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Chipotle Mexican Grill Inc   (NYSE: CMG)
Other Ticker:  
 
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services
 

CMG's Income Before Taxes Growth by Quarter and Year

Chipotle Mexican Grill Inc 's Income Before Taxes results by quarter and year





CMG Income Before Taxes (in millions $) FY 2025 FY 2024 FY 2023 FY 2022
4th Quarter December - 439.10 382.35 303.39
3rd Quarter September 496.96 502.56 413.34 339.97
2nd Quarter June 577.41 607.91 448.26 348.17
1st Quarter March 501.50 460.66 376.56 190.01
FY   1,575.87 2,010.23 1,620.51 1,181.54

CMGs Annual Income Before Taxes
Chipotle Mexican Grill Inc 's Income Before Taxes in the fiscal year 2024 $ 2,010.23 millions
Chipotle Mexican Grill Inc 's Income Before Taxes in the fiscal year 2023 $ 1,620.51 millions
Chipotle Mexican Grill Inc 's Income Before Taxes in the fiscal year 2022 $ 1,181.53 millions
Chipotle Mexican Grill Inc 's Income Before Taxes in the fiscal year 2021 $ 812.76 millions
Chipotle Mexican Grill Inc 's Income Before Taxes in the fiscal year 2020 $ 293.78 millions




CMG Income Before Taxes third quarter 2025 Y/Y Growth Comment
Chipotle Mexican Grill Inc reported decrease in Income Before Taxes in the third quarter 2025 by -1.11% to $ 496.96 millions, from the same quarter in 2024.
The decrease in the third quarter 2025 Chipotle Mexican Grill Inc 's Income Before Taxes compares unfavorably to the Company's average Income Before Taxes rise of 39.62%.

Looking into third quarter 2025 results within Restaurants industry 11 other companies have achieved higher Income Before Taxes growth. While Chipotle Mexican Grill Inc ' s Income Before Taxes decline of -1.11% ranks overall at the positon no. 1001 in the third quarter 2025.

Explain Gross Income Margin


CMG Income Before Taxes ( Y/Y Growth %) 2025
2024 2023 2022
4th Quarter December - 14.84 % 26.03 % 81.06 %
3rd Quarter September -1.11 % 21.59 % 21.58 % 41.92 %
2nd Quarter June -5.02 % 35.62 % 28.75 % 41.31 %
1st Quarter March 8.87 % 22.33 % 98.18 % 19.3 %
FY   - 24.05 % 37.15 % 45.37 %

Financial Statements
Chipotle Mexican Grill Inc 's third quarter 2025 Income Before Taxes $ 496.96 millions CMG's Income Statement
Chipotle Mexican Grill Inc 's third quarter 2024 Income Before Taxes $ 502.56 millions Quarterly CMG's Income Statement


CMG Income Before Taxes (Quarter on Quarter Growth %)

2025
2024 2023 2022
4th Quarter December - -12.63 % -7.5 % -10.76 %
3rd Quarter September -13.93 % -17.33 % -7.79 % -2.36 %
2nd Quarter June 15.14 % 31.97 % 19.04 % 83.24 %
1st Quarter March 14.21 % 20.48 % 24.12 % 13.4 %
FY (Year on Year)   - 24.05 % 37.15 % 45.37 %




Income Before Taxes third quarter 2025 Y/Y Growth Company Ranking
Within: No.
Restaurants Industry #12
Services Sector #113
Overall #1001

Income Before Taxes Y/Y Growth Statistics
High Average Low
611.8 % 39.62 % -94.97 %
(Dec 31 2017)   (Dec 31 2016)
Income Before Taxes third quarter 2025 Y/Y Growth Company Ranking
Within: No.
Restaurants Industry #12
Services Sector #113
Overall #1001
Income Before Taxes Y/Y Growth Statistics
High Average Low
611.8 % 39.62 % -94.97 %
(Dec 31 2017)   (Dec 31 2016)

Income Before Taxes by Quarter for the Fiscal Years 2022, 2023, 2024, 2025

Chipotle Mexican Grill Inc 's Q/Q Income Before Taxes Growth


Income Before Taxes Q/Q Growth Statistics
High Average Low
199 % 13 % -75 %
(Dec 31 2016)  


CMG's III. Quarter Q/Q Income Before Taxes Comment
In the III. Quarter 2025 Chipotle Mexican Grill Inc disclosed drop in Income Before Taxes from the second quarter by -13.93% to $ 496.96 millions, from $ 577.41 millions achived in the previous reporting period.

