Growth Metrics

Chipotle Mexican Grill (CMG) Net Margin (2016 - 2025)

Chipotle Mexican Grill (CMG) has disclosed Net Margin for 17 consecutive years, with 11.09% as the latest value for Q4 2025.

  • Quarterly Net Margin fell 57.0% to 11.09% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 12.88% through Dec 2025, down 68.0% year-over-year, with the annual reading at 12.88% for FY2025, 68.0% down from the prior year.
  • Net Margin for Q4 2025 was 11.09% at Chipotle Mexican Grill, down from 12.72% in the prior quarter.
  • The five-year high for Net Margin was 15.33% in Q2 2024, with the low at 6.18% in Q4 2021.
  • Average Net Margin over 5 years is 11.54%, with a median of 11.7% recorded in 2022.
  • Peak annual rise in Net Margin hit 933bps in 2021, while the deepest fall reached -570bps in 2021.
  • Over 5 years, Net Margin stood at 6.18% in 2021, then soared by 66bps to 10.26% in 2022, then grew by 9bps to 11.21% in 2023, then increased by 4bps to 11.66% in 2024, then fell by -5bps to 11.09% in 2025.
  • According to Business Quant data, Net Margin over the past three periods came in at 11.09%, 12.72%, and 14.24% for Q4 2025, Q3 2025, and Q2 2025 respectively.