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CMGChipotle Mexican Grill, Inc.

The forward PE ratio is 29.46 as of Thursday, July 9, 2026.

Forward PE Ratio (29.46) = Close Price ($34.60) / Consensus Forward EPS ($1.13)

CMG Forward PE Ratio Metrics

FORWARD PE RATIO

29.46

CMG Competitors' Forward PE Ratio

CMG

Chipotle Mexican Grill, Inc.

Current

Market Cap

$44.38B

Forward PE Ratio

29.46

YUM

Yum! Brands, Inc.

vs CMG

Market Cap

$44.76B

Forward PE Ratio

24.50

DHI

D.R. Horton, Inc.

vs CMG

Market Cap

$42.41B

Forward PE Ratio

14.05

AZO

AutoZone, Inc.

vs CMG

Market Cap

$49.15B

Forward PE Ratio

20.28

JD

JD.com, Inc.

vs CMG

Market Cap

$37.46B

Forward PE Ratio

N/A

EBAY

eBay Inc.

vs CMG

Market Cap

$52.09B

Forward PE Ratio

18.87

CCL

Carnival Corporation & plc

vs CMG

Market Cap

$36.60B

Forward PE Ratio

11.49

F

Ford Motor Company

vs CMG

Market Cap

$53.27B

Forward PE Ratio

8.09

LVS

Las Vegas Sands Corp.

vs CMG

Market Cap

$30.78B

Forward PE Ratio

13.89

EXPE

Expedia Group, Inc.

vs CMG

Market Cap

$30.66B

Forward PE Ratio

13.23

Trailing vs Forward

Trailing P/E

30.7

reported TTM EPS

Forward P/E

29.5

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.13 implies +3.7% EPS growth vs the reported trailing $1.09.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $34.60 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$1.13$1.07 – $1.212130.5x
2027-12-31$1.36$1.29 – $1.472225.5x
2028-12-31$1.59$1.53 – $1.69621.7x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Chipotle Mexican Grill, Inc. (CMG)?
The forward PE ratio for CMG stock is 29.46.

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.

Newport Beach, CA
130,504 employees
Consumer Cyclical / Restaurants
Sector
Consumer Cyclical
Industry
Restaurants
CEO
Scott Boatwright