Aureus
AExcellent

Chipotle Mexican Grill, Inc.(CMG)

A

Financial data as of Dec 31, 2025Declining · Consumer Discretionary

FCF Margin12.1%Free Cash Flow / Revenue
Cash Conversion137.6%Operating CF / Net Income
Free Cash Flow$1.4B
Revenue$11.9B
Net Cash-$4.7BNet debt position
Debt / FCF3.5xElevated debt burden
Current Ratio1.23Adequate short-term liquidity
YoY FCF Growth-35.5%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
+0.5Healthy FCF margin with manageable debt (12.1%, 3.5x)
→
-1Significant YoY FCF decline (-35.5%)
→
+0.5Highly consistent quarterly FCF
→
FinalA

Analysis Summary

Strengths

  • Healthy FCF margin (12.1%)
  • Excellent cash conversion (138%)
  • Highly consistent quarterly FCF

Concerns

  • Net debt position ($4.7B)
  • Significant YoY FCF decline (-35.5%)
  • Significant FCF decline (-35.5% YoY)

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin12.1%
Net Margin12.9%
Operating CF Margin17.7%
CapEx Ratio5.6%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$4.7BNet debt position
Debt / FCF3.5xElevated debt burden
Current Ratio1.23Adequate liquidity
Debt / Equity1.79Moderate leverage

Quarterly FCF Trend

-35.5% YoYDeclining (-35.5%)

Free cash flow per quarter

Sector Comparison — Consumer Discretionary

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameChipotle Mexican Grill, Inc.
SectorConsumer Discretionary
Free Cash Flow$1.4B
Revenue$11.9B
Net Income$1.5B
Operating Cash Flow$2.1B
Capital Expenditure$666.3M
FCF Margin12.1%
Cash Conversion Rate137.6%
Net Margin12.9%
Total Debt$5.1B
Total Cash$350.5M
Net Cash-$4.7B
Current Ratio1.23
Debt / Equity1.79
Debt / FCF3.5x
YoY FCF Growth-35.5%
Positive Quarters5 of 5
Trend DirectionDeclining
Report DateDec 31, 2025
GradeA
Data SourceYahoo Finance