Chipotle Mexican Grill (CMG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Chipotle Mexican Grill

NYSE•Consumer Cyclical•Restaurants

$33.51-0.17(-0.01%)Pre-market

Market Cap

$42.80B

P/E

30.2x

P/S

3.4x

P/B

19.5x

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, and the United Kingdom. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California.

How this company scores

GoodMetricSide Score: 70/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability17/25

Growth15/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality23/25

Strengths

High ROEInterest easily coveredCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 30.2x5y range 27.9x – 75.2x

Currently below its 20-quarter median.

P/S · 3.4x5y range 3.3x – 8.1x

Currently below its 20-quarter median.

P/B · 19.5x5y range 16.2x – 23.5x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 11.9% — watch for continued compression, which may signal competitive or cost pressure.

Price & Volume

Market Cap $42.80B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $12.42B
Q. Revenue: $3.35B
TTM EBITDA: $2.20B
TTM Op. Income: $1.82B
Q. Op. Income: $525.60M
TTM Net Income: $1.42B
Q. Net Income: $403.55M
EPS: $0.32
Shares Out.: $1.28B

$12.42B in TTM revenue grew 7.3% YoY, reaching $3.35B last quarter. TTM EBITDA of $2.20B and TTM operating income of $1.82B show growth is flowing through to the bottom line. TTM net income of $1.42B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 18.6%
Op. Margin: 15.7%
Net Margin: 12.1%

Op. margin of 15.7% is down 2.6% YoY — costs are rising relative to revenue. Net margin at 12.1% Over the past year, operating margin is down 14% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 30.2x
P/S Ratio: 3.4x
P/B Ratio: 19.5x

At 30.2x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 3.4x and P/B of 19.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 38% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $8.86B
Cash: $228.20M
Long-Term Debt: N/A
Book Value: $2.20B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $680.65M
TTM Free Cash Flow: $1.57B
FCF Margin: 12.6%
FCF / Net Income: 1.1

TTM FCF of $1.57B on $680.65M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.