CMG EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
CMG's ev/ebitda is lower than 83% of the last 10 years.
EV/EBITDA History
CMG EV/EBITDA by year
Yearly range of CMG’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 14.9 to 66.9, averaging 35.4.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 18.2 | 22.5 | 26.7 | 22.8 |
| 2025 | 18.8 | 28.6 | 37.0 | 24.6 |
| 2024 | 33.1 | 39.1 | 48.3 | 37.2 |
| 2023 | 27.6 | 32.6 | 36.8 | 35.7 |
| 2022 | 30.4 | 36.5 | 45.0 | 30.6 |
| 2021 | 43.7 | 56.2 | 66.9 | 46.5 |
| 2020 | 18.2 | 43.5 | 64.0 | 60.2 |
| 2019 | 22.5 | 34.7 | 40.3 | 30.6 |
| 2018 | 14.9 | 22.7 | 28.9 | 22.1 |
| 2017 | 17.6 | 33.4 | 57.6 | 19.0 |
| 2016 | 23.0 | 36.1 | 42.6 | 36.7 |
Get notified when CMG EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
(Market Cap + Net Debt) / EBITDAUnlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Is CMG EV/EBITDA High or Low Right Now?
Chipotle Mexican Grill, Inc.'s EV/EBITDA is currently 22.8, which is historically cheap relative to its 10-year historical range. The 10-year median EV/EBITDA for CMG is approximately 34.3. See all CMG valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.