Cash flow Chipotle Mexican Grill, Inc.

Equities

CMG

US1696561059

Restaurants & Bars

Market Closed - Nyse Other stock markets 04:00:02 2025-06-16 pm EDT			5-day change	1st Jan Change
52.54 ^USD	+4.58%		+0.08%	-12.87%

Jun. 13	Declaration of Voting Results by Chipotle Mexican Grill	CI
Jun. 11	Chipotle Mexican Grill, Inc. to Help Fans Become Tatted Like A Chipotle Bag with New Temporary Flash Tattoos and Bogo Offer on June 13	CI

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Published financial data: CHIPOTLE MEXICAN GRILL, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	5.98B	7.55B	8.63B	9.87B	11.31B
Total Revenues	5.98B	7.55B	8.63B	9.87B	11.31B
Cost of Goods Sold, Total	3.91B	4.64B	5.26B	5.86B	6.73B
Gross Profit	2.07B	2.9B	3.37B	4.01B	4.59B
Selling General & Admin Expenses, Total	618M	824M	815M	898M	974M
Pre-Opening Costs	15.52M	21.26M	29.56M	36.93M	41.9M
Depreciation & Amortization - (IS)	239M	255M	287M	319M	335M
Other Operating Expenses	871M	975M	1.06B	1.16B	1.28B
Other Operating Expenses, Total	1.74B	2.07B	2.19B	2.42B	2.63B
Operating Income	327M	830M	1.18B	1.6B	1.95B
Interest Expense, Total	-554K	-180K	-384K	-1.54M	-1.44M
Interest And Investment Income	4.17M	2.03M	15.54M	64.23M	95.34M
Net Interest Expenses	3.62M	1.85M	15.16M	62.69M	93.9M
EBT, Excl. Unusual Items	331M	831M	1.2B	1.66B	2.05B
Restructuring Charges	-	-	-	-	6.5M
Gain (Loss) On Sale Of Investments	-	5.97M	5.97M	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-30.58M	-19.29M	-21.14M	-38.37M	-26.95M
Legal Settlements	-	-	-	-	-16.6M
Other Unusual Items	-6.4M	-5.41M	-	-	-
EBT, Incl. Unusual Items	294M	813M	1.18B	1.62B	2.01B
Income Tax Expense	-61.98M	160M	282M	392M	476M
Earnings From Continuing Operations	356M	653M	899M	1.23B	1.53B
Net Income to Company	356M	653M	899M	1.23B	1.53B
Net Income - (IS)	356M	653M	899M	1.23B	1.53B
Net Income to Common Incl Extra Items	356M	653M	899M	1.23B	1.53B
Net Income to Common Excl. Extra Items	356M	653M	899M	1.23B	1.53B
Per Share Items
Net EPS - Basic	0.25	0.46	0.65	0.89	1.12
Basic EPS - Continuing Operations	0.25	0.46	0.65	0.89	1.12
Basic Weighted Average Shares Outstanding	1.4B	1.41B	1.39B	1.38B	1.37B
Net EPS - Diluted	0.25	0.46	0.64	0.89	1.11
Diluted EPS - Continuing Operations	0.25	0.46	0.64	0.89	1.11
Diluted Weighted Average Shares Outstanding	1.42B	1.43B	1.4B	1.39B	1.38B
Normalized Basic EPS	0.15	0.37	0.54	0.75	0.94
Normalized Diluted EPS	0.15	0.36	0.53	0.75	0.93
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	566M	1.08B	1.47B	1.92B	2.29B
EBITA	327M	830M	1.18B	1.6B	1.95B
EBIT	327M	830M	1.18B	1.6B	1.95B
EBITDAR	934M	1.54B	1.96B	2.46B	2.89B
Total Revenues (As Reported)	5.98B	7.55B	8.63B	9.87B	11.31B
Effective Tax Rate - (Ratio)	-21.1	19.66	23.9	24.18	23.68
Current Domestic Taxes	-171M	172M	325M	400M	517M
Current Foreign Taxes	1.04M	338K	374K	1.16M	1.64M
Total Current Taxes	-170M	172M	326M	401M	519M
Total Deferred Taxes	108M	-12.36M	-43.2M	-9.5M	-42.94M
Normalized Net Income	207M	520M	748M	1.04B	1.28B
