Chipotle Mexican Grill (CMG) EBITDA Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) posted quarterly EBITDA Margin of 15.7% for Q2 2026, down 255.0% year-over-year from 10.13% in Q2 2025, and up 22.08% on a QoQ basis from 12.86% in Q1 2026.
Chipotle Mexican Grill (CMG) EBITDA Margin (2010 - 2026) Analysis & Trends
Chipotle Mexican Grill has reported EBITDA Margin for 17 years, with the latest figure at 15.7% in Q2 2026.
- EBITDA Margin for Q2 2026 came in at 15.7%, down 255.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 14.65% (down 200.0% YoY), and the FY2025 annual result was 16.23%, down 71.0% from the prior year.
- EBITDA Margin rose to 15.7% in Q2 2026, from 12.86% in the prior quarter.
- Over five years, EBITDA Margin peaked at 19.71% in Q2 2024 and troughed at 9.41% in Q1 2022.
- A 5-year average of 15.42% and a median of 15.61% in 2026 frame the typical range for EBITDA Margin.
- The widest annual swing landed in 2023, when EBITDA Margin surged 611 bps; it then tumbled 381 bps in 2026.
- A 5-year view of EBITDA Margin shows it stood at 13.59% in 2022, then climbed by 6 bps to 14.44% in 2023, then rose by 1 bps to 14.61% in 2024, then fell by 4 bps to 14.09% in 2025, then rose by 11 bps to 15.7% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 15.7% in Q2 2026, 12.86% in Q1 2026, and 14.09% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 10.52% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 15.70% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 30.20% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 28.41% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 13.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 28.41% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 11.09% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 8.50% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 19.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 12.28% |