Chipotle Mexican Grill, Inc.
CMG Consumer Cyclical Restaurants
Chipotle Mexican Grill, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.9 billion, up 5.41% from fiscal 2024.
- Revenue
- +9.65%
- EPS
- −7.38%
- Free cash flow
- −14.5%
Quarter to September 2026, against a year earlier
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Chipotle Mexican Grill, Inc. (CMG) Operating margin
Chipotle Mexican Grill, Inc.'s operating margin over the twelve months to 30 September 2026 was 14.1%, down 2.1 percentage points from fiscal 2025 (16.2%). Over the past ten years it has ranged from 0.89% (fiscal 2016) to 17.0% (fiscal 2015); the current reading is higher than 82% of that period. That is above the Restaurants industry median of 4.59% and above the Consumer Cyclical sector median of 3.88%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 16.2% | (0.71) |
| FY2024 | 16.9% | 1.16 |
| FY2023 | 15.8% | 2.34 |
| FY2022 | 13.4% | 2.77 |
| FY2021 | 10.7% | 5.82 |
| FY2020 | 4.85% | (3.10) |
| FY2019 | 7.95% | 2.64 |
| FY2018 | 5.31% | (0.74) |
| FY2017 | 6.05% | 5.16 |
| FY2016 | 0.89% | (16.07) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 13.7% | (1.98) |
| Jun 2026 | 15.7% | 2.84 |
| Mar 2026 | 12.9% | (1.23) |
| Dec 2025 | 14.1% | (1.80) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| YUM Yum! Brands, Inc. compare | 49.5% |
| MCD McDonald's Corporation compare | 46.9% |
| QSR Restaurant Brands International Inc. compare | 27.1% |
| DPZ Domino's Pizza Inc compare | 19.7% |
| CMG Chipotle Mexican Grill, Inc. | 14.1% |
| DRI Darden Restaurants, Inc. compare | 11.7% |
| YUMC Yum China compare | 11.3% |
| SBUX Starbucks Corporation compare | 9.74% |
| TXRH Texas Roadhouse, Inc. compare | 7.75% |
| Restaurants industry median | 4.59% |
| Consumer Cyclical sector median | 3.88% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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