Chipotle Mexican Grill (CMG) Interest Coverage Ratio (2009 - 2026)
Chipotle Mexican Grill's (CMG) quarterly Interest Coverage Ratio came in at 2.81 in Q1 2026, down 25.72% year-on-year from 3.78 in Q1 2025, and down 10.27% on a QoQ basis from 3.13 in Q4 2025.
Chipotle Mexican Grill (CMG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Chipotle Mexican Grill (CMG) has 18 years of Interest Coverage Ratio data on file, last reported at 2.81 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 25.72% year-over-year to 2.81 in Q1 2026; TTM through Mar 2026 was 3.47, a 15.0% decrease from a year earlier, with the FY2025 full-year figure at 0.26, down 93.7% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 2.81, down from 3.13 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for CMG reached as high as 5.15 in Q2 2024 and fell as low as 2.01 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 3.59 across 5 years, with a median of 3.59 in 2023.
- Across the five-year window, Interest Coverage Ratio surged 78.29% in 2023 and fell 25.72% in 2026, its largest moves.
- Year by year, Interest Coverage Ratio stood at 2.99 in 2022, then advanced by 11.23% to 3.32 in 2023, then grew by 3.02% to 3.42 in 2024, then decreased by 8.51% to 3.13 in 2025, then retreated by 10.27% to 2.81 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.81 in Q1 2026, 3.13 in Q4 2025, and 3.63 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 0.08 |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 2.81 |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 6.02 |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 4.42 |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | -136.00 |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 1.38 |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 353.48 |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 5.04 |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 3.75 |
| 10 | Brinker International | 7.99 Bn | 7.93 Bn | 1.10 Bn | 16.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.81 |
| Dec 31, 2025 | 3.13 |
| Sep 30, 2025 | 3.63 |
| Jun 30, 2025 | 4.37 |
| Mar 31, 2025 | 3.78 |
| Dec 31, 2024 | 3.42 |
| Sep 30, 2024 | 4.03 |
| Jun 30, 2024 | 5.15 |
| Mar 31, 2024 | 3.89 |
| Dec 31, 2023 | 3.32 |
| Sep 30, 2023 | 3.75 |
| Jun 30, 2023 | 4.14 |
| Mar 31, 2023 | 3.59 |
| Dec 31, 2022 | 2.99 |
| Sep 30, 2022 | 3.44 |
| Jun 30, 2022 | 3.56 |
| Mar 31, 2022 | 2.01 |
| Dec 31, 2021 | 1.73 |
| Sep 30, 2021 | 2.66 |
| Jun 30, 2021 | 2.75 |