Chipotle Mexican Grill (CMG) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.1% | -4.2% | -14.1% | +6.3% | -6.3% | +1.2% | — | — | — | — | — | — |
| 2025 | -3.2% | -7.5% | -7.0% | +0.6% | -0.9% | +12.1% | -23.6% | -1.7% | -7.0% | -19.1% | +8.9% | +7.2% |
| 2024 | +5.3% | +11.6% | +8.1% | +8.7% | -0.9% | +0.1% | -13.3% | +3.2% | +2.7% | -3.2% | +10.3% | -2.0% |
| 2023 | +18.7% | -9.4% | +14.6% | +21.0% | +0.4% | +3.0% | -8.3% | -1.8% | -4.9% | +6.0% | +13.4% | +3.9% |
| 2022 | -15.0% | +2.6% | +3.8% | -8.0% | -3.6% | -6.8% | +19.6% | +2.1% | -5.9% | -0.3% | +8.6% | -14.7% |
| 2021 | +6.7% | -2.6% | -1.5% | +5.0% | -8.0% | +13.0% | +20.2% | +2.1% | -4.5% | -2.1% | -7.6% | +6.4% |
| 2020 | +3.6% | -10.8% | -15.4% | +34.2% | +14.3% | +4.8% | +9.7% | +13.5% | -5.1% | -3.4% | +7.3% | +7.5% |
| 2019 | +22.6% | +14.7% | +17.0% | -3.2% | -4.1% | +11.1% | +8.5% | +5.4% | +0.2% | -7.4% | +4.6% | +2.8% |
| 2018 | +12.5% | -2.0% | +1.4% | +31.1% | +1.5% | +0.3% | +0.5% | +9.6% | -4.3% | +1.3% | +2.7% | -8.7% |
| 2017 | +11.7% | -0.7% | +6.5% | +6.5% | +0.6% | -12.9% | -17.3% | -8.0% | -2.7% | -11.7% | +11.9% | -5.1% |
| 2016 | -5.6% | +12.4% | -7.5% | -10.6% | +5.0% | -8.8% | +5.2% | -2.5% | +2.4% | -14.8% | +9.8% | -4.8% |
| 2015 | +3.7% | -6.3% | -2.2% | -4.5% | -1.0% | -1.7% | +22.6% | -4.3% | +1.4% | -11.1% | -9.5% | -17.2% |
| 2014 | +3.6% | +2.4% | +0.5% | -12.2% | +9.7% | +8.3% | +13.5% | +0.9% | -1.8% | -4.3% | +4.0% | +3.2% |
| 2013 | +3.2% | +3.3% | +2.8% | +11.3% | -0.6% | +1.0% | +13.2% | -1.1% | +5.1% | +22.8% | -0.6% | +1.7% |
| 2012 | +8.9% | +6.1% | +7.2% | -1.0% | -0.2% | -8.0% | -23.0% | -1.4% | +10.1% | -19.8% | +3.7% | +12.7% |
| 2011 | +3.1% | +11.9% | +11.2% | -2.0% | +8.2% | +6.6% | +5.4% | -3.4% | -3.3% | +10.9% | -4.3% | +5.0% |
| 2010 | +9.7% | +8.3% | +7.7% | +20.0% | +5.6% | -3.9% | +8.0% | +2.0% | +13.9% | +22.1% | +23.1% | -17.8% |
| 2009 | -23.0% | +14.1% | +22.0% | +21.8% | -2.5% | +1.3% | +17.5% | -10.6% | +15.5% | -16.0% | +2.5% | +5.4% |
| 2008 | -18.0% | -17.4% | +14.1% | -13.7% | -5.6% | -10.8% | -17.0% | +1.5% | -20.1% | -9.0% | -1.8% | +25.1% |
| 2007 | +4.4% | +0.8% | +3.3% | +4.8% | +33.1% | -1.2% | +3.5% | +17.5% | +13.5% | +17.8% | -4.3% | +10.5% |
| 2006 | — | -4.0% | +21.7% | -6.3% | +11.5% | +5.2% | -13.9% | -6.0% | +0.7% | +20.8% | -3.3% | -1.7% |
| Avg | +2.9% | +1.1% | +4.5% | +5.2% | +2.7% | +0.6% | +1.6% | +0.8% | +0.3% | -1.0% | +4.0% | +1.0% |
| Median | +4.1% | +0.8% | +3.8% | +4.8% | -0.2% | +0.7% | +5.3% | -0.1% | -0.8% | -3.3% | +3.9% | +3.0% |
