CMG vs. DPZ

Last updated Apr 1, 2026

Compare and contrast key facts about Chipotle Mexican Grill, Inc. (CMG) and Domino's Pizza, Inc. (DPZ).

Performance

CMG vs. DPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chipotle Mexican Grill, Inc. (CMG) and Domino's Pizza, Inc. (DPZ). The values are adjusted to include any dividend payments, if applicable.

CMG vs. DPZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CMG Chipotle Mexican Grill, Inc.	-13.49%	-38.64%	31.83%	64.83%	-20.64%	26.07%	65.65%	93.87%	49.39%	-23.40%
DPZ Domino's Pizza, Inc.	-13.49%	0.88%	3.18%	20.69%	-37.88%	48.39%	31.63%	19.63%	32.37%	19.82%

Fundamentals

Market Cap CMG : $42.25B DPZ : $12.18B
EPS CMG : $1.15 DPZ : $17.61K
PE Ratio CMG : 27.86 DPZ : 0.02
PEG Ratio CMG : 1.04 DPZ : 0.00
PS Ratio CMG : 3.59 DPZ : 0.00
Total Revenue (TTM) CMG : $11.93B DPZ : $4.94T
Gross Profit (TTM) CMG : $4.39B DPZ : $1.97T
EBITDA (TTM) CMG : $2.36B DPZ : $296.40B

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with CMG at -13.49% and DPZ at -13.49%. Over the past 10 years, CMG has outperformed DPZ with an annualized return of 13.16%, while DPZ has yielded a comparatively lower 11.65% annualized return.

CMG

• 1D: 2.73%
• 1M: -14.00%
• YTD: -13.49%
• 6M: -18.32%
• 1Y: -36.25%
• 3Y*: -2.15%
• 5Y*: 2.16%
• 10Y*: 13.16%

DPZ

• 1D: 1.66%
• 1M: -10.41%
• YTD: -13.49%
• 6M: -16.13%
• 1Y: -20.59%
• 3Y*: 4.36%
• 5Y*: 0.52%
• 10Y*: 11.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CMG vs. DPZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CMG

CMG Risk / Return Rank: 12
CMG Sharpe Ratio Rank: 6
CMG Sortino Ratio Rank: 9
CMG Omega Ratio Rank: 9
CMG Calmar Ratio Rank: 16
CMG Martin Ratio Rank: 19

DPZ

DPZ Risk / Return Rank: 13
DPZ Sharpe Ratio Rank: 8
DPZ Sortino Ratio Rank: 10
DPZ Omega Ratio Rank: 12
DPZ Calmar Ratio Rank: 20
DPZ Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CMG vs. DPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chipotle Mexican Grill, Inc. (CMG) and Domino's Pizza, Inc. (DPZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CMG	DPZ	Difference
Sharpe ratio Return per unit of total volatility	-0.91	-0.84	-0.07
Sortino ratio Return per unit of downside risk	-1.17	-1.15	-0.03
Omega ratio Gain probability vs. loss probability	0.84	0.87	-0.04
Calmar ratio Return relative to maximum drawdown	-0.73	-0.64	-0.10
Martin ratio Return relative to average drawdown	-1.22	-1.35	+0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMG vs. DPZ - Sharpe Ratio Comparison

The current CMG Sharpe Ratio is -0.91, which is comparable to the DPZ Sharpe Ratio of -0.84. The chart below compares the historical Sharpe Ratios of CMG and DPZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CMG	DPZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.91	-0.84	-0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	0.02	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.39	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.60	-0.09

Correlation

The correlation between CMG and DPZ is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CMG vs. DPZ - Dividend Comparison

CMG has not paid dividends to shareholders, while DPZ's dividend yield for the trailing twelve months is around 2.01%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMG Chipotle Mexican Grill, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DPZ Domino's Pizza, Inc.	2.01%	1.67%	1.44%	1.17%	1.27%	0.67%	0.81%	0.89%	0.89%	0.97%	0.95%	1.11%

Drawdowns

CMG vs. DPZ - Drawdown Comparison

The maximum CMG drawdown since its inception was -74.61%, smaller than the maximum DPZ drawdown of -86.66%. Use the drawdown chart below to compare losses from any high point for CMG and DPZ.

Drawdown Indicators

	CMG	DPZ	Difference
Max Drawdown Largest peak-to-trough decline	-74.61%	-86.66%	+12.05%
Max Drawdown (1Y) Largest decline over 1 year	-48.82%	-28.84%	-19.98%
Max Drawdown (5Y) Largest decline over 5 years	-56.51%	-47.81%	-8.70%
Max Drawdown (10Y) Largest decline over 10 years	-56.51%	-47.81%	-8.70%
Current Drawdown Current decline from peak	-53.31%	-32.49%	-20.82%
Average Drawdown Average peak-to-trough decline	-21.06%	-16.27%	-4.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.46%	13.59%	+15.87%

Volatility

CMG vs. DPZ - Volatility Comparison

Chipotle Mexican Grill, Inc. (CMG) has a higher volatility of 11.34% compared to Domino's Pizza, Inc. (DPZ) at 9.08%. This indicates that CMG's price experiences larger fluctuations and is considered to be riskier than DPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMG	DPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.34%	9.08%	+2.26%
Volatility (6M) Calculated over the trailing 6-month period	31.24%	17.88%	+13.36%
Volatility (1Y) Calculated over the trailing 1-year period	40.03%	24.85%	+15.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.25%	29.21%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.59%	29.89%	+5.70%

Financials

CMG vs. DPZ - Profitability Comparison

The chart below illustrates the profitability comparison between Chipotle Mexican Grill, Inc. and Domino's Pizza, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CMG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Chipotle Mexican Grill, Inc. reported a gross profit of 2.06B and revenue of 2.98B. Therefore, the gross margin over that period was 69.1%.

DPZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Domino's Pizza, Inc. reported a gross profit of 1.97T and revenue of 4.94T. Therefore, the gross margin over that period was 40.0%.

CMG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Chipotle Mexican Grill, Inc. reported an operating income of 420.32M and revenue of 2.98B, resulting in an operating margin of 14.1%.

DPZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Domino's Pizza, Inc. reported an operating income of 295.67M and revenue of 4.94T, resulting in an operating margin of 0.0%.

CMG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Chipotle Mexican Grill, Inc. reported a net income of 330.93M and revenue of 2.98B, resulting in a net margin of 11.1%.

DPZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Domino's Pizza, Inc. reported a net income of 601.28B and revenue of 4.94T, resulting in a net margin of 12.2%.