Chipotle Mexican Grill (CMG) Return on Capital Employed (2010 - 2026)
Chipotle Mexican Grill (CMG) posted quarterly Return on Capital Employed of 24.21% for Q2 2026, up 19.0% year-over-year from 20.34% in Q2 2025, and little changed on a QoQ basis from 24.19% in Q1 2026.
Chipotle Mexican Grill (CMG) Return on Capital Employed (2010 - 2026) Analysis & Trends
Chipotle Mexican Grill has reported Return on Capital Employed for 17 years, with the latest figure at 24.21% in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 24.21%, up 19.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 24.21% (up 19.0% YoY), and the FY2025 annual result was 24.47%, down 123.0% from the prior year.
- Return on Capital Employed was little changed at 24.21% in Q2 2026, from 24.19% 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 21.99% and a median of 23.04% in 2023 frame the typical range for Return on Capital Employed.
- The widest annual swing landed in 2023, when Return on Capital Employed surged 738 bps; it then decreased 14 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 19.5% in 2022, then climbed by 15 bps to 22.42% in 2023, then gained by 8 bps to 24.14% in 2024, then advanced by 1 bps to 24.35% in 2025, then slipped by 1 bps to 24.21% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 24.21% in Q2 2026, 24.19% in Q1 2026, and 24.35% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 22.88% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 15.26% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 24.21% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 65.06% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 11.51% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 16.04% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 11.51% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 16.42% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 17.04% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 80.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.21% |
| 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% |