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Chipotle Mexican Grill CMG Net debt / EBITDA

Net debt / EBITDA at other companies

McDonald's logo
McDonald'sMCD
4.1×-0.2×
EAT
Brinker InternationalEAT
2.5×-2.7×
Starbucks logo
StarbucksSBUX
4.1×-0.1×
Yum! Brands logo
Yum! BrandsYUM
0.8×+0.7×
Noodles & Company logo
Noodles & CompanyNDLS
20.7×
El Pollo Loco logo
El Pollo LocoLOCO
-0.3×

Other financials

Income statement

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Revenue$3.3B+9.3%
Operating income$525.6M-6.0%
Net income$403.5M-7.5%
EPS (diluted)$0.320.0%

Balance sheet

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Cash & equivalents$228.2M-73.9%
Total debt$5.4B+13.4%
Total equity$2.2B-37.7%
Total assets$8.9B-4.4%

Cash flow

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Operating cash flow$680.7M+21.3%
CapEx$217.3M+35.3%
Free cash flow$463.4M+15.6%

Valuation

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Market cap$47.19B-17.9%
Enterprise value$52.38B-14.7%
P/E33.3×-4.0×
P/S3.8×-1.2×

Profitability

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Operating margin14.7%-2.0pp
Net margin11.4%-1.9pp
FCF margin12.6%0.0pp

Returns & leverage

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Return on equity49.6%+7.0pp
Debt / equity2.5×+1.1×
Current ratio0.7×-0.9×

Where this comes from

Calculated from Chipotle Mexican Grill’s reported figures.

Based on the most recent quarter.

The source filing: Chipotle Mexican Grill’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 29, 2026, 6:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001058090-26-000028

FAQ

What is Chipotle Mexican Grill's net debt / EBITDA?
Chipotle Mexican Grill (CMG) reported net debt / EBITDA of 2.2× in Q1 2026.
How has Chipotle Mexican Grill's net debt / EBITDA changed year-over-year?
Chipotle Mexican Grill's net debt / EBITDA increased by 32.0% year-over-year, from 1.7× to 2.2×.
What is the long-term trend for Chipotle Mexican Grill's net debt / EBITDA?
Over 5 years (2020 to 2025), Chipotle Mexican Grill's net debt / EBITDA has grown at a -15.6% compound annual growth rate (CAGR), from 4.8× to 2×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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