Growth Metrics

Chipotle Mexican Grill (CMG) Change in Taxes (2016 - 2025)

Chipotle Mexican Grill (CMG) has disclosed Change in Taxes for 17 consecutive years, with $18.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Change in Taxes rose 24.2% to $18.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$24.1 million, a 67.97% decrease, with the full-year FY2025 number at -$24.1 million, down 67.97% from a year prior.
  • Change in Taxes was $18.3 million for Q4 2025 at Chipotle Mexican Grill, up from -$29.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $113.4 million in Q1 2025 to a low of -$225.7 million in Q4 2023.
  • A 5-year average of $1.0 million and a median of $16.5 million in 2024 define the central range for Change in Taxes.
  • Peak YoY movement for Change in Taxes: surged 275900.0% in 2021, then tumbled 450.78% in 2023.
  • Chipotle Mexican Grill's Change in Taxes stood at $53.7 million in 2021, then increased by 19.84% to $64.3 million in 2022, then crashed by 450.78% to -$225.7 million in 2023, then skyrocketed by 106.53% to $14.7 million in 2024, then increased by 24.2% to $18.3 million in 2025.
  • Per Business Quant, the three most recent readings for CMG's Change in Taxes are $18.3 million (Q4 2025), -$29.0 million (Q3 2025), and -$126.8 million (Q2 2025).