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EBITDA Margin for Chipotle Mexican Grill (CMG)

As of · Reported

Metric

TTM

18.8%

YoY change

−0.60pp

Trough year (2016)

5.7%

Peak year (2003)

89.2%

EBITDA Margin history chart for Chipotle Mexican Grill (CMG) from 2001 to 2025

Latest: 19.9%

EBITDA Margin change chart for Chipotle Mexican Grill (CMG) from 2001 to 2025

Latest: −0.60pp

EBITDA Margin history table for Chipotle Mexican Grill (CMG) from 2001 to 2025

  • 202519.9%-0.60pp
  • 202420.5%+0.73pp
  • 202319.8%+2.43pp
  • 202217.3%+2.77pp
  • 202114.6%+4.97pp
  • 20209.6%-2.76pp
  • 201912.4%+1.36pp
  • 201811.0%+0.74pp
  • 201710.3%+4.59pp
  • 20165.7%-14.84pp
  • 201520.5%-0.01pp
  • 201420.5%+0.29pp
  • 201320.3%-0.14pp
  • 201220.4%+1.01pp
  • 201119.4%-0.82pp
  • 201020.2%+2.68pp
  • 200917.5%+3.98pp
  • 200813.5%-1.01pp
  • 200714.5%+2.85pp
  • 200611.7%+2.29pp
  • 20059.4%+3.47pp
  • 20045.9%-83.24pp
  • 200389.2%+1.77pp
  • 200287.4%+3.11pp
  • 200184.3%—

EBITDA Margin values are taken from Chipotle Mexican Grill's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Chipotle Mexican Grill (CMG)

According to Chipotle Mexican Grill's latest reported financial statements, the company's latest reported EBITDA margin is 18.8%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Chipotle Mexican Grill (CMG) reported EBITDA margin of 19.91% – contracted 0.6 percentage points year-over-year.

The record annual EBITDA margin stands at 89.16%, reached in 2003; the historical low of 5.69% was recorded in 2016.

Chipotle Mexican Grill EBITDA Margin by Year

Chipotle Mexican Grill EBITDA Margin 2025: 19.9%

Chipotle Mexican Grill EBITDA margin in 2025 was 19.91%, contracted 0.6 percentage points from 2024.

Chipotle Mexican Grill EBITDA Margin 2024: 20.5%

2024's EBITDA margin for Chipotle Mexican Grill came in at 20.51%, expanded 0.7 percentage points from 2023.

Chipotle Mexican Grill EBITDA Margin 2023: 19.8%

Chipotle Mexican Grill posted EBITDA margin of 19.78% in 2023, expanded 2.4 percentage points from 2022.

Chipotle Mexican Grill EBITDA Margin 2022: 17.3%

In 2022, Chipotle Mexican Grill reported EBITDA margin of 17.35%, expanded 2.8 percentage points from 2021.

Chipotle Mexican Grill EBITDA Margin 2021: 14.6%

Chipotle Mexican Grill EBITDA margin in 2021 was 14.58%.

See more financial history for Chipotle Mexican Grill (CMG).

Sector peers by EBITDA Margin

Consumer Cyclical peers of Chipotle Mexican Grill (CMG), ranked by their latest EBITDA margin

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