Chipotle Mexican Grill (CMG) EBT Margin (2010 - 2026)

Chipotle Mexican Grill (CMG) reported EBT Margin of 13.14% for Q1 2026, down 430.0% year-over-year from 3.98% in Q1 2025, and down 9.59% quarter-over-quarter from 14.53% in Q4 2025.

Chipotle Mexican Grill (CMG) EBT Margin (2010 - 2026) Analysis & Trends

Chipotle Mexican Grill (CMG) has 17 years of EBT Margin data on file, last reported at 13.14% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 13.14%, down 430.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.77% (down 209.0% YoY), and the FY2025 annual result was 16.85%, down 92.0% from the prior year.
  • EBT Margin slipped to 13.14% in Q1 2026 per CMG's latest filing, from 14.53% 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 15.97% and a median of 15.9% in 2023 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2023 and 2026: EBT Margin jumped 649 bps in 2023, then plunged 430 bps in 2026.
  • A 5-year view of EBT Margin shows it stood at 13.91% in 2022, then rose by 9 bps to 15.19% in 2023, then increased by 2 bps to 15.43% in 2024, then declined by 6 bps to 14.53% in 2025, then declined by 10 bps to 13.14% in 2026.
  • Business Quant data shows CMG's EBT Margin at 13.14% in Q1 2026, 14.53% in Q4 2025, and 16.55% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn 7.64%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 13.14%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 25.06%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 21.33%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 10.67%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 13.82%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 9.00%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 15.70%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 2.21%
10 Dutch Bros 8.99 Bn 8.95 Bn 107.48 Mn 5.81%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 13.02%