CMG vs QSR vs DPZ Stock Comparison

Chipotle Mexican Grill, Restaurant Brands International and Dominos Pizza Prices as of Oct 26, 2026 Peers: Industry group
CMG Chipotle Mexican Grill Inc
$28.42 -9.3% 1M -31.0% 1Y
Market cap
$35.79B
P/E
25.2x
Revenue (TTM)
$12.42B
Div. yield
–
Quick-Service Restaurants Consumer Discretionary
3 wins
DPZ Dominos Pizza Inc
$313.32 +7.2% 1M -24.5% 1Y
Market cap
$10.23B
P/E
16.8x
Revenue (TTM)
$5.07B
Div. yield
–
Quick-Service Restaurants Consumer Discretionary
3 wins

Head to Head

11 decided of 12

Restaurant Brands International leads on 5 of the 12 questions below (Restaurant Brands International 5, Chipotle Mexican Grill 3, Dominos Pizza 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMGQSRDPZLeader
Larger companyMarket capitalisation $35.79B $25.65B $10.23B CMG
Cheaper on earningsLower P/E, profitable companies only 25.2x 20.1x 16.8x DPZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.6x 18.8x 17.6x DPZ
Faster revenue growthRevenue growth, trailing twelve months +7.3% +6.5% +4.5% CMG
More profitableNet margin, trailing twelve months 11.4% 13.1% 12.0% QSR
Better return on capitalReturn on invested capital — 12.1% 85.1% DPZ
Less leveragedLower net debt / EBITDA — 4.2x 4.3x QSR
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -31.0% +10.4% -24.5% QSR
Better 5-year returnAnnualised price return, 5 years -4.3%/yr +5.7%/yr -8.2%/yr QSR
Less volatileAnnualised volatility, 1 year 44.9% 25.0% 32.2% QSR
Higher overall scoreMean of the five percentile scores vs peers 64/100 52/100 53/100 CMG

Percentile Scorecard

CMGQSRDPZ

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCMGQSRDPZ
Valuation 25 #38 of 50 43 #29 of 50 47 #27 of 50
Growth 41 #28 of 47 63 #18 of 47 37 #30 of 47
Profitability 91 #5 of 46 67 #16 of 46 89 #6 of 46
Financial Health 64 #19 of 51 30 #36 of 51 14 #44 of 51
Shareholder Returns 100 #1 of 33 56 #15 of 33 78 #8 of 33
Overall 64 52 53
  • CMG ranked among 53 companies in Restaurants
  • QSR ranked among 53 companies in Restaurants
  • DPZ ranked among 53 companies in Restaurants

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCMGQSRDPZSPY
1 month -9.3%+3.9%+7.2% -0.8%
3 months -14.4%+0.0%-8.8% +3.5%
6 months -15.5%-5.6%-6.6% +7.0%
Year to date -23.2%+9.1%-24.8% +12.2%
1 year -31.0%+10.4%-24.5% +13.0%
3 years -24.7%+13.0%-8.0% +86.3%
3 years, per year -9.0%+4.2%-2.7% +23.1%
5 years -19.5%+31.7%-34.8% +68.6%
5 years, per year -4.3%+5.7%-8.2% +11.0%
10 years +286.1%+72.8%+90.1% +258.0%
10 years, per year +14.5%+5.6%+6.6% +13.6%

