Chipotle Mexican GrillMEX:CMG +3.66%83 Quick Ratio is 0.88 as of Mar. 2026, which is 44% below its 10-year median of 1.57. GuruFocus rates MEX:CMG with a GF Score™ of 83/100 and a GF Value™ of MXN1,048.30 (Significantly Undervalued). Among 364 Restaurants companies, Chipotle Mexican Grill ranks better than 50.27% on this metric.
Chipotle Mexican Grill has a quick ratio of 0.88. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Chipotle Mexican Grill's Quick Ratio or its related term are showing as below:
MEX:CMG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.57 Max: 2.41
Current: 0.88
During the past 13 years, Chipotle Mexican Grill's highest Quick Ratio was 2.41. The lowest was 0.88. And the median was 1.57.
MEX:CMG's Quick Ratio is ranked better than 50.27% of 364
companies
in the Restaurants industry
Industry Median: 0.88
vs MEX:CMG: 0.88
Chipotle Mexican Grill (MEX:CMG) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Chipotle Mexican Grill Quick Ratio Related Terms
Chipotle Mexican Grill Quick Ratio Historical Data
* 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.
For the Restaurants subindustry, Chipotle Mexican Grill's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Chipotle Mexican Grill's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Chipotle Mexican Grill's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:CMG) has a Quick Ratio of 0.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chipotle Mexican Grill and its competitors. This is 44% below median its historical median of 1.57. Over the past decade, Chipotle Mexican Grill's Quick Ratio has ranged from 0.88 to 2.41. According to the industry distribution chart, Chipotle Mexican Grill ranks #181 out of 364 companies in the Restaurants industry, placing it in the top 49.7%.
Is Chipotle Mexican Grill's Quick Ratio too high?
Chipotle Mexican Grill's current Quick Ratio of 0.88 is 44% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.41. The Restaurants industry median Quick Ratio is 0.88. Chipotle Mexican Grill's value of 0.88 is 0% at this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #181 out of 364 companies in the Restaurants industry, which is above the industry midpoint. Overall, Chipotle Mexican Grill has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's Quick Ratio compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #181 out of 364 companies for Quick Ratio. This puts Chipotle Mexican Grill in the upper half of its industry. The industry median Quick Ratio is 0.88. Chipotle Mexican Grill's value of 0.88 is 0% at this benchmark. Historically, Chipotle Mexican Grill's own Quick Ratio has ranged from 0.88 to 2.41 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 0.88, Chipotle Mexican Grill has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Restaurants company?
The median Quick Ratio among Restaurants companies is 0.88, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current Quick Ratio of 0.88 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median Quick Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current Quick Ratio is 0.88, which is 44% below median its own 10-year median of 1.57. 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 (MEX:CMG) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,048.30, compared to a current price of MXN584.94 — trading 44.2% below its estimated fair value. The current Quick Ratio is 0.88, which is 44% below median its 10-year median of 1.57 and 0% at the Restaurants industry median of 0.88. Chipotle Mexican Grill's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Chipotle Mexican Grill (MEX:CMG), the current Quick Ratio is 0.88 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 (MEX:CMG) Overvalued in 2026?
Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued.
The current stock price of MXN584.94 is trading 44.2% below its estimated GF Value™ of MXN1,048.30.
GuruFocus considers Chipotle Mexican Grill to be Significantly Undervalued.
Key valuation signals for MEX:CMG:
Quick Ratio: 0.88 (44% below median its 10-year median of 1.57)
GF Value™: MXN1,048.30 vs. price of MXN584.94 (44.2% below fair value)
Industry Position: 0% at the Restaurants median (#181 of 364)
No single metric tells the full story. See the MEX:CMG 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.
83GF Score
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