Chipotle Mexican Grill, Inc. (CMG) EV/EBITDA Ratio: 19.55x
Is Chipotle Mexican Grill, Inc.’s EV/EBITDA ratio high or low?
Chipotle Mexican Grill, Inc.'s EV/EBITDA ratio of 19.55x is 46% below its 5-year average of 36.09x, near the low end of its 5-year range (18.23x–72.15x).
The EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG) is 19.55x as of Wednesday, June 10, 2026. It is below its 12-month average by 20.08% (24.46x).
CMG EV/EBITDA Ratio Chart
CMG Average EV/EBITDA Ratio Chart
CMG Current vs Average EV/EBITDA Ratio Chart
CMG EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
19.55x
EV/EBITDA RATIO AVG TTM
24.46x
EV/EBITDA RATIO AVG 3Y
32.36x
EV/EBITDA RATIO AVG 5Y
36.09x
EV/EBITDA RATIO AVG 10Y
35.79x
EV/EBITDA RATIO AVG 15Y
31.40x
EV/EBITDA RATIO AVG 20Y
28.09x
CURRENT VS TTM AVG
-20.08%
CURRENT VS 3Y AVG
-39.58%
CURRENT VS 5Y AVG
-45.83%
CURRENT VS 10Y AVG
-45.38%
CURRENT VS 15Y AVG
-37.74%
CURRENT VS 20Y AVG
-30.40%
CMG Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chipotle Mexican Grill, Inc. (CMG) | — | 19.55x | 24.46x | 32.36x | 36.09x |
| Yum! Brands, Inc. (YUM) | $41.77B | 18.90x | 19.83x | 20.00x | 20.28x |
| eBay Inc. (EBAY) | $48.06B | 19.12x | 15.96x | 11.83x | 14.63x |
| Ford Motor Company (F) | $56.36B | 19.82x | 21.78x | 17.53x | 17.69x |
| Ulta Beauty, Inc. (ULTA) | $20.46B | 12.72x | 14.40x | 12.54x | 13.75x |
| Rivian Automotive, Inc. (RIVN) | $18.55B | N/A | N/A | N/A | N/A |
| International Paper Company (IP) | $16.87B | N/A | 14.57x | 10.46x | 10.73x |
| Best Buy Co., Inc. (BBY) | $15.99B | 8.40x | 9.21x | 8.34x | 7.63x |
| DraftKings Inc. (DKNG) | $14.28B | 40.04x | 196.37x | 196.37x | 196.37x |
| Lululemon Athletica Inc. (LULU) | $13.69B | 5.94x | 7.57x | 14.47x | 20.25x |
EV/EBITDA vs. its own history
At 19.6, EV/EBITDA is cheaper than usual — richer than 24% of its 20-year range.
20-year low
5.7
median
25.5
20-year high
72.2
Understanding EV/EBITDA
Enterprise Value (EV) = Market Cap + Total Debt - Cash
EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization
EV/EBITDA is commonly used for comparing companies because:
- It accounts for debt levels (capital structure neutral)
- It removes effects of different depreciation policies
- It can be compared across countries with different tax rates
- It can remain available when net income is negative, if EBITDA is positive
Chipotle Mexican Grill, Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Chipotle Mexican Grill, Inc. EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG)?
- The EV/EBITDA ratio for CMG stock is 19.55x.
- Is Chipotle Mexican Grill, Inc.'s EV/EBITDA ratio high or low?
- Chipotle Mexican Grill, Inc.'s EV/EBITDA ratio of 19.55x is 46% below its 5-year average of 36.09x, near the low end of its 5-year range (18.23x–72.15x).
- What is the TTM average EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG)?
- The TTM average EV/EBITDA ratio for CMG stock is 24.46x.
- What is the 3Y average EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG)?
- The 3Y average EV/EBITDA ratio for CMG stock is 32.36x.
- What is the 5Y average EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG)?
- The 5Y average EV/EBITDA ratio for CMG stock is 36.09x.
- What is the 10Y average EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG)?
