Chipotle Mexican Grill Inc (CMG)

Return on assets (ROA)

		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
Total assets	US$ in thousands	9,204,370	8,044,360	6,927,500	6,652,960	5,982,900
ROA		16.67%	15.27%	12.98%	9.81%	5.95%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $1,534,110K ÷ $9,204,370K
= 16.67%

The return on assets (ROA) for Chipotle Mexican Grill Inc has shown a positive trend over the past five years, indicating an improvement in the company's efficiency in generating profits from its assets. The ROA increased from 5.95% as of December 31, 2020, to 16.67% as of December 31, 2024. This steady growth suggests that Chipotle has been able to effectively utilize its assets to generate higher returns for its shareholders. The significant rise in ROA from 2020 to 2024 showcases the company's ability to enhance profitability and create value from its asset base. Overall, the increasing trend in ROA reflects positively on Chipotle's operational performance and financial management.