Chipotle Mexican Grill (CMG) Change in Taxes (2009 - 2026)

Chipotle Mexican Grill's (CMG) quarterly Change in Taxes came in at $140.0 million in Q1 2026, up 23.52% year-on-year from $113.4 million in Q1 2025, and up 665.12% on a QoQ basis from $18.3 million in Q4 2025.

Chipotle Mexican Grill (CMG) Change in Taxes (2009 - 2026) Analysis & Trends

Chipotle Mexican Grill (CMG) has 18 years of Change in Taxes data on file, last reported at $140.0 million in Q1 2026.

  • On a quarterly basis, Change in Taxes rose 23.52% year-over-year to $140.0 million in Q1 2026; TTM through Mar 2026 was $2.5 million, a 140.7% increase from a year earlier, with the FY2025 full-year figure at -$24.1 million, down 67.97% from the prior year.
  • Change in Taxes for Q1 2026 stood at $140.0 million, up from $18.3 million in the prior quarter.
  • Over the last five years, Change in Taxes for CMG reached as high as $140.0 million in Q1 2026 and fell as low as -$225.7 million in Q4 2023.
  • Historically, Change in Taxes has averaged $8.4 million across 5 years, with a median of $18.3 million in 2025.
  • On a YoY basis, Change in Taxes climbed as much as 621.49% in 2023 and fell as far as 450.78% in 2023.
  • Year by year, Change in Taxes stood at $64.3 million in 2022, then sank by 450.78% to -$225.7 million in 2023, then soared by 106.53% to $14.7 million in 2024, then grew by 24.2% to $18.3 million in 2025, then jumped by 665.12% to $140.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were $140.0 million in Q1 2026, $18.3 million in Q4 2025, and -$29.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn -61.30 Mn
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 140.04 Mn
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn -19.00 Mn
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn -
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 39.40 Mn
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 68.00 Mn
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 12.71 Mn
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn -
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn -
10 Brinker International 7.99 Bn 7.93 Bn 1.10 Bn 1.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 140.04 Mn
Mar 31, 2026 140.04 Mn
Dec 31, 2025 18.30 Mn
Dec 31, 2025 18.30 Mn
Sep 30, 2025 -29.00 Mn
Sep 30, 2025 -29.00 Mn
Jun 30, 2025 -126.81 Mn
Jun 30, 2025 -126.81 Mn
Mar 31, 2025 113.38 Mn
Mar 31, 2025 113.38 Mn
Dec 31, 2024 14.74 Mn
Dec 31, 2024 14.74 Mn
Sep 30, 2024 -10.54 Mn
Sep 30, 2024 -10.54 Mn
Jun 30, 2024 -116.53 Mn
Jun 30, 2024 -116.53 Mn
Mar 31, 2024 97.96 Mn
Mar 31, 2024 97.96 Mn
Dec 31, 2023 -225.66 Mn
Dec 31, 2023 -225.66 Mn