Chipotle Mexican Grill (CMG) EV to CFO (2010 - 2026)
Chipotle Mexican Grill's EV to CFO came in at 18.19 for Q2 2026, down 48.4% from 35.26 a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Chipotle Mexican Grill (CMG) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Chipotle Mexican Grill reported EV to CFO of 16.76, down 49.6% year-over-year; for FY2025, it came in at 22.30, down 41.5% from FY2024.
- Going back by year, EV to CFO was 38.15 in FY2024 (+10.8%), 34.44 in FY2023 (+21.7%), 28.29 in FY2022 (-24.4%) and 37.39 in FY2021 (-34.8%).
- The Q2 2026 figure represents the lowest quarterly EV to CFO since Q4 2018.
- Year-over-year, EV to CFO has declined for six consecutive quarters, with an average decline of 18.5% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2024 (growth of 64.5%), and the weakest in Q2 2026 (a decline of 48.4%).
- Business Quant data shows CMG's EV to CFO at 18.20 (Q1 2026), 22.30 (Q4 2025) and 22.75 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.19 |
| Mar 31, 2026 | 18.20 |
| Dec 31, 2025 | 22.30 |
| Sep 30, 2025 | 22.75 |
| Jun 30, 2025 | 35.26 |
| Mar 31, 2025 | 31.65 |
| Dec 31, 2024 | 38.15 |
| Sep 30, 2024 | 41.84 |
| Jun 30, 2024 | 44.90 |
| Mar 31, 2024 | 41.33 |
| Dec 31, 2023 | 34.44 |
| Sep 30, 2023 | 25.43 |
| Jun 30, 2023 | 32.19 |
| Mar 31, 2023 | 30.81 |
| Dec 31, 2022 | 28.29 |
| Sep 30, 2022 | 30.06 |
| Jun 30, 2022 | 27.57 |
| Mar 31, 2022 | 34.56 |
| Dec 31, 2021 | 37.39 |
| Sep 30, 2021 | 52.27 |
API Access
Chipotle Mexican Grill EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=CMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "CMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();