Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (2024)


Chipotle Mexican Grill inc (CMG)
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Competitiveness



CMG Sales vs. its Competitors Q4 2022

Comparing the current results to its competitors, Chipotle Mexican Grill Inc reported Revenue increase in the 4 quarter 2022 by 11.22 % year on year, while most of its competitors have experienced contraction in revenues by -18.63 %, recorded in the same quarter.

List of CMG Competitors

With net margin of 10.26 % company reported lower profitability than its competitors.

More on CMG Profitability Comparisons



Revenue Growth Comparisons



Net Income Comparison


Chipotle Mexican Grill inc Net Income in the 4 quarter 2022 grew year on year by 67.62 %, while most of its competitors have experienced contraction in net income by -7.7 %.

<< CMG Stock Performance Comparisons



Chipotle Mexican Grill Inc 's Comment on Competitors and Industry Peers


The fast-casual, quick-service and casual dining segments of the restaurant industry are highly competitive with respect to, among other things, taste, price, food quality and presentation, service, location and the ambience and condition of each restaurant. Our competition includes a variety of restaurants in each of these segments, including locally owned restaurants and national and regional chains. Many of our competitors offer dine-in, carry-out and delivery services. Among our main competitors are a number of multi-unit, multi-market Mexican food or burrito restaurant concepts, some of which are expanding nationally. Unlike us, a number of our competitors grow through franchising.

Several of our competitors compete by offering menu items that are specifically identified as low in carbohydrates, better for customers or otherwise targeted at particular consumer preferences. Many of our competitors in the fast-casual and quick-service segments of the restaurant industry also emphasize lower-cost, “value meal” menu options, a strategy we do not currently pursue.

Moreover, we may also compete with companies outside the fast casual and quick service and casual dining segments of the restaurant industry. For example, competitive pressures can come from deli sections and in-store cafés of several major grocery store chains, including those targeted at customers who want higher-quality food, as well as from convenience stores and casual dining outlets. These competitors may have, among other things, a more diverse menu, lower operating costs, better locations, better facilities, better management, more effective marketing and more efficient operations than we have.
We believe we are well-positioned to continue to grow our market position in existing and new markets given current consumer trends, including increasing awareness and concern among consumers about what they eat and how it is prepared and the increasing prevalence of the fast-casual segment. Some of our competitors have formats that might resemble ours, but we believe that Chipotle has become one of the most recognized fast-casual restaurants and that we are known for our focus on having teams of top-performing employees prepare food using a variety of fresh ingredients in an open restaurant kitchen to create delicious food, as well as our commitment to “Food With Integrity”, which we think adds up to a high quality customer experience in our restaurants. We believe these elements represent significant competitive advantages in the segment in which we operate.

Overall company Market Share Q4 2022

Company's competitiveness improved within Overall company, with revenue growth of 11.22 % and its market share increased to approx. 10.03 %.
<< More on CMG Market Share.
*Market share is calculated based on total revenue.

Who are Chipotle Mexican Grill inc 's Competitors?




Starbucks Corporation
Share Performance


Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (1) -0.75%

30 Days


Starbucks Corporation

Profile


Starbucks Corporation, which was formed in 1985 as a Washington corporation, (together with its subsidiaries, “Starbucks” or the “Company”) purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages, a variety of complementary food items, coffee-related accessories and equipment, a selection of premium teas and a line of compact discs, primarily through Company-operated retail stores. Starbucks sells coffee and tea products through other channels, and, through certain of its equity investees, Starbucks also produces and sells bottled Frappuccino® and Starbucks DoubleShotTM coffee drinks and a line of premium ice creams.

More about Starbucks Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 116,811.828 mill. $ 31,345.300 mill. $ 4,014.500 mill.


The Wendy s Company
Share Performance


Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (2) -3.50%

This Year


The Wendy s Company

Profile


Wendy’s International, Inc. was incorporated in 1969 under the laws of the State of Ohio.The Company is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service and fast-casual restaurants serving high quality food. Each Wendy’s restaurant offers a relatively standard menu featuring hamburgers and filet of chicken breast sandwiches, which are prepared to order with the customer’s choice of condiments. Wendy’s menu also includes chicken nuggets, chicken strips, chili, baked and French fried potatoes, prepared salads, desserts, soft drinks and other non-alcoholic beverages and children’s meals. In addition, the restaurants sell a variety of promotional products on a limited basis.

