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
DateValue
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