📊 CMG Key Takeaways
Investment Thesis
Chipotle demonstrates exceptional fundamental strength with industry-leading profitability metrics (12.9% net margin, 16.2% operating margin), outstanding returns on equity (54.3%) and assets (17.1%), coupled with zero debt and robust free cash flow generation of $1.4B. Consistent revenue growth of 5.4% YoY combined with improving earnings per share (+2.7% YoY) indicates healthy operational efficiency and disciplined capital allocation without financial leverage.
CMG Strengths
- Exceptional profitability with 12.9% net margin and 16.2% operating margin, well above retail restaurant peers
- Outstanding capital efficiency with ROE of 54.3% and ROA of 17.1%, demonstrating superior management of shareholder capital
- Zero long-term debt and strong balance sheet with $350.5M cash, providing financial flexibility for growth investments
- Strong free cash flow generation of $1.4B (12.1% FCF margin) with operating cash flow of $2.1B covering 31% of revenue
- Consistent revenue growth of 5.4% YoY with net income growth of 0.1% and EPS growth of 2.7%, showing earnings resilience
- Solid liquidity position with 1.23x current ratio and 1.19x quick ratio, indicating ability to meet short-term obligations
CMG Risks
- Modest net income growth of 0.1% YoY suggests limited earnings expansion despite revenue growth, indicating margin pressure or operating deleverage
- Capital expenditure of $666.3M (5.6% of revenue) may constrain free cash flow if expansion plans accelerate significantly
- Moderate current ratio of 1.23x is lower than industry best practices, potentially limiting operational flexibility during economic downturns
- Limited visibility on gross margin (not disclosed in data) raises questions about cost structure and pricing power sustainability
Key Metrics to Watch
- Operating margin trend and sustainability given modest net income growth
- Same-store sales growth and unit economics of new restaurant openings
- Free cash flow conversion and capital allocation priorities between growth investments and shareholder returns
- Labor cost inflation impact on operating margins in the discretionary restaurant sector
- Comparable restaurant sales and revenue growth sustainability
CMG Financial Metrics
💡 AI Analyst Insight
CHIPOTLE MEXICAN GRILL INC presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CMG Profitability Ratios
CMG vs Consumer Sector
How CHIPOTLE MEXICAN GRILL INC compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CMG Balance Sheet & Liquidity
CMG 5-Year Financial Trend
5-Year Trend Summary: CHIPOTLE MEXICAN GRILL INC's revenue has grown significantly by 58% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.89 reflects profitable operations.
CMG Growth Metrics (YoY)
CMG Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $2.8B | $359.3M | $0.28 |
| Q2 2025 | $3.0B | $359.3M | $0.32 |
| Q1 2025 | $2.7B | $359.3M | $0.26 |
| Q3 2024 | $2.5B | $291.6M | $0.23 |
| Q2 2024 | $2.5B | $291.6M | $0.25 |
| Q1 2024 | $2.4B | $291.6M | $10.50 |
| Q3 2023 | $2.2B | $158.3M | $9.20 |
| Q2 2023 | $2.2B | $158.3M | $9.25 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CMG Capital Allocation
CMG SEC Filings
Access official SEC EDGAR filings for CHIPOTLE MEXICAN GRILL INC (CIK: 0001058090)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CMG
What is the AI rating for CMG?
CHIPOTLE MEXICAN GRILL INC (CMG) has an AI rating of STRONG BUY with 88% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CMG's key strengths?
Exceptional profitability with 12.9% net margin and 16.2% operating margin, well above retail restaurant peers. Outstanding capital efficiency with ROE of 54.3% and ROA of 17.1%, demonstrating superior management of shareholder capital.
What are the risks of investing in CMG?
Modest net income growth of 0.1% YoY suggests limited earnings expansion despite revenue growth, indicating margin pressure or operating deleverage. Capital expenditure of $666.3M (5.6% of revenue) may constrain free cash flow if expansion plans accelerate significantly.
What is CMG's revenue and growth?
CHIPOTLE MEXICAN GRILL INC reported revenue of $11.9B.
Does CMG pay dividends?
CHIPOTLE MEXICAN GRILL INC does not currently pay dividends.
Where can I find CMG SEC filings?
Official SEC filings for CHIPOTLE MEXICAN GRILL INC (CIK: 0001058090) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CMG's EPS?
CHIPOTLE MEXICAN GRILL INC has a diluted EPS of $1.14.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.