Chipotle Mexican Grill (CMG) Operating Margin (2016 - 2025)
Chipotle Mexican Grill (CMG) has disclosed Operating Margin for 17 consecutive years, with 14.09% as the latest value for Q4 2025.
- Quarterly Operating Margin fell 52.0% to 14.09% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 16.23% through Dec 2025, down 71.0% year-over-year, with the annual reading at 16.23% for FY2025, 71.0% down from the prior year.
- Operating Margin for Q4 2025 was 14.09% at Chipotle Mexican Grill, down from 15.89% in the prior quarter.
- The five-year high for Operating Margin was 19.71% in Q2 2024, with the low at 8.07% in Q4 2021.
- Average Operating Margin over 5 years is 14.58%, with a median of 15.2% recorded in 2022.
- The sharpest move saw Operating Margin surged 1334bps in 2021, then plummeted -146bps in 2025.
- Over 5 years, Operating Margin stood at 8.07% in 2021, then soared by 68bps to 13.59% in 2022, then grew by 6bps to 14.44% in 2023, then grew by 1bps to 14.61% in 2024, then dropped by -4bps to 14.09% in 2025.
- According to Business Quant data, Operating Margin over the past three periods came in at 14.09%, 15.89%, and 18.25% for Q4 2025, Q3 2025, and Q2 2025 respectively.