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.
Follow CMG
Chipotle Mexican Grill, Inc. (CMG) P/B ratio
As of 16 October 2026, Chipotle Mexican Grill, Inc. (CMG) trades at a P/B ratio of 17.4×. Over the past ten years it has ranged from 5.3× (February 2018) to 28.0× (June 2024); the current reading is higher than 54% of that period. That is above the Restaurants industry median of 2.0× and above the Consumer Cyclical sector median of 1.6×.
P/B ratio, daily
Embed this chart
Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 17.5× | (22.55%) |
| FY2024 | 22.6× | 11.73% |
| FY2023 | 20.2× | 25.28% |
| FY2022 | 16.1× | (24.69%) |
| FY2021 | 21.4× | 11.74% |
| FY2020 | 19.2× | 38.89% |
| FY2019 | 13.8× | 65.43% |
| FY2018 | 8.3× | 36.30% |
| FY2017 | 6.1× | (21.81%) |
| FY2016 | 7.8× | 11.57% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 19.7× | 14.38% |
| Mar 2026 | 17.3× | (1.26%) |
| Dec 2025 | 17.5× | 7.65% |
| Sep 2025 | 16.2× | (24.13%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| DPZ Domino's Pizza Inc compare | n/m |
| MCD McDonald's Corporation compare | n/m |
| YUM Yum! Brands, Inc. compare | n/m |
| SBUX Starbucks Corporation compare | n/m |
| YUMC Yum China compare | 2.6× |
| QSR Restaurant Brands International Inc. compare | 4.8× |
| TXRH Texas Roadhouse, Inc. compare | 7.0× |
| DRI Darden Restaurants, Inc. compare | 11.9× |
| CMG Chipotle Mexican Grill, Inc. | 17.4× |
| Restaurants industry median | 2.0× |
| Consumer Cyclical sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on CMG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement