Chipotle Mexican Grill (CMG)
Market Price (3/14/2026): $32.49 | Market Cap: $42.7 BilSector: Consumer Discretionary | Industry: Restaurants
Chipotle Mexican Grill (CMG)
Market Price (3/14/2026): $32.49Market Cap: $42.7 BilSector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 2.1 Bil | Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -64% | Expensive valuation multiplesP/SPrice/Sales ratio is 3.6x |
| Low stock price volatilityVol 12M is 40% | Key risksCMG key risks include [1] brand-damaging food safety failures linked to its fresh-ingredient, Show more. | |
| Megatrend and thematic driversMegatrends include Health & Wellness Trends, Vegan & Alternative Foods, and E-commerce & DTC Adoption. Themes include Organic & Natural Products, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%, CFO LTM is 2.1 Bil |
| Low stock price volatilityVol 12M is 40% |
| Megatrend and thematic driversMegatrends include Health & Wellness Trends, Vegan & Alternative Foods, and E-commerce & DTC Adoption. Themes include Organic & Natural Products, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -72%, 3Y Excs Rtn is -64% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 3.6x |
| Key risksCMG key risks include [1] brand-damaging food safety failures linked to its fresh-ingredient, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Chipotle Mexican Grill (CMG) stock has lost about 5% since 11/30/2025 because of the following key factors:
1. Decline in comparable restaurant sales and cautious 2026 outlook. Chipotle reported a 2.5% decrease in comparable restaurant sales for the fourth quarter of 2025, contrary to an increase in total revenue. Management's guidance for 2026 anticipates comparable restaurant sales to be approximately flat, indicating a slowdown in growth at existing locations.
2. Pressure on operating margins due to inflation and modest pricing. The company experienced a decline in its restaurant-level operating margin, which dropped to 23.4% in the fourth quarter of 2025 from 24.8% year-over-year. This was primarily attributed to modest pricing strategies and persistent commodity inflation. The outlook for 2026 projects commodity inflation of 3% to 4%, while pricing is expected to contribute only 1% to 2%, suggesting continued margin pressure.
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1. Decline in comparable restaurant sales and cautious 2026 outlook. Chipotle reported a 2.5% decrease in comparable restaurant sales for the fourth quarter of 2025, contrary to an increase in total revenue. Management's guidance for 2026 anticipates comparable restaurant sales to be approximately flat, indicating a slowdown in growth at existing locations.
2. Pressure on operating margins due to inflation and modest pricing. The company experienced a decline in its restaurant-level operating margin, which dropped to 23.4% in the fourth quarter of 2025 from 24.8% year-over-year. This was primarily attributed to modest pricing strategies and persistent commodity inflation. The outlook for 2026 projects commodity inflation of 3% to 4%, while pricing is expected to contribute only 1% to 2%, suggesting continued margin pressure.
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Stock Movement Drivers
Fundamental Drivers
The -5.8% change in CMG stock from 11/30/2025 to 3/13/2026 was primarily driven by a -7.2% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 34.52 | 32.52 | -5.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11,787 | 11,926 | 1.2% |
| Net Income Margin (%) | 13.0% | 12.9% | -1.2% |
| P/E Multiple | 30.0 | 27.8 | -7.2% |
| Shares Outstanding (Mil) | 1,335 | 1,315 | 1.5% |
| Cumulative Contribution | -5.8% |
Market Drivers
11/30/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CMG | -5.8% | |
| Market (SPY) | -3.1% | 39.0% |
| Sector (XLY) | -6.2% | 43.5% |
Fundamental Drivers
The -22.8% change in CMG stock from 8/31/2025 to 3/13/2026 was primarily driven by a -24.3% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 42.14 | 32.52 | -22.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11,578 | 11,926 | 3.0% |
| Net Income Margin (%) | 13.3% | 12.9% | -3.3% |
| P/E Multiple | 36.8 | 27.8 | -24.3% |
| Shares Outstanding (Mil) | 1,345 | 1,315 | 2.3% |
| Cumulative Contribution | -22.8% |
Market Drivers
8/31/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CMG | -22.8% | |
| Market (SPY) | 3.0% | 35.3% |
| Sector (XLY) | -4.2% | 39.7% |
Fundamental Drivers