Risk

MeasureCMGQSRDPZSPY
Volatility, 1Y 44.9%25.0%32.2% 12.7%
Downside volatility, 1Y 50.4%25.8%33.1% 12.7%
Beta vs S&P 500, 1Y 0.610.050.07 1.00
Return / volatility, 1Y -0.690.42-0.76 1.02
Max drawdown, 5Y -59.9%-27.5%-49.8% -25.4%
From 52-week high -30.8%-8.8%-28.5% -1.8%
52-week high $41.06$81.67$438.42 $779.14
52-week low $27.51$65.69$283.03 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCMGQSRDPZ
P/E now vs peer median 25.6xmedian 20.5x 20.4xmedian 20.5x 17.0xmedian 20.5x
P/S now vs peer median 2.9xmedian 1.1x 2.7xmedian 1.1x 2.0xmedian 1.1x
EV/EBITDA now vs peer median 16.1xmedian 13.3x 13.0xmedian 13.3x 13.7xmedian 13.3x
P/FCF now vs peer median 22.9xmedian 17.5x 15.9xmedian 17.5x 16.2xmedian 17.5x
P/B now vs peer median 16.3xmedian 3.1x 4.8xmedian 3.1x -2.6xmedian 3.1x
PEG now vs peer median 2.25median 1.07 2.70median 1.07 2.19median 1.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCMGQSRDPZ
Revenue $12.42B $9.70B $5.07B
Gross profit – $5.24B $2.03B
Operating income $1.82B $2.61B $999.84M
Net income $1.42B $1.70B $609.38M
Free cash flow $1.57B $1.63B $635.69M
EPS (diluted) $1.11 $2.77 $18.40
Cash & equivalents $228.20M $1.06B $229.04M
Total debt – $13.29B $4.89B
Shares (diluted) 1.28B 460.00M 33.11M
Enterprise value $31.77B $21.20B $9.48B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCMGQSRDPZ
P/E 25.6x 20.4x 17.0x
P/FCF 22.9x 15.9x 16.2x
P/Operating cash flow 15.5x 13.7x 13.6x
P/S 2.9x 2.7x 2.0x
P/B 16.3x 4.8x -2.6x
P/Tangible book 16.3x -4.7x -2.6x
EV/EBITDA 16.1x 13.0x 13.7x
EV/EBIT 19.4x 14.7x 15.0x
EV/Revenue 2.8x 3.9x 3.0x
EV/FCF 22.5x 23.4x 23.5x
EV/Operating cash flow 15.2x 20.1x 19.7x
PEG (3Y EPS CAGR) 2.25 2.70 2.19

Growth

14 metrics
MetricCMGQSRDPZ
Revenue growth (1Y) 7.3% 6.5% 4.5%
Revenue CAGR (3Y) 10.2% 12.7% 4.3%
Gross profit growth (1Y) – 5.1% 5.1%
Gross profit CAGR (3Y) – 6.1% 6.1%
Operating income growth (1Y) -5.6% 22.3% 7.3%
Operating income CAGR (3Y) 8.3% 11.0% 2.0%
Net income growth (1Y) -7.9% 41.5% 3.4%
Net income CAGR (3Y) 8.4% 4.4% 5.4%
EPS growth (1Y) -2.8% 47.2% 6.6%
EPS CAGR (3Y) 11.4% 7.5% 7.7%
Operating cash flow growth (1Y) 11.3% 19.9% 4.1%
Operating cash flow CAGR (3Y) 9.1% 13.3% 10.3%
Free cash flow growth (1Y) 7.0% 20.5% 0.7%
Free cash flow CAGR (3Y) 7.8% 11.2% 10.5%

Profitability

14 metrics
MetricCMGQSRDPZ
Gross margin – 54.0% 40.0%
EBITDA margin 17.7% 30.3% 21.6%
Operating margin 14.7% 26.9% 19.7%
Pretax margin 15.0% 21.7% 15.4%
Net margin 11.4% 13.1% 12.0%
FCF margin 12.6% 16.8% 12.5%
Operating cash flow margin 18.7% 19.6% 15.0%
Return on equity 61.6% 31.8% –
Return on assets 16.1% 6.8% 34.5%
Return on invested capital – 12.1% 85.1%
Return on capital employed 24.2% 11.5% –
Asset turnover 1.4x 0.4x 2.9x
Cash conversion (OCF / net income) 1.6x 1.1x 1.2x
Stock comp / revenue 0.8% 1.4% 0.9%