- The 10Y average EV/EBITDA ratio for CMG stock is 35.79x.
- What is the 15Y average EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG)?
- The 15Y average EV/EBITDA ratio for CMG stock is 31.40x.
- What is the 20Y average EV/EBITDA ratio for Chipotle Mexican Grill, Inc. (CMG)?
- The 20Y average EV/EBITDA ratio for CMG stock is 28.09x.
Chipotle Mexican Grill, Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 19.55x |
| 2026-06-09 | 19.19x |
| 2026-06-08 | 18.85x |
| 2026-06-05 | 18.89x |
| 2026-06-04 | 18.23x |
| 2026-06-03 | 18.54x |
| 2026-06-02 | 18.84x |
| 2026-06-01 | 19.58x |
| 2026-05-29 | 20.32x |
| 2026-05-28 | 20.64x |
| 2026-05-27 | 20.79x |
| 2026-05-26 | 20.58x |
| 2026-05-22 | 20.91x |
| 2026-05-21 | 20.86x |
| 2026-05-20 | 20.95x |
| 2026-05-19 | 20.99x |
| 2026-05-18 | 21.40x |
| 2026-05-15 | 20.77x |
| 2026-05-14 | 20.45x |
| 2026-05-13 | 20.46x |
| 2026-05-12 | 20.78x |
| 2026-05-11 | 20.36x |
| 2026-05-08 | 20.68x |
| 2026-05-07 | 21.12x |
| 2026-05-06 | 20.82x |
| 2026-05-05 | 20.58x |
| 2026-05-04 | 20.39x |
| 2026-05-01 | 20.96x |
| 2026-04-30 | 21.53x |
| 2026-04-29 | 20.96x |
| 2026-04-28 | 22.28x |
| 2026-04-27 | 22.70x |
| 2026-04-24 | 23.02x |
| 2026-04-23 | 22.85x |
| 2026-04-22 | 23.52x |
| 2026-04-21 | 24.04x |
| 2026-04-20 | 23.92x |
| 2026-04-17 | 23.92x |
| 2026-04-16 | 23.50x |
| 2026-04-15 | 23.60x |
| 2026-04-14 | 23.42x |
| 2026-04-13 | 23.23x |
| 2026-04-10 | 22.95x |
| 2026-04-09 | 23.04x |
| 2026-04-08 | 22.79x |
| 2026-04-07 | 22.38x |
| 2026-04-06 | 22.63x |
| 2026-04-02 | 22.44x |
| 2026-04-01 | 22.14x |
| 2026-03-31 | 21.80x |
| 2026-03-30 | 21.32x |
| 2026-03-27 | 21.16x |
| 2026-03-26 | 21.89x |
| 2026-03-25 | 22.07x |
| 2026-03-24 | 22.21x |
| 2026-03-23 | 22.55x |
| 2026-03-20 | 22.55x |
| 2026-03-19 | 22.31x |
| 2026-03-18 | 22.15x |
| 2026-03-17 | 23.13x |
| 2026-03-16 | 22.95x |
| 2026-03-13 | 22.08x |
| 2026-03-12 | 22.10x |
| 2026-03-11 | 22.82x |
| 2026-03-10 | 23.30x |
| 2026-03-09 | 23.62x |
| 2026-03-06 | 23.67x |
| 2026-03-05 | 24.61x |
| 2026-03-04 | 24.41x |
| 2026-03-03 | 24.53x |
| 2026-03-02 | 24.40x |
| 2026-02-27 | 24.69x |
| 2026-02-26 | 25.16x |
| 2026-02-25 | 24.85x |
| 2026-02-24 | 24.29x |
| 2026-02-23 | 24.36x |
| 2026-02-20 | 24.87x |
| 2026-02-19 | 25.11x |
| 2026-02-18 | 25.53x |
| 2026-02-17 | 25.06x |
| 2026-02-13 | 24.18x |
| 2026-02-12 | 23.93x |
| 2026-02-11 | 24.69x |
| 2026-02-10 | 25.37x |
