US · USD

CMG

Chipotle Mexican Grill Inc

$32.36+0.12% ($0.04)
Day's range
$31.83 – $32.55
Day's volume
$487.2M
52-week range
$28.18 – $42.36

Follow CMG in the Fuolio

See how CMG weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

CMG in numbers

Market cap
$40.9B
P/E
28.84
P/B
18.61
Dividend yield (12m)
0.00%

CMG trades at 28.84 times its earnings of the last 12 months.

CMG price history

10/03/202510/02/2026
Compare with

CMG risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-6.26%-26.53%-1.55%
Volatility (annualized)28.88%30.50%32.68%
Largest drawdown-18.03%-49.85%-49.85%
Positive months8/1220/3633/60

How much did investing in CMG return?

$1,000.00 invested on 11/01/2021 would be worth $984.54 today.

Value today in CMG
$984.54
Return over the period
-1.55%
Return per year
-0.32%
In the S&P 500
$1,690.98

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

CMG fundamentals

Valuation

  • P/E
    28.84
  • P/B
    18.61
  • EV/EBITDA
    18.63
  • EV/EBIT
    22.50
  • EV/Revenue
    3.30
  • P/EBIT
    22.50
  • P/S
    3.30
  • P/OCF
    17.59
  • P/FCF
    26.10
  • Earnings yield
    4.44%
  • PEG ratio
    —
  • Earnings per share
    $1.12
  • Book value per share
    $1.74

Debt

  • Net debt
    —
  • Net debt/EBITDA
    —
  • Net debt/Equity
    —
  • Debt/Equity
    —
  • Current ratio
    0.72
  • Quick ratio
    0.68
  • Cash ratio
    0.52

Efficiency

  • Gross margin
    —
  • EBITDA margin
    17.70%
  • Operating margin
    14.65%
  • Net margin
    11.43%
  • Asset turnover
    1.40

Profitability

  • ROE
    64.54%
  • ROA
    16.01%
  • ROIC
    62.82%
  • Payout
    0.00%

Growth

  • Revenue CAGR (5 years)
    12.67%
  • Earnings CAGR (5 years)
    19.35%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is CMG's fair price?

Two classic value formulas, with today's numbers. The current price is $32.36.

Graham's fair price
$6.62
79.53% below the price

√(22.50 × $1.12 × $1.74)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
—
Does not apply to CMG: it paid no distributions in the last five years.

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

CMG's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E31.3753.2851.0342.6375.05109.7066.3867.65
P/B17.0222.3620.4816.1821.3319.3213.818.29
EV/EBITDA20.5235.6732.7225.8645.2372.0234.0525.94
Earnings per share$1.18$1.13$44.82$32.55$23.29$12.64$12.61$6.38
Book value per share$2.17$2.70$111.67$85.73$81.96$71.78$60.61$52.11
ROE54.26%41.96%40.13%37.96%28.42%17.61%20.81%12.25%
ROIC83.04%65.50%66.86%60.12%52.96%27.16%42.28%17.93%
EBITDA margin19.26%19.90%19.02%16.76%14.04%8.83%11.76%9.46%
Net margin12.88%13.56%12.45%10.41%8.65%5.94%6.27%3.63%
Net debt/EBITDA-0.46-0.63-0.69-0.62-1.02-1.80-1.34—

CMG's financial statements

Line202520242023202220212020
Net revenue$11.9B$11.3B$9.9B$8.6B$7.5B$6B
Cost of revenue——————
Gross profit——————
EBITDA$2.3B$2.3B$1.9B$1.4B$1.1B$528.7M
EBIT$1.9B$1.9B$1.6B$1.2B$804.9M$290.2M
Financial result——————
Income before tax$2B$2B$1.6B$1.2B$812.8M$293.8M
Income tax-$473.8M-$476.1M-$391.8M-$282.4M-$159.8M$62M
Net income$1.5B$1.5B$1.2B$899M$653M$355.8M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does CMG pay dividends?

CMG has no distributions on record.

About Chipotle Mexican Grill

Sector
Retail

Questions about CMG

How much is CMG today?

CMG is at $32.36 (0.12% on the day), last traded on 10/02/2026.

What are the P/E and P/B of CMG?

CMG trades at a P/E of 28.84 and a P/B of 18.61.

How much did CMG return in 12 months?

CMG returned -6.26% in 12 months, with annualized volatility of 28.88% and a largest drawdown of -18.03%.