Chipotle Mexican Grill (CMG) Tax Rate (2010 - 2026)

Chipotle Mexican Grill has reported Tax Rate for 17 years, with the latest figure at 24.33% in Q2 2026.

• Tax Rate for Q2 2026 came in at 24.33%, down 14.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 24.08% (up 39.0% YoY), and the FY2025 annual result was 23.58%, down 11.0% from the prior year.
• Tax Rate fell to 24.33% in Q2 2026, from 25.38% in the prior quarter.
• Over five years, Tax Rate peaked at 26.26% in Q4 2022 and troughed at 16.69% in Q1 2022.
• A 5-year average of 23.76% and a median of 24.27% in 2023 frame the typical range for Tax Rate.
• The largest YoY upside for Tax Rate was 970 bps in 2022 against a maximum downside of 351 bps in 2022.
• A 5-year view of Tax Rate shows it stood at 26.26% in 2022, then dropped by 0 bps to 26.22% in 2023, then fell by 7 bps to 24.44% in 2024, then decreased by 3 bps to 23.69% in 2025, then increased by 3 bps to 24.33% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 24.33% in Q2 2026, 25.38% in Q1 2026, and 23.69% in Q4 2025.