Chipotle Mexican Grill, Inc. (CMG) balance sheet
NYSE · Consumer Cyclical · Restaurants · 130,301 employees · CEO Scott Boatwright
- Price
- $31.89 +1.95%
- Market cap
- $40.3B
- Enterprise value
- $45.3B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-02-02 EPS est. $0.25
At the end of Q3 '26 Chipotle Mexican Grill, Inc. (CMG) held $903M in cash and short-term investments against $5.6B of debt incl. leases. Total assets $9.43B, total liabilities $6.98B, shareholders' equity $2.46B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $561M | $727M | $807M | $699M | $749M | $726M | $845M | $699M | $351M | $247M | $228M | $634M | |
| Short-term investments | $735M | $692M | $683M | $669M | $674M | $689M | $702M | $723M | $694M | $622M | $444M | $268M | |
| Receivables | $168M | $89.8M | $169M | $175M | $211M | $102M | $186M | $206M | $252M | $97.5M | $106M | $99.5M | |
| Inventory | $39.3M | $37.9M | $35.6M | $49.8M | $48.9M | $41.4M | $40.4M | $46.4M | $49.5M | $44.7M | $46.6M | $48.9M | |
| Other current assets | $19.8M | $98.1M | $91.9M | $87.9M | $17.3M | $104M | $96.5M | $101M | $22.4M | $126M | $116M | $0 | |
| Current assets | $1.62B | $1.65B | $1.79B | $1.68B | $1.78B | $1.66B | $1.87B | $1.77B | $1.47B | $1.14B | $941M | $1.17B | |
| Property, plant & equipment (net) | $5.75B | $5.87B | $6.04B | $6.28B | $6.39B | $6.51B | $6.71B | $6.98B | $7.14B | $7.38B | $7.64B | $7.97B | |
| Long-term investments | $564M | $777M | $973M | $892M | $868M | $701M | $519M | $348M | $197M | $86.1M | $85.9M | $100M | |
| Goodwill | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | |
| Other non-current assets | $88.6M | $93M | $102M | $142M | $144M | $147M | $152M | $159M | $166M | $176M | $181M | $172M | |
| Non-current assets | $6.42B | $6.77B | $7.13B | $7.33B | $7.42B | $7.38B | $7.4B | $7.51B | $7.53B | $7.67B | $7.92B | $8.26B | |
| Total assets | $8.04B | $8.41B | $8.92B | $9.01B | $9.2B | $9.04B | $9.27B | $9.28B | $8.99B | $8.8B | $8.86B | $9.43B | |
| Liabilities | |||||||||||||
| Accounts payable | $198M | $197M | $203M | $221M | $211M | $217M | $216M | $260M | $213M | $247M | $255M | $308M | |
| Accrued expenses | $272M | $314M | $393M | $366M | $325M | $340M | $422M | $390M | $302M | $424M | $504M | $481M | |
| Taxes payable | $42.1M | $45M | $0 | $0 | $47.2M | $46.1M | $0 | $0 | $0 | $48.7M | $20.5M | $0 | |
| Deferred revenue | $210M | $187M | $182M | $180M | $239M | $204M | $207M | $207M | $240M | $207M | $219M | $224M | |
| Other current liabilities | $60.7M | $0 | $0 | $0 | $69.6M | $0 | $0 | $0 | $83.4M | $0 | $0 | $112M | |
| Current liabilities | $1.03B | $997M | $1.04B | $1.04B | $1.17B | $1.09B | $1.13B | $1.15B | $1.19B | $1.24B | $1.32B | $1.45B | |
| Lease obligations (non-current) | $3.8B | $3.9B | $4.01B | $4.21B | $4.26B | $4.35B | $4.49B | $4.69B | $4.77B | $4.94B | $5.1B | $5.28B | |
| Deferred tax liabilities | $89.1M | $84.2M | $83.3M | $79.5M | $46.2M | $38.9M | $36.3M | $140M | $126M | $144M | $163M | $169M | |
| Other non-current liabilities | $58.9M | $65M | $67.1M | $67.5M | $71.1M | $74.2M | $78.7M | $82.4M | $76.7M | $78.9M | $84M | $84.3M | |
| Non-current liabilities | $3.95B | $4.05B | $4.16B | $4.36B | $4.38B | $4.46B | $4.61B | $4.91B | $4.98B | $5.16B | $5.35B | $5.53B | |
| Total liabilities | $4.98B | $5.05B | $5.21B | $5.4B | $5.55B | $5.55B | $5.74B | $6.06B | $6.16B | $6.4B | $6.66B | $6.98B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $18.7M | $376K | $13.7M | $13.6M | $13.6M | $13.5M | $13.4M | $13.3M | $13M | $12.9M | $12.7M | $12.7M | |
| Retained earnings | $6.06B | $6.42B | $1.68B | $1.58B | $1.57B | $1.37B | $1.37B | $1.04B | $620M | $168M | -$67.2M | $154M | |
| Accumulated other comprehensive income | -$6.66M | -$7.95M | -$8.51M | -$7.44M | -$10.3M | -$9.85M | -$7.34M | -$7.93M | -$7.29M | -$8.01M | -$9.23M | -$9.31M | |
