Chipotle Mexican Grill (CMG)

Operates fast-casual restaurants serving customizable burritos, burrito bowls, quesadillas, tacos, and salads, with sides, drinks, catering, and delivery adding to restaurant sales. Meals are assembled to order, while the website, app, Chipotle Rewards, and third-party delivery extend ordering beyond the counter.

Most locations are in the United States. Restaurants in the U.S., Canada, and Europe are company-owned, while partners operate a much smaller footprint in the Middle East and Mexico. Chipotlane pickup lanes pair new-store expansion with digital convenience.

Restaurant sales drive nearly all revenue, and U.S. operations form the only reportable segment. The model keeps menu execution, staffing, food safety, site selection, and ingredient sourcing inside the operating result; international partners add growth without direct day-to-day control.