Chipotle Mexican Grill Gross Margin 2010-2024 | CMG
- Chipotle Mexican Grill average gross margin for 2023 was 25.71%, a 12.27% increase from 2022.
- Chipotle Mexican Grill average gross margin for 2022 was 22.9%, a 7.16% increase from 2021.
- Chipotle Mexican Grill average gross margin for 2021 was 21.37%, a 19.05% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.