Financial Health

11 metrics
MetricCMGQSRDPZ
Debt / assets – 53.1% 276.6%
Debt / equity – 2.5x -1.2x
Net debt / EBITDA – 4.2x 4.3x
Debt / FCF – 8.1x 7.7x
Liabilities / assets 75.2% 78.4% 323.9%
Equity / assets 24.8% 21.6% -223.9%
Interest coverage – – 5.0x
Current ratio 0.7x 1.0x 0.5x
Quick ratio 0.6x 0.8x 0.3x
Cash ratio 0.5x 0.5x 0.1x
Altman Z-score 5.26 1.65 2.03

Shareholder Returns

7 metrics
MetricCMGQSRDPZ
Dividend yield – 3.5% 2.5%
Net buyback yield 7.7% 0.5% 3.6%
Shareholder yield 7.7% 3.9% 6.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCMGQSRDPZ
Forward P/E 26.6xFY2026 18.8xFY2026 17.6xFY2026
EPS, next fiscal year $1.07FY2026 $3.96FY2026 $17.79FY2026
EPS growth, next FY -8.5%FY2026 +7.3%FY2026 +1.3%FY2026
EPS growth, the year after +19.6% +8.1% +10.5%
Revenue, next fiscal year $13.54BFY2026 $10.27BFY2026 $5.29BFY2026
Revenue growth, next FY +13.5%FY2026 +8.9%FY2026 +7.2%FY2026
Revenue growth, the year after +9.8% -10.0% +3.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMGQSRDPZ
Held by institutions 89.5% 92.2% 100.0%
Institutions holding 1,197 575 733
Change in shares held, QoQ +0.3% +6.5% +2.4%
Institutions buying 510 319 381
Institutions selling 527 165 288
Buyers to sellers 0.97 1.93 1.32

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CMGQSRDPZ
CMG 1.00 0.29 0.29
QSR 0.29 1.00 0.43
DPZ 0.29 0.43 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CMG, QSR and DPZ?

Chipotle Mexican Grill (CMG) is the largest by market capitalisation: Chipotle Mexican Grill (CMG) $35.79B, Restaurant Brands International (QSR) $25.65B, Dominos Pizza (DPZ) $10.23B.

Which stock is cheaper, CMG, QSR and DPZ?

Dominos Pizza (DPZ) trades on the lowest price-to-earnings ratio (Chipotle Mexican Grill (CMG) 25.2x, Restaurant Brands International (QSR) 20.1x, Dominos Pizza (DPZ) 16.8x). On next year's consensus earnings, Dominos Pizza (DPZ) is cheapest (Chipotle Mexican Grill (CMG) 26.6x, Restaurant Brands International (QSR) 18.8x, Dominos Pizza (DPZ) 17.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Chipotle Mexican Grill (CMG) grew revenue fastest over the trailing twelve months: Chipotle Mexican Grill (CMG) +7.3%, Restaurant Brands International (QSR) +6.5%, Dominos Pizza (DPZ) +4.5%.

Which company is more profitable?

Restaurant Brands International (QSR) has the highest net margin (Chipotle Mexican Grill (CMG) 11.4%, Restaurant Brands International (QSR) 13.1%, Dominos Pizza (DPZ) 12.0%). On return on invested capital, Dominos Pizza (DPZ) leads (Restaurant Brands International (QSR) 12.1%, Dominos Pizza (DPZ) 85.1%).

Which stock has performed better?

Over the past year Restaurant Brands International (QSR) returned the most: Chipotle Mexican Grill (CMG) -31.0%, Restaurant Brands International (QSR) +10.4%, Dominos Pizza (DPZ) -24.5%. Over five years, Restaurant Brands International (QSR) compounded fastest (Chipotle Mexican Grill (CMG) -4.3%/yr, Restaurant Brands International (QSR) +5.7%/yr, Dominos Pizza (DPZ) -8.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Restaurant Brands International (QSR) has been the steadiest (Chipotle Mexican Grill (CMG) 44.9%, Restaurant Brands International (QSR) 25.0%, Dominos Pizza (DPZ) 32.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CMG, QSR and DPZ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Restaurant Brands International (QSR) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.