| 2026-02-09 | 26.01x |
| 2026-02-06 | 25.90x |
| 2026-02-05 | 25.38x |
| 2026-02-04 | 26.20x |
| 2026-02-03 | 24.16x |
| 2026-02-02 | 23.79x |
| 2026-01-30 | 23.99x |
| 2026-01-29 | 24.12x |
| 2026-01-28 | 24.16x |
| 2026-01-27 | 24.44x |
| 2026-01-26 | 24.48x |
| 2026-01-23 | 25.13x |
| 2026-01-22 | 24.94x |
| 2026-01-21 | 25.05x |
| 2026-01-20 | 24.06x |
| 2026-01-16 | 24.61x |
| 2026-01-15 | 24.84x |
| 2026-01-14 | 24.97x |
| 2026-01-13 | 24.30x |
| 2026-01-12 | 24.83x |
| 2026-01-09 | 24.70x |
| 2026-01-08 | 24.17x |
| 2026-01-07 | 23.99x |
| 2026-01-06 | 23.85x |
| 2026-01-05 | 23.64x |
| 2026-01-02 | 23.20x |
| 2025-12-31 | 22.92x |
| 2025-12-30 | 22.95x |
| 2025-12-29 | 23.00x |
| 2025-12-26 | 23.39x |
| 2025-12-24 | 23.44x |
| 2025-12-23 | 23.37x |
| 2025-12-22 | 23.45x |
| 2025-12-19 | 23.29x |
| 2025-12-18 | 23.28x |
| 2025-12-17 | 22.92x |
| 2025-12-16 | 22.16x |
| 2025-12-15 | 22.32x |
| 2025-12-12 | 22.43x |
| 2025-12-11 | 21.71x |
| 2025-12-10 | 21.18x |
| 2025-12-09 | 21.06x |
| 2025-12-08 | 20.99x |
| 2025-12-05 | 21.18x |
| 2025-12-04 | 21.30x |
| 2025-12-03 | 21.17x |
| 2025-12-02 | 21.29x |
| 2025-12-01 | 21.35x |
| 2025-11-28 | 21.51x |
| 2025-11-26 | 21.23x |
| 2025-11-25 | 20.87x |
| 2025-11-24 | 19.61x |
| 2025-11-21 | 19.86x |
| 2025-11-20 | 19.13x |
| 2025-11-19 | 19.50x |
| 2025-11-18 | 19.37x |
| 2025-11-17 | 19.23x |
| 2025-11-14 | 19.83x |
| 2025-11-13 | 19.72x |
| 2025-11-12 | 19.68x |
| 2025-11-11 | 18.82x |
| 2025-11-10 | 19.21x |
| 2025-11-07 | 19.27x |
| 2025-11-06 | 19.25x |
| 2025-11-05 | 20.06x |
| 2025-11-04 | 19.92x |
| 2025-11-03 | 19.79x |
| 2025-10-31 | 19.90x |
| 2025-10-30 | 20.37x |
| 2025-10-29 | 24.50x |
| 2025-10-28 | 24.85x |
| 2025-10-27 | 25.31x |
| 2025-10-24 | 25.39x |
| 2025-10-23 | 25.74x |
| 2025-10-22 | 25.63x |
| 2025-10-21 | 26.06x |
| 2025-10-20 | 25.64x |
| 2025-10-17 | 25.78x |
| 2025-10-16 | 25.72x |
| 2025-10-15 | 25.72x |
| 2025-10-14 | 25.91x |
| 2025-10-13 | 25.22x |
| 2025-10-10 | 24.60x |
| 2025-10-09 | 25.22x |
| 2025-10-08 | 25.27x |
| 2025-10-07 | 25.25x |
| 2025-10-06 | 25.64x |
| 2025-10-03 | 25.72x |
| 2025-10-02 | 24.86x |
| 2025-10-01 | 24.11x |
| 2025-09-30 | 24.24x |
| 2025-09-29 | 24.65x |
| 2025-09-26 | 24.75x |
| 2025-09-25 | 24.32x |
| 2025-09-24 | 24.45x |
| 2025-09-23 | 24.52x |
| 2025-09-22 | 24.78x |
| 2025-09-19 | 24.31x |
| 2025-09-18 | 24.60x |
| 2025-09-17 | 24.51x |
| 2025-09-16 | 24.30x |
| 2025-09-15 | 23.89x |
