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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Chipotle Mexican Grill's Goodwill for the quarter that ended in Jun. 2026 was C$31 Mil. Chipotle Mexican Grill's Total Assets for the quarter that ended in Jun. 2026 was C$12,441 Mil.
Therefore, Chipotle Mexican Grill's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Chipotle Mexican Grill Goodwill-to-Asset Related Terms
Chipotle Mexican Grill Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Chipotle Mexican Grill's Goodwill-to-Asset 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.
TSX:CMGS vs YUM, DRI, YUMC: Goodwill-to-Asset Comparison
For the Restaurants subindustry, Chipotle Mexican Grill's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's Goodwill-to-Asset falls into.
* 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.
Chipotle Mexican Grill (TSX:CMGS) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Chipotle Mexican Grill and its competitors.
Is Chipotle Mexican Grill's Goodwill-to-Asset too high?
Chipotle Mexican Grill's current Goodwill-to-Asset is 0.00. Overall, Chipotle Mexican Grill has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's Goodwill-to-Asset compare to YUM and DRI?
Chipotle Mexican Grill's Goodwill-to-Asset of 0.00 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 Goodwill-to-Asset for a Restaurants company?
A good Goodwill-to-Asset depends on the Restaurants industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Chipotle Mexican Grill and its competitors. Chipotle Mexican Grill's current Goodwill-to-Asset is 0.00. 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?
Based on GuruFocus' analysis, Chipotle Mexican Grill (TSX:CMGS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$22.95, compared to a current price of C$12.66 — trading 44.8% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Chipotle Mexican Grill's overall GF Score™ is 63/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Chipotle Mexican Grill (TSX:CMGS), the current Goodwill-to-Asset is 0.00 as of Jun. 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 (TSX:CMGS) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of C$12.66 is trading 44.8% below its estimated GF Value™ of C$22.95.
GuruFocus considers Chipotle Mexican Grill to be Significantly Undervalued.
Key valuation signals for TSX:CMGS:
Goodwill-to-Asset: 0.00
GF Value™: C$22.95 vs. price of C$12.66 (44.8% below fair value)
No single metric tells the full story. See the TSX:CMGS 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.
63GF Score
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