The -39.7% change in CMG stock from 2/28/2025 to 3/13/2026 was primarily driven by a -41.9% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 53.97 | 32.52 | -39.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11,314 | 11,926 | 5.4% |
| Net Income Margin (%) | 13.6% | 12.9% | -5.0% |
| P/E Multiple | 47.9 | 27.8 | -41.9% |
| Shares Outstanding (Mil) | 1,361 | 1,315 | 3.5% |
| Cumulative Contribution | -39.7% |
Market Drivers
2/28/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CMG | -39.7% | |
| Market (SPY) | 12.4% | 46.2% |
| Sector (XLY) | 3.4% | 50.7% |
Fundamental Drivers
The 9.0% change in CMG stock from 2/28/2023 to 3/13/2026 was primarily driven by a 38.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282023 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 29.82 | 32.52 | 9.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8,635 | 11,926 | 38.1% |
| Net Income Margin (%) | 10.4% | 12.9% | 23.7% |
| P/E Multiple | 45.9 | 27.8 | -39.4% |
| Shares Outstanding (Mil) | 1,384 | 1,315 | 5.3% |
| Cumulative Contribution | 9.0% |
Market Drivers
2/28/2023 to 3/13/2026| Return | Correlation | |
|---|---|---|
| CMG | 9.0% | |
| Market (SPY) | 73.4% | 40.2% |
| Sector (XLY) | 56.0% | 42.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CMG Return | 26% | -21% | 65% | 32% | -39% | -9% | 22% |
| Peers Return | 17% | -1% | 16% | 8% | 4% | 8% | 64% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| CMG Win Rate | 50% | 42% | 67% | 67% | 33% | 33% | |
| Peers Win Rate | 53% | 43% | 58% | 52% | 47% | 73% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| CMG Max Drawdown | -6% | -31% | -2% | -3% | -51% | -9% | |
| Peers Max Drawdown | -7% | -25% | -6% | -13% | -9% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MCD, SBUX, YUM, QSR, TXRH. See CMG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)
How Low Can It Go
| Event | CMG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -38.1% | -25.4% |
| % Gain to Breakeven | 61.5% | 34.1% |
| Time to Breakeven | 316 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -50.2% | -33.9% |
| % Gain to Breakeven | 100.7% | 51.3% |
| Time to Breakeven | 54 days | 148 days |
| 2018 Correction | ||
| % Loss | -49.3% | -19.8% |
| % Gain to Breakeven | 97.4% | 24.7% |
| Time to Breakeven | 183 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -74.6% | -56.8% |
| % Gain to Breakeven | 293.8% | 131.3% |
| Time to Breakeven | 572 days | 1,480 days |
Compare to MCD, SBUX, YUM, QSR, TXRH
In The Past
Chipotle Mexican Grill's stock fell -38.1% during the 2022 Inflation Shock from a high on 9/23/2021. A -38.1% loss requires a 61.5% gain to breakeven.
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About Chipotle Mexican Grill (CMG)
Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Chipotle Mexican Grill (CMG):
- Subway for Mexican food
- A Mexican Panera Bread
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- Burritos: Large flour tortillas filled with choice of meat or plant-based protein, rice, beans, salsa, cheese, and other toppings.
- Burrito Bowls: A deconstructed burrito served in a bowl, containing the same customizable ingredients without the tortilla.
- Tacos: Soft flour or crispy corn tortillas filled with choice of meat or plant-based protein, salsa, cheese, and other toppings.
- Salads: A bed of supergreens lettuce topped with choice of protein and various fresh ingredients like beans, salsa, and vinaigrette.
- Quesadillas: Grilled flour tortillas filled with cheese and choice of meat or plant-based protein, served with a side of salsa or guacamole.
- Sides and Drinks: Complementary items such as tortilla chips, guacamole, queso blanco, salsa, and a variety of fountain beverages or bottled drinks.
AI Analysis | Feedback
Chipotle Mexican Grill (CMG) sells primarily to individuals, as it owns and operates restaurants that serve end consumers directly.
The company serves the following categories of customers:
- General Public / Everyday Diners: This broad category includes individuals and families seeking convenient, customizable, and relatively fast meal options for lunch or dinner. They are often looking for a satisfying meal that offers a perceived value for its quality and freshness.
- Health-Conscious Consumers: Customers who prioritize fresh ingredients, natural food, and customizable meals that align with specific dietary preferences or restrictions (e.g., vegetarian, vegan, gluten-free, keto, paleo). Chipotle's "Food With Integrity" ethos and ability to build custom bowls and burritos strongly appeals to this segment.
