vs
Chipotle Mexican Grill（CMG）与希尔顿（HLT）财务数据对比。点击上方公司名可切换其他公司
Chipotle Mexican Grill的季度营收约是希尔顿的1.0倍（$3.0B vs $2.9B），希尔顿净利率更高（13.0% vs 11.1%，领先1.9%），希尔顿同比增速更快（9.0% vs 4.9%），过去两年Chipotle Mexican Grill的营收复合增速更高（5.1% vs -0.2%）
Chipotle Mexican Grill（常简称为Chipotle）是源自美国的跨国休闲快餐连锁品牌，主营现点现做的碗餐、塔可、墨西哥卷饼等风味餐食，餐品制作过程全程向顾客公开。截至2025年12月，品牌全球门店数量已达4000家，品牌名来源于纳瓦特尔语中烟熏干哈拉佩尼奥辣椒的称谓。
希尔顿全球控股是美国跨国酒店管理集团，管理并特许经营涵盖酒店、度假村、分时度假物业在内的多元品牌矩阵。集团由康拉德·希尔顿于1919年5月创立，现任首席执行官为克里斯托弗·J·纳塞塔，总部位于美国弗吉尼亚州泰森斯。
CMG vs HLT — 直观对比
营收规模更大
CMG
是对方的1.0倍
$2.9B
营收增速更快
HLT
高出4.1%
4.9%
净利率更高
HLT
高出1.9%
11.1%
两年增速更快
CMG
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $2.9B |
| 净利润 | $330.9M | $383.0M |
| 毛利率 | — | — |
| 营业利润率 | 14.1% | 23.1% |
| 净利率 | 11.1% | 13.0% |
| 营收同比 | 4.9% | 9.0% |
| 净利润同比 | -0.3% | 27.7% |
| 每股收益（稀释后） | $0.25 | $1.66 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CMGHLT
| Q1 26 | — | $2.9B | ||
| Q4 25 | $3.0B | $3.1B | ||
| Q3 25 | $3.0B | $3.1B | ||
| Q2 25 | $3.1B | $3.1B | ||
| Q1 25 | $2.9B | $2.7B | ||
| Q4 24 | $2.8B | $2.8B | ||
| Q3 24 | $2.8B | $2.9B | ||
| Q2 24 | $3.0B | $3.0B |
净利润CMGHLT
| Q1 26 | — | $383.0M | ||
| Q4 25 | $330.9M | $297.0M | ||
| Q3 25 | $382.1M | $420.0M | ||
| Q2 25 | $436.1M | $440.0M | ||
| Q1 25 | $386.6M | $300.0M | ||
| Q4 24 | $331.8M | $505.0M | ||
| Q3 24 | $387.4M | $344.0M | ||
| Q2 24 | $455.7M | $421.0M |
营业利润率CMGHLT
| Q1 26 | — | 23.1% | ||
| Q4 25 | 14.1% | 19.5% | ||
| Q3 25 | 15.9% | 24.9% | ||
| Q2 25 | 18.2% | 24.8% | ||
| Q1 25 | 16.7% | 19.9% | ||
| Q4 24 | 14.6% | 17.6% | ||
| Q3 24 | 16.9% | 21.7% | ||
| Q2 24 | 19.7% | 24.6% |
净利率CMGHLT
| Q1 26 | — | 13.0% | ||
| Q4 25 | 11.1% | 9.6% | ||
| Q3 25 | 12.7% | 13.5% | ||
| Q2 25 | 14.2% | 14.0% | ||
| Q1 25 | 13.4% | 11.1% | ||
| Q4 24 | 11.7% | 18.1% | ||
| Q3 24 | 13.9% | 12.0% | ||
| Q2 24 | 15.3% | 14.3% |
每股收益（稀释后）CMGHLT
| Q1 26 | — | $1.66 | ||
| Q4 25 | $0.25 | $1.27 | ||
| Q3 25 | $0.29 | $1.78 | ||
| Q2 25 | $0.32 | $1.84 | ||
| Q1 25 | $0.28 | $1.23 | ||
| Q4 24 | $-12.51 | $2.05 | ||
| Q3 24 | $0.28 | $1.38 | ||
| Q2 24 | $0.33 | $1.67 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.0B | — |
| 总债务越低越好 | $0 | $12.4M |
| 股东权益账面价值 | $2.8B | — |
| 总资产 | $9.0B | — |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $918.0M | ||
| Q3 25 | $1.4B | $1.1B | ||
| Q2 25 | $1.5B | $371.0M | ||
| Q1 25 | $1.4B | $731.0M | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.5B | $731.0M |
总债务CMGHLT
