ChartRow logo
CMG
Chipotle Mexican Grill Inc.Stock · Consumer DiscretionaryS&P 500 Equal Weight 0.2% · S&P 500 0.07% · Russell 1000 0.06% · US Stock Market 0.06% · Russell 3000 0.06% · MSCI World 0.05% · MSCI ACWI 0.05%
$36.20+0.19%
as of market close, Sep 11, 2026
☾ AH
PeersTSLAAMZNBABAHDMCDBKNG

Chipotle Mexican Grill Inc. drawdown: 47.2% below the all-time high

Chipotle Mexican Grill Inc. is 47.2% below its all-time high, set Jun 18, 2024 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−47.2%
52.8% of ATH
All-time high
$68.55
Jun 18, 2024
Time below the high
2.2 yrs
since Jun 18, 2024
Worst-ever drawdown
−74.6%
Nov 20, 2008
Longest underwater
3.9 yrs
between all-time highs
Today's level first reached
Jul 23, 2021
5.1 yrs ago
Last time this deep
Mar 18, 2020
in a previous episode

% of all-time high since 2006#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%40%60%80%
CMG close · log1.005.0020.00
2010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Dec 26, 2007Nov 20, 2008−74.6%11 moJun 15, 20102.5 yrs
Aug 5, 2015Feb 13, 2018−66.8%2.5 yrsJul 15, 20193.9 yrs
Jun 18, 2024Jun 4, 2026−58.9%2.0 yrsnot yet2.2 yrs+
Feb 19, 2020Mar 18, 2020−50.2%28 daysMay 11, 20203 mo
Apr 13, 2012Oct 23, 2012−46.4%6 moOct 11, 201318 mo
Sep 23, 2021Jun 14, 2022−38.1%9 moApr 26, 20231.6 yrs
May 9, 2006Sep 8, 2006−28.5%4 moMay 2, 200712 mo
Mar 20, 2014Apr 28, 2014−22.1%39 daysJul 22, 20144 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2006: how far Chipotle Mexican Grill Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Chipotle Mexican Grill Inc. from its all-time high?
Chipotle Mexican Grill Inc. is currently 47.2% below its all-time high, set Jun 18, 2024 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Chipotle Mexican Grill Inc. drawdown ever?
The deepest decline on record in our data (since 2006) took Chipotle Mexican Grill Inc. 74.6% below its prior high, bottoming Nov 20, 2008. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from CMG; no free deep history exists for Chipotle Mexican Grill Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

More on Chipotle Mexican Grill Inc.