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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.

  • Quarterly Rent Expense rose 10.96% to $162.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $624.9 million through Dec 2025, up 10.92% year-over-year, with the annual reading at $624.9 million for FY2025, 10.92% up from the prior year.
  • Rent Expense for Q4 2025 was $162.5 million at Chipotle Mexican Grill, up from $158.3 million in the prior quarter.
  • The five-year high for Rent Expense was $162.5 million in Q4 2025, with the low at $101.8 million in Q1 2021.
  • Average Rent Expense over 5 years is $128.4 million, with a median of $125.1 million recorded in 2023.
  • The sharpest move saw Rent Expense rose 6.68% in 2021, then rose 12.91% in 2024.
  • Over 5 years, Rent Expense stood at $107.2 million in 2021, then grew by 10.7% to $118.6 million in 2022, then grew by 10.55% to $131.2 million in 2023, then rose by 11.65% to $146.4 million in 2024, then increased by 10.96% to $162.5 million in 2025.
  • According to Business Quant data, Rent Expense over the past three periods came in at $162.5 million, $158.3 million, and $154.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.