Chipotle Mexican Grill
Restaurants
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $9.9 billion in 2023. The Mexican concept is predominately company-owned, although it recently inked a development agreement with Alshaya Group in the Middle East. It had a footprint of nearly 3,440 stores at the end of 2023, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant salesand delivery fees.

$80.1B

Market Cap • 11/18/2024

1998

(26 years)
Founded

2006

(18 years ago)
IPO

NYSE

Listing Exchange
Flag of US

Newport Beach

Headquarters • California

S&P500 Participant

Index Composite • 2024

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