Chipotle Mexican Grill, Inc. (CMG) Financial Statements

Chipotle Mexican Grill, Inc.

CMG · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$11.93B	$11.31B	$9.87B	$8.63B	$7.55B	$5.98B	$5.59B	$4.86B
Selling, General & Administrative	$652.02M	$697.48M	$633.58M	$564.19M	$606.85M	$466.29M	$451.55M	$375.46M
Operating Expenses	$9.99B	$9.40B	$8.31B	$7.47B	$6.74B	$5.69B	$5.14B	$4.61B
Operating Income	$1.94B	$1.92B	$1.56B	$1.16B	$804.94M	$290.16M	$443.96M	$258.37M
Other Income / (Expense)	$73.72M	$93.90M	$62.69M	$21.13M	$7.82M	$3.62M	$14.33M	$10.07M
Income Before Taxes	$2.01B	$2.01B	$1.62B	$1.18B	$812.76M	$293.78M	$458.29M	$268.44M
Provision for Income Taxes	$473.76M	$476.12M	$391.77M	$282.43M	$159.78M	-$61.98M	$108.13M	-$91.88M
Net Income	$1.54B	$1.53B	$1.23B	$899.00M	$653.00M	$355.77M	$350.16M	$176.55M
Basic EPS	$1.15	$1.12	$0.89	$0.65	$23.21	$12.74	$12.62	$6.35
Diluted EPS	$1.14	$1.11	$0.89	$0.64	$22.90	$12.52	$12.38	$6.31
Basic Shares Outstanding	1.34B	1.37B	1.38B	1.39B	28.13M	27.92M	27.74M	27.82M
Diluted Shares Outstanding	1.34B	1.38B	1.39B	1.40B	28.51M	28.42M	28.30M	27.96M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$1.10	$1.08	$1.20	15	↑1 ↓11
Dec 2027	$1.32	$1.22	$1.40	15	↑1 ↓11
Dec 2028	$1.52	$1.42	$1.61	5	↑0 ↓2
Dec 2029	$1.74	$1.74	$1.74	1	↑0 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: CMG
Type: Stock
Sector: Consumer Discretionary
Industry: Restaurants
Exchange: NYSE

Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. There are over 4,200 restaurants as of September 30, 2026, in the United States, Canada, the United Kingdom, France, Germany, Mexico, the Middle East, and South Korea. Chipotle is the only restaurant company of its size that owns and operates all its restaurants in the United States, Canada and Europe. With nearly 140,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices.

Key Issues

Bullish view

Chipotle responded by removing jalapeños from certain Minnesota restaurants, and the reported issue appears geographically concentrated. A prompt response could limit disruption to traffic and brand perception.

Bearish view

Reports linked a Salmonella outbreak to jalapeños used at multiple Chipotle locations in Minnesota, prompting a nearly 10% share-price decline. Food-safety concerns could weaken traffic and increase scrutiny beyond the affected restaurants.

Analyst Consensus

See all

Buy

30 analysts

$33

Current

—

Low

$40

Average

—

High

Average target implies +20.63% versus the current price.

Earnings History

BeatMissNo estimate

Chipotle Mexican Grill, Inc.

Analyst Estimates

Peers