Chipotle Mexican Grill (CMG) Change in Taxes (2009 - 2026)
Chipotle Mexican Grill (CMG) reported Change in Taxes of $140.0 million for Q1 2026, up 23.52% year-over-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) has 18 years of Change in Taxes data on file, last reported at $140.0 million in Q1 2026.
- Quarterly Change in Taxes rose 23.52% year-over-year to $140.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.5 million (up 140.7% YoY) and the FY2025 annual result came in at -$24.1 million, down 67.97% from the prior year.
- Change in Taxes rose to $140.0 million in Q1 2026 per CMG's latest filing, from $18.3 million in the prior quarter.
- Across five years, Change in Taxes topped out at $140.0 million in Q1 2026 and bottomed at -$225.7 million in Q4 2023.
- The 5-year median for Change in Taxes is $18.3 million (2025), against an average of $8.4 million.
- Peak annual rise in Change in Taxes reached 621.49% in 2023, while the deepest fall reached 450.78% in 2023.
- Tracing CMG's Change in Taxes over 5 years: stood at $64.3 million in 2022, then slumped by 450.78% to -$225.7 million in 2023, then jumped by 106.53% to $14.7 million in 2024, then increased by 24.2% to $18.3 million in 2025, then surged by 665.12% to $140.0 million in 2026.
- Per Business Quant, the three latest CMG Change in Taxes figures stand at $140.0 million (Q1 2026), $18.3 million (Q4 2025), and -$29.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | -61.30 Mn |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | -19.00 Mn |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 140.04 Mn |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | -13.60 Mn |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 68.00 Mn |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 12.71 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | - |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | - |
| 10 | Dutch Bros | 7.47 Bn | 7.43 Bn | 107.48 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 74.25 Mn |
| Sep 30, 2023 | 74.25 Mn |
| Jun 30, 2023 | 60.78 Mn |
| Jun 30, 2023 | 60.78 Mn |
| Mar 31, 2023 | 85.40 Mn |
| Mar 31, 2023 | 85.40 Mn |
| Dec 31, 2022 | 64.33 Mn |
| Dec 31, 2022 | 64.33 Mn |
| Sep 30, 2022 | -14.24 Mn |
| Sep 30, 2022 | -14.24 Mn |
| Jun 30, 2022 | -47.20 Mn |
| Jun 30, 2022 | -47.20 Mn |
| Mar 31, 2022 | 43.37 Mn |
| Mar 31, 2022 | 43.37 Mn |
| Dec 31, 2021 | 53.68 Mn |
| Dec 31, 2021 | 53.68 Mn |
| Sep 30, 2021 | -34.00 Mn |
| Sep 30, 2021 | -34.00 Mn |
| Jun 30, 2021 | -40.49 Mn |
| Jun 30, 2021 | -40.49 Mn |
| Mar 31, 2021 | 38.64 Mn |
| Mar 31, 2021 | 38.64 Mn |
