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| Date | Value |
|---|---|
| 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% |