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Chipotle Mexican Grill (CMG) Rent Expense (2016 - 2025)

Chipotle Mexican Grill (CMG) has disclosed Rent Expense for 16 consecutive years, with $162.5 million as the latest value for Q4 2025.

  • On a quarterly basis, Rent Expense rose 10.96% to $162.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was $624.9 million, a 10.92% increase, with the full-year FY2025 number at $624.9 million, up 10.92% from a year prior.
  • Rent Expense was $162.5 million for Q4 2025 at Chipotle Mexican Grill, up from $158.3 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $162.5 million in Q4 2025 to a low of $101.8 million in Q1 2021.
  • A 5-year average of $128.4 million and a median of $125.1 million in 2023 define the central range for Rent Expense.
  • Peak YoY movement for Rent Expense: increased 6.68% in 2021, then increased 12.91% in 2024.
  • Chipotle Mexican Grill's Rent Expense stood at $107.2 million in 2021, then rose by 10.7% to $118.6 million in 2022, then rose by 10.55% to $131.2 million in 2023, then increased by 11.65% to $146.4 million in 2024, then grew by 10.96% to $162.5 million in 2025.
  • Per Business Quant, the three most recent readings for CMG's Rent Expense are $162.5 million (Q4 2025), $158.3 million (Q3 2025), and $154.2 million (Q2 2025).