| Last 5Y Avg | +2.2% | -1.4% | +1.1% | +5.7% | -2.3% | +4.3% | -1.1% | +0.8% | -3.9% | -3.8% | +6.7% | +0.1% |
| Std Dev (σ) | 11.4% | 8.9% | 10.4% | 13.8% | 9.2% | 7.6% | 15.1% | 6.8% | 8.4% | 13.7% | 8.0% | 10.5% |
| Consistency (μ/σ) | 0.25 | 0.12 | 0.43 | 0.38 | 0.29 | 0.08 | 0.10 | 0.12 | 0.03 | -0.07 | 0.50 | 0.09 |
| Win Rate (%) | 75% | 52% | 71% | 57% | 48% | 60% | 65% | 50% | 50% | 35% | 65% | 60% |
| Winning / Losing Months | ▲15▼5 | ▲11▼10 | ▲15▼6 | ▲12▼9 | ▲10▼11 | ▲12▼8 | ▲13▼7 | ▲10▼10 | ▲10▼10 | ▲7▼13 | ▲13▼7 | ▲12▼8 |
| Longest Win / Loss Streak | ▲6▼2 | ▲6▼2 | ▲9▼2 | ▲4▼3 | ▲3▼3 | ▲4▼3 | ▲5▼3 | ▲5▼3 | ▲2▼4 | ▲2▼4 | ▲5▼3 | ▲4▼4 |
| Best | +22.6%in January 2019 | +14.7%in February 2019 | +22.0%in March 2009 | +34.2%in April 2020 | +33.1%in May 2007 | +13.0%in June 2021 | +22.6%in July 2015 | +17.5%in August 2007 | +15.5%in September 2009 | +22.8%in October 2013 | +23.1%in November 2010 | +25.1%in December 2008 |
| Worst | -23.0%in January 2009 | -17.4%in February 2008 | -15.4%in March 2020 | -13.7%in April 2008 | -8.0%in May 2021 | -12.9%in June 2017 | -23.6%in July 2025 | -10.6%in August 2009 | -20.1%in September 2008 | -19.8%in October 2012 | -9.5%in November 2015 | -17.8%in December 2010 |
−23.6%+34.2%
2026
Jan+5.1%
Feb-4.2%
Mar-14.1%
Apr+6.3%
May-6.3%
Jun+1.2%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-3.2%
Feb-7.5%
Mar-7.0%
Apr+0.6%
May-0.9%
Jun+12.1%
Jul-23.6%
Aug-1.7%
Sep-7.0%
Oct-19.1%
Nov+8.9%
Dec+7.2%
2024
Jan+5.3%
Feb+11.6%
Mar+8.1%
Apr+8.7%
May-0.9%
Jun+0.1%
Jul-13.3%
Aug+3.2%
Sep+2.7%
Oct-3.2%
Nov+10.3%
Dec-2.0%
2023
Jan+18.7%
Feb-9.4%
Mar+14.6%
Apr+21.0%
May+0.4%
Jun+3.0%
Jul-8.3%
Aug-1.8%
Sep-4.9%
Oct+6.0%
Nov+13.4%
Dec+3.9%
2022
Jan-15.0%
Feb+2.6%
Mar+3.8%
Apr-8.0%
May-3.6%
Jun-6.8%
Jul+19.6%
Aug+2.1%
Sep-5.9%
Oct-0.3%
Nov+8.6%
Dec-14.7%
2021
Jan+6.7%
Feb-2.6%
Mar-1.5%
Apr+5.0%
May-8.0%
Jun+13.0%
Jul+20.2%
Aug+2.1%
Sep-4.5%
Oct-2.1%
Nov-7.6%
Dec+6.4%
2020
Jan+3.6%
Feb-10.8%
Mar-15.4%
Apr+34.2%
May+14.3%
Jun+4.8%
Jul+9.7%
Aug+13.5%
Sep-5.1%
Oct-3.4%
Nov+7.3%
Dec+7.5%
2019
Jan+22.6%
Feb+14.7%
Mar+17.0%
Apr-3.2%
May-4.1%
Jun+11.1%
Jul+8.5%
Aug+5.4%
Sep+0.2%
Oct-7.4%
Nov+4.6%
Dec+2.8%
2018
Jan+12.5%
Feb-2.0%
Mar+1.4%
Apr+31.1%
May+1.5%
Jun+0.3%
Jul+0.5%
Aug+9.6%
Sep-4.3%
Oct+1.3%
Nov+2.7%
Dec-8.7%
2017
Jan+11.7%
Feb-0.7%
Mar+6.5%
Apr+6.5%
May+0.6%
Jun-12.9%
Jul-17.3%
Aug-8.0%
Sep-2.7%
Oct-11.7%
Nov+11.9%
Dec-5.1%
2016
Jan-5.6%
Feb+12.4%
Mar-7.5%
Apr-10.6%
May+5.0%
Jun-8.8%
Jul+5.2%
Aug-2.5%
Sep+2.4%
Oct-14.8%
Nov+9.8%
