Chipotle Mexican Grill, Inc. — CMG
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $41.41 | $55.53B | 36.6 | 31.6 | 18.0% | 16.3% | - | 15.7 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $6.0B | $355.8M | $12.74 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $7.5B | $653.0M | $23.21 | 26.1% | 83.5% | 82.2% |
| 2 | 2022-12-31 | $8.6B | $899.1M | $32.28 | 14.4% | 37.7% | 39.1% |
| 3 | 2023-12-31 | $9.9B | $1.2B | $44.59 | 14.3% | 36.7% | 38.1% |
| 4 | 2024-12-31 | $11.3B | $1.5B | $1.12 | 14.6% | 24.9% | -97.5% |
| 5 | TTM 2025-03-31 | $11.5B | $1.6B | $1.13 | 1.5% | 1.8% | 0.9% |
| 6 | Average | 14.2% | 36.9% | 12.6% |
EPS
Forecasts
Y/Y % Change
CMG Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 26.1% | 14.4% | 14.3% | 14.6% | 7.2% | 12.6% | 14.9% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 12 | 12 | |
| EPS Growth (%) | 83.5% | 37.7% | 36.7% | 24.9% | 5.8% | 17.4% | 34.3% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 14 | 14 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | G&A ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|---|
| 2021 | $7.5B | $5.6B | $606.9M | $606.9M | $254.7M |
| 2022 | $8.6B | $6.3B | $564.2M | $564.2M | $286.8M |
| 2023 | $9.9B | $7.0B | $633.6M | $633.6M | $319.4M |
| 2024 | $11.3B | $8.0B | $697.5M | $697.5M | $335.0M |
| TTM | $11.6B | $8.2B | $662.8M | $662.8M | $346.4M |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | G&A Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|---|
| 2022 | 14.41 | 12.54 | -7.03 | -7.03 | 12.63 |
| 2023 | 14.33 | 10.83 | 12.30 | 12.30 | 11.35 |
| 2024 | 14.61 | 14.28 | 10.09 | 10.09 | 4.90 |
| TTM | 2.33 | 3.29 | -4.98 | -4.98 | 3.39 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-09-05 13:07 UTC — Values are shown in a single scale for this table: $B. TTM values are bold. “% of Total (TTM)” shows revenue mix.
| Segment | 2022 Rev ($B) | 2022 OI ($B) | 2023 Rev ($B) | 2023 OI ($B) | 2024 Rev ($B) | 2024 OI ($B) | TTM Rev ($B) | TTM OI ($B) | % of Total (TTM) |
|---|---|---|---|---|---|---|---|---|---|
| Food And Beverage | 17.0B | 0.00B | 19.5B | 0.00B | 22.3B | 0.00B | 23.0B | 0.00B | 99.5% |
| Delivery Service | 0.15B | 0.00B | 0.13B | 0.00B | 0.13B | 0.00B | 0.12B | 0.00B | 0.5% |
No segment data available for CMG (axis 2).
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $9,044M |
| 1 | Cash | $726M |
| 2 | Total Liabilities | $5,553M |
| 3 | Total Debt | $4,633M |
| 4 | Total Equity | $3,491M |
| 5 | Debt to Equity Ratio | 1.33 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $52.78 | 4.4% | Nicks Growth: 20% Nick's Expected Margin: 13% FINVIZ Growth: 15% |
Nicks: 43 Finviz: 27 |
Nick's: 5.552 | 6.2 | 46.7 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $1.13 EPS | TTM | $48.26 | -8.6% | $30.10 | -43.0% |
| $1.21 EPS | 2025 | $51.68 | -2.1% | $32.24 | -38.9% |
| $1.42 EPS | 2026 | $60.65 | 14.9% | $37.83 | -28.3% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 19.80% | 18.10% | 18.81% | 17.13% | 1.55% | 1.53% | 18.15% | 16.37% | 1.7% | 1.7% |
| 3 Years | 19.80% | 18.10% | 18.81% | 17.13% | 1.55% | 1.53% | 18.15% | 16.37% | 1.7% | 1.7% |
| 5 Years | 19.80% | 18.10% | 18.81% | 17.13% | 1.55% | 1.53% | 18.15% | 16.37% | 1.7% | 1.7% |
| 10 Years | 19.80% | 18.10% | 18.81% | 17.13% | 1.55% | 1.53% | 18.15% | 16.37% | 1.7% | 1.7% |