Chipotle Mexican Grill (CMG) EBIT Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) posted EBIT Margin of 15.70% for Q2 2026, down 2.55 percentage points from 18.25% a year earlier but up 2.84 percentage points from the prior quarter.
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Analysis
Chipotle Mexican Grill (CMG) EBIT Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT Margin at Chipotle Mexican Grill was 14.65%, down 2.00 percentage points year-over-year; for FY2025, it came in at 16.23%, down 0.71 percentage points from FY2024.
- Annual EBIT Margin shows a five-year change of +11.38 percentage points (FY2020 to FY2025).
- In prior years, Chipotle Mexican Grill's EBIT Margin was 16.94% in FY2024 (+1.16 pp), 15.78% in FY2023 (+2.34 pp), 13.44% in FY2022 (+2.77 pp) and 10.67% in FY2021 (+5.82 pp).
- Quarterly EBIT Margin has run from a low of 8.07% in Q4 2021 to a high of 19.71% in Q2 2024 over five years.
- On a year-over-year basis, EBIT Margin has declined in each of the last five quarters, with an average year-over-year change of -0.99 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q1 2023, with a gain of 6.11 percentage points; the weakest was Q1 2026, with a drop of 3.81 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 12.86% (Q1 2026), 14.09% (Q4 2025) and 15.89% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 198.28 Bn | 193.10 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 125.06 Bn | 112.69 Bn | - | 10.52% |
| 3 | Yum Brands | 45.39 Bn | 42.27 Bn | 1.47 Bn | 30.20% |
| 4 | Chipotle Mexican Grill | 44.51 Bn | 41.01 Bn | - | 13.72% |
| 5 | Restaurant Brands International | 27.33 Bn | 24.70 Bn | 1.40 Bn | 27.56% |
| 6 | Darden Restaurants | 26.09 Bn | 25.18 Bn | 1.68 Bn | 9.98% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 27.56% |
| 8 | Yum China Holdings | 17.13 Bn | 11.49 Bn | 537.00 Mn | 11.09% |
| 9 | Texas Roadhouse | 12.88 Bn | 12.25 Bn | - | 8.50% |
| 10 | Dominos Pizza | 11.21 Bn | 10.45 Bn | 476.38 Mn | 20.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.72% |
| Jun 30, 2026 | 15.70% |
| 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% |
API Access
Chipotle Mexican Grill EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=CMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "CMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();