Chipotle Mexican Grill annual free cash flow
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Chipotle Mexican Grill Free Cash Flow (FCF) History (CMG)
Chipotle Mexican Grill reported $1.45B in free cash flow for fiscal 2025, a decrease of 4.23% from the previous fiscal year, with a free cash flow margin of 12.14%.
View full Chipotle Mexican Grill company overviewChipotle Mexican Grill free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.45B | −$63.9M | −4.23% | +12.14% |
| 2024 | 2024-12-31 | $1.51B | $288.7M | +23.61% | +13.36% |
| 2023 | 2023-12-31 | $1.22B | $378.7M | +44.87% | +12.39% |
| 2022 | 2022-12-31 | $844.0M | $4.4M | +0.53% | +9.77% |
| 2021 | 2021-12-31 | $839.6M | $549.1M | +189.03% | +11.12% |
| 2020 | 2020-12-31 | $290.5M | −$97.2M | −25.08% | +4.85% |
| 2019 | 2019-12-31 | $387.7M | $53.6M | +16.03% | +6.94% |
| 2018 | 2018-12-31 | $334.2M | $82.7M | +32.90% | +6.87% |
| 2017 | 2017-12-31 | $251.4M | $155.1M | +161.05% | +5.62% |
| 2016 | 2016-12-31 | $96.3M | −$329.6M | −77.38% | +2.47% |
| 2015 | 2015-12-31 | $425.9M | −$3.6M | −0.83% | — |
| 2014 | 2014-12-31 | $429.5M | $100.6M | +30.60% | — |
| 2013 | 2013-12-31 | $328.9M | $105.9M | +47.52% | — |
| 2012 | 2012-12-31 | $222.9M | −$37.0M | −14.24% | — |
| 2011 | 2011-12-31 | $259.9M | $84.0M | +47.72% | — |
| 2010 | 2010-12-31 | $176.0M | $32.5M | +22.65% | — |
| 2009 | 2009-12-31 | $143.5M | $97.1M | +209.17% | — |
| 2008 | 2008-12-31 | $46.4M | — | — | — |
Chipotle Mexican Grill quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $463.4M | $62.6M | +15.63% | +13.84% |
| Q1 2026 | 2026-03-31 | $471.0M | $58.8M | +14.25% | +15.25% |
| Q4 2025 | 2025-12-31 | $228.4M | −$125.5M | −35.46% | +7.66% |
| Q3 2025 | 2025-09-30 | $406.2M | $107.2M | +35.86% | +13.52% |
| Q2 2025 | 2025-06-30 | $400.7M | −$21.3M | −5.06% | +13.08% |
| Q1 2025 | 2025-03-31 | $412.3M | −$24.3M | −5.56% | +14.34% |
| Q4 2024 | 2024-12-31 | $353.9M | $260.4M | +278.37% | +12.44% |
| Q3 2024 | 2024-09-30 | $299.0M | −$50.3M | −14.40% | +10.70% |
| Q2 2024 | 2024-06-30 | $422.1M | −$23.2M | −5.21% | +14.20% |
| Q1 2024 | 2024-03-31 | $436.5M | $101.9M | +30.44% | +16.16% |
| Q4 2023 | 2023-12-31 | $93.5M | −$164.4M | −63.74% | +3.72% |
| Q3 2023 | 2023-09-30 | $349.3M | $136.4M | +64.06% | +14.13% |
| Q2 2023 | 2023-06-30 | $445.3M | $258.8M | +138.82% | +17.71% |
| Q1 2023 | 2023-03-31 | $334.7M | $147.9M | +79.22% | +14.13% |
| Q4 2022 | 2022-12-31 | $257.9M | −$58.6M | −18.51% | +11.83% |
| Q3 2022 | 2022-09-30 | $212.9M | $40.5M | +23.52% | +9.59% |
| Q2 2022 | 2022-06-30 | $186.5M | $55.1M | +41.92% | +8.42% |
| Q1 2022 | 2022-03-31 | $186.7M | −$32.6M | −14.87% | +9.24% |
| Q4 2021 | 2021-12-31 | $316.5M | $328.0M | — | +16.14% |
| Q3 2021 | 2021-09-30 | $172.4M | $9.9M | +6.07% | +8.83% |
| Q2 2021 | 2021-06-30 | $131.4M | $96.3M | +274.73% | +6.94% |
| Q1 2021 | 2021-03-31 | $219.4M | $114.9M | +110.07% | +12.60% |
