Chipotle/$CMG

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About Chipotle

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $11.3 billion in 2024. The Mexican concept is almost exclusively company-owned, with just three license stores operated through a master franchise relationship with Alshaya Group in the Middle East. It had a footprint of 3,726 stores at the end of 2024, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Ticker

$CMG

Primary listing

NYSE

Employees

130,504

Chipotle Metrics

BasicAdvanced
$52B
34.17
$1.13
1.08
-

What the Analysts think about Chipotle

Analyst ratings (Buy, Hold, Sell) for Chipotle stock.

Bulls say / Bears say

Management has responded to softer dine-out demand by boosting digital and loyalty marketing efforts and launching new menu items such as Adobo Ranch dip and Honey Chicken to increase customer engagement. (Reuters)
The company continues to invest in opening new company-run restaurants and introducing equipment to improve efficiency, creating a platform for long-term revenue growth. (Reuters)
Carefully targeted menu price increases have highlighted Chipotle’s ability to raise prices, helping offset inflation while maintaining customer value. (Reuters)
Comparable restaurant sales fell 4% in Q2, and full‐year comparable sales are now expected to be flat, a downgrade from the prior target of low single-digit growth. This highlights weakening demand. (Reuters)
Visits to Chipotle restaurants dropped 6% in Q2, compared to a flat trend for the broader fast-casual segment. This points to market share losses as consumers become more cautious with spending. (Reuters)
Chipotle’s forward price-to-earnings ratio of 46.65 is much higher than peers like McDonald’s (26.31) and Domino’s (27.25), indicating a rich valuation that may limit downside protection. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2025.

Chipotle Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Chipotle Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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