What is Chipotle Mexican Grill, Inc.'s revenue?

Chipotle Mexican Grill, Inc. reported revenue of $11.93B in fiscal 2025, up 5.4% from the prior year. Over the last 4 years, revenue has grown at 12.1% a year.

Is Chipotle Mexican Grill, Inc. profitable?

Yes. Chipotle Mexican Grill, Inc. earned net income of $1.54B in fiscal 2025, a net margin of 12.9%, and generated $1.45B of free cash flow.

What is CMG's P/E ratio?

At a share price of $27.69, CMG trades at about 24.3x its fiscal 2025 earnings per share, with a market capitalization of roughly $37.18B. Its EV/EBITDA multiple is 17.6x.

Does Chipotle Mexican Grill, Inc. pay a dividend?

Chipotle Mexican Grill, Inc. did not pay a common dividend in fiscal 2025.

How much debt does Chipotle Mexican Grill, Inc. have?

Chipotle Mexican Grill, Inc. had total debt of $5.08B and cash of $351M at the end of fiscal 2025, giving net debt of 2.0x EBITDA.

What is Chipotle Mexican Grill, Inc.'s return on invested capital (ROIC)?

Chipotle Mexican Grill, Inc.'s return on invested capital was 20.4% in fiscal 2025, and its return on equity was 54.3%.

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Chipotle Mexican Grill, Inc.

CMGNYSE

$27.69

Last price · USD

Market cap: $37.18B
P/E: 24.3x
EV / EBITDA: 17.6x
P/S: 3.1x
FCF yield: 3.9%
Div. yield: 0.00%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

Revenue

$11.93B

+5.4%

4Y CAGR +12.1%

Gross profit

$3.03B

+0.3%

4Y CAGR +15.4%

Operating income

$2.01B

+5.0%

4Y CAGR +25.8%

Net income

$1.54B

+0.1%

4Y CAGR +23.8%

EPS (diluted)

$1.14

+2.7%

4Y CAGR +25.5%

Free cash flow

$1.45B

-4.2%

4Y CAGR +14.6%

Revenue & net income

Fiscal 2021–2025 · USD

All charts

RevenueNet income

Valuation

At $27.69 · FY2025 fundamentals

Market cap: $37.18B
Enterprise value: $41.90B
P/E: 24.3x
P/S: 3.1x
P/B: 13.1x
EV / EBITDA: 17.6x
EV / Sales: 3.5x
Earnings yield: 4.1%
FCF yield: 3.9%
Shareholder yield: 6.5%

Estimate intrinsic value with a DCF

Profitability

Margins as a share of revenue

Metric	Latest	4Y ago
Gross margin	25.4%+2.8pp	22.6%
Operating margin	16.9%+6.2pp	10.7%
EBITDA margin	19.9%+5.3pp	14.6%
Net margin	12.9%+4.2pp	8.7%
FCF margin	12.1%+1.0pp	11.1%

Returns & financial health

FY2025 with 4-year trend

Metric	Latest	4Y ago
Return on equity	54.3%	28.4%
Return on invested capital	20.4%	12.9%
Return on assets	17.1%	9.8%
Debt / equity	1.79x	1.53x
Net debt / EBITDA	1.99x	2.46x
Current ratio	1.23x	1.58x

Cash & equivalents

$351M

Total debt

$5.08B

Capital allocation

How CMG used its cash in FY2025

Operating cash flow: $2.11B
Capital expenditure: $666M
Dividends paid: $0.00
Share repurchases: $2.43B
Stock-based compensation: $120M
Diluted shares: 1.34B
Share count change (4Y): -5.8%

Analyst estimates

Consensus for upcoming fiscal years

Fiscal year	Revenue	Growth	EPS	Growth
FY2025 actual	$11.93B		$1.14
FY2026E20 analysts	$13.03B	+9.2%	$1.15	+0.7%
FY2027E21 analysts	$14.43B	+10.8%	$1.37	+19.4%
FY2028E7 analysts	$15.86B	+9.9%	$1.58	+15.6%

About Chipotle Mexican Grill, Inc.

Consumer Cyclical · Restaurants

Chipotle Mexican Grill, Inc. , along with its affiliated companies, oversees the ownership and daily running of Chipotle Mexican Grill eateries. By February 15, 2022, its global presence included roughly 3,000 restaurant locations spread across the United States, Canada, the United Kingdom, France, Germany, and other parts of Europe.

chipotle.com

Sector: Consumer Cyclical
Industry: Restaurants
CEO: Scott Boatwright
Employees: 130,301
Headquarters: Newport Beach, CA, US
IPO date: 2006-01-26