Risk factors

Chipotle Mexican Grill (CMG) risk factors

Item 1A of every Chipotle Mexican Grill Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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  • FY2025 10-K risk factors
    22 risks2 new5 dropped13 reworded

    Chipotle added macro and stock volatility risks, updated its international expansion figures, and adjusted third-party delivery metrics.

    Filed Feb 04, 2026
  • FY2024 10-K risk factors
    25 risks

    Chipotle faces heavy risks centered on food safety, supply chain limits for key ingredients like beef and avocados, and rising labor costs tied to minimum wage mandates.

    Filed Feb 05, 2025