Chipotle Mexican Grill debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

—

Cash & equivalents

USD millions

$228.199M

Net debt

USD millions

—

Debt / equity

—

Debt / assets

—

Net debt / EBITDA

× · TTM

—

Debt / FCF

× · TTM

—

Interest coverage

× · TTM

—

The reported inputs required for this metric are unavailable in the extracted statements for this period.

Current ratio

0.72×

Diluted shares

Million shares

1,279.06M shares

Basic shares

Million shares

1,277.36M shares

Share count growth

-5.03%

Share repurchases

USD millions

$653.878M

Quarterly data

Chipotle Mexican Grill capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	—	228.2	—	—	—	—	—	—	0.72×	1,279.06	1,277.36	-5.03%	653.88
FY 2026 Q1	Mar 31, 2026	—	246.64	—	—	—	—	—	—	0.92×	1,301.86	1,298.22	-4.16%	701.03
FY 2025 Q4	Dec 31, 2025	0	350.55	-350.55	0×	0%	-0.15×	0×	—	1.23×	1,320.23	1,315.12	-3.4%	741.8
FY 2025 Q3	Sep 30, 2025	—	698.74	—	—	—	—	—	—	1.54×	1,339.52	1,335	-2.34%	686.67
FY 2025 Q2	Jun 30, 2025	—	844.52	—	—	—	—	—	—	1.65×	1,350.24	1,344.96	-2.03%	443.26
FY 2025 Q1	Mar 31, 2025	—	725.6	—	—	—	—	—	—	1.52×	1,360.72	1,354.52	-1.29%	553.8
FY 2024 Q4	Dec 31, 2024	0	748.54	-748.54	0×	0%	-0.33×	0×	—	1.52×	1,368.98	1,361.41	-0.78%	338.95
FY 2024 Q3	Sep 30, 2024	—	698.55	—	—	—	—	—	—	1.62×	1,374.61	1,367.04	-0.76%	490.24
FY 2024 Q2	Jun 30, 2024	—	806.53	—	—	—	—	—	—	1.71×	1,381.52	1,372.8	-0.54%	145.36
FY 2024 Q1	Mar 31, 2024	—	727.39	—	—	—	—	—	—	1.65×	1,381.2	1,372.2	-0.65%	27.01
FY 2023 Q4	Dec 31, 2023	0	560.61	-560.61	0×	0%	-0.3×	0×	—	1.57×	1,381.2	1,372.11	-0.88%	155.04
FY 2023 Q3	Sep 30, 2023	—	602.31	—	—	—	—	—	—	1.53×	1,384.05	1,377.5	-0.8%	215.55
FY 2023 Q2	Jun 30, 2023	—	504.87	—	—	—	—	—	—	1.58×	1,387.35	1,380.2	-1.08%	95.05
FY 2023 Q1	Mar 31, 2023	—	409.73	—	—	—	—	—	—	1.41×	1,389.4	1,381.2	-1.49%	126.71
FY 2022 Q4	Dec 31, 2022	0	384	-384	0×	0%	-0.27×	0×	—	1.28×	1,395.09	1,384.24	-1.54%	200.37
FY 2022 Q3	Sep 30, 2022	—	366.62	—	—	—	—	—	—	1.32×	1,397.8	1,388.65	-1.34%	107.87
FY 2022 Q2	Jun 30, 2022	—	520.93	—	—	—	—	—	—	1.26×	1,404.6	1,395.25	-0.81%	258.6
FY 2022 Q1	Mar 31, 2022	—	615.86	—	—	—	—	—	—	1.32×	1,415.05	1,402.15	-0.29%	263.31
FY 2021 Q4	Dec 31, 2021	0	815.37	-815.37	0×	0%	-0.77×	0×	—	1.58×	1,424.21	1,405.86	0.45%	165.73
FY 2021 Q3	Sep 30, 2021	—	721.11	—	—	—	—	—	—	1.78×	1,423.75	1,407.5	0.63%	97.58
FY 2021 Q2	Jun 30, 2021	—	668.27	—	—	—	—	—	—	1.73×	1,425.05	1,406.7	0.8%	145.92
FY 2021 Q1	Mar 31, 2021	—	694.78	—	—	—	—	—	—	1.75×	1,429.1	1,406.25	1.2%	57.23
FY 2020 Q4	Dec 31, 2020	0	607.99	-607.99	0×	0%	-1.15×	0×	—	1.73×	1,427.65	1,399.57	0.8%	0
FY 2020 Q3	Sep 30, 2020	—	662.4	—	—	—	—	—	—	1.51×	1,422.7	1,398.65	0.71%	0
FY 2020 Q2	Jun 30, 2020	—	605.62	—	—	—	—	—	—	1.59×	1,416.65	1,395.55	0.69%	0
FY 2020 Q1	Mar 31, 2020	—	500.32	—	—	—	—	—	—	1.62×	1,416.15	1,389.6	0.35%	54.4
FY 2019 Q4	Dec 31, 2019	0	480.63	-480.63	0×	0%	-0.73×	0×	—	1.61×	1,418.76	1,388.48	0.03%	39
FY 2019 Q3	Sep 30, 2019	—	386.57	—	—	—	—	—	—	1.51×	1,419.4	1,388.75	-0.1%	40.08
FY 2019 Q2	Jun 30, 2019	—	299.91	—	—	—	—	—	—	1.52×	1,415	1,386	-0.36%	58.66
