Capital Expenditures for Chipotle Mexican Grill (CMG)
According to Chipotle Mexican Grill's latest reported financial statements, the company's current capital expenditures (TTM) is $666.34M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$666.34M
YoY change
+12.3%
5Y CAGR
+12.3%
Peak year (2025)
$666.34M
Cumulative capital expenditures
$6.07B
CapEx history chart for Chipotle Mexican Grill (CMG) from 2004 to 2025
CapEx history table for Chipotle Mexican Grill (CMG) from 2004 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $666.34M | +12.3% | ||
| 2024 | $593.60M | +5.9% | ||
| 2023 | $560.73M | +17.0% | ||
| 2022 | $479.16M | +8.3% | ||
| 2021 | $442.48M | +18.5% | ||
| 2020 | $373.35M | +11.8% | ||
| 2019 | $333.91M | +16.2% | ||
| 2018 | $287.39M | +32.6% | ||
| 2017 | $216.78M | -16.3% | ||
| 2016 | $258.84M | +0.6% | ||
| 2015 | $257.42M | +1.9% | ||
| 2014 | $252.59M | +26.3% | ||
| 2013 | $199.93M | +1.5% | ||
| 2012 | $197.04M | +30.4% | ||
| 2011 | $151.15M | +33.5% | ||
| 2010 | $113.22M | -3.4% | ||
| 2009 | $117.20M | -22.9% | ||
| 2008 | $152.10M | +8.2% | ||
| 2007 | $140.54M | +44.4% | ||
| 2006 | $97.31M | +17.2% | ||
| 2005 | $83.04M | -13.2% | ||
| 2004 | $95.61M | — |
CapEx values are taken from Chipotle Mexican Grill's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Chipotle Mexican Grill (CMG) reported capital expenditures of $666.34M – grew 12.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Chipotle Mexican Grill capital expenditures compounded at +12.3% per year, sustaining 8 straight years of year-over-year growth.
The highest annual capital expenditures of $666.34M was reported in 2025. The lowest in the available history was $83.04M in 2005.
Within Consumer Cyclical, Chipotle Mexican Grill (CMG) ranks 7th among 8 peers we track. The peer median for capital expenditures is $3.52B.
Chipotle Mexican Grill Capital Expenditures by Year
Chipotle Mexican Grill Capital Expenditures 2025: $666.34M
Chipotle Mexican Grill capital expenditures in 2025 was $666.34M, grew 12.3% from 2024. This figure represents the highest annual value in the available history.
Chipotle Mexican Grill Capital Expenditures 2024: $593.60M
Chipotle Mexican Grill capital expenditures in 2024 was $593.60M, grew 5.9% from 2023.
Chipotle Mexican Grill Capital Expenditures 2023: $560.73M
Chipotle Mexican Grill capital expenditures in 2023 was $560.73M, grew 17.0% from 2022.
Chipotle Mexican Grill Capital Expenditures 2022: $479.16M
Chipotle Mexican Grill capital expenditures in 2022 was $479.16M, grew 8.3% from 2021.
Chipotle Mexican Grill Capital Expenditures 2021: $442.48M
Chipotle Mexican Grill capital expenditures in 2021 was $442.48M.
See more financial history for Chipotle Mexican Grill (CMG).
Sector peers — CapEx
Companies in the same sector as Chipotle Mexican Grill, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Chipotle Mexican Grill's capital expenditures?
- Latest reported capital expenditures for Chipotle Mexican Grill (CMG) is $666.34M (period ending December 31, 2025).
How has Chipotle Mexican Grill capital expenditures changed year-over-year?
- Chipotle Mexican Grill (CMG) capital expenditures changed +12.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Chipotle Mexican Grill capital expenditures?
- Chipotle Mexican Grill (CMG) capital expenditures compound annual growth rate is +12.3% over the most recent 5 years available.
When did Chipotle Mexican Grill capital expenditures hit its highest annual value?
- Chipotle Mexican Grill capital expenditures reached its highest annual value of $666.34M in 2025.
What was Chipotle Mexican Grill capital expenditures in 2024?
- Chipotle Mexican Grill (CMG) capital expenditures in 2024 was $593.60M.
What was Chipotle Mexican Grill capital expenditures in 2025?
- Chipotle Mexican Grill (CMG) capital expenditures in 2025 was $666.34M.
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