What was the total revenue and income for Chick Fil A in 2022?
Chick_Fil_A Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Liabilities and Stockholders' Equity | ||
| Current Liabilities | ||
| Accounts payable | ||
| Trade payables and other | $ 905,609,438 | $ 896,163,982 |
| Restaurant activity liability | 135,325,099 | 231,257,539 |
| Due to restaurant franchisees | 195,944,222 | 138,233,452 |
| Total accounts payable | 1,236,878,759 | 1,265,654,973 |
| Accrued expenses and obligations | 242,414,633 | 283,902,519 |
| Income taxes payable | 29,867,103 | - |
| Notes payable | 236,394,757 | 30,401,705 |
| Operating lease liabilities | 118,579,771 | 112,052,586 |
| Finance lease liabilities | 53,322,991 | 41,553,895 |
| Other current liabilities | 20,153,582 | 19,909,921 |
| Total current liabilities | $ 1,937,611,596 | $ 1,753,475,599 |
| Long-term notes payable | 2,833,904,072 | 2,322,353,377 |
| Long-term operating lease liabilities | 2,586,688,422 | 2,619,846,497 |
| Long-term finance lease liabilities | 1,749,459,883 | 1,413,377,775 |
| Deferred income taxes | 457,716,993 | 452,357,000 |
| Other long-term liabilities | 1,178,808,759 | 832,818,054 |
| Total liabilities | $ 10,744,189,725 | $ 9,394,228,302 |
| Commitments and contingencies (Note 14) | ||
| Stockholders' equity | ||
| Common stock | ||
| Voting shares of $.01 par value; 20,000,000 shares | ||
| authorized; 110,806 shares in 2024 and 2023 issued and | ||
| outstanding | 1,108 | 1,108 |
| Nonvoting shares of $.01 par value; 180,000,000 shares | ||
| authorized; 69,695,122 shares issued and 55,312,194 shares | ||
| outstanding in 2024 and 70,545,501 shares issued and | ||
| 56,162,573 shares outstanding in 2023 | 696,951 | 705,455 |
| Preferred stock, $.01 par value; 3,000,000 shares authorized; | ||
| 2,733,225 shares in 2024 and 2023 issued and outstanding | 27,332 | 27,332 |
| Treasury stock, nonvoting shares at par value | (143,829) | (143,829) |
| Additional paid-in capital | 541,616,431 | 537,173,257 |
| Accumulated other comprehensive loss | ( |
Source: Item 23 — Receipts (FDD pages 103–600)
What This Means (2025 FDD)
According to Chick Fil A's 2025 Franchise Disclosure Document, the total revenue and income for Chick-fil-A in 2022 was $6,373,786,108. This figure represents the consolidated revenue and income of Chick-fil-A, encompassing various sources such as franchise fees, rental income, sales from company-operated restaurants, licensee fees, product sales, and other income. Understanding this total revenue figure provides insight into the overall financial scale and performance of Chick-fil-A as a franchise system.
Breaking down the revenue streams, Chick-fil-A's 2022 revenue included $3,571,607,329 from franchise fees, $1,331,359,932 from rental income, $310,400,266 from company-operated restaurant sales, $50,464,443 from licensee fees, $1,019,404,359 from product sales, and $90,549,779 from other income. These figures illustrate the diverse ways in which Chick-fil-A generates revenue, with franchise fees and rental income being significant contributors. The revenue from company-operated restaurants and licensee fees also plays a notable role in the overall financial picture.
For a prospective franchisee, knowing the composition of Chick-fil-A's revenue is crucial. It highlights the importance of franchise fees and rental income to the franchisor's financial health. The substantial revenue from product sales also indicates the scale of Chick-fil-A's supply chain operations. Understanding these different revenue streams can help a franchisee appreciate the financial dynamics between themselves and the franchisor, as well as the overall stability and profitability of the Chick-fil-A system.