Income StatementBalance SheetCash FlowSegments
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Chipotle Mexican Grill Income Statement

Revenue, expenses, and profitability over time

Chipotle Mexican Grill generated $11.9B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $1.5B with a 12.88% net margin. Diluted EPS is $1.14, which grew 0.0% year-over-year. Based on the Q4 2025 filing.

Total Revenue (TTM)$11.9BOperating Income (TTM)$1.9BNet Income (TTM)$1.5BEps Diluted (TTM)$1.14
Latest FilingQ4 2025
Report Date2026-02-04
Market Cap$41.2B
P/E Ratio26.82
ROE47.36%

Operating Expenses

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Stock-Based Compensation Expense$4.7M$45.8M$37.6M$37.5M$18.8M$25.6M
Share-Based Compensation Expense$4.7M$45.8M$37.6M$37.5M$18.8M$25.6M
Depreciation and amortization$84.3M$83.9M$87.2M$90.9M$90.5M$92.7M
Stock-based compensation expense$4.7M$45.8M$37.6M$37.5M$18.8M$25.6M
Share-Based Compensation$4.7M$45.8M$37.6M$37.5M$18.8M$25.6M

Other Income & Expense

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Other Non-Cash Income (Expense)$2.1M$5.9M-$914.0K-$6.7M$51.0K$22.2M
Other non-cash income (expense)$2.1M$5.9M-$914.0K-$6.7M$51.0K$22.2M
Change in Accounts Payable$14.5M—$13.2M-$848.0K$16.9M-$36.8M
Other Non-Cash Income (Expense)$2.1M$5.9M-$914.0K-$6.7M$51.0K$22.2M
Other Non-cash Income (Expense)$2.1M$5.9M-$914.0K-$6.7M$51.0K$22.2M
Other Non-Cash Income (Expense)$2.1M$5.9M-$914.0K-$6.7M$51.0K$22.2M

Other

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Capital Expenditures$147.5M$172.9M$144.8M$160.6M$163.5M$197.5M
Change in Accounts Receivable-$3.7M$51.3M-$43.2M$3.3M-$10.0M$61.4M
Change in Deferred Revenue-$485.0K$68.9M-$31.0M$5.4M$2.0M$64.2M
Change in Other Liabilities-$1.9M$3.1M$1.0M$1.0M$666.0K-$6.9M
Tax Withholding for Share-Based Payments$338.0K$880.0K$32.9M$417.0K$15.2M$900.0K
Income Taxes Paid, Net$131.1M$124.3M$8.8M$270.6M$39.7M$104.5M
Capital investments accrued but not yet paid$2.5M$3.8M$76.4M-$804.0K$25.9M—
Deferred taxes-$3.8M-$33.3M-$7.3M-$2.6M$104.2M—
Income Taxes Paid, Net$131.1M$124.3M$8.8M$270.6M$39.7M$104.5M
Accounts payable$14.5M—$13.2M-$848.0K$16.9M-$36.8M
Increase (Decrease) in Accounts Receivable-$3.7M$51.3M-$43.2M$3.3M-$10.0M$61.4M
Accrued liabilities$6.4M$3.8M-$183.0K$2.3M$8.2M-$20.8M
Increase (decrease) in contract liabilities and current deferred income-$485.0K$68.9M-$31.0M$5.4M$2.0M$64.2M
Accrued compensation and employee benefits-$38.3M$77.6M-$107.0M$82.3M-$44.2M—
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable-$10.5M—$113.4M-$126.8M-$29.0M—
Increase (Decrease) in Inventories$14.3M$0.0-$7.5M-$958.0K$6.1M$3.1M
Short- and long-term operating lease liabilities-$54.4M-$62.1M-$55.7M-$57.8M-$66.0M-$78.7M
Increase (Decrease) in Other Operating Assets$19.8M$0.0-$61.0K$423.0K$4.1M$668.0K
Other liabilities-$1.9M$3.1M$1.0M$1.0M$666.0K-$6.9M
Increase (Decrease) in Prepaid Expense and Other Assets-$1.6M—$9.7M-$6.1M$5.9M$23.6M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$489.6M-$338.7M-$585.2M-$443.7M-$700.5M-$741.6M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$64.2M-$136.0M$6.1M$2.0M-$15.4M-$27.7M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$446.5M$526.8M$557.1M$561.3M$569.7M$425.8M
Other Noncash Income (Expense)$2.1M$5.9M-$914.0K-$6.7M$51.0K$22.2M
Payments for Repurchase of Common Stock$490.2M$339.0M$553.8M$443.3M$686.7M$741.8M
Payment, Tax Withholding, Share-Based Payment Arrangement$338.0K$880.0K$32.9M$417.0K$15.2M$900.0K
Payments to Acquire Property, Plant, and Equipment$147.5M$172.9M$144.8M$160.6M$163.5M$197.5M
Financing — other$1.0M$1.1M$1.5M$16.0K$1.4M$1.1M
Net additions (releases) charged to costs and expenses-$134.0K$504.0K-$1.3M$47.0K-$379.0K—
Stock-based compensation$4.7M$45.8M$37.6M$37.5M$18.8M$25.6M

Tax

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Cash Paid for Income Taxes$131.1M$124.3M$8.8M$270.6M$39.7M$104.5M
Income Taxes Paid, Net$131.1M$124.3M$8.8M$270.6M$39.7M$104.5M
Income Taxes Paid, Net$131.1M$124.3M$8.8M$270.6M$39.7M$104.5M
Income and Other Taxes$131.1M$124.3M$8.8M$270.6M$39.7M$104.5M

Net Income

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Net income$387.4M$331.8M$386.6M$436.1M$382.1M$330.9M