Supplemental Operating Expense Items
Marketing Expenses	159M	222M	251M	264M	286M
Selling and Marketing Expenses	159M	222M	251M	264M	286M
General and Administrative Expenses	460M	601M	564M	634M	687M
Net Rental Expense, Total	368M	452M	495M	544M	605M
Imputed Operating Lease Interest Expense	542K	192K	416K	1.72M	1.62M
Imputed Operating Lease Depreciation	368M	452M	495M	542M	603M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	5.3M
Stock-Based Comp., Other (Total)	82.63M	176M	98.03M	124M	126M
Total Stock-Based Compensation	82.63M	176M	98.03M	124M	132M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	608M	815M	384M	561M	749M
Short Term Investments	344M	261M	515M	735M	674M
Total Cash And Short Term Investments	952M	1.08B	899M	1.3B	1.42B
Accounts Receivable, Total	104M	99.6M	107M	116M	144M
Other Receivables	283M	94.06M	47.74M	52.96M	67.23M
Total Receivables	387M	194M	155M	168M	211M
Inventory	26.44M	32.83M	35.67M	39.31M	48.94M
Prepaid Expenses	54.91M	78.76M	86.41M	97.67M	80.25M
Other Current Assets, Total	-	-	-	19.79M	17.28M
Total Current Assets	1.42B	1.38B	1.18B	1.62B	1.78B
Gross Property Plant And Equipment	5.73B	6.42B	6.99B	7.73B	8.64B
Accumulated Depreciation	-1.38B	-1.54B	-1.73B	-1.98B	-2.25B
Net Property Plant And Equipment	4.35B	4.89B	5.25B	5.75B	6.39B
Long-term Investments	112M	284M	400M	573M	886M
Goodwill	21.94M	21.94M	21.94M	21.94M	21.94M
Other Long-Term Assets, Total	77.37M	78.32M	76.43M	79.74M	125M
Total Assets	5.98B	6.65B	6.93B	8.04B	9.2B
Liabilities
Accounts Payable, Total	122M	163M	185M	198M	211M
Accrued Expenses, Total	316M	287M	303M	375M	442M
Current Portion of Leases	205M	219M	236M	248M	278M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	128M	156M	183M	210M	239M
Other Current Liabilities	51.21M	48.1M	15.23M	-	-
Total Current Liabilities	822M	874M	922M	1.03B	1.17B
Long-Term Leases	2.95B	3.3B	3.5B	3.8B	4.26B
Pension & Other Post Retirement Benefits	15.3M	19.33M	21.14M	27.18M	-
Deferred Tax Liability Non Current	149M	142M	98.62M	89.11M	46.21M
Other Non Current Liabilities	23.55M	19.21M	22.68M	31.69M	71.07M
Total Liabilities	3.96B	4.36B	4.56B	4.98B	5.55B
Common Stock, Total	367K	371K	373K	375K	13.59M
Additional Paid In Capital	1.55B	1.73B	1.83B	1.96B	2.08B
Retained Earnings	3.28B	3.93B	4.83B	6.06B	1.57B
Treasury Stock	-2.8B	-3.36B	-4.28B	-4.94B	-
Comprehensive Income and Other	-4.23M	-5.35M	-7.89M	-6.66M	-10.28M
Total Common Equity	2.02B	2.3B	2.37B	3.06B	3.66B
Total Equity	2.02B	2.3B	2.37B	3.06B	3.66B
Total Liabilities And Equity	5.98B	6.65B	6.93B	8.04B	9.2B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.41B	1.4B	1.38B	1.37B	1.36B
ECS Total Common Shares Outstanding	1.4B	1.4B	1.38B	1.37B	1.36B
Book Value / Share	1.44	1.64	1.71	2.23	2.69
Tangible Book Value	2B	2.28B	2.35B	3.04B	3.63B
Tangible Book Value Per Share	1.43	1.62	1.7	2.22	2.67
Total Debt	3.16B	3.52B	3.73B	4.05B	4.54B
Net Debt	2.21B	2.44B	2.83B	2.76B	3.12B
Debt Equivalent Oper. Leases	2.95B	3.61B	3.96B	4.35B	4.84B
