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.

  • Quarterly Tax Rate fell 76.0% to 23.69% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 23.58% through Dec 2025, down 11.0% year-over-year, with the annual reading at 23.58% for FY2025, 11.0% down from the prior year.
  • Tax Rate for Q4 2025 was 23.69% at Chipotle Mexican Grill, up from 23.11% in the prior quarter.
  • The five-year high for Tax Rate was 27.72% in Q4 2021, with the low at 14.66% in Q3 2021.
  • Average Tax Rate over 5 years is 23.21%, with a median of 23.73% recorded in 2021.
  • Peak annual rise in Tax Rate hit 8991bps in 2021, while the deepest fall reached -26571bps in 2021.
  • Over 5 years, Tax Rate stood at 27.72% in 2021, then fell by -5bps to 26.26% in 2022, then decreased by 0bps to 26.22% in 2023, then dropped by -7bps to 24.44% in 2024, then fell by -3bps to 23.69% in 2025.
  • According to Business Quant data, Tax Rate over the past three periods came in at 23.69%, 23.11%, and 24.47% for Q4 2025, Q3 2025, and Q2 2025 respectively.