(CMG) Chipotle Mexican Grill - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1696561059

Stock:

Total Rating 50
Risk 80
Buy Signal -0.70
Risk 5d forecast
Volatility 38.8%
Relative Tail Risk -10.1%
Reward TTM
Sharpe Ratio -0.79
Alpha -45.54
Character TTM
Beta 0.880
Beta Downside 0.814
Drawdowns 3y
Max DD 56.51%
CAGR/Max DD 0.13

EPS (Earnings per Share)

EPS (Earnings per Share) of CMG over the last years for every Quarter: "2020-12": 0.0696, "2021-03": 0.1072, "2021-06": 0.1492, "2021-09": 0.1404, "2021-12": 0.1116, "2022-03": 0.114, "2022-06": 0.186, "2022-09": 0.1902, "2022-12": 0.1658, "2023-03": 0.21, "2023-06": 0.253, "2023-09": 0.2272, "2023-12": 0.2072, "2024-03": 0.2674, "2024-06": 0.34, "2024-09": 0.27, "2024-12": 0.25, "2025-03": 0.29, "2025-06": 0.33, "2025-09": 0.29, "2025-12": 0.25,

Revenue

Revenue of CMG over the last years for every Quarter: 2020-12: 1607.71, 2021-03: 1741.575, 2021-06: 1892.538, 2021-09: 1952.315, 2021-12: 1960.633, 2022-03: 2020.539, 2022-06: 2213.339, 2022-09: 2220.175, 2022-12: 2180.599, 2023-03: 2368.58, 2023-06: 2514.801, 2023-09: 2471.948, 2023-12: 2516.32, 2024-03: 2701.848, 2024-06: 2973.117, 2024-09: 2793.576, 2024-12: 2845.31, 2025-03: 2875.253, 2025-06: 3063.393, 2025-09: 3003.444, 2025-12: 2983.511,

Description: CMG Chipotle Mexican Grill

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages, such as burritos, burrito bowls, quesadillas, tacos, and salads, as well as kids's meals, chips, and sides. It offers Mexican-inspired meals using responsibly sourced meats, such as chicken, beef, and pork branded as Responsibly Raised. The company also provides digital ordering through its website, mobile app, and third-party delivery platforms. It has operations in the United States, Canada, France, Germany, and the United Kingdom. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income: 1.54b TTM > 0 and > 6% of Revenue
FCF/TA: 0.16 > 0.02 and ΔFCF/TA -0.33 > 1.0
NWC/Revenue: 2.34% < 20% (prev 5.41%; Δ -3.07% < -1%)
CFO/TA 0.24 > 3% & CFO 2.11b > Net Income 1.54b
Net Debt (9.50b) to EBITDA (2.36b): 4.02 < 3
Current Ratio: 1.23 > 1.5 & < 3
Outstanding Shares: last quarter (1.32b) vs 12m ago -3.57% < -2%
Gross Margin: 24.60% > 18% (prev 0.27%; Δ 2433 % > 0.5%)
Asset Turnover: 131.1% > 50% (prev 122.9%; Δ 8.14% > 0%)
Interest Coverage Ratio: -254.2 > 6 (EBITDA TTM 2.36b / Interest Expense TTM -7.88m)

Altman Z'' 2.01

A: 0.03 (Total Current Assets 1.47b - Total Current Liabilities 1.19b) / Total Assets 8.99b
B: 0.07 (Retained Earnings 619.9m / Total Assets 8.99b)
C: 0.22 (EBIT TTM 2.00b / Avg Total Assets 9.10b)
D: 0.10 (Book Value of Equity 625.7m / Total Liabilities 6.16b)
Altman-Z'' Score: 2.01 = BBB

Beneish M -3.25

DSRI: 1.11 (Receivables 247.9m/211.2m, Revenue 11.93b/11.31b)
GMI: 1.08 (GM 24.60% / 26.67%)
AQI: 0.38 (AQ_t 0.04 / AQ_t-1 0.11)
SGI: 1.05 (Revenue 11.93b / 11.31b)
TATA: -0.06 (NI 1.54b - CFO 2.11b) / TA 8.99b)
Beneish M-Score: -3.25 (Cap -4..+1) = AA

What is the price of CMG shares?

As of February 28, 2026, the stock is trading at USD 37.22 with a total of 20,752,997 shares traded.
Over the past week, the price has changed by -0.85%, over one month by -6.13%, over three months by +7.82% and over the past year by -29.43%.

