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CHIPOTLE MEXICAN GRILL INC (CMG)

SEC filings, insider trading & institutional ownership from EDGAR.

NYSEConsumer DiscretionaryHotels, Restaurants & Leisure

Chipotle Mexican Grill, Inc., a Delaware corporation, owns and operates Chipotle Mexican Grill restaurants offering burritos, burrito bowls, quesadillas, tacos, and salads, with a mission of "Cultivating a Better World" through responsibly sourced, classically cooked food made with wholesome ingredients and no artificial colors, flavors, or preservatives. Founded in Denver, Colorado in 1993, the company as of December 31, 2025 owned 3,938 U.S. restaurants and 104 international restaurants, plus 14 international partner-operated locations under license/franchise agreements or minority ownership stakes; U.S. operations are managed across 11 regions and aggregated into one reportable segment, with revenue derived entirely from restaurant sales. The company's "Recipe for Growth" strategy focuses on five areas: strengthening core operations and culinary excellence, evolving brand messaging and menu innovation, modernizing technology (including AI and its Rewards Program), expanding global reach through company-owned and partner-operated markets, and cultivating talent.

Chipotle emphasizes Food with Integrity standards, branding its meats "Responsibly Raised" and sourcing produce and animal products according to sustainability and animal welfare criteria, while relying on multiple regional distribution centers and diversified suppliers to mitigate price volatility and supply risk. The company maintains rigorous food safety and quality assurance programs, including an independent Food Safety Advisory Council, supplier vetting, and advanced technologies to reduce pathogens. Digital sales, including app, website, and third-party delivery orders, represented 36.7% of food and beverage revenue in 2025 (up from 35.1% in 2024), supported by continued investment in Chipotlanes and back-of-house technology.

As of year-end 2025, Chipotle employed 130,301 people worldwide (127,116 in the U.S. and 3,185 internationally) plus 1,233 contract workers, with a strong focus on internal promotion (nearly 90% of in-restaurant leadership roles filled internally), employee development programs (including Debt-Free Degree, Career Certificates, and leadership training), and comprehensive benefits including mental health support and financial wellness programs. The company also invests in culture and inclusivity initiatives, employee engagement surveys, and diversified compensation and incentive programs. Chipotle operates in the highly competitive fast-casual, quick-service, and casual dining segments, facing competition from local and national chains as well as food delivery services, and it holds numerous U.S. and international trademarks, including "Chipotle," "Food with Integrity," and "Responsibly Raised," along with registered trade dress protections for its restaurant design.

The company is subject to various federal, state, and local regulations, which have not materially affected its financial position, and it maintains investor relations and SEC filing information through its corporate website.

AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.

RevenueFY2025
$11.93B
▲ 5.4%YoY
Net incomeFY2025
$1.54B
▲ 0.1%YoY
Diluted EPSFY2025
$1.14
▲ 2.7%YoY
Insider net6 mo
+22.2K
shares1 sells0 buys
Institutions
44
$29.34B held

Financials

As reported to the SEC via XBRL, no adjustments

All financials →
Revenue & net income
$2.5B$5B$7.5B$10B$12.5B
FY2022FY2023FY2024FY2025
RevenueNet income
FY2025 highlightsfrom 10-K
Operating income$1.94B
Diluted EPS$1.14
Net margin12.9%

Revenue by region

FY2025 geographic segments • from the 10-K

$12BTOTAL FY2025
Americas$11.68B97.9%▲ 5.1%
Rest of World$246.18M2.1%▲ 21.8%
2.1% of FY2025 disclosed regional revenue earned outside Americas • YoY vs FY2024

Latest filings

10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR

All filings →
FormFiled
4Rymer Adam TOct 2, 2026
4Sami SabirSep 21, 2026
8-KSep 14, 2026
4Rymer Adam TAug 25, 2026
4Eskenazi IleneAug 25, 2026
4Garner Curtis EAug 25, 2026

Insider trading

From Form 4 filings

All →
InsiderDateType
Rymer Adam TOct 1, 2026Tax withholding
Sami SabirSep 17, 2026Grant / award
Schalow LaurieAug 22, 2026Tax withholding
Boatwright ScottAug 22, 2026Tax withholding
Garner Curtis EAug 22, 2026Tax withholding

Top holders

13F & 13D/G • latest quarter

All →
HolderStakeFiledValue
BlackRock, Inc.10.2%Aug 7, 2026$4.42B
Vanguard Capital Management6.6%Aug 13, 2026$2.85B
JPMORGAN CHASE & CO5.2%Aug 12, 2026$2.18B
Vanguard Portfolio Management4.7%Aug 13, 2026$2.05B
STATE STREET CORPORATION4.4%Sep 22, 2026$1.89B

Executive pay and the vote

From the FY2025 proxy statement (DEF 14A), filed Apr 28, 2026, and the annual meeting’s vote on Jun 11, 2026

Full governance view →
CEO total pay
$0.0M
Scott Boatwright • FY2025
Actually paid
$0.0M
SEC “compensation actually paid”
Say-on-pay
95.3%
of votes cast • 8-K filed Jun 17, 2026
TSR on $100
$133.00
peers $124.00 • since FY2021
What the company says drives pay
Restaurant Cash Flow (RCF) DollarsComparable Restaurant Sales (CRS) GrowthSite Assessment Requests (SARs)RCF Margin %

Figures come from the company’s proxy statement, and the vote count from its 8-K.

The full pay and vote breakdown is free with an account

The Summary Compensation Table for every named officer, the board with tenure and committees, and each proposal with its count, verified against the filings.

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AI summary

Latest 10-Q takeaways

filed Jul 31, 2026

Chipotle reports solid top-line growth (revenue +9.3%, comps +2.2%, transactions turning positive), but margin compression, flat EPS and acknowledged consumer headwinds temper the tone. Management states a 'positive outlook' while cautioning that results could be materially hurt if disruptions worsen; the text is mostly retrospective, with forward-looking statements concentrated in liquidity. Automated screens found no red flags in this filing.

Written by Scrutar's AI from CMG's SEC filings. Check anything you rely on against the filing. Not investment advice.

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Data as of Oct 16, 2026Source: SEC EDGAR.