Chipotle Mexican Grill (CMG) EBITDA Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) posted EBITDA Margin of 18.63% for Q2 2026, down 2.59 percentage points from 21.22% a year earlier but up 2.64 percentage points from the prior quarter.
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Analysis
Chipotle Mexican Grill (CMG) EBITDA Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Chipotle Mexican Grill was 17.70%, down 1.94 percentage points year-over-year; for FY2025, it was 19.26%, down 0.64 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +10.43 percentage points (FY2020 to FY2025).
- In prior years, Chipotle Mexican Grill's EBITDA Margin was 19.90% in FY2024 (+0.88 pp), 19.02% in FY2023 (+2.26 pp), 16.76% in FY2022 (+2.72 pp) and 14.04% in FY2021 (+5.21 pp).
- Quarterly EBITDA Margin has run from a low of 11.45% in Q4 2021 to a high of 22.52% in Q2 2024 over five years.
- On a year-over-year basis, EBITDA Margin has declined in each of the last five quarters, with an average year-over-year change of -1.03 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q1 2023, with a gain of 5.79 percentage points; the weakest was Q1 2026, with a drop of 3.71 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 15.99% (Q1 2026), 17.20% (Q4 2025) and 18.90% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 54.98% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 14.70% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 32.96% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 18.63% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 31.71% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 14.48% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 31.71% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 14.91% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 11.97% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.63% |
| Mar 31, 2026 | 15.99% |
| Dec 31, 2025 | 17.20% |
| Sep 30, 2025 | 18.90% |
| Jun 30, 2025 | 21.22% |
| Mar 31, 2025 | 19.70% |
| Dec 31, 2024 | 17.56% |
| Sep 30, 2024 | 19.96% |
| Jun 30, 2024 | 22.52% |
| Mar 31, 2024 | 19.41% |
| Dec 31, 2023 | 17.84% |
| Sep 30, 2023 | 19.15% |
| Jun 30, 2023 | 20.30% |
| Mar 31, 2023 | 18.75% |
| Dec 31, 2022 | 16.98% |
| Sep 30, 2022 | 18.36% |
| Jun 30, 2022 | 18.40% |
| Mar 31, 2022 | 12.96% |
| Dec 31, 2021 | 11.45% |
| Sep 30, 2021 | 15.51% |
API Access
Chipotle Mexican Grill EBITDA 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=ebitda-margin&ticker=CMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();