Chipotle Mexican Grill (CMG) Operating Margin (2009 - 2025)

Chipotle Mexican Grill (CMG) has 17 years of Operating Margin data on file, last reported at 16.23% in FY2025.

• Operating Margin for Q1 2026 came in at 12.86%, down 381.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.27% (down 174.0% YoY), and the FY2025 annual result was 16.23%, down 71.0% from the prior year.
• Operating Margin slipped to 16.23% in FY2025 per CMG's latest filing, from 16.94% in the prior year.
• Over five years, Operating Margin peaked at 16.94% in FY2024 and troughed at 10.67% in FY2021.
• A 5-year average of 14.61% and a median of 15.78% in 2023 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2021 and 2025: Operating Margin jumped 582 bps in 2021, then sank 71 bps in 2025.
• A 5-year view of Operating Margin shows it stood at 10.67% in 2021, then advanced by 26 bps to 13.44% in 2022, then climbed by 17 bps to 15.78% in 2023, then gained by 7 bps to 16.94% in 2024, then slipped by 4 bps to 16.23% in 2025.
• Business Quant data shows CMG's Operating Margin at 16.23% in FY2025, 16.94% in FY2024, and 15.78% in FY2023.