Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $11.3 billion in 2024. The Mexican concept is almost exclusively company-owned, with just three license stores operated through a master franchise relationship with Alshaya Group in the Middle East. It had a footprint of 3,726 stores at the end of 2024, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
1998
131.8K+
LTM Revenue $11.7B
LTM EBITDA $2.4B
$70.2B
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Chipotle has a last 12-month revenue of $11.7B and a last 12-month EBITDA of $2.4B.
In the most recent fiscal year, Chipotle achieved revenue of $11.3B and an EBITDA of $2.3B.
Chipotle expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Chipotle valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $9.9B | $11.3B | XXX | XXX | XXX |
Gross Profit | $2.1B | $2.6B | XXX | XXX | XXX |
Gross Margin | 21% | 23% | XXX | XXX | XXX |
EBITDA | $2.0B | $2.3B | XXX | XXX | XXX |
EBITDA Margin | 20% | 21% | XXX | XXX | XXX |
Net Profit | $899M | $1.2B | XXX | XXX | XXX |
Net Margin | 9% | 11% | XXX | XXX | XXX |
Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Chipotle's stock price is $49.
Chipotle has current market cap of $67.0B, and EV of $70.2B.
See Chipotle trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$70.2B | $67.0B | XXX | XXX | XXX | XXX | $1.17 |
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Sign UpAs of April 15, 2025, Chipotle has market cap of $67.0B and EV of $70.2B.
Chipotle's trades at 6.0x LTM EV/Revenue multiple, and 29.6x LTM EBITDA.
Analysts estimate Chipotle's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Chipotle and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $70.2B | XXX | XXX | XXX |
EV/Revenue | 6.2x | XXX | XXX | XXX |
EV/EBITDA | 30.2x | XXX | XXX | XXX |
P/E | 43.7x | XXX | XXX | XXX |
P/E/Growth | 2.9x | XXX | XXX | XXX |
EV/FCF | 46.4x | XXX | XXX | XXX |
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Sign UpChipotle's NTM/LTM revenue growth is 12%
Chipotle's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $8K for the same period.
Over next 12 months, Chipotle's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Chipotle's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Chipotle and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 15% | XXX | XXX | XXX | XXX |
EBITDA Margin | 21% | XXX | XXX | XXX | XXX |
EBITDA Growth | 19% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 32% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
Opex per Employee | $8K | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 6% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
Opex to Revenue | 9% | XXX | XXX | XXX | XXX |
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Americana Restaurants | XXX | XXX | XXX | XXX | XXX | XXX |
Collins Foods | XXX | XXX | XXX | XXX | XXX | XXX |
Domino's Pizza Enterprises | XXX | XXX | XXX | XXX | XXX | XXX |
Endeavour Group | XXX | XXX | XXX | XXX | XXX | XXX |
Guzman y Gomez | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Chipotle acquired XXX companies to date.
Last acquisition by Chipotle was XXXXXXXX, XXXXX XXXXX XXXXXX . Chipotle acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
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XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was Chipotle founded? | Chipotle was founded in 1998. |
Where is Chipotle headquartered? | Chipotle is headquartered in United States of America. |
How many employees does Chipotle have? | As of today, Chipotle has 131.8K+ employees. |
Who is the CEO of Chipotle? | Chipotle's CEO is Mr. Scott Boatwright. |
Is Chipotle publicy listed? | Yes, Chipotle is a public company listed on NYS. |
What is the stock symbol of Chipotle? | Chipotle trades under CMG ticker. |
When did Chipotle go public? | Chipotle went public in 2006. |
Who are competitors of Chipotle? | Similar companies to Chipotle include e.g. Americana Restaurants, Collins Foods, Domino's Pizza Enterprises, Endeavour Group. |
What is the current market cap of Chipotle? | Chipotle's current market cap is $67.0B |
What is the current revenue of Chipotle? | Chipotle's last 12-month revenue is $11.7B. |
What is the current EBITDA of Chipotle? | Chipotle's last 12-month EBITDA is $2.4B. |
What is the current EV/Revenue multiple of Chipotle? | Current revenue multiple of Chipotle is 6.0x. |
What is the current EV/EBITDA multiple of Chipotle? | Current EBITDA multiple of Chipotle is 29.6x. |
What is the current revenue growth of Chipotle? | Chipotle revenue growth between 2023 and 2024 was 15%. |
Is Chipotle profitable? | Yes, Chipotle is EBITDA-positive (as of the last 12 months). |
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