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Companies / Consumer Discretionary / Chipotle Mexican Grill
CMG

Chipotle Mexican Grill

Consumer DiscretionaryRestaurantsS&P 500
Ticker CMGNEWPORT BEACH, CAFiscal year ends DecemberBook value per share $1.70Diluted shares 1.3B

Chipotle Mexican Grill, Inc. (NYSE: CMG) owns and operates restaurants serving burritos, burrito bowls, quesadillas, tacos and salads, primarily to restaurant guests in the United States and internationally. Its menu features fresh ingredients and the company’s Food with Integrity sourcing standards. Chipotle also… From the company’s description.

In fiscal 2025, Chipotle Mexican Grill reported revenue of $11.93B, up 5.4% from fiscal 2024, and net income of $1.54B. Its operating margin was 16.2%, and operations generated $2.11B in cash. Over the twelve months to Jun 30, 2026, revenue was $12.42B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$11.93BFY2025
+5.4% year over year
Last 12 mo $12.42B
16.23%FY2025
−0.7 percentage points
Last 12 mo 14.65%
$1.54BFY2025
+0.1% year over year
Last 12 mo $1.42B
55.00%FY2025
+12.5 percentage points
Last 12 mo 64.52%
Cash & financing
$2.11BFY2025
+0.4% year over year
Last 12 mo $2.33B
$1.45BFY2025
−4.2% year over year
Last 12 mo $1.57B
—
1.3BFY2025
−2.5% year over year
Last 12 mo 1.3B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Chipotle Mexican Grill does

In the company’s own words

Chipotle Mexican Grill, Inc. (NYSE: CMG) owns and operates restaurants serving burritos, burrito bowls, quesadillas, tacos and salads, primarily to restaurant guests in the United States and internationally. Its menu features fresh ingredients and the company’s Food with Integrity sourcing standards. Chipotle also offers digital ordering, pickup through its Chipotlane drive-through format, delivery and catering. It operates as one reportable segment, with revenue generated from restaurant sales; it also has international partner-operated locations that it does not control or manage day to day. At December 31, 2025, the company owned 3,938 U.S. restaurants and 104 international restaurants, and had 14 partner-operated international restaurants. Its Chipotle brand includes trademarks such as Chipotle Mexican Grill, Food with Integrity, Responsibly Raised and Chipotle Rewards. The company opened its first restaurant in Denver in 1993. Its website is www.chipotle.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Restaurants
Headquarters
NEWPORT BEACH, CA
Fiscal year end
December
CIK
1058090
SIC
5812

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.24B$2.48B$6.21B$9.94B$13.67B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Chipotle Mexican Grill — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

791
funds hold it
0 of 35
superinvestors hold it
$16.81B
held by funds, at market
39.5%
of shares held by funds

Largest fund holders · Chipotle Mexican Grill’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.07%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.42%of fund net assets
0.42%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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