Chipotle Mexican Grill
Research Chipotle Mexican Grill (CMG) on Bullrun: valuation model: 11.0% overvalued, market cap USD 47.46B, P/E 34.5. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCMG
- ExchangeNYSE
- CountryUnited States
- SectorConsumer Cyclical
- IndustryRestaurants
- CurrencyUSD
- Valuation signal11.0% overvalued
- Market capUSD 47.46B
- P/E34.5
- Financial periodQ2 2026
- RevenueUSD 3.35B
- Net incomeUSD 403.55M
- Free cash flowUSD 463.38M
- Gross margin25.2%
Valuation Snapshot
Bullrun's latest valuation model marks Chipotle Mexican Grill as 11.0% overvalued; latest market cap is USD 47.46B; P/E is 34.5.
Peer valuation comparison
Latest P/E is 34.53x versus a Consumer Cyclical sector median of 17.59x (96.3% above).
Latest P/E is 34.53x versus a United States median of 24.87x (38.9% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 11.93B | USD 1.54B | USD 1.45B | 25.4% | 1.14 | USD 350.55M | USD 0 | USD 2.83B |
| FY2024 | USD 11.31B | USD 1.53B | USD 1.51B | 26.7% | 1.11 | USD 748.54M | USD 0 | USD 3.66B |
| FY2023 | USD 9.87B | USD 1.23B | USD 1.22B | n/a | 0.89 | USD 560.61M | USD 0 | USD 3.06B |
| FY2022 | USD 8.63B | USD 899.00M | USD 844.02M | n/a | 0.64 | USD 384.00M | USD 0 | USD 2.37B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 47.46B | 34.5 | n/a | n/a |
| 2025 | 2025-12-31 | USD 48.26B | 32.5 | n/a | n/a |
| 2024 | 2024-12-31 | USD 81.93B | 54.3 | n/a | n/a |
| 2023 | 2023-12-29 | USD 62.77B | 54.5 | n/a | n/a |
| 2022 | 2022-12-30 | USD 38.46B | 48.7 | n/a | n/a |
| 2021 | 2021-12-31 | USD 49.10B | 76.0 | n/a | n/a |
About Chipotle Mexican Grill
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.
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Frequently asked questions
Is Chipotle Mexican Grill overvalued or undervalued?
Bullrun's valuation model currently marks Chipotle Mexican Grill as 11.0% overvalued.
What is Chipotle Mexican Grill's market cap?
Chipotle Mexican Grill's market capitalization is USD 47.46B.
What is Chipotle Mexican Grill's P/E ratio?
Chipotle Mexican Grill's price-to-earnings (P/E) ratio is 34.5.
What does Chipotle Mexican Grill do?
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.