More about The Wendy s Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,470.861 mill. $ 2,032.198 mill. $ 188.226 mill.


Yum Brands Inc
Share Performance


Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (3) +1.71%

30 Days


Yum Brands Inc

Profile


YUM is the world’s largest quick service restaurantcompany based on number of system units, with over 33,000 units in more than 100 countries and territories. The YUM organization is currently made up of six operating companies organized around the five restaurant concepts of KFC, Pizza Hut, Taco Bell, LJS and A&W (the “Concepts”). The six operating companies are KFC, Pizza Hut, Taco Bell, LJS, A&W and YRI.

More about Yum Brands Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 37,500.109 mill. $ 6,842.000 mill. $ 2,987.000 mill.


Mcdonald s corporation
Share Performance


Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (4) +12.34%

One Year


Mcdonald s corporation

Profile


The Company primarily operates and franchises McDonald’s restaurants in the food service industry. These restaurants serve a varied, yet limited, value-priced menuin more than 100 countries around the world. The Company also operates Boston Market and Chipotle Mexican Grill in the U.S. and has a minority ownership interest in U.K.-based Pret A Manger. In December 2003, the Company sold its Donatos Pizzeria business. Since McDonald’s restaurant business comprises virtually all of the Company’s consolidated operating results, this narrative primarily relates to that business, unless otherwise noted. All restaurants are operated either by the Company, by independent entrepreneurs under the terms of franchise arrangements (franchisees), or by affiliates operating under license agreements.

More about Mcdonald s corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 206,012.211 mill. $ 23,182.600 mill. $ 6,177.400 mill.


Darden Restaurants Inc
Share Performance


Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (5) +15.74%

One Year


Darden Restaurants Inc

Profile


DardenRestaurants,Inc.is thelargestpubliclyheldcasualdining restaurant company in theworld,1. We operatedrestaurantsin the United States and Canada.In the United States,we operatedrestaurants in 49 states (the exceptionbeing Alaska),including RedLobster(R), Olive Garden(R), BahamaBreeze(R), SmokeyBonesBarbeque & Grill SM and one Seasons 52SM restaurants.In Canada,we operated restaurants,including RedLobsterand six OliveGardenrestaurants.We own and operate all of our restaurants in the United States and Canada,with no franchising.

More about Darden Restaurants Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 18,941.397 mill. $ 9,984.400 mill. $ 908.900 mill.


Membership Collective Group Inc
Share Performance


Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (6) +1.86%

30 Days


Membership Collective Group Inc

Profile


The Membership Collective Group ("MCG") is a worldwide membership platform that links a dynamic, varied group of members from all over the world through real and digital locations. These members utilize the MCG platform to connect, create, have fun, and make a good difference while working and socializing.
We began in 1995 with the inauguration of the first Soho House in London's Soho neighborhood, and we are now the only private membership platform with a global presence. We have considerably increased our membership expertise and varied our offerings—both physically and digitally—over the previous 26 years. We have approximately 155,800 members (including over 122,800 Soho House members) that connect with MCG across our worldwide portfolio of 33 brands as of January 2, 2022.
The central pillar of MCG is Soho House, which drives the majority of our membership and revenue today. Since the opening of our first House in London in 1995, we have successfully identified the demand for a premium membership offering that caters to a progressive, creative and diverse global audience. Today, we believe our membership offering, consistently high standards of service, and our global footprint remain unparalleled. A Soho House membership offers access to a network of distinctive and carefully curated Houses, across North America, the United Kingdom, Europe and Asia, which serve as the cornerstone of our member experience. We enhance our member experience through our digital channels, including the SH.APP and our website. Our vision for the SH.APP has always been for it to be like having a House in your pocket. It’s our destination for members to make bookings and payments, to connect with each other and access engaging video content and podcasts — made for our members, by our members. Annually, we host thousands of physical and digital member events worldwide, spanning film, fashion, art, food and drink, well-being, work and music—and help our members forge connections with each other to bring them closer together.
Our membership expertise, honed through the growth of Soho House, has led to our evolution into the Membership Collective Group, a home to numerous memberships including Cities Without Houses, Soho Works, Soho Friends, Soho House Digital, SOHO HOME+ and Ned’s Club. By designing, curating and growing our membership offering, our membership platform can respond to shifting lifestyle trends and the evolution of our members’ needs. Our memberships work together, allowing us to reach new audiences with a set of interconnected offerings.

