Chipotle Mexican Grill (CMG) Change in Taxes (2009 - 2026)
Chipotle Mexican Grill (CMG) posted quarterly Change in Taxes of -$28.2 million for Q2 2026, up 77.8% year-over-year from -$15.8 million in Q2 2025, and down 120.11% on a QoQ basis from $140.0 million in Q1 2026.
Chipotle Mexican Grill (CMG) Change in Taxes (2009 - 2026) Analysis & Trends
Chipotle Mexican Grill has reported Change in Taxes for 18 years, with the latest figure at -$28.2 million in Q2 2026.
- Change in Taxes for Q2 2026 came in at -$28.2 million, up 77.8% year-over-year; the trailing twelve-month figure through Jun 2026 was $101.2 million (up 1196.2% YoY), and the FY2025 annual result was -$24.1 million, down 67.97% from the prior year.
- Change in Taxes declined to -$28.2 million in Q2 2026, from $140.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at $140.0 million in Q1 2026 and troughed at -$225.7 million in Q4 2023.
- A 5-year average of $6.4 million and a median of $16.5 million in 2024 frame the typical range for Change in Taxes.
- The largest YoY upside for Change in Taxes was 621.49% in 2023 against a maximum downside of 450.78% in 2023.
- A 5-year view of Change in Taxes shows it stood at $64.3 million in 2022, then tumbled by 450.78% to -$225.7 million in 2023, then jumped by 106.53% to $14.7 million in 2024, then advanced by 24.2% to $18.3 million in 2025, then sank by 253.84% to -$28.2 million in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were -$28.2 million in Q2 2026, $140.0 million in Q1 2026, and $18.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | - |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 368.60 Mn |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | -28.16 Mn |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 2.00 Mn |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | - |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 39.40 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | - |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | -53.00 Mn |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 1.86 Mn |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -28.16 Mn |
| Jun 30, 2026 | -28.16 Mn |
| 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 |