Chipotle Mexican Grill Inc (CMG) — Free Cash Flow Generation Index

Latest as of March 2026: 0.72x

Chipotle Mexican Grill Inc (CMG) has a Free Cash Flow Generation Index of 0.72x as of March 2026. Free cash flow of $471.02 Million represents 1% of operating cash flow ($651.35 Million). Read CMG total debt and obligations for a breakdown of total debt and financial obligations.

FCF Generation Index

0.72x
Free Cash Flow / Operating CF

Free Cash Flow

$471.02 Million
USD

Operating Cash Flow

$651.35 Million
USD

Capital Expenditures

$180.33 Million
USD

Chipotle Mexican Grill Inc Free Cash Flow Generation Index (2003–2025)

Historical FCF Generation Index trend for Chipotle Mexican Grill Inc across 23 annual periods. Explore CMG capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Chipotle Mexican Grill Inc (2003–2025)

Year-by-year Free Cash Flow Generation Index for Chipotle Mexican Grill Inc. For the full company profile including market capitalisation, see market cap of Chipotle Mexican Grill Inc.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.68x $1.45 Billion $2.11 Billion $666.34 Million ▼ -4.6%
2024 0.72x $1.51 Billion $2.11 Billion $593.60 Million ▲ +4.7%
2023 0.69x $1.22 Billion $1.78 Billion $560.73 Million ▲ +7.5%
2022 0.64x $844.01 Million $1.32 Billion $479.16 Million ▼ -2.6%
2021 0.65x $839.61 Million $1.28 Billion $442.48 Million ▲ +49.7%
2020 0.44x $290.50 Million $663.85 Million $373.35 Million ▼ -18.6%
2019 0.54x $387.72 Million $721.63 Million $333.91 Million ▼ -0.1%
2018 0.54x $334.16 Million $621.55 Million $287.39 Million ▲ +0.3%
2017 0.54x $250.33 Million $467.11 Million $216.78 Million ▲ +107.0%
2016 0.26x $90.40 Million $349.24 Million $258.84 Million ▼ -58.5%
2015 0.62x $425.90 Million $683.32 Million $257.42 Million ▼ -1.0%
2014 0.63x $429.48 Million $682.07 Million $252.59 Million ▲ +1.2%
2013 0.62x $328.85 Million $528.78 Million $199.93 Million ▲ +17.2%
2012 0.53x $222.93 Million $419.96 Million $197.04 Million ▼ -16.1%
2011 0.63x $259.95 Million $411.10 Million $151.15 Million ▲ +3.9%
2010 0.61x $175.98 Million $289.19 Million $113.22 Million ▲ +10.6%
2009 0.55x $143.47 Million $260.67 Million $117.20 Million ▲ +135.4%
2008 0.23x $46.41 Million $198.51 Million $152.10 Million ▲ +438.5%
2007 0.04x $6.38 Million $146.92 Million $140.54 Million ▼ -28.4%
2006 0.06x $6.29 Million $103.60 Million $97.31 Million ▲ +183.8%
2005 -0.07x $-5.61 Million $77.43 Million $83.04 Million ▲ +94.9%
2004 -1.41x $-55.94 Million $39.67 Million $95.61 Million ▼ -128.8%
2003 4.90x $108.18 Million $22.07 Million $86.11 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).