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

$33.26+0.35(0.01%)After hours

Market Cap

$40.35B

P/E

29.3x

P/S

3.2x

P/B

16.4x

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.

How this company scores

GoodMetricSide Score: 62/100

Strongest: Cash & Earnings Quality (18/25); weakest: Profitability (14/25).

Profitability14/25

Growth15/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality18/25

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 · 29.3x5y range 27.9x – 75.2x

Currently below its 20-quarter median.

P/S · 3.2x5y range 3.2x – 8.1x

Currently below its 20-quarter median.

P/B · 16.4x5y 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 13.8% — watch for continued compression, which may signal competitive or cost pressure.

Price & Volume

Market Cap $40.35B

Metrics at a Glance

as of September 2026

Revenue & Profit

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

TTM Revenue: $12.71B
Q. Revenue: $3.29B
TTM EBITDA: $2.19B
TTM Op. Income: $1.79B
Q. Op. Income: $451.96M
TTM Net Income: $1.38B
Q. Net Income: $339.87M
EPS: $0.27
Shares Out.: $1.27B

$12.71B in TTM revenue grew 7.9% YoY, reaching $3.29B last quarter. TTM EBITDA of $2.19B and TTM operating income of $1.79B show growth is flowing through to the bottom line. TTM net income of $1.38B 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: 16.8%
Op. Margin: 13.7%
Net Margin: 10.3%

Op. margin of 13.7% is down 2.2% YoY — costs are rising relative to revenue. Net margin at 10.3% Over the past year, operating margin is down 14% — a weakening trend.

Price Ratios

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

P/E Ratio: 29.3x
P/S Ratio: 3.2x
P/B Ratio: 16.4x

At 29.3x P/E, the stock trades within typical market levels. P/S of 3.2x and P/B of 16.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 15% — an improving trend.

Assets & Liabilities

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

Total Assets: $9.43B
Cash: $634.21M
Long-Term Debt: N/A
Book Value: $2.46B
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: $590.13M
TTM Free Cash Flow: $1.51B
FCF Margin: 11.9%
FCF / Net Income: 1.1

TTM FCF of $1.51B on $590.13M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 4% — a weakening trend.