# CHIPOTLE MEXICAN GRILL, INC. (CMG) FY2024 Annual P&L / Income Statement

- Company: CHIPOTLE MEXICAN GRILL, INC. (CMG)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-05, accession number 0001058090-25-000014
- Page: https://plicit.ai/financials/cmg/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/cmg-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 11,313,853,000 US dollars
- **Cost of revenue (calculated)**: 6,164,305,000 US dollars
- **Gross profit (calculated)**: 5,149,548,000 US dollars
- **Operating expenses (calculated)**: 3,233,215,000 US dollars
- **Income from operations**: 1,916,333,000 US dollars
- **Other income (expense), net (calculated)**: 93,897,000 US dollars
- **Income before income taxes**: 2,010,230,000 US dollars
- **Provision for income taxes**: 476,120,000 US dollars
- **Net income**: 1,534,110,000 US dollars
- **Food and beverage revenue**: 11,247,384,000 US dollars
- **Delivery service revenue**: 66,469,000 US dollars
- **Food, beverage and packaging**: 3,374,516,000 US dollars
- **Labor**: 2,789,789,000 US dollars
- **Occupancy**: 563,374,000 US dollars
- **Other operating costs**: 1,568,482,000 US dollars
- **General and administrative expenses**: 697,483,000 US dollars
- **Depreciation and amortization**: 335,030,000 US dollars
- **Pre-opening costs**: 41,897,000 US dollars
- **Impairment, closure costs, and asset disposals**: 26,949,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.