Chipotle Mexican Grill (CMG) Operating Leases (2019 - 2026)
Chipotle Mexican Grill's (CMG) quarterly Operating Leases came in at $4.9 billion in Q1 2026, up 13.5% year-on-year from $4.3 billion in Q1 2025, and up 3.4% on a QoQ basis 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.
- On a quarterly basis, Operating Leases rose 13.5% year-over-year to $4.9 billion in Q1 2026; TTM through Mar 2026 was $4.9 billion, a 13.5% increase from a year earlier, with the FY2025 full-year figure at $4.8 billion, up 11.98% from the prior year.
- Operating Leases for Q1 2026 stood at $4.9 billion, up from $4.8 billion in the prior quarter.
- Over the last five years, Operating Leases for CMG reached as high as $4.9 billion in Q1 2026 and fell as low as $3.3 billion in Q1 2022.
- Historically, Operating Leases has averaged $4.0 billion across 5 years, with a median of $3.9 billion in 2024.
- Across the five-year window, Operating Leases climbed 5.86% in 2022 and climbed 13.5% in 2026, its largest moves.
- Year by year, Operating Leases stood at $3.5 billion in 2022, then advanced by 8.82% to $3.8 billion in 2023, then climbed by 12.07% to $4.3 billion in 2024, then rose by 11.98% to $4.8 billion in 2025, then rose by 3.4% to $4.9 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $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 | 118.28 Bn | 116.58 Bn | 6.32 Bn |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn |
| 10 | Brinker International | 8.13 Bn | 8.07 Bn | 1.10 Bn |
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 |