Chipotle Mexican Grill (CMG) FCF Margin (2010 - 2026)
Chipotle Mexican Grill's (CMG) quarterly FCF Margin came in at 13.84% in Q2 2026, up 76.0% year-over-year from 7.86% in Q2 2025, and down 9.27% quarter-over-quarter from 15.25% in Q1 2026.
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Analysis
Chipotle Mexican Grill (CMG) FCF Margin (2010 - 2026) Analysis & Trends
Chipotle Mexican Grill (CMG) has reported FCF Margin for 17 consecutive years, with 13.84% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 76.0% year-over-year to 13.84% in Q2 2026; TTM through Jun 2026 was 12.63%, a 3.0% decrease from a year earlier, with the FY2025 full-year figure at 12.14%, down 122.0% from the prior year.
- FCF Margin was 13.84% for Q2 2026 at Chipotle Mexican Grill, down from 15.25% in the prior quarter.
- Over five years, FCF Margin peaked at 17.71% in Q2 2023 and troughed at 3.72% in Q4 2023.
- A 5-year average of 12.22% and a median of 13.3% in 2025 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 928 bps in 2023, down 811 bps in 2023.
- Over 5 years, FCF Margin stood at 11.83% in 2022, then slumped by 69 bps to 3.72% in 2023, then jumped by 235 bps to 12.44% in 2024, then sank by 38 bps to 7.66% in 2025, then soared by 81 bps to 13.84% in 2026.
- The last three FCF Margin figures came in at 13.84% (Q2 2026), 15.25% (Q1 2026), and 7.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 27.83% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 14.49% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 13.84% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 18.76% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 19.01% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 10.19% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 19.01% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 9.53% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 4.85% |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 13.96% |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();