Data as of:
brimindinvest.com / compare / cmg-vs-sgLIVE
CMG
Chipotle Mexican Grill, Inc. · Consumer Discretionary / Restaurants
$31.33
-16.10% this month
VERSUS
COMPARE
SG
Sweetgreen, Inc. · Consumer Discretionary / Restaurants
$8.24
+20.29% this month
Comparison scoreboard
CMG LEADS 4/5
AI Scorei
CMG ✓51.2
SG 21.9
1Y Returni
CMG -20.78%
SG ✓+0.86%
Fwd P/Ei
CMG ✓27.78
SG -9.63
Target Up.i
CMG ✓+14.84%
SG -1.19%
Op. Margini
CMG ✓16.11%
SG -12.59%
Metrics last refreshed: 9/27/2026
Quick take

CMG vs SG Stock Comparison: AI Score, Valuation, Performance and Upside

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CMG and SG are both fast-casual chains, but only one has proven the model at scale. Chipotle operates with high average unit volumes, strong restaurant-level margins, and a long opening runway, and trades at a premium accordingly. Sweetgreen has an appealing brand and a differentiated position in health-focused dining but has not yet demonstrated consistent company-level profitability, and its urban concentration adds sensitivity Chipotle does not have.

Use this CMG vs SG comparison to focus on restaurant-level economics rather than brand appeal. What determines the long-run outcome is average volume per restaurant, restaurant-level margin, and the return on capital for each new opening. Chipotle's numbers on all three are proven; Sweetgreen's are still being established.

Live analysis · updated 9/27/2026

CMG holds the edge across 4 of 5 key metrics in this comparison. SG has delivered stronger 1-year price return (+0.86% vs -20.78%), though CMG has the better forward P/E setup (27.78x vs -9.63x for SG). CMG leads on both revenue growth (9.30%) and operating margin (16.11%), suggesting a stronger fundamental setup on both dimensions. Analyst consensus implies meaningfully more upside for CMG (+14.84%) than for SG (-1.19%).

Want a full valuation workup? 46-section report — AI Score, Monte Carlo forecast, bull/bear case, DCF, and more.
Normalized 1Y performance
CMG
SG
Recent returns
CMG
SG
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

CMG
Price target range
analyst mean$43.67
current price$31.33
+14.8% upside to analyst mean
SG
Price target range
analyst mean$6.65
current price$8.24
-1.2% upside to analyst mean
Who should consider this stock?
CMG may suit investors who:
  • Want a proven fast-casual operator with best-in-class unit economics
  • Value a company-owned model that captures the full restaurant profit
  • Believe unit growth and international expansion have years to run
  • Accept a premium valuation and sensitivity to comparable sales misses
SG may suit investors who:
  • Want exposure to a smaller, earlier-stage fast-casual brand
  • Believe automated kitchen formats will improve margins meaningfully
  • Accept that the company is not yet consistently profitable
  • Are comfortable with urban concentration and higher volatility
Performance & AI score
Performance & AI score
MetricCMGSG
AI scorei51.221.9
AI ranki#420#4399
Latest closei$31.33$8.24
1M returni-16.10%+20.29%
6M returni+1.52%+75.32%
1Y returni-20.78%+0.86%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodCMGSG
1Y ago$7.97K (-20.3%)
started 2025-09-25
$10.09K (+0.9%)
started 2025-09-25
5Y ago$8.25K (-17.5%)
started 2021-09-27
$1.66K (-83.4%)
started 2021-11-18
10Y ago$37.31K (+273.1%)
started 2016-09-26
$1.66K (-83.4%)
started 2021-11-18

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricCMGSG
Market capi$48.12B$801.15M
Trailing P/Ei35.2174.78
Forward P/Ei27.78-9.63
Price/SalesiN/AN/A
EV/Revenuei4.251.44
Analyst targeti$43.67$6.65
Target upsidei+14.84%-1.19%
Growth, profitability & risk
Growth, profitability & risk
MetricCMGSG
Revenue growthi9.30%3.80%
Earnings growthi-1.30%N/A
EPS growthi-1.30%N/A
FCF margini+8.99%-9.07%
Operating margini16.11%-12.59%
Profit margini11.43%2.00%
ROIC proxyi49.56%3.07%
Return on equityi49.56%3.07%
Dividend yieldiN/AN/A
Payout ratioi0.00%0.00%
Dividend growth streakiN/AN/A
Betai0.942.20
Debt/equityi246.3576.00
Current ratioi0.711.43
Quick ratioi0.591.30
Correlation

Over the past year, CMG and SG have moved moderately in the same direction (correlation of 0.51), based on daily returns.

