Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Chipotle Mexican Grill's shares outstanding for the quarter that ended in Mar. 2026 was 1,287 Mil.
Chipotle Mexican Grill's quarterly shares outstanding
declined
from Dec. 2025 (1,304 Mil) to Mar. 2026 (1,287 Mil).
It means Chipotle Mexican Grillbought back shares from Dec. 2025 to Mar. 2026 .
Chipotle Mexican Grill's annual shares outstanding
declined
from Dec. 2024 (1,359 Mil) to Dec. 2025 (1,304 Mil).
It means Chipotle Mexican Grillbought back shares from Dec. 2024 to Dec. 2025 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Chipotle Mexican Grill Shares Outstanding (EOP) Related Terms
Chipotle Mexican Grill Shares Outstanding (EOP) Historical Data
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The historical data trend for Chipotle Mexican Grill's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:C9F vs YUM, DRI, YUMC: Shares Outstanding (EOP) Comparison
For the Restaurants subindustry, Chipotle Mexican Grill's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Chipotle Mexican Grill Shares Outstanding (EOP) vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 1,287 Mil mean?
Chipotle Mexican Grill (HAM:C9F) has a Shares Outstanding (EOP) of 1,287 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Chipotle Mexican Grill and its competitors.
Is Chipotle Mexican Grill's Shares Outstanding (EOP) too high?
Chipotle Mexican Grill's current Shares Outstanding (EOP) is 1,287 Mil. Overall, Chipotle Mexican Grill has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's Shares Outstanding (EOP) compare to YUM and DRI?
Chipotle Mexican Grill's Shares Outstanding (EOP) of 1,287 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Restaurants company?
A good Shares Outstanding (EOP) depends on the Restaurants industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Chipotle Mexican Grill and its competitors. Chipotle Mexican Grill's current Shares Outstanding (EOP) is 1,287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chipotle Mexican Grill stock overvalued right now?
Chipotle Mexican Grill (HAM:C9F) has a current Shares Outstanding (EOP) of 1,287 Mil. The stock's GF Value™ is €50.38, compared to a current price of €29.45 — trading 41.5% below its estimated fair value. The current Shares Outstanding (EOP) is 1,287 Mil. Chipotle Mexican Grill's overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Chipotle Mexican Grill (HAM:C9F), the current Shares Outstanding (EOP) is 1,287 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chipotle Mexican Grill (HAM:C9F) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of €29.45 is trading 41.5% below its estimated GF Value™ of €50.38.
Key valuation signals for HAM:C9F:
Shares Outstanding (EOP): 1,287 Mil
GF Value™: €50.38 vs. price of €29.45 (41.5% below fair value)
No single metric tells the full story. See the HAM:C9F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chipotle is a leading fast-casual, Mexican-inspired restaurant chain, generating $11.9 billion in sales across 3,983 company-operated US locations, 104 international units primarily in Canada and Europe, and 14 licensed stores largely operated in the Middle East at the end of 2025. The firm's revenue is primarily driven by food and beverage sales at its company-owned restaurants, supplemented by delivery fees generated through its first-party digital channels. Chipotle emphasizes ingredients with no artificial flavors and utilizes an efficient, assembly line service model to serve mainly customizable burritos, bowls, salads, quesadillas, and tacos.
80GF Score
Get the complete analysis for HAM:C9F
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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