Growth Metrics

Chipotle Mexican Grill (CMG) Net Margin (2016 - 2026)

Chipotle Mexican Grill (CMG) has disclosed Net Margin for 18 consecutive years, with 9.81% as the latest value for Q1 2026.

  • For Q1 2026, Net Margin fell 364.0% year-over-year to 9.81%; the TTM value through Mar 2026 reached 11.96%, down 163.0%, while the annual FY2025 figure was 12.88%, 68.0% down from the prior year.
  • Net Margin hit 9.81% in Q1 2026 for Chipotle Mexican Grill, down from 11.09% in the prior quarter.
  • Across five years, Net Margin topped out at 15.33% in Q2 2024 and bottomed at 7.83% in Q1 2022.
  • Average Net Margin over 5 years is 12.16%, with a median of 12.31% recorded in 2023.
  • Year-over-year, Net Margin skyrocketed 448bps in 2023 and then plummeted -364bps in 2026.
  • Chipotle Mexican Grill's Net Margin stood at 10.26% in 2022, then increased by 9bps to 11.21% in 2023, then rose by 4bps to 11.66% in 2024, then dropped by -5bps to 11.09% in 2025, then decreased by -12bps to 9.81% in 2026.
  • According to Business Quant data, Net Margin over the past three periods came in at 9.81%, 11.09%, and 12.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.