Chipotle Mexican Grill (CMG) Return on Capital Employed (2010 - 2026)

Chipotle Mexican Grill's (CMG) quarterly Return on Capital Employed came in at 24.19% in Q1 2026, down 14.0% year-on-year from 28.13% in Q1 2025, and down 0.64% on a QoQ basis from 24.35% in Q4 2025.

Chipotle Mexican Grill (CMG) Return on Capital Employed (2010 - 2026) Analysis & Trends

Chipotle Mexican Grill (CMG) has 17 years of Return on Capital Employed data on file, last reported at 24.19% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 14.0% year-over-year to 24.19% in Q1 2026; TTM through Mar 2026 was 24.19%, a 14.0% decrease from a year earlier, with the FY2025 full-year figure at 24.47%, down 123.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 24.19%, down from 24.35% in the prior quarter.
  • Over the last five years, Return on Capital Employed for CMG reached as high as 24.35% in Q4 2025 and fell as low as 14.56% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 21.86% across 5 years, with a median of 22.66% in 2023.
  • Across the five-year window, Return on Capital Employed surged 738 bps in 2023 and decreased 14 bps in 2026, its largest moves.
  • Year by year, Return on Capital Employed stood at 19.5% in 2022, then increased by 15 bps to 22.42% in 2023, then climbed by 8 bps to 24.14% in 2024, then grew by 1 bps to 24.35% in 2025, then fell by 1 bps to 24.19% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 24.19% in Q1 2026, 24.35% in Q4 2025, and 23.77% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Starbucks 117.61 Bn 115.91 Bn 6.32 Bn 14.71%
2 Chipotle Mexican Grill 41.20 Bn 40.33 Bn 2.61 Bn 24.19%
3 Yum Brands 40.68 Bn 39.99 Bn 1.38 Bn 52.50%
4 Restaurant Brands International 25.13 Bn 25.66 Bn 2.14 Bn 10.29%
5 Darden Restaurants 22.23 Bn 21.99 Bn 3.68 Bn 16.04%
6 Yum China Holdings 15.22 Bn 14.47 Bn 2.31 Bn 15.73%
7 Texas Roadhouse 12.56 Bn 12.37 Bn 1.40 Bn 17.54%
8 Dominos Pizza 10.74 Bn 10.60 Bn 478.23 Mn 80.74%
9 Dutch Bros 8.14 Bn 8.10 Bn 107.48 Mn 5.87%
10 Brinker International 7.99 Bn 7.93 Bn 1.10 Bn 28.64%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.19%
Dec 31, 2025 24.35%
Sep 30, 2025 23.77%
Jun 30, 2025 24.02%
Mar 31, 2025 24.33%
Dec 31, 2024 24.14%
Sep 30, 2024 23.51%
Jun 30, 2024 23.43%
Mar 31, 2024 22.56%
Dec 31, 2023 22.42%
Sep 30, 2023 22.44%
Jun 30, 2023 22.66%
Mar 31, 2023 21.94%
Dec 31, 2022 19.50%
Sep 30, 2022 17.44%
Jun 30, 2022 16.31%
Mar 31, 2022 14.56%
Dec 31, 2021 13.96%
Sep 30, 2021 13.58%
Jun 30, 2021 11.69%