CMG

Chipotle Mexican GrillNYSE · Restaurants · Consumer Discretionary

Previous close

33.68

Change

−1.15 / −3.30%

FinDog View

Neutral

52-Week Range

28.04 – 42.82

P/E (TTM)

30.6

Forward P/E

29.3

Based on consensus earnings for the next 12 months

Market Cap

$42.6B

−0.24%

S&P 500 −2.41% over same period

Volume / Avg Volume

13.1M / 11.0M

1.18× average

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 33.91M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-07-29	$3.3B	0.33 / 0.32	+12.50%	Pending
FY2026 Q1 Quarter ended 2026-03	2026-04-29	$3.1B	0.24 / 0.24	+3.03%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-03	—	— / —	+1.94%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-29	—	— / —	−18.18%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-23	—	— / —	−13.34%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-23	—	— / —	+1.60%	Pending

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 24 of its 5-year rangeCheap

5-year range 28.0 – 65.7 · Median 35.6

Last 4 quarters: $2.8B in buybacks + $0 in dividends, 6.53% of market cap combined

P/E (TTM)

30.6

P/B

19.7

P/S

3.5

PEG

—

Earnings Reaction

Over the last 6 reports, the stock moved ±8.4% on average on the first trading day after, rising 4 times

Most recent +12.50%

Volatility & Correlation

1-year beta 0.30 · Correlation with S&P 500 0.10Low beta

Annualized volatility 43% vs. 14% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 1 · $0.10MNet selling $0.10M

08-21Bush Matthew RController, PAOSell$0.10M2,675 shares · Avg price 35.75

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q2	3.35	+9.3%	—	0.53	0.40	0.46	0.32
FY2026 Q1	3.09	+7.4%	—	0.40	0.30	0.47	0.23
FY2025 Q4	2.98	+4.9%	—	0.42	0.33	0.23	0.25
FY2025 Q3	3.00	+7.5%	—	0.48	0.38	0.41	0.29
FY2025 Q2	3.06	+3.0%	—	0.56	0.44	0.40	0.32
FY2025 Q1	2.88	+6.4%	—	0.48	0.39	0.41	0.28
FY2024 Q4	2.85	+13.1%	—	0.42	0.33	0.35	0.24
FY2024 Q3	2.79	+13.0%	—	0.47	0.39	0.30	0.28
FY2024 Q2	2.97	+18.2%	—	0.59	0.46	0.42	0.33
FY2024 Q1	2.70	+14.1%	—	0.44	0.36	0.44	0.26
FY2023 Q4	2.52	+15.4%	—	0.36	0.28	0.09	-10.09
FY2023 Q3	2.47	+11.3%	—	0.39	0.31	0.35	0.23

Peers

Largest by market cap in the sector · Latest quarterView Consumer Discretionary sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
CMG	Chipotle Mexican Grill	$42.6B	30.6	+9.3%	—	−0.24%	Neutral
AMZN	Amazon	$2.65T	19.7	+19.6%	52.3%	−5.87%	Neutral	Compare
TSLA	Tesla, Inc.	$1.41T	370.0	+25.5%	16.8%	+5.53%	Neutral	Compare
HD	Home Depot (The)	$302B	21.3	+5.7%	33.7%	−10.48%	Neutral	Compare
MCD	McDonald's	$176B	20.5	+3.7%	90.4%	−6.39%	Neutral	Compare
TJX	TJX Companies	$135B	22.3	+5.4%	33.4%	−18.57%	Bullish	Compare
BKNG	Booking Holdings	$129B	17.9	+8.1%	—	−16.29%	Neutral	Compare
SBUX	Starbucks	$111B	56.0	−1.4%	—	−9.80%	Neutral	Compare
LOW	Lowe's	$109B	16.4	+24.0%	33.0%	−10.06%	Neutral	Compare

The View in One Line

Only know FY2026 Q2 revenue $3.35 billion, YoY and gross margin missing; stock fell 3.3% in one day but monthly roughly flat, no earnings analysis; leans Neutral.

Updated 2026-09-16

Notable Institutional Holders

Citadel Advisors · Ken Griffin$259MAdded +71%
Renaissance Technologies$114MAdded +273%
Bridgewater Associates · Ray Dalio$2.5MReduced −2%

As of 2026-06-30

Key Events

09-14Management Change
Chipotle Board Grows to 11 with New Independent Director
On September 14, 2026, Chipotle's board elected Sabir Sami as an independent director, increasing the board size to 11.Source ↗
07-29Capital Actions
Chipotle Reports Quarterly Results and Authorizes $1.3 Billion Buyback
On July 29, 2026, Chipotle reported quarterly results for the quarter ended June 30 and announced that its board authorized a $1.3 billion share repurchase.Source ↗
07-08Governance
Chipotle Audit and Risk Committee Membership Change
On July 7, 2026, Chipotle's board appointed independent director Albert Baldocchi to the Audit and Risk Committee, succeeding Scott Maw.Source ↗
06-17Governance
Chipotle Annual Meeting Elects Ten Directors and Approves Executive Compensation
On June 11, 2026, Chipotle shareholders elected all ten director nominees and passed an advisory executive compensation vote and the reappointment of EY as auditor.Source ↗

Key Financial Trends

Quarterly Revenue ($B)3.3

Free Cash Flow ($B)0.5