- Younger Demographics (e.g., Millennials and Gen Z): This segment values convenience, speed, digital ordering options, and brands that align with modern food trends and values. They are often drawn to Chipotle's casual dining experience, customizable menu, and perceived quality and transparency in sourcing.
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- Sysco Corporation (SYY)
- US Foods Holding Corp. (USFD)
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Scott Boatwright, Chief Executive Officer
Scott Boatwright was appointed Chief Executive Officer of Chipotle Mexican Grill in November 2024, after serving as Interim Chief Executive Officer since August 2024. Prior to this, he held the role of Chief Operating Officer/Chief Restaurant Officer starting in May 2017. Before joining Chipotle, Mr. Boatwright spent 18 years at Arby's Restaurant Group in various leadership positions, including Senior Vice President of Operations, where he was responsible for over 1,700 restaurants. He holds a Master of Business Administration from the J. Mack Robinson College of Business at Georgia State University.
Adam Rymer, Chief Financial Officer
Adam Rymer became Chief Financial Officer of Chipotle Mexican Grill on January 1, 2025. He joined Chipotle in 2009 and has held various finance and People Experience positions, including Vice President of Finance. Mr. Rymer is responsible for corporate and field financial planning and analysis, financial reporting, tax, treasury, and investor relations. He also serves as the Treasurer of the Chipotle Cultivate Foundation. In 2025, he was named Extel All America Best CFO for the restaurant sector. Mr. Rymer holds a Bachelor of Science in Business Administration with concentrations in Finance and Economics from the University of Northern Colorado.
Curt Garner, President, Chief Strategy and Technology Officer
Curt Garner is the President, Chief Strategy and Technology Officer for Chipotle Mexican Grill, a role he assumed after serving as Chief Customer and Technology Officer for nearly a decade since joining the organization in November 2015. He has been crucial in developing Chipotle's digital platform, integrating technology across the organization, and ensuring data security. Before Chipotle, Mr. Garner spent 17 years at Starbucks Corporation, most recently as Executive Vice President and Chief Technology Officer (CIO), where he led the development of the Starbucks app, loyalty program, website, and mobile payment. He earned a Bachelor of Arts degree in economics from The Ohio State University.
Chris Brandt, Chief Brand Officer
Chris Brandt joined Chipotle as Chief Marketing Officer in April 2018 and now serves as Chief Brand Officer. Prior to Chipotle, he was Executive Vice President and Chief Brand Officer of Bloomin' Brands, Inc. (encompassing Outback Steakhouse, Carrabba's, Bonefish Grill, and Fleming's) from May 2016 through December 2017. Mr. Brandt also served as Chief Brand Officer/Chief Marketing Officer for Taco Bell, a subsidiary of Yum! Brands, Inc., from May 2013 to May 2016, where he led marketing and food innovation, including the launch of products like Doritos Locos Tacos and the "Live Mas" campaign. His career also includes senior marketing and brand development positions with Odwalla/Coca-Cola and General Mills. He holds an undergraduate degree in Economics from UC San Diego and an MBA from the Anderson School at UCLA.
Jason Kidd, Chief Operating Officer
Jason Kidd has served as Chief Operating Officer at Chipotle Mexican Grill since May 2025. His responsibilities include optimizing restaurant performance, fostering field leadership development, and integrating digital platforms to enhance efficiency and guest experiences. Before joining Chipotle, Mr. Kidd was the Global COO at Taco Bell, where he oversaw international operations. He brings over 20 years of quick-service restaurant leadership experience to Chipotle and holds a B.S. in Business Administration from the University of Georgia.
AI Analysis | Feedback
The key risks to Chipotle Mexican Grill (CMG) are:- Food Safety and Foodborne Illness Outbreaks: Chipotle has a documented history of foodborne illness outbreaks, including E. coli, Norovirus, and Salmonella, which have significantly impacted its sales, stock price, and brand reputation. The company's business model, which emphasizes fresh, unprocessed ingredients and in-house preparation, inherently carries a higher risk of food safety incidents compared to some competitors using frozen or pre-cooked items. Any future incidents, or even rumors of such, could severely damage consumer trust and financial performance.
