Growth Metrics

Chipotle Mexican Grill (CMG) Rent Expense (2010 - 2026)

Chipotle Mexican Grill (CMG) reported Rent Expense of $169.9 million for Q1 2026, up 13.37% year-over-year from $149.8 million in Q1 2025, and up 4.55% on a QoQ basis from $162.5 million in Q4 2025.

Chipotle Mexican Grill (CMG) has 17 years of Rent Expense data on file, last reported at $169.9 million in Q1 2026.

  • Quarterly Rent Expense rose 13.37% year-over-year to $169.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $644.9 million (up 11.67% YoY) and the FY2025 annual result came in at $624.9 million, up 10.92% from the prior year.
  • Rent Expense improved to $169.9 million in Q1 2026 per CMG's latest filing, from $162.5 million in the prior quarter.
  • Across five years, Rent Expense topped out at $169.9 million in Q1 2026 and bottomed at $112.0 million in Q1 2022.
  • The 5-year median for Rent Expense is $135.7 million (2024), against an average of $136.6 million.
  • The widest annual swing landed in 2023, when Rent Expense advanced 8.76%; it then climbed 13.37% in 2026.
  • Tracing CMG's Rent Expense over 5 years: stood at $118.6 million in 2022, then climbed by 10.55% to $131.2 million in 2023, then increased by 11.65% to $146.4 million in 2024, then gained by 10.96% to $162.5 million in 2025, then advanced by 4.55% to $169.9 million in 2026.
  • Per Business Quant, the three latest CMG Rent Expense figures stand at $169.9 million (Q1 2026), $162.5 million (Q4 2025), and $158.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 169.88 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn -
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn -
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn -
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 20.85 Mn
10 Dutch Bros 7.47 Bn 7.43 Bn 107.48 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 169.88 Mn
Mar 31, 2026 169.88 Mn
Dec 31, 2025 162.49 Mn
Dec 31, 2025 162.49 Mn
Sep 30, 2025 158.31 Mn
Sep 30, 2025 158.31 Mn
Jun 30, 2025 154.25 Mn
Jun 30, 2025 154.25 Mn
Mar 31, 2025 149.84 Mn
Mar 31, 2025 149.84 Mn
Dec 31, 2024 146.44 Mn
Dec 31, 2024 146.44 Mn
Sep 30, 2024 142.57 Mn
Sep 30, 2024 142.57 Mn
Jun 30, 2024 138.66 Mn
Jun 30, 2024 138.66 Mn
Mar 31, 2024 135.70 Mn
Mar 31, 2024 135.70 Mn
Dec 31, 2023 131.17 Mn
Dec 31, 2023 131.17 Mn
Sep 30, 2023 126.27 Mn
Sep 30, 2023 126.27 Mn
Jun 30, 2023 123.90 Mn
Jun 30, 2023 123.90 Mn
Mar 31, 2023 121.93 Mn
Mar 31, 2023 121.93 Mn
Dec 31, 2022 118.65 Mn
Dec 31, 2022 118.65 Mn
Sep 30, 2022 115.83 Mn
Sep 30, 2022 115.83 Mn
Jun 30, 2022 113.92 Mn
Jun 30, 2022 113.92 Mn
Mar 31, 2022 112.03 Mn
Mar 31, 2022 112.03 Mn
Dec 31, 2021 107.18 Mn
Dec 31, 2021 107.18 Mn
Sep 30, 2021 104.22 Mn
Sep 30, 2021 104.22 Mn
Jun 30, 2021 103.43 Mn
Jun 30, 2021 103.43 Mn
Mar 31, 2021 101.77 Mn
Mar 31, 2021 101.77 Mn
Dec 31, 2020 99.21 Mn
Dec 31, 2020 99.21 Mn
Sep 30, 2020 97.69 Mn
Sep 30, 2020 97.69 Mn
Jun 30, 2020 95.58 Mn
Jun 30, 2020 95.58 Mn
Mar 31, 2020 95.28 Mn
Mar 31, 2020 95.28 Mn
Dec 31, 2019 92.97 Mn
Dec 31, 2019 92.97 Mn
Sep 30, 2019 91.41 Mn
Sep 30, 2019 91.41 Mn
Jun 30, 2019 89.92 Mn
Jun 30, 2019 89.92 Mn
Mar 31, 2019 88.77 Mn
Mar 31, 2019 88.77 Mn
Dec 31, 2018 88.40 Mn
Dec 31, 2018 88.40 Mn
Sep 30, 2018 86.69 Mn
Sep 30, 2018 86.69 Mn
Jun 30, 2018 86.77 Mn
Jun 30, 2018 86.77 Mn
Mar 31, 2018 85.26 Mn
Mar 31, 2018 85.26 Mn
Dec 31, 2017 84.65 Mn
Dec 31, 2017 84.65 Mn
Sep 30, 2017 83.20 Mn
Sep 30, 2017 83.20 Mn
Jun 30, 2017 80.32 Mn
Jun 30, 2017 80.32 Mn
Mar 31, 2017 78.96 Mn
Mar 31, 2017 78.96 Mn
Dec 31, 2016 76.49 Mn
Dec 31, 2016 76.49 Mn
Sep 30, 2016 74.20 Mn
Sep 30, 2016 74.20 Mn
Jun 30, 2016 72.35 Mn
Jun 30, 2016 72.35 Mn
Mar 31, 2016 70.59 Mn
Mar 31, 2016 70.59 Mn
Dec 31, 2015 68.14 Mn
Dec 31, 2015 68.14 Mn
Sep 30, 2015 66.39 Mn
Sep 30, 2015 66.39 Mn
Jun 30, 2015 64.69 Mn
Jun 30, 2015 64.69 Mn
Mar 31, 2015 63.19 Mn
Mar 31, 2015 63.19 Mn
Dec 31, 2014 60.93 Mn
Dec 31, 2014 60.93 Mn
Sep 30, 2014 58.84 Mn
Sep 30, 2014 58.84 Mn
Jun 30, 2014 56.25 Mn
Jun 30, 2014 56.25 Mn
Mar 31, 2014 54.85 Mn
Mar 31, 2014 54.85 Mn
Dec 31, 2013 52.80 Mn
Dec 31, 2013 52.80 Mn
Sep 30, 2013 50.13 Mn
Sep 30, 2013 50.13 Mn
Jun 30, 2013 48.56 Mn
Jun 30, 2013 48.56 Mn
Mar 31, 2013 47.62 Mn
Mar 31, 2013 47.62 Mn
Dec 31, 2012 45.39 Mn
Dec 31, 2012 45.39 Mn
Sep 30, 2012 43.78 Mn
Sep 30, 2012 43.78 Mn
Jun 30, 2012 41.76 Mn
Jun 30, 2012 41.76 Mn
Mar 31, 2012 40.51 Mn
Mar 31, 2012 40.51 Mn
Dec 31, 2011 38.65 Mn
Dec 31, 2011 38.65 Mn
Sep 30, 2011 37.12 Mn
Sep 30, 2011 37.12 Mn
Jun 30, 2011 36.20 Mn
Jun 30, 2011 36.20 Mn
Mar 31, 2011 35.32 Mn
Mar 31, 2011 35.32 Mn
Dec 31, 2010 33.98 Mn
Dec 31, 2010 33.98 Mn
Sep 30, 2010 32.10 Mn
Sep 30, 2010 32.10 Mn
Jun 30, 2010 31.77 Mn
Jun 30, 2010 31.77 Mn
Mar 31, 2010 31.09 Mn
Mar 31, 2010 31.09 Mn