| Q4 2020 | 2020-12-31 | −$11.5M | −$102.1M | — | −0.71% |
| Q3 2020 | 2020-09-30 | $162.5M | $23.9M | +17.26% | +10.15% |
| Q2 2020 | 2020-06-30 | $35.1M | −$5.1M | −12.69% | +2.57% |
| Q1 2020 | 2020-03-31 | $104.4M | −$13.9M | −11.78% | +7.40% |
| Q4 2019 | 2019-12-31 | $90.6M | $39.0M | +75.45% | +6.29% |
| Q3 2019 | 2019-09-30 | $138.6M | $23.0M | +19.88% | +9.87% |
| Q2 2019 | 2019-06-30 | $40.2M | $16.8M | +72.20% | +2.80% |
| Q1 2019 | 2019-03-31 | $118.4M | −$25.2M | −17.58% | +9.05% |
| Q4 2018 | 2018-12-31 | $51.7M | $14.0M | +37.27% | +4.22% |
| Q3 2018 | 2018-09-30 | $115.6M | $31.7M | +37.78% | +9.44% |
| Q2 2018 | 2018-06-30 | $23.3M | −$13.1M | −35.95% | +1.84% |
| Q1 2018 | 2018-03-31 | $143.6M | $50.1M | +53.57% | +12.50% |
| Q4 2017 | 2017-12-31 | $37.6M | $30.1M | +401.97% | — |
| Q3 2017 | 2017-09-30 | $83.9M | $48.0M | +133.89% | +7.44% |
| Q2 2017 | 2017-06-30 | $36.4M | −$17.8M | −32.81% | — |
| Q1 2017 | 2017-03-31 | $93.5M | $94.7M | — | — |
| Q4 2016 | 2016-12-31 | $7.5M | −$11.7M | −60.90% | — |
| Q3 2016 | 2016-09-30 | $35.9M | −$84.1M | −70.11% | — |
| Q2 2016 | 2016-06-30 | $54.2M | −$49.2M | −47.58% | — |
| Q1 2016 | 2016-03-31 | −$1.2M | −$184.6M | — | — |
| Q4 2015 | 2015-12-31 | $19.2M | −$20.9M | −52.21% | — |
| Q3 2015 | 2015-09-30 | $120.0M | −$11.8M | −8.94% | — |
| Q2 2015 | 2015-06-30 | $103.4M | −$21.7M | −17.33% | — |
| Q1 2015 | 2015-03-31 | $183.4M | $50.8M | +38.33% | — |
| Q4 2014 | 2014-12-31 | $40.1M | −$36.7M | −47.76% | — |
| Q3 2014 | 2014-09-30 | $131.8M | $67.3M | +104.52% | — |
| Q2 2014 | 2014-06-30 | $125.0M | $26.2M | +26.47% | — |
| Q1 2014 | 2014-03-31 | $132.5M | $43.8M | +49.34% | — |
| Q4 2013 | 2013-12-31 | $76.8M | $10.3M | +15.51% | — |
| Q3 2013 | 2013-09-30 | $64.4M | −$11.5M | −15.10% | — |
| Q2 2013 | 2013-06-30 | $98.9M | $5.8M | +6.27% | — |
| Q1 2013 | 2013-03-31 | $88.8M | $101.2M | — | — |
| Q4 2012 | 2012-12-31 | $66.5M | $4.5M | +7.34% | — |
| Q3 2012 | 2012-09-30 | $75.9M | −$5.1M | −6.27% | — |
| Q2 2012 | 2012-06-30 | $93.0M | $17.9M | +23.76% | — |
| Q1 2012 | 2012-03-31 | −$12.5M | −$54.4M | — | — |
| Q4 2011 | 2011-12-31 | $61.9M | $11.0M | +21.56% | — |
| Q3 2011 | 2011-09-30 | $81.0M | $43.3M | +114.69% | — |
| Q2 2011 | 2011-06-30 | $75.2M | $28.0M | +59.46% | — |
| Q1 2011 | 2011-03-31 | $41.9M | $1.7M | +4.24% | — |
| Q4 2010 | 2010-12-31 | $51.0M | $15.0M | +41.72% | — |
| Q3 2010 | 2010-09-30 | $37.7M | — | — | — |
| Q2 2010 | 2010-06-30 | $47.1M | — | — | — |
| Q1 2010 | 2010-03-31 | $40.2M | — | — | — |
| Q3 2009 | 2009-09-30 | $36.0M | — | — | — |
Chipotle Mexican Grill free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $290.5M to $1.45B, a compound annual growth rate of 37.88%. Chipotle Mexican Grill's latest reported quarter, Q2 2026, generated $463.4M in free cash flow, an increase of 15.63% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Chipotle Mexican Grill filings at SEC.gov ↗