Chipotle Mexican Grill CMG Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$34.43 down $0.97, 2.74% at close Nov 6
Last close · Previous close $35.40
- Market cap
- At the Nov 6 close
- P/E ratio
- 32.18On last 12 months’ EPS
- Diluted EPS
- $1.07Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$34.43down $0.97, 2.74%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$35.40Nov 5
- Volume15.58MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume22.47MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $27.31 to $41.42; now $34.43
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
CMG beat the S&P 500 in 4 of 7 periods.
| Period | CMG and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CMG: up 11.4% S&P 500: down 5.6% | CMG beat the S&P 500 by 17.0 percentage points Beat |
| 3M | CMG: up 2.1% S&P 500: down 4.1% | CMG beat the S&P 500 by 6.2 percentage points Beat |
| YTD | CMG: down 6.9% S&P 500: up 8.7% | CMG trailed the S&P 500 by 15.6 percentage points Trailed |
| 1Y | CMG: up 12.7% S&P 500: up 10.9% | CMG beat the S&P 500 by 1.8 percentage points Beat |
| Long term | ||
| 3Y | CMG: down 16.8% S&P 500: up 75.0% −5.9% vs +20.5% a year | CMG trailed the S&P 500 by 91.8 percentage points Trailed |
| 5Y | CMG: down 4.1% S&P 500: up 67.8% −0.8% vs +10.9% a year | CMG trailed the S&P 500 by 71.9 percentage points Trailed |
| 10Y | CMG: up 364.7% S&P 500: up 313.1% +16.6% vs +15.2% a year | CMG beat the S&P 500 by 51.6 percentage points Beat |
$10,000 invested in CMG 10 years ago (Nov 4, 2016) would be worth about $46,473 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
CMG beat the S&P 500 in 4 of 7 periods.
| Period | CMG and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | CMG: up 11.4% S&P 500: down 5.6% | CMG beat the S&P 500 by 17.0 percentage points Beat |
| 3M | CMG: up 2.1% S&P 500: down 4.3% | CMG beat the S&P 500 by 6.4 percentage points Beat |
| YTD | CMG: down 6.9% S&P 500: up 7.8% | CMG trailed the S&P 500 by 14.7 percentage points Trailed |
| 1Y | CMG: up 12.7% S&P 500: up 9.7% | CMG beat the S&P 500 by 3.0 percentage points Beat |
| Long term | ||
| 3Y | CMG: down 16.8% S&P 500: up 68.8% −5.9% vs +19.1% a year | CMG trailed the S&P 500 by 85.6 percentage points Trailed |
| 5Y | CMG: down 4.1% S&P 500: up 56.9% −0.8% vs +9.4% a year | CMG trailed the S&P 500 by 61.0 percentage points Trailed |
| 10Y | CMG: up 364.7% S&P 500: up 252.6% +16.6% vs +13.4% a year | CMG beat the S&P 500 by 112.1 percentage points Beat |
$10,000 invested in CMG 10 years ago (Nov 4, 2016) would be worth about $46,473 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$68.55
Closing high on . Now 49.8% below that record.
Split-adjusted daily closes since Jan 26, 2006.
