Chipotle Mexican Grill, Inc. (CMG) Gross Margin: 25.38%
Is Chipotle Mexican Grill, Inc.’s gross margin high or low?
Chipotle Mexican Grill, Inc.'s gross margin of 25.38% is in line with its 5-year average of 23.69%, near the high end of its 5-year range (17.40%–26.67%).
The gross margin for Chipotle Mexican Grill, Inc. (CMG) is 25.38% as of Tuesday, June 9, 2026. It is below its 12-month average by 2.48% (26.02%).
CMG Gross Margin Chart
CMG Average Gross Margin Chart
CMG Current vs Average Gross Margin Chart
CMG Gross Margin Metrics
GROSS MARGIN
25.38%
GROSS MARGIN AVG TTM
26.02%
GROSS MARGIN AVG 3Y
25.53%
GROSS MARGIN AVG 5Y
23.69%
GROSS MARGIN AVG 10Y
21.55%
GROSS MARGIN AVG 15Y
23.16%
GROSS MARGIN AVG 20Y
22.80%
CURRENT VS TTM AVG
-2.48%
CURRENT VS 3Y AVG
-0.60%
CURRENT VS 5Y AVG
+7.13%
CURRENT VS 10Y AVG
+17.76%
CURRENT VS 15Y AVG
+9.57%
CURRENT VS 20Y AVG
+11.31%
CMG Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chipotle Mexican Grill, Inc. (CMG) | — | 25.38% | 26.02% | 25.53% | 23.69% |
| Yum! Brands, Inc. (YUM) | $41.79B | 46.17% | 46.83% | 47.85% | 47.84% |
| eBay Inc. (EBAY) | $48.06B | 72.01% | 71.72% | 72.02% | 73.74% |
| Ulta Beauty, Inc. (ULTA) | $20.46B | 39.33% | 38.97% | 39.16% | 37.89% |
| Ford Motor Company (F) | $56.36B | 9.18% | 12.41% | 13.63% | 13.75% |
| Rivian Automotive, Inc. (RIVN) | $19.76B | 2.67% | -10.73% | -63.90% | -183.51% |
| International Paper Company (IP) | $18.07B | 29.53% | 28.84% | 26.63% | 26.48% |
| Best Buy Co., Inc. (BBY) | $15.99B | 22.50% | 22.54% | 22.39% | 22.22% |
| Lululemon Athletica Inc. (LULU) | $13.69B | 55.70% | 57.91% | 58.04% | 57.44% |
| DraftKings Inc. (DKNG) | $13.69B | 41.25% | 39.68% | 37.64% | 38.81% |
Gross Margin Analysis
Gross Margin
25.4%
(Revenue - COGS) / Revenue
Chipotle Mexican Grill, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Chipotle Mexican Grill, Inc. Gross Margin FAQ
- What is the gross margin for Chipotle Mexican Grill, Inc. (CMG)?
- The gross margin for CMG stock is 25.38%.
- Is Chipotle Mexican Grill, Inc.'s gross margin high or low?
- Chipotle Mexican Grill, Inc.'s gross margin of 25.38% is in line with its 5-year average of 23.69%, near the high end of its 5-year range (17.40%–26.67%).
- What is the TTM average gross margin for Chipotle Mexican Grill, Inc. (CMG)?
- The TTM average gross margin for CMG stock is 26.02%.
- What is the 3Y average gross margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 3Y average gross margin for CMG stock is 25.53%.
- What is the 5Y average gross margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 5Y average gross margin for CMG stock is 23.69%.
- What is the 10Y average gross margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 10Y average gross margin for CMG stock is 21.55%.
- What is the 15Y average gross margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 15Y average gross margin for CMG stock is 23.16%.
- What is the 20Y average gross margin for Chipotle Mexican Grill, Inc. (CMG)?
- The 20Y average gross margin for CMG stock is 22.80%.
Chipotle Mexican Grill, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 25.38% |
| 2024-12-31 | 26.67% |
| 2023-12-31 | 26.20% |
| 2022-12-31 | 23.88% |
| 2021-12-31 | 22.62% |
| 2020-12-31 | 17.40% |
| 2019-12-31 | 20.45% |
| 2018-12-31 | 18.73% |
| 2017-12-31 | 16.89% |
| 2016-12-31 | 12.76% |
| 2015-12-31 | 26.09% |
| 2014-12-31 | 27.21% |
| 2013-12-31 | 26.59% |
| 2012-12-31 | 27.11% |
| 2011-12-31 | 25.96% |
| 2010-12-31 | 26.66% |
| 2009-12-31 | 24.93% |
| 2008-12-31 | 21.54% |
| 2007-12-31 | 22.34% |
| 2006-12-31 | 20.93% |
| 2005-12-31 | 18.49% |
| 2004-12-31 | 53.60% |
| 2003-12-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2001-12-31 | 0.00% |
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