Business Segments — Occupancy
Chipotle Mexican Grill Business Segments — Occupancy increased by 2.6% to $157.47M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.5%, from $142.49M to $157.47M. Over 3 years (FY 2022 to FY 2025), Business Segments — Occupancy shows an upward trend with a 10.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising occupancy costs relative to revenue may indicate inefficient real estate utilization or unfavorable lease renewals.
Detailed definition
This includes rent, common area maintenance, and property taxes associated with the U.S. restaurant real estate portfoli...
Peer comparison
Comparable to 'Rent and Occupancy' or 'Lease Expenses' for other brick-and-mortar retail and restaurant chains.
cmg_segment_u_s_occupancyHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $112.67M | $112.67M | $112.67M | $112.67M | $122.94M | $122.94M | $122.94M | $122.94M | $132.34M | $134.95M | $138.91M | $142.49M | $145.96M | $149.97M | $153.50M | $157.47M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.1% | +0.0% | +0.0% | +0.0% | +7.6% | +2.0% | +2.9% | +2.6% | +2.4% | +2.7% | +2.4% | +2.6% |
| YoY Change | — | — | — | — | +9.1% | +9.1% | +9.1% | +9.1% | +7.6% | +9.8% | +13.0% | +15.9% | +10.3% | +11.1% | +10.5% | +10.5% |
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Frequently Asked Questions
- What is Chipotle Mexican Grill's business segments — occupancy?
- Chipotle Mexican Grill (CMG) reported business segments — occupancy of $157.47M in Q4 2025.
- How has Chipotle Mexican Grill's business segments — occupancy changed year-over-year?
- Chipotle Mexican Grill's business segments — occupancy increased by 10.5% year-over-year, from $142.49M to $157.47M.
- What is the long-term trend for Chipotle Mexican Grill's business segments — occupancy?
- Over 3 years (2022 to 2025), Chipotle Mexican Grill's business segments — occupancy has grown at a 10.4% compound annual growth rate (CAGR), from $450.68M to $606.90M.
- What does business segments — occupancy mean?
- The total cost of rent and property-related expenses for U.S. locations.