Chipotle Mexican Grill (CMG) Free Cash Flow (2009 - 2026)
Chipotle Mexican Grill (CMG) reported Free Cash Flow of $471.0 million for Q1 2026, down 2.01% year-over-year from $480.7 million in Q1 2025, and up 438.83% on a QoQ basis from -$139.0 million in Q4 2025.
Chipotle Mexican Grill (CMG) has 18 years of Free Cash Flow data on file, last reported at $471.0 million in Q1 2026.
- Quarterly Free Cash Flow fell 2.01% year-over-year to $471.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 28.04% YoY) and the FY2025 annual result came in at $1.4 billion, down 28.42% from the prior year.
- Free Cash Flow grew to $471.0 million in Q1 2026 per CMG's latest filing, from -$139.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $864.9 million in Q4 2024 and bottomed at -$139.0 million in Q4 2025.
- The 5-year median for Free Cash Flow is $334.7 million (2023), against an average of $353.4 million.
- The widest annual swing landed in 2024, when Free Cash Flow soared 824.69%; it then plunged 116.07% in 2025.
- Tracing CMG's Free Cash Flow over 5 years: stood at $257.9 million in 2022, then tumbled by 63.74% to $93.5 million in 2023, then soared by 824.69% to $864.9 million in 2024, then tumbled by 116.07% to -$139.0 million in 2025, then jumped by 438.83% to $471.0 million in 2026.
- Per Business Quant, the three latest CMG Free Cash Flow figures stand at $471.0 million (Q1 2026), -$139.0 million (Q4 2025), and $773.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 91.80 Mn |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 341.00 Mn |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 471.02 Mn |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 169.00 Mn |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | 451.90 Mn |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 406.00 Mn |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 178.92 Mn |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 146.91 Mn |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 2.87 Mn |
| 10 | Dutch Bros | 7.47 Bn | 7.43 Bn | 107.48 Mn | 64.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 471.02 Mn |
| Mar 31, 2026 | 471.02 Mn |
| Dec 31, 2025 | -139.01 Mn |
| Dec 31, 2025 | -139.01 Mn |
| Sep 30, 2025 | 773.60 Mn |
| Sep 30, 2025 | 773.60 Mn |
| Jun 30, 2025 | 332.32 Mn |
| Jun 30, 2025 | 332.32 Mn |
| Mar 31, 2025 | 480.69 Mn |
| Mar 31, 2025 | 480.69 Mn |
| Dec 31, 2024 | 864.85 Mn |
| Dec 31, 2024 | 864.85 Mn |
| Sep 30, 2024 | 298.97 Mn |
| Sep 30, 2024 | 298.97 Mn |
| Jun 30, 2024 | 353.59 Mn |
| Jun 30, 2024 | 353.59 Mn |
| Mar 31, 2024 | 505.03 Mn |
| Mar 31, 2024 | 505.03 Mn |
| Dec 31, 2023 | 93.53 Mn |
| Dec 31, 2023 | 93.53 Mn |
| Sep 30, 2023 | 349.27 Mn |
| Sep 30, 2023 | 349.27 Mn |
| Jun 30, 2023 | 445.28 Mn |
| Jun 30, 2023 | 445.28 Mn |
| Mar 31, 2023 | 334.67 Mn |
| Mar 31, 2023 | 334.67 Mn |
| Dec 31, 2022 | 257.93 Mn |
| Dec 31, 2022 | 257.93 Mn |
| Sep 30, 2022 | 212.90 Mn |
| Sep 30, 2022 | 212.90 Mn |
