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

Chipotle Mexican Grill's (CMG) quarterly FCF Margin came in at 15.25% in Q1 2026, up 91.0% year-on-year from 7.99% in Q1 2025, and up 99.24% on a QoQ basis from 7.66% in Q4 2025.

Chipotle Mexican Grill (CMG) FCF Margin (2010 - 2026) Analysis & Trends

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

  • On a quarterly basis, FCF Margin rose 91.0% year-over-year to 15.25% in Q1 2026; TTM through Mar 2026 was 12.41%, a 54.0% decrease from a year earlier, with the FY2025 full-year figure at 12.14%, down 122.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 15.25%, up from 7.66% in the prior quarter.
  • Over the last five years, FCF Margin for CMG reached as high as 26.55% in Q3 2023 and fell as low as 7.66% in Q4 2025.
  • Historically, FCF Margin has averaged 14.36% across 5 years, with a median of 14.2% in 2024.
  • On a YoY basis, FCF Margin climbed as much as 1325 bps in 2022 and fell as far as 1768 bps in 2022.
  • Year by year, FCF Margin stood at 17.78% in 2022, then plunged by 39 bps to 10.76% in 2023, then gained by 16 bps to 12.44% in 2024, then sank by 38 bps to 7.66% in 2025, then surged by 99 bps to 15.25% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 15.25% in Q1 2026, 7.66% in Q4 2025, and 13.52% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Starbucks 118.28 Bn 116.58 Bn 6.32 Bn 0.96%
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 16.56%
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 15.25%
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 7.46%
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 2.69%
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 12.41%
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 13.93%
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 13.96%
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 5.97%
10 Brinker International 8.13 Bn 8.07 Bn 1.10 Bn 17.03%

Historic Data

Download Data
DateValue
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 10.76%
Sep 30, 2023 26.55%
Jun 30, 2023 15.45%
Mar 31, 2023 16.52%
Dec 31, 2022 17.78%
Sep 30, 2022 22.08%
Jun 30, 2022 8.42%
Mar 31, 2022 9.24%
Dec 31, 2021 35.46%
Sep 30, 2021 8.83%
Jun 30, 2021 6.94%