More about Membership Collective Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,319.469 mill. $ 972.214 mill. $ -219.780 mill.


Noodles and Company
Share Performance


Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share (7) -7.05%

Over The Past 5 Days


Noodles and Company

Profile

More about Noodles and Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 224.879 mill. $ 509.480 mill. $ -3.314 mill.

Chipotle Mexican Grill Inc  Comparisons to its Competitors and Market Share (2024)

FAQs

Chipotle Mexican Grill Inc Comparisons to its Competitors and Market Share? ›

Description. Chipotle Mexican Grill, inc. is a public company headquartered in California with an estimated 96,443 employees. In the US, the company has a notable market share in at least one industry: Fast Food Restaurants, where they account for an estimated 0.2% of total industry revenue.

What is Chipotle Mexican Grill Inc market share? ›

Description. Chipotle Mexican Grill, inc. is a public company headquartered in California with an estimated 96,443 employees. In the US, the company has a notable market share in at least one industry: Fast Food Restaurants, where they account for an estimated 0.2% of total industry revenue.

What differentiates Chipotle from its competitors? ›

Differentiate your product: Chipotle has set itself a step ahead of the competition by catering to customers concerned about sustainability. According to Ells, Chipotle buys more antibiotic-free and vegetarian-fed meat than any other restaurant in the world. As a result, Ells says Chipotle's meat tastes better.

Who is Chipotle's biggest competitors? ›

Qdoba Mexican Eats, Moe's Southwest Grill, Baja Fresh Mexican Grill, and Rubio's Coastal Grill are Chipotle's main competitors. Although it is fast-food-oriented rather than fast-casual, Taco Bell has also started to compete with Chipotle by improving the quality of its food.

What are Chipotle public comparables? ›

The main competitors of Chipotle Mexican Grill include Yum! Brands (YUM), Darden Restaurants (DRI), Yum China (YUMC), Restaurant Brands International (QSR), Dollar General (DG), AutoZone (AZO), JD.com (JD), O'Reilly Automotive (ORLY), Ross Stores (ROST), and Kroger (KR).

What is Chipotle Mexican Grill best known for? ›

Topping the list of the best Chipotle menu items are the chicken burritos. Simply put, the chicken burritos at Chipotle are incredible. “Chipotle's burritos are one of our favorite things about the chain.

Who has the most shares in Chipotle? ›

Chipotle Mexican Grill (NYSE: CMG) is owned by 93.65% institutional shareholders, 15.56% Chipotle Mexican Grill insiders, and 0.00% retail investors. Bank Ag Deutsche is the largest individual Chipotle Mexican Grill shareholder, owning 2.36M shares representing 8.53% of the company.

What sets Chipotle apart from others? ›

The company not only prepares food in front of customers but also makes sure that food is made with integrity. The integrity is enhanced by finding, evaluating, and choosing the right ingredients, which are from animals, farmers, and the environment (chipotle.com).

What is Chipotle's strategy in regard to competition? ›

Strategies. Chipotle has a business strategy of setting themselves apart from their competitors by having a differentiated strategy, like unique brand and food. Their slogan is “food with integrity” and they pride themselves on this. They want to be known as the healthy fast casual alternative.

What are the advantages of Chipotle? ›

Chipotles have been positively linked to a reduction of heart attacks and strokes. They reduce the presence of cholesterol and triglycerides which can both lead to life-threatening conditions. Capsaicin in the peppers widen and relax blood vessels, which can reduce blood pressure.

Who is Chipotle's target market? ›

Chipotle's target market

The ideal target market of Chipotle is millennials, college students, and younger professionals aged 18-28. Many of these people consider cooking as a hobby and will make a majority of their meals from their own kitchen, specifically using fresh and healthy food.

What are Chipotle's weaknesses as a company? ›

Limited food items on the menu – Chipotle's menu lacks a wide range of food items as it is limited to mainly burritos and tacos. As a result, their customers spend relatively high at their competitors' outlets, such as Panera Bread.

