Chipotle Mexican Grill Inc (CMG)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	1,534,110	1,228,740	899,101	652,984	355,766
Revenue	US$ in thousands	11,313,900	9,871,650	8,634,650	7,547,060	5,984,630
Net profit margin		13.56%	12.45%	10.41%	8.65%	5.94%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $1,534,110K ÷ $11,313,900K
= 13.56%

Based on the data provided, Chipotle Mexican Grill Inc's net profit margin has shown a consistent upward trend over the past five years.

In December 2020, Chipotle's net profit margin was 5.94%, indicating that for every dollar of revenue generated, the company retained $0.0594 as profit.

By December 2021, the net profit margin had improved to 8.65%, reflecting a more efficient operation and management of costs.

The trend continued into December 2022, where the net profit margin increased to 10.41%, showcasing the company's ability to generate more profit relative to its revenue.

In December 2023, the net profit margin further improved to 12.45%, indicating a strengthening financial performance and potentially enhanced operational efficiency.

As of December 2024, Chipotle's net profit margin surged to 13.56%, signifying a robust financial position and solid profitability.

Overall, the increasing net profit margin demonstrates Chipotle's effective cost management, revenue growth, and operational efficiency, which have contributed to the company's profitability and financial health over the reviewed period.