What is the 13F Pro Quality Score for CMG?

13F Pro ranks CHIPOTLE MEXICAN GRILL INC (CMG) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CMG's current score at https://13fpro.ai/research/CMG (free sign-up required for the full ranking).

Which hedge funds own the most CMG stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of CMG include BlackRock,, VANGUARD CAPITAL MANAGEMENT, Capital World Investors. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/CMG as soon as new 13F filings post.

Where does 13F Pro source CMG data?

All CHIPOTLE MEXICAN GRILL INC fundamentals and ownership data come directly from SEC EDGAR. CHIPOTLE MEXICAN GRILL INC files with the SEC under CIK 1058090. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CMG in?

CHIPOTLE MEXICAN GRILL INC (CMG) is classified in the Consumer Discretionary sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-discretionary.

What drives CMG's revenue?

Per CHIPOTLE MEXICAN GRILL INC's latest 10-Q filed with the SEC on 2026-04-30, the biggest revenue drivers are: Food and beverage revenue ($3,072.7M, +7.4% YoY); Delivery service revenue ($15.5M, +0.6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/CMG.

What are CMG's largest expenses?

CHIPOTLE MEXICAN GRILL INC's latest 10-Q reports these as the largest expense items: Food, beverage and packaging ($913.3M, +8.9% YoY (as % of revenue: +0.4%)); Labor costs ($805.4M, +12.1% YoY (as % of revenue: +1.1%)); General and administrative expenses ($203.7M, +17.9% YoY). Sourced directly from SEC EDGAR filing text for Q1 2026 (quarter ended March 31, 2026).

How often is CMG research updated on 13F Pro?

CMG's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

CHIPOTLE MEXICAN GRILL INC(CMG)Stock Analysis

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13F Pro Quality Score

72.9/100

Rank #211 of 2,879 stocksTOP 10%

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

63.9/100

Profitability

69.8/100

Balance Sheet

94.7/100

Earnings Quality

51.4/100

Free Cash Flow

71.3/100

Institutional Flow

52.7/100

Revenue Scale

88.1/100

Dilution Risk

57.0/100

CMG Stock Analysis & AI Quality Score

AI stock analysis and institutional research for CHIPOTLE MEXICAN GRILL INC (CMG), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores CMG at 72.9/100 on a 32-signal composite quality model, placing it at rank #211 of 2,879 stocks — the top 10% of the AI-ranked universe. CMG scores in the top quartile across balance sheet strength (94.7), revenue scale (88.1). Based on the latest XBRL financial filings (Q1 2026), CHIPOTLE MEXICAN GRILL INC reports quarterly revenue of $3.1B, net income of $302.8M, an operating margin of 12.9%. Top institutional holders of CMG by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, Capital World Investors, based on the most recent SEC filings. CMG trades on the NYSE exchange and files with the SEC under CIK 1058090. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CMG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CHIPOTLE MEXICAN GRILL INC directly from SEC EDGAR. CHIPOTLE MEXICAN GRILL INC's 13F Pro composite quality score has ranged between 8 and 80 since 2021, currently 72.9 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.

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Fun facts about CHIPOTLE MEXICAN GRILL INC

Quirks, history, and lore behind CMG — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. consumer discretionary company · large-cap · listed on the NYSE · headquartered in California.
2
The Numbers
Annual revenue north of $10 billion with over 3,000 locations across the U.S. and growing internationally — all company-owned, no franchises.
3
The History
Founded in 1993 in Denver, Colorado by a classically trained chef who set out to prove that fast food didn't have to be junk food.
4
The Secret
Its menu is famously tiny — basically one assembly line, infinite combinations — and it pioneered the idea of 'Food With Integrity', sourcing responsibly raised ingredients.
5
The Lore
McDonald's was an early investor and once owned a majority stake, then sold it all in 2006 — arguably one of the most expensive exits in fast-casual history.
6
The Giveaway
A burrito bowl, a mountain of guacamole (yes, it's extra), and a stock price that once cracked $3,000 a share — this chain made Mexican fast-casual a Wall Street darling.

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What's Driving CMG's Business? Latest 10-Q Breakdown

AI-extracted from CHIPOTLE MEXICAN GRILL INC's 10-Q filed 2026-04-30 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue grew 7.4% YoY to $3.1B, but comparable sales rose only 0.5% and diluted EPS fell 17.9% to $0.23 amid elevated labor and operating costs.

