Chipotle Mexican Grill

Chipotle Mexican Grill

CMG

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Market Cap$47.77B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Chipotle Mexican GrillChipotle Mexican Grill34.2-65%3.82.6

Earnings Call Q2 2026

July 29, 2026 - AI Summary

Solid Q2 performance; “Recipe for Growth” traction - Revenue +9.3% YoY to $3.3B, supported by comparable sales +2.2% with transaction comp +1%. - Digital sales $1.3B = 38.3% of total sales (vs 35.5% prior year), reinforcing ongoing shift to digital. - Core drivers highlighted: Chipotle Honey Chicken LTO return, continued strength in Cilantro Lime Sauce, Rewards relaunch and Summer of Extras, plus targeted restaurant investments to improve throughput/hospitality.
Guidance: full-year comp growth expected to be “low single-digit,” but near-term softness - Management expects full-year comparable sales growth in the low single-digit range. - Q3 is expected to be tough due to harder comps and lap of increased promotional activity from last year. - Early July momentum improved, but recent weeks softened as broader industry + consumer caution increased. - Q3 comp expectation: ~+1% (management assumes ~200 bps impact continuing from a supply/food-safety-related industry issue—see risk bullet).
Pricing & cost trends: inflation manageable; price mix expected to rise - Pricing impact in Q2 ~1.6%, expected to increase to mid-2% in Q3; for the full year, pricing expected near the high end of the 1%–2% range previously communicated. - Cost of sales: 29.7% (up ~80 bps YoY) driven by inflation (notably beef and freight) and ingredient usage (chicken/steak/produce), partially offset by menu price and lower avocado/dairy. - Labor: 25.0% (up ~30 bps YoY) from wage inflation + bonuses and execution investments; expected mid-25% in Q3. - Marketing: ~3% of sales (slightly up); expected low 3% for Q3 and full-year. Other operating costs expected mid-15% in Q3.

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$41.75

Target Price by Analysts

23.4% upsideChipotle Mexican Grill Target Price DetailsTarget Price
$23.15

Current Fair Value

31.6% downside

Overvalued by 31.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$47.77 Billion
Enterprise Value$53.20 Billion
Dividend Yield$- (-)
Earnings per Share$1.15
Beta0.96
Outstanding Shares1,287,792,000

Return

Return on Equity64.52%ROE
Return on Assets16.01%
Return on Invested Capital24.43%

Valuation & Multiples

P/E Ratio34.17P/E Ratio
PEG-457.35PEG
Price to Sales3.76Price to Sales
Price to Book Ratio33.83Price to Book Ratio
Enterprise Value to Revenue4.28
Enterprise Value to EBIT28.84
Enterprise Value to Net Income37
Total Debt to Enterprise0.11
Debt to Equity2.57Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$0.32
Average shareholder expectation
Revenue Estimate
$3.33 B
Average shareholder expectation

Next Earnings Call

Expected Date
November 4, 2026
EPS Estimate
$0.29
Average shareholder expectation
Revenue Estimate
$3.28 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000▼ 154.12%
Total Calls-▼ 100.00%
Total Puts5,500▼ 99.98%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %3.20%▼ 84.70%
Total Invested$1.41B▼ 96.14%
Investors Holding468▼ 856.00%

ESG Score

No data

About Chipotle Mexican Grill

Relevant Senate Committees

Joint Committee on Taxation

While advisory, this committee's analysis and scoring of tax legislation directly influence the final form of tax laws, which profoundly impacts Chipotle's corporate tax burden and financial planning.

Finance

This committee's control over tax policy (corporate income, payroll taxes) directly impacts Chipotle's bottom line. Its influence on trade policy can also affect the cost of imported ingredients.

Agriculture, Nutrition, and Forestry

The committee's oversight of agricultural policy (Farm Bill) directly influences the cost and availability of ingredients for Chipotle. Nutrition guidelines can also affect consumer demand for certain food types.

Health, Education, Labor, and Pensions

This committee directly impacts labor laws (minimum wage, working conditions, unionization) which are crucial cost drivers for a restaurant chain. Additionally, food safety regulations (FDA) are paramount for a food service company.