# Chipotle Mexican Grill, Inc. (CMG)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $41.71B  
**Price:** $31.07 (+2.12%)

> Chipotle Mexican Grill, Inc. is a restaurant company that operates and franchises a chain of fast-casual dining establishments specializing in customizable Mexican cuisine. The company serves customers through a build-your-own-meal format, offering burritos, bowls, tacos, and salads with various protein, vegetable, and topping options. Chipotle operates in the casual dining segment, focusing on fresh ingredients and food quality. The company generates revenue through both company-operated restaurants and franchise locations, serving individual consumers seeking quick-service dining experiences. Chipotle maintains a significant presence across North America and continues to expand its market reach. Founded in 1993 and headquartered in Newport Beach, California, the company operates as a publicly traded restaurant business in the consumer services sector.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $11.93B | — | $1.94B | $1.54B | — |
| 2024 | $11.31B | — | $1.92B | $1.53B | — |
| 2023 | $9.87B | — | $1.56B | $1.23B | — |
| 2022 | $8.63B | — | $1.16B | $899M | — |
| 2021 | $7.55B | — | $805M | $653M | — |
| 2020 | $5.98B | — | $290M | $356M | — |
| 2019 | $5.59B | — | $444M | $350M | — |
| 2018 | $4.86B | — | $258M | $177M | — |
| 2017 | $4.48B | — | $271M | $176M | — |
| 2016 | $3.90B | — | $35M | $23M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8.99B | $6.16B | $2.83B | $351M | — |
| 2024 | $9.20B | $5.55B | $3.66B | $749M | — |
| 2023 | $8.04B | $4.98B | $3.06B | $561M | — |
| 2022 | $6.93B | $4.56B | $2.37B | $384M | — |
| 2021 | $6.65B | $4.36B | $2.30B | $815M | — |
| 2020 | $5.98B | $3.96B | $2.02B | $608M | — |
| 2019 | $5.10B | $3.42B | $1.68B | $481M | — |
| 2018 | $2.27B | $824M | $1.44B | $250M | — |
| 2017 | $2.05B | $681M | $1.36B | $185M | — |
| 2016 | $2.03B | $624M | $1.40B | $88M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $2.11B | $666M | $1.45B |
| 2024 | $2.11B | $594M | $1.51B |
| 2023 | $1.78B | $561M | $1.22B |
| 2022 | $1.32B | $479M | $844M |
| 2021 | $1.28B | $442M | $840M |
| 2020 | $664M | $373M | $290M |
| 2019 | $722M | $334M | $388M |
| 2018 | $622M | $287M | $334M |
| 2017 | $468M | $217M | $251M |
| 2016 | $355M | $259M | $96M |
| 2013 | $529M | $200M | $329M |
| 2012 | $420M | $197M | $223M |
| 2011 | $411M | $151M | $260M |
| 2010 | $289M | $113M | $176M |
| 2009 | $261M | $117M | $143M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CMG)