| Jun 30, 2022 | 186.45 Mn |
| Jun 30, 2022 | 186.45 Mn |
| Mar 31, 2022 | 186.74 Mn |
| Mar 31, 2022 | 186.74 Mn |
| Dec 31, 2021 | 316.51 Mn |
| Dec 31, 2021 | 316.51 Mn |
| Sep 30, 2021 | 172.36 Mn |
| Sep 30, 2021 | 172.36 Mn |
| Jun 30, 2021 | 131.38 Mn |
| Jun 30, 2021 | 131.38 Mn |
| Mar 31, 2021 | 219.35 Mn |
| Mar 31, 2021 | 219.35 Mn |
| Dec 31, 2020 | -11.47 Mn |
| Dec 31, 2020 | -11.47 Mn |
| Sep 30, 2020 | 162.49 Mn |
| Sep 30, 2020 | 162.49 Mn |
| Jun 30, 2020 | 35.06 Mn |
| Jun 30, 2020 | 35.06 Mn |
| Mar 31, 2020 | 104.42 Mn |
| Mar 31, 2020 | 104.42 Mn |
| Dec 31, 2019 | 90.64 Mn |
| Dec 31, 2019 | 90.64 Mn |
| Sep 30, 2019 | 138.57 Mn |
| Sep 30, 2019 | 138.57 Mn |
| Jun 30, 2019 | 40.16 Mn |
| Jun 30, 2019 | 40.16 Mn |
| Mar 31, 2019 | 118.36 Mn |
| Mar 31, 2019 | 118.36 Mn |
| Dec 31, 2018 | 51.66 Mn |
| Dec 31, 2018 | 51.66 Mn |
| Sep 30, 2018 | 115.59 Mn |
| Sep 30, 2018 | 115.59 Mn |
| Jun 30, 2018 | 23.32 Mn |
| Jun 30, 2018 | 23.32 Mn |
| Mar 31, 2018 | 143.59 Mn |
| Mar 31, 2018 | 143.59 Mn |
| Dec 31, 2017 | 37.64 Mn |
| Dec 31, 2017 | 37.64 Mn |
| Sep 30, 2017 | 83.89 Mn |
| Sep 30, 2017 | 83.89 Mn |
| Jun 30, 2017 | 36.41 Mn |
| Jun 30, 2017 | 36.41 Mn |
| Mar 31, 2017 | 93.50 Mn |
| Mar 31, 2017 | 93.50 Mn |
| Dec 31, 2016 | 7.50 Mn |
| Dec 31, 2016 | 7.50 Mn |
| Sep 30, 2016 | 35.87 Mn |
| Sep 30, 2016 | 35.87 Mn |
| Jun 30, 2016 | 54.20 Mn |
| Jun 30, 2016 | 54.20 Mn |
| Mar 31, 2016 | -1.24 Mn |
| Mar 31, 2016 | -1.24 Mn |
| Dec 31, 2015 | 19.18 Mn |
| Dec 31, 2015 | 19.18 Mn |
| Sep 30, 2015 | 119.99 Mn |
| Sep 30, 2015 | 119.99 Mn |
| Jun 30, 2015 | 103.38 Mn |
| Jun 30, 2015 | 103.38 Mn |
| Mar 31, 2015 | 183.36 Mn |
| Mar 31, 2015 | 183.36 Mn |
| Dec 31, 2014 | 40.12 Mn |
| Dec 31, 2014 | 40.12 Mn |
| Sep 30, 2014 | 131.77 Mn |
| Sep 30, 2014 | 131.77 Mn |
| Jun 30, 2014 | 125.04 Mn |
| Jun 30, 2014 | 125.04 Mn |
| Mar 31, 2014 | 132.55 Mn |
| Mar 31, 2014 | 132.55 Mn |
| Dec 31, 2013 | 76.80 Mn |
| Dec 31, 2013 | 76.80 Mn |
| Sep 30, 2013 | 64.43 Mn |
| Sep 30, 2013 | 64.43 Mn |
| Jun 30, 2013 | 98.87 Mn |
| Jun 30, 2013 | 98.87 Mn |
| Mar 31, 2013 | 88.76 Mn |
| Mar 31, 2013 | 88.76 Mn |
| Dec 31, 2012 | 66.49 Mn |
| Dec 31, 2012 | 66.49 Mn |
| Sep 30, 2012 | 75.89 Mn |
| Sep 30, 2012 | 75.89 Mn |
| Jun 30, 2012 | 93.03 Mn |
| Jun 30, 2012 | 93.03 Mn |
| Mar 31, 2012 | -12.49 Mn |
| Mar 31, 2012 | -12.49 Mn |
| Dec 31, 2011 | -22.35 Mn |
| Dec 31, 2011 | -22.35 Mn |
| Sep 30, 2011 | 165.27 Mn |
| Sep 30, 2011 | 165.27 Mn |
| Jun 30, 2011 | 75.17 Mn |
| Jun 30, 2011 | 75.17 Mn |
| Mar 31, 2011 | 41.87 Mn |
| Mar 31, 2011 | 41.87 Mn |
| Dec 31, 2010 | 162.69 Mn |
| Dec 31, 2010 | 162.69 Mn |
| Sep 30, 2010 | -4.28 Mn |
| Sep 30, 2010 | -4.28 Mn |
| Jun 30, 2010 | 68.64 Mn |
| Jun 30, 2010 | 68.64 Mn |
| Mar 31, 2010 | 60.66 Mn |
| Mar 31, 2010 | 60.66 Mn |
| Dec 31, 2009 | 161.77 Mn |
| Dec 31, 2009 | 161.77 Mn |
| Sep 30, 2009 | 35.96 Mn |
| Sep 30, 2009 | 35.96 Mn |