Chipotle Mexican Grill, Inc. (CMG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.14B | 1.47B | 1.77B | 1.87B | 1.66B | 1.78B | 1.68B | 1.79B | 1.65B | 1.62B | 1.67B | 1.56B | 1.26B | 1.18B | 1.08B | 1.05B | 1.1B | 1.38B | 1.52B | 1.45B |
| Cash & Short-Term Investments | 871.42M | 1.05B | 1.42B | 1.55B | 1.41B | 1.42B | 1.37B | 1.49B | 1.42B | 1.3B | 1.45B | 1.36B | 1.06B | 899.14M | 783.9M | 761.62M | 856.24M | 1.08B | 1.02B | 990.73M |
| Cash Only | 246.64M | 350.55M | 698.74M | 844.52M | 725.6M | 748.54M | 698.55M | 806.53M | 727.39M | 560.61M | 602.31M | 504.87M | 409.73M | 384M | 366.62M | 520.93M | 615.86M | 815.37M | 721.11M | 668.27M |
| Short-Term Investments | 624.79M | 698.59M | 722.53M | 701.97M | 689.13M | 674.38M | 668.68M | 683.29M | 692.47M | 734.84M | 851.7M | 851.14M | 652.86M | 515.14M | 417.28M | 240.68M | 240.38M | 260.94M | 301.53M | 322.46M |
| Accounts Receivable | 94.93M | 247.86M | 205.53M | 185.72M | 101.59M | 211.19M | 175.29M | 169.07M | 89.84M | 168.5M | 71.12M | 60.98M | 65.87M | 154.62M | 183.34M | 181.51M | 140M | 193.66M | 394.69M | 360.31M |
| Days Sales Outstanding | 5 | 6.99 | 5.99 | 4.27 | 4.9 | 6.25 | 5.67 | 3.96 | 4.35 | 4.38 | 2.46 | 2.3 | 4.19 | 7.13 | 7.56 | 6.61 | 7.43 | 13.8 | 17.79 | 16.18 |
| Inventory | 44.69M | 49.51M | 46.44M | 40.4M | 41.39M | 48.94M | 49.85M | 35.56M | 37.95M | 39.31M | 40.18M | 36M | 34.6M | 35.67M | 33.75M | 29.46M | 29.85M | 32.83M | 28.45M | 25.16M |
| Days Inventory Outstanding | 4.35 | 1.93 | 1.76 | 1.67 | 1.92 | 2.12 | 1.89 | 1.58 | 1.79 | 1.95 | 1.92 | 1.76 | 1.8 | 1.93 | 1.75 | 1.63 | 1.76 | 1.8 | 1.65 | 1.57 |
| Other Current Assets | 126.28M | 120.45M | 100.54M | 96.51M | 103.94M | 17.29M | 87.9M | 91.85M | 98.12M | 19.79M | 104.04M | 103.42M | 98.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 7.67B | 7.53B | 7.51B | 7.4B | 7.38B | 7.42B | 7.33B | 7.13B | 6.77B | 6.42B | 6.24B | 6B | 5.79B | 5.75B | 5.74B | 5.5B | 5.37B | 5.27B | 5.11B | 4.87B |
| Property, Plant & Equipment | 7.38B | 7.14B | 6.98B | 6.71B | 6.51B | 6.39B | 6.28B | 6.04B | 5.87B | 5.75B | 5.65B | 5.46B | 5.32B | 5.25B | 5.18B | 5.02B | 4.93B | 4.89B | 4.81B | 4.61B |
| Fixed Asset Turnover | 0.43x | 0.42x | 0.44x | 0.46x | 0.45x | 0.45x | 0.45x | 0.50x | 0.46x | 0.44x | 0.45x | 0.47x | 0.45x | 0.42x | 0.44x | 0.44x | 0.41x | 0.40x | 0.41x | 0.42x |
| Goodwill | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M | 21.94M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 159.49M | 232.49M | 407.32M | 549.38M | 701.06M | 868.02M | 892.49M | 972.64M | 776.82M | 564.49M | 473.25M | 430.76M | 368.02M | 388.06M | 442.62M | 359.91M | 333.09M | 274.31M | 188.34M | 150.81M |
| Other Non-Current Assets | 102.48M | 130.78M | 99.7M | 120.93M | 146.94M | 143.57M | 141.9M | 102.26M | 93M | 88.64M | 98.14M | 87.63M | 86.36M | 88.12M | 94.77M | 93.91M | 89.16M | 87.57M | 85.41M | 87.8M |
