Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc.

35.20
USD
+1.94
(+5.83%)
1.07EPS
29.90P/E
40.42BMarket Cap
Feb 09Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.08
2.65
2.9
2.67
3.14
3.5
4.03
4.29
5.37
6.2
7.17
8.27
8.92
9.86
Basic EPS, GAAP
0.21
0.29
0.31
0.02
0.12
0.13
0.25
0.25
0.46
0.65
0.89
1.12
1.15
1.07
Free Cash Flow per Basic Share
0.21
0.28
0.27
0.07
0.18
0.24
0.28
0.21
0.6
0.61
0.89
1.1
1.08
1.17
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.99
1.3
1.39
0.97
0.97
1.04
1.21
1.44
1.64
1.71
2.23
2.69
2.17
1.94
Tangible Book Value per Share
0.98
1.28
1.38
0.96
0.96
1.02
1.2
1.43
1.62
1.7
2.22
2.67
2.15
1.92
Basic Weighted Avg Shares
1,548
1,552
1,555
1,463
1,425
1,391
1,387
1,396
1,407
1,393
1,378
1,368
1,337
1,289
Sales/Revenue/Turnover
3,215
4,108
4,501
3,904
4,476
4,865
5,586
5,985
7,547
8,635
9,872
11,314
11,926
12,713
Operating Margin (%)
17.26
17.85
17.63
1.94
6.62
6.86
8.56
5.62
11.2
14.03
16.54
17.55
16.88
14.95
Depreciation Expense
96
110
130
146
163
202
213
239
255
287
319
335
361
390
Net Income, GAAP
327
445
476
23
176
177
350
356
653
899
1,229
1,534
1,536
1,377
Effective Tax Rate (%)
38.74
37.65
38.22
40.79
36.08
34.23
23.59
- -
19.66
23.9
24.18
23.68
23.58
24.74
Profit Margin (%)
10.19
10.84
10.57
0.59
3.94
3.63
6.27
5.94
8.65
10.41
12.45
13.56
12.88
10.83
Working Capital
467
614
535
241
306
365
406
598
508
254
590
612
279
-275
LT Debt
- -
- -
- -
- -
- -
- -
2,678
2,952
3,302
3,495
3,804
4,263
4,773
5,277
Total Equity
1,538
2,012
2,128
1,402
1,364
1,441
1,683
2,020
2,297
2,368
3,062
3,656
2,831
2,455
Return on Invested Capital (%)
23.18
24.7
22.59
1.15
12.34
11.92
11.25
- -
11.7
14.74
17.78
19
18.27
16.51
Return on Capital (%)
23.49
25.09
22.97
1.3
12.74
12.58
11.72
- -
11.88
15.09
18.6
20.04
19.07
16.94
Return on Common Equity (%)
23.52
25.09
22.97
1.3
12.74
12.58
22.41
19.21
30.25
38.54
45.26
45.67
47.36
48.52

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
310
317
322
LT Borrowings
- -
- -
- -
LT Finance Leases
4,936
5,102
5,277
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,287
1,268
1,265
Market Capitalization
41,198
43,106
40,416

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
1,137
941
1,172
Cash, Cash Equivalents & STI
869
672
899
Accounts Receivable, Net
95
100
100
Inventories
45
47
49
Total Current Liabilities
1,237
1,315
1,447
Payables & Accruals
720
779
901
ST Debt
310
317
322
Deferred Revenue
207
219
224

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.86%
8.58%
-22.57%
Free Cash Flow
36.13%
50.76%
-4.23%
Net Income, GAAP
85.62%
36.57%
0.11%
Sales/Revenue/Turnover
10.69%
14.97%
5.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,702
2,973
2,794
2,845
11,314
2025
2,875
3,063
3,003
2,984
11,926
2026
3,088
3,349
3,293
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.33
0.28
0.24
1.12
2025
0.29
0.32
0.29
0.25
1.15
2026
0.23
0.32
0.27
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Scott Boatwright
Full Time Employees
130,301
Sector
Consumer services
Industry
Restaurants
Address
610 Newport Center Drive Newport Beach CA United States 92660
IPO Date
Jan 26, 2006
Business
Chipotle Mexican Grill, Inc. (CMG) operates a chain of fast-casual restaurants specializing in customizable Mexican-inspired meals made with fresh, responsibly sourced ingredients. The company offers burritos, burrito bowls, quesadillas, tacos, salads, lifestyle bowls, kids' meals, chips, sides, drinks, and limited beer and margaritas at select locations; it emphasizes Food with Integrity principles, using naturally raised meats, organic produce, and whole ingredients. Founded in 1993 by Steve Ells and headquartered in Newport Beach, California, Chipotle owns and operates over 3,200 restaurants primarily in the United States across 48 states and the District of Columbia, with additional locations in Canada, France, Germany, and the United Kingdom. Chipotle serves consumers seeking quick-service dining with higher-quality options, targeting a broad demographic through digital ordering, loyalty rewards, catering services, and innovations like build-your-own meal kits for groups. The company maintains full ownership of its restaurants and pursues sustainability through supplier partnerships focused on organic and local sourcing. Recent developments include minority investments via its $100 million Cultivate Next venture fund, such as in AI supply chain platform Lumachain for real-time traceability and waste reduction, and Mediterranean fast-casual concept Brassica to support expansion with fresh-ingredient aligned brands in 2024; the fund also backs automation technologies like Vebu's Autocado and Hyphen's makeline, now in restaurant testing, alongside sustainability startups including Plantible for plant-based proteins and CH4 Global for livestock emissions reduction. In 2025, Chipotle reported third-quarter revenue of $3.0 billion, up 7.5% year-over-year, reflecting ongoing expansion toward 7,000 locations. The company relocated its headquarters to Newport Beach from Denver in 2018 and continues testing operational enhancements like automation in select sites.

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