Chipotle Mexican Grill CMG · USD
Consumer Discretionary · Hotels, Restaurants & Leisure · US listing · 🇺🇸 United States
S&P 500
35.74
+3.80%
Close of 9 Nov 2026, in USD
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About Chipotle Mexican Grill
From its filings with the US Securities and Exchange Commission
Chipotle Mexican Grill is based in Newport Beach, California. Its shares trade on NYSE under the ticker CMG. It is a member of the S&P 500. The SEC classifies its business as retail-eating places. In the fiscal year to 31 December 2025, it reported revenue of $11.93bn and net income of $1.54bn. At that date it held total assets of $8.99bn and shareholders' equity of $2.83bn. By business, Food and beverage revenue brought in 99.5% of revenue, followed by Delivery service revenue at 0.5%.
Chipotle Mexican Grill, Inc., a Delaware corporation, together with its subsidiaries (“Chipotle,” “we,” “us,” or “our”) owns and operates Chipotle Mexican Grill restaurants, which feature a relevant menu of burritos, burrito bowls (a burrito without the tortilla), quesadillas, tacos, and salads. We strive to cultivate a better world by serving responsibly sourced, classically cooked, real food with wholesome ingredients and without artificial colors, flavors or preservatives. We are passionate about providing a great guest experience and making our food more accessible to everyone while continuing to be a brand with a demonstrated purpose. Our first Chipotle restaurant opened in Denver, Colorado in 1993. Over 30 years later, our devotion to seeking out high-quality ingredients, raised with respect for animals, farmers, and the environment, remains at the core of our commitment to Food with Integrity.
As of December 31, 2025, we owned 3,938 Chipotle restaurants throughout the United States (“U.S.”) and 104 international Chipotle restaurants. Additionally, we had 14 international partner-operated restaurants. Partner-operated restaurants represent Chipotle restaurants over which Chipotle does not have a controlling financial interest and for which Chipotle does not directly manage day-to-day operations. This includes restaurants operated by third parties pursuant to license or franchise agreements and restaurants in which Chipotle holds a minority, non-controlling ownership interest. We manage our U.S.
Quoted from its 10-K, filed 4 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants & Leisure
- Listed since
- 26 Jan 2006
- Employees
- 130,301
- Website
- chipotle.com ↗
- Head office
- 610 NEWPORT CENTER DR, NEWPORT BEACH, CA, 92660
- Classification
- Retail-Eating Places
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Scott MawIndependent Chairman of the Board$505,389
- Mr. Curtis GarnerPresident, Chief Strategy and Technology Officer$16.0m
- Mr. Scott BoatwrightChief Executive Officer, Director, since 2017$19.1m
- Mr. Adam RymerChief Financial Officer$5.4m
- Ms. Ilene EskenaziChief Legal and Human Resources Officer
- Ms. Stephanie PerdueInterim Chief Marketing Officer
- Ms. Laurie SchalowChief Corporate Affairs and Food Safety Officer
- Mr. Albert BaldocchiIndependent Director$335,181
- Mr. Matthew CareyIndependent Director$340,181
- Ms. Patricia Fili-KrushelIndependent Director$377,681
- Ms. Laura FuentesIndependent Director$340,181
- Mr. Mauricio GutierrezIndependent Director$335,598
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 56
- Environment
- 44
- Social
- 73
- Governance
- 51
- Direct emissions (scope 1)
- 145,478 t
- Energy emissions (scope 2)
- 154,557 t
- Value chain emissions (scope 3)
- 4,099,748 t
- Women in the workforce
- 57.40758%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- One of Chipotle Mexican Grill's key strengths is its strong brand image and reputation, which is built on the company's commitment to using high-quality and sustainably sourced ingredients. This emphasis on food integrity has resonated with consumers and helped differentiate Chipotle from its competitors.
- Another strength is Chipotle's robust financial performance, with consistent revenue growth and profitability over the years. This has allowed the company to invest in expanding its operations and explore new market opportunities.
- Chipotle's efficient supply chain management and vertically integrated model also contribute to its strengths. By directly sourcing ingredients from suppliers, the company maintains control over quality and reduces costs.
Weaknesses
- One of the weaknesses of Chipotle Mexican Grill is its vulnerability to supply chain disruptions and food safety issues. In the past, the company faced several foodborne illness outbreaks, which damaged its reputation and led to decreased customer trust.
- Chipotle's limited menu options compared to some of its competitors could also be considered a weakness. While the focused menu allows for operational efficiency, it may not appeal to a broader range of customer preferences.
- Additionally, Chipotle has faced criticism for its employee management practices and labor-related issues, including lawsuits related to working conditions and wage violations.
Opportunities
- One opportunity for Chipotle is to further expand its international presence. While the company has made progress in entering global markets, there is still significant room for growth and capturing market share in countries outside of the United States.
- Another opportunity lies in the increased demand for healthier and more sustainable food options. Chipotle's commitment to using organic and locally sourced ingredients positions it well to capitalize on this trend.
- Furthermore, the growing popularity of delivery services and online ordering presents an opportunity for Chipotle to enhance its digital capabilities and leverage technology to drive customer convenience and satisfaction.
Threats
- One of the main threats Chipotle faces is intense competition in the fast-casual dining industry. Rival companies with similar concepts and offerings constantly challenge Chipotle's market position and customer loyalty.
- Economic downturns and fluctuations in consumer spending habits pose another threat. During periods of economic uncertainty, consumers may reduce discretionary spending on dining out, which could impact Chipotle's sales.
- Finally, evolving regulations and compliance requirements related to food safety, employee benefits, and environmental sustainability can present challenges for Chipotle and increase operational costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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