Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Chipotle Mexican Grill Inc., EBITDA calculation
US$ in thousands
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Item | Description | The company |
|---|---|---|
| EBITDA | To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. | Chipotle Mexican Grill Inc. EBITDA increased from 2022 to 2023 and from 2023 to 2024. |
Enterprise Value to EBITDA Ratio, Current
Chipotle Mexican Grill Inc., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in thousands) | |
| Enterprise value (EV) | 70,477,712) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 2,345,260) |
| Valuation Ratio | |
| EV/EBITDA | 30.05 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Airbnb Inc. | 40.55 |
| Booking Holdings Inc. | 17.99 |
| McDonald’s Corp. | 18.29 |
| Starbucks Corp. | 19.76 |
| EV/EBITDA, Sector | |
| Consumer Services | 22.31 |
| EV/EBITDA, Industry | |
| Consumer Discretionary | 23.76 |
Based on: 10-K (reporting date: 2024-12-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
Chipotle Mexican Grill Inc., historical EV/EBITDA calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Enterprise value (EV)1 | 76,522,516) | 70,561,726) | 43,489,172) | 42,695,568) | 42,516,905) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 2,345,260) | 1,939,900) | 1,468,357) | 1,067,420) | 532,315) | |
| Valuation Ratio | ||||||
| EV/EBITDA3 | 32.63 | 36.37 | 29.62 | 40.00 | 79.87 | |
| Benchmarks | ||||||
| EV/EBITDA, Competitors4 | ||||||
| Airbnb Inc. | — | 40.65 | 36.61 | 338.63 | — | |
| Booking Holdings Inc. | 17.99 | 19.60 | 19.20 | 45.39 | 73.17 | |
| McDonald’s Corp. | — | 18.04 | 20.87 | 17.49 | 21.03 | |
| Starbucks Corp. | 17.33 | 17.75 | 19.88 | 18.77 | 38.99 | |
| EV/EBITDA, Sector | ||||||
| Consumer Services | — | 20.97 | 22.11 | 25.46 | 59.23 | |
| EV/EBITDA, Industry | ||||||
| Consumer Discretionary | — | 18.14 | 19.78 | 21.32 | 29.33 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 76,522,516 ÷ 2,345,260 = 32.63
4 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| EV/EBITDA | Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. | Chipotle Mexican Grill Inc. EV/EBITDA ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level. |