- Economic Conditions and Consumer Spending: Economic pressures, including inflation and a more value-conscious consumer base, pose a significant risk to Chipotle's customer traffic and comparable restaurant sales. If consumers reduce discretionary dining or opt for lower-priced alternatives, Chipotle could face stagnant or declining transaction volumes, which would put pressure on its valuation and profitability.
- Competition and Pricing Strategy: The restaurant industry is highly competitive with low barriers to entry. Chipotle's strategy of maintaining premium pricing to protect brand equity, while beneficial long-term, may put it at a disadvantage in the short term if competitors aggressively use discounts and promotions. The company's ability to raise menu prices to offset increasing food and labor costs depends on consumer willingness to pay higher prices and the perceived value of its offerings relative to competitors.
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The rise of virtual restaurant brands and ghost kitchens represents a clear emerging threat. These models leverage lower overhead by operating without traditional dining rooms, focusing solely on delivery. This allows for potentially lower price points, greater agility in menu development, and specialized offerings that could divert customers from established fast-casual chains like Chipotle.AI Analysis | Feedback
Chipotle Mexican Grill operates within the fast-casual restaurant segment, specializing in customizable burritos, bowls, tacos, quesadillas, and salads. The addressable markets for its main products and services can be defined by the size of the fast-casual and broader quick-service restaurant (QSR) industries in the regions where it operates.
- Global Fast-Casual Restaurant Market: The global fast-casual restaurants market was valued at USD 179.19 billion in 2024 and is projected to reach USD 318.52 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2033.
- United States Fast-Casual Restaurant Market: The U.S. fast-casual restaurant market size was approximately USD 48.50 billion in 2025. It is projected to reach USD 90.19 billion by 2035, demonstrating a CAGR of 6.40% from 2026 to 2035. Other estimates suggest the market will hit USD 121.3 billion by 2032 or increase by USD 84.5 billion at a CAGR of 13.7% from 2024 to 2029.
- Canada Fast-Casual Restaurant Market: This market was valued at USD 4.1 billion in 2022 and is projected to reach USD 11.7 billion by 2032, with a CAGR of 10.9% from 2023 to 2032.
- Europe Fast-Casual and Quick Service Restaurant Market: The European fast-food market, which includes fast-casual, was valued at USD 275.15 billion in 2024 and is projected to reach USD 457.03 billion by 2033, growing at a CAGR of approximately 5.4%. The fast-casual segment in Europe is a growing market, with a projected CAGR of 7.8%.
- United Kingdom Quick Service Restaurant Market: The UK quick service restaurant market was valued at USD 35.77 billion in 2025 and is estimated to grow to USD 48.56 billion by 2031, at a CAGR of 5.23% during the forecast period (2026-2031). Another report indicates a market size of USD 33.8 billion in 2025, expected to reach USD 55.1 billion by 2034, with a CAGR of 5.30% from 2026 to 2034.
- Germany Quick Service Restaurant Market: Germany was the leading performer in the Europe quick service restaurants (QSR) market in 2024, accounting for a 19.3% share of the European market.
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Chipotle Mexican Grill (CMG) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- New Restaurant Expansion and Chipotlane Development: Chipotle continues to expand its physical footprint, with plans to open a significant number of new restaurants. The company opened a record 304 new restaurants in 2024, including 257 Chipotlanes. They anticipate opening 315 to 345 new restaurants in 2025, with over 80% featuring a Chipotlane. This aggressive expansion is set to continue with 350 to 370 new locations targeted for 2026, the majority of which will include a Chipotlane drive-thru format. Furthermore, Chipotle has a long-term goal of reaching 7,000 restaurants in North America.
- International Market Expansion: Beyond North America, Chipotle is pursuing international growth. A notable plan includes a partnership with Alsea to enter the Mexican market in 2026, alongside accelerated growth initiatives in the Middle East. This strategic move into new international territories is expected to contribute to overall revenue growth.
- Operational Enhancements and Throughput Initiatives: The company is focused on improving the guest experience and increasing efficiency. This includes enhancing hospitality, implementing initiatives to boost throughput (the speed at which orders are processed), and modernizing back-of-house operations with new equipment like produce slicers and dual-sided planchas. These operational improvements are part of Chipotle's "Recipe for Growth" strategy and are aimed at driving transaction growth and overall performance.
