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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 Restaurant-Level Operating Margin by Quarter

Restaurant-Level Operating Margin (Non-GAAP, % of Revenue) (%)

QuarterlyAnnual

Chipotle Mexican Grill Restaurant-Level Operating Margin: 23.3% in Q3 2026, down 1.2 pts from a year earlier.

Latest, Q3 2026
23.3%
Period ended Sep 30, 2026
Change on a year earlier
-1.2 pts
24.5% in Q3 2025
History
26 quarters
Since Q2 2020
Sources
22
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 / IR Non-GAAP Reconciliations (FY2020Q2–FY2026Q3).

Quarterly history

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

PeriodEndedRestaurant-Level Operating Margin (Non-GAAP, % of Revenue) (%)Year on yearSource
Q3 2026Sep 30, 202623.3%-1.2 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-10-28 ↗
Q2 2026Jun 30, 202625.2%-2.2 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-07-29 ↗
Q1 2026Mar 31, 202623.3%-2.9 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-04-29 ↗
Q4 2025Dec 31, 202525.4%-1.3 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2026-02-03 ↗
Q3 2025Sep 30, 202524.5%-1.0 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-10-29 ↗
Q2 2025Jun 30, 202527.4%-1.5 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-07-23 ↗
Q1 2025Mar 31, 202526.2%-1.3 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-04-23 ↗
Q4 2024Dec 31, 202426.7%+0.5 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2025-02-04 ↗
Q3 2024Sep 30, 202425.5%-0.8 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-10-29 ↗
Q2 2024Jun 30, 202428.9%+1.4 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-07-24 ↗
Q1 2024Mar 31, 202427.5%+1.9 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-04-24 ↗
Q4 2023Dec 31, 202326.2%+2.3 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2024-02-06 ↗
Q3 2023Sep 30, 202326.3%+1.0 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-10-26 ↗
Q2 2023Jun 30, 202327.5%+2.3 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-07-26 ↗
Q1 2023Mar 31, 202325.6%+4.9 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-04-25 ↗
Q4 2022Dec 31, 202223.9%+1.3 ptsChipotle Mexican Grill Form 8-K (Exhibit 99.1 Earnings Release), filed 2023-02-07 ↗

Cite this data

StockData. (2026). Chipotle Mexican Grill Restaurant-Level Operating Margin (%), quarterly Q2 2020–Q3 2026 [Data set]. Compiled from Chipotle Mexican Grill SEC filings and investor materials. https://stockdatahq.com/stocks/cmg/kpis/econ-rl-op-margin-pct

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