<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001628588</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001058090</issuerCik>
            <issuerName>CHIPOTLE MEXICAN GRILL INC.</issuerName>
            <secFileNumber>001-32731</secFileNumber>
            <issuerAddress>
                <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                <ns2:city>NEWPORT BEACH</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>92660</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>949-524-4000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>BRIAN R. NICCOL</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>96636</noOfUnitsSold>
            <aggregateMarketValue>5730012.29</aggregateMarketValue>
            <noOfUnitsOutstanding>1362593000</noOfUnitsOutstanding>
            <approxSaleDate>11/11/2024</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>11/11/2024</acquiredDate>
            <natureOfAcquisitionTransaction>SAR Exercise</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>96636</amountOfSecuritiesAcquired>
            <paymentDate>11/11/2024</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/11/2024</saleDate>
            <amountOfSecuritiesSold>96636</amountOfSecuritiesSold>
            <grossProceeds>5730012.29</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/06/2024</saleDate>
            <amountOfSecuritiesSold>106601</amountOfSecuritiesSold>
            <grossProceeds>6189286.04</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>10/28/2024</saleDate>
            <amountOfSecuritiesSold>143783</amountOfSecuritiesSold>
            <grossProceeds>8737275.94</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>09/23/2024</saleDate>
            <amountOfSecuritiesSold>169638</amountOfSecuritiesSold>
            <grossProceeds>9892541.75</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>09/19/2024</saleDate>
            <amountOfSecuritiesSold>211099</amountOfSecuritiesSold>
            <grossProceeds>12176253.65</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>09/17/2024</saleDate>
            <amountOfSecuritiesSold>212222</amountOfSecuritiesSold>
            <grossProceeds>12431200.76</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>09/16/2024</saleDate>
            <amountOfSecuritiesSold>112593</amountOfSecuritiesSold>
            <grossProceeds>6479479.45</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BRIAN R. NICCOL</name>
                <address>
                    <ns2:street1>610 NEWPORT CENTER DRIVE, SUITE 1100</ns2:street1>
                    <ns2:city>NEWPORT BEACH</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>92660</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>09/11/2024</saleDate>
            <amountOfSecuritiesSold>123374</amountOfSecuritiesSold>
            <grossProceeds>6792071.81</grossProceeds>
        </securitiesSoldInPast3Months>
        <remarks>Sales that were executed on November 11, 2024 are being reported on this Form 144 filed on November 12, 2024 given the EDGAR system was not accepting filings November 11, 2024 in observance of the federal holiday. </remarks>
        <noticeSignature>
            <noticeDate>11/12/2024</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Brian Niccol</signature>
        </noticeSignature>
    </formData>
</edgarSubmission>
[{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 9282}]
144
0001628588
XXXXXXXX
LIVE
0001058090
CHIPOTLE MEXICAN GRILL INC.
001-32731
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
949-524-4000
BRIAN R. NICCOL
Officer
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
96636
5730012.29
1362593000
11/11/2024
NYSE
Common
11/11/2024
SAR Exercise
Issuer
N
96636
11/11/2024
Cash
N
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
11/11/2024
96636
5730012.29
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
11/06/2024
106601
6189286.04
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
10/28/2024
143783
8737275.94
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
09/23/2024
169638
9892541.75
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
09/19/2024
211099
12176253.65
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
09/17/2024
212222
12431200.76
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
09/16/2024
112593
6479479.45
BRIAN R. NICCOL
610 NEWPORT CENTER DRIVE, SUITE 1100
NEWPORT BEACH
CA
92660
Common
09/11/2024
123374
6792071.81
Sales that were executed on November 11, 2024 are being reported on this Form 144 filed on November 12, 2024 given the EDGAR system was not accepting filings November 11, 2024 in observance of the federal holiday.
11/12/2024
/s/ Brian Niccol