Chipotle Mexican Grill, Inc.

NYSE:CMG Stock Report

Market Cap: US$48.9b

Chipotle Mexican Grill Management

Management criteria checks 1/4

Chipotle Mexican Grill's CEO is Scott Boatwright, appointed in Aug 2024, has a tenure of 1.42 years. total yearly compensation is $19.14M, comprised of 4% salary and 96% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth $6.41M. The average tenure of the management team and the board of directors is 1.8 years and 5.2 years respectively.

Key information

Scott Boatwright

Chief executive officer

US$19.1m

Total compensation

CEO salary percentage4.02%
CEO tenure1.4yrs
CEO ownership0.01%
Management average tenure1.8yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

Chipotle Mexican Grill: Company-Specific Initiatives Poised To Drive Growth Reacceleration In 2026

Dec 13

Chipotle Mexican Grill, Inc. (NYSE:CMG) Stocks Pounded By 25% But Not Lagging Market On Growth Or Pricing

Nov 07
Chipotle Mexican Grill, Inc. (NYSE:CMG) Stocks Pounded By 25% But Not Lagging Market On Growth Or Pricing

The Price Is Right For Chipotle Mexican Grill, Inc. (NYSE:CMG) Even After Diving 26%

Aug 01
The Price Is Right For Chipotle Mexican Grill, Inc. (NYSE:CMG) Even After Diving 26%

Analysts Are Updating Their Chipotle Mexican Grill, Inc. (NYSE:CMG) Estimates After Its Second-Quarter Results

Jul 26
Analysts Are Updating Their Chipotle Mexican Grill, Inc. (NYSE:CMG) Estimates After Its Second-Quarter Results

Is Now The Time To Put Chipotle Mexican Grill (NYSE:CMG) On Your Watchlist?

Jul 14
Is Now The Time To Put Chipotle Mexican Grill (NYSE:CMG) On Your Watchlist?

Should You Investigate Chipotle Mexican Grill, Inc. (NYSE:CMG) At US$51.47?

May 21
Should You Investigate Chipotle Mexican Grill, Inc. (NYSE:CMG) At US$51.47?

Analysts Have Been Trimming Their Chipotle Mexican Grill, Inc. (NYSE:CMG) Price Target After Its Latest Report

Apr 28
Analysts Have Been Trimming Their Chipotle Mexican Grill, Inc. (NYSE:CMG) Price Target After Its Latest Report

Chipotle Q1 Preview: Tariffs Hurt Them (Deep Dive)

Apr 22

Chipotle Mexican Grill, Inc.'s (NYSE:CMG) Intrinsic Value Is Potentially 32% Above Its Share Price

Apr 09
Chipotle Mexican Grill, Inc.'s (NYSE:CMG) Intrinsic Value Is Potentially 32% Above Its Share Price

Chipotle: Dark Pool Buys And Long-Term Growth Make It A Buy

Mar 19

Chipotle: Rare Opportunity To Buy At A Truly Attractive Price

Feb 28

The Chipotle Mexican Grill, Inc. (NYSE:CMG) Annual Results Are Out And Analysts Have Published New Forecasts

Feb 07
The Chipotle Mexican Grill, Inc. (NYSE:CMG) Annual Results Are Out And Analysts Have Published New Forecasts

Chipotle: Tariff Fears Overblown, Dips Are Tasty For Long-Term Investors

Feb 05

Here's Why We Think Chipotle Mexican Grill (NYSE:CMG) Is Well Worth Watching

Feb 04
Here's Why We Think Chipotle Mexican Grill (NYSE:CMG) Is Well Worth Watching

What Is Chipotle Mexican Grill, Inc.'s (NYSE:CMG) Share Price Doing?

Jan 21
What Is Chipotle Mexican Grill, Inc.'s (NYSE:CMG) Share Price Doing?

Chipotle: It Still Has Fuel In The Tank

Jan 21

The Price Is Right For Chipotle Mexican Grill, Inc. (NYSE:CMG)

Jan 08
The Price Is Right For Chipotle Mexican Grill, Inc. (NYSE:CMG)

Chipotle: In A Tough Spot As Price Hikes May Trigger Further Sales Deterioration

Dec 20

It's Time To Get Mexican Food: Chipotle Is A Buy (Technical Analysis)

Nov 25

Chipotle: Both The Business And The Investment Are Very Simple

Nov 07

Chipotle Mexican Grill: Still Too Rich For My Wallet

Oct 17

Chipotle Mexican Grill: Still Destined For Growth

Oct 07

Chipotle: I'm Not Worried About CEO's Departure

Sep 23

Beyond The CEO: Evaluating Chipotle's Fundamental Strengths

Sep 11

Chipotle: Departing CEO Niccol Brian Leaves Behind An Extraordinary Team

Aug 23

Chipotle: Can The Sector Leader Avoid Sector Gravity?

