Operating Income for Chipotle Mexican Grill (CMG)
According to Chipotle Mexican Grill's latest reported financial statements, the company's current operating income (TTM) is $2.01B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.01B
YoY change
+5.0%
5Y CAGR
+47.3%
Peak year (2025)
$2.01B
Cumulative operating income
$12.34B
Operating Income history chart for Chipotle Mexican Grill (CMG) from 2001 to 2025
Operating Income history table for Chipotle Mexican Grill (CMG) from 2001 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.01B | +5.0% | ||
| 2024 | $1.92B | +23.0% | ||
| 2023 | $1.56B | +34.2% | ||
| 2022 | $1.16B | +44.2% | ||
| 2021 | $804.94M | +177.4% | ||
| 2020 | $290.16M | -34.6% | ||
| 2019 | $443.96M | +71.8% | ||
| 2018 | $258.37M | -4.6% | ||
| 2017 | $270.79M | +683.4% | ||
| 2016 | $34.57M | -95.5% | ||
| 2015 | $763.59M | +7.4% | ||
| 2014 | $710.80M | +33.4% | ||
| 2013 | $532.72M | +16.9% | ||
| 2012 | $455.87M | +30.0% | ||
| 2011 | $350.56M | +21.8% | ||
| 2010 | $287.83M | +41.3% | ||
| 2009 | $203.71M | +64.2% | ||
| 2008 | $124.04M | +14.7% | ||
| 2007 | $108.18M | +74.6% | ||
| 2006 | $61.95M | +99.9% | ||
| 2005 | $30.99M | +407.6% | ||
| 2004 | $6.11M | -177.0% | ||
| 2003 | -$7.93M | -55.0% | ||
| 2002 | -$17.63M | -28.7% | ||
| 2001 | -$24.72M | — |
Operating Income values are taken from Chipotle Mexican Grill's reported income 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
The 2025 reading of Chipotle Mexican Grill (CMG) operating income is $2.01B – grew 5.0% year-over-year.
Over 2020–2025 (5 years), Chipotle Mexican Grill operating income expanded at a +47.3% compound annual rate, sustaining 5 straight years of year-over-year growth.
The dataset's maximum operating income sits at $2.01B (2025); the minimum reading of -$24.72M dates to 2001.
Among 8 Consumer Cyclical peers, Chipotle Mexican Grill (CMG) ranks 9th; the peer median for operating income is $16.64B.
Chipotle Mexican Grill Operating Income by Year
Chipotle Mexican Grill Operating Income 2025: $2.01B
Chipotle Mexican Grill operating income in 2025 was $2.01B, grew 5.0% from 2024. This figure represents the highest annual value in the available history.
Chipotle Mexican Grill Operating Income 2024: $1.92B
Chipotle Mexican Grill operating income in 2024 was $1.92B, grew 23.0% from 2023.
Chipotle Mexican Grill Operating Income 2023: $1.56B
Chipotle Mexican Grill operating income in 2023 was $1.56B, surged 34.2% from 2022.
Chipotle Mexican Grill Operating Income 2022: $1.16B
Chipotle Mexican Grill operating income in 2022 was $1.16B, surged 44.2% from 2021.
Chipotle Mexican Grill Operating Income 2021: $804.94M
Chipotle Mexican Grill operating income in 2021 was $804.94M.
See more financial history for Chipotle Mexican Grill (CMG).
Sector peers — Operating Income
Companies in the same sector as Chipotle Mexican Grill, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Chipotle Mexican Grill's operating income?
- Latest reported operating income for Chipotle Mexican Grill (CMG) is $2.01B (period ending December 31, 2025).
How has Chipotle Mexican Grill operating income changed year-over-year?
- Chipotle Mexican Grill (CMG) operating income changed +5.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Chipotle Mexican Grill operating income?
- Chipotle Mexican Grill (CMG) operating income compound annual growth rate is +47.3% over the most recent 5 years available.
When did Chipotle Mexican Grill operating income hit its highest annual value?
- Chipotle Mexican Grill operating income reached its highest annual value of $2.01B in 2025.
What was Chipotle Mexican Grill operating income in 2024?
- Chipotle Mexican Grill (CMG) operating income in 2024 was $1.92B.
What was Chipotle Mexican Grill operating income in 2025?
- Chipotle Mexican Grill (CMG) operating income in 2025 was $2.01B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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