CHIPOTLE MEXICAN GRILL INC (CMG) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:CMG • US1696561059

39.39 USD
+0.94 (+2.44%)
At close: Feb 6, 2026
39.4 USD
+0.01 (+0.03%)
After Hours: 2/6/2026, 8:25:41 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to CMG. CMG was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. CMG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CMG is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • CMG had positive earnings in the past year.
  • CMG had a positive operating cash flow in the past year.
  • CMG had positive earnings in 4 of the past 5 years.
  • Of the past 5 years CMG 4 years had a positive operating cash flow.
CMG Yearly Net Income VS EBIT VS OCF VS FCFCMG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 16.55%, CMG belongs to the top of the industry, outperforming 93.94% of the companies in the same industry.
  • The Return On Equity of CMG (47.69%) is better than 90.91% of its industry peers.
  • CMG's Return On Invested Capital of 18.25% is amongst the best of the industry. CMG outperforms 90.91% of its industry peers.
  • CMG had an Average Return On Invested Capital over the past 3 years of 16.89%. This is significantly above the industry average of 10.42%.
  • The last Return On Invested Capital (18.25%) for CMG is above the 3 year average (16.89%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 16.55%
ROE 47.69%
ROIC 18.25%
ROA(3y)14.97%
ROA(5y)12.14%
ROE(3y)40.02%
ROE(5y)33.22%
ROIC(3y)16.89%
ROIC(5y)13.28%
CMG Yearly ROA, ROE, ROICCMG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1.3 Margins

  • CMG has a better Profit Margin (13.04%) than 82.58% of its industry peers.
  • CMG's Profit Margin has improved in the last couple of years.
  • The Operating Margin of CMG (16.55%) is better than 73.48% of its industry peers.
  • In the last couple of years the Operating Margin of CMG has grown nicely.
  • The Gross Margin of CMG (30.89%) is worse than 73.48% of its industry peers.
  • In the last couple of years the Gross Margin of CMG has grown nicely.
Industry RankSector Rank
OM 16.55%
PM (TTM) 13.04%
GM 30.89%
OM growth 3Y16.04%
OM growth 5Y14.88%
PM growth 3Y16.16%
PM growth 5Y16.69%
GM growth 3Y3.22%
GM growth 5Y2.96%
CMG Yearly Profit, Operating, Gross MarginsCMG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CMG is creating value.
  • There is no outstanding debt for CMG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
CMG Yearly Shares OutstandingCMG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B
CMG Yearly Total Debt VS Total AssetsCMG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • CMG has an Altman-Z score of 7.36. This indicates that CMG is financially healthy and has little risk of bankruptcy at the moment.
  • CMG has a Altman-Z score of 7.36. This is amongst the best in the industry. CMG outperforms 93.18% of its industry peers.
  • CMG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 7.36
ROIC/WACC2.06
WACC8.86%
CMG Yearly LT Debt VS Equity VS FCFCMG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

  • CMG has a Current Ratio of 1.54. This is a normal value and indicates that CMG is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of CMG (1.54) is better than 72.73% of its industry peers.
  • A Quick Ratio of 1.50 indicates that CMG should not have too much problems paying its short term obligations.
  • The Quick ratio of CMG (1.50) is better than 75.76% of its industry peers.
Industry RankSector Rank
Current Ratio 1.54
Quick Ratio 1.5
CMG Yearly Current Assets VS Current LiabilitesCMG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • CMG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.89%.
  • CMG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.17% yearly.
EPS 1Y (TTM)2.89%
EPS 3Y20.93%
EPS 5Y40.17%
EPS Q2Q%0%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.86%

3.2 Future

  • Based on estimates for the next years, CMG will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.60% on average per year.
  • The Revenue is expected to grow by 11.49% on average over the next years. This is quite good.
EPS Next Y6.06%
EPS Next 2Y12.13%
EPS Next 3Y14.94%
EPS Next 5Y14.6%
Revenue Next Year9.76%
Revenue Next 2Y10.56%
Revenue Next 3Y11.75%
Revenue Next 5Y11.49%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
CMG Yearly Revenue VS EstimatesCMG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B 25B
CMG Yearly EPS VS EstimatesCMG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 33.96, CMG can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Earnings ratio as CMG.
  • CMG's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.93.
  • With a Price/Forward Earnings ratio of 32.02, CMG can be considered very expensive at the moment.
  • CMG's Price/Forward Earnings is on the same level as the industry average.
  • CMG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 27.77, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 33.96
Fwd PE 32.02
CMG Price Earnings VS Forward Price EarningsCMG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CMG is valued a bit more expensive than 70.45% of the companies in the same industry.
  • CMG's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 33.11
EV/EBITDA 21.68
CMG Per share dataCMG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CMG does not grow enough to justify the current Price/Earnings ratio.
  • CMG has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as CMG's earnings are expected to grow with 14.94% in the coming years.
PEG (NY)5.6
PEG (5Y)0.85
EPS Next 2Y12.13%
EPS Next 3Y14.94%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for CMG!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CHIPOTLE MEXICAN GRILL INC

NYSE:CMG (2/6/2026, 8:25:41 PM)

After market: 39.4 +0.01 (+0.03%)

