Company / Operating Margin
Chipotle Mexican Grill Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
16.2%
FY2025
5-year range
10.7% / 16.9%
FY2021-FY2025
Trend
-4.2%
vs FY2024
Sector context
#41 of 184
Consumer Discretionary
What the data says
Chipotle Mexican Grill's operating margin of 16.2% is higher than 78% of companies in the Consumer Discretionary sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 0.9% in FY2016 to 16.9% in FY2024.
Based on SEC 10-K filings.
16.2% in FY2025 with a 5-year CAGR of +11.4%. Top quartile in the Consumer Discretionary sector.
Improved from 15.8% to 16.2% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +2.8pp
- 5-Year Change
- +11.4pp
- 10-Year Change
- -
Sector benchmark
+383.6% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 4.2% year-over-year.
- Currently 12.9pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 47.7%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 16.2% | -4.2% |
| FY2024 | 16.9% | +7.4% |
| FY2023 | 15.8% | +17.4% |
| FY2022 | 13.4% | +26.0% |
| FY2021 | 10.7% | +120.0% |
| FY2020 | 4.9% | -39.0% |
| FY2019 | 8.0% | +49.7% |
| FY2018 | 5.3% | -12.2% |
| FY2017 | 6.0% | +583.3% |
| FY2016 | 0.9% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026