OverviewSuggest Edit

Chipotle Mexican Grill is a company that operates a chain of Mexican food restaurants. It offers a menu of burritos, burrito bowls (a burrito without the tortilla), tacos, and salads. The company also provides customers with a mobile app that allows them to order food for pickup or delivery, and earn points.
TypePublic
Founded1993
HQNewport Beach, CA, US
Websitechipotle.com
Employee Ratings3.4
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)97,660(+11%)
Job Openings3,588
Revenue (FY, 2019)$5.6 B(+15%)
Share Price (May 2022)$1.3 K(+3%)
Cybersecurity ratingCMore
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Key People/Management at Chipotle Mexican Grill

Brian Niccol

Brian Niccol

Chairman, Chief Executive Officer
John R. Hartung

John R. Hartung

Chief Financial Officer
Chris Brandt

Chris Brandt

Chief Marketing Officer
Laurie Schalow

Laurie Schalow

Chief Corporate Affairs and Food Safety Officer
Scott Boatwright

Scott Boatwright

Chief Restaurant Officer
Marissa Andrada

Marissa Andrada

Chief Diversity, Inclusion and People Officer
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Chipotle Mexican Grill Office Locations

Chipotle Mexican Grill has an office in Newport Beach
Newport Beach, CA, US (HQ)
610 Newport Center Dr
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Chipotle Mexican Grill Financials and Metrics

Chipotle Mexican Grill Revenue

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Chipotle Mexican Grill's revenue was reported to be $5.59 b in FY, 2019 which is a 14.8% increase from the previous period.
USD

Revenue (Q3, 2021)

2.0b

Gross profit (Q3, 2021)

459.4m

Gross profit margin (Q3, 2021), %

23.5%

Net income (Q3, 2021)

204.4m

EBIT (Q3, 2021)

239.7m

Market capitalization (13-May-2022)

37.1b

Closing stock price (13-May-2022)

1.3k

Cash (31-Dec-2021)

815.4m
Chipotle Mexican Grill's current market capitalization is $37.1 b.
Annual
USDFY, 2018FY, 2019

Revenue

4.9b5.6b

Revenue growth, %

9%15%

Cost of goods sold

4.0b4.4b

Gross profit

911.0m1.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

1.3b1.4b1.4b1.4b1.4b1.6b1.7b1.9b2.0b

Cost of goods sold

1.0b1.1b1.1b1.2b1.2b1.3b1.4b1.4b1.5b

Gross profit

274.5m299.7m291.9m248.9m166.8m312.2m388.8m462.9m459.4m

Gross profit Margin, %

21%21%21%18%12%19%22%24%24%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

250.0m480.6m608.0m815.4m

Accounts Receivable

62.3m80.5m104.5m99.6m

Prepaid Expenses

54.1m57.1m54.9m78.8m

Inventories

21.6m26.1m26.4m32.8m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

176.6m350.2m355.8m653.0m

Depreciation and Amortization

202.0m212.8m238.5m254.7m

Inventories

(1.7m)(4.5m)(394.0k)(6.4m)

Accounts Payable

32.1m(973.0k)(3.9m)21.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

88.1m179.2m277.7m76.4m84.6m164.8m127.1m315.1m519.5m

Depreciation and Amortization

53.8m105.4m157.6m58.4m118.4m178.6m63.1m125.2m188.4m

Inventories

2.8m421.0k(2.3m)2.7m2.0m614.0k2.1m1.3m(2.0m)

Accounts Payable

(4.3m)(10.3m)(4.2m)20.2m40.5m5.8m19.4m12.5m28.7m
USDFY, 2018

Revenue/Employee

66.6k

Financial Leverage

1.6 x
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Chipotle Mexican Grill Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Restaurants

2.49 k2.5 k2.52 k2.55 k2.62 k2.64 k2.67 k2.71 k2.77 k2.8 k2.85 k2.89 k

New Restaurants

137152025140193744161405641

Restaurants (US)

2.45 k2.46 k2.48 k2.51 k2.58 k2.6 k2.63 k2.67 k2.73 k2.76 k2.81 k2.85 k

Restaurants (International)

373839394240404040404142
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Chipotle Mexican Grill Acquisitions / Subsidiaries

