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Chipotle Mexican Grill (CMG) Cash Flow Waterfall

Trace Chipotle Mexican Grill's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$2.21B

Capex

−$701.86M

Free Cash Flow

$1.51B

FCF Margin

+68.2%

Cash flow waterfall for Chipotle Mexican Grill (CMG) — TTM through Q1 2026

Free cash flow: $1.51B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Chipotle Mexican Grill (CMG) — TTM through Q1 2026

  • Operating Cash Flow$2.21B
  • Capital Expenditure−$701.86M
  • Free Cash Flow$1.51B
  • Other Investing$652.62M
  • Share Buybacks−$2.57B
  • Other Financing & FX−$63.62M
  • Net Cash Decrease−$478.30M
Want to see what drove the FCF change?Free Cash Flow Bridge

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