- Menu Innovation and Targeted Marketing: Chipotle plans to continue introducing new menu items to attract and retain customers, building on the success of recent launches like Chipotle Honey Chicken, which drove incremental transactions. The company anticipates introducing one to two new menu items per year. Coupled with this, enhanced marketing campaigns, including a focus on digital engagement and new product launches, are expected to increase brand visibility and customer engagement.
- Growth in Digital Sales and Loyalty Program Enhancements: Digital sales remain a significant component of Chipotle's revenue, accounting for 35.4% of total sales in Q1 2025. Chipotle is investing in technology and innovation to further amplify digital growth and productivity. A refreshed rewards program is planned, focusing on in-restaurant guests and leveraging AI-driven initiatives to personalize offers and deepen guest loyalty. These digital strategies aim to enhance customer engagement and drive increased sales through online and app orders.
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Share Repurchases
- Chipotle has significantly increased its share repurchases over the last five years, with notable amounts including approximately $466.5 million in 2021, $830.1 million in 2022, $592.349 million in 2023, $1.002 billion in 2024, and a record $2.426 billion in 2025.
- As of December 5, 2025, approximately $1.85 billion remained authorized for future share repurchases. This included an additional $1.8 billion authorized on December 4, 2025.
- The company shifted its strategy in December 2025, moving from quarterly share repurchase authorizations to approving larger amounts designed to cover multiple quarters.
Share Issuance
- Chipotle Mexican Grill has not made any significant share issuances over the last 3-5 years, with financial reports indicating net share repurchases.
- The number of shares outstanding has generally declined, from 1.404 billion in 2021 to 1.304 billion in 2025, reflecting the impact of its share repurchase programs.
Inbound Investments
- No information is available regarding large strategic investments made in Chipotle Mexican Grill by third-parties, such as strategic partners or private equity firms, over the last 3-5 years.
Outbound Investments
- Chipotle launched its "Cultivate Next" venture fund in April 2022 with an initial commitment of $50 million, which was subsequently doubled to $100 million in February 2024.
- The Cultivate Next fund focuses on early-stage investments in companies strategically aligned with Chipotle's mission, including those in supply chain, agriculture, restaurant innovation, automation, and sustainable food.
- In March 2021, Chipotle made an investment in Nuro, an autonomous delivery vehicle developer, for an undisclosed amount.
Capital Expenditures
- Chipotle's capital expenditures were $442.5 million in 2021, $479.2 million in 2022, $560.7 million in 2023, $593.6 million in 2024, and $666.3 million in 2025.
- A primary focus of capital expenditures is new restaurant development, with 334 company-owned restaurants opened in 2025, 257 of which included a Chipotlane.
- The company expects to open approximately 350 new restaurants in 2026, continuing its expansion strategy.
Latest Trefis Analyses
Trade Ideas
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|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
| 12312023 | CMG | Chipotle Mexican Grill | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 37.0% | 31.4% | -3.2% |
| 09302021 | CMG | Chipotle Mexican Grill | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -13.0% | -17.3% | -33.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 129.78 |
| Mkt Cap | 43.8 |
| Rev LTM | 10,680 |
| Op Inc LTM | 2,510 |
| FCF LTM | 1,544 |
| FCF 3Y Avg | 1,428 |
| CFO LTM | 2,062 |
| CFO 3Y Avg | 1,884 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.1% |
| Rev Chg 3Y Avg | 8.9% |
| Rev Chg Q | 5.2% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Mgn LTM | 21.6% |
| Op Mgn 3Y Avg | 22.4% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 17.9% |
| CFO/Rev 3Y Avg | 18.2% |
| FCF/Rev LTM | 13.7% |
| FCF/Rev 3Y Avg | 14.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 43.8 |
| P/S | 3.3 |
| P/EBIT | 20.1 |
| P/E | 28.3 |
| P/CFO | 21.2 |
| Total Yield | 4.8% |
| Dividend Yield | 2.0% |
