Chipotle Mexican Grill, Inc. CMG

31.33 (0.68) (2.12%) as of 25 Sep
Market cap
$40.8B
P/E
28.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Chipotle Mexican Grill, Inc. (CMG) Operating margin

Chipotle Mexican Grill, Inc.'s operating margin over the twelve months to 30 June 2026 was 14.7%, down 1.6 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 4.30% and above the Consumer Cyclical sector median of 3.34%.

Operating margin, annual

Annual

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

Period Operating margin Change (points)
Jun 2026 15.7% 2.84
Mar 2026 12.9% (1.23)
Dec 2025 14.1% (1.80)
Sep 2025 15.9% (2.36)
42 more quarters

Against its own ten years

Low 0.89% High 17.0%
Ten-year median 10.7%
Current reading's percentile 82

Operating margin against peers

Company Operating margin
MCD McDonald's Corporation compare 46.2%
YUM Yum! Brands, Inc. compare 31.0%
QSR Restaurant Brands International Inc. compare 26.9%
DPZ Domino's Pizza Inc compare 19.5%
CMG Chipotle Mexican Grill, Inc. 14.7%
DRI Darden Restaurants, Inc. compare 12.0%
YUMC Yum China compare 11.1%
SBUX Starbucks Corporation compare 7.77%
TXRH Texas Roadhouse, Inc. compare 7.75%
Restaurants industry median 4.30%
Consumer Cyclical sector median 3.34%
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

The full definition of Operating margin →

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