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CHIPOTLE MEXICAN GRILL INC (CMG)

Income Statement Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]7,547.15,984.65,586.44,865.04,476.43,904.44,501.54,108.3
            Revenue growth  26.1%7.1%14.8%8.7%14.7%-13.3%9.6%27.8%
                SSS        0.2%16.8%
                Unit growth     3.8%5.0%11.9%12.7%11.8%
Cost of goods sold   [+]416.6387.8363.1347.1327.1935.63,326.92,990.5
Gross profit  7,130.55,596.95,223.34,517.94,149.32,968.81,174.51,117.8
            Gross margin  94.5%93.5%93.5%92.9%92.7%76.0%26.1%27.2%
Selling, general and administrative   [+]2.0-15.1-12.0-58.1-1.0276.2250.2273.9
Other operating expenses  6,339.65,345.14,810.74,377.13,888.12,487.717.215.6
EBITDA   [+]1,043.5505.4637.4400.9425.5204.8907.2828.3
            EBITDA margin  13.8%8.4%11.4%8.2%9.5%5.2%20.2%20.2%
Depreciation and amortization  254.7238.5212.8202.0163.3146.4130.4110.5
EBIT   [+]788.9266.8424.6198.9262.258.4776.8717.8
            EBIT margin  10.5%4.5%7.6%4.1%5.9%1.5%17.3%17.5%
Non-recurring items   [+]-19.3-30.6-23.1-66.6-13.323.913.27.0
Other income (expense), net   [+]4.6-3.610.62.90.24.26.33.5
Pre-tax income  812.8293.8458.3268.4275.738.7769.9714.3
Income taxes  159.8-62.0108.191.999.515.8294.3268.9
            Tax rate  19.7% 23.6%34.2%36.1%40.8%38.2%37.6%
Net income  653.0355.8350.2176.6176.322.9475.6445.4
            Net margin  8.7%5.9%6.3%3.6%3.9%0.6%10.6%10.8%
   
Basic EPS   [+]$23.21$12.74$12.62$6.35$6.19$0.78$15.30$14.35
Diluted EPS   [+]$22.90$12.52$12.38$6.31$6.17$0.77$15.10$14.13
   
Shares outstanding (basic)   [+]28.127.927.727.828.529.331.131.0
Shares outstanding (diluted)   [+]28.528.428.328.028.629.831.531.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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