Biggest Revenue Drivers

Total revenue: $3,088.2M+7.4% YoY

Food and beverage revenue$3,072.7M+7.4% YoY

Driven by new restaurant openings (49 units in Q1, 42 with Chipotlane) and 0.5% comparable sales increase offset by 0.1% lower average check.

Delivery service revenue$15.5M+0.6% YoY

Minimal growth in delivery revenue component.

Largest Expense Items

Food, beverage and packaging$913.3M+8.9% YoY (as % of revenue: +0.4%)

Driven by 0.9% inflation primarily from beef and freight, plus 0.4% higher produce usage, partially offset by 0.7% lower dairy and avocado costs.

Labor costs$805.4M+12.1% YoY (as % of revenue: +1.1%)

Increased 1.1% of revenue due to legal proceedings (0.4%), wage inflation (0.3%), lower average restaurant sales volumes (0.3%), and higher benefits (0.2%).

General and administrative expenses$203.7M+17.9% YoY

Driven by $23.3M increase for biennial All Managers' Conference, $5.9M performance bonuses, and $5.1M wage increases, partially offset by lower retention awards.

Other operating costs$480.6M+15.8% YoY (as % of revenue: +1.2%)

Increased 1.2% of revenue due to 0.4% higher marketing, 0.2% utilities, and 0.2% delivery expense.

Watch Items from the Filing

Comparable sales growth of 0.5% and flat expected growth for full-year 2026 signal consumer demand weakness; management guidance changed from typical mid-single-digit comps to anticipating 'about flat' growth.
Litigation accrual increased to $18.9M from $11.4M at year-end; Michael Stradford shareholder class action and consolidated derivative litigation remain unresolved with unspecified damages sought, creating contingent liability.
Tariff impact flagged in forward-looking statements with expectation of increased food and beverage costs in 2026 Q2 and ongoing basis, but magnitude and duration not quantified.
Stock repurchases accelerated to $755.3M in Q1 2026 vs. $591.5M in Q1 2025, reducing interest-earning assets; treasury stock repurchases constrain cash available for growth despite $1.0B remaining authorization.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$3.1B

Net Income

Q1 2026

$302.8M

Free Cash Flow

Q1 2026

$471.0M

Operating Margin

Q1 2026

12.9%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+5.4% YoY

$11.93BFY 2025

FY20 $5.98BFY22 $8.63BFY24 $11.31BFY25 $11.93B

Net Income

+0.1% YoY

$1.54BFY 2025

FY20 $355.8MFY22 $899.0MFY24 $1.53BFY25 $1.54B

Operating Income

+1.0% YoY

$1.94BFY 2025

FY20 $290.2MFY22 $1.16BFY24 $1.92BFY25 $1.94B

EPS (Diluted)

+2.7% YoY

$1.14FY 2025

FY20 $0.25FY22 $0.01FY24 $1.11FY25 $1.14

Total Assets

-2.3% YoY

$8.99BFY 2025

FY20 $5.98BFY22 $6.93BFY24 $9.20BFY25 $8.99B

Total Debt

$0.00FY 2025

FY20 $0.00FY22 $0.00FY24 $0.00FY25 $0.00

Op. Cash Flow

+0.4% YoY

$2.11BFY 2025

FY20 $663.8MFY22 $1.32BFY24 $2.11BFY25 $2.11B

Metric	FY 2025	FY 2024	FY 2022	FY 2020	FY 2019	FY 2018
Revenue	$11.93B +5.4%	$11.31B +31.0%	$8.63B +44.3%	$5.98B +7.1%	$5.59B +14.8%	$4.86B
Net Income	$1.54B +0.1%	$1.53B +70.6%	$899.0M +152.7%	$355.8M +1.6%	$350.2M +98.3%	$176.6M
Operating Income	$1.94B +1.0%	$1.92B +65.1%	$1.16B +299.9%	$290.2M -34.6%	$444.0M +71.8%	$258.4M
EPS (Diluted)	$1.14 +2.7%	$1.11 +8571.9%	$0.01 -94.9%	$0.25 +1.1%	$0.25 +96.2%	$0.13
Total Assets	$8.99B -2.3%	$9.20B +32.9%	$6.93B +15.8%	$5.98B +17.2%	$5.10B +125.3%	$2.27B
Total Debt	$0.00	$0.00	$0.00	$0.00	$0.00	—
Operating Cash Flow	$2.11B +0.4%	$2.11B +59.1%	$1.32B +99.3%	$663.8M -8.0%	$721.6M +16.1%	$621.6M

AI Insight: CMG Financial Trends

Q1 2026 net income fell to $303M — the lowest in the dataset — even as revenue hit a record $3,088M, signaling meaningful margin compression.

