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Chipotle Mexican Grill CMG Return on invested capital

Return on invested capital at other companies

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McDonald'sMCD
25.3%+5.5pp
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27.6%+9.2pp
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14%-5.5pp
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-5.7%-2.0pp
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SweetgreenSG
-23%+10.3pp
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El Pollo LocoLOCO
6.8%+0.2pp

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 trailing twelve months.

The source filing: Chipotle Mexican Grill’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:10 PM EDT
Accession
0001058090-26-000063

FAQ

What is Chipotle Mexican Grill's return on invested capital?
Chipotle Mexican Grill (CMG) reported return on invested capital of 18.6% in Q2 2026.
How has Chipotle Mexican Grill's return on invested capital changed year-over-year?
Chipotle Mexican Grill's return on invested capital decreased by 7.5% year-over-year, from 20.2% to 18.6%.
What is the long-term trend for Chipotle Mexican Grill's return on invested capital?
Over 5 years (2020 to 2025), Chipotle Mexican Grill's return on invested capital has grown at a 23.9% compound annual growth rate (CAGR), from 6.8% to 19.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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