Chipotle Mexican Grill Inc (CMG)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.10% | 36.25% | 36.10% | 35.69% | 34.43% | 33.51% | 32.90% | 32.45% | 32.60% | 50.57% | 50.73% | 50.29% | 50.06% | 48.56% | 48.58% | 48.57% | 49.31% | 47.35% | 47.34% | 47.74% |
| Operating profit margin | 15.78% | 15.63% | 15.42% | 14.89% | 13.44% | 12.15% | 11.36% | 10.65% | 10.67% | 10.61% | 9.22% | 6.02% | 4.85% | 4.67% | 4.98% | 7.12% | 7.95% | 7.18% | 6.31% | 5.49% |
| Pretax margin | 16.42% | 16.17% | 15.81% | 15.23% | 13.68% | 12.43% | 11.60% | 10.78% | 10.77% | 10.60% | 9.20% | 6.00% | 4.91% | 4.76% | 5.17% | 7.36% | 8.20% | 4.04% | 3.03% | 2.06% |
| Net profit margin | 12.45% | 12.27% | 12.00% | 11.49% | 10.41% | 9.61% | 9.28% | 8.74% | 8.65% | 9.88% | 8.57% | 6.44% | 5.94% | 4.08% | 4.55% | 5.95% | 6.27% | 5.77% | 4.80% | 4.08% |
Chipotle Mexican Grill has consistently maintained healthy profitability margins over the quarters.
The gross profit margin has been stable, ranging from 69.16% to 70.59% over the past eight quarters. This indicates efficient cost management and pricing strategies to generate profits from sales after accounting for the cost of goods sold.
The operating profit margin has shown an upward trend, starting at 10.88% in Q1 2022 and increasing to 16.17% in Q4 2023. This reflects the company's ability to control operating expenses and generate profits from its core business activities.
Similarly, the pretax margin and net profit margin have also shown an increasing trend over the same period. The pretax margin has increased from 10.78% in Q1 2022 to 16.42% in Q4 2023, while the net profit margin has increased from 8.74% to 12.45% over the same period.
Overall, Chipotle Mexican Grill's profitability ratios demonstrate efficient operations, effective cost management, and a consistent ability to generate profits, indicating a healthy financial performance.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 19.37% | 18.84% | 18.96% | 18.97% | 16.75% | 15.00% | 14.14% | 12.89% | 12.10% | 11.52% | 9.98% | 6.19% | 4.85% | 4.82% | 5.21% | 7.78% | 8.70% | 7.81% | 7.04% | 5.96% |
| Return on assets (ROA) | 15.27% | 14.79% | 14.75% | 14.64% | 12.98% | 11.86% | 11.55% | 10.58% | 9.81% | 10.72% | 9.28% | 6.61% | 5.95% | 4.21% | 4.76% | 6.50% | 6.86% | 6.27% | 5.35% | 4.44% |
| Return on total capital | 50.87% | 51.65% | 51.75% | 53.91% | 49.00% | 43.93% | 42.98% | 39.07% | 35.04% | 33.04% | 29.02% | 18.14% | 14.36% | 15.03% | 16.42% | 24.22% | 26.38% | 23.76% | 21.31% | 18.58% |
| Return on equity (ROE) | 40.13% | 40.55% | 40.27% | 41.60% | 37.97% | 34.75% | 35.10% | 32.06% | 28.42% | 30.74% | 26.97% | 19.38% | 17.61% | 13.14% | 14.99% | 20.24% | 20.81% | 19.09% | 16.21% | 13.83% |
Chipotle Mexican Grill has shown consistent profitability growth over the quarters based on the profitability ratios. The Operating return on assets (Operating ROA) has shown an increasing trend from 13.17% in Q1 of 2022 to 19.84% in Q4 of 2023, indicating the company's ability to generate operating income with its total assets.
Return on assets (ROA) has also been on the rise, increasing from 10.58% in Q1 2022 to 15.27% in Q4 2023, highlighting the company's efficiency in utilizing its assets to generate profits.
Moreover, the Return on total capital has exhibited a positive trend, increasing from 39.91% in Q1 2022 to 52.13% in Q4 2023, indicating the company's ability to generate returns for both debt and equity investors.
The Return on equity (ROE) has shown growth as well, increasing from 32.06% in Q1 2022 to 40.13% in Q4 2023, showcasing the company's ability to generate returns for its equity shareholders.
Overall, Chipotle Mexican Grill's profitability ratios reflect a strong financial performance, demonstrating the company's effective management of its assets, capital, and equity to generate increasing returns for its stakeholders.
See also:
Chipotle Mexican Grill Inc Profitability Ratios (Quarterly Data)