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| 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 |