Chipotle Mexican Grill (CMG) EBIT Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) reported EBIT Margin of 12.86% for Q1 2026, down 381.0% year-over-year from 4.58% in Q1 2025, and down 8.74% quarter-over-quarter from 14.09% in Q4 2025.
Chipotle Mexican Grill (CMG) EBIT Margin (2010 - 2026) Analysis & Trends
Chipotle Mexican Grill (CMG) has 17 years of EBIT Margin data on file, last reported at 12.86% in Q1 2026.
- EBIT Margin for Q1 2026 came in at 12.86%, down 381.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.27% (down 174.0% YoY), and the FY2025 annual result was 16.23%, down 71.0% from the prior year.
- EBIT Margin eased to 12.86% in Q1 2026 per CMG's latest filing, from 14.09% in the prior quarter.
- Over five years, EBIT Margin peaked at 19.71% in Q2 2024 and troughed at 9.41% in Q1 2022.
- A 5-year average of 15.4% and a median of 15.52% in 2023 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2023 and 2026: EBIT Margin jumped 611 bps in 2023, then tumbled 381 bps in 2026.
- A 5-year view of EBIT Margin shows it stood at 13.59% in 2022, then advanced by 6 bps to 14.44% in 2023, then increased by 1 bps to 14.61% in 2024, then declined by 4 bps to 14.09% in 2025, then retreated by 9 bps to 12.86% in 2026.
- Business Quant data shows CMG's EBIT Margin at 12.86% in Q1 2026, 14.09% in Q4 2025, and 15.89% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 8.69% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 12.86% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 31.28% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 26.77% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 12.15% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 13.67% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 8.96% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 20.02% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 1.02% |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 7.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.86% |
| Dec 31, 2025 | 14.09% |
| Sep 30, 2025 | 15.89% |
| Jun 30, 2025 | 18.25% |
| Mar 31, 2025 | 16.67% |
| Dec 31, 2024 | 14.61% |
| Sep 30, 2024 | 16.94% |
| Jun 30, 2024 | 19.71% |
| Mar 31, 2024 | 16.33% |
| Dec 31, 2023 | 14.44% |
| Sep 30, 2023 | 15.98% |
| Jun 30, 2023 | 17.17% |
| Mar 31, 2023 | 15.52% |
| Dec 31, 2022 | 13.59% |
| Sep 30, 2022 | 15.15% |
| Jun 30, 2022 | 15.25% |
| Mar 31, 2022 | 9.41% |
| Dec 31, 2021 | 8.07% |
| Sep 30, 2021 | 12.28% |
| Jun 30, 2021 | 12.97% |