• Revenue grew year-over-year from $2,875M in Q1 2025 to $3,088M in Q1 2026, a 7.4% increase.

• Operating income dropped from $479M in Q1 2025 to $397M in Q1 2026, compressing op margin from ~16.7% to ~12.9%.

• Net income declined from $387M in Q1 2025 to $303M in Q1 2026, the weakest quarter in the entire dataset.

• Operating cash flow rose to $651M in Q1 2026, the strongest quarterly OCF shown, partly offsetting earnings weakness.

⚠ Equity has eroded steadily from $3,712M in Q2 2024 to $2,408M in Q1 2026 — a 35% decline worth monitoring.

⚠ The widening gap between strong OCF ($651M) and weak net income ($303M) in Q1 2026 warrants scrutiny of non-cash or working-capital items.

⚠ Seasonal Q4/Q1 softness is recurring, but Q1 2026 op income of $397M is below Q4 2024's $416M — trend may be worsening.

AI Insight: CMG Ratio Trends

Q1 2026 operating margin hit 12.9%, the lowest in the visible dataset, as profitability deteriorates on both a year-over-year and sequential basis.

• Operating margin fell from 16.7% in Q1 2025 to 12.9% in Q1 2026, a 380bp year-over-year compression.

• Net profit margin dropped from 13.5% in Q1 2025 to 9.8% in Q1 2026, the lowest quarterly reading in the dataset.

• ROIC expanded from 54.9% in Q1 2025 to 66.0% in Q1 2026, bucking the margin trend on an annualized basis.

• Debt-to-equity remains 0.00 where reported (Q4 2024, Q4 2025), indicating a debt-free balance sheet.

⚠ Q1 operating margin (12.9%) is now 480bp below the Q2 2024 peak of 19.7% — monitor whether this trough deepens.

⚠ ROA declined from 20.4% in Q2 2024 to 13.8% in Q1 2026, signaling diminishing asset efficiency over the period.

⚠ Seasonal Q4 weakness recurred in both 2024 and 2025; watch Q2 2026 margins for confirmation of the typical summer recovery.

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Available Research

13F Pro tracks comprehensive data for CHIPOTLE MEXICAN GRILL INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CMG

BlackRock, Inc.
$3.6B111,476,922 sh
VANGUARD CAPITAL MANAGEMENT LLC
$2.7B84,673,322 sh
Capital World Investors
$2.6B80,672,018 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.0B61,084,721 sh
STATE STREET CORP
$1.8B54,840,806 sh
Capital International Investors
$1.4B42,802,171 sh
FMR LLC
$971.4M30,346,326 sh
GEODE CAPITAL MANAGEMENT, LLC
$964.5M30,263,425 sh
ALLIANCEBERNSTEIN L.P.
$688.1M18,598,226 sh
MORGAN STANLEY
$577.1M18,030,236 sh

Fund	Value	Shares
BlackRock, Inc.	$3.6B	111,476,922
VANGUARD CAPITAL MANAGEMENT LLC	$2.7B	84,673,322
Capital World Investors	$2.6B	80,672,018
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.0B	61,084,721
STATE STREET CORP	$1.8B	54,840,806
Capital International Investors	$1.4B	42,802,171
FMR LLC	$971.4M	30,346,326
GEODE CAPITAL MANAGEMENT, LLC	$964.5M	30,263,425
ALLIANCEBERNSTEIN L.P.	$688.1M	18,598,226
MORGAN STANLEY	$577.1M	18,030,236

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Is CMG a good stock to buy?

13F Pro's AI-powered analysis of CHIPOTLE MEXICAN GRILL INC (CMG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CMG are available on the CMG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own CMG?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CMG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CHIPOTLE MEXICAN GRILL INC's investment landscape.