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Chipotle Mexican Grill CMG Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Operating margin66.3%-0.4pp66.6%+4.9pp61.7%+14.1pp47.6%+11.1pp
Net margin52.8%-0.2pp53%+4.8pp48.2%+10.2pp38%+4.5pp
EBITDA margin78.2%-0.7pp79%+4.3pp74.7%+13.8pp60.9%+10.1pp
Free cash flow margin51.1%+1.2pp49.9%-1.5pp51.4%+10.1pp41.4%+8.9pp
Returns
Return on equity180.5%+1.2pp179.3%-0.9pp180.2%+39.5pp140.7%+24.1pp
Return on assets68.5%-0.7pp69.2%+5.8pp63.4%+15.5pp47.9%+8.8pp
Return on invested capital80.9%-0.9pp81.8%+5.8pp76%+16.0pp60.1%+9.2pp
Efficiency
Asset turnover5.2×0.0×5.2×0.0×5.3×+0.2×+0.4×
Liquidity
Current ratio-0.6×6.5×+0.4×6.1×+0.9×5.2×-1.7×
Quick ratio5.8×-0.5×6.3×+0.4×+0.9×-1.7×
Cash ratio2.4×-0.5×2.9×+0.7×2.2×-0.2×2.4×-1.2×
Leverage
Debt-to-equity+1.1×4.9×-0.8×5.6×-0.9×6.5×+0.4×
Debt-to-assets2.1×+0.2×-0.1×2.1×-0.1×2.2×+0.1×
Net debt / EBITDA7.3×+0.6×6.7×-1.0×7.7×-2.4×10.1×-2.2×
Per Share
Book value per share$9.69-6.9%$10.41-89.1%$95.60-59.7%$237.03-23.9%
Valuation
Market capitalization$243.16B-25.6%$326.82B+48.9%$219.5B+36.3%$161.09B-12.4%
Enterprise value$259.88B-23.8%$341.19B+46.4%$233.05B+34.2%$173.72B-10.7%
Price / earnings157.4×-71.8×229.2×+36.3×192.9×-14.6×207.5×-113×
Price / sales20.8×-9.5×30.3×+7.1×23.3×+3.7×19.6×-6.8×
Price / book74×-17.2×91.2×+12.9×78.3×+6.4×71.9×-10.7×
EV / EBITDA113.7×-46.8×160.5×+28.2×132.3×-7.4×139.7×-83.4×
EV / sales22.3×-9.4×31.7×+6.9×24.7×+3.6×21.1×-6.8×
Free cash flow yield10.1%+3.5pp6.6%-2.3pp8.9%+0.4pp8.5%+3.6pp
Earnings yield10.5%+3.4pp7%-1.3pp8.3%+0.5pp7.9%+2.8pp
PEG ratio313×+304×8.8×+4.5×4.4×-3.1×7.5×+0.8×

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Questions, answered.

Where do Chipotle Mexican Grill's ratios come from?
Every ratio is computed from Chipotle Mexican Grill's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.