| Total Assets | 8.8B | 8.99B | 9.28B | 9.27B | 9.04B | 9.2B | 9.01B | 8.92B | 8.41B | 8.04B | 7.91B | 7.55B | 7.05B | 6.93B | 6.82B | 6.55B | 6.47B | 6.65B | 6.63B | 6.32B |
| Asset Turnover | 0.35x | 0.33x | 0.32x | 0.33x | 0.32x | 0.31x | 0.31x | 0.34x | 0.33x | 0.32x | 0.32x | 0.34x | 0.34x | 0.32x | 0.33x | 0.34x | 0.31x | 0.30x | 0.30x | 0.30x |
| Asset Growth % | -2.66% | -2.28% | 3% | 3.91% | 7.52% | 14.42% | 13.91% | 18.11% | 19.25% | 16.12% | 16.05% | 15.39% | 9.06% | 4.13% | 2.86% | 3.56% | 5.17% | 11.2% | 17.68% | 17.7% |
| Total Current Liabilities | 1.24B | 1.19B | 1.15B | 1.13B | 1.09B | 1.17B | 1.04B | 1.04B | 997.35M | 1.03B | 1.09B | 982.25M | 894.09M | 921.88M | 817.86M | 831.62M | 833.74M | 873.68M | 850.96M | 835.49M |
| Accounts Payable | 247.29M | 212.81M | 260.19M | 216.35M | 217.41M | 210.69M | 221.3M | 203.48M | 196.87M | 197.65M | 207.54M | 162.04M | 182.61M | 184.57M | 167.84M | 158.58M | 168.91M | 163.16M | 171.71M | 140.25M |
| Days Payables Outstanding | 21.23 | 9.52 | 9.67 | 8.87 | 9.08 | 9.28 | 9.39 | 8.62 | 9.16 | 9.92 | 9.33 | 8.6 | 9.38 | 9.78 | 9.06 | 9 | 9.33 | 9.85 | 9.61 | 9.16 |
| Short-Term Debt | 310.15M | 302.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 207.42M | 240.38M | 206.73M | 206.63M | 203.74M | 238.58M | 180.29M | 182.33M | 187.32M | 209.68M | 156.32M | 158.96M | 157.9M | 183.07M | 133.12M | 132.45M | 132.42M | 156.35M | 120.42M | 113.02M |
| Other Current Liabilities | 231.31M | 182.45M | 0 | 0 | 0 | 69.65M | 0 | 0 | 0 | 60.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.1M | 0 | 0 |
| Current Ratio | 0.92x | 1.23x | 1.54x | 1.65x | 1.52x | 1.52x | 1.62x | 1.71x | 1.65x | 1.57x | 1.53x | 1.58x | 1.41x | 1.28x | 1.32x | 1.26x | 1.32x | 1.58x | 1.78x | 1.73x |
| Quick Ratio | 0.88x | 1.19x | 1.50x | 1.62x | 1.48x | 1.48x | 1.57x | 1.68x | 1.61x | 1.53x | 1.50x | 1.55x | 1.37x | 1.24x | 1.28x | 1.22x | 1.28x | 1.54x | 1.75x | 1.70x |
| Cash Conversion Cycle | -11.89 | -0.6 | -1.91 | -2.93 | -2.27 | -0.91 | -1.83 | -3.07 | -3.01 | -3.6 | -4.95 | -4.54 | -3.4 | -0.72 | 0.26 | -0.76 | -0.14 | 5.76 | 9.83 | 8.6 |
| Total Non-Current Liabilities | 5.16B | 4.98B | 4.91B | 4.61B | 4.46B | 4.38B | 4.36B | 4.16B | 4.05B | 3.95B | 3.94B | 3.8B | 3.68B | 3.64B | 3.67B | 3.56B | 3.5B | 3.48B | 3.47B | 3.31B |
| Long-Term Debt | 0 | 4.77B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 4.94B | 4.77B | 4.69B | 4.49B | 4.35B | 4.26B | 4.21B | 4.01B | 3.9B | 3.8B | 3.77B | 3.64B | 3.53B | 3.5B | 3.5B | 3.39B | 3.33B | 3.3B | 3.27B | 3.13B |
| Deferred Tax Liabilities | 143.56M | 125.67M | 140.48M | 36.3M | 38.88M | 46.21M | 79.52M | 83.3M | 84.23M | 89.11M | 111.09M | 106.44M | 98.14M | 98.62M | 133.25M | 126.24M | 127.73M | 141.76M | 148.4M | 133.51M |