But that's not important problem, as Chipotle Mexican Grill Inc 's Income Before Taxes generally seem to plunge in this quarter.

Within Restaurants industry 13 other companies have achieved higher Income Before Taxes quarter on quarter growth. While Chipotle Mexican Grill Inc 's Income Before Taxes growth quarter on quarter, overall rank is 1440.


Income Before Taxes Q/Q Growth Company Ranking
Within: No.
Restaurants Industry #14
Services Sector #150
Overall #1440
Income Before Taxes Q/Q Growth Company Ranking
Within: No.
Restaurants Industry #14
Services Sector #150
Overall #1440
Income Before Taxes Q/Q Growth Statistics
High Average Low
199 % 13 % -75 %
(Dec 31 2016)  


CMG's III. Quarter Q/Q Income Before Taxes Comment
In the III. Quarter 2025 Chipotle Mexican Grill Inc disclosed drop in Income Before Taxes from the second quarter by -13.93% to $ 496.96 millions, from $ 577.41 millions achived in the previous reporting period.

But that's not important problem, as Chipotle Mexican Grill Inc 's Income Before Taxes generally seem to plunge in this quarter.

Within Restaurants industry 13 other companies have achieved higher Income Before Taxes quarter on quarter growth. While Chipotle Mexican Grill Inc 's Income Before Taxes growth quarter on quarter, overall rank is 1440.


Chipotle Mexican Grill Inc 's 12 Months Income Before Taxes Growth Year on Year


Income Before Taxes TTM Growth

12 Months Ending
(Sep 30 2025)
12 Months Ending
(Jun 30 2025)
12 Months Ending
(Mar 31 2025)
12 Months Ending
(Dec 31 2024)
12 Months Ending
(Sep 30 2024)
Cumulative Income Before Taxes 12 Months Ending $ 2,014.97 $ 2,020.58 $ 2,051.08 $ 2,010.23 $ 1,953.49
Y / Y Income Before Taxes Growth (TTM) 3.15 % 8.38 % 20.33 % 24.05 % 26.72 %
Year on Year Income Before Taxes Growth Overall Ranking # 581 # 560 # 511 # 225 # 380
Seqeuential Income Before Taxes Change (TTM) -0.28 % -1.49 % 2.03 % 2.9 % 4.79 %
Seq. Income Before Taxes Growth (TTM) Overall Ranking # 1001 # 335 # 869 # 476 # 906


Cumulative Income Before Taxes growth Comment
With the quarterly Income Before Taxes reported in the Sep 30 2025 period, Chipotle Mexican Grill Inc 's cumulative twelve months Income Before Taxes were $ 2,015 millions, company would post below average annual Income Before Taxes growth of 4.79% year on year, if the fiscal year would end at Sep 30 2025.
A slow-down in the Chipotle Mexican Grill Inc 's Income Before Taxes growth from the 577.41% growth in Jun 30 2025.

In the Services sector 62 other companies have achieved higher trailing twelve month Income Before Taxes growth. While Income Before Taxes growth total ranking has deteriorated compare to previous quarter from 560 to 581.

