Chipotle Mexican Grill Inc. (CMG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
610 NEWPORT CENTER DR NEWPORT BEACH, CA 92660 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,490 | 1,420 | 1,295 | 1,454 | 1,356 | 1,063 | |||
| Cash and cash equivalents | 807 | 727 | 561 | 602 | 505 | 410 | |||
| Short-term investments | 683 | 692 | 735 | 852 | 851 | 653 | |||
| Receivables | 169 | 90 | 168 | 71 | 61 | 66 | |||
| Inventory, net of allowances, customer advances and progress billings | 36 | 38 | 39 | 40 | 36 | 35 | |||
| Inventory | 36 | 38 | 39 | 40 | 36 | 35 | |||
| Prepaid expense | 98 | ||||||||
| Other current assets | 20 | ||||||||
| Other undisclosed current assets | 92 | 98 | 104 | 103 | 98 | ||||
| Total current assets: | 1,786 | 1,646 | 1,621 | 1,669 | 1,556 | 1,261 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 3,771 | 3,671 | 3,579 | 3,556 | 3,434 | 3,334 | |||
| Property, plant and equipment | 2,266 | 2,203 | 2,170 | 2,093 | 2,022 | 1,981 | |||
| Long-term investments and receivables | 973 | 777 | 564 | 473 | 431 | 368 | |||
| Long-term investments | 973 | 777 | 564 | 473 | 431 | 368 | |||
| Intangible assets, net (including goodwill) | 22 | 22 | 22 | 22 | 22 | 22 | |||
| Goodwill | 22 | 22 | 22 | 22 | 22 | 22 | |||
| Restricted cash and investments | 28 | 26 | 26 | 25 | 25 | 25 | |||
| Other noncurrent assets | 75 | 67 | 63 | 73 | 63 | 61 | |||
| Total noncurrent assets: | 7,134 | 6,765 | 6,424 | 6,242 | 5,996 | 5,792 | |||
| TOTAL ASSETS: | 8,920 | 8,411 | 8,044 | 7,911 | 7,552 | 7,053 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 373 | 368 | 345 | 359 | 303 | 343 | |||
| Accounts payable | 203 | 197 | 198 | 208 | 162 | 183 | |||
| Accrued liabilities | 170 | 172 | 148 | 151 | 141 | 160 | |||
| Deferred revenue | 182 | 187 | 210 | 156 | 159 | 158 | |||
| Other undisclosed current liabilities | 488 | 442 | 476 | 573 | 520 | 393 | |||
| Total current liabilities: | 1,043 | 997 | 1,031 | 1,088 | 982 | 894 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 4,165 | 4,053 | 3,952 | 3,937 | 3,803 | 3,678 | |||
| Deferred income tax liabilities | 83 | 84 | 89 | 111 | 106 | 98 | |||
| Other liabilities | 67 | 65 | 59 | 53 | 53 | 47 | |||
| Operating lease, liability | 4,014 | 3,903 | 3,804 | 3,773 | 3,644 | 3,533 | |||
| Total noncurrent liabilities: | 4,165 | 4,053 | 3,952 | 3,937 | 3,803 | 3,678 | |||
| Total liabilities: | 5,208 | 5,050 | 4,982 | 5,025 | 4,786 | 4,572 | |||
| Equity | |||||||||
| Equity, attributable to parent | 3,712 | 3,361 | 3,062 | 2,886 | 2,767 | 2,482 | |||
| Common stock | 14 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (5,042) | (4,945) | (4,799) | (4,569) | (4,481) | ||||
| Additional paid in capital | 2,024 | 1,995 | 1,956 | 1,918 | 1,881 | 1,850 | |||
| Accumulated other comprehensive loss | (9) | (8) | (7) | (8) | (7) | (7) | |||
| Retained earnings | 1,683 | 6,416 | 6,057 | 5,775 | 5,462 | 5,120 | |||
| Total equity: | 3,712 | 3,361 | 3,062 | 2,886 | 2,767 | 2,482 | |||
| TOTAL LIABILITIES AND EQUITY: | 8,920 | 8,411 | 8,044 | 7,911 | 7,552 | 7,053 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,973 | 2,702 | 2,516 | 2,472 | 2,515 | 2,369 | ||
| Cost of revenue | (1,818) | (1,662) | (1,332) | (1,560) | (1,557) | (1,480) | ||
| Cost of goods and services sold | (1,590) | (1,439) | (1,376) | (1,350) | (1,350) | (1,276) | ||
| Gross profit: | 1,155 | 1,040 | 1,184 | 912 | 957 | 888 | ||
| Operating expenses | (569) | (599) | (821) | (517) | (525) | (521) | ||
| Operating income: | 586 | 441 | 363 | 395 | 432 | 368 | ||
| Nonoperating income (Other Nonoperating income) | 22 | 19 | 19 | 18 | 16 | 9 | ||
| Income from continuing operations before income taxes: | 608 | 461 | 382 | 413 | 448 | 377 | ||
| Income tax expense | (152) | (101) | (100) | (100) | (106) | (85) | ||
| Other undisclosed income from continuing operations | 392 | |||||||
| Net income: | 456 | 359 | 674 | 313 | 342 | 292 | ||
| Other undisclosed net loss attributable to parent | (392) | |||||||
| Net income available to common stockholders, diluted: | 456 | 359 | 282 | 313 | 342 | 292 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 456 | 359 | 674 | 313 | 342 | 292 | ||
| Comprehensive income: | 456 | 359 | 674 | 313 | 342 | 292 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1) | (1) | (390) | (1) | 0 | 0 | ||
| Comprehensive income, net of tax, attributable to parent: | 455 | 358 | 284 | 312 | 342 | 292 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.