Aug 11

Chipotle: Growth Meets Overvaluation - A Sell Recommendation

Aug 01

CEO Compensation Analysis

How has Scott Boatwright's remuneration changed compared to Chipotle Mexican Grill's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$2b

Jun 30 2025n/an/a

US$2b

Mar 31 2025n/an/a

US$2b

Dec 31 2024US$19mUS$768k

US$2b

Sep 30 2024n/an/a

US$1b

Jun 30 2024n/an/a

US$1b

Mar 31 2024n/an/a

US$1b

Dec 31 2023US$6mUS$608k

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$5mUS$563k

US$899m

Sep 30 2022n/an/a

US$809m

Jun 30 2022n/an/a

US$756m

Mar 31 2022n/an/a

US$684m

Dec 31 2021US$5mUS$546k

US$653m

Sep 30 2021n/an/a

US$710m

Jun 30 2021n/an/a

US$586m

Mar 31 2021n/an/a

US$406m

Dec 31 2020US$12mUS$517k

US$356m

Sep 30 2020n/an/a

US$237m

Jun 30 2020n/an/a

US$256m

Mar 31 2020n/an/a

US$338m

Dec 31 2019US$5mUS$468k

US$350m

Compensation vs Market: Scott's total compensation ($USD19.14M) is above average for companies of similar size in the US market ($USD13.47M).

Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.


CEO

Scott Boatwright (52 yo)

1.4yrs
Tenure
US$19,137,517
Compensation

Mr. Scott Boatwright has been the Chief Executive Officer and Director of Chipotle Mexican Grill, Inc. since November 12, 2024 and was its Interim Chief Executive Officer since August 31, 2024 until Novemb...


Leadership Team

NamePositionTenureCompensationOwnership
Scott Boatwright
CEO & Director1.4yrsUS$19.14m0.013%
$ 6.4m
Curtis Garner
President and Chief Strategy & Technology Officer8.8yrsUS$16.03m0.018%
$ 9.0m
Christopher Brandt
Chief Brand Officer & President2.7yrsUS$14.11m0.028%
$ 13.9m
Adam Rymer
Chief Financial Officer1.3yrsUS$5.37m0.0020%
$ 963.8k
Roger Theodoredis
Chief Legal Officer7.3yrsUS$10.65mno data
John Hartung
Senior advisorless than a yearUS$17.50m0.26%
$ 125.3m
Jason Kidd
Chief Operating Officerless than a yearno datano data
Matthew Bush
VP, Controller & Principal Accounting Officerless than a yearno data0.00020%
$ 97.8k
Cynthia Olsen
Head of Investor Relations & Strategyno datano datano data
D Eskenazi
Chief Human Resources Officer2.2yrsno data0.00066%
$ 322.9k
Laurie Schalow
Chief Corporate Affairs & Food Safety Officer6.8yrsno data0.0083%
$ 4.1m
Anat Davidzon
Managing Director of Canadano datano datano data
1.8yrs
Average Tenure
55yo
Average Age

Experienced Management: CMG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Scott Boatwright
CEO & Director1.2yrsUS$19.14m0.013%
$ 6.4m
Patricia Fili-Krushel
Independent Director6.8yrsUS$377.68k0.0030%
$ 1.5m
Mary Winston
Independent Director5.5yrsUS$342.47k0.0023%
$ 1.1m
Albert Baldocchi
Independent Director29yrsUS$335.18k0.24%
$ 119.3m
Matthew Carey
Independent Director4.8yrsUS$340.18k0.0045%
$ 2.2m
Joshua Weinstein
Independent Directorless than a yearno data0.00026%
$ 127.2k
Mauricio Gutierrez
Independent Director4.8yrsUS$335.60k0.0027%
$ 1.3m
Scott Maw
Chairman & Lead Independent Director6.8yrsUS$505.39k0.0032%
$ 1.6m
Robin S. Hickenlooper
Independent Director9.1yrsUS$370.18k0.0033%
$ 1.6m
Laura Fuentes
Independent Director2.3yrsUS$340.18k0.00086%
$ 420.7k
5.2yrs
Average Tenure
56yo
Average Age

Experienced Board: CMG's board of directors are considered experienced (5.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/02 10:05
End of Day Share Price 2026/01/02 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chipotle Mexican Grill, Inc. is covered by 57 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
David TarantinoBaird
Jeffrey BernsteinBarclays