Chipotle Mexican Grill (CMG) FCF Margin (2010 - 2026)
Chipotle Mexican Grill (CMG) recorded FCF Margin of 13.84% in Q2 2026, up 0.76 percentage points from 13.08% a year earlier but down 1.41 percentage points from the prior quarter.
Chipotle Mexican Grill (CMG) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Chipotle Mexican Grill's FCF Margin came in at 12.63% as of Jun 30, 2026, down 0.03 percentage points year-over-year; for FY2025, it was 12.14%, down 1.22 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +7.28 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 13.36% in FY2024 (+0.97 pp), 12.39% in FY2023 (+2.61 pp), 9.77% in FY2022 (-1.35 pp) and 11.12% in FY2021 (+6.27 pp).
- Quarterly FCF Margin has ranged from 3.72% in Q4 2023 to 17.71% in Q2 2023 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +0.26 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 16.86 percentage points in Q4 2021, against a drop of 8.11 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.25% (Q1 2026), 7.66% (Q4 2025) and 13.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 26.79% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 14.49% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 18.76% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 13.84% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 19.01% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 3.09% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 19.01% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 9.53% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 4.85% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.84% |
| Mar 31, 2026 | 15.25% |
| Dec 31, 2025 | 7.66% |
| Sep 30, 2025 | 13.52% |
| Jun 30, 2025 | 13.08% |
| Mar 31, 2025 | 14.34% |
| Dec 31, 2024 | 12.44% |
| Sep 30, 2024 | 10.70% |
| Jun 30, 2024 | 14.20% |
| Mar 31, 2024 | 16.16% |
| Dec 31, 2023 | 3.72% |
| Sep 30, 2023 | 14.13% |
| Jun 30, 2023 | 17.71% |
| Mar 31, 2023 | 14.13% |
| Dec 31, 2022 | 11.83% |
| Sep 30, 2022 | 9.59% |
| Jun 30, 2022 | 8.42% |
| Mar 31, 2022 | 9.24% |
| Dec 31, 2021 | 16.14% |
| Sep 30, 2021 | 8.83% |
Chipotle Mexican Grill FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();