Market Summary
USD1708.29+36.12
Market Closed2.16%
CMG Stock Price
CMG RSI Chart
CMG Valuation
CMG Price/Sales (Trailing)
CMG Profitability
CMG Fundamentals
CMG Revenue
CMG Earnings
Price Action
52 Week Range
1196.281754.56
(Low)(High)
Last 7 days
5.2%
Last 30 days
15.1%
Last 90 days
23.1%
Trailing 12 Months
8.0%
CMG Financial Health
CMG Investor Care
Peers (Alternatives to Chipotle Mexican Grill)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MCD | 205.5B | 23.2B | 6.43% | 15.63% | 33.26 | 8.86 | -0.17% | -18.13% |
SBUX | 119.6B | 32.9B | 2.66% | 17.86% | 36.01 | 3.63 | 8.41% | -24.41% |
CMG | 47.4B | 8.6B | 15.05% | 7.98% | 52.77 | 5.49 | 14.41% | 37.69% |
YUM | 37.2B | 6.8B | 4.66% | 13.05% | 28.08 | 5.44 | 3.92% | -15.87% |
DRI | 18.9B | 10.0B | 8.01% | 20.04% | 20.84 | 1.9 | 16.23% | -1.35% |
| MID-CAP | ||||||||
ARMK | 9.3B | 17.0B | -3.58% | -3.93% | 41.24 | 0.55 | 27.66% | 584.49% |
TXRH | 7.2B | 4.0B | 6.07% | 29.06% | 26.82 | 1.8 | 15.91% | 10.00% |
WING | 5.5B | 357.5M | 7.43% | 57.21% | 103.78 | 15.37 | 26.56% | 24.12% |
WEN | 4.6B | 2.1B | -1.89% | -0.86% | 26.17 | 2.21 | 10.46% | -11.49% |
SHAK | 2.2B | 900.5M | -2.77% | -18.28% | -90.46 | 2.42 | 21.70% | -178.35% |
| SMALL-CAP | ||||||||
PLAY | 1.8B | 1.7B | -7.84% | -25.07% | 14.36 | 1.02 | 61.79% | 371.82% |
BJRI | 679.1M | 1.3B | -9.47% | 2.97% | 166.6 | 0.53 | 18.11% | 213.03% |
CHUY | 645.2M | 422.2M | -2.32% | 32.78% | 30.94 | 1.53 | 6.49% | -30.89% |
DENN | 633.1M | 456.4M | -5.34% | -22.01% | 8.47 | 1.39 | 14.63% | -4.30% |
RUTH | 525.6M | 505.9M | -13.08% | -26.60% | 13.61 | 1.04 | 17.88% | -8.64% |
Financials for Chipotle Mexican Grill
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.6% | 8,635 | 8,415 | 8,147 | 7,826 | 7,547 |
| S&GA Expenses | -4.2% | 564 | 589 | 594 | 599 | 607 |
| Costs and Expenses | 1.1% | 7,474 | 7,392 | 7,221 | 6,992 | 6,742 |
| EBITDA | 10.8% | 1,468 | 1,325 | 1,216 | 1,107 | - |
| EBITDA Margin | 8.0% | 0.17* | 0.16* | 0.15* | 0.14* | - |
| Earnings Before Taxes | 13.0% | 1,182 | 1,046 | 945 | 843 | 813 |
| EBT Margin | 10.1% | 0.14* | 0.12* | 0.12* | 0.11* | - |
| Net Income | 11.2% | 899 | 809 | 756 | 684 | 653 |
| Net Income Margin | 8.3% | 0.10* | 0.10* | 0.09* | 0.09* | - |
| Free Cahsflow | -6.5% | 844 | 903 | 862 | 807 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 1.6% | 6,928 | 6,817 | 6,545 | 6,467 | 6,653 |
| Current Assets | 9.1% | 1,176 | 1,077 | 1,046 | 1,096 | 1,382 |
| Cash Equivalents | 4.7% | 384 | 367 | 521 | 616 | 815 |
| Inventory | 5.7% | 36.00 | 34.00 | 29.00 | 30.00 | 33.00 |
| Net PPE | 4.2% | 1,951 | 1,872 | 1,813 | 1,780 | 1,769 |
| Goodwill | 0% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 |
| Liabilities | 1.5% | 4,559 | 4,490 | 4,391 | 4,333 | 4,356 |
| Current Liabilities | 12.7% | 922 | 818 | 832 | 834 | 874 |
| Shareholder's Equity | 1.7% | 2,368 | 2,327 | 2,154 | 2,134 | 2,297 |
| Retained Earnings | 4.9% | 4,828 | 4,605 | 4,347 | 4,087 | 3,929 |
| Additional Paid-In Capital | 1.2% | 1,829 | 1,808 | 1,782 | 1,753 | 1,729 |
| Shares Outstanding | -0.5% | 28.00 | 28.00 | 28.00 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -2.7% | 1,323 | 1,360 | 1,289 | 1,259 | 1,282 |
| Share Based Compensation | -14.8% | 98.00 | 115 | 126 | 145 | 176 |
| Cashflow From Investing | -3.1% | -830 | -805 | -533 | -538 | -522 |
| Cashflow From Financing | -2.7% | -929 | -904 | -898 | -795 | -548 |
| Buy Backs | 4.4% | 830 | 796 | 785 | 673 | 466 |
Risks for CMG
What is the probability of a big loss on CMG?
