Chipotle Mexican Grill (CMG) EBT Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) posted quarterly EBT Margin of 15.93% for Q2 2026, down 292.0% year-over-year from 8.29% in Q2 2025, and up 21.19% on a QoQ basis from 13.14% in Q1 2026.
Chipotle Mexican Grill (CMG) EBT Margin (2010 - 2026) Analysis & Trends
Chipotle Mexican Grill has reported EBT Margin for 17 years, with the latest figure at 15.93% in Q2 2026.
- EBT Margin for Q2 2026 came in at 15.93%, down 292.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 15.05% (down 240.0% YoY), and the FY2025 annual result was 16.85%, down 92.0% from the prior year.
- EBT Margin improved to 15.93% in Q2 2026, from 13.14% in the prior quarter.
- Over five years, EBT Margin peaked at 20.45% in Q2 2024 and troughed at 9.4% in Q1 2022.
- A 5-year average of 15.96% and a median of 15.91% in 2023 frame the typical range for EBT Margin.
- The widest annual swing landed in 2023, when EBT Margin surged 649 bps; it then plunged 430 bps in 2026.
- A 5-year view of EBT Margin shows it stood at 13.91% in 2022, then gained by 9 bps to 15.19% in 2023, then rose by 2 bps to 15.43% in 2024, then fell by 6 bps to 14.53% in 2025, then increased by 10 bps to 15.93% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 15.93% in Q2 2026, 13.14% in Q1 2026, and 14.53% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 41.36% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 15.22% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 15.93% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 24.57% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 23.49% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 12.52% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 23.49% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 11.28% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 8.57% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 14.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.93% |
| Mar 31, 2026 | 13.14% |
| Dec 31, 2025 | 14.53% |
| Sep 30, 2025 | 16.55% |
| Jun 30, 2025 | 18.85% |
| Mar 31, 2025 | 17.44% |
| Dec 31, 2024 | 15.43% |
| Sep 30, 2024 | 17.99% |
| Jun 30, 2024 | 20.45% |
| Mar 31, 2024 | 17.05% |
| Dec 31, 2023 | 15.19% |
| Sep 30, 2023 | 16.72% |
| Jun 30, 2023 | 17.82% |
| Mar 31, 2023 | 15.90% |
| Dec 31, 2022 | 13.91% |
| Sep 30, 2022 | 15.31% |
| Jun 30, 2022 | 15.73% |
| Mar 31, 2022 | 9.40% |
| Dec 31, 2021 | 8.55% |
| Sep 30, 2021 | 12.27% |