Chipotle Mexican Grill (CMG) Capital Expenditures (2009 - 2026)
Chipotle Mexican Grill (CMG) reported Capital Expenditures of $243 million for Q3 2026, up 48.6% from $163.49 million a year earlier and up 11.8% from the prior quarter.
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Analysis
Chipotle Mexican Grill (CMG) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Chipotle Mexican Grill's Capital Expenditures came in at $838.05 million, up 30.6% year-over-year; for FY2025, it was $666.34 million, up 12.3% from FY2024.
- Capital Expenditures has increased for eight consecutive years, with a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $593.6 million in FY2024 (+5.9%), $560.73 million in FY2023 (+17.0%), $479.16 million in FY2022 (+8.3%) and $442.48 million in FY2021 (+18.5%).
- The Q3 2026 figure ranks as the highest quarterly Capital Expenditures in data going back to Q3 2009.
- Year over year, Capital Expenditures has now increased in each of the last 12 quarters, with growth averaging 19.7% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q3 2026 (growth of 48.6%); the low point was Q2 2022 (a decline of 20.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $217.27 million (Q2 2026), $180.33 million (Q1 2026) and $197.46 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.28 Bn | 193.10 Bn | 6.42 Bn | 905.00 Mn |
| 2 | Starbucks | 125.06 Bn | 112.69 Bn | - | 291.40 Mn |
| 3 | Yum Brands | 45.39 Bn | 42.27 Bn | 1.47 Bn | 100.00 Mn |
| 4 | Chipotle Mexican Grill | 44.51 Bn | 41.01 Bn | - | 243.00 Mn |
| 5 | Restaurant Brands International | 27.33 Bn | 24.70 Bn | 1.40 Bn | 72.00 Mn |
| 6 | Darden Restaurants | 26.09 Bn | 25.18 Bn | 1.68 Bn | 180.10 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 72.00 Mn |
| 8 | Yum China Holdings | 17.13 Bn | 11.49 Bn | 537.00 Mn | 127.00 Mn |
| 9 | Texas Roadhouse | 12.88 Bn | 12.25 Bn | - | 98.68 Mn |
| 10 | Dominos Pizza | 11.21 Bn | 10.45 Bn | 476.38 Mn | 21.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 243.00 Mn |
| Jun 30, 2026 | 217.27 Mn |
| Mar 31, 2026 | 180.33 Mn |
| Dec 31, 2025 | 197.46 Mn |
| Sep 30, 2025 | 163.49 Mn |
| Jun 30, 2025 | 160.59 Mn |
| Mar 31, 2025 | 144.81 Mn |
| Dec 31, 2024 | 172.89 Mn |
| Sep 30, 2024 | 147.53 Mn |
| Jun 30, 2024 | 140.49 Mn |
| Mar 31, 2024 | 132.70 Mn |
| Dec 31, 2023 | 171.93 Mn |
| Sep 30, 2023 | 131.20 Mn |
| Jun 30, 2023 | 137.23 Mn |
| Mar 31, 2023 | 120.37 Mn |
| Dec 31, 2022 | 143.65 Mn |
| Sep 30, 2022 | 139.02 Mn |
| Jun 30, 2022 | 100.33 Mn |
| Mar 31, 2022 | 96.16 Mn |
| Dec 31, 2021 | 121.91 Mn |
API Access
Chipotle Mexican Grill Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();