Chipotle Mexican Grill annual return on equity
2009
2010
2011
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2015
2016
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2021
2022
2023
2024
2025
Chipotle Mexican Grill Return on Equity (ROE) Growth & History (CMG)
Chipotle Mexican Grill's return on equity was 47.36% for fiscal 2025.
View full Chipotle Mexican Grill company overviewChipotle Mexican Grill annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 47.36% | +1.68 pp |
| 2024 | 2024-12-31 | 45.67% | +0.42 pp |
| 2023 | 2023-12-31 | 45.26% | +6.71 pp |
| 2022 | 2022-12-31 | 38.54% | +8.30 pp |
| 2021 | 2021-12-31 | 30.25% | +11.03 pp |
| 2020 | 2020-12-31 | 19.21% | −3.20 pp |
| 2019 | 2019-12-31 | 22.41% | +9.83 pp |
| 2018 | 2018-12-31 | 12.58% | −0.15 pp |
| 2017 | 2017-12-31 | 12.74% | +11.44 pp |
| 2016 | 2016-12-31 | 1.30% | −21.67 pp |
| 2015 | 2015-12-31 | 22.97% | −2.11 pp |
| 2014 | 2014-12-31 | 25.09% | +1.57 pp |
| 2013 | 2013-12-31 | 23.52% | −0.76 pp |
| 2012 | 2012-12-31 | 24.28% | +1.10 pp |
| 2011 | 2011-12-31 | 23.17% | −0.46 pp |
| 2010 | 2010-12-31 | 23.64% | +4.51 pp |
| 2009 | 2009-12-31 | 19.13% | — |
Chipotle Mexican Grill quarterly return on equity
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.52% | +5.09 pp |
| Q1 2026 | 2026-03-31 | 11.56% | +0.74 pp |
| Q4 2025 | 2025-12-31 | 10.94% | +1.81 pp |
| Q3 2025 | 2025-09-30 | 11.32% | +0.75 pp |
| Q2 2025 | 2025-06-30 | 12.43% | −0.46 pp |
| Q1 2025 | 2025-03-31 | 10.82% | −0.37 pp |
| Q4 2024 | 2024-12-31 | 9.13% | −0.36 pp |
| Q3 2024 | 2024-09-30 | 10.58% | −0.50 pp |
| Q2 2024 | 2024-06-30 | 12.88% | −0.14 pp |
| Q1 2024 | 2024-03-31 | 11.19% | −0.84 pp |
| Q4 2023 | 2023-12-31 | 9.48% | −0.05 pp |
| Q3 2023 | 2023-09-30 | 11.08% | −0.39 pp |
| Q2 2023 | 2023-06-30 | 13.02% | +0.90 pp |
| Q1 2023 | 2023-03-31 | 12.03% | +4.88 pp |
| Q4 2022 | 2022-12-31 | 9.53% | +3.74 pp |
| Q3 2022 | 2022-09-30 | 11.48% | +2.36 pp |
| Q2 2022 | 2022-06-30 | 12.12% | +3.32 pp |
| Q1 2022 | 2022-03-31 | 7.14% | +0.97 pp |
| Q4 2021 | 2021-12-31 | 5.79% | −4.19 pp |
| Q3 2021 | 2021-09-30 | 9.12% | +4.54 pp |
| Q2 2021 | 2021-06-30 | 8.80% | +8.32 pp |
| Q1 2021 | 2021-03-31 | 6.17% | +1.62 pp |
| Q4 2020 | 2020-12-31 | 9.98% | +5.60 pp |
| Q3 2020 | 2020-09-30 | 4.57% | −1.67 pp |
| Q2 2020 | 2020-06-30 | 0.48% | −5.54 pp |
| Q1 2020 | 2020-03-31 | 4.55% | −1.47 pp |
| Q4 2019 | 2019-12-31 | 4.38% | +2.16 pp |
| Q3 2019 | 2019-09-30 | 6.24% | +3.54 pp |
| Q2 2019 | 2019-06-30 | 6.02% | +2.62 pp |
| Q1 2019 | 2019-03-31 | 6.03% | +1.67 pp |
| Q4 2018 | 2018-12-31 | 2.23% | −0.96 pp |
| Q3 2018 | 2018-09-30 | 2.70% | +1.32 pp |
| Q2 2018 | 2018-06-30 | 3.40% | −1.27 pp |
| Q1 2018 | 2018-03-31 | 4.36% | +1.08 pp |
| Q4 2017 | 2017-12-31 | 3.18% | +2.06 pp |
| Q3 2017 | 2017-09-30 | 1.38% | +0.85 pp |
| Q2 2017 | 2017-06-30 | 4.67% | +2.98 pp |
| Q1 2017 | 2017-03-31 | 3.28% | +4.72 pp |
| Q4 2016 | 2016-12-31 | 1.12% | −1.87 pp |
| Q3 2016 | 2016-09-30 | 0.53% | −5.69 pp |
| Q2 2016 | 2016-06-30 | 1.69% | −4.70 pp |
| Q1 2016 | 2016-03-31 | −1.44% | −7.36 pp |
| Q4 2015 | 2015-12-31 | 3.00% | −3.21 pp |
| Q3 2015 | 2015-09-30 | 6.23% | −0.95 pp |
| Q2 2015 | 2015-06-30 | 6.39% | −0.10 pp |
| Q1 2015 | 2015-03-31 | 5.92% | +0.70 pp |
| Q4 2014 | 2014-12-31 | 6.21% | +0.91 pp |
| Q3 2014 | 2014-09-30 | 7.17% | +1.29 pp |
| Q2 2014 | 2014-06-30 | 6.49% | −0.13 pp |
| Q1 2014 | 2014-03-31 | 5.22% | −0.83 pp |
| Q4 2013 | 2013-12-31 | 5.30% | +0.50 pp |
| Q3 2013 | 2013-09-30 | 5.89% | +0.26 pp |
| Q2 2013 | 2013-06-30 | 6.62% | −0.10 pp |
| Q1 2013 | 2013-03-31 | 6.04% | +0.38 pp |
| Q4 2012 | 2012-12-31 | 4.81% | −0.82 pp |
| Q3 2012 | 2012-09-30 | 5.63% | −0.61 pp |
| Q2 2012 | 2012-06-30 | 6.72% | +1.10 pp |
| Q1 2012 | 2012-03-31 | 5.66% | +0.12 pp |
| Q4 2011 | 2011-12-31 | 5.62% | −0.28 pp |
| Q3 2011 | 2011-09-30 | 6.24% | −0.15 pp |
| Q2 2011 | 2011-06-30 | 5.62% | −0.77 pp |
| Q1 2011 | 2011-03-31 | 5.54% | — |
| Q4 2010 | 2010-12-31 | 5.91% | — |
| Q3 2010 | 2010-09-30 | 6.38% | — |
| Q2 2010 | 2010-06-30 | 6.39% | — |
Chipotle Mexican Grill return on equity trends
Over the last five fiscal years, Chipotle Mexican Grill's return on equity increased from 19.21% to 47.36%, a change of +28.14 percentage points. The latest reported quarter, Q2 2026, shows 17.52%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Chipotle Mexican Grill source filings ↗