| Q1 26 | — | $12.4M | ||
| Q4 25 | $0 | $12.3B | ||
| Q3 25 | — | $11.6B | ||
| Q2 25 | — | $10.9B | ||
| Q1 25 | — | $10.6B | ||
| Q4 24 | $0 | $10.6B | ||
| Q3 24 | — | $10.6B | ||
| Q2 24 | — | $9.6B |
股东权益CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | $-5.4B | ||
| Q3 25 | $3.2B | $-4.9B | ||
| Q2 25 | $3.5B | $-4.6B | ||
| Q1 25 | $3.5B | $-4.4B | ||
| Q4 24 | $3.7B | $-3.7B | ||
| Q3 24 | $3.6B | $-3.5B | ||
| Q2 24 | $3.7B | $-3.1B |
总资产CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | $9.0B | $16.8B | ||
| Q3 25 | $9.3B | $16.6B | ||
| Q2 25 | $9.3B | $15.9B | ||
| Q1 25 | $9.0B | $16.0B | ||
| Q4 24 | $9.2B | $16.5B | ||
| Q3 24 | $9.0B | $16.7B | ||
| Q2 24 | $8.9B | $15.7B |
负债/权益比CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $425.8M | — |
| 自由现金流经营现金流 - 资本支出 | $228.4M | — |
| 自由现金流率自由现金流/营收 | 7.7% | — |
| 资本支出强度资本支出/营收 | 6.6% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.29× | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | — |
8季度趋势，按日历期对齐
经营现金流CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | $425.8M | $203.0M | ||
| Q3 25 | $569.7M | $816.0M | ||
| Q2 25 | $561.3M | $658.0M | ||
| Q1 25 | $557.1M | $452.0M | ||
| Q4 24 | $526.8M | $582.0M | ||
| Q3 24 | $446.5M | $664.0M | ||
| Q2 24 | $562.6M | $421.0M |
自由现金流CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | $228.4M | $173.0M | ||
| Q3 25 | $406.2M | $787.0M | ||
| Q2 25 | $400.7M | $635.0M | ||
| Q1 25 | $412.3M | $433.0M | ||
| Q4 24 | $353.9M | $534.0M | ||
| Q3 24 | $299.0M | $647.0M | ||
| Q2 24 | $422.1M | $406.0M |
自由现金流率CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | 7.7% | 5.6% | ||
| Q3 25 | 13.5% | 25.2% | ||
| Q2 25 | 13.1% | 20.2% | ||
| Q1 25 | 14.3% | 16.1% | ||
| Q4 24 | 12.4% | 19.2% | ||
| Q3 24 | 10.7% | 22.6% | ||
| Q2 24 | 14.2% | 13.8% |
资本支出强度CMGHLT
| Q1 26 | — | 0.3% | ||
| Q4 25 | 6.6% | 1.0% | ||
| Q3 25 | 5.4% | 0.9% | ||
| Q2 25 | 5.2% | 0.7% | ||
| Q1 25 | 5.0% | 0.7% | ||
| Q4 24 | 6.1% | 1.7% | ||
| Q3 24 | 5.3% | 0.6% | ||
| Q2 24 | 4.7% | 0.5% |
现金转化率CMGHLT
| Q1 26 | — | — | ||
| Q4 25 | 1.29× | 0.68× | ||
| Q3 25 | 1.49× | 1.94× | ||
| Q2 25 | 1.29× | 1.50× | ||
| Q1 25 | 1.44× | 1.51× | ||
| Q4 24 | 1.59× | 1.15× | ||
| Q3 24 | 1.15× | 1.93× | ||
| Q2 24 | 1.23× | 1.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CMG
| U.S.Segment | $2.9B | 98% |
| Chipotle Rewards | $46.1M | 2% |
| Delivery Service | $14.3M | 0% |
HLT
暂无分部数据
