94%)

75.32 (-30.80%)

Price to Sales Ratio (P/S)

7.29 (14.24%)

6.38 (42.66%)

4.47 (-31.33%)

6.52 (0.74%)

Price to Book Ratio (P/B)

22.48 (9.66%)

20.5 (26.19%)

16.24 (-24.13%)

21.41 (11.47%)

Debt to Equity Ratio (D/E)

1.52 (-6.70%)

1.63 (-15.48%)

1.93 (1.53%)

1.9 (-3.36%)

Earnings Per Share (EPS)

1.12 (-97.49%)

44.59 (38.14%)

32.28 (39.08%)

23.21 (82.18%)

Sales Per Share (SPS)

8.27 (-97.69%)

358.25 (15.55%)

310.03 (15.57%)

268.27 (25.14%)

Free Cash Flow Per Share (FCFPS)

1.12 (-97.48%)

44.38 (46.43%)

30.3 (1.05%)

29.99 (188.19%)

Book Value Per Share (BVPS)

2.67 (-97.60%)

111.13 (30.70%)

85.03 (4.12%)

81.66 (12.85%)

Tangible Assets Book Value Per Share (TABVPS)

6.71 (-97.69%)

291.14 (17.42%)

247.95 (5.19%)

235.71 (10.39%)

Enterprise Value Over EBIT (EV/EBIT)

43 (4.88%)

41 (17.14%)

35 (-45.31%)

64 (-54.29%)

Enterprise Value Over EBITDA (EV/EBITDA)

36.64 (7.43%)

34.1 (19.81%)

28.46 (-41.49%)

48.65 (-37.15%)

Asset Turnover

1.27 (-1.47%)

1.29 (0.08%)

1.29 (10.15%)

1.17 (8.62%)

Current Ratio

1.52 (-3.18%)

1.57 (23.37%)

1.27 (-19.35%)

1.58 (-8.45%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$1,531,586,000 (25.26%)

$1,222,746,000 (44.87%)

$844,015,000 (0.04%)

$843,641,000 (190.41%)

Enterprise Value (EV)

$85,921,283,900 (29.88%)

$66,155,298,634 (58.29%)

$41,794,336,689 (-19.52%)

$51,928,282,540 (26.03%)

Earnings Before Tax (EBT)

$2,010,230,000 (24.05%)

$1,620,506,000 (37.15%)

$1,181,531,000 (45.37%)

$812,763,000 (176.66%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$2,345,260,000 (20.90%)

$1,939,900,000 (32.11%)

$1,468,357,000 (37.56%)

$1,067,420,000 (100.52%)

Invested Capital

$11,775,906,000 (12.61%)

$10,457,260,000 (12.37%)

$9,306,129,000 (10.37%)

$8,431,421,000 (10.07%)

Working Capital

$611,819,000 (3.68%)

$590,088,000 (132.36%)

$253,957,000 (-50.00%)

$507,882,000 (-15.08%)

Tangible Asset Value

$9,182,435,000 (14.46%)

$8,022,423,000 (16.17%)

$6,905,565,000 (4.14%)

$6,631,019,000 (11.24%)

Market Capitalization

$82,164,357,900 (30.91%)

$62,764,839,634 (63.18%)

$38,462,765,689 (-21.80%)

$49,187,723,540 (26.77%)

Average Equity

$3,585,648,250 (28.09%)

$2,799,273,000 (24.64%)

$2,245,890,750 (1.17%)

$2,219,992,750 (23.29%)

Average Assets

$8,886,782,000 (16.31%)

$7,640,415,500 (14.22%)

$6,689,383,500 (3.91%)

$6,437,509,500 (16.04%)

Invested Capital Average

$11,394,976,750 (13.86%)

$10,007,477,000 (11.51%)

$8,974,776,750 (9.24%)

$8,215,366,750 (14.10%)

Shares

1,362,593,000 (4864.87%)

27,444,660 (-1.00%)

27,721,112 (-1.47%)

28,135,406 (0.55%)