Dec-4.8%
2015
Jan+3.7%
Feb-6.3%
Mar-2.2%
Apr-4.5%
May-1.0%
Jun-1.7%
Jul+22.6%
Aug-4.3%
Sep+1.4%
Oct-11.1%
Nov-9.5%
Dec-17.2%
2014
Jan+3.6%
Feb+2.4%
Mar+0.5%
Apr-12.2%
May+9.7%
Jun+8.3%
Jul+13.5%
Aug+0.9%
Sep-1.8%
Oct-4.3%
Nov+4.0%
Dec+3.2%
2013
Jan+3.2%
Feb+3.3%
Mar+2.8%
Apr+11.3%
May-0.6%
Jun+1.0%
Jul+13.2%
Aug-1.1%
Sep+5.1%
Oct+22.8%
Nov-0.6%
Dec+1.7%
2012
Jan+8.9%
Feb+6.1%
Mar+7.2%
Apr-1.0%
May-0.2%
Jun-8.0%
Jul-23.0%
Aug-1.4%
Sep+10.1%
Oct-19.8%
Nov+3.7%
Dec+12.7%
2011
Jan+3.1%
Feb+11.9%
Mar+11.2%
Apr-2.0%
May+8.2%
Jun+6.6%
Jul+5.4%
Aug-3.4%
Sep-3.3%
Oct+10.9%
Nov-4.3%
Dec+5.0%
2010
Jan+9.7%
Feb+8.3%
Mar+7.7%
Apr+20.0%
May+5.6%
Jun-3.9%
Jul+8.0%
Aug+2.0%
Sep+13.9%
Oct+22.1%
Nov+23.1%
Dec-17.8%
2009
Jan-23.0%
Feb+14.1%
Mar+22.0%
Apr+21.8%
May-2.5%
Jun+1.3%
Jul+17.5%
Aug-10.6%
Sep+15.5%
Oct-16.0%
Nov+2.5%
Dec+5.4%
2008
Jan-18.0%
Feb-17.4%
Mar+14.1%
Apr-13.7%
May-5.6%
Jun-10.8%
Jul-17.0%
Aug+1.5%
Sep-20.1%
Oct-9.0%
Nov-1.8%
Dec+25.1%
2007
Jan+4.4%
Feb+0.8%
Mar+3.3%
Apr+4.8%
May+33.1%
Jun-1.2%
Jul+3.5%
Aug+17.5%
Sep+13.5%
Oct+17.8%
Nov-4.3%
Dec+10.5%
2006
Jan—
Feb-4.0%
Mar+21.7%
Apr-6.3%
May+11.5%
Jun+5.2%
Jul-13.9%
Aug-6.0%
Sep+0.7%
Oct+20.8%
Nov-3.3%
Dec-1.7%
Avg
Jan+2.9%
Feb+1.1%
Mar+4.5%
Apr+5.2%
May+2.7%
Jun+0.6%
Jul+1.6%
Aug+0.8%
Sep+0.3%
Oct-1.0%
Nov+4.0%
Dec+1.0%
Median
Jan+4.1%
Feb+0.8%
Mar+3.8%
Apr+4.8%
May-0.2%
Jun+0.7%
Jul+5.3%
Aug-0.1%
Sep-0.8%
Oct-3.3%
Nov+3.9%
Dec+3.0%
Last 5Y Avg
Jan+2.2%
Feb-1.4%
Mar+1.1%
Apr+5.7%
May-2.3%
Jun+4.3%
Jul-1.1%
Aug+0.8%
Sep-3.9%
Oct-3.8%
Nov+6.7%
Dec+0.1%
Std Dev (σ)
Jan11.4%
Feb8.9%
Mar10.4%
Apr13.8%
May9.2%
Jun7.6%
Jul15.1%
Aug6.8%
Sep8.4%
Oct13.7%
Nov8.0%
Dec10.5%
Consistency (μ/σ)
Jan0.25
Feb0.12
Mar0.43
Apr0.38
May0.29
Jun0.08
Jul0.10
Aug0.12
Sep0.03
Oct-0.07
Nov0.50
Dec0.09
Win Rate (%)
Jan75%
Feb52%
Mar71%
Apr57%
May48%
Jun60%
Jul65%
Aug50%
Sep50%
Oct35%
Nov65%
Dec60%
Winning / Losing Months
Jan▲15▼5
Feb▲11▼10
Mar▲15▼6
Apr▲12▼9
May▲10▼11
Jun▲12▼8
Jul▲13▼7
Aug▲10▼10
Sep▲10▼10
Oct▲7▼13
Nov▲13▼7
Dec▲12▼8
Longest Win / Loss Streak
Jan▲6▼2
Feb▲6▼2
Mar▲9▼2
Apr▲4▼3
May▲3▼3
Jun▲4▼3
Jul▲5▼3
Aug▲5▼3
Sep▲2▼4
Oct▲2▼4
Nov▲5▼3
Dec▲4▼4
Best
Jan+22.6%2019
Feb+14.7%2019
Mar+22.0%2009
Apr+34.2%2020
May+33.1%2007
Jun+13.0%2021
Jul+22.6%2015
Aug+17.5%2007
Sep+15.5%2009
Oct+22.8%2013
Nov+23.1%2010
Dec+25.1%2008
Worst
Jan-23.0%2009
Feb-17.4%2008
Mar-15.4%2020
Apr-13.7%2008
May-8.0%2021
Jun-12.9%2017
Jul-23.6%2025
Aug-10.6%2009
Sep-20.1%2008
Oct-19.8%2012
Nov-9.5%2015
Dec-17.8%2010
−23.6%+34.2%
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