Chipotle Mexican Grill, Inc. (CMG) EBITDA Margin: 19.91%
Is Chipotle Mexican Grill, Inc.’s EBITDA margin high or low?
Chipotle Mexican Grill, Inc.'s EBITDA margin of 19.91% is 17% above its 5-year average of 16.96%, near the high end of its 5-year range (9.60%–20.51%).
The EBITDA margin for Chipotle Mexican Grill, Inc. (CMG) is 19.91% as of Tuesday, June 9, 2026. It is below its 12-month average by 1.48% (20.21%).
CMG EBITDA Margin Chart
CMG Average EBITDA Margin Chart
CMG Current vs Average EBITDA Margin Chart
CMG EBITDA Margin Metrics
EBITDA MARGIN
19.91%
EBITDA MARGIN AVG TTM
20.21%
EBITDA MARGIN AVG 3Y
19.39%
EBITDA MARGIN AVG 5Y
16.96%
EBITDA MARGIN AVG 10Y
14.69%
EBITDA MARGIN AVG 15Y
16.40%
EBITDA MARGIN AVG 20Y
15.67%
CURRENT VS TTM AVG
-1.48%
CURRENT VS 3Y AVG
+2.70%
CURRENT VS 5Y AVG
+17.43%
CURRENT VS 10Y AVG
+35.53%
CURRENT VS 15Y AVG
+21.42%
CURRENT VS 20Y AVG
+27.07%
CMG Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chipotle Mexican Grill, Inc. (CMG) | — | 19.91% | 20.21% | 19.39% | 16.96% |
| Yum! Brands, Inc. (YUM) | $41.79B | 33.88% | 33.92% | 34.27% | 33.91% |
| eBay Inc. (EBAY) | $48.25B | 25.68% | 26.75% | 21.83% | 24.35% |
| Ulta Beauty, Inc. (ULTA) | $20.54B | 14.92% | 15.64% | 16.76% | 15.64% |
| Rivian Automotive, Inc. (RIVN) | $19.76B | -47.56% | -57.91% | -143.41% | -1737.28% |
| Ford Motor Company (F) | $58.51B | 4.55% | 5.24% | 6.35% | 5.95% |
| International Paper Company (IP) | $18.07B | -0.55% | 4.78% | 8.88% | 10.15% |
| Best Buy Co., Inc. (BBY) | $15.83B | 5.47% | 5.40% | 5.59% | 6.05% |
| Lululemon Athletica Inc. (LULU) | $13.78B | 24.64% | 26.26% | 26.47% | 25.97% |
| DraftKings Inc. (DKNG) | $13.69B | 4.29% | -1.21% | -18.79% | -51.23% |
Margin Comparison
Gross Margin
25.4%
EBITDA Margin
19.9%
Operating Margin
16.9%
Net Margin
12.9%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Chipotle Mexican Grill, Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Chipotle Mexican Grill, Inc. EBITDA Margin FAQ
- What is the EBITDA margin for Chipotle Mexican Grill, Inc. (CMG)?
- The EBITDA margin for CMG stock is 19.91%.
- Is Chipotle Mexican Grill, Inc.'s EBITDA margin high or low?
- Chipotle Mexican Grill, Inc.'s EBITDA margin of 19.91% is 17% above its 5-year average of 16.96%, near the high end of its 5-year range (9.60%–20.51%).
- What is the TTM average EBITDA margin for Chipotle Mexican Grill, Inc. (CMG)?
- The TTM average EBITDA margin for CMG stock is 20.21%.
- What is the 3Y average EBITDA margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 3Y average EBITDA margin for CMG stock is 19.39%.
- What is the 5Y average EBITDA margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 5Y average EBITDA margin for CMG stock is 16.96%.
- What is the 10Y average EBITDA margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 10Y average EBITDA margin for CMG stock is 14.69%.
- What is the 15Y average EBITDA margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 15Y average EBITDA margin for CMG stock is 16.40%.
- What is the 20Y average EBITDA margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 20Y average EBITDA margin for CMG stock is 15.67%.
Chipotle Mexican Grill, Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 19.91% |
| 2024-12-31 | 20.51% |
| 2023-12-31 | 19.78% |
| 2022-12-31 | 17.35% |
| 2021-12-31 | 14.58% |
| 2020-12-31 | 9.60% |
| 2019-12-31 | 12.37% |
| 2018-12-31 | 11.01% |
| 2017-12-31 | 10.27% |
| 2016-12-31 | 5.69% |
| 2015-12-31 | 20.53% |
| 2014-12-31 | 20.54% |
| 2013-12-31 | 20.25% |
| 2012-12-31 | 20.39% |
| 2011-12-31 | 19.38% |
| 2010-12-31 | 20.20% |
| 2009-12-31 | 17.51% |
| 2008-12-31 | 13.53% |
| 2007-12-31 | 14.54% |
| 2006-12-31 | 11.69% |
| 2005-12-31 | 9.40% |
| 2004-12-31 | 5.93% |
| 2003-12-31 | 89.16% |
| 2002-12-31 | 87.39% |
| 2001-12-31 | 84.28% |
Related Metrics
About Chipotle Mexican Grill, Inc.
Chipotle Mexican Grill, Inc., along with its affiliated companies, oversees the ownership and daily running of Chipotle Mexican Grill eateries. By February 15, 2022, its global presence included roughly 3,000 restaurant locations spread across the United States, Canada, the United Kingdom, France, Germany, and other parts of Europe. The company was established in 1993 and maintains its principal office in Newport Beach, California.
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- CEO
- Scott Boatwright