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

Chipotle Mexican Grill (CMG) reported Return on Capital Employed of 24.19% for Q1 2026, down 14.0% year-over-year from 28.13% in Q1 2025, and down 0.64% quarter-over-quarter 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.

  • Return on Capital Employed for Q1 2026 came in at 24.19%, down 14.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.19% (down 14.0% YoY), and the FY2025 annual result was 24.47%, down 123.0% from the prior year.
  • Return on Capital Employed declined to 24.19% in Q1 2026 per CMG's latest filing, from 24.35% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 24.35% in Q4 2025 and troughed at 14.56% in Q1 2022.
  • A 5-year average of 21.86% and a median of 22.66% in 2023 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2023 and 2026: Return on Capital Employed jumped 738 bps in 2023, then dropped 14 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 19.5% in 2022, then advanced by 15 bps to 22.42% in 2023, then rose by 8 bps to 24.14% in 2024, then gained by 1 bps to 24.35% in 2025, then slipped by 1 bps to 24.19% in 2026.
  • Business Quant data shows CMG's Return on Capital Employed at 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 114.58 Bn 112.88 Bn 9.40 Bn 14.71%
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn 24.19%
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn 52.50%
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 10.29%
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 14.06%
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 3.91%
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 17.54%
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn 81.97%
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn 4.69%
10 Dutch Bros 8.99 Bn 8.95 Bn 107.48 Mn 5.87%

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%