CMG vs MCD
Chipotle Mexican Grill Inc. and Mcdonalds Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CMG | MCD |
|---|---|---|
| Revenue | $11.9B | $26.9B |
| Net income | $1.5B | $8.6B |
| Gross margin | · | · |
| Net margin | 12.9% | 31.9% |
| Return on equity | 47.4% | · |
| Diluted EPS | $1.14 | $11.95 |
| Dividend / share | · | $7.17 |
| Payout ratio | · | 59.7% |
| Free cash flow | $1.4B | $7.2B |
| Equity | $2.8B | $-1.8B |
| Net debt / equity | −0.12× | · |
| Current ratio | 1.23× | 0.95× |
| Revenue CAGR 5y | 14.8% | 7.0% |
| Profit CAGR 5y | 34.0% | 12.6% |
MCD bills 2.3× the revenue of CMG, and keeps more of each dollar of revenue as profit (31.9% against 12.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CMG | MCD |
|---|---|---|
| FY2025 | $11.9B | $26.9B |
| FY2024 | $11.3B | $25.9B |
| FY2023 | $9.9B | $25.5B |
| FY2022 | $8.6B | $23.2B |
| FY2021 | $7.5B | $23.2B |
| FY2020 | $6.0B | $19.2B |
| FY2019 | $5.6B | $21.4B |
| FY2018 | $4.9B | $21.3B |
| FY2017 | $4.5B | $22.8B |
| FY2016 | $3.9B | $24.6B |
Bottom line
| Fiscal year | CMG | MCD |
|---|---|---|
| FY2025 | $1.5B | $8.6B |
| FY2024 | $1.5B | $8.2B |
| FY2023 | $1.2B | $8.5B |
| FY2022 | $899.1M | $6.2B |
| FY2021 | $653.0M | $7.5B |
| FY2020 | $355.8M | $4.7B |
| FY2019 | $350.2M | $6.0B |
| FY2018 | $176.6M | $5.9B |
| FY2017 | $176.3M | $5.2B |
| FY2016 | $22.9M | $4.7B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$14,959,399,000 | MCD |
| FY2024 | −$14,606,147,000 | MCD |
| FY2023 | −$15,622,351,000 | MCD |
| FY2022 | −$14,548,348,000 | MCD |
| FY2021 | −$15,675,839,000 | MCD |
| FY2020 | −$13,223,166,000 | MCD |
| FY2019 | −$15,778,031,000 | MCD |
| FY2018 | −$16,392,915,000 | MCD |
| FY2017 | −$18,343,988,000 | MCD |
| FY2016 | −$20,717,516,000 | MCD |
MCD has reported the higher revenue in every one of these 10 fiscal years. The gap has narrowed since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −19.0 pp | MCD |
| FY2024 | −18.2 pp | MCD |
| FY2023 | −20.8 pp | MCD |
| FY2022 | −16.2 pp | MCD |
| FY2021 | −23.8 pp | MCD |
| FY2020 | −18.7 pp | MCD |
| FY2019 | −21.9 pp | MCD |
| FY2018 | −24.2 pp | MCD |
| FY2017 | −18.8 pp | MCD |
| FY2016 | −18.4 pp | MCD |
MCD has kept the higher net margin in every one of these 10 fiscal years.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MCD's net margin has been more volatile than CMG's over the 10 comparable fiscal years — 4.4 percentage points of standard deviation against 4.2.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MCD led in net margin in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MCD's return on equity has been more volatile than CMG's over the 8 comparable fiscal years — 4.3 percentage points of standard deviation against 3.9.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MCD led in return on equity in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.