Chipotle Mexican Grill, Inc.

CMG Consumer Cyclical Restaurants

Chipotle Mexican Grill, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.9 billion, up 5.41% from fiscal 2024. In the quarter to June 2026, revenue grew 9.31%, EPS was flat and free cash flow grew 15.6%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for five.

29.89 0.69 −2.26%
Market cap
$38.7B
P/E
27.4×
Fwd P/E
26.5×
Dividend yield
—
F-score
5/9
Altman Z
6.99
Beneish M
−2.60
Dividend safety
n/a

Chipotle Mexican Grill, Inc. (CMG) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Chipotle Mexican Grill, Inc. (CMG) trades at a EV/EBITDA of 17.1×. Over the past ten years it has ranged from 13.3× (January 2016) to 80.1× (February 2021); the current reading is higher than 3% of that period. That is above the Restaurants industry median of 11.8× and above the Consumer Cyclical sector median of 9.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 21.1× (41.46%)
FY2024 36.0× 11.63%
FY2023 32.3× 25.24%
FY2022 25.8× (43.26%)
FY2021 45.4× (36.42%)
FY2020 71.4× 109.95%
FY2019 34.0× 38.04%
FY2018 24.6× 36.46%
FY2017 18.1× (69.05%)
FY2016 58.3× 265.74%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 19.4× 6.33%
Mar 2026 18.3× (13.25%)
Dec 2025 21.1× (5.40%)
Sep 2025 22.3× (31.50%)
42 more quarters

Against its own ten years

Low 13.3× High 80.1×
Ten-year median 31.7×
Current reading's percentile 3

EV/EBITDA against peers

Company EV/EBITDA
YUMC Yum China compare 7.8×
DRI Darden Restaurants, Inc. compare 12.2×
QSR Restaurant Brands International Inc. compare 13.1×
DPZ Domino's Pizza Inc compare 13.4×
MCD McDonald's Corporation compare 14.1×
TXRH Texas Roadhouse, Inc. compare 15.5×
CMG Chipotle Mexican Grill, Inc. 17.1×
YUM Yum! Brands, Inc. compare 18.0×
SBUX Starbucks Corporation compare 26.0×
Restaurants industry median 11.8×
Consumer Cyclical sector median 9.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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