Revenue
3.29 billion USD
2026 Q3 · USD
Exact inputs and evidence
- Revenue: 3293162000 USD Source
Fundies. English
CHIPOTLE MEXICAN GRILL, INC.
EDGARAnnual consolidated revenue for 2025: about USD 11.93B, using the latest reported figures. The previous period, 2024, was about USD 11.31B.
Latest quarter
Operating margin
13.72%
2026 Q3 · %
Operating cash flow
590 million USD
2026 Q3 · USD
Free cash flow
347 million USD
2026 Q3 · USD
- Cash and cash equivalents
- 634 million USD Source
Exact value
634210000 USD
- Long-term debt including current maturities
- 0 USD Source
Exact value
0 USD
- Shares outstanding
- Not available
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-29.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 4 of 11 periods available· newest 2025-12-31
- Operating income: 4 of 11 periods available· newest 2025-12-31
- Net income: 4 of 11 periods available· newest 2025-12-31
- Operating cash flow: 4 of 11 periods available· newest 2025-12-31
- Capital expenditure: 4 of 11 periods available· newest 2025-12-31
- Total assets: 3 of 11 periods available· newest 2025-12-31
- Total liabilities: 3 of 11 periods available· newest 2025-12-31
- Current assets: 3 of 11 periods available· newest 2025-12-31
- Current liabilities: 3 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 2 of 11 periods available· newest 2025-12-31
- shares outstanding: No compatible figures in this window
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+5.4%Prior period
USD 11.31 billion
–
Current period
USD 11.93 billion
–
Exact inputs and evidence
11925601000 − 11313853000 = 611748000 USD
11313853000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source11925601000 USD · 2025-01-01 – 2025-12-31
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Net income
+0.1%Prior period
USD 1.53 billion
–
Current period
USD 1.54 billion
–
Exact inputs and evidence
1535761000 − 1534110000 = 1651000 USD
1534110000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source1535761000 USD · 2025-01-01 – 2025-12-31
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Operating cash flow
+0.4%Prior period
USD 2.11 billion
–
Current period
USD 2.11 billion
–
Exact inputs and evidence
2113926000 − 2105076000 = 8850000 USD
2105076000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source2113926000 USD · 2025-01-01 – 2025-12-31
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Capital expenditure
+12.3%Prior period
USD 593.6 million
–
Current period
USD 666.34 million
–
Exact inputs and evidence
666336000 − 593603000 = 72733000 USD
593603000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source666336000 USD · 2025-01-01 – 2025-12-31
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Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 11.93 billion 100% of revenue
- Operating costs Derived USD 9.99 billion 84% of revenue
- Operating income USD 1.94 billion 16% of revenue
- Tax, interest and other Derived USD 400.04 million 3.4% of revenue
- Net income USD 1.54 billion 13% of revenue
Cash
- Operating cash flow USD 2.11 billion 18% of revenue
- Capital expenditure USD 666.34 million 5.6% of revenue
- Free cash flow Derived USD 1.45 billion 12% of revenue
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2022 10%87%
- 2023 12%84%
- 2024 14%83%
- 2025 13%84%
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2022 2022-01-01 – 2022-12-31 | 8634652000 | 7474249000 Derived | 1160403000 | 261302000 Derived | 899101000 | 844015000 Derived | Source
|
| 2023 2023-01-01 – 2023-12-31 | 9871649000 | 8313836000 Derived | 1557813000 | 329076000 Derived | 1228737000 | 1222746000 Derived | Source
|
| 2024 2024-01-01 – 2024-12-31 | 11313853000 | 9397520000 Derived | 1916333000 | 382223000 Derived | 1534110000 | 1511473000 Derived | Source
|
| 2025 2025-01-01 – 2025-12-31 | 11925601000 | 9989803000 Derived | 1935798000 | 400037000 Derived | 1535761000 | 1447590000 Derived | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 11.9B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2022 | Revenue | 8634652000 |
|
| 2023 | Revenue | 9871649000 |
|
| 2024 | Revenue | 11313853000 |
|
| 2025 | Revenue | 11925601000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
5.4% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022 | Year over year | No prior comparable period |
|
| 2023 | Year over year | 14.3% |
|
| 2024 | Year over year | 14.6% |
|
| 2025 | Year over year | 5.4% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin 16.2% 2025
Net margin 12.9% 2025
Free cash flow margin 12.1% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022 | Operating margin | 13.4% |
|
| 2023 | Operating margin | 15.8% |
|
| 2024 | Operating margin | 16.9% |
|
| 2025 | Operating margin | 16.2% |
|
| 2022 | Net margin | 10.4% |
|
| 2023 | Net margin | 12.4% |
|
| 2024 | Net margin | 13.6% |
|
| 2025 | Net margin | 12.9% |
|
| 2022 | Free cash flow margin | 9.8% |
|
| 2023 | Free cash flow margin | 12.4% |
|
| 2024 | Free cash flow margin | 13.4% |
|
| 2025 | Free cash flow margin | 12.1% |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 2.1B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2022 | Operating cash flow | 1323179000 |
|
| 2023 | Operating cash flow | 1783477000 |
|
| 2024 | Operating cash flow | 2105076000 |
|
| 2025 | Operating cash flow | 2113926000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
USD 1.4B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2022 | Free cash flow | 844015000 |
|
| 2023 | Free cash flow | 1222746000 |
|
| 2024 | Free cash flow | 1511473000 |
|
| 2025 | Free cash flow | 1447590000 |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
68.5% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022-12-31 | Liabilities / assets | Not reported | No source recorded |
| 2023 | Liabilities / assets | 61.9% |
|
| 2024 | Liabilities / assets | 60.3% |
|
| 2025 | Liabilities / assets | 68.5% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
1.23× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2022-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2023 | Current assets / current liabilities | 1.57× |
|
| 2024 | Current assets / current liabilities | 1.52× |
|
| 2025 | Current assets / current liabilities | 1.23× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2022 2022-01-01 – 2022-12-31 | USD 899.1 million Exact valueExact value: 899101000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.32 billion Exact valueExact value: 1323179000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 479.16 million Exact valueExact value: 479164000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 844.02 million Calculation and evidence1323179000 − 479164000 USD Exact free cash flow: 844015000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2023 2023-01-01 – 2023-12-31 | USD 1.23 billion Exact valueExact value: 1228737000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.78 billion Exact valueExact value: 1783477000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 560.73 million Exact valueExact value: 560731000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.22 billion Calculation and evidence1783477000 − 560731000 USD Exact free cash flow: 1222746000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2024 2024-01-01 – 2024-12-31 | USD 1.53 billion Exact valueExact value: 1534110000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.11 billion Exact valueExact value: 2105076000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 593.6 million Exact valueExact value: 593603000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.51 billion Calculation and evidence2105076000 − 593603000 USD Exact free cash flow: 1511473000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2025 2025-01-01 – 2025-12-31 | USD 1.54 billion Exact valueExact value: 1535761000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 2.11 billion Exact valueExact value: 2113926000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 666.34 million Exact valueExact value: 666336000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.45 billion Calculation and evidence2113926000 − 666336000 USD Exact free cash flow: 1447590000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
102 filings · 6,394 latest values · 6,394 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001058090, 1058090, CMG, cmg, edgar:1058090
Also known as CHIPOTLE MEXICAN GRILL INC, CHIPOTLE MEXICAN GRILL, INC., CHIPOTLE MEXICAN GRILL, INC., CHIPOTLE MEXICAN GRILL INC