Growth Metrics

Chipotle Mexican Grill (CMG) Tax Rate (2016 - 2025)

Chipotle Mexican Grill (CMG) has disclosed Tax Rate for 16 consecutive years, with 23.69% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate fell 76.0% to 23.69% in Q4 2025 year-over-year; TTM through Dec 2025 was 23.58%, a 11.0% decrease, with the full-year FY2025 number at 23.58%, down 11.0% from a year prior.
  • Tax Rate was 23.69% for Q4 2025 at Chipotle Mexican Grill, up from 23.11% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.72% in Q4 2021 to a low of 14.66% in Q3 2021.
  • A 5-year average of 23.21% and a median of 23.73% in 2021 define the central range for Tax Rate.
  • Biggest YoY gain for Tax Rate was 8991bps in 2021; the steepest drop was -26571bps in 2021.
  • Chipotle Mexican Grill's Tax Rate stood at 27.72% in 2021, then decreased by -5bps to 26.26% in 2022, then dropped by 0bps to 26.22% in 2023, then fell by -7bps to 24.44% in 2024, then decreased by -3bps to 23.69% in 2025.
  • Per Business Quant, the three most recent readings for CMG's Tax Rate are 23.69% (Q4 2025), 23.11% (Q3 2025), and 24.47% (Q2 2025).