Chipotle Mexican Grill (CMG) EBT Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) posted EBT Margin of 15.93% for Q2 2026, down 2.92 percentage points from 18.85% a year earlier but up 2.79 percentage points from the prior quarter.
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Analysis
Chipotle Mexican Grill (CMG) EBT Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Chipotle Mexican Grill was 15.05%, down 2.40 percentage points year-over-year; for FY2025, it was 16.85%, down 0.92 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of +11.94 percentage points (FY2020 to FY2025).
- In prior years, Chipotle Mexican Grill's EBT Margin was 17.77% in FY2024 (+1.35 pp), 16.42% in FY2023 (+2.73 pp), 13.68% in FY2022 (+2.91 pp) and 10.77% in FY2021 (+5.86 pp).
- Quarterly EBT Margin has run from a low of 8.55% in Q4 2021 to a high of 20.45% in Q2 2024 over five years.
- On a year-over-year basis, EBT Margin has declined in each of the last five quarters, with an average year-over-year change of -1.16 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q1 2023, with a gain of 6.49 percentage points; the weakest was Q1 2026, with a drop of 4.30 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 13.14% (Q1 2026), 14.53% (Q4 2025) and 16.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 41.36% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 15.22% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 24.57% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 15.93% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 23.49% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 8.41% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 23.49% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 11.28% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 8.57% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
Download Data
Historic 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% |
API Access
Chipotle Mexican Grill EBT 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=ebt-margin&ticker=CMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();