Inside the research
Chipotle Mexican Grill, Inc.
CMG Research profile · latest available data
Price overview
$31.33
▼ -0.68 (-2.1%)
| 52w hi | $42.36 |
|---|---|
| 52w lo | $28.18 |
| Vol | 13.26M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.15
| Short | -0.02 |
|---|---|
| Medium | -0.22 |
| Long | -0.28 |
computed 2026-09-27
Key fundamentals
Chipotle Mexican Grill, Inc.
Consumer Cyclical · Restaurants
| Market cap | $39.65B |
|---|---|
| Enterprise value | $44.39B |
| Trailing P/E | 29.01x |
| Forward P/E | 22.85x |
| EV / EBITDA | 19.51x |
| P / S (ttm) | 3.19x |
| Profit margin | 11.4% |
| Return on equity | 49.6% |
| Revenue growth | +9.3% |
| Earnings growth | -1.3% |
| Debt / equity | 246.35 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.15 | |
| Sector | -0.03 | |
| Technical | -0.04 | |
| Earnings | +0.00 | |
| Sentiment | -0.07 |
macro × 1.00 · 2026-09-27
Business overview
Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. The company sells food and beverages, such as burritos, burrito bowls, quesadillas, tacos, and salads, as well as kids' meals, chips, and sides. It also offers Mexican-inspired meals using responsibly sourced meats, such as chicken, beef, and pork under the Responsibly Raised brand. In addition, the company provides digital ordering through its website, mobile app, and third-party delivery platforms. It operates in the United States, Canada, France, Germany, South Korea, and the United Kingdom. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California.
Risk Metrics
| Beta vs SPX | 0.85 |
|---|---|
| Corr SPX | 0.36 |
| Annual vol | 38.2% |
| Annual ret | -22.7% |
| Sharpe | -0.59 |
| Max DD | -57.4% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $43.50 |
|---|---|
| High / Low | $52.00 / $35.00 |
| Median | $44.00 |
| Analysts | 34 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 23 | |
| Hold | 11 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-05 | Argus Research | → Buy |
| 2026-05-01 | Guggenheim | → Neutral |
| 2026-04-30 | TD Cowen | → Buy |
| 2026-04-30 | Stephens & Co. | → Equal-Weight |
| 2026-04-30 | RBC Capital | → Outperform |
| 2026-04-30 | Piper Sandler | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Reg FD Disclosure | read |
| 2026-07-29 | Earnings Release, Other Material Event… | read |
| 2026-07-08 | Other Material Event | read |
| 2026-06-17 | Shareholder Vote | read |
| 2026-04-29 | Earnings Release, Exhibits | read |
| 2026-04-27 | Reg FD Disclosure, Exhibits | read |
| 2026-02-03 | Earnings Release, Exhibits | read |
| 2026-01-12 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-12-08 | Reg FD Disclosure | read |
| 2025-11-25 | Officer / Director Change, Exhibits | read |
| 2025-10-29 | Earnings Release, Exhibits | read |
| 2025-09-15 | Reg FD Disclosure | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-07 | Machado Fernando | Chief Brand Officer | Grant | 76.24K | — |
| 2026-06-11 | WINSTON MARY A | Grant | 6.88K | $215.00K | |
| 2026-06-11 | weinstein joshua ian | Grant | 6.88K | $215.00K | |
| 2026-06-11 | Maw Scott Harlan | Grant | 6.88K | $215.00K | |
| 2026-06-11 | Hickenlooper Robin S | Grant | 6.88K | $215.00K | |
| 2026-06-11 | Gutierrez Mauricio | Grant | 6.88K | $215.00K | |
| 2026-06-11 | Fuentes Laura | Grant | 6.88K | $215.00K | |
| 2026-06-11 | FILIKRUSHEL PATRICIA | Grant | 6.88K | $215.00K | |
| 2026-06-11 | Carey Matt | Grant | 6.88K | $215.00K | |
| 2026-06-11 | Baldocchi Albert S | Grant | 6.88K | $215.00K |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 95.8% |
| HHI | 3,095 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $1.89B | 55.67M |
| Fidelity / FMR LLC | $1.17B | 34.29M |
| Citadel Advisors | $592.40M | 17.42M |
| Capital Research / Capital World | $185.73M | 5.46M |
| AQR Capital Management | $153.56M | 4.63M |
| Renaissance Technologies | $114.40M | 3.36M |
| Millennium Management | $55.07M | 1.62M |
| Bridgewater Associates | $2.51M | 73.87K |
| T. Rowe Price Group | $1.32M | 38.69M |
As of 2026-06-30
Connections
Subsidiarys: Pizzeria Locale (2013–2023)
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $11.31B | +16.4% | |
| Operating income | $1.94B | +20.1% | |
| Net income | $1.23B | +20.2% | |
| Cash from ops | $2.11B | +24.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $31.95 | $32.23 | $31.30 | $31.33 | 13.26M |
| Sep 24 | $32.57 | $32.94 | $31.65 | $32.01 | 15.54M |
| Sep 23 | $32.50 | $32.93 | $32.10 | $32.71 | 18.15M |
| Sep 22 | $33.62 | $33.75 | $32.57 | $32.63 | 12.06M |
| Sep 21 | $33.70 | $33.70 | $32.77 | $33.14 | 11.59M |
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