39.39

+0.94 (+2.44%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)02-03
Earnings (Next)04-21
Inst Owners90.35%
Inst Owner Change-2.41%
Ins Owners0.24%
Ins Owner Change-21.15%
Market Cap52.08B
Revenue(TTM)N/A
Net Income(TTM)1.54B
Analysts79.51
Price Target46.37 (17.72%)
Short Float %2.56%
Short Ratio1.87
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.32%
Min EPS beat(2)0.31%
Max EPS beat(2)0.33%
EPS beat(4)4
Avg EPS beat(4)0.95%
Min EPS beat(4)0.31%
Max EPS beat(4)2.13%
EPS beat(8)8
Avg EPS beat(8)4.32%
EPS beat(12)11
Avg EPS beat(12)4.3%
EPS beat(16)15
Avg EPS beat(16)3.8%
Revenue beat(2)0
Avg Revenue beat(2)-2.11%
Min Revenue beat(2)-2.53%
Max Revenue beat(2)-1.69%
Revenue beat(4)0
Avg Revenue beat(4)-2.19%
Min Revenue beat(4)-3.48%
Max Revenue beat(4)-1.07%
Revenue beat(8)3
Avg Revenue beat(8)-1.29%
Revenue beat(12)4
Avg Revenue beat(12)-1.31%
Revenue beat(16)4
Avg Revenue beat(16)-1.3%
PT rev (1m)3.6%
PT rev (3m)-15.59%
EPS NQ rev (1m)0.04%
EPS NQ rev (3m)-0.24%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)-0.79%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.43%
Valuation
Industry RankSector Rank
PE 33.96
Fwd PE 32.02
P/S 4.42
P/FCF 33.11
P/OCF 23.52
P/B 16.17
P/tB 16.28
EV/EBITDA 21.68
EPS(TTM)1.16
EY2.94%
EPS(NY)1.23
Fwd EY3.12%
FCF(TTM)1.19
FCFY3.02%
OCF(TTM)1.68
OCFY4.25%
SpS8.91
BVpS2.44
TBVpS2.42
PEG (NY)5.6
PEG (5Y)0.85
Graham Number7.97
Profitability
Industry RankSector Rank
ROA 16.55%
ROE 47.69%
ROCE 23.99%
ROIC 18.25%
ROICexc 22.11%
ROICexgc 22.19%
OM 16.55%
PM (TTM) 13.04%
GM 30.89%
FCFM 13.35%
ROA(3y)14.97%
ROA(5y)12.14%
ROE(3y)40.02%
ROE(5y)33.22%
ROIC(3y)16.89%
ROIC(5y)13.28%
ROICexc(3y)20.4%
ROICexc(5y)16.1%
ROICexgc(3y)20.47%
ROICexgc(5y)16.17%
ROCE(3y)22.21%
ROCE(5y)17.46%
ROICexgc growth 3Y18.49%
ROICexgc growth 5Y16.8%
ROICexc growth 3Y18.54%
ROICexc growth 5Y16.87%
OM growth 3Y16.04%
OM growth 5Y14.88%
PM growth 3Y16.16%
PM growth 5Y16.69%
GM growth 3Y3.22%
GM growth 5Y2.96%
F-Score7
Asset Turnover1.27
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 182.03%
Cap/Sales 5.44%
Interest Coverage 250
Cash Conversion 96.16%
Profit Quality 102.38%
Current Ratio 1.54
Quick Ratio 1.5
Altman-Z 7.36
F-Score7
WACC8.86%
ROIC/WACC2.06
Cap/Depr(3y)173.27%
Cap/Depr(5y)170.01%
Cap/Sales(3y)5.49%
Cap/Sales(5y)5.72%
Profit Quality(3y)97.3%
Profit Quality(5y)100.43%
High Growth Momentum
Growth
EPS 1Y (TTM)2.89%
EPS 3Y20.93%
EPS 5Y40.17%
EPS Q2Q%0%
EPS Next Y6.06%
EPS Next 2Y12.13%
EPS Next 3Y14.94%
EPS Next 5Y14.6%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.86%
Revenue Next Year9.76%
Revenue Next 2Y10.56%
Revenue Next 3Y11.75%
Revenue Next 5Y11.49%
EBIT growth 1Y2.84%
EBIT growth 3Y32.8%
EBIT growth 5Y32.3%
EBIT Next Year20.04%
EBIT Next 3Y13.56%
EBIT Next 5Y14.79%
FCF growth 1Y13.4%
FCF growth 3Y21.65%
FCF growth 5Y31.27%
OCF growth 1Y15.38%
OCF growth 3Y17.97%
OCF growth 5Y23.88%

CHIPOTLE MEXICAN GRILL INC / CMG FAQ

Can you provide the ChartMill fundamental rating for CHIPOTLE MEXICAN GRILL INC?

ChartMill assigns a fundamental rating of 5 / 10 to CMG.


Can you provide the valuation status for CHIPOTLE MEXICAN GRILL INC?

ChartMill assigns a valuation rating of 2 / 10 to CHIPOTLE MEXICAN GRILL INC (CMG). This can be considered as Overvalued.


How profitable is CHIPOTLE MEXICAN GRILL INC (CMG) stock?

CHIPOTLE MEXICAN GRILL INC (CMG) has a profitability rating of 8 / 10.


What is the financial health of CHIPOTLE MEXICAN GRILL INC (CMG) stock?

The financial health rating of CHIPOTLE MEXICAN GRILL INC (CMG) is 7 / 10.