1Y
0.51
-1.0+1.0
5Y
0.41
-1.0+1.0
10Y
0.41
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
CMG max drawdowni33.47%
SG max drawdowni47.21%
CMG max wkly dropi23.26%
SG max wkly dropi27.82%
5Y risk snapshot
CMG max drawdowni58.89%
SG max drawdowni91.13%
CMG max wkly dropi23.26%
SG max wkly dropi38.03%
10Y risk snapshot
CMG max drawdowni58.89%
SG max drawdowni91.13%
CMG max wkly dropi28.03%
SG max wkly dropi38.03%
Performance metrics by period
Performance metrics by period
PeriodMetricCMGSG
1YGrowthi-20.34%+0.86%
CAGRi-20.37%+0.86%
Volatilityi42.34%75.27%
Sharpe ratioi-0.430.33
Sortino ratioi-0.560.48
Max drawdowni33.47%47.21%
Current drawdowni26.04%19.29%
Avg drawdowni16.66%22.60%
Ulcer Indexi18.50%25.50%
Max daily dropi18.18%14.27%
Max wkly dropi23.26%27.82%
5YGrowthi-17.53%-83.35%
CAGRi-3.79%-30.90%
Volatilityi34.89%79.73%
Sharpe ratioi-0.06-0.13
Sortino ratioi-0.09-0.19
Max drawdowni58.89%91.13%
Current drawdowni54.30%84.45%
Avg drawdowni21.94%67.73%
Ulcer Indexi27.45%70.35%
Max daily dropi18.18%23.06%
Max wkly dropi23.26%38.03%
10YGrowthi+273.08%-83.35%
CAGRi+14.08%-30.90%
Volatilityi36.21%79.73%
Sharpe ratioi0.42-0.13
Sortino ratioi0.62-0.19
Max drawdowni58.89%91.13%
Current drawdowni54.30%84.45%
Avg drawdowni16.75%67.73%
Ulcer Indexi23.01%70.35%
Max daily dropi18.18%23.06%
Max wkly dropi28.03%38.03%
AI Prediction Signali
Members only
Next 5 trading days
CMG
+2.8%BUY
SG
+1.1%HOLD
Next 30 trading days
CMG
+6.4%BUY
SG
+3.2%HOLD

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Business comparison
Business comparison
CategoryCMGSG
CompanyChipotle Mexican Grill, Inc.Sweetgreen, Inc.
SectorConsumer CyclicalConsumer Cyclical
IndustryRestaurantsRestaurants
Core businessFast-casual Mexican restaurant chain operating company-owned locations with no franchising in its core market. Growth comes from new restaurant openings, digital and delivery orders, throughput improvements, and menu pricing.Fast-casual chain centred on salads and warm bowls, operating company-owned locations concentrated in urban markets, with automated kitchen formats intended to improve throughput and labour efficiency.
Investor focusComparable restaurant sales and transaction growth, restaurant-level margin, new unit opening pace and returns, and food and labour cost inflation.Comparable sales trends, path to consistent profitability, restaurant-level margin at newer stores, automated format results, and unit opening pace.
CMG strengths
  • Industry-leading unit economics with high average volumes per restaurant and strong restaurant-level margins
  • Company-owned model captures all of the profit and keeps operational control tight
  • Substantial remaining unit growth runway in North America plus early international expansion
SG strengths
  • Differentiated brand in health-oriented fast casual with strong appeal in dense urban markets
  • Automated kitchen formats could improve throughput and labour cost per order
  • Small store count relative to the addressable market leaves a long theoretical runway
Risks to watch — CMG
  • Premium valuation leaves little tolerance for a weak comparable sales quarter
  • Food safety incidents have historically damaged traffic severely and remain a tail risk
  • Consumer trade-down in a weaker economy pressures traffic at higher price points
Risks to watch — SG
  • Not consistently profitable at the company level, so growth is funded rather than self-sustaining
  • Urban and office-adjacent concentration makes it sensitive to commuting patterns
  • Salad-led menus have historically shown more weather and seasonal sensitivity
Frequently asked questions
Sweetgreen has not achieved consistent profitability at the company level. Individual restaurants can contribute positive restaurant-level margin while corporate overhead, pre-opening costs, and share-based compensation keep overall results negative. Chipotle by contrast is solidly profitable at both restaurant and company level, which is the most important financial distinction between the two.
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Volatility, Sharpe and Sortino ratios, maximum, current, and average drawdown, Ulcer Index, and worst single-day and single-week drops across every timeframe.

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Pairwise daily-return correlation for every combination, so you can see whether two holdings actually diversify each other or just move together.

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