| 2025-09-12 | 23.92x |
| 2025-09-11 | 24.11x |
| 2025-09-10 | 23.96x |
| 2025-09-09 | 24.39x |
| 2025-09-08 | 24.50x |
| 2025-09-05 | 25.31x |
| 2025-09-04 | 25.52x |
| 2025-09-03 | 25.74x |
| 2025-09-02 | 25.71x |
| 2025-08-29 | 25.94x |
| 2025-08-28 | 26.09x |
| 2025-08-27 | 26.23x |
| 2025-08-26 | 26.16x |
| 2025-08-25 | 26.29x |
| 2025-08-22 | 26.80x |
| 2025-08-21 | 26.38x |
| 2025-08-20 | 26.47x |
| 2025-08-19 | 26.58x |
| 2025-08-18 | 26.65x |
| 2025-08-15 | 27.03x |
| 2025-08-14 | 26.53x |
| 2025-08-13 | 26.71x |
| 2025-08-12 | 26.33x |
| 2025-08-11 | 25.64x |
| 2025-08-08 | 25.53x |
| 2025-08-07 | 26.25x |
| 2025-08-06 | 26.25x |
| 2025-08-05 | 26.22x |
| 2025-08-04 | 26.36x |
| 2025-08-01 | 26.16x |
| 2025-07-31 | 26.36x |
| 2025-07-30 | 26.87x |
| 2025-07-29 | 27.23x |
| 2025-07-28 | 27.50x |
| 2025-07-25 | 28.60x |
| 2025-07-24 | 28.01x |
| 2025-07-23 | 32.06x |
| 2025-07-22 | 31.81x |
| 2025-07-21 | 31.85x |
| 2025-07-18 | 32.70x |
| 2025-07-17 | 32.47x |
| 2025-07-16 | 32.38x |
| 2025-07-15 | 32.71x |
| 2025-07-14 | 33.21x |
| 2025-07-11 | 33.89x |
| 2025-07-10 | 34.13x |
| 2025-07-09 | 33.85x |
| 2025-07-08 | 33.57x |
| 2025-07-07 | 33.58x |
| 2025-07-03 | 34.51x |
| 2025-07-02 | 34.33x |
| 2025-07-01 | 35.18x |
| 2025-06-30 | 33.98x |
| 2025-06-27 | 33.34x |
| 2025-06-26 | 32.89x |
| 2025-06-25 | 33.39x |
| 2025-06-24 | 33.11x |
| 2025-06-23 | 32.61x |
| 2025-06-20 | 32.04x |
| 2025-06-18 | 31.49x |
| 2025-06-17 | 31.23x |
| 2025-06-16 | 31.90x |
| 2025-06-13 | 30.57x |
| 2025-06-12 | 30.95x |
| 2025-06-11 | 31.47x |
| 2025-06-10 | 30.79x |
| 2025-06-09 | 31.09x |
| 2025-06-06 | 31.87x |
| 2025-06-05 | 31.93x |
| 2025-06-04 | 31.68x |
| 2025-06-03 | 30.48x |
| 2025-06-02 | 30.34x |
| 2025-05-30 | 30.48x |
| 2025-05-29 | 30.28x |
Showing the most recent 260 of 4,991 data points. The chart above shows the full history.
Related Metrics
About Chipotle Mexican Grill, Inc.
Chipotle Mexican Grill, Inc., along with its affiliated companies, oversees the ownership and daily running of Chipotle Mexican Grill eateries. By February 15, 2022, its global presence included roughly 3,000 restaurant locations spread across the United States, Canada, the United Kingdom, France, Germany, and other parts of Europe. The company was established in 1993 and maintains its principal office in Newport Beach, California.
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- CEO
- Scott Boatwright