Name: Chipotle Mexican Grill Inc. (NYSE:CMG) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Assets: Selected Items

Download chart

Current Assets: Selected Items

Download chart

Chipotle Mexican Grill Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	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
Cash and cash equivalents	634,210)	228,199)	246,636)	350,545)	698,743)	844,524)	725,597)	748,537)	698,547)	806,528)	727,394)	560,609)	602,307)	504,866)	409,727)	384,000)	366,623)	520,933)	615,863)	815,374)	721,109)	668,269)	694,776)
Accounts receivable, net	99,544)	100,307)	94,934)	156,466)	95,844)	105,004)	101,594)	143,963)	93,202)	97,542)	89,836)	115,535)	71,122)	60,985)	65,869)	106,880)	71,276)	83,636)	89,295)	99,599)	76,099)	75,697)	68,449)
Inventory	48,867)	46,622)	44,685)	49,508)	46,436)	40,402)	41,387)	48,942)	49,848)	35,560)	37,947)	39,309)	40,177)	36,004)	34,599)	35,668)	33,752)	29,456)	29,852)	32,826)	28,450)	25,159)	24,304)
Prepaid expenses and other current assets	121,068)	115,953)	126,278)	120,450)	100,542)	96,506)	103,945)	97,538)	87,896)	91,852)	98,118)	117,462)	104,038)	103,422)	98,389)	86,412)	76,439)	73,716)	70,403)	78,756)	72,821)	71,613)	61,615)
Income tax receivable	—)	—)	—)	91,393)	109,684)	80,721)	—)	67,229)	82,087)	71,529)	—)	52,960)	—)	—)	—)	47,741)	112,064)	97,874)	50,701)	94,064)	318,593)	284,612)	244,122)
Current investments	268,354)	449,658)	624,786)	698,591)	722,531)	701,968)	689,125)	674,378)	668,676)	683,287)	692,474)	734,838)	851,699)	851,142)	652,858)	515,136)	417,278)	240,684)	240,379)	260,945)	301,534)	322,460)	363,585)
Current assets	1,172,043)	940,739)	1,137,319)	1,466,953)	1,773,780)	1,869,125)	1,661,648)	1,780,587)	1,680,256)	1,786,298)	1,645,769)	1,620,713)	1,669,343)	1,556,419)	1,261,442)	1,175,837)	1,077,432)	1,046,299)	1,096,493)	1,381,564)	1,518,606)	1,447,810)	1,456,851)
Leasehold improvements, property and equipment, net	3,038,421)	2,866,970)	2,767,047)	2,679,361)	2,594,005)	2,503,429)	2,436,762)	2,390,126)	2,320,395)	2,265,694)	2,202,739)	2,170,038)	2,093,011)	2,021,964)	1,981,329)	1,951,147)	1,871,623)	1,813,348)	1,779,521)	1,769,278)	1,719,224)	1,666,184)	1,613,670)
Long-term investments	100,365)	97,079)	96,397)	197,123)	347,694)	518,680)	701,056)	868,025)	892,487)	972,644)	776,815)	564,488)	473,247)	430,762)	368,023)	388,055)	442,620)	359,911)	333,088)	274,311)	188,344)	150,814)	110,928)
Restricted cash	35,799)	35,554)	35,662)	35,364)	30,893)	30,704)	30,526)	29,842)	27,969)	27,664)	26,138)	25,554)	25,315)	25,106)	25,133)	24,966)	30,974)	30,895)	30,872)	30,856)	27,891)	27,877)	27,863)
Operating lease assets	4,928,149)	4,768,273)	4,614,939)	4,463,010)	4,385,099)	4,203,989)	4,075,748)	4,000,127)	3,954,689)	3,770,997)	3,670,983)	3,578,548)	3,555,808)	3,433,719)	3,334,277)	3,302,402)	3,309,051)	3,209,934)	3,147,061)	3,118,294)	3,094,045)	2,945,912)	2,858,345)
Other assets	135,967)	134,031)	129,916)	130,781)	128,438)	120,928)	116,415)	113,728)	113,935)	74,599)	66,866)	63,082)	72,830)	62,526)	61,229)	63,158)	63,798)	63,010)	58,283)	56,716)	57,518)	59,918)	59,463)
Goodwill	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)
Long-term assets	8,260,640)	7,923,846)	7,665,900)	7,527,578)	7,508,068)	7,399,669)	7,382,446)	7,423,787)	7,331,414)	7,133,537)	6,765,480)	6,423,649)	6,242,150)	5,996,016)	5,791,930)	5,751,667)	5,740,005)	5,499,037)	5,370,764)	5,271,394)	5,108,961)	4,872,644)	4,692,208)
Total assets	9,432,683)	8,864,585)	8,803,219)	8,994,531)	9,281,848)	9,268,794)	9,044,094)	9,204,374)	9,011,670)	8,919,835)	8,411,249)	8,044,362)	7,911,493)	7,552,435)	7,053,372)	6,927,504)	6,817,437)	6,545,336)	6,467,257)	6,652,958)	6,627,567)	6,320,454)	6,149,059)

Total assets exhibit a sustained long-term growth trajectory, increasing from $6.15 billion in March 2021 to $9.43 billion by September 2026. This expansion is primarily driven by the growth of long-term assets, which rose from $4.69 billion to $8.26 billion over the analyzed period, while current assets experienced more volatility, peaking at $1.87 billion in June 2025 before moderating to $1.17 billion by September 2026.

Liquidity and Cash Management: Cash and cash equivalents demonstrate significant fluctuations, characterized by a period of accumulation peaking at $844.5 million in June 2025, followed by a sharp contraction to a low of $228.2 million in June 2026. A subsequent recovery to $634.2 million by September 2026 is observed. Similarly, current investments peaked in September 2023 at $851.7 million but entered a steady decline thereafter, ending at $268.4 million in September 2026, suggesting a strategic reallocation of liquid capital.
Fixed Asset Expansion: A consistent upward trend is evident in leasehold improvements, property, and equipment, which grew from $1.61 billion in March 2021 to $3.04 billion by September 2026. This is complemented by the growth in operating lease assets, which nearly doubled from $2.86 billion to $4.93 billion over the same period. These patterns indicate a continuous and aggressive investment in the physical store footprint and infrastructure.
Investment Portfolio Shifts: Long-term investments showed a period of substantial growth, reaching a peak of $972.6 million in June 2024. However, a marked divestment trend followed, with the balance dropping to $100.4 million by September 2026. This shift, occurring alongside the decline in current investments, indicates a significant reduction in the total investment portfolio in the latter half of the period.
Working Capital Trends: Inventory levels remained relatively low as a percentage of total assets but showed a gradual increase from $24.3 million in March 2021 to $48.9 million in September 2026. Accounts receivable exhibited volatility, peaking at $156.5 million in September 2025. Prepaid expenses and other current assets grew steadily from $61.6 million to $121.1 million, reflecting the scale of operations.
Other Asset Observations: Goodwill remained completely static at $21.9 million throughout the entire period, indicating no significant acquisitions resulting in goodwill recognition. Income tax receivables showed irregular patterns, with peaks in early 2021 and 2025, reflecting the timing of tax payments and refunds.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.

How can I help you?

Chipotle Mexican Grill Inc. (NYSE:CMG)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data