Chipotle Mexican Grill (HAM:C9F) ROA %: 13.70% (As of Mar. 2026) — 38% Above Median


HAM:C9F Chipotle Mexican Grill Inc HAM:C9F
80 GF Score
Price €28.05
GF Value €50.27
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What is Chipotle Mexican Grill ROA %?

Chipotle Mexican Grill HAM:C9F +1.45% 80 ROA % is 13.70% as of Mar. 2026, which is 38% above its 10-year median of 9.92. GuruFocus rates HAM:C9F with a GF Score™ of 80/100 and a GF Value™ of €50.27. Among 367 Restaurants companies, Chipotle Mexican Grill ranks better than 94.28% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Chipotle Mexican Grill's annualized Net Income for the quarter that ended in Mar. 2026 was €1,048 Mil. Chipotle Mexican Grill's average Total Assets over the quarter that ended in Mar. 2026 was €7,648 Mil. Therefore, Chipotle Mexican Grill's annualized ROA % for the quarter that ended in Mar. 2026 was 13.70%.

The historical rank and industry rank for Chipotle Mexican Grill's ROA % or its related term are showing as below:

HAM:C9F' s ROA % Range Over the Past 10 Years
Min: 0.97   Med: 9.92   Max: 17.79
Current: 15.99

During the past 13 years, Chipotle Mexican Grill's highest ROA % was 17.79%. The lowest was 0.97%. And the median was 9.92%.

HAM:C9F's ROA % is ranked better than
94.28% of 367 companies
in the Restaurants industry
Industry Median: 2.15 vs HAM:C9F: 15.99

Chipotle Mexican Grill  (HAM:C9F) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1047.772/7648.0565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1047.772 / 10685.316)*(10685.316 / 7648.0565)
=Net Margin %*Asset Turnover
=9.81 %*1.3971
=13.70 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Chipotle Mexican Grill ROA % Related Terms


Chipotle Mexican Grill ROA % Historical Data

* Premium members only.

The historical data trend for Chipotle Mexican Grill's ROA % 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.

Chipotle Mexican Grill ROA % Chart

Chipotle Mexican Grill Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.70 13.66 16.19 18.12 15.92

Chipotle Mexican Grill Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.68 18.44 16.33 14.50 13.70

HAM:C9F vs YUM, DRI, YUMC: ROA % Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's ROA % distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's ROA % falls into.


HAM:C9F
80GF Score
Chipotle Mexican Grill Inc HAM:C9F
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chipotle Mexican Grill ROA % Calculation

Chipotle Mexican Grill's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1311.54/( (8790.177+7681.329)/ 2 )
=1311.54/8235.753
=15.92 %

Chipotle Mexican Grill's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1047.772/( (7681.329+7614.784)/ 2 )
=1047.772/7648.0565
=13.70 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 13.70% mean?
Chipotle Mexican Grill (HAM:C9F) has a ROA % of 13.70% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Chipotle Mexican Grill and its competitors. This is 38% above median its historical median of 9.92. Over the past decade, Chipotle Mexican Grill's ROA % has ranged from 0.97 to 17.79. According to the industry distribution chart, Chipotle Mexican Grill ranks #21 out of 367 companies in the Restaurants industry, placing it in the top 5.7%.
Is Chipotle Mexican Grill's ROA % too high?
Chipotle Mexican Grill's current ROA % of 13.70% is 38% above median its 10-year median of 9.92. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 17.79. The Restaurants industry median ROA % is 2.15. Chipotle Mexican Grill's value of 13.70% is 537.2% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #21 out of 367 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. 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 ROA % compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #21 out of 367 companies for ROA %. This places Chipotle Mexican Grill in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 2.15. Chipotle Mexican Grill's value of 13.70% is 537.2% above this benchmark. Historically, Chipotle Mexican Grill's own ROA % has ranged from 0.97 to 17.79 over the past decade. While the company's 10-year median is 9.92 vs. the industry median of 2.15, Chipotle Mexican Grill has consistently been above 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 ROA % for a Restaurants company?
The median ROA % among Restaurants companies is 2.15, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current ROA % of 13.70% is 537.2% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median ROA % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current ROA % is 13.70%, which is 38% above median its own 10-year median of 9.92. 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 ROA % of 13.70%. The stock's GF Value™ is €50.27, compared to a current price of €28.05 — trading 44.2% below its estimated fair value. The current ROA % is 13.70%, which is 38% above median its 10-year median of 9.92 and 537.2% above the Restaurants industry median of 2.15. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Chipotle Mexican Grill (HAM:C9F), the current ROA % is 13.70% 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 €28.05 is trading 44.2% below its estimated GF Value™ of €50.27.

Key valuation signals for HAM:C9F:

  • ROA %: 13.70% (38% above median its 10-year median of 9.92)
  • GF Value™: €50.27 vs. price of €28.05 (44.2% below fair value)
  • GF Score™: 80/100
  • Industry Position: 537.2% above the Restaurants median (#21 of 367)

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 Mexican Grill Business Description

Address 610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
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

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.05
Price
€50.27
GF Value