CMG · XBRL financial data

Chipotle Mexican Grill financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CMG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	5,985	7,547	8,635	9,872	11,314	11,926
General and administrative	466	607	564	634	697	652
Operating income (loss)	290	805	1,160	1,558	1,916	1,936
Other income (expense)	4	8	21	63	94	74
Income tax expense (benefit)	62	160	282	392	476	474
Net income (loss)	356	653	899	1,229	1,534	1,536
Earnings per share, basic‡ USD per share	0.25	0.46	0.65	0.89	1.12	1.15
Earnings per share, diluted‡ USD per share	0.25	0.46	0.64	0.89	1.11	1.14
Weighted average shares, basic‡ millions of shares	1,396	1,407	1,393	1,378	1,368	1,337
Weighted average shares, diluted‡ millions of shares	1,421	1,426	1,403	1,386	1,377	1,343

‡ Per-share figures and share counts are adjusted for the 50-for-1 stock split (June 2024); filings made before it reported them unadjusted.

Fiscal years (CMG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	608	815	384	561	749	351
Marketable securities	344	261	515	735	674	699
Marketable securities, non-current	102	258	355	—	—	—
Accounts receivable	105	100	107	116	144	156
Inventory	26	33	36	39	49	50
Prepaid and other current assets	55	79	86	117	98	120
Total current assets	1,420	1,382	1,176	1,621	1,781	1,467
Property and equipment, net	1,584	1,769	1,951	2,170	2,390	2,679
Right-of-use asset	2,767	3,118	3,302	3,579	4,000	4,463
Goodwill	22	22	22	22	22	22
Total assets	5,983	6,653	6,928	8,044	9,204	8,995
Accounts payable	122	163	185	198	211	213
Accrued liabilities	165	173	148	148	180	182
Total current liabilities	822	874	922	1,031	1,169	1,188
Lease liability, non-current	2,952	3,302	3,495	3,804	4,263	4,773
Total liabilities	3,963	4,356	4,559	4,982	5,549	6,164
Retained earnings	3,276	3,929	4,828	6,057	1,574	620
Total stockholders' equity	2,020	2,297	2,368	3,062	3,656	2,831
Total liabilities and equity	5,983	6,653	6,928	8,044	9,204	8,995
Common shares outstanding (cover page)‡ millions of shares	1,407	1,402	1,381	1,371	1,355	1,302

‡ Per-share figures and share counts are adjusted for the 50-for-1 stock split (June 2024); filings made before it reported them unadjusted.

Fiscal years (CMG's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	356	653	899	1,229	1,534	1,536
Stock-based compensation	83	176	98	124	132	120
Depreciation and amortization	239	255	287	319	335	361
Net cash from operating activities	664	1,282	1,323	1,783	2,105	2,114
Purchases of property and equipment	373	442	479	561	594	666
Net cash from investing activities	(433)	(522)	(830)	(946)	(838)	(35)
Share repurchases	54	466	830	592	1,002	2,426
Net cash from financing activities	(105)	(549)	(929)	(661)	(1,074)	(2,471)
Net change in cash	127	210	(437)	177	192	(392)

SIC 5812 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 5812 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Chipotle Mexican Grill	634	3,293	590*	1.3B	Q3 FY26 10-QSep 30, 2026
Restaurant Brands International Limited Partnership	974	2,525	551*	not reported	Q3 FY26 10-QSep 30, 2026
Yum Brands	674	2,169	507*	272.9M	Q2 FY26 10-QJun 30, 2026
Starbucks	3,450	9,323	1,642*	1.1B	Q3 FY26 10-QJun 28, 2026
Restaurant Brands International	974	2,525	551*	not reported	Q3 FY26 10-QSep 30, 2026
Darden Restaurants	221	3,200	279	113.1M	Q1 FY27 10-QAug 30, 2026
McDonald's	822	7,099	2,807	707.6M	Q2 FY26 10-QJun 30, 2026
Yum China Holdings	535	3,477	505*	336.9M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.