Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 24.13% is in line with its 5-year average of 25.23%, around the middle of its 5-year range (20.20%–28.91%).
2.53% below its 12-month average of 24.76%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
24.13%
GROSS MARGIN AVG TTM
24.76%
GROSS MARGIN AVG 3Y
25.82%
GROSS MARGIN AVG 5Y
25.23%
GROSS MARGIN AVG 10Y
21.55%
GROSS MARGIN AVG 15Y
23.10%
GROSS MARGIN AVG 20Y
23.23%
CURRENT VS TTM AVG
-2.53%
CURRENT VS 3Y AVG
-6.56%
CURRENT VS 5Y AVG
-4.36%
CURRENT VS 10Y AVG
+11.99%
CURRENT VS 15Y AVG
+4.45%
CURRENT VS 20Y AVG
+3.88%
SECTOR MEDIAN · CONSUMER CYCLICAL
38.34%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-37.06%
vs the sector median at left
Chipotle Mexican Grill, Inc.
Market Cap
$47.41B
Gross Margin
24.13%
TTM Avg
24.76%
3Y Avg
25.82%
5Y Avg
25.23%
Market Cap
$31.78B
Gross Margin
34.43%
TTM Avg
33.56%
3Y Avg
26.05%
5Y Avg
-14.53%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chipotle Mexican Grill, Inc. (CMG) | $47.41B | 24.13% | 24.76% | 25.82% | 25.23% |
| AutoZone, Inc. (AZO)vs › | $48.19B | 51.75% | 52.86% | 52.56% | 52.51% |
| eBay Inc. (EBAY)vs › | $46.44B | 72.49% | 71.72% | 72.02% | 73.74% |
| Yum! Brands, Inc. (YUM)vs › | $41.23B | 45.80% | 46.83% | 47.85% | 47.84% |
| Ford Motor Company (F)vs › | $55.91B | 10.77% | 12.41% | 13.63% | 13.75% |
| JD.com, Inc. (JD)vs › | $38.86B | 9.90% | 9.55% | 11.97% | 12.68% |
| D.R. Horton, Inc. (DHI)vs › | $38.74B | 22.61% | 24.80% | 26.84% | 26.67% |
| NIKE, Inc. (NKE)vs › | $56.38B | 42.91% | 42.82% | 43.43% | 44.09% |
| Carnival Corporation & plc (CCL)vs › | $31.78B | 34.43% | 33.56% | 26.05% | -14.53% |
| Expedia Group, Inc. (EXPE)vs › | $31.44B | 90.43% | 89.79% | 88.28% | 83.85% |
Gross Margin
24.1%
(Revenue - COGS) / Revenue
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
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 25.22% |
| 2026-03-31 | 23.28% |
| 2025-12-31 | 23.42% |
| 2025-09-30 | 24.49% |
| 2025-06-30 | 27.36% |
| 2025-03-31 | 26.21% |
| 2024-12-31 | 24.75% |
| 2024-09-30 | 25.49% |
| 2024-06-30 | 28.91% |
| 2024-03-31 | 27.46% |
| 2023-12-31 | 25.37% |
| 2023-09-30 | 26.29% |
| 2023-06-30 | 27.47% |
| 2023-03-31 | 25.63% |
| 2022-12-31 | 23.96% |
| 2022-09-30 | 25.34% |
| 2022-06-30 | 25.21% |
| 2022-03-31 | 20.73% |
| 2021-12-31 | 20.20% |
| 2021-09-30 | 23.53% |
| 2021-06-30 | 24.46% |
| 2021-03-31 | 22.32% |
| 2020-12-31 | 19.48% |
| 2020-09-30 | 19.50% |
| 2020-06-30 | 12.22% |
| 2020-03-31 | 17.64% |
| 2019-12-31 | 19.19% |
| 2019-09-30 | 20.79% |
| 2019-06-30 | 20.89% |
| 2019-03-31 | 20.98% |
| 2018-12-31 | 17.00% |
| 2018-09-30 | 18.67% |
| 2018-06-30 | 19.71% |
| 2018-03-31 | 19.53% |
| 2017-12-31 | 14.87% |
| 2017-09-30 | 16.06% |
| 2017-06-30 | 18.85% |
| 2017-03-31 | 17.74% |
| 2016-12-31 | 13.50% |
| 2016-09-30 | 14.15% |
| 2016-06-30 | 15.53% |
| 2016-03-31 | 6.81% |
| 2015-12-31 | 19.60% |
| 2015-09-30 | 28.31% |
| 2015-06-30 | 27.98% |
| 2015-03-31 | 27.47% |
| 2014-12-31 | 26.63% |
| 2014-09-30 | 28.78% |
| 2014-06-30 | 27.31% |
| 2014-03-31 | 25.90% |
| 2013-12-31 | 25.62% |
| 2013-09-30 | 26.79% |
| 2013-06-30 | 27.62% |
| 2013-03-31 | 26.34% |
| 2012-12-31 | 24.57% |
| 2012-09-30 | 27.38% |
| 2012-06-30 | 29.15% |
| 2012-03-31 | 27.37% |
| 2011-12-31 | 26.09% |
| 2011-09-30 | 26.65% |
| 2011-06-30 | 78.31% |
| 2011-03-31 | 25.22% |
| 2010-12-31 | 25.94% |
| 2010-09-30 | 27.65% |
| 2010-06-30 | 26.86% |
| 2010-03-31 | 26.12% |
| 2009-12-31 | 24.52% |
| 2009-09-30 | 25.52% |
| 2009-06-30 | 26.03% |
| 2009-03-31 | 23.52% |
| 2008-12-31 | 21.11% |
| 2008-09-30 | 21.36% |
| 2008-06-30 | 22.44% |
| 2008-03-31 | 8.78% |
| 2007-12-31 | 22.11% |
| 2007-09-30 | 23.03% |
| 2007-06-30 | 23.25% |
| 2007-03-31 | 20.72% |
| 2006-12-31 | 20.33% |
| 2006-09-30 | 21.50% |
| 2006-06-30 | 21.69% |
| 2006-03-31 | 20.18% |
| 2005-12-31 | 18.55% |
| 2005-09-30 | 19.84% |
