Chipotle Mexican Grill Inc (CMG) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.54x

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. Check CMG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.54x
(Capex + Investments) / Operating CF

Total Reinvested

$352.59 Million
Capex + Investments

Operating Cash Flow

$651.35 Million
USD

Capital Expenditures

$180.33 Million
USD

Chipotle Mexican Grill Inc Cash Flow Reinvestment Rate (2003–2025)

Historical reinvestment intensity for Chipotle Mexican Grill Inc across 23 annual periods. Explore CMG long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Chipotle Mexican Grill Inc (2003–2025)

Year-by-year capital reinvestment analysis for Chipotle Mexican Grill Inc. For live market cap and broader valuation context, see CMG stock market capitalisation.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow