Why did Chipotle Mexican Grill (CMG) stock move recently?

On 8/5/2026, Chipotle Mexican Grill moved -7.9% — Chipotle fell after news of a Salmonella outbreak linked to some Minnesota locations, with the company pulling jalapenos from multiple stores in the state. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Chipotle Mexican Grill (CMG) overvalued or fairly valued?

MarketChacha shows Chipotle Mexican Grill's valuation in context — a trailing P/E of about 27.7, a forward P/E of about 23.5, a price-to-book of about 18.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Chipotle Mexican Grill's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.40×) from reported figures — education, not a rating.

What is Chipotle Mexican Grill's revenue?

Chipotle Mexican Grill reported revenue of $11.9B for FY2025, with net profit of $1.5B, per official filings.

What is the share price of Chipotle Mexican Grill (CMG)?

Chipotle Mexican Grill last traded at $32.14 (-2.0% on the day), as of 8/10/2026 — a delayed quote shown for education, not investment advice.

Chipotle Mexican Grill

CMG · NYSE · Consumer Discretionary · United States

Snapshot

TickerCMG

ExchangeNYSE

SectorConsumer Discretionary

IndustryRestaurants

CountryUnited States

Employees140,000

HeadquartersNewport Beach, United States

Websitewww.chipotle.com

Filings tracked18

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. The company sells food and beverages, such as burritos, burrito bowls, quesadillas, tacos, and salads, as well as kids' meals, chips, and sides. It also offers Mexican-inspired meals using responsibly sourced meats, such as chicken, beef, and pork under the Responsibly Raised brand. In addition, the company provides digital ordering through its website, mobile app, and third-party delivery platforms. It operates in the United States, Canada, France, Germany, and the United Kingdom. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California.

Who owns it

Insiders0.7%
Institutions95.0%
Public & other4.3%

1,717 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.27%
Vanguard Capital Management LLC6.69%
Capital World Investors6.38%
Vanguard Portfolio Management LLC4.83%
State Street Corporation4.40%
Price (T.Rowe) Associates Inc4.25%
JPMORGAN CHASE & CO3.88%
Capital International Investors3.38%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.40×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend12.4% → 12.9%

Margin has held broadly steady over the period — stable profitability.

Return on equity54.3%

Latest ROE of 54.3% — capital is generating a healthy return.

Growth qualityrev 10% · PAT 12%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $3.3B · EPS 0.28

Est. earnings growth +13.7%

Next fiscal year

Rev $14.4B · EPS 1.37

Est. earnings growth +19.0%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$11.9B

Net margin

12.9%

ROE

54.3%

Revenue CAGR (2y)

+9.9%

Profit CAGR (2y)

+11.8%

EPS (FY2025)

1.14

Net profit (FY2025)

$1.5B

Ask MarketChacha about CMG

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 5, 2026
Chipotle fell after news of a Salmonella outbreak linked to some Minnesota locations, with the company pulling jalapenos from multiple stores in the state.
source 1 ↗source 2 ↗· confidence: high
Aug 4, 2026
CMG fell sharply as investors focused on 220bp year-over-year restaurant-level margin compression in Q2 despite the beat and raised full-year comparable sales guidance, with the retreat accelerating after initial post-earnings gains.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium
Jul 27, 2026
No clear company-specific catalyst identified for the 3.72% gain; Chipotle is trading ahead of its July 29 Q2 earnings report amid ongoing promotions including National Avocado Day free chips/guac and recent Mexico expansion buzz, but the move appears driven by broader sentiment.
source 1 ↗source 2 ↗· confidence: low
Jul 22, 2026
No company-specific catalyst identified in recent filings or today's news coverage; the stock moved lower in line with broader market or sector sentiment ahead of its Q2 earnings call scheduled for July 29.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$11.9B	$1.5B	1.14	12.9%	54.3%
FY2024	$11.3B	$1.5B	1.11	13.6%	42.0%
FY2023	$9.9B	$1.2B	0.89	12.4%	40.1%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$3.3B	$403.5M	0.32	12.1%
2026Q1	$3.1B	$302.8M	0.23	9.8%
2025Q3	$3.0B	$382.1M	0.29	12.7%
2025Q2	$3.1B	$436.1M	0.32	14.2%
2025Q1	$2.9B	$386.6M	0.28	13.4%
2024Q3	$2.8B	$387.4M	0.28	13.9%
2024Q2	$3.0B	$455.7M	0.33	15.3%
2024Q1	$2.7B	$359.3M	0.26	13.3%
2023Q3	$2.5B	$313.2M	0.23	12.7%
2023Q2	$2.5B	$341.8M	0.25	13.6%
2023Q1	$2.4B	$291.6M	10.50	12.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure
SEC8/5/2026material
10-Q filing
SEC7/31/2026
8-K — Results of operations, Other events, Exhibits
SEC7/29/2026material
8-K — Other events
SEC7/8/2026material
8-K — Shareholder vote results
SEC6/17/2026material
10-Q filing
SEC4/30/2026
8-K — Results of operations, Exhibits
SEC4/29/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/27/2026material
10-K filing
SEC2/4/2026
8-K — Results of operations, Exhibits
SEC2/3/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC1/12/2026material

2025

8-K — Reg FD disclosure
SEC12/8/2025material
8-K — Executive/director change, Exhibits
SEC11/25/2025material
10-Q filing
SEC10/30/2025
8-K — Results of operations, Exhibits
SEC10/29/2025material
8-K — Reg FD disclosure
SEC9/15/2025material
8-K — Executive/director change
SEC9/5/2025material
8-K — Executive/director change
SEC8/26/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.