Chipotle Mexican Grill (CMG) EBIT Margin (2010 - 2026)

Chipotle Mexican Grill's (CMG) quarterly EBIT Margin came in at 12.86% in Q1 2026, down 381.0% year-on-year from 4.58% in Q1 2025, and down 8.74% on a QoQ basis 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.

  • On a quarterly basis, EBIT Margin fell 381.0% year-over-year to 12.86% in Q1 2026; TTM through Mar 2026 was 15.27%, a 174.0% decrease from a year earlier, with the FY2025 full-year figure at 16.23%, down 71.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 12.86%, down from 14.09% in the prior quarter.
  • Over the last five years, EBIT Margin for CMG reached as high as 19.71% in Q2 2024 and fell as low as 9.41% in Q1 2022.
  • Historically, EBIT Margin has averaged 15.4% across 5 years, with a median of 15.52% in 2023.
  • Across the five-year window, EBIT Margin surged 611 bps in 2023 and sank 381 bps in 2026, its largest moves.
  • Year by year, EBIT Margin stood at 13.59% in 2022, then increased by 6 bps to 14.44% in 2023, then advanced by 1 bps to 14.61% in 2024, then decreased by 4 bps to 14.09% in 2025, then dropped by 9 bps to 12.86% in 2026.
  • Per Business Quant data, the three most recent EBIT Margin figures were 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 118.28 Bn 116.58 Bn 6.32 Bn 8.69%
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 31.28%
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 12.86%
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 26.77%
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 12.15%
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 13.67%
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 8.96%
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 19.43%
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 7.39%
10 Brinker International 8.13 Bn 8.07 Bn 1.10 Bn 11.33%

Historic Data

Download Data
DateValue
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%