FY 2019 Q1	Mar 31, 2019	—	277.66	—	—	—	—	—	—	1.44×	1,405.9	1,384.8	-0.77%	52.89
FY 2018 Q4	Dec 31, 2018	—	249.95	—	—	—	—	—	—	1.81×	1,397.36	1,388.03	-1.4%	44.54
FY 2018 Q3	Sep 30, 2018	—	343.03	—	—	—	—	—	—	1.97×	1,400.85	1,390.1	-2.16%	14.6
FY 2018 Q2	Jun 30, 2018	—	225.66	—	—	—	—	—	—	2.03×	1,396.75	1,390.95	-2.9%	29.18
FY 2018 Q1	Mar 31, 2018	—	231.84	—	—	—	—	—	—	1.72×	1,397.5	1,395.55	-2.92%	72.63
FY 2017 Q4	Dec 31, 2017	—	184.57	—	—	—	—	—	—	1.94×	1,408.02	1,407.78	-2.58%	76.34
FY 2017 Q3	Sep 30, 2017	—	113.48	—	—	—	—	—	—	2.03×	1,421.95	1,420.75	-2.23%	105.76
FY 2017 Q2	Jun 30, 2017	—	175.14	—	—	—	—	—	—	2.48×	1,440	1,432.45	-1.91%	44.69
FY 2017 Q1	Mar 31, 2017	—	122.41	—	—	—	—	—	—	2.17×	1,442.5	1,437.5	-3.82%	59.14
FY 2016 Q4	Dec 31, 2016	—	87.88	—	—	—	—	—	—	1.85×	1,485.22	1,445.08	-6.84%	66.3
FY 2016 Q3	Sep 30, 2016	—	154.13	—	—	—	—	—	—	1.68×	1,458.55	1,453.15	-6.81%	71.32
FY 2016 Q2	Jun 30, 2016	—	189.96	—	—	—	—	—	—	1.4×	1,467	1,460.35	-6.15%	116.23
FY 2016 Q1	Mar 31, 2016	—	250.81	—	—	—	—	—	—	1.38×	1,494.65	1,494.65	-3.68%	583.8
FY 2015 Q4	Dec 31, 2015	—	248.01	—	—	—	—	—	—	2.91×	1,565.5	1,551.19	0%	313.55
FY 2015 Q3	Sep 30, 2015	—	604.16	—	—	—	—	—	—	4.39×	1,577.4	1,559.35	0.54%	30.8
FY 2015 Q2	Jun 30, 2015	—	587.69	—	—	—	—	—	—	3.79×	1,576.3	1,556	0.23%	93.07
FY 2015 Q1	Mar 31, 2015	—	542.96	—	—	—	—	—	—	3.55×	1,579.6	1,551.8	-0.08%	23.25
FY 2014 Q4	Dec 31, 2014	—	419.47	—	—	—	—	—	—	3.58×	1,577.08	1,551.16	0.02%	24.93
FY 2014 Q3	Sep 30, 2014	—	442.62	—	—	—	—	—	—	3.3×	1,577.35	1,551	0.4%	13.11
FY 2014 Q2	Jun 30, 2014	—	470.05	—	—	—	—	—	—	3.69×	1,573.7	1,552.45	0.48%	37.56
FY 2014 Q1	Mar 31, 2014	—	411.59	—	—	—	—	—	—	3.48×	1,574.3	1,553.05	0.16%	12.74
FY 2013 Q4	Dec 31, 2013	—	323.2	—	—	—	—	—	—	3.34×	1,571.02	1,550.82	-0.92%	41.25
FY 2013 Q3	Sep 30, 2013	—	308.08	—	—	—	—	—	—	3.36×	1,564.8	1,544.85	-2.36%	16.59
FY 2013 Q2	Jun 30, 2013	—	281.63	—	—	—	—	—	—	3.04×	1,558.8	1,545.05	-2.51%	30.1
FY 2013 Q1	Mar 31, 2013	—	346.93	—	—	—	—	—	—	3.16×	1,561.45	1,550.6	-1.27%	50.97
FY 2012 Q4	Dec 31, 2012	—	322.55	—	—	—	—	—	—	2.93×	1,574.56	1,565.23	0.07%	134.53
FY 2012 Q3	Sep 30, 2012	—	421.15	—	—	—	—	—	—	4.12×	1,592.3	1,582.15	1%	42.96
FY 2012 Q2	Jun 30, 2012	—	404.8	—	—	—	—	—	—	4.13×	1,597.55	1,584.8	1.7%	12.59
FY 2012 Q1	Mar 31, 2012	—	370.19	—	—	—	—	—	—	4.43×	1,592.3	1,570.5	1.06%	27.01
FY 2011 Q4	Dec 31, 2011	—	401.24	—	—	—	—	—	—	3.18×	1,589.2	1,564.11	0.58%	21.7
FY 2011 Q3	Sep 30, 2011	—	409.88	—	—	—	—	—	—	3.8×	1,591.6	1,566.55	0.97%	19.33
FY 2011 Q2	Jun 30, 2011	—	349.8	—	—	—	—	—	—	3.76×	1,588.05	1,558.35	-0.66%	8.96
FY 2011 Q1	Mar 31, 2011	—	282.94	—	—	—	—	—	—	3.8×	1,585.85	1,554.1	—	13.52
FY 2010 Q4	Dec 31, 2010	—	224.84	—	—	—	—	—	—	3.3×	1,587.34	1,555.17	—	15.12
FY 2010 Q3	Sep 30, 2010	—	211	—	—	—	—	—	—	3.34×	1,581.45	1,551.55	—	52.9
FY 2010 Q2	Jun 30, 2010	—	202.04	—	—	—	—	—	—	3.37×	1,590.1	1,568.65	—	40.79

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · CMG, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.

SEC company facts · CIK 1058090