Income Before Taxes TTM Y/Y Growth Company Ranking
Within: No.
Restaurants Industry # 12
Services Sector # 63
Overall # 581

Income Before Taxes TTM Y/Y Growth Statistics
High Average Low
611.8 %
39.62 %
-94.97 %
 


Income Before Taxes TTM Q/Q Growth Company Ranking
Within: No.
Industry # 12
Sector # 113
S&P 500 # 1001
Cumulative Income Before Taxes growth Comment
With the quarterly Income Before Taxes reported in the Sep 30 2025 period, Chipotle Mexican Grill Inc 's cumulative twelve months Income Before Taxes were $ 2,015 millions, company would post below average annual Income Before Taxes growth of -94.97% year on year, if the fiscal year would end at Sep 30 2025.
A slow-down in the Chipotle Mexican Grill Inc 's Income Before Taxes growth from the 577.41% growth in Jun 30 2025.

In the Services sector 62 other companies have achieved higher trailing twelve month Income Before Taxes growth. While Income Before Taxes growth total ranking has deteriorated compare to previous quarter from 560 to 581.


Income Before Taxes TTM Y/Y Growth Company Ranking
Within: No.
Restaurants Industry # 12
Services Sector # 63
Overall # 581

Income Before Taxes TTM Y/Y Growth Statistics
High Average Low
611.8 %
39.62 %
-94.97 %
 


Income Before Taxes TTM Q/Q Growth Company Ranking
Within: No.
Industry # 12
Sector # 113
S&P 500 # 1001




Other Income Before Taxes Growth
Restaurants Industry Income Before Taxes Growth Trends and Statistics
Services Sector Income Before Taxes Growth Statistics
Income Before Taxes Growth Trends for overall market
CMG's Income Before Taxes Growth Ratio versus Restaurants Industry, Services Sector and total Market
Highest Ranking Income Before Taxes Growth
Lowest Ranking Income Before Taxes Growth




Companies with similar Income Before Taxes drop for the quarter ending Sep 30 2025 within Services SectorY/Y Change %Income Before Taxes for the quarter ending Sep 30 2025
Republic Services Inc -0.23%$ -0.232 millions
Chipotle Mexican Grill Inc -1.11%$ -1.115 millions
United Rentals Inc -1.26%$ -1.264 millions
Visa Inc -2.34%$ -2.338 millions
Fidelity National Information Services Inc -3.35%$ -3.351 millions
Bravo Multinational Incorporated-4.36%$ -4.362 millions
Strategic Education Inc -4.72%$ -4.719 millions
Yum China Holdings Inc -5.28%$ -5.275 millions
Uber Technologies Inc -5.38%$ -5.381 millions
Lincoln Educational Services Corp-5.92%$ -5.918 millions
Texas Roadhouse inc -6.20%$ -6.203 millions
Waste Connections Inc -6.32%$ -6.320 millions
Cco Holdings Llc-6.95%$ -6.950 millions
Comcast corporation-7.28%$ -7.284 millions
Charter Communications Inc -7.77%$ -7.766 millions
The Wendy s Company-9.21%$ -9.210 millions
Norwegian Cruise Line Holdings ltd -10.01%$ -10.006 millions
Manpowergroup Inc -10.64%$ -10.642 millions
Heritage Global Inc -10.76%$ -10.762 millions
T mobile Us Inc -11.07%$ -11.066 millions
Spok Holdings Inc -11.07%$ -11.068 millions
Rcm Technologies Inc -11.74%$ -11.737 millions
Omnicom Group Inc -13.01%$ -13.007 millions
Nathans Famous Inc -13.31%$ -13.310 millions
Trinet Group Inc -13.79%$ -13.793 millions
Cushman and Wakefield Plc-14.91%$ -14.906 millions
Marcus Corp-15.77%$ -15.773 millions
Xpo Inc -17.04%$ -17.037 millions
Wex Inc -17.51%$ -17.505 millions
Laureate Education Inc -18.90%$ -18.901 millions


About Chipotle Mexican Grill Inc Income Before Taxes Growth Rates (CMG), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Chipotle Mexican Grill Inc (CIK 1058090).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001058090-25-000088
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Chipotle Mexican Grill Inc’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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