Chipotle Mexican Grill Inc (CMG) — Working Capital to Net Assets Ratio
Chipotle Mexican Grill Inc (CMG) has a Working Capital to Net Assets ratio of -4.2% as of March 2026. Working capital of $-100.03 Million (current assets of $1.14 Billion minus current liabilities of $1.24 Billion) is measured against net assets of $2.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CMG financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Chipotle Mexican Grill Inc Working Capital to Net Assets (2001–2025)
This chart shows how Chipotle Mexican Grill Inc's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at -4.2%, reflecting working capital of $-100.03 Million against net assets of $2.41 Billion USD. See CMG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Chipotle Mexican Grill Inc (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Chipotle Mexican Grill Inc from 2001 to 2025, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Chipotle Mexican Grill Inc (CMG) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.8% | $278.81 Million | $2.83 Billion | $1.47 Billion | $1.19 Billion | ▼ -6.9 pp |
| 2024 | 16.7% | $611.82 Million | $3.66 Billion | $1.78 Billion | $1.17 Billion | ▼ -2.5 pp |
| 2023 | 19.3% | $590.09 Million | $3.06 Billion | $1.62 Billion | $1.03 Billion | ▲ +8.5 pp |
| 2022 | 10.7% | $253.96 Million | $2.37 Billion | $1.18 Billion | $921.88 Million | ▼ -11.4 pp |
| 2021 | 22.1% | $507.88 Million | $2.30 Billion | $1.38 Billion | $873.68 Million | ▼ -7.5 pp |
| 2020 | 29.6% | $598.04 Million | $2.02 Billion | $1.42 Billion | $822.20 Million | ▲ +5.5 pp |
| 2019 | 24.1% | $405.61 Million | $1.68 Billion | $1.07 Billion | $666.59 Million | ▼ -1.2 pp |
| 2018 | 25.3% | $364.80 Million | $1.44 Billion | $814.79 Million | $449.99 Million | ▲ +2.9 pp |
| 2017 | 22.4% | $305.64 Million | $1.36 Billion | $629.53 Million | $323.89 Million | ▲ +5.2 pp |
| 2016 | 17.2% | $240.58 Million | $1.40 Billion | $522.37 Million | $281.79 Million | ▼ -8.0 pp |
| 2015 | 25.1% | $534.71 Million | $2.13 Billion | $814.65 Million | $279.94 Million | ▼ -6.3 pp |
| 2014 | 31.4% | $632.77 Million | $2.01 Billion | $878.48 Million | $245.71 Million | ▲ +1.1 pp |
| 2013 | 30.4% | $467.08 Million | $1.54 Billion | $666.31 Million | $199.23 Million | ▲ +1.5 pp |
| 2012 | 28.9% | $359.75 Million | $1.25 Billion | $546.61 Million | $186.85 Million | ▼ -4.0 pp |
| 2011 | 32.9% | $343.74 Million | $1.04 Billion | $501.19 Million | $157.45 Million | ▼ -2.0 pp |
| 2010 | 34.9% | $283.17 Million | $810.87 Million | $406.22 Million | $123.05 Million | ▲ +7.2 pp |
| 2009 | 27.8% | $195.30 Million | $703.46 Million | $297.45 Million | $102.15 Million | ▲ +6.2 pp |
| 2008 | 21.6% | $134.28 Million | $622.59 Million | $211.07 Million | $76.79 Million | ▼ -1.3 pp |
| 2007 | 22.9% | $128.54 Million | $562.11 Million | $201.84 Million | $73.30 Million | ▼ -2.0 pp |
| 2006 | 24.8% | $117.64 Million | $473.96 Million | $178.84 Million | $61.20 Million | ▲ +32.6 pp |
| 2005 | -7.8% | $-24.16 Million | $309.35 Million | $17.82 Million | $41.98 Million | ▲ +3.0 pp |
| 2004 | -10.8% | $-28.33 Million | $262.57 Million | $10.33 Million | $38.66 Million | ▲ +5.1 pp |
| 2003 | -15.9% | $-30.43 Million | $191.51 Million | $7.83 Million | $38.27 Million | ▼ -15.5 pp |
| 2002 | -0.4% | $-585.00K | $161.25 Million | $20.22 Million | $20.81 Million | ▲ +2.9 pp |
| 2001 | -3.3% | $-4.09 Million | $123.70 Million | $10.82 Million | $14.91 Million | — |