Chipotle Mexican Grill Inc (CMG) — Cash Flow Reinvestment Rate
Chipotle Mexican Grill Inc (CMG) has a Cash Flow Reinvestment Rate of 0.54x as of March 2026, reinvesting $352.59 Million (capex $180.33 Million plus investments $172.26 Million) from operating cash flow of $651.35 Million. See CMG FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Chipotle Mexican Grill Inc Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Chipotle Mexican Grill Inc across 23 annual periods. For the full cash flow conversion analysis, see Chipotle Mexican Grill Inc cash flow conversion.
Annual Cash Flow Reinvestment Rate for Chipotle Mexican Grill Inc (2003–2025)
Year-by-year capital reinvestment analysis for Chipotle Mexican Grill Inc. See Chipotle Mexican Grill Inc (CMG) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.61x | $1.30 Billion | $2.11 Billion | $666.34 Million | ▼ -9.7% |
| 2024 | 0.68x | $1.43 Billion | $2.11 Billion | $593.60 Million | ▼ -21.2% |
| 2023 | 0.86x | $1.54 Billion | $1.78 Billion | $560.73 Million | ▲ +37.5% |
| 2022 | 0.63x | $830.03 Million | $1.32 Billion | $479.16 Million | ▲ +52.9% |
| 2021 | 0.41x | $526.08 Million | $1.28 Billion | $442.48 Million | ▼ -37.0% |
| 2020 | 0.65x | $432.72 Million | $663.85 Million | $373.35 Million | ▲ +30.0% |
| 2019 | 0.50x | $361.88 Million | $721.63 Million | $333.91 Million | ▼ -19.6% |
| 2018 | 0.62x | $387.58 Million | $621.55 Million | $287.39 Million | ▼ -16.1% |
| 2017 | 0.74x | $346.98 Million | $467.11 Million | $216.78 Million | ▼ -69.3% |
| 2016 | 2.42x | $844.49 Million | $349.24 Million | $258.84 Million | ▲ +256.0% |
| 2015 | 0.68x | $464.14 Million | $683.32 Million | $257.42 Million | ▼ -10.7% |
| 2014 | 0.76x | $518.84 Million | $682.07 Million | $252.59 Million | ▼ -6.1% |
| 2013 | 0.81x | $428.31 Million | $528.78 Million | $199.93 Million | ▼ -4.3% |
| 2012 | 0.85x | $355.50 Million | $419.96 Million | $197.04 Million | ▲ +65.5% |
| 2011 | 0.51x | $210.22 Million | $411.10 Million | $151.15 Million | ▼ -22.1% |
| 2010 | 0.66x | $189.88 Million | $289.19 Million | $113.22 Million | ▲ +46.0% |
| 2009 | 0.45x | $117.20 Million | $260.67 Million | $117.20 Million | ▼ -41.3% |
| 2008 | 0.77x | $152.10 Million | $198.51 Million | $152.10 Million | ▼ -19.9% |
| 2007 | 0.96x | $140.54 Million | $146.92 Million | $140.54 Million | ▲ +1.8% |
| 2006 | 0.94x | $97.31 Million | $103.60 Million | $97.31 Million | ▼ -12.4% |
| 2005 | 1.07x | $83.04 Million | $77.43 Million | $83.04 Million | ▼ -55.5% |
| 2004 | 2.41x | $95.61 Million | $39.67 Million | $95.61 Million | ▼ -38.2% |
| 2003 | 3.90x | $86.11 Million | $22.07 Million | $86.11 Million | — |