Company / SG&A Expense
Chipotle Mexican Grill SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$652.0M
FY2025
5-year range
$564.2M / $697.5M
FY2021-FY2025
Trend
-6.5%
vs FY2024
Sector context
#101 of 211
Consumer Discretionary
What the data says
At $652M, Chipotle Mexican Grill's sg&a expense ranks #111 of 211 in the Consumer Discretionary sector. SG&A Expense has fluctuated over the past 10 years, ranging from $276M in FY2016 to $697M in FY2024.
Based on SEC 10-K filings.
$652M in FY2025 with a 5-year CAGR of +6.9%.
Increased from $634M to $652M over the past 2 years.
Consumer Discretionary sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +4.9%
- 5-Year CAGR
- +6.9%
- 10-Year CAGR
- -
Sector benchmark
#111 of 211 in Consumer DiscretionaryTop 52% of 211This company $652.0M Sector average $1.5B
▼
-57.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.9%, indicating consistent growth.
- In FY2025, sg&a expense decreased 6.5% year-over-year.
- Ranks #101 out of 211 companies in the Consumer Discretionary sector.
- Peak sg&a expense was recorded in FY2024.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 47.7%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $652.0M | -6.5% |
| FY2024 | $697.5M | +10.1% |
| FY2023 | $633.6M | +12.3% |
| FY2022 | $564.2M | -7.0% |
| FY2021 | $606.9M | +30.1% |
| FY2020 | $466.3M | +3.3% |
| FY2019 | $451.6M | +20.3% |
| FY2018 | $375.5M | +26.7% |
| FY2017 | $296.4M | +7.3% |
| FY2016 | $276.2M | +10.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026