Growth Metrics

Chipotle Mexican Grill (CMG) FCF Margin (2010 - 2026)

Chipotle Mexican Grill (CMG) reported FCF Margin of 15.25% for Q1 2026, down 147.0% year-over-year from 32.45% in Q1 2025, and up 427.34% on a QoQ basis from 4.66% in Q4 2025.

Chipotle Mexican Grill (CMG) has 17 years of FCF Margin data on file, last reported at 15.25% in Q1 2026.

  • Quarterly FCF Margin fell 147.0% year-over-year to 15.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.85% (down 555.0% YoY) and the FY2025 annual result came in at 12.14%, down 574.0% from the prior year.
  • FCF Margin improved to 15.25% in Q1 2026 per CMG's latest filing, from 4.66% in the prior quarter.
  • Across five years, FCF Margin topped out at 30.4% in Q4 2024 and bottomed at 4.66% in Q4 2025.
  • The 5-year median for FCF Margin is 11.89% (2024), against an average of 13.2%.
  • The widest annual swing landed in 2024, when FCF Margin surged 2668 bps; it then slumped 3506 bps in 2025.
  • Tracing CMG's FCF Margin over 5 years: stood at 11.83% in 2022, then tumbled by 69 bps to 3.72% in 2023, then soared by 718 bps to 30.4% in 2024, then tumbled by 115 bps to 4.66% in 2025, then jumped by 427 bps to 15.25% in 2026.
  • Per Business Quant, the three latest CMG FCF Margin figures stand at 15.25% (Q1 2026), 4.66% (Q4 2025), and 25.76% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 0.96%
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 16.56%
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 15.25%
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 7.46%
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 13.51%
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 12.41%
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 10.96%
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 12.77%
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 1.04%
10 Dutch Bros 7.47 Bn 7.43 Bn 107.48 Mn 13.98%

Historic Data

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DateValue
Mar 31, 2026 15.25%
Dec 31, 2025 -4.66%
Sep 30, 2025 25.76%
Jun 30, 2025 10.85%
Mar 31, 2025 16.72%
Dec 31, 2024 30.40%
Sep 30, 2024 10.70%
Jun 30, 2024 11.89%
Mar 31, 2024 18.69%
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%
Jun 30, 2021 6.94%
Mar 31, 2021 12.60%
Dec 31, 2020 -0.71%
Sep 30, 2020 10.15%
Jun 30, 2020 2.57%
Mar 31, 2020 7.40%
Dec 31, 2019 6.29%
Sep 30, 2019 9.87%
Jun 30, 2019 2.80%
Mar 31, 2019 9.05%
Dec 31, 2018 4.22%
Sep 30, 2018 9.44%
Jun 30, 2018 1.84%
Mar 31, 2018 12.50%
Dec 31, 2017 3.39%
Sep 30, 2017 7.44%
Jun 30, 2017 3.11%
Mar 31, 2017 8.75%
Dec 31, 2016 0.72%
Sep 30, 2016 3.46%
Jun 30, 2016 5.43%
Mar 31, 2016 -0.15%
Dec 31, 2015 1.92%
Sep 30, 2015 9.86%
Jun 30, 2015 8.63%
Mar 31, 2015 16.84%
Dec 31, 2014 3.75%
Sep 30, 2014 12.15%
Jun 30, 2014 11.91%
Mar 31, 2014 14.66%
Dec 31, 2013 9.10%
Sep 30, 2013 7.79%
Jun 30, 2013 12.10%
Mar 31, 2013 12.21%
Dec 31, 2012 9.51%
Sep 30, 2012 10.83%
Jun 30, 2012 13.46%
Mar 31, 2012 -1.95%
Dec 31, 2011 -3.75%
Sep 30, 2011 27.92%
Jun 30, 2011 13.15%
Mar 31, 2011 8.22%
Dec 31, 2010 33.72%
Sep 30, 2010 -0.90%
Jun 30, 2010 14.70%
Mar 31, 2010 14.81%