| Other Non-Current Liabilities | 78.94M | -4.7B | 82.38M | 78.7M | 74.23M | 71.07M | 67.5M | 67.11M | 64.98M | 58.87M | 53.3M | 52.93M | 46.89M | 43.82M | 41.72M | 39.85M | 40.51M | 38.54M | 42.42M | 42.74M |
| Total Liabilities | 6.4B | 6.16B | 6.06B | 5.74B | 5.55B | 5.55B | 5.4B | 5.21B | 5.05B | 4.98B | 5.03B | 4.79B | 4.57B | 4.56B | 4.49B | 4.39B | 4.33B | 4.36B | 4.32B | 4.15B |
| Total Debt | 5.25B | 9.85B | 4.98B | 4.78B | 4.63B | 4.54B | 4.48B | 4.28B | 4.16B | 4.05B | 4.02B | 3.89B | 3.77B | 3.73B | 3.73B | 3.62B | 3.55B | 3.52B | 3.49B | 3.35B |
| Net Debt | 5B | 9.5B | 4.28B | 3.94B | 3.91B | 3.79B | 3.78B | 3.47B | 3.43B | 3.49B | 3.42B | 3.38B | 3.36B | 3.35B | 3.36B | 3.1B | 2.94B | 2.7B | 2.77B | 2.68B |
| Debt / Equity | 2.18x | 3.48x | 1.55x | 1.35x | 1.33x | 1.24x | 1.24x | 1.15x | 1.24x | 1.32x | 1.39x | 1.41x | 1.52x | 1.58x | 1.60x | 1.68x | 1.67x | 1.53x | 1.51x | 1.54x |
| Debt / EBITDA | 10.62x | 18.29x | 8.46x | 7.18x | 7.98x | 9.09x | 8.04x | 6.39x | 7.93x | 9.02x | 8.49x | 7.61x | 8.49x | 10.08x | 9.15x | 8.90x | 13.57x | 15.68x | 11.52x | 10.88x |
| Net Debt / EBITDA | 10.12x | 17.64x | 7.27x | 5.91x | 6.73x | 7.59x | 6.79x | 5.19x | 6.54x | 7.78x | 7.21x | 6.63x | 7.57x | 9.04x | 8.25x | 7.62x | 11.22x | 12.05x | 9.14x | 8.71x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | 22.28x | - | 32.87x | - | - | 1985.97x | - |
| Total Equity | 2.41B | 2.83B | 3.22B | 3.53B | 3.49B | 3.66B | 3.61B | 3.71B | 3.36B | 3.06B | 2.89B | 2.77B | 2.48B | 2.37B | 2.33B | 2.15B | 2.13B | 2.3B | 2.31B | 2.17B |
| Equity Growth % | -31.03% | -22.57% | -10.85% | -4.95% | 3.85% | 19.38% | 25.21% | 34.15% | 35.45% | 29.31% | 24.02% | 28.44% | 16.29% | 3.08% | 0.71% | -0.92% | 1.74% | 13.72% | 27.99% | 27.55% |
| Book Value per Share | 1.85 | 2.14 | 2.41 | 2.61 | 2.57 | 2.67 | 2.63 | 2.69 | 2.43 | 2.22 | 2.09 | 1.99 | 1.79 | 1.70 | 1.67 | 1.53 | 1.51 | 1.61 | 1.62 | 1.53 |
| Total Shareholders' Equity | 2.41B | 2.83B | 3.22B | 3.53B | 3.49B | 3.66B | 3.61B | 3.71B | 3.36B | 3.06B | 2.89B | 2.77B | 2.48B | 2.37B | 2.33B | 2.15B | 2.13B | 2.3B | 2.31B | 2.17B |
| Common Stock | 12.87M | 13.04M | 13.26M | 13.41M | 13.5M | 13.59M | 13.63M | 13.71M | 376K | 18.74M | 375K | 375K | 374K | 373K | 373K | 373K | 373K | 371K | 371K | 370K |
| Retained Earnings | 167.67M | 619.91M | 1.04B | 1.37B | 1.37B | 1.57B | 1.58B | 1.68B | 6.42B | 6.06B | 5.77B | 5.46B | 5.12B | 4.83B | 4.6B | 4.35B | 4.09B | 3.93B | 3.8B | 3.59B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.04B | -4.94B | -4.8B | -4.57B | -4.48B | -4.28B | -4.08B | -3.97B | -3.7B | -3.36B | -3.17B | -3.07B |
| Accumulated OCI | -8.01M | -7.29M | -7.93M | -7.34M | -9.85M | -10.28M | -7.44M | -8.51M | -7.95M | -6.66M | -8.08M | -6.95M | -7.43M | -7.89M | -8.9M | -6.64M | -5.16M | -5.35M | -5.14M | -4.19M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |