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) Return on invested capital

Alert me on Return on invested capital

Chipotle Mexican Grill, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 74.8%, up 6.8 percentage points from fiscal 2025 (67.9%). Over the past ten years it has ranged from 2.19% (fiscal 2016) to 67.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Restaurants industry median of 3.14% and above the Consumer Cyclical sector median of 2.95%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 67.9% 14.26
FY2024 53.7% (1.46)
FY2023 55.1% 5.74
FY2022 49.4% 8.17
FY2021 41.2% 24.23
FY2020 17.0% (17.62)
FY2019 34.6% 13.47
FY2018 21.1% 1.34
FY2017 19.8% 17.59
FY2016 2.19% (30.39)

Against its own ten years

Low 2.19% High 67.9%
Ten-year median 34.6%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
DPZ Domino's Pizza Inc compare 117.1%
SBUX Starbucks Corporation compare 93.0%
CMG Chipotle Mexican Grill, Inc. 74.8%
YUM Yum! Brands, Inc. compare 37.6%
DRI Darden Restaurants, Inc. compare 28.0%
TXRH Texas Roadhouse, Inc. compare 21.1%
MCD McDonald's Corporation compare 21.1%
YUMC Yum China compare 18.0%
QSR Restaurant Brands International Inc. compare 9.12%
Restaurants industry median 3.14%
Consumer Cyclical sector median 2.95%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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