Chipotle Mexican Grill Inc (CMG)

Return on assets (ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	1,534,110	1,484,432	1,410,261	1,296,380	1,228,737	1,170,378	1,114,299	1,032,451	899,101	808,849	756,145	684,177	652,984	710,468	586,278	406,479	355,766	237,223	255,561	338,414
Total assets	US$ in thousands	9,204,370	9,011,670	8,919,840	8,411,250	8,044,360	7,911,490	7,552,440	7,053,370	6,927,500	6,817,440	6,545,340	6,467,260	6,652,960	6,627,570	6,320,450	6,149,060	5,982,900	5,631,640	5,370,130	5,206,490
ROA		16.67%	16.47%	15.81%	15.41%	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%

December 31, 2024 calculation

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

Chipotle Mexican Grill Inc's return on assets (ROA) has shown a positive trend over the analyzed periods from March 31, 2020, to December 31, 2024. The ROA increased steadily from 6.50% in March 2020 to 16.67% in December 2024. This demonstrates the company's ability to generate earnings relative to its total assets, indicating efficient asset utilization and profitability.

The upward trajectory of Chipotle's ROA suggests effective management of its assets to generate profits. The ROA exceeding double digits for most quarters indicates strong performance and efficient resource allocation within the organization. Investors and stakeholders may view this consistent improvement in ROA positively, signaling favorable profitability and operational efficiency within the company.

Overall, the increasing trend in Chipotle's ROA signifies the company's ability to generate higher returns on its assets, reflecting well on its operational performance and financial management strategies.