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CMG · NYSE · United States · Retail-Eating Places
In shortCHIPOTLE MEXICAN GRILL INC is profitable, generates cash and holds more cash than debt, with revenue growing (+5.4% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.2% | 71/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 12.9% | 72/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 47.4% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 52.3% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.23× | 36/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.00× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.36 | 32/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 12.1% | 69/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.94× | 80/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 7.4% | 84/100 |
| Operating margin volatility | 2.6% | 86/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 11.4% | 80/100 |
|---|---|---|
| EPS growth, 3-year average | 21.2% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 7,547 | 8,635 | 9,872 | 11,314 | 11,926 |
| Operating income | 805 | 1,160 | 1,558 | 1,916 | 1,936 |
| Pre-tax income | 813 | 1,182 | 1,621 | 2,010 | 2,010 |
| Income tax | 160 | 282 | 392 | 476 | 474 |
| Net income | 653 | 899 | 1,229 | 1,534 | 1,536 |
| Diluted EPS | $22.90 | $0.64 | $0.89 | $1.11 | $1.14 |
| Diluted shares (millions) | 29 | 1,403 | 1,386 | 1,377 | 1,343 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.36 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 31, 2026