Equity Method Investments, Total	9.53M	9.25M	11.7M	8.9M	18.1M
Account Code - Inventory Valuation	5	5	5	5	5
Land - (BS)	12.94M	12.94M	12.94M	12.94M	12.94M
Machinery, Total	953M	1.09B	1.23B	1.38B	1.52B
Full Time Employees	88K	97.66K	105K	116K	131K
Accumulated Allowance for Doubtful Accounts (Supple)	1.59M	-	-	-	2.95M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	356M	653M	899M	1.23B	1.53B
Depreciation & Amortization - CF	423M	255M	287M	319M	335M
Depreciation & Amortization, Total	423M	255M	287M	319M	335M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	28.87M	17.09M	20.74M	37.02M	24.58M
Stock-Based Compensation (CF)	82.63M	176M	98.03M	124M	132M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	164K	493K	-760K	1.57M	215K
Other Operating Activities, Total	112M	-16.96M	-59.4M	-22.58M	-46.41M
Change In Accounts Receivable	3.01M	-1.69M	-14.03M	-11.22M	-29.27M
Change In Inventories	-394K	-6.39M	-3.01M	-3.65M	-9.8M
Change In Accounts Payable	-3.86M	21.44M	18.21M	5.31M	8.47M
Change in Unearned Revenues	36.96M	34.39M	33.37M	35.68M	46.14M
Change In Income Taxes	-255M	193M	46.26M	-5.24M	-14.36M
Change in Other Net Operating Assets	-119M	-43.7M	-2.17M	74.42M	125M
Cash from Operations	664M	1.28B	1.32B	1.78B	2.11B
Capital Expenditure	-373M	-442M	-479M	-561M	-594M
Sale of Property, Plant, and Equipment	-	4.04M	-	-	20.11M
Investment in Marketable and Equity Securities, Total	-59.36M	-83.6M	-351M	-385M	-264M
Cash from Investing	-433M	-522M	-830M	-946M	-838M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-103M	-546M	-929M	-661M	-1.08B
Other Financing Activities, Total	-1.9M	-2.27M	-294K	843K	2.09M
Cash from Financing	-105M	-549M	-929M	-661M	-1.07B
Foreign Exchange Rate Adjustments	1.08M	-1.04M	-1.01M	381K	-1.64M
Net Change in Cash	127M	210M	-437M	177M	192M
Supplemental Items
Cash Income Tax Paid (Refund)	85.01M	-17.83M	276M	400M	533M
Levered Free Cash Flow	183M	708M	703M	928M	1.17B
Unlevered Free Cash Flow	184M	708M	703M	929M	1.17B
Change In Net Working Capital	153M	-201M	-59.21M	-48.35M	-75.98M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.69	8.21	10.88	13.33	14.16
Return on Total Capital	4.21	9.43	12.39	15.1	15.95
Return On Equity %	19.21	30.25	38.54	45.26	45.67
Return on Common Equity	19.21	30.25	38.54	45.26	45.67
Margin Analysis
Gross Profit Margin %	34.61	38.48	39.08	40.67	40.54
SG&A Margin	10.33	10.92	9.44	9.1	8.61
EBITDA Margin %	9.45	14.37	17.01	19.4	20.23
EBITA Margin %	5.47	10.99	13.68	16.17	17.27
EBIT Margin %	5.47	10.99	13.68	16.17	17.27
Income From Continuing Operations Margin %	5.94	8.65	10.41	12.45	13.56
Net Income Margin %	5.94	8.65	10.41	12.45	13.56
Net Avail. For Common Margin %	5.94	8.65	10.41	12.45	13.56
Normalized Net Income Margin	3.45	6.89	8.66	10.5	11.31
Levered Free Cash Flow Margin	3.06	9.38	8.14	9.4	10.33
Unlevered Free Cash Flow Margin	3.07	9.38	8.15	9.41	10.34
Asset Turnover
Asset Turnover	1.08	1.19	1.27	1.32	1.31
Fixed Assets Turnover	1.44	1.63	1.7	1.79	1.86
Receivables Turnover (Average Receivables)	64.68	73.95	83.64	88.77	87.2