Company NameDateDeal Size
Chipotle Mexican Grill Canada Corp.
Chipotle Mexican Grill France SAS
Chipotle Mexican Grill Germany GMBH
Chipotle Mexican Grill Holdings GmbH
Chipotle Mexican Grill Management GmbH
Chipotle Mexican Grill of Berwyn Heights, LLC
Chipotle Mexican Grill of Colorado, LLC
Chipotle Mexican Grill of Kansas, LLC
Chipotle Mexican Grill of Maryland, LLC
Chipotle Mexican Grill Texas Holdings, LLC
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Chipotle Mexican Grill Revenue Breakdown

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Chipotle Mexican Grill revenue breakdown by business segment: 99.5% from Food & Beverages Revenue and 0.5% from Other

Human Capital Metrics

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Chipotle Mexican Grill Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Chipotle Mexican Grill Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Chipotle Mexican Grill Online and Social Media Presence

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Chipotle Mexican Grill Company Culture

  • Overall Culture

    A+

    79/100

  • CEO Rating

    A+

    82/100

  • Compensation

    A-

    76/100

  • Diversity

    A-

    77/100

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Chipotle Mexican Grill News and Updates

Chipotle Mexican Grill tests pollo asado in two markets

Chipotle Mexican Grill announced Tuesday it is testing pollo asado at 95 restaurants in Cincinnati and Sacramento.

Worldwide Fast Food and Quick Service Restaurant Industry to 2026 - Featuring Ark Restaurants, Carrols Restaurant and Chipotle Mexican Grill Among Others

Dublin, Oct. 15, 2021 (GLOBE NEWSWIRE) -- The "Fast Food and Quick Service Restaurant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global fast food and quick service restaurant market reache…

Fast Casual Restaurants Market to reach USD 150.10 bn by 2024, Chipotle Mexican Grill Inc. and Firehouse Restaurant Group Inc. emerge Among Key Players| 17000 + Technavio Reports

NEW YORK, Oct. 4, 2021 /PRNewswire/ -- The Fast Casual restaurants market is expected to grow by USD 150.10 bn from 2020 to 2024, progressing at a CAGR of 12%, as per Technavio's latest market research report. Download Sample Report Now to uncover successful business strategies deployed...

Chipotle Mexican Grill To Announce Third Quarter 2021 Results On October 21, 2021

NEWPORT BEACH, Calif., Sept. 9, 2021 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call to discuss third quarter 2021 financial results on Thursday, October 21, 2021 at 4:30 PM Eastern time. A press release with third quarter 2021 financial results will be...

UBS says 'real upside still exists' for Chipotle Mexican Grill

Chipotle's pricing, digital sales strength and even a recent Tesla giveaway are among several reasons why UBS thinks the restaurant stock can go higher.

Chipotle Mexican Grill is raising wages to an average of $15 an hour by June and offering cash referrals to employees as the chain seeks 20,000 workers

Summary List PlacementIn April, restaurants and bars added 187,000 new jobs, but the hiring gains are not happening fast enough for most chains scrambling to fill positions as coronavirus restrictions ease around the US. The hiring crunch is forcing restaurant companies to raise wages to get appli…
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Chipotle Mexican Grill Frequently Asked Questions

  • When was Chipotle Mexican Grill founded?

    Chipotle Mexican Grill was founded in 1993.

  • Who are Chipotle Mexican Grill key executives?

    Chipotle Mexican Grill's key executives are Brian Niccol, John R. Hartung and Chris Brandt.

  • How many employees does Chipotle Mexican Grill have?

    Chipotle Mexican Grill has 97,660 employees.

  • What is Chipotle Mexican Grill revenue?

    Latest Chipotle Mexican Grill annual revenue is $5.6 b.

  • What is Chipotle Mexican Grill revenue per employee?

    Latest Chipotle Mexican Grill revenue per employee is $57.2 k.

  • Who are Chipotle Mexican Grill competitors?

    Competitors of Chipotle Mexican Grill include Del Taco, Chick-fil-A and Papa John's International.

  • Where is Chipotle Mexican Grill headquarters?

    Chipotle Mexican Grill headquarters is located at 610 Newport Center Dr, Newport Beach.

  • Where are Chipotle Mexican Grill offices?

    Chipotle Mexican Grill has an office in Newport Beach.

  • How many offices does Chipotle Mexican Grill have?

    Chipotle Mexican Grill has 1 office.