| Shareholders' equity | $3.06B | $3.36B | $3.71B | $3.61B | $3.66B | $3.49B | $3.53B | $3.22B | $2.83B | $2.41B | $2.2B | $2.46B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $4.05B | $4.16B | $4.28B | $4.48B | $4.54B | $4.63B | $4.78B | $4.98B | $5.08B | $5.25B | $5.42B | $5.6B | |
| Net debt (debt - cash) | $3.49B | $3.43B | $3.47B | $3.78B | $3.79B | $3.91B | $3.94B | $4.28B | $4.73B | $5B | $5.19B | $4.96B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $87.9M | $185M | $250M | $481M | $608M | $815M | $384M | $561M | $749M | $351M | |
| Short-term investments | $330M | $324M | $427M | $400M | $344M | $261M | $515M | $735M | $674M | $694M | |
| Receivables | $45.6M | $49.8M | $62.3M | $108M | $387M | $194M | $155M | $168M | $211M | $252M | |
| Inventory | $15M | $19.9M | $21.6M | $26.1M | $26.4M | $32.8M | $35.7M | $39.3M | $48.9M | $49.5M | |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.8M | $17.3M | $22.4M | |
| Current assets | $522M | $630M | $815M | $1.07B | $1.42B | $1.38B | $1.18B | $1.62B | $1.78B | $1.47B | |
| Property, plant & equipment (net) | $1.3B | $1.34B | $1.38B | $3.96B | $4.35B | $4.89B | $5.25B | $5.75B | $6.39B | $7.14B | |
| Long-term investments | $125M | $0 | $0 | $0 | $102M | $274M | $388M | $564M | $868M | $197M | |
| Goodwill | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | $21.9M | |
| Other non-current assets | $53.2M | $55.9M | $49.5M | $46.3M | $86.9M | $87.6M | $88.1M | $88.6M | $144M | $166M | |
| Non-current assets | $1.5B | $1.42B | $1.45B | $4.03B | $4.56B | $5.27B | $5.75B | $6.42B | $7.42B | $7.53B | |
| Total assets | $2.03B | $2.05B | $2.27B | $5.1B | $5.98B | $6.65B | $6.93B | $8.04B | $9.2B | $8.99B | |
| Liabilities | |||||||||||
| Accounts payable | $78.4M | $82M | $113M | $116M | $122M | $163M | $185M | $198M | $211M | $213M | |
| Accrued expenses | $124M | $159M | $235M | $210M | $290M | $255M | $282M | $272M | $325M | $302M | |
| Taxes payable | $20.4M | $18.9M | $5.13M | $26.5M | $26.4M | $32M | $35.6M | $42.1M | $47.2M | $0 | |
| Deferred revenue | $59.4M | $63.6M | $70.5M | $95.2M | $128M | $156M | $183M | $210M | $239M | $240M | |
| Other current liabilities | $0 | $0 | $4.66M | $45.7M | $51.2M | $48.1M | $0 | $60.7M | $69.6M | $83.4M | |
| Current liabilities | $282M | $324M | $450M | $667M | $822M | $874M | $922M | $1.03B | $1.17B | $1.19B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $2.68B | $2.95B | $3.3B | $3.5B | $3.8B | $4.26B | $4.77B | |
| Deferred tax liabilities | $18.9M | $814K | $11.6M | $37.8M | $149M | $142M | $98.6M | $89.1M | $46.2M | $126M | |
| Other non-current liabilities | $323M | $357M | $363M | $38.8M | $38.8M | $38.5M | $43.8M | $58.9M | $71.1M | $76.7M | |
| Non-current liabilities | $342M | $357M | $374M | $2.75B | $3.14B | $3.48B | $3.64B | $3.95B | $4.38B | $4.98B | |
| Total liabilities | $624M | $681M | $824M | $3.42B | $3.96B | $4.36B | $4.56B | $4.98B | $5.55B | $6.16B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $358K | $359K | $360K | $363K | $367K | $371K | $373K | $18.7M | $13.6M | $13M | |
| Retained earnings | $2.22B | $2.4B | $2.57B | $2.92B | $3.28B | $3.93B | $4.83B | $6.06B | $1.57B | $620M | |
| Accumulated other comprehensive income | -$8.16M | -$3.66M | -$6.24M | -$5.36M | -$4.23M | -$5.35M | -$7.89M | -$6.66M | -$10.3M | -$7.29M | |
| Shareholders' equity | $1.4B | $1.36B | $1.44B | $1.68B | $2.02B | $2.3B | $2.37B | $3.06B | $3.66B | $2.83B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $2.85B | $3.16B | $3.52B | $3.73B | $4.05B | $4.54B | $5.08B | |
| Net debt (debt - cash) | -$87.9M | -$185M | -$250M | $2.37B | $2.55B | $2.7B | $3.35B | $3.49B | $3.79B | $4.73B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02