Chipotle Mexican Grill, Inc. (CMG) - Company Profile - 2026-04-30
Company Overview
Chipotle Mexican Grill, Inc. operates a chain of fast-casual restaurants under the Chipotle brand. The company owns and runs locations that serve burritos, burrito bowls, quesadillas, tacos, salads, and kids’ meals, along with sides such as chips. It emphasizes the use of responsibly sourced meats branded as Responsibly Raised and provides digital ordering through its website, mobile app, and third-party delivery platforms. Chipotle operates in the United States, Canada, France, Germany, and the United Kingdom. The company was founded in 1993 and is headquartered in Newport Beach, California.
Business and Operations
Chipotle’s core business is restaurant ownership and operation, with a focus on quick-service dining that centers on Mexican-inspired meals. The company supports digital ordering and delivery channels to complement in-store dining, aiming to streamline the guest experience and expand reach through online channels. Its geographic footprint spans the United States and select international markets (Canada, France, Germany, United Kingdom), which diversifies product demand across regions. Menu offerings are curated around customizable, meal-based options, including burritos, burrito bowls, tacos, quesadillas, salads, and kids’ meals, with an emphasis on Responsibly Raised meat types. The company operates in a highly consumer-facing segment where brand experience, menu innovation, and digital integration are key operational drivers.
Fundamental Metrics
- Market cap: $42.41B
- Enterprise value: $46.99B
- P/E (trailing): 30.27
- P/E (forward): 24.24
- P/B: 15.20
- [P/S](https://aksoycapital.com/glossary/price-to-sales-ps.html): 3.56
- Profit margin: 12.88%
- Operating margin: 15.21%
- ROE: 47.36%
- [ROA](https://aksoycapital.com/glossary/return-on-assets-roa.html): 13.88%
- Debt/Equity: 179.32
- [Current ratio](https://aksoycapital.com/glossary/current-ratio.html): 1.24
- Revenue (TTM): $11.93B
- Revenue growth (YoY): 4.90%
- Earnings growth (YoY): 4.00%
- Free cash flow: $1.01B
- Dividend yield: n/a
- Payout ratio: 0.00%
- Beta: 1.06
Share Structure and Ownership
- Shares outstanding: 1,285,398,159
- Float: 1,292,824,142
- Insider held: 0.53%
- Institutional held: 90.79%
- Short ratio (days to cover): 2.57
- Short % of float: 2.86%
Top institutional holders:
- Vanguard Group Inc: 11.10% of shares
- BlackRock Inc.: 8.43% of shares
- Capital World Investors: 7.81% of shares
- Price (T.Rowe) Associates Inc: 4.49% of shares
- State Street Corporation: 4.28% of shares
Trading Activity
- Last close: $32.99 (2026-04-29)
- 30-day average volume: 15,095,303
- 90-day average volume: 16,736,998
Recent Price Action
- 1-month change: +5.87%
- 3-month change: -16.94%
- Year-to-date (YTD) change: -12.00%
- 1-year change: -34.70%
- 52-week high / low: $58.42 / $29.75
- [Drawdown](https://aksoycapital.com/glossary/drawdown.html) from 52-week high: -43.53%
Strengths
- Geographic diversification across the United States, Canada, France, Germany, and the United Kingdom.
- Digital ordering and delivery channels (website, mobile app, third-party platforms) support convenience and scalability.
- Profitability indicators demonstrate solid margins: profit margin 12.88% and operating margin 15.21%.
- Strong return on equity: 47.36%.
- Consistent free cash flow generation: $1.01B.
- Substantial institutional ownership (90.79%), with major holders including Vanguard Group, BlackRock, and Capital World Investors.
Considerations
- Relatively high valuation metrics (P/E trailing 30.27; P/B 15.20; P/S 3.56) relative to some peers.
- Leverage level indicated by Debt/Equity at 179.32.
- Current ratio of 1.24 suggests modest liquidity cushion.
- Revenue growth of 4.90% YoY and earnings growth of 4.00% YoY indicate single-digit growth rates.
- Price action over the last year shows meaningful decline (1-year change: -34.70%) with a wide range between 52-week high and low.
- Dividend yield is not available and payout ratio is 0.00%, indicating no cash dividend from the company at this time.
- Beta of 1.06 points to slightly above-market price volatility.
Summary
Chipotle Mexican Grill, Inc. operates a global portfolio of Chipotle restaurants with a focus on digitally enabled ordering and delivery. The company reports a market cap of $42.41B and an enterprise value of $46.99B, with trailing and forward P/Es of 30.27 and 24.24, respectively, and a profit margin of 12.88%. Its shares outstanding are about 1.29 billion, with institutional ownership at roughly 90.8%. As of 2026-04-30, the stock displayed a last close of $32.99 (4/29/2026) and a 1-year decline of 34.70%, along with a 52-week high/low of $58.42 and $29.75.