| FCF Yield 3Y Avg | 3.2% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 0.7% |
| 3M Rtn | 3.5% |
| 6M Rtn | 8.2% |
| 12M Rtn | 6.3% |
| 3Y Rtn | 31.5% |
| 1M Excs Rtn | 3.1% |
| 3M Excs Rtn | 6.3% |
| 6M Excs Rtn | 5.0% |
| 12M Excs Rtn | -16.5% |
| 3Y Excs Rtn | -39.6% |
Comparison Analyses
Price Behavior
Price Behavior
| Market Price | $32.52 | |
| Market Cap ($ Bil) | 42.8 | |
| First Trading Date | 01/26/2006 | |
| Distance from 52W High | -44.2% | |
| 50 Days | 200 Days | |
| DMA Price | $38.01 | $41.27 |
| DMA Trend | down | up |
| Distance from DMA | -14.4% | -21.2% |
| 3M | 1YR | |
| Volatility | 32.1% | 39.6% |
| Downside Capture | 163.04 | 119.46 |
| Upside Capture | 125.74 | 54.14 |
| Correlation (SPY) | 39.3% | 46.3% |
CMG Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.53 | 1.44 | 1.00 | 1.19 | 0.94 | 0.85 |
| Up Beta | 0.13 | 1.11 | 1.16 | 0.98 | 1.08 | 0.97 |
| Down Beta | 1.18 | 1.07 | 0.23 | 1.46 | 0.87 | 0.86 |
| Up Capture | 191% | 182% | 163% | 83% | 46% | 42% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 9 | 19 | 29 | 56 | 111 | 388 |
| Down Capture | 212% | 162% | 109% | 135% | 107% | 93% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 12 | 22 | 32 | 68 | 138 | 361 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMG | |
|---|---|---|---|---|
| CMG | -33.6% | 39.7% | -0.94 | - |
| Sector ETF (XLY) | 13.0% | 23.7% | 0.46 | 50.6% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 46.4% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | -0.4% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 10.0% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 34.9% |
| Bitcoin (BTCUSD) | -15.0% | 44.2% | -0.24 | 21.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMG | |
|---|---|---|---|---|
| CMG | 4.5% | 33.2% | 0.20 | - |
| Sector ETF (XLY) | 8.0% | 23.7% | 0.30 | 55.4% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 53.4% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 4.5% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 5.8% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 35.0% |
| Bitcoin (BTCUSD) | 6.4% | 56.7% | 0.33 | 25.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMG | |
|---|---|---|---|---|
| CMG | 12.2% | 35.6% | 0.42 | - |
| Sector ETF (XLY) | 12.4% | 21.9% | 0.52 | 51.2% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 46.8% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 3.8% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 13.3% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 33.5% |
| Bitcoin (BTCUSD) | 67.5% | 66.8% | 1.07 | 15.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/3/2026 | 1.9% | -1.9% | -5.4% |
| 10/29/2025 | -18.2% | -19.6% | -13.9% |
| 7/23/2025 | -13.3% | -17.1% | -18.7% |
| 4/23/2025 | 1.6% | 3.6% | 4.1% |
| 2/4/2025 | -2.6% | -4.8% | -12.8% |
| 10/29/2024 | -7.9% | -7.1% | 2.6% |
| 7/24/2024 | -1.9% | 4.9% | 3.2% |
| 4/24/2024 | 6.3% | 7.2% | 7.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 12 | 12 |
| # Negative | 13 | 12 | 12 |
| Median Positive | 7.2% | 7.3% | 7.7% |
| Median Negative | -5.0% | -5.8% | -10.4% |
| Max Positive | 14.7% | 17.7% | 30.9% |
| Max Negative | -18.2% | -19.6% | -18.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/04/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/24/2025 | 10-Q |
| 12/31/2024 | 02/05/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/25/2024 | 10-Q |
| 03/31/2024 | 04/25/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 02/09/2023 | 10-K |
| 09/30/2022 | 10/26/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| 03/31/2022 | 04/28/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Garner, Curtis E | Pres, Chief Strgy & Tech Off | Direct | Sell | 12122025 | 36.05 | 67,646 | 2,438,422 | 10,754,923 | Form |
| 2 | Garner, Curtis E | Pres, Chief Strgy & Tech Off | Direct | Sell | 12022025 | 34.67 | 61,892 | 2,145,734 | 10,343,843 | Form |
| 3 | Eskenazi, Ilene | Chief Human Resources Officer | Direct | Sell | 8262025 | 43.15 | 26,576 | 1,146,725 | 3,643,536 | Form |
| 4 | Garner, Curtis E | Pres, Chief Strgy & Tech Off | Direct | Sell | 7082025 | 56.32 | 15,750 | 887,108 | 19,135,167 | Form |
| 5 | Garner, Curtis E | Pres, Chief Strgy & Tech Off | Direct | Sell | 6302025 | 55.14 | 63,000 | 3,473,833 | 19,601,349 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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