What is Chipotle ranked in America? ›

Today, Chipotle operates 2,580 restaurants throughout the US alongside 39 international branches.
...
Summary.
SegmentRank
Segment Restaurants and food serviceRank #8

Why do customers like Chipotle? ›

Chipotle delivers on the very things that matter most to consumers: it serves flavorful food made with fresh, healthy ingredients, quickly, at palatable prices. If that isn't enough, it allows (or dare I say encourages) customers to customize their meal, so that they get exactly what they want.

Why does Chipotle trade so high? ›

Chipotle has a working formula that breeds strong consumer loyalty and engagement. It's at that sweet spot that meets an affluent, resilient customer market, shoppers who still have some disposable money to spend at times like these, without being so high-luxury that shoppers pull back in a tight economy.

Is Panera a competitor of Chipotle? ›

Panera Bread competitors include Dine Brands Global, Starbucks, Chipotle, McDonald's and Au Bon Pain.

What is Chipotle Mexican Grill summary? ›

Chipotle Mexican Grill Inc (Chipotle) is an operator of the fast-food chain in the US. The company, through its subsidiaries, operates restaurants under the Chipotle brand. Its menu offering includes tacos, burritos, salads, and burrito bowls (a burrito without the tortilla).

What is America's favorite Mexican restaurant? ›

Taco Bell was voted the best Mexican restaurant in the country, according to a new study by The Harris Poll. The fast-food chain won the category for the first time since The Harris Poll launched its EquiTrend Study 30 years ago, Yahoo Finance reports.

Who eats Chipotle the most? ›

  • Bruce Wayne (yes, that's his real name) has eaten Chipotle for 426 straight days, defeating the previous record by one day.
  • DENVER --(BUSINESS WIRE)--Dec.

Who is Chipotle largest investor? ›

Top 10 Owners of Chipotle Mexican Grill Inc
StockholderStakeShares owned
The Vanguard Group, Inc.9.20%2,542,422
T. Rowe Price Associates, Inc. (I...6.23%1,720,260
BlackRock Fund Advisors4.87%1,345,641
Pershing Square Capital Managemen...4.00%1,105,208
6 more rows

Did McDonald's own 90% of Chipotle? ›

That first year, McDonald's invested $50 million into the Mexican food restaurant. Over the next seen years, Chipotle opened almost 500 new restaurants, and by 2005 McDonald's investment had grown to 90 percent, basically meaning that the golden arches did own Chipotle.

What is Chipotle's main product? ›

(/tʃɪˈpoʊtleɪ/, chih-POHT-lay), often known simply as Chipotle, is an American chain of fast casual restaurants specializing in bowls, tacos and Mission burritos made to order in front of the customer. Chipotle operates restaurants in the United States, United Kingdom, Canada, Germany, and France.

Who is Chipotle partnered with? ›

NEWPORT BEACH, Calif., June 29, 2020 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today that it is partnering with Grubhub, the nation's leading pickup and delivery marketplace with the largest network of restaurant partners, to expand its delivery footprint in the U.S. Chipotle and Grubhub have ...

What are the key elements of Chipotle's business level strategy? ›

The company plans to grow the business by leveraging its strengths of great tasting, classically-cooked food made from real ingredients, its compelling value proposition, strong new restaurant unit economics, and an efficient digitized second make line.

What are the pros and cons to Chipotle? ›

Pros: Quality food, tremendous potential for expansion, Efficient and innovating operating model, and recent insider buying. Cons: Premium valuations, issues with quality-ingredients sourcing, rising costs, and insignificant overseas presence.

Why do Millennials love Chipotle? ›

Chipotle's ingredients are sourced from farms rather than factories and are free from artificial fillers and flavours. Millennials care about brands that have solid values, and want to support the mission of Chipotle as well as its product.

What is Chipotle growth forecast? ›

Chipotle Mexican Grill Inc (NYSE:CMG)

The 30 analysts offering 12-month price forecasts for Chipotle Mexican Grill Inc have a median target of 1,845.00, with a high estimate of 2,140.00 and a low estimate of 1,550.00. The median estimate represents a +3.94% increase from the last price of 1,775.07.

Is Chipotle a growing business? ›

"We delivered strong growth in 2022, expanding average unit volumes and restaurant level margin, while opening the highest number of new restaurants in six years, despite facing a challenging and fluid macro environment," said Brian Niccol, Chairman and CEO, Chipotle.

What are four major external threats facing Chipotle? ›

According to the Wall Street Journal, Chipotle is facing four major challenges right now: slowing sales growth, a tightening labor market, supply chain issues, and new attacks from critics.

