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Chipotle Mexican Grill vs Darden Restaurants: revenue, profit, margins and growth compared

Chipotle Mexican Grill brought in $11.9B of revenue in fiscal 2025, Darden Restaurants $13.2B in fiscal 2026. Revenue changed by +5.4% at Chipotle Mexican Grill and +9.4% at Darden Restaurants on the year before, so Darden Restaurants grew faster. Chipotle Mexican Grill kept 12.9% of its revenue as net profit, Darden Restaurants 9.1%. Free cash flow was $1.4B at Chipotle Mexican Grill and $1.1B at Darden Restaurants.

Side by side, latest fiscal year

CMGDRI
Fiscal year endedFY2025 (December 31, 2025)FY2026 (May 31, 2026)
Revenue$11.9B$13.2B
Revenue growth+5.4%+9.4%
Net income$1.5B$1.2B
Net margin12.9%9.1%
Free cash flow$1.4B$1.1B
Free cash flow margin12.1%8.5%
Earnings per share (diluted)$1.14$10.38
Cash$350.5M$219.5M
Debt$0$1.6B
Price to earnings27.519.2
Market value$39.6B$22.8B
Dividend yieldn/a3.00%
Rank by revenue in sector#107 of 778 · Consumer discretionary#98 of 778 · Consumer discretionary

Over the years

Revenue
CMG FY2018: $4.9BCMG FY2019: $5.6BCMG FY2020: $6BCMG FY2021: $7.5BCMG FY2022: $8.6BCMG FY2023: $9.9BCMG FY2024: $11.3BCMG FY2025: $11.9BDRI FY2019: $8.5BDRI FY2020: $7.8BDRI FY2021: $7.2BDRI FY2022: $9.6BDRI FY2023: $10.5BDRI FY2024: $11.4BDRI FY2025: $12.1BDRI FY2026: $13.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CMG $11.9BDRI $13.2B
Net income
CMG FY2018: $176.6MCMG FY2019: $350.2MCMG FY2020: $355.8MCMG FY2021: $653MCMG FY2022: $899.1MCMG FY2023: $1.2BCMG FY2024: $1.5BCMG FY2025: $1.5BDRI FY2019: $713.4MDRI FY2020: -$52.4MDRI FY2021: $629.3MDRI FY2022: $952.8MDRI FY2023: $981.9MDRI FY2024: $1BDRI FY2025: $1BDRI FY2026: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CMG $1.5BDRI $1.2B
Net margin
CMG FY2018: 3.6%CMG FY2019: 6.3%CMG FY2020: 5.9%CMG FY2021: 8.7%CMG FY2022: 10.4%CMG FY2023: 12.4%CMG FY2024: 13.6%CMG FY2025: 12.9%DRI FY2019: 8.4%DRI FY2020: -0.7%DRI FY2021: 8.7%DRI FY2022: 9.9%DRI FY2023: 9.4%DRI FY2024: 9.0%DRI FY2025: 8.7%DRI FY2026: 9.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CMG 12.9%DRI 9.1%
Revenue growth
CMG FY2019: +14.8%CMG FY2020: +7.1%CMG FY2021: +26.1%CMG FY2022: +14.4%CMG FY2023: +14.3%CMG FY2024: +14.6%CMG FY2025: +5.4%DRI FY2020: -8.3%DRI FY2021: -7.8%DRI FY2022: +33.8%DRI FY2023: +8.9%DRI FY2024: +8.6%DRI FY2025: +6.0%DRI FY2026: +9.4%FY19FY20FY21FY22FY23FY24FY25FY26
CMG +5.4%DRI +9.4%
Free cash flow
CMG FY2018: $334.2MCMG FY2019: $387.7MCMG FY2020: $290.5MCMG FY2021: $839.6MCMG FY2022: $844MCMG FY2023: $1.2BCMG FY2024: $1.5BCMG FY2025: $1.4BDRI FY2019: $815.6MDRI FY2020: $257.5MDRI FY2021: $938.6MDRI FY2022: $887.7MDRI FY2023: $987.9MDRI FY2024: $1BDRI FY2025: $1.1BDRI FY2026: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CMG $1.4BDRI $1.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Chipotle Mexican Grill and Darden Restaurants

Which is bigger by revenue, Chipotle Mexican Grill or Darden Restaurants?

Darden Restaurants is bigger by revenue: $13.2B in fiscal 2026, against $11.9B for Chipotle Mexican Grill in fiscal 2025.

Which keeps more of its revenue as profit, Chipotle Mexican Grill or Darden Restaurants?

Chipotle Mexican Grill had a net margin of 12.9% in fiscal 2025; Darden Restaurants had 9.1% in fiscal 2026.

Which grew revenue faster, Chipotle Mexican Grill or Darden Restaurants?

In their latest fiscal years revenue changed by +5.4% at Chipotle Mexican Grill and +9.4% at Darden Restaurants.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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