Chipotle Mexican Grill, Inc. (CMG) Earnings History
Annual and quarterly earnings data from 2004 to 2025
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CMG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
CMG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 25.4% | 16.9% | 12.9% |
| 2024 | 26.7% | 16.9% | 13.6% |
| 2023 | 26.2% | 15.8% | 12.4% |
| 2022 | 23.9% | 13.4% | 10.4% |
| 2021 | 22.6% | 10.7% | 8.7% |
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Chipotle Mexican Grill, Inc. (CMG) Earnings Overview
As of May 8, 2026, Chipotle Mexican Grill, Inc. (CMG) reported trailing twelve-month net income of $1.45B, reflecting +2.7% year-over-year growth. The company earned $1.12 per diluted share over the past four quarters, with a net profit margin of 12.9%.
Looking at the long-term picture, CMG's 5-year EPS compound annual growth rate (CAGR) stands at +35.5%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.54B in fiscal 2025, representing a new all-time high.
Chipotle Mexican Grill, Inc. maintains positive profitability with a gross margin of 25.4%, operating margin of 16.9%, and net margin of 12.9%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including SFM ($507M net income, 5.9% margin), SHAK ($41M net income, 3.2% margin), TXRH ($415M net income, 6.9% margin), CMG has outperformed on profitability metrics. Compare CMG vs SFM →
CMG Earnings vs Peers
Earnings metrics vs comparable public companies
CMG Historical Earnings Data (2004–2025)
22 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.54B | +0.1% | $2.01B | $1.14 | 12.9% | 16.9% |
| 2024 | $1.53B | +24.9% | $1.92B | $1.11 | 13.6% | 16.9% |
| 2023 | $1.23B | +36.7% | $1.56B | $0.89 | 12.4% | 15.8% |
| 2022 | $899M | +37.7% | $1.16B | $0.64 | 10.4% | 13.4% |
| 2021 | $653M | +83.5% | $805M | $0.46 | 8.7% | 10.7% |
| 2020 | $356M | +1.6% | $290M | $0.25 | 5.9% | 4.8% |
| 2019 | $350M | +98.3% | $444M | $0.25 | 6.3% | 7.9% |
| 2018 | $177M | +0.2% | $258M | $0.13 | 3.6% | 5.3% |
| 2017 | $176M | +668.4% | $271M | $0.12 | 3.9% | 6.0% |
| 2016 | $23M | -95.2% | $35M | $0.02 | 0.6% | 0.9% |
Full CMG Stock Analysis
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Start ComparisonCMG — Frequently Asked Questions
Quick answers to the most common questions about buying CMG stock.
Is CMG growing earnings?
CMG EPS of $1.12 reflects slowing growth at +2.7%, below the 5-year CAGR of +35.5%. TTM net income is $1.5B. Expansion rate has moderated.
What are CMG's profit margins?
Chipotle Mexican Grill, Inc. net margin is +12.9%, with operating margin at +16.9%. Margins sit within typical range for the sector.
How consistent are CMG's earnings?
CMG earnings data spans 2004-2025. The current earnings trend is +2.7% YoY. Historical data enables comparison across business cycles.