Chipotle Mexican Grill (CMG) Operating Leases (2019 - 2026)
Chipotle Mexican Grill (CMG) reported Operating Leases of $4.9 billion for Q1 2026, up 13.5% year-over-year from $4.3 billion in Q1 2025, and up 3.4% quarter-over-quarter from $4.8 billion in Q4 2025.
Chipotle Mexican Grill (CMG) Operating Leases (2019 - 2026) Analysis & Trends
Chipotle Mexican Grill (CMG) has 8 years of Operating Leases data on file, last reported at $4.9 billion in Q1 2026.
- Operating Leases for Q1 2026 came in at $4.9 billion, up 13.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.9 billion (up 13.5% YoY), and the FY2025 annual result was $4.8 billion, up 11.98% from the prior year.
- Operating Leases grew to $4.9 billion in Q1 2026 per CMG's latest filing, from $4.8 billion in the prior quarter.
- Over five years, Operating Leases peaked at $4.9 billion in Q1 2026 and troughed at $3.3 billion in Q1 2022.
- A 5-year average of $4.0 billion and a median of $3.9 billion in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2026: Operating Leases increased 5.86% in 2022, then increased 13.5% in 2026.
- A 5-year view of Operating Leases shows it stood at $3.5 billion in 2022, then increased by 8.82% to $3.8 billion in 2023, then rose by 12.07% to $4.3 billion in 2024, then climbed by 11.98% to $4.8 billion in 2025, then climbed by 3.4% to $4.9 billion in 2026.
- Business Quant data shows CMG's Operating Leases at $4.9 billion in Q1 2026, $4.8 billion in Q4 2025, and $4.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.94 Bn |
| Dec 31, 2025 | 4.77 Bn |
| Sep 30, 2025 | 4.69 Bn |
| Jun 30, 2025 | 4.49 Bn |
| Mar 31, 2025 | 4.35 Bn |
| Dec 31, 2024 | 4.26 Bn |
| Sep 30, 2024 | 4.21 Bn |
| Jun 30, 2024 | 4.01 Bn |
| Mar 31, 2024 | 3.90 Bn |
| Dec 31, 2023 | 3.80 Bn |
| Sep 30, 2023 | 3.77 Bn |
| Jun 30, 2023 | 3.64 Bn |
| Mar 31, 2023 | 3.53 Bn |
| Dec 31, 2022 | 3.50 Bn |
| Sep 30, 2022 | 3.50 Bn |
| Jun 30, 2022 | 3.39 Bn |
| Mar 31, 2022 | 3.33 Bn |
| Dec 31, 2021 | 3.30 Bn |
| Sep 30, 2021 | 3.27 Bn |
| Jun 30, 2021 | 3.13 Bn |