Stock splits
1
50-for-1 on . One share bought before the first split is 50 shares today.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $12.71Bup 7.9%
- Net income
- $1.38Bdown 10.4%
- Diluted EPS
- $1.07down 5.3%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 31, 2024) | $2.85B | $331.76M | $0.24 |
| Q1 FY25 (Mar 31, 2025) | $2.88B | $386.60M | $0.28 |
| Q2 FY25 (Jun 30, 2025) | $3.06B | $436.13M | $0.32 |
| Q3 FY25 (Sep 30, 2025) | $3.00B | $382.10M | $0.29 |
| Q4 FY25 (Dec 31, 2025) | $2.98B | $330.93M | $0.25 |
| Q1 FY26 (Mar 31, 2026) | $3.09B | $302.82M | $0.23 |
| Q2 FY26 (Jun 30, 2026) | $3.35B | $403.55M | $0.32 |
| Q3 FY26 (Sep 30, 2026) | $3.29B | $339.87M | $0.27 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $7.55B | $652.98M | Paused See the note under the price. |
| FY22 (Dec 31, 2022) | $8.63B | $899.10M | Paused See the note under the price. |
| FY23 (Dec 31, 2023) | $9.87B | $1.23B | Paused See the note under the price. |
| FY24 (Dec 31, 2024) | $11.31B | $1.53B | $1.11 |
| FY25 (Dec 31, 2025) | $11.93B | $1.54B | $1.14 |
Margins
- Gross 23.8%
- Operating 14.1%
- Net 10.8%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $1.51BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$2.35BLast 12 months
- Capital spending$838.05MLast 12 months
- 11.9%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $2.21BLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$2.21BLast 12 months
146% of free cash flow
Balance sheet
- $1.04BAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
- Total debt$5.60BAs of Sep 30, 2026
- Net debt$4.56BAs of Sep 30, 2026
- 0.81As of Sep 30, 2026
Current assets divided by current liabilities on the Sep 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 2.28As of Sep 30, 2026
Total debt divided by shareholders’ equity on the Sep 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 5 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✗Gross margin improved: not passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 55.7%Last 12 months
Over the last 12 months, Chipotle Mexican Grill’s net income was 55.7% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return. ROE can run this high when equity is small, for example after years of large share buybacks.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 15.3%Last 12 months
Over the last 12 months, Chipotle Mexican Grill’s net income was 15.3% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc. is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. There are over 4,200 restaurants as of September 30, 2026, in the United States, Canada, the United Kingdom, France, Germany, Mexico, the Middle East, and South Korea. Chipotle is the only restaurant company of its size that owns and operates all its restaurants in the United States, Canada and Europe. With nearly 140,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices.
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Headquarters
- California, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
CMG news
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CMG stock FAQ
What is CMG stock’s price today?
Chipotle Mexican Grill (CMG) traded at $34.43 at the close on , down $0.97 (2.74%) from the previous close of $35.40. Over the past 52 weeks it has traded between $27.31 and $41.42.
If you invested $1,000 in CMG 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in CMG on would be worth about $4,647 at the close on , a total return of +364.7%. The same $1,000 would be worth $959 if invested five years ago, $1,127 if invested one year ago, and $29,549 if invested 20 years ago. Past performance doesn’t predict future returns.
What is CMG’s P/E ratio?
CMG trades at 32.2 times its diluted earnings over the four quarters to ($1.07 per share), at the close. (How the P/E ratio works.)
How much revenue does Chipotle Mexican Grill make?
Chipotle Mexican Grill reported $12.7 billion of revenue over the four quarters to , up 7.9% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $3.3 billion, up 9.6% from a year earlier.
Is Chipotle Mexican Grill profitable?
Yes. Chipotle Mexican Grill earned $1.4 billion of net income over the four quarters to , a net margin of 10.8%, and its operating margin was 14.1% (what margins tell you).
What are CMG’s earnings per share?
CMG’s diluted earnings per share were $1.07 over the four quarters to , compared with $1.13 in the twelve months before. The latest quarter (Q3 FY26) brought $0.27 per share, against $0.29 a year earlier (how EPS works).
Does CMG pay a dividend?
Chipotle Mexican Grill hasn’t paid a dividend in the last twelve months.
What is CMG’s 52-week high and low?
Over the past 52 weeks CMG has traded as low as $27.31 and as high as $41.42. At $34.43 at the close on , it is 16.9% below that high and 26.1% above the low.
What is CMG’s all-time high?
CMG’s highest closing price was $68.55 on , adjusted for stock splits. At $34.43 at the close on , it is 49.8% below that record.
Has CMG stock ever split?
Yes, once: 50-for-1 on . One share bought before the first split would be 50 shares today.
How has CMG stock performed?
Including dividends and measured to the close on , CMG has returned −6.9% so far this year and +12.7% over the past year, and −4.1% over five years (−0.8% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Chipotle Mexican Grill in?
Chipotle Mexican Grill is in the Consumer Cyclical sector and the Restaurants industry, and is headquartered in California, USA.
What exchange does CMG trade on?
Chipotle Mexican Grill trades on the NYSE under the ticker symbol CMG. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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