Is Chipotle still successful? ›

31, Chipotle posted revenue of $2.2 billion, good for an 11.2% year-over-year increase. Same-store sales, a key metric for any retail-based business, rose 5.6% from Q4 2021.

What is the #1 fast food chain in America? ›

Most popular fast food companies

McDonald's is by far the most popular fast food chain in the United States. It has about 13,500 locations in the U.S., 40,000 worldwide, and it operates in 118 countries. McDonald's serves 69 million people every day, more than the population of Thailand and the United Kingdom.

Why is Chipotle better than the competition? ›

By choosing to serve their Mexican cuisine with whole, fresh ingredients and high-quality meat, Chipotle has a clearly defined differentiator in the Mexican fast food category. Simply put, their burritos are made of higher quality ingredients than other fast food Mexican chains, such as Taco Bell.

What is the number 1 most popular restaurant? ›

Top 250: The Ranking
RankChain
1McDonald's
2Starbucks
3Chick-fil-A
4Taco Bell
46 more rows

What percent of Chipotle is owned by McDonald's? ›

McDonald's does not own Chipotle. McDonald's Corporation became a major investor in 1998, but McDonald's fully divested itself from Chipotle in 2006. Chipotle is a chain of fast casual restaurants in the United States that make Mission burritos, tacos, and bowls in front of the customer.

How big is the Chipotle company? ›

As of April 2023 Chipotle Mexican Grill has a market cap of $46.72 Billion. This makes Chipotle Mexican Grill the world's 361th most valuable company by market cap according to our data.

How big is the Chipotle business? ›

Chipotle had nearly 3,200 restaurants as of December 31, 2022, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants.

Is Chipotle growing faster than McDonald's? ›

Still, the financials show Chipotle as the comparative growth company of the two. In 2022, it reported revenue of $8.6 billion, up 14% from 2021. An 8% increase in comparable sales (which occurred despite inflation) and the addition of 236 locations boosted these sales.

Is Chipotle a competitor to Mcdonalds? ›

Fast-casual restaurants are also close competitors, with names like Chipotle Mexican Grill (CMG), and Panera Bread Company. Starbucks (SBUX) is a specialty quick-service brand that has some offerings that overlap with McDonald's.

Why did McDonald's leave Chipotle? ›

In October 2006, McDonald's fully divested from Chipotle. This was part of a larger initiative for McDonald's to divest all of its non-core business restaurants — Chipotle, Donatos Pizza, and Boston Market — so that it could focus on the main McDonald's chain.

How popular is Chipotle in the US? ›

All in all, 24% of restaurant chain customers in the United States use Chipotle Mexican Grill.

What is the biggest Chipotle in the world? ›

Chipotle – Puteaux, France

Imagine eating a monster burrito in the world's largest Chipotle. Travel to France, and eat in La Defense, which is three times the size of the typical Chipotle restaurant. This 7,000 square feet location seats 150 people and has two floors for dining.

Is Chipotle a growth company? ›

In 2022, Chipotle's bottom-line growth remained at superb levels, with the company's operating margin expanding to 13.4%, up from 10.7% in 2021. Consequently, net income grew by 37.7% to a record $899.1 million, sustaining its exciting pace of growth.

Why is Chipotle so valuable? ›

The popularity of its menu led to an expansion fueled by a minority investment from McDonalds. This led to one of the most successful restaurant IPOs of the 2000s (more on that in a minute). The company now has over 2,500 locations around the world and raked in $5.6 billion in revenues in 2019 alone. What is this?

What percentage of Chipotles are franchises? ›

As of today, all Chipotle Mexican Grill restaurants are company-owned and the company doesn't offer franchising at this time.

Who was the target market for Chipotle? ›

Chipotle's target market

The ideal target market of Chipotle is millennials, college students, and younger professionals aged 18-28. Many of these people consider cooking as a hobby and will make a majority of their meals from their own kitchen, specifically using fresh and healthy food.

What is Chipotle CEO salary? ›

Chipotle Mexican Grill CEO Brian Niccol took home $38 million in 2020 — up from $33.5 million in 2019 — with a base salary of $1.24 million up from $1.20 million in 2019, according to the Newport Beach, Calif. -based company's proxy statement released on Monday.

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