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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) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Chipotle is a high-performing, premium fast-casual restaurant chain with a strong brand and operational excellence, evidenced by an ROE of 54.3%. However, its valuation appears full, with a P/E of 28x and modest revenue growth of 4.9%, which may limit the margin of safety for a value investor.

Read full analysis
Chipotle Mexican Grill operates and franchises a chain of fast-casual restaurants focused on a limited menu of burritos, tacos, and bowls made with what it markets as high-quality, sustainably sourced ingredients. Its customers are primarily younger, health-conscious consumers willing to pay a premium for customizable, fresh food in a quick-service setting. Using the GoodMoat framework, Chipotle's primary competitive advantages (moat) are its powerful brand and culture (criterion #6), which drive customer loyalty, and its scale privilege and supply chain advantages (#8, #12) that provide cost and consistency benefits. Its founder-led history and high insider ownership also align with criterion #11. However, the business model faces risks outlined in Section 5, including potential margin compression from rising food costs and high valuation multiples. The current P/E of 28x is elevated for a company with 4.9% YoY revenue growth, and the debt-to-equity ratio of 1.79 indicates a leveraged balance sheet, which is a point of scrutiny. A value investor might be interested in its exceptional profitability metrics like a 54.3% ROE and 16.2% operating margin, but would likely be cautious given the high valuation relative to its current growth rate, which offers a thin margin of safety. Analysis based on data as of 2024-05-15.

CMG Company Information

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.

Sector

Consumer Cyclical

Industry

Restaurants

Exchange

NYSE

Country

California, USA

CMG Key Officers

Key officers data coming soon

CMG Company Profile

Chipotle Mexican Grill (CMG) is a Consumer Cyclical company in the Restaurants industry. It trades on NYSE. The company is based in California, USA.

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.

Market cap is $43.71B. There are 1322.3M shares outstanding.

See the full Chipotle Mexican Grill profile on GoodMoat. It covers key officers, financial metrics, and sector details. You can also use GoodMoat's DCF calculator, fair value models, and quality score to help decide if CMG is a good investment.