Chipotle Mexican Grill, Inc. is a restaurant company. Co., through its subsidiaries, owns and operates Chipotle Mexican Grill restaurants, which feature a menu of burritos, burrito bowls (a burrito without the tortilla), quesadillas, tacos, and salads. Co. operates about 3,437 restaurants, including 3,371 Chipotle restaurants within the U.S., and 66 international Chipotle restaurants. Co. owns and operates all its restaurants in North America and Europe. It manages its operations based on eight regions. It has made digital ordering convenient with enhancements to the Chipotle app and Website, such as customization, contactless delivery, and group ordering. We show 60 historical shares outstanding datapoints in our CMG shares outstanding history coverage, used to compute CMG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CMG market cap history over the course of time is important for investors
interested in comparing CMG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CMG versus a peer is one thing; comparing
CMG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CMG can fluctuate over the course of history.
With this page we aim to empower investors researching CMG by allowing them to research the CMG market cap history. |
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Video: The Importance of Market Cap
