How does Chipotle Mexican Grill (CMG) make money?

Chipotle Mexican Grill (CMG) primarily makes money through Food and Beverage, which accounts for 99.5% of total revenue. For TTM through Q4 2025, Chipotle Mexican Grill generated $11.93B in total revenue with a net profit margin of 12.9%.

What is Chipotle Mexican Grill (CMG) gross profit margin?

Chipotle Mexican Grill (CMG) reported a gross profit margin of 25.4% for TTM through Q4 2025, equivalent to $3.03B in gross profit. This means Chipotle Mexican Grill retains 25.4% of each revenue unit after direct costs of production.

What is Chipotle Mexican Grill (CMG) operating profit margin?

Chipotle Mexican Grill (CMG) reported an operating profit margin of 16.9% for TTM through Q4 2025, equivalent to $2.01B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Chipotle Mexican Grill (CMG) net profit margin?

Chipotle Mexican Grill (CMG) reported a net profit margin of 12.9% for TTM through Q4 2025, equivalent to $1.54B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Chipotle Mexican Grill (CMG) spend on capital expenditures?

Chipotle Mexican Grill (CMG) spent $666.34M on capital expenditures in TTM through Q4 2025 (5.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Chipotle Mexican Grill (CMG) free cash flow?

Chipotle Mexican Grill (CMG) generated $1.45B in free cash flow for TTM through Q4 2025 (12.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Chipotle Mexican Grill (CMG) effective tax rate?

Chipotle Mexican Grill (CMG) had an effective tax rate of 23.6% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How Chipotle Mexican Grill (CMG) Makes Money: A Visual Guide

Chipotle Mexican Grill (CMG) generated $11.93B in revenue, earning $1.54B in net profit (12.9% margin). Its largest revenue source is Food and Beverage (99.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Chipotle Mexican Grill (CMG) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 4, 2026).

Frequently asked questions

How does Chipotle Mexican Grill (CMG) make money?: Chipotle Mexican Grill (CMG) primarily makes money through Food and Beverage, which accounts for 99.5% of total revenue. For TTM through Q4 2025, Chipotle Mexican Grill generated $11.93B in total revenue with a net profit margin of 12.9%.
What is Chipotle Mexican Grill (CMG) gross profit margin?: Chipotle Mexican Grill (CMG) reported a gross profit margin of 25.4% for TTM through Q4 2025, equivalent to $3.03B in gross profit. This means Chipotle Mexican Grill retains 25.4% of each revenue unit after direct costs of production.
What is Chipotle Mexican Grill (CMG) operating profit margin?: Chipotle Mexican Grill (CMG) reported an operating profit margin of 16.9% for TTM through Q4 2025, equivalent to $2.01B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Chipotle Mexican Grill (CMG) net profit margin?: Chipotle Mexican Grill (CMG) reported a net profit margin of 12.9% for TTM through Q4 2025, equivalent to $1.54B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Chipotle Mexican Grill (CMG) spend on capital expenditures?: Chipotle Mexican Grill (CMG) spent $666.34M on capital expenditures in TTM through Q4 2025 (5.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Chipotle Mexican Grill (CMG) free cash flow?: Chipotle Mexican Grill (CMG) generated $1.45B in free cash flow for TTM through Q4 2025 (12.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Chipotle Mexican Grill (CMG) effective tax rate?: Chipotle Mexican Grill (CMG) had an effective tax rate of 23.6% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.