71.2%
Probability that Chipotle Mexican Grill stock will be more than 20% underwater in next one year
33.5%
Probability that Chipotle Mexican Grill stock will be more than 30% underwater in next one year.
2.7%
Probability that Chipotle Mexican Grill stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does CMG drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Chipotle Mexican Grill was unfortunately bought at previous high price.
Drawdowns
Returns for CMG
Cumulative Returns on CMG
18.1%
10-Year Cumulative Returns
20.4%
7-Year Cumulative Returns
39.5%
5-Year Cumulative Returns
37.7%
3-Year Cumulative Returns
What are the long-term rolling returns for CMG?
FIve years rolling returns for Chipotle Mexican Grill.
Annualized Returns
Which funds bought or sold CMG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -2.05 | -1,225,600 | 11,586,900 | 0.09% |
2023-03-23 | ETF MANAGERS GROUP, LLC | added | 3.94 | -26,017 | 622,983 | 0.03% |
2023-03-17 | American Portfolios Advisors | reduced | -7.63 | 19,089 | 327,602 | 0.01% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 5.01 | -37,283 | 1,162,720 | 0.03% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -24.64 | -19,754,300 | 45,176,700 | 0.05% |
2023-03-10 | MATHER GROUP, LLC. | sold off | -100 | -207,000 | - | -% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 932,683 | 932,683 | 0.24% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -3.06 | -294,000 | 2,503,000 | 0.01% |
2023-03-03 | TIAA, FSB | reduced | -15.36 | -126,066 | 450,934 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 642,406 | 642,406 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Chipotle Mexican Grill News
Schedule 13G FIlings of Chipotle Mexican Grill
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 6.2% | 1,720,265 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.59% | 2,658,715 | SC 13G/A | |
| Jan 31, 2023 | blackrock inc. | 7.2% | 1,982,268 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 7.8% | 2,226,370 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 8.84% | 2,485,841 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.0% | 1,969,178 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 8.5% | 2,403,185 | SC 13G | |
| Feb 10, 2021 | renaissance technologies llc | 2.12% | 593,242 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 10.49% | 2,935,032 | SC 13G/A | |
| Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A |
CMG Fair Value
Chipotle Mexican Grill fair value in different scenarios
The table shows the Fair Value estimates for Chipotle Mexican Grill for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 313.73 -81.63% | 489.61 -71.34% | 760.17 -55.50% | 1025.16 -39.99% | 1371.71 -19.70% |
| Current Inflation | 327.33 -80.84% | 404.50 -76.32% | 544.39 -68.13% | 686.79 -59.80% | 857.17 -49.82% |
| Very High Inflation | 260.05 -84.78% | 381.84 -77.65% | 563.12 -67.04% | 742.08 -56.56% | 974.41 -42.96% |
Historical Chipotle Mexican Grill Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Chipotle Mexican Grill
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 14, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 16, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for CMG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-13 | Niccol Brian R | sold | -1,523,530 | 1,537 | -991 | chairman, ceo |
2023-03-13 | Niccol Brian R | sold (taxes) | -534,995 | 1,550 | -345 | chairman, ceo |
2023-03-13 | Niccol Brian R | acquired | 534,667 | 400 | 1,336 | chairman, ceo |
2023-02-16 | Niccol Brian R | sold | -9,281,460 | 1,646 | -5,636 | chairman, ceo |
2023-02-15 | Garner Curtis E | acquired | - | - | 3,571 | chief technology officer |
2023-02-15 | Schalow Laurie | acquired | - | - | 1,113 | chief corp affairs, food sft |
2023-02-15 | Boatwright Scott | sold (taxes) | -2,835,150 | 1,644 | -1,724 | chief restaurant officer |
2023-02-15 | Hartung Jack | sold (taxes) | -2,652,610 | 1,644 | -1,613 | chief financial & admn officer |
2023-02-15 | Brandt Christopher W | acquired | - | - | 2,976 | chief marketing officer |
2023-02-15 | Niccol Brian R | sold (taxes) | -10,306,200 | 1,644 | -6,267 | chairman, ceo |
Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.
