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Chipotle Mexican Grill Inc

CMGNYSERetail-Eating PlacesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026Score 17/3027% below fair value
$32.91+1.02 (+3.20%)

Close on Nov 2, 2026Market cap $41.64BP/E 30.2Yield –

Chipotle Mexican Grill Labor Costs by Quarter

Labor Costs ($M) ($M)

QuarterlyAnnual

Chipotle Mexican Grill Labor Costs: $848M in Q3 2026, up 12.0% from a year earlier. That is the highest of the 40 quarters on record here.

Latest, Q3 2026
848
Period ended Sep 30, 2026
Change on a year earlier
+12.0%
757 in Q3 2025
History
40 quarters
Since Q4 2016
Sources
36
Documents cited below

Where the Q3 2026 figure comes from

Source: Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-10-28 ↗

Reported in Form 8-K Ex. 99.1 / Form 10-Q / Form 10-K (Q4 split via FY − 9M).

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedLabor Costs ($M) ($M)Year on yearSource
Q3 2026Sep 30, 2026848+12.0%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-10-28 ↗
Q2 2026Jun 30, 2026836+10.6%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-07-29 ↗
Q1 2026Mar 31, 2026805+12.1%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-04-29 ↗
Q4 2025Dec 31, 2025761+6.1%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-02-03 ↗
Q3 2025Sep 30, 2025757+8.6%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-10-29 ↗
Q2 2025Jun 30, 2025756+5.5%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-07-23 ↗
Q1 2025Mar 31, 2025718+8.9%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-04-23 ↗
Q4 2024Dec 31, 2024717+13.9%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-02-04 ↗
Q3 2024Sep 30, 2024697+13.1%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-10-29 ↗
Q2 2024Jun 30, 2024717+17.2%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-07-24 ↗
Q1 2024Mar 31, 2024659+13.0%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-04-24 ↗
Q4 2023Dec 31, 2023629+12.6%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-02-06 ↗
Q3 2023Sep 30, 2023616+10.6%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-10-26 ↗
Q2 2023Jun 30, 2023612+11.2%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-07-26 ↗
Q1 2023Mar 31, 2023584+9.7%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-04-25 ↗
Q4 2022Dec 31, 2022559+8.1%Chipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-02-07 ↗

Breakdown

What makes up labor Costs

Cite this data

StockData. (2026). Chipotle Mexican Grill Labor Costs ($M), quarterly Q4 2016–Q3 2026 [Data set]. Compiled from Chipotle Mexican Grill SEC filings and investor materials. https://stockdatahq.com/stocks/cmg/kpis/econ-labor-cost

See every metric in the Chipotle Mexican Grill KPI table. Data updated Nov 2, 2026.