Operating Profit Margin
since 2005
Calculation
Chipotle Mexican Grill Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Income from operations1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 15.78% | = | 100 | × | 1,557,813) | ÷ | 9,871,649) |
| Dec 31, 2022 | 13.44% | = | 100 | × | 1,160,403) | ÷ | 8,634,652) |
| Dec 31, 2021 | 10.67% | = | 100 | × | 804,943) | ÷ | 7,547,061) |
| Dec 31, 2020 | 4.85% | = | 100 | × | 290,164) | ÷ | 5,984,634) |
| Dec 31, 2019 | 7.95% | = | 100 | × | 443,958) | ÷ | 5,586,369) |
| Dec 31, 2018 | 5.31% | = | 100 | × | 258,368) | ÷ | 4,864,985) |
| Dec 31, 2017 | 6.05% | = | 100 | × | 270,794) | ÷ | 4,476,412) |
| Dec 31, 2016 | 0.89% | = | 100 | × | 34,567) | ÷ | 3,904,384) |
| Dec 31, 2015 | 16.96% | = | 100 | × | 763,589) | ÷ | 4,501,223) |
| Dec 31, 2014 | 17.30% | = | 100 | × | 710,800) | ÷ | 4,108,269) |
| Dec 31, 2013 | 16.57% | = | 100 | × | 532,720) | ÷ | 3,214,591) |
| Dec 31, 2012 | 16.69% | = | 100 | × | 455,865) | ÷ | 2,731,224) |
| Dec 31, 2011 | 15.45% | = | 100 | × | 350,562) | ÷ | 2,269,548) |
| Dec 31, 2010 | 15.68% | = | 100 | × | 287,831) | ÷ | 1,835,922) |
| Dec 31, 2009 | 13.42% | = | 100 | × | 203,705) | ÷ | 1,518,417) |
| Dec 31, 2008 | 9.31% | = | 100 | × | 124,039) | ÷ | 1,331,968) |
| Dec 31, 2007 | 9.96% | = | 100 | × | 108,183) | ÷ | 1,085,782) |
| Dec 31, 2006 | 7.53% | = | 100 | × | 61,952) | ÷ | 822,930) |
| Dec 31, 2005 | 4.94% | = | 100 | × | 30,994) | ÷ | 627,695) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Chipotle Mexican Grill Inc., operating profit margin, long-term trends, comparison to competitors
| Chipotle Mexican Grill Inc. | Airbnb Inc. | Booking Holdings Inc. | McDonald’s Corp. | Starbucks Corp. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 15.78% | 15.31% | 27.31% | 45.68% | 16.32% |
| Dec 31, 2022 | 13.44% | 21.45% | 29.85% | 40.42% | 14.32% |
| Dec 31, 2021 | 10.67% | 7.17% | 22.78% | 44.59% | 16.77% |
| Dec 31, 2020 | 4.85% | -106.27% | -9.28% | 38.13% | 6.64% |
| Dec 31, 2019 | 7.95% | — | 35.48% | 43.03% | 15.38% |
| Dec 31, 2018 | 5.31% | — | 36.77% | 41.96% | 15.71% |
| Dec 31, 2017 | 6.05% | — | 35.79% | 41.86% | 18.47% |
| Dec 31, 2016 | 0.89% | — | 27.05% | 31.45% | 19.57% |
| Dec 31, 2015 | 16.96% | — | 35.33% | 28.12% | 18.79% |
| Dec 31, 2014 | 17.30% | — | 36.41% | 28.97% | 18.73% |
| Dec 31, 2013 | 16.57% | — | 35.51% | 31.18% | -2.19% |
| Dec 31, 2012 | 16.69% | — | 34.78% | 31.21% | 15.02% |
| Dec 31, 2011 | 15.45% | — | 32.12% | 31.58% | 14.77% |
| Dec 31, 2010 | 15.68% | — | 25.50% | 31.04% | 13.26% |
| Dec 31, 2009 | 13.42% | — | 20.14% | 30.08% | 5.75% |
| Dec 31, 2008 | 9.31% | — | 15.36% | 27.39% | 4.85% |
| Dec 31, 2007 | 9.96% | — | 9.79% | 17.02% | 11.20% |
| Dec 31, 2006 | 7.53% | — | 5.52% | 20.59% | 11.48% |
| Dec 31, 2005 | 4.94% | — | 3.73% | 19.66% | 12.26% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).