CMG Income Statement
2022-09-30Condensed Consolidated Statements Of Income And Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
| Total revenue | $ 2,220,175 | $ 1,952,315 | $ 6,454,053 | $ 5,586,428 |
| Restaurant operating costs (exclusive of depreciation and amortization shown separately below): | ||||
| Food, beverage and packaging | 662,540 | 591,332 | 1,963,394 | 1,688,481 |
| Labor | 557,178 | 502,757 | 1,639,044 | 1,400,932 |
| Occupancy | 115,826 | 104,223 | 341,777 | 309,422 |
| Other operating costs | 322,085 | 294,650 | 970,261 | 876,602 |
| General and administrative expenses | 140,896 | 145,930 | 429,118 | 447,077 |
| Depreciation and amortization | 71,416 | 63,191 | 212,814 | 188,395 |
| Pre-opening costs | 7,618 | 5,894 | 18,219 | 14,280 |
| Impairment, closure costs, and asset disposals | 6,363 | 4,658 | 15,354 | 14,592 |
| Total operating expenses | 1,883,922 | 1,712,635 | 5,589,981 | 4,939,781 |
| Income from operations | 336,253 | 239,680 | 864,072 | 646,647 |
| Interest and other income (expense), net | 3,712 | (126) | 14,071 | (1,443) |
| Income before income taxes | 339,965 | 239,554 | 878,143 | 645,204 |
| Provision for income taxes | (82,827) | (35,120) | (202,769) | (125,695) |
| Net income | $ 257,138 | $ 204,434 | $ 675,374 | $ 519,509 |
| Earnings per share: | ||||
| Basic | $ 9.26 | $ 7.26 | $ 24.20 | $ 18.46 |
| Diluted | $ 9.20 | $ 7.18 | $ 24.02 | $ 18.22 |
| Weighted-average common shares outstanding: | ||||
| Basic | 27,773 | 28,150 | 27,907 | 28,137 |
| Diluted | 27,956 | 28,475 | 28,116 | 28,520 |
| Other comprehensive income (loss), net of income taxes: | ||||
| Foreign currency translation adjustments | $ (2,257) | $ (956) | $ (3,542) | $ (914) |
| Comprehensive income | 254,881 | 203,478 | 671,832 | 518,595 |
| Food and Beverage [Member] | ||||
| Total revenue | 2,202,336 | 1,932,409 | 6,394,094 | 5,517,764 |
| Delivery Service [Member] | ||||
| Total revenue | $ 17,839 | $ 19,906 | $ 59,959 | $ 68,664 |
CMG Balance Sheet
2022-09-30Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 366,623 | $ 815,374 |
| Accounts receivable, net | 71,276 | 99,599 |
| Inventory | 33,752 | 32,826 |
| Prepaid expenses and other current assets | 76,439 | 78,756 |
| Income tax receivable | 112,064 | 94,064 |
| Investments | 417,278 | 260,945 |
| Total current assets | 1,077,432 | 1,381,564 |
| Leasehold improvements, property and equipment, net | 1,871,623 | 1,769,278 |
| Long-term investments | 442,620 | 274,311 |
| Restricted cash | 30,974 | 30,856 |
| Operating lease assets | 3,309,051 | 3,118,294 |
| Other assets | 63,798 | 56,716 |
| Goodwill | 21,939 | 21,939 |
| Total assets | 6,817,437 | 6,652,958 |
| Current liabilities: | ||
| Accounts payable | 167,842 | 163,161 |
| Accrued payroll and benefits | 128,495 | 162,405 |
| Accrued liabilities | 156,455 | 173,052 |
| Unearned revenue | 133,118 | 156,351 |
| Current operating lease liabilities | 231,947 | 218,713 |
| Total current liabilities | 817,857 | 873,682 |
| Commitments and contingencies (Note 10) | ||
| Long-term operating lease liabilities | 3,497,221 | 3,301,601 |
| Deferred income tax liabilities | 133,255 | 141,765 |
| Other liabilities | 41,723 | 38,536 |
| Total liabilities | 4,490,056 | 4,355,584 |
| Shareholders' equity: | ||
| Preferred stock, $0.01 par value, 600,000 shares authorized, no shares issued as of September 30, 2022 and December 31, 2021, respectively | 0 | 0 |
| Common stock, $0.01 par value, 230,000 shares authorized, 37,306 and 37,132 shares issued as of September 30, 2022 and December 31, 2021, respectively | 373 | 371 |
| Additional paid-in capital | 1,807,938 | 1,729,312 |
| Treasury stock, at cost, 9,555 and 9,052 common shares as of September 30, 2022 and December 31, 2021, respectively | (4,076,555) | (3,356,102) |
| Accumulated other comprehensive loss | (8,896) | (5,354) |
| Retained earnings | 4,604,521 | 3,929,147 |
| Total shareholders' equity | 2,327,381 | 2,297,374 |
| Total liabilities and shareholders' equity | $ 6,817,437 | $ 6,652,958 |