Chipotle Mexican Grill (CMG) Return on Capital Employed [ROCE] (2010 - 2026)
Chipotle Mexican Grill (CMG) posted Return on Capital Employed [ROCE] of 24.21% for Q2 2026, up 0.19 percentage points from 24.02% a year earlier and up 0.01 percentage points from the prior quarter.
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Analysis
Chipotle Mexican Grill (CMG) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Chipotle Mexican Grill's Return on Capital Employed [ROCE] came in at 24.47%, down 1.23 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +18.32 percentage points (FY2020 to FY2025).
- In prior years, Chipotle Mexican Grill's Return on Capital Employed [ROCE] was 25.70% in FY2024 (+1.57 pp), 24.13% in FY2023 (+4.36 pp), 19.77% in FY2022 (+4.99 pp) and 14.79% in FY2021 (+8.64 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of 13.58% in Q3 2021 to a high of 24.35% in Q4 2025 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in seven of the last eight quarters, with an average year-over-year change of +0.71 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2021, with a gain of 8.14 percentage points; the weakest was Q1 2026, with a drop of 0.14 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 24.19% (Q1 2026), 24.35% (Q4 2025) and 23.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 195.98 Bn | 190.80 Bn | 6.42 Bn | 22.88% |
| 2 | Starbucks | 120.13 Bn | 107.76 Bn | - | 15.26% |
| 3 | Yum Brands | 44.36 Bn | 41.25 Bn | 1.47 Bn | 65.06% |
| 4 | Chipotle Mexican Grill | 43.92 Bn | 40.41 Bn | - | 23.30% |
| 5 | Restaurant Brands International | 27.10 Bn | 22.88 Bn | 1.40 Bn | 11.61% |
| 6 | Darden Restaurants | 25.62 Bn | 24.72 Bn | 1.68 Bn | 15.87% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 11.61% |
| 8 | Yum China Holdings | 17.38 Bn | 11.04 Bn | 537.00 Mn | 16.42% |
| 9 | Texas Roadhouse | 12.08 Bn | 11.42 Bn | - | 17.04% |
| 10 | Dominos Pizza | 11.07 Bn | 10.31 Bn | 476.38 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.30% |
| 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% |
API Access
Chipotle Mexican Grill Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "CMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();