Skip to main content
GoodMoatv1.1
Sign in
CMG logo

CMG

CompareEarnings: May 31, 2026

Chipotle Mexican Grill

Exchange: NYSESector: Consumer CyclicalIndustry: Restaurants

Chipotle Mexican Grill, Inc. is cultivating a better world by serving responsibly sourced, classically cooked, real food with wholesome ingredients and without artificial colors, flavors or preservatives. There are over 4,000 restaurants as of December 31, 2025, in the United States, Canada, the United Kingdom, France, Germany, and the Middle East, and it is the only restaurant company of its size that owns and operates all its restaurants in North America and Europe. With over 130,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices.

Did you know?

CMG's revenue grew at a 13.5% CAGR over the last 6 years.

Current Price

$33.06

-1.31%

GoodMoat Value

$33.66

1.8% undervalued
Profile
Valuation (TTM)
Market Cap$43.71B
P/E28.46
EV$48.10B
P/B15.44
Shares Out1.32B
P/Sales3.67
Revenue$11.93B
EV/EBITDA20.12

Chipotle Mexican Grill (CMG) Financial Statements

GoodMoat Analysis

Based on data as of March 26, 2026

Chipotle exhibits exceptionally high returns on capital and strong free cash flow, hallmarks of a quality business. However, its revenue growth has slowed significantly, and its balance sheet carries a notable level of debt, which warrants a closer look.

Read full analysis
Chipotle's financial quality is a mix of outstanding strengths and notable concerns. The company's 54.3% Return on Equity (ROE) is exceptionally high, far exceeding the 15-20% threshold for a high ROIC, indicating superb capital efficiency. Its free cash flow generation is also strong, with a 3.4% FCF yield and a 12.9% profit margin, suggesting healthy cash conversion. However, the growth assessment reveals a significant deceleration, with YoY revenue growth at just 4.9%, which is well below the 20%+ threshold for sustained high growth and does not support a high CAGR. Regarding the balance sheet, the Debt/Equity ratio of 1.79 is elevated, indicating a reliance on debt financing that contrasts with the framework's preference for a substantial net cash position. While the 16.2% operating margin is robust, the provided data lacks gross margin figures to confirm stability or expansion. For a value investor, the combination of world-class profitability and slowing growth creates a complex picture where the premium valuation must be justified by the durability of these high returns.

CMG Financial Data

EBITDA$2.37B
Revenue (TTM)$11.93B
Gross Profit (TTM)$3.03B
Gross Margin—
Operating Margin16.23%
ROE54.26%
ROA17.07%
Debt/Equity1.79
Current Ratio1.23
FCF$1.45B
FCF Yield3.31%
Piotroski F-Score—
Rev/Share (TTM)$9.02
50-Day MA$35.87
200-Day MA$39.83
Shares Outstanding1.32B

CMG Computed Insights

FCF$1.45B
FCF Growth Rate23.82%
EPS Growth (CAGR)23.82%
WACC10.00%

Income Statement

Balance Sheet

Cash Flow Statement

CMG Financial Statements & Data

Chipotle Mexican Grill (CMG) financial data including income statement, balance sheet, and cash flow statement. This page provides a comprehensive view of Chipotle Mexican Grill's financial performance and position as a Consumer Cyclical company.

Trailing twelve-month (TTM) revenue is $11.93B. Gross profit (TTM) is $3.03B. EBITDA is $2.37B. Earnings per share (EPS) is $1.14. The P/E ratio is 28.46. Market capitalization is $43.71B.

Free cash flow (FCF) is $1.45B. FCF growth rate is 23.82%. EPS growth CAGR is 23.82%. Weighted average cost of capital (WACC) is 10.00%.

Historical revenue data covers 7 years from FY19 to FY25. Net income history spans 7 years. Free cash flow and capital expenditure data spans 7 years. GoodMoat displays interactive charts for revenue, net income, FCF vs CAPEX, and cash-to-debt ratios to help investors identify financial trends.

Use Chipotle Mexican Grill's financial data to assess the company's earnings quality, balance sheet health, and cash generation. Compare key metrics across periods to identify trends before making investment decisions with GoodMoat's valuation tools.