Mostly Markets

Chipotle Mexican GrillCMG

Restaurants · Newport Beach, California · In the S&P 500
Solid businessPricier than peers
$31.89+1.95%After hours: $31.80 (−0.28%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 19.8% over 1 year
Chipotle Mexican Grill over 1 yearDaily close, $, to 30 Oct 2026
$30$35$40Nov2026MarMayJulSep$31.89$30$35$40NovMarJul$31.89
Source: Nasdaq daily closes
Market value$40.34B
Price to earnings29.9x
Forward P/E25.8x
Dividend yield–
Year to date−13.8%
One year−19.8%
Next earningsNot scheduled
52-week range (closes)
$27.52$40.87

Quality and valuation

How Chipotle Mexican Grill compares with other consumer discretionary stocks. A description, not a recommendation.

Chipotle Mexican Grill and 6 restaurants peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among consumer discretionary companies, priced above most of them.

Chipotle Mexican Grill trades at 25.8 times the next 12 months of expected earnings, against a median of 19.5x for the 66 consumer discretionary stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +7.9% vs +8.1%
  • More profitable (operating margin): 14.1% vs 13.8%
  • Turns more of its sales into cash: 11.9% vs 10.1%
CMG trades at 25.8x forward earnings, above the sector medianForward p/e, Restaurants peers
DPZ15.7xDRI19.2xMCD19.6xYUM23.9xCMG25.8xSBUX34.9xCAVA90.1xSector median 19.5xDPZ15.7xDRI19.2xMCD19.6xYUM23.9xCMG25.8xSBUX34.9xCAVA90.1xSector median 19.5x
Source: CNBC quotes; Mostly Markets
At 29.8x earnings, CMG is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
40x50x60xAverage 38.5x2025202629.8x40x60xAverage 38.5x2025202629.8x
Source: Nasdaq prices; SEC filings

Financials

From Chipotle Mexican Grill's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 9.6% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$1bn$2bn$3bnQ4 ’24Q2 ’25Q4 ’25$3.3bnQ3 ’26$0bn$2bnQ4 ’24Q2 ’25Q4 ’25$3.3bnQ3 ’26
Source: SEC filings
Growth sped up to +9.6% last quarterRevenue growth, year on year, %
0%5%10%Q4 ’24Q2 ’25Q4 ’259.6%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’259.6%Q3 ’26
Source: SEC filings
Operating margin was 13.7% last quarterOperating income as a share of revenue, %
0%5%10%15%Q4 ’24Q2 ’25Q4 ’2513.7%Q3 ’260%10%Q4 ’24Q2 ’25Q4 ’2513.7%Q3 ’26
Source: SEC filings
Free cash flow was $1.5 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$347mQ3 ’26$0m$200m$400mQ4 ’24Q2 ’25Q4 ’25$347mQ3 ’26
Source: SEC filings
Last 12 monthsCMGSector median
Revenue growth+7.9%+8.1%
Operating margin14.1%13.8%
Free cash flow margin11.9%10.1%
Price to earnings29.9x21.0x

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