Is CMG a buy, sell or hold?

Chipotle Mexican Grill has received a consensus analysts rating of 4.29. Therefore, it is recommended to buy CMG.
  • StrongBuy: 20
  • Buy: 4
  • Hold: 10
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CMG price?

Issuer Target Up/Down from current
Wallstreet Target Price 44.3 19.1%
Analysts Target Price 44.3 19.1%

CMG Fundamental Data Overview February 22, 2026

P/E Trailing = 32.9298
P/E Forward = 30.7692
P/S = 4.1623
P/B = 16.7024
P/EG = 1.9141
Revenue TTM = 11.93b USD
EBIT TTM = 2.00b USD
EBITDA TTM = 2.36b USD
Long Term Debt = 5.08b USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 302.4m USD (from shortTermDebt, last quarter)
Debt = 9.85b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.50b USD (from netDebt column, last quarter)
Enterprise Value = 59.14b USD (49.64b + Debt 9.85b - CCE 350.5m)
Interest Coverage Ratio = -254.2 (Ebit TTM 2.00b / Interest Expense TTM -7.88m)
EV/FCF = 40.85x (Enterprise Value 59.14b / FCF TTM 1.45b)
FCF Yield = 2.45% (FCF TTM 1.45b / Enterprise Value 59.14b)
FCF Margin = 12.14% (FCF TTM 1.45b / Revenue TTM 11.93b)
Net Margin = 12.88% (Net Income TTM 1.54b / Revenue TTM 11.93b)
Gross Margin = 24.60% ((Revenue TTM 11.93b - Cost of Revenue TTM 8.99b) / Revenue TTM)
Gross Margin QoQ = 20.31% (prev 24.49%)
Tobins Q-Ratio = 6.57 (Enterprise Value 59.14b / Total Assets 8.99b)
Interest Expense / Debt = 0.09% (Interest Expense 8.95m / Debt 9.85b)
Taxrate = 23.69% (102.7m / 433.6m)
NOPAT = 1.53b (EBIT 2.00b * (1 - 23.69%))
Current Ratio = 1.23 (Total Current Assets 1.47b / Total Current Liabilities 1.19b)
Debt / Equity = 3.48 (Debt 9.85b / totalStockholderEquity, last quarter 2.83b)
Debt / EBITDA = 4.02 (Net Debt 9.50b / EBITDA 2.36b)
Debt / FCF = 6.56 (Net Debt 9.50b / FCF TTM 1.45b)
Total Stockholder Equity = 3.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.88% (Net Income 1.54b / Total Assets 8.99b)
RoE = 47.00% (Net Income TTM 1.54b / Total Stockholder Equity 3.27b)
RoCE = 23.99% (EBIT 2.00b / Capital Employed (Equity 3.27b + L.T.Debt 5.08b))
RoIC = 46.74% (NOPAT 1.53b / Invested Capital 3.27b)
WACC = 7.65% (E(49.64b)/V(59.49b) * Re(9.16%) + D(9.85b)/V(59.49b) * Rd(0.09%) * (1-Tc(0.24)))
Discount Rate = 9.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.24%
[DCF] Terminal Value 82.22% ; FCFF base≈1.47b ; Y1≈1.79b ; Y5≈2.96b
[DCF] Fair Price = 34.14 (EV 53.96b - Net Debt 9.50b = Equity 44.46b / Shares 1.30b; r=7.65% [WACC]; 5y FCF grow 23.27% → 2.90% )
EPS Correlation: 79.67 | EPS CAGR: 23.29% | SUE: 0.81 | # QB: 0
Revenue Correlation: 95.69 | Revenue CAGR: 10.95% | SUE: 0.47 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.23 | Chg7d=+0.000 | Chg30d=-0.040 | Revisions Net=-28 | Analysts=34
EPS current Year (2026-12-31): EPS=1.14 | Chg7d=+0.000 | Chg30d=-0.074 | Revisions Net=-32 | Growth EPS=-2.3% | Growth Revenue=+8.6%
EPS next Year (2027-12-31): EPS=1.37 | Chg7d=+0.000 | Chg30d=-0.067 | Revisions Net=-19 | Growth EPS=+19.9% | Growth Revenue=+11.2%
[Analyst] Revisions Ratio: -1.00 (0 Up / 28 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.1% (Discount Rate 9.2% - Earnings Yield 3.0%)
[Growth] Growth Spread = +0.2% (Analyst 6.4% - Implied 6.1%)

Additional Sources for CMG Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle