Cash Flow Statement

Operating Cash Flow

+60%

+218%

10Y

Currency: USD

	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025	Dec-2025
Operating Cash Flow
Net Income	9	29	30	38	43	28	35	41	46	55	64	71	75	80	79	78	86	97	112	127	139	150	164	179	188	192	204	215	231	262	274	278	292	298	309	327	334	356	404	445	485	515	529	476	327	212	75	23	95	137	148	176	190	170	188	177	205	249	310	350	338	256	237	356	406	586	710	653	684	756	809	899	1 032	1 114	1 170	1 229	1 296	1 410	1 484	1 534	1 561	1 542	1 537	1 536
Depreciation & Amortization	28	25	26	28	30	31	33	34	36	39	41	44	46	48	50	53	55	58	59	61	63	65	67	69	71	72	74	75	77	79	81	84	87	90	93	96	99	102	106	110	115	121	126	130	135	138	142	146	151	156	160	163	171	179	190	202	209	211	211	213	217	226	234	239	243	245	248	255	263	271	279	287	292	301	308	319	326	331	337	335	339	346	353	361
Change in Deffered Taxes	11	10	0	(3)	(3)	(5)	(6)	(2)	(2)	(3)	(5)	(4)	1	9	19	13	13	14	10	8	2	(7)	(5)	10	16	26	25	11	10	1	(6)	(18)	(22)	(9)	(6)	2	6	(11)	(24)	(21)	(28)	(28)	(14)	12	19	28	25	(14)	(20)	(24)	(26)	(18)	(9)	5	20	11	7	(13)	(31)	30	56	91	99	108	68	37	53	(12)	(13)	(12)	(20)	(43)	(30)	(20)	(22)	(10)	(14)	(23)	(32)	(43)	(45)	(47)	61	79
Stock-Based Compensation	0	0	0	2	2	3	4	5	4	5	6	8	8	8	10	11	13	14	14	15	16	19	21	21	26	32	36	41	53	57	61	64	59	61	63	64	76	91	95	96	86	74	74	58	51	49	47	64	70	71	70	65	61	52	59	69	76	86	87	91	90	92	86	83	121	145	161	176	145	126	115	98	95	97	107	124	140	155	123	132	133	126	140	120
Other Non-Cash Items	(6)	(20)	(6)	(1)	5	22	13	8	13	10	13	15	6	13	9	21	34	17	32	21	33	34	31	13	4	32	44	12	(32)	(31)	(27)	(2)	132	106	97	33	(5)	37	39	82	72	13	1	(3)	(1)	44	73	86	94	93	82	79	75	111	117	128	172	176	216	260	270	284	290	300	292	269	234	189	153	124	113	102	102	120	124	150	164	179	161	153	156	150	159	131
Cash Taxes Paid	0	0	0	0	0	0	0	26	0	0	0	49	0	0	0	38	0	0	0	54	0	0	0	112	0	0	0	56	0	0	0	138	0	0	0	161	0	0	0	281	0	0	0	249	0	0	0	24	0	0	0	120	0	0	0	67	0	69	103	110	143	41	15	85	44	193	(87)	(18)	(13)	13	373	276	278	170	103	400	392	644	754	533	532	535	443	423
Cash Interest Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in Working Capital	9	11	11	15	15	19	24	22	18	20	23	22	37	30	36	33	24	32	13	43	20	33	20	18	19	13	38	98	86	97	92	78	26	32	21	71	150	137	164	65	100	101	79	68	23	40	61	108	117	52	83	68	92	55	66	104	10	3	(41)	(131)	(160)	(131)	(124)	(339)	(222)	(216)	(288)	197	171	149	179	79	99	276	340	95	125	(19)	(107)	126	82	100	106	6
Cash from Operating Activities	51 N/A	54 +6%	61 +14%	77 +27%	90 +16%	96 +7%	98 +3%	104 +5%	111 +7%	121 +8%	136 +13%	147 +8%	164 +12%	181 +10%	192 +6%	199 +3%	213 +7%	218 +2%	227 +4%	261 +15%	258 -1%	275 +7%	278 +1%	289 +4%	298 +3%	335 +13%	384 +15%	411 +7%	372 -9%	407 +9%	414 +2%	420 +1%	516 +23%	517 +0%	515 0%	529 +3%	583 +10%	621 +7%	690 +11%	682 -1%	745 +9%	723 -3%	721 0%	683 -5%	502 -26%	462 -8%	376 -19%	349 -7%	438 +25%	413 -6%	447 +8%	468 +5%	519 +11%	520 +0%	581 +12%	622 +7%	603 -3%	627 +4%	664 +6%	722 +9%	721 0%	726 +1%	735 +1%	664 -10%	788 +19%	922 +17%	959 +4%	1 282 +34%	1 259 -2%	1 289 +2%	1 360 +6%	1 323 -3%	1 495 +13%	1 791 +20%	1 920 +7%	1 783 -7%	1 898 +6%	1 878 -1%	1 844 -2%	2 105 +14%	2 093 -1%	2 092 0%	2 215 +6%	2 114 -5%
Investing Cash Flow
Capital Expenditures	(114)	(85)	(77)	(83)	(79)	(82)	(92)	(97)	(115)	(123)	(133)	(141)	(141)	(149)	(152)	(152)	(147)	(133)	(122)	(117)	(110)	(107)	(108)	(113)	(120)	(129)	(135)	(151)	(167)	(184)	(196)	(197)	(192)	(187)	(196)	(200)	(211)	(223)	(224)	(253)	(265)	(264)	(274)	(257)	(261)	(270)	(268)	(259)	(253)	(246)	(232)	(217)	(217)	(232)	(261)	(287)	(294)	(301)	(315)	(334)	(347)	(357)	(343)	(373)	(382)	(420)	(447)	(442)	(452)	(427)	(457)	(479)	(503)	(540)	(532)	(561)	(573)	(576)	(593)	(594)	(606)	(626)	(642)	(666)
Other Items	0	0	0	0	0	0	0	0	(1)	(6)	(6)	(26)	(5)	0	0	(80)	0	0	0	50	(105)	(105)	(90)	(77)	(1)	(22)	(47)	(59)	(140)	(170)	(178)	(158)	(113)	(199)	(217)	(228)	(254)	(147)	(261)	(266)	(270)	(254)	(193)	(207)	423	437	525	586	0	60	20	130	106	47	108	(100)	(106)	(65)	(98)	42	89	120	25	(59)	(108)	(175)	(85)	(80)	(87)	(106)	(348)	(351)	(429)	(668)	(445)	(385)	(438)	(379)	(261)	(244)	75	434	498	631
Cash from Investing Activities	(114) N/A	(85) +25%	(77) +10%	(83) -8%	(79) +5%	(82) -4%	(92) -13%	(97) -6%	(116) -19%	(129) -11%	(139) -8%	(166) -20%	(146) +12%	(149) -2%	(152) -2%	(232) -52%	(147) +37%	(133) +10%	(122) +8%	(67) +45%	(215) -220%	(212) +1%	(198) +7%	(190) +4%	(121) +36%	(151) -25%	(182) -20%	(210) -16%	(306) -46%	(353) -15%	(373) -6%	(355) +5%	(305) +14%	(386) -27%	(413) -7%	(428) -4%	(464) -8%	(369) +20%	(484) -31%	(519) -7%	(535) -3%	(518) +3%	(467) +10%	(464) +1%	162 N/A	167 +3%	257 +54%	327 +27%	(253) N/A	(186) +27%	(212) -14%	(87) +59%	(111) -28%	(185) -67%	(153) +17%	(388) -153%	(400) -3%	(366) +8%	(413) -13%	(292) +29%	(258) +12%	(237) +8%	(318) -34%	(433) -36%	(490) -13%	(595) -22%	(533) +11%	(522) +2%	(539) -3%	(533) +1%	(805) -51%	(830) -3%	(933) -12%	(1 209) -30%	(978) +19%	(946) +3%	(1 011) -7%	(956) +6%	(854) +11%	(838) +2%	(530) +37%	(192) +64%	(143) +25%	(35) +76%
Financing Cash Flow
Net Issuance of Common Stock	65	0	0	0	134	135	136	136	2	2	3	4	4	3	2	(30)	(49)	(79)	(89)	(72)	(67)	(76)	(114)	(109)	(108)	(78)	(50)	(63)	(77)	(80)	(104)	(217)	(240)	(258)	(232)	(139)	(101)	(108)	(105)	(88)	(99)	(154)	(172)	(461)	(1 021)	(1 044)	(1 085)	(838)	(313)	(241)	(275)	(285)	(299)	(283)	(193)	(161)	(141)	(171)	(196)	(191)	(192)	(133)	(93)	(54)	(57)	(203)	(301)	(466)	(673)	(785)	(796)	(830)	(694)	(530)	(638)	(592)	(493)	(543)	(818)	(1 002)	(1 528)	(1 826)	(2 023)	(2 426)
Net Issuance of Debt	3	36	19	3	(9)	(13)	(2)	3	7	1	(0)	(0)	(6)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	(0)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other	(3)	2	(2)	3	(5)	(0)	15	8	21	19	10	13	13	5	3	0	1	7	10	10	12	7	6	15	21	41	47	39	98	83	75	73	7	4	16	38	45	44	34	22	23	70	83	74	64	18	2	1	1	(1)	(1)	(1)	(1)	(1)	(5)	(6)	(16)	(16)	(12)	(11)	(48)	(50)	(50)	(50)	(48)	(62)	(66)	(82)	(123)	(114)	(109)	(99)	(80)	(74)	(74)	(68)	(74)	(74)	(73)	(72)	(30)	(31)	(45)	(45)
Cash from Financing Activities	66 N/A	38 -43%	18 -54%	6 -68%	120 +2 023%	122 +1%	149 +23%	147 -1%	30 -80%	22 -26%	13 -41%	17 +29%	10 -43%	8 -17%	5 -39%	(30) N/A	(48) -64%	(72) -49%	(78) -8%	(62) +21%	(55) +12%	(69) -26%	(108) -56%	(95) +12%	(87) +8%	(37) +57%	(3) +92%	(24) -699%	22 N/A	2 -89%	(29) N/A	(144) -391%	(234) -63%	(254) -9%	(215) +15%	(100) +53%	(55) +45%	(65) -17%	(71) -10%	(67) +6%	(75) -13%	(84) -12%	(89) -5%	(386) -336%	(957) -148%	(1 026) -7%	(1 083) -6%	(836) +23%	(312) +63%	(242) +22%	(276) -14%	(286) -3%	(299) -5%	(284) +5%	(197) +30%	(167) +16%	(157) +5%	(187) -19%	(208) -11%	(202) +3%	(240) -19%	(183) +24%	(143) +22%	(105) +27%	(105) 0%	(265) -152%	(367) -39%	(549) -49%	(796) -45%	(899) -13%	(905) -1%	(929) -3%	(774) +17%	(604) +22%	(712) -18%	(661) +7%	(567) +14%	(617) -9%	(890) -44%	(1 074) -21%	(1 559) -45%	(1 857) -19%	(2 068) -11%	(2 471) -19%
Change in Cash
Effect of Foreign Exchange Rates	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	1	1	(0)	(0)	(0)	(1)	(0)	0	(0)	0	1	1	1	1	0	(0)	(3)	(3)	(3)	(4)	1	(1)	0	0	(1)	(0)	1	2	2	0	(1)	(1)	(1)	(0)	(0)	0	(1)	(0)	0	1	1	1	(0)	(1)	(0)	(1)	(1)	(1)	(1)	(0)	0	0	(1)	(1)	(1)	(2)	(1)	(1)	(0)	(0)
Net Change in Cash	2 N/A	6 +183%	2 -68%	0 -97%	131 +215 131%	136 +4%	156 +15%	154 -1%	25 -83%	14 -44%	10 -29%	(2) N/A	28 N/A	39 +39%	45 +13%	(63) N/A	18 N/A	13 -29%	26 +107%	132 +401%	(12) N/A	(6) +48%	(27) -339%	5 N/A	90 +1 606%	148 +64%	199 +35%	176 -11%	87 -51%	55 -37%	11 -80%	(79) N/A	(23) +70%	(123) -429%	(113) +8%	1 N/A	65 +9 848%	188 +191%	135 -29%	96 -28%	131 +36%	118 -10%	162 +37%	(171) N/A	(292) -70%	(398) -36%	(450) -13%	(160) +64%	(128) +20%	(15) +88%	(40) -171%	98 N/A	110 +13%	52 -53%	230 +346%	66 -71%	45 -32%	73 +64%	43 -42%	228 +435%	222 -3%	305 +37%	275 -10%	127 -54%	194 +53%	63 -68%	59 -6%	210 +257%	(76) N/A	(144) -90%	(351) -143%	(437) -24%	(212) +52%	(22) +90%	230 N/A	177 -23%	319 +80%	304 -5%	99 -67%	192 +94%	3 -99%	41 +1 484%	3 -92%	(392) N/A
Free Cash Flow
Free Cash Flow	(64) N/A	(32) +50%	(16) +51%	(6) +64%	11 N/A	14 +28%	6 -56%	6 +2%	(4) N/A	(2) +40%	3 N/A	6 +138%	24 +272%	31 +32%	40 +26%	46 +17%	66 +43%	85 +28%	105 +23%	143 +37%	148 +3%	168 +14%	170 +1%	176 +4%	178 +1%	206 +16%	249 +21%	260 +4%	206 -21%	223 +9%	218 -2%	223 +2%	324 +45%	330 +2%	319 -3%	329 +3%	373 +13%	399 +7%	466 +17%	429 -8%	480 +12%	459 -5%	447 -3%	426 -5%	241 -43%	192 -20%	108 -44%	90 -16%	185 +105%	167 -10%	215 +29%	251 +17%	302 +20%	288 -4%	320 +11%	334 +4%	309 -8%	326 +5%	349 +7%	388 +11%	374 -4%	369 -1%	393 +6%	290 -26%	405 +40%	502 +24%	512 +2%	840 +64%	807 -4%	862 +7%	903 +5%	844 -6%	992 +18%	1 251 +26%	1 387 +11%	1 223 -12%	1 325 +8%	1 301 -2%	1 251 -4%	1 511 +21%	1 487 -2%	1 466 -1%	1 573 +7%	1 448 -8%

Income Statement Balance Sheet Cash Flow Statement

Chipotle Mexican Grill Inc
NYSE:CMG

Cash Flow Statement

Cash Flow Statement
Chipotle Mexican Grill Inc

See Also

Company

Help

Tools

Stocks

Chipotle Mexican Grill Inc NYSE:CMG

Cash Flow Statement

Cash Flow Statement Chipotle Mexican Grill Inc

See Also

Company

Help

Tools

Stocks

Chipotle Mexican Grill Inc
NYSE:CMG

Cash Flow Statement
Chipotle Mexican Grill Inc