Chipotle Mexican Grill Inc (CMG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,916,330 | 1,557,810 | 1,160,400 | 804,943 | 290,164 |
| Total assets | US$ in thousands | 9,204,370 | 8,044,360 | 6,927,500 | 6,652,960 | 5,982,900 |
| Operating ROA | 20.82% | 19.37% | 16.75% | 12.10% | 4.85% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,916,330K ÷ $9,204,370K
= 20.82%
Chipotle Mexican Grill Inc's operating return on assets (Operating ROA) has shown a positive trend over the years. From December 31, 2020, with an operating ROA of 4.85%, there has been a steady increase in the metric. By December 31, 2024, Chipotle's operating ROA has reached 20.82%, indicating an improvement in the company's efficiency in generating profits from its assets.
The upward trajectory of the operating ROA suggests that Chipotle has been effectively utilizing its assets to generate operating income. This is a positive indicator of the company's operational efficiency and profitability, showcasing its ability to generate earnings relative to the total assets employed in its business operations.
Overall, the increasing trend in Chipotle's operating ROA reflects the company's improved performance in efficiently utilizing its assets to drive profitability and create value for its stakeholders.
Peer comparison
Dec 31, 2024