Chipotle mexican grill, inc. (CMG)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenue

5,688

5,586

5,371

5,192

5,024

4,864

4,750

4,653

4,555

4,476

4,400

4,309

4,138

3,904

3,867

4,047

4,246

4,501

4,573

4,440

4,293

4,108

3,882

3,625

3,392

3,214

3,069

2,943

2,817

2,731

2,628

2,520

2,400

2,269

2,155

2,040

1,935

1,835

1,740

1,652

0

0

0

Restaurant operating costs (exclusive of depreciation and amortization shown separately below):
Food, beverage and packaging

1,888

1,847

1,777

1,720

1,650

1,600

1,574

1,559

1,545

1,535

1,521

1,490

1,433

1,365

1,337

1,374

1,428

1,503

1,540

1,511

1,478

1,420

1,332

1,238

1,145

1,073

1,021

972

924

891

848

815

782

738

696

646

600

561

530

505

0

0

0

Labor

1,516

1,472

1,423

1,382

1,356

1,326

1,298

1,272

1,237

1,205

1,184

1,164

1,135

1,105

1,081

1,065

1,059

1,045

1,022

982

940

904

860

819

776

739

713

687

661

641

616

592

569

543

520

497

474

453

430

410

0

0

0

Occupancy

369

363

358

353

350

347

343

339

333

327

318

309

302

293

285

277

269

262

255

247

239

230

222

214

206

199

191

185

178

171

164

158

152

147

142

137

133

128

123

119

0

0

0

Other operating costs

796

760

737

724

706

680

665

660

649

651

645

648

637

641

609

578

556

514

491

467

452

434

416

395

365

347

332

317

297

286

274

264

260

251

237

225

216

202

192

184

0

0

0

General and administrative expenses

455

451

442

437

401

375

329

319

304

296

303

282

283

276

258

249

249

250

264

265

270

273

268

250

226

203

191

186

178

183

178

166

166

149

140

136

124

118

114

106

0

0

0

Depreciation and amortization

217

212

210

211

208

201

190

179

170

163

159

155

150

146

142

138

134

130

125

120

115

110

105

102

98

96

93

90

86

84

81

78

76

74

73

72

70

68

66

64

0

0

0

Pre-opening costs

13

11

7

6

6

8

9

10

10

12

13

15

16

17

18

18

17

16

15

15

14

15

16

17

16

15

14

12

12

11

11

11

9

8

7

7

7

7

7

7

0

0

0

Impairment, closure costs, and asset disposals

-25

-23

-27

-27

-68

-66

-59

-60

-14

-13

-11

-21

-25

-23

-27

-13

-11

-13

-9

-9

-9

-6

-6

-7

-6

-6

-6

-5

-5

-5

-8

-8

-8

-5

-9

-6

-3

-6

0

-2

0

0

0

Total operating expenses

5,284

5,142

4,985

4,864

4,749

4,606

4,471

4,401

4,265

4,205

4,159

4,089

3,984

3,869

3,759

3,714

3,727

3,737

3,725

3,620

3,520

3,397

3,230

3,043

2,843

2,681

2,563

2,456

2,343

2,275

2,181

2,092

2,022

1,918

1,824

1,730

1,634

1,548

1,472

1,404

0

0

0

Income from operations

404

443

385

327

275

258

278

251

290

270

241

220

154

34

107

332

519

763

847

820

772

710

652

581

548

532

505

486

473

455

447

427

377

350

330

310

301

287

268

248

0

0

0

Interest and other income, net

13

14

15

13

11

10

7

6

5

4

4

3

3

4

5

6

7

6

5

4

4

3

3

2

2

1

1

1

1

1

1

1

-0

-0

-1

-1

1

1

1

1

0

0

0

Interest and other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Income before income taxes

418

458

400

341

287

268

286

258

295

275

245

223

157

38

113

338

526

769

853

825

776

714

655

584

550

534

507

487

475

457

449

429

377

349

329

309

302

289

269

249

0

0

0

Benefit (provision) for income taxes

80

108

90

91

82

91

98

88

106

99

96

87

62

15

38

126

199

294

324

310

292

268

251

228

216

207

198

189

183

179

175

167

146

134

125

117

115

110

102

94

0

0

0

Net income

338

350

309

249

205

176

188

169

189

176

148

136

95

22

74

211

326

475

528

514

484

445

403

356

333

327

309

298

291

278

274

262

231

214

203

191

187

178

167

154

0

0

0

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on investments, net of tax benefit (expense) of $37, ($348), 131, and ($1,531)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss), net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

210

327

-

523

510

478

443

402

357

335

328

309

298

290

278

274

260

230

214

0

0

0

-

-

-

-

-

-

Earnings per share:
Basic

2.75

2.61

3.55

3.28

3.18

1.16

1.37

1.69

2.13

1.57

0.69

2.33

1.60

0.51

0.27

0.88

-0.88

2.19

4.65

4.51

3.95

3.91

4.22

3.55

2.67

2.57

2.70

2.84

2.47

1.96

2.28

2.58

2.00

1.84

1.93

1.63

1.49

1.50

1.55

1.48

1.20

1.09

1.11

Diluted

2.70

2.56

3.47

3.22

3.13

1.14

1.36

1.68

2.13

1.56

0.69

2.32

1.60

0.51

0.27

0.87

-0.88

2.18

4.59

4.45

3.88

3.84

4.15

3.50

2.64

2.54

2.66

2.82

2.45

1.95

2.27

2.56

1.97

1.81

1.90

1.59

1.46

1.47

1.52

1.46

1.19

1.08

1.10

Weighted-average common shares outstanding:
Basic

27

27

27

27

27

27

27

27

27

28

28

28

28

28

29

29

29

31

31

31

31

31

31

31

31

31

30

30

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

Diluted

28

28

28

28

28

27

28

27

27

28

28

28

28

30

29

29

29

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

31

32