| Dec 31, 2020 | -222.57 Mn |
| Dec 31, 2020 | -222.57 Mn |
| Sep 30, 2020 | 37.44 Mn |
| Sep 30, 2020 | 37.44 Mn |
| Jun 30, 2020 | -40.94 Mn |
| Jun 30, 2020 | -40.94 Mn |
| Mar 31, 2020 | -29.18 Mn |
| Mar 31, 2020 | -29.18 Mn |
| Dec 31, 2019 | -23.10 Mn |
| Dec 31, 2019 | -23.10 Mn |
| Sep 30, 2019 | -4.39 Mn |
| Sep 30, 2019 | -4.39 Mn |
| Jun 30, 2019 | -20.65 Mn |
| Jun 30, 2019 | -20.65 Mn |
| Mar 31, 2019 | 16.05 Mn |
| Mar 31, 2019 | 16.05 Mn |
| Dec 31, 2018 | 26.81 Mn |
| Dec 31, 2018 | 26.81 Mn |
| Sep 30, 2018 | 10.64 Mn |
| Sep 30, 2018 | 10.64 Mn |
| Jun 30, 2018 | -41.02 Mn |
| Jun 30, 2018 | -41.02 Mn |
| Mar 31, 2018 | 18.01 Mn |
| Mar 31, 2018 | 18.01 Mn |
| Dec 31, 2017 | 3.64 Mn |
| Dec 31, 2017 | 3.64 Mn |
| Sep 30, 2017 | -16.29 Mn |
| Sep 30, 2017 | -16.29 Mn |
| Jun 30, 2017 | -21.27 Mn |
| Jun 30, 2017 | -21.27 Mn |
| Mar 31, 2017 | 29.75 Mn |
| Mar 31, 2017 | 29.75 Mn |
| Dec 31, 2016 | 18.31 Mn |
| Dec 31, 2016 | 18.31 Mn |
| Sep 30, 2016 | 1.11 Mn |
| Sep 30, 2016 | 1.11 Mn |
| Jun 30, 2016 | 11.12 Mn |
| Jun 30, 2016 | 11.12 Mn |
| Mar 31, 2016 | 23.80 Mn |
| Mar 31, 2016 | 23.80 Mn |
| Dec 31, 2015 | -45.10 Mn |
| Dec 31, 2015 | -45.10 Mn |
| Sep 30, 2015 | 11.16 Mn |
| Sep 30, 2015 | 11.16 Mn |
| Jun 30, 2015 | -8.62 Mn |
| Jun 30, 2015 | -8.62 Mn |
| Mar 31, 2015 | 75.31 Mn |
| Mar 31, 2015 | 75.31 Mn |
| Dec 31, 2014 | -32.44 Mn |
| Dec 31, 2014 | -32.44 Mn |
| Sep 30, 2014 | 20.23 Mn |
| Sep 30, 2014 | 20.23 Mn |
| Jun 30, 2014 | -27.05 Mn |
| Jun 30, 2014 | -27.05 Mn |
| Mar 31, 2014 | 48.09 Mn |
| Mar 31, 2014 | 48.09 Mn |
| Dec 31, 2013 | 15.80 Mn |
| Dec 31, 2013 | 15.80 Mn |
| Sep 30, 2013 | 10.84 Mn |
| Sep 30, 2013 | 10.84 Mn |
| Jun 30, 2013 | -25.03 Mn |
| Jun 30, 2013 | -25.03 Mn |
| Mar 31, 2013 | 42.72 Mn |
| Mar 31, 2013 | 42.72 Mn |
| Dec 31, 2012 | 15.22 Mn |
| Dec 31, 2012 | 15.22 Mn |
| Sep 30, 2012 | 9.17 Mn |
| Sep 30, 2012 | 9.17 Mn |
| Jun 30, 2012 | 5.70 Mn |
| Jun 30, 2012 | 5.70 Mn |
| Mar 31, 2012 | 29.26 Mn |
| Mar 31, 2012 | 29.26 Mn |
| Dec 31, 2011 | 1.59 Mn |
| Dec 31, 2011 | 1.59 Mn |
| Sep 30, 2011 | 17.90 Mn |
| Sep 30, 2011 | 17.90 Mn |
| Jun 30, 2011 | 22.68 Mn |
| Jun 30, 2011 | 22.68 Mn |
| Mar 31, 2011 | 24.38 Mn |
| Mar 31, 2011 | 24.38 Mn |
| Dec 31, 2010 | -4.80 Mn |
| Dec 31, 2010 | -4.80 Mn |
| Sep 30, 2010 | -10.93 Mn |
| Sep 30, 2010 | -10.93 Mn |
| Jun 30, 2010 | -16.65 Mn |
| Jun 30, 2010 | -16.65 Mn |
| Mar 31, 2010 | 19.16 Mn |
| Mar 31, 2010 | 19.16 Mn |
| Dec 31, 2009 | 19.62 Mn |
| Dec 31, 2009 | 19.62 Mn |
| Sep 30, 2009 | 843,000.00 |
| Sep 30, 2009 | 843,000.00 |