If you invested $1,000 in Chipotle 10 years ago, you would have earned a significant return on your investment.

Nearly 20 years ago, Chipotle was just a burrito-maker that went public, and now it has come a long way.

The restaurant chain, founded in 1993, made its stock market debut in January 2006 with shares priced at $22 each. By the end of that year, Chipotle was operating more than 570 restaurants in 26 states and Washington D.C., according to its 2006 annual report.

Fast forward to the present day, and the company has grown substantially.

As of May 29, Chipotle's stock price was $3,072.85, and the company had over 3,500 restaurant locations across the U.S., Canada, United Kingdom, France, and Germany, according to its 2024 first quarter earnings report.

The company is preparing for its first stock split, which will occur after the market closes on June 25. This 50-for-1 split will result in shareholders receiving 50 new shares for every share they currently own.

A stock split reduces the price of individual shares, making it more accessible for investors to purchase.

"Jack Hartung, Chipotle's chief financial officer, stated at the March 19 announcement that the company believes the stock split will make it more accessible to employees and a broader range of investors, as their stock is currently experiencing an all-time high due to record revenues, profits, and growth."

How much you'd have if you invested $1,000 in Chipotle

Over the past several years, Chipotle's stock price has skyrocketed to unprecedented heights.

CNBC determined the present value of a $1,000 investment in Chipotle made one, five, or 10 years ago using the company's May 29 closing share price of $3,072.85.

• If you invested $1,000 in Chipotle a year ago, your investment would have grown by approximately 48% and be worth nearly $1,484 as of May 29.
• If you invested $1,000 in Chipotle five years ago, your investment would have grown by approximately 360% and be worth around $4,600 as of May 29.
• If you invested $1,000 in Chipotle 10 years ago, your investment would have grown by approximately 463% and be worth around $5,634 as of May 29.
• If you had invested $1,000 in Chipotle on Jan. 26, 2006, your investment would have increased by approximately 13,867% and be worth $139,675 as of May 29.

Do your research before investing

It's crucial not to base future predictions solely on a company's short-term performance, as the stock market is unpredictable and unexpected events can drastically affect a company's share price.

Financial experts usually advise investors to avoid selecting individual stocks when constructing their portfolio and instead recommend a more diversified, passive approach, such as investing in mutual funds or exchange-traded funds.

These funds aim to replicate the performance of a market index, such as the S&P 500, which measures the stock performance of approximately 500 large U.S. companies. As a result, your funds are diversified across a broad range of companies, including Chipotle, Target, and Microsoft.

Since 2006, the S&P 500 has grown by over 316%, nearly 174% since 2014, and around 91% since 2019, according to CNBC's calculations.

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