Chipotle Mexican Grill (CMG) EBITDA Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) reported EBITDA Margin of 9.78% for Q1 2026, down 368.0% year-over-year from 3.65% in Q1 2025, and down 11.98% quarter-over-quarter from 11.11% in Q4 2025.
Chipotle Mexican Grill (CMG) EBITDA Margin (2010 - 2026) Analysis & Trends
Chipotle Mexican Grill (CMG) has 17 years of EBITDA Margin data on file, last reported at 9.78% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 9.78%, down 368.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.98% (down 160.0% YoY), and the FY2025 annual result was 12.9%, down 62.0% from the prior year.
- EBITDA Margin slipped to 9.78% in Q1 2026 per CMG's latest filing, from 11.11% in the prior quarter.
- Over five years, EBITDA Margin peaked at 15.31% in Q2 2024 and troughed at 7.84% in Q1 2022.
- A 5-year average of 12.15% and a median of 12.33% in 2023 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2023 and 2026: EBITDA Margin soared 449 bps in 2023, then tumbled 368 bps in 2026.
- A 5-year view of EBITDA Margin shows it stood at 10.31% in 2022, then grew by 9 bps to 11.27% in 2023, then grew by 3 bps to 11.56% in 2024, then dropped by 4 bps to 11.11% in 2025, then fell by 12 bps to 9.78% in 2026.
- Business Quant data shows CMG's EBITDA Margin at 9.78% in Q1 2026, 11.11% in Q4 2025, and 12.7% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 12.50% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 9.78% |
| 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 | 7.55% |
| 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 | 9.78% |
| Dec 31, 2025 | 11.11% |
| Sep 30, 2025 | 12.70% |
| Jun 30, 2025 | 14.32% |
| Mar 31, 2025 | 13.46% |
| Dec 31, 2024 | 11.56% |
| Sep 30, 2024 | 13.91% |
| Jun 30, 2024 | 15.31% |
| Mar 31, 2024 | 13.25% |
| Dec 31, 2023 | 11.27% |
| Sep 30, 2023 | 12.63% |
| Jun 30, 2023 | 13.61% |
| Mar 31, 2023 | 12.33% |
| Dec 31, 2022 | 10.31% |
| Sep 30, 2022 | 11.48% |
| Jun 30, 2022 | 11.68% |
| Mar 31, 2022 | 7.84% |
| Dec 31, 2021 | 6.80% |
| Sep 30, 2021 | 10.42% |
| Jun 30, 2021 | 9.95% |