Inventory Turnover (Average Inventory)	148.97	156.67	153.61	156.23	152.47
Short Term Liquidity
Current Ratio	1.73	1.58	1.28	1.57	1.52
Quick Ratio	1.63	1.45	1.14	1.42	1.4
Operating Cash Flow to Current Liabilities	0.81	1.47	1.44	1.73	1.8
Days Sales Outstanding (Average Receivables)	5.66	4.94	4.36	4.11	4.2
Days Outstanding Inventory (Average Inventory)	2.46	2.33	2.38	2.34	2.4
Average Days Payable Outstanding	11.12	11.19	12.06	11.9	11.09
Cash Conversion Cycle (Average Days)	-3	-3.93	-5.32	-5.45	-4.49
Long Term Solvency
Total Debt/Equity	156.28	153.23	157.57	132.31	124.21
Total Debt / Total Capital	60.98	60.51	61.18	56.95	55.4
LT Debt/Equity	146.14	143.71	147.6	124.21	116.61
Long-Term Debt / Total Capital	57.02	56.75	57.3	53.47	52.01
Total Liabilities / Total Assets	66.23	65.47	65.82	61.93	60.28
EBIT / Interest Expense	590.51	4.61K	3.08K	1.04K	1.36K
EBITDA / Interest Expense	1.69K	8.53K	5.11K	1.6K	2.01K
(EBITDA - Capex) / Interest Expense	1.01K	6.08K	3.86K	1.23K	1.6K
Total Debt / EBITDA	3.38	2.29	1.9	1.65	1.57
Net Debt / EBITDA	2.36	1.59	1.44	1.12	1.08
Total Debt / (EBITDA - Capex)	5.63	3.22	2.51	2.13	1.97
Net Debt / (EBITDA - Capex)	3.93	2.23	1.91	1.45	1.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.13	26.11	14.41	14.33	14.61
Gross Profit, 1 Yr. Growth %	8.81	40.22	16.18	18.99	14.23
EBITDA, 1 Yr. Growth %	-18.29	91.68	36.1	30.46	19.46
EBITA, 1 Yr. Growth %	-31.78	153.61	43.35	35.09	22.38
EBIT, 1 Yr. Growth %	-31.78	153.61	43.35	35.09	22.38
Earnings From Cont. Operations, 1 Yr. Growth %	1.6	83.54	37.69	36.66	24.85
Net Income, 1 Yr. Growth %	1.6	83.54	37.69	36.66	24.85
Normalized Net Income, 1 Yr. Growth %	-33.02	151.39	43.82	39.14	23.41
Diluted EPS Before Extra, 1 Yr. Growth %	1.13	82.91	39.91	38.39	24.72
Accounts Receivable, 1 Yr. Growth %	29.74	-4.69	7.31	8.1	24.61
Inventory, 1 Yr. Growth %	1.34	24.13	8.66	10.21	24.51
Net Property, Plant and Equip., 1 Yr. Growth %	9.77	12.32	7.49	9.42	11.16
Total Assets, 1 Yr. Growth %	17.21	11.2	4.13	16.12	14.42
Tangible Book Value, 1 Yr. Growth %	20.29	13.87	3.1	29.59	19.52
Common Equity, 1 Yr. Growth %	20.03	13.72	3.08	29.31	19.38
Cash From Operations, 1 Yr. Growth %	-8.01	93.13	3.21	34.79	18.03
Capital Expenditures, 1 Yr. Growth %	11.81	18.51	8.29	17.02	5.86
Levered Free Cash Flow, 1 Yr. Growth %	-56.66	-54.61K	-0.2	31.94	26.02
Unlevered Free Cash Flow, 1 Yr. Growth %	-56.7	-74.43K	-0.18	32.03	25.99
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.91	16.23	20.12	14.37	14.47
Gross Profit, 2 Yr. CAGR %	14.09	23.52	27.64	17.58	16.59
EBITDA, 2 Yr. CAGR %	1.04	25.15	62.03	33.25	24.84
EBITA, 2 Yr. CAGR %	-3.6	31.54	91.93	39.16	28.58
EBIT, 2 Yr. CAGR %	-3.6	31.54	91.93	39.16	28.58
Earnings From Cont. Operations, 2 Yr. CAGR %	41.95	36.56	58.97	37.18	30.62
Net Income, 2 Yr. CAGR %	41.95	36.56	58.97	37.18	30.62
Normalized Net Income, 2 Yr. CAGR %	-4.43	29.76	92.08	41.2	30.47
Diluted EPS Before Extra, 2 Yr. CAGR %	40.86	36.01	59.97	39.15	31.7
Accounts Receivable, 2 Yr. CAGR %	29.5	11.2	1.13	7.7	16.06
