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% quarter-over-quarter 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.
- Change in Taxes for Q1 2026 came in at $140.0 million, up 23.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.5 million (up 140.7% YoY), and the FY2025 annual result was -$24.1 million, down 67.97% from the prior year.
- Change in Taxes improved to $140.0 million in Q1 2026 per CMG's latest filing, from $18.3 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 $8.4 million and a median of $18.3 million in 2025 frame the typical range for Change in Taxes.
- On a YoY basis, Change in Taxes climbed as much as 621.49% in 2023 and fell as far as 450.78% in 2023.
- A 5-year view of Change in Taxes shows it stood at $64.3 million in 2022, then plunged by 450.78% to -$225.7 million in 2023, then soared by 106.53% to $14.7 million in 2024, then gained by 24.2% to $18.3 million in 2025, then jumped by 665.12% to $140.0 million in 2026.
- Business Quant data shows CMG's Change in Taxes at $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 | 114.58 Bn | 112.88 Bn | 9.40 Bn | -61.30 Mn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 140.04 Mn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | -19.00 Mn |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | -13.60 Mn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 68.00 Mn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 12.71 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | - |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | - |
| 10 | Dutch Bros | 8.99 Bn | 8.95 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 |