Inventory, 2 Yr. CAGR %	10.76	12.16	16.14	9.43	17.14
Net Property, Plant and Equip., 2 Yr. CAGR %	77.62	11.04	9.88	8.45	10.29
Total Assets, 2 Yr. CAGR %	62.51	14.16	7.6	9.96	15.27
Tangible Book Value, 2 Yr. CAGR %	18.65	17.04	8.36	15.59	24.45
Common Equity, 2 Yr. CAGR %	18.39	16.83	8.27	15.45	24.25
Cash From Operations, 2 Yr. CAGR %	3.35	33.29	41.18	17.94	26.13
Capital Expenditures, 2 Yr. CAGR %	13.98	15.11	13.29	12.57	11.3
Levered Free Cash Flow, 2 Yr. CAGR %	-23.38	65.38	1.05K	14.75	28.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	-23.35	65.02	1.09K	14.8	28.97
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.16	15.76	15.62	18.15	14.45
Gross Profit, 3 Yr. CAGR %	13.73	22.21	21.03	24.69	16.45
EBITDA, 3 Yr. CAGR %	8.13	25.08	28.48	50.74	28.48
EBITA, 3 Yr. CAGR %	4.81	33.07	35.07	70.73	33.33
EBIT, 3 Yr. CAGR %	4.81	33.07	35.07	70.73	33.33
Earnings From Cont. Operations, 3 Yr. CAGR %	26.38	54.65	36.94	51.16	32.94
Net Income, 3 Yr. CAGR %	26.38	54.65	36.94	51.16	32.94
Normalized Net Income, 3 Yr. CAGR %	4.59	31.93	34.32	72.29	35
Diluted EPS Before Extra, 3 Yr. CAGR %	26.6	53.67	37.3	52.43	34.32
Accounts Receivable, 3 Yr. CAGR %	37.21	16.92	9.89	3.4	13.07
Inventory, 3 Yr. CAGR %	10.02	15.05	10.98	14.13	14.24
Net Property, Plant and Equip., 3 Yr. CAGR %	48.15	52.46	9.84	9.73	9.35
Total Assets, 3 Yr. CAGR %	43.01	43.2	10.71	10.37	11.43
Tangible Book Value, 3 Yr. CAGR %	14.18	17.04	12.2	15.02	16.88
Common Equity, 3 Yr. CAGR %	13.97	16.81	12.06	14.87	16.75
Cash From Operations, 3 Yr. CAGR %	12.34	27.3	22.4	39.02	17.97
Capital Expenditures, 3 Yr. CAGR %	19.87	15.47	12.79	14.52	10.29
Levered Free Cash Flow, 3 Yr. CAGR %	-5.27	31.38	39.53	459.45	18.39
Unlevered Free Cash Flow, 3 Yr. CAGR %	-5.22	31.34	39.34	472.39	18.42
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.86	14.09	14.04	15.2	15.16
Gross Profit, 5 Yr. CAGR %	4.16	20.56	19.1	20.34	19.23
EBITDA, 5 Yr. CAGR %	-9.01	39.56	26.83	28.16	27.01
EBITA, 5 Yr. CAGR %	-15.88	69.99	32.98	35.3	32.43
EBIT, 5 Yr. CAGR %	-15.88	69.99	32.98	35.3	32.43
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.64	95.38	38.53	47.41	34.38
Net Income, 5 Yr. CAGR %	-5.64	95.38	38.53	47.41	34.38
Normalized Net Income, 5 Yr. CAGR %	-15.84	68.03	32.86	35.58	32.9
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.68	97.09	39.02	47.69	34.99
Accounts Receivable, 5 Yr. CAGR %	22.24	19.75	21.45	13.14	12.32
Inventory, 5 Yr. CAGR %	11.94	16.93	12.42	12.77	13.4
Net Property, Plant and Equip., 5 Yr. CAGR %	29.02	30.25	31.45	33.04	10.02
Total Assets, 5 Yr. CAGR %	17.03	26.84	27.63	28.84	12.51
Tangible Book Value, 5 Yr. CAGR %	-1.05	10.51	11.81	16.46	16.95
Common Equity, 5 Yr. CAGR %	-1.03	10.37	11.66	16.27	16.78
Cash From Operations, 5 Yr. CAGR %	-0.58	29.27	23.09	23.47	23.88
Capital Expenditures, 5 Yr. CAGR %	7.72	11.32	17.19	14.3	12.19
Levered Free Cash Flow, 5 Yr. CAGR %	-14.48	80.59	26.67	24.34	35.2
Unlevered Free Cash Flow, 5 Yr. CAGR %	-14.45	80.6	26.68	24.34	35.1