Chipotle Mexican Grill (MEX:CMG) FCF Margin %: 15.25% (As of Mar. 2026) — 82% Above Median


MEX:CMG Chipotle Mexican Grill Inc MEX:CMG
83 GF Score
Price MXN564.30
GF Value MXN1,044.51
Valuation Significantly Undervalued
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What is Chipotle Mexican Grill FCF Margin %?

Chipotle Mexican Grill MEX:CMG +1.68% 83 FCF Margin % is 15.25% as of Mar. 2026, which is 82% above its 10-year median of 8.36. GuruFocus rates MEX:CMG with a GF Score™ of 83/100 and a GF Value™ of MXN1,044.51 (Significantly Undervalued). Among 365 Restaurants companies, Chipotle Mexican Grill ranks better than 79.45% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Chipotle Mexican Grill's Free Cash Flow for the three months ended in Mar. 2026 was MXN8,494 Mil. Chipotle Mexican Grill's Revenue for the three months ended in Mar. 2026 was MXN55,689 Mil. Therefore, Chipotle Mexican Grill's FCF Margin % for the quarter that ended in Mar. 2026 was 15.25%.

As of today, Chipotle Mexican Grill's current FCF Yield % is 3.64%.

The historical rank and industry rank for Chipotle Mexican Grill's FCF Margin % or its related term are showing as below:

MEX:CMG' s FCF Margin % Range Over the Past 10 Years
Min: 2.47   Med: 8.36   Max: 13.36
Current: 12.41


During the past 13 years, the highest FCF Margin % of Chipotle Mexican Grill was 13.36%. The lowest was 2.47%. And the median was 8.36%.

MEX:CMG's FCF Margin % is ranked better than
79.45% of 365 companies
in the Restaurants industry
Industry Median: 4.74 vs MEX:CMG: 12.41


Chipotle Mexican Grill FCF Margin % Related Terms


Chipotle Mexican Grill FCF Margin % Historical Data

* Premium members only.

The historical data trend for Chipotle Mexican Grill's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chipotle Mexican Grill FCF Margin % Chart

Chipotle Mexican Grill Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 9.77 12.39 13.36 12.14

Chipotle Mexican Grill Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.34 13.08 13.52 7.66 15.25

MEX:CMG vs YUM, DRI, YUMC: FCF Margin % Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chipotle Mexican Grill FCF Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's FCF Margin % falls into.


MEX:CMG
83GF Score
Chipotle Mexican Grill Inc MEX:CMG
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chipotle Mexican Grill FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Chipotle Mexican Grill's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=26064.871/214728.794
=12.14 %

Chipotle Mexican Grill's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=8493.726/55689.342
=15.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 15.25% mean?
Chipotle Mexican Grill (MEX:CMG) has a FCF Margin % of 15.25% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Chipotle Mexican Grill and its competitors. This is 82% above median its historical median of 8.36. Over the past decade, Chipotle Mexican Grill's FCF Margin % has ranged from 2.47 to 13.36. According to the industry distribution chart, Chipotle Mexican Grill ranks #75 out of 365 companies in the Restaurants industry, placing it in the top 20.5%.
Is Chipotle Mexican Grill's FCF Margin % too high?
Chipotle Mexican Grill's current FCF Margin % of 15.25% is 82% above median its 10-year median of 8.36. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 13.36. The Restaurants industry median FCF Margin % is 4.74. Chipotle Mexican Grill's value of 15.25% is 221.7% above this industry median. Based on the distribution chart, Chipotle Mexican Grill ranks #75 out of 365 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Chipotle Mexican Grill has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chipotle Mexican Grill's FCF Margin % compare to YUM and DRI?
According to the Restaurants industry distribution chart, Chipotle Mexican Grill ranks #75 out of 365 companies for FCF Margin %. This places Chipotle Mexican Grill in the top 21% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 4.74. Chipotle Mexican Grill's value of 15.25% is 221.7% above this benchmark. Historically, Chipotle Mexican Grill's own FCF Margin % has ranged from 2.47 to 13.36 over the past decade. While the company's 10-year median is 8.36 vs. the industry median of 4.74, Chipotle Mexican Grill has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Restaurants company?
The median FCF Margin % among Restaurants companies is 4.74, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chipotle Mexican Grill's current FCF Margin % of 15.25% is 221.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Chipotle Mexican Grill and its competitors. For the Restaurants industry, the median FCF Margin % is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chipotle Mexican Grill's current FCF Margin % is 15.25%, which is 82% above median its own 10-year median of 8.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chipotle Mexican Grill stock overvalued right now?
Based on GuruFocus' analysis, Chipotle Mexican Grill (MEX:CMG) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,044.51, compared to a current price of MXN564.30 — trading 46% below its estimated fair value. The current FCF Margin % is 15.25%, which is 82% above median its 10-year median of 8.36 and 221.7% above the Restaurants industry median of 4.74. Chipotle Mexican Grill's overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Chipotle Mexican Grill (MEX:CMG), the current FCF Margin % is 15.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chipotle Mexican Grill (MEX:CMG) Overvalued in 2026?

Based on GuruFocus' analysis, Chipotle Mexican Grill stock appears to be undervalued. The current stock price of MXN564.30 is trading 46% below its estimated GF Value™ of MXN1,044.51. GuruFocus considers Chipotle Mexican Grill to be Significantly Undervalued.

Key valuation signals for MEX:CMG:

  • FCF Margin %: 15.25% (82% above median its 10-year median of 8.36)
  • GF Value™: MXN1,044.51 vs. price of MXN564.30 (46% below fair value)
  • GF Score™: 83/100
  • Industry Position: 221.7% above the Restaurants median (#75 of 365)

No single metric tells the full story. See the MEX:CMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chipotle Mexican Grill Business Description

Address 610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660
Chipotle is a leading fast-casual, Mexican-inspired restaurant chain, generating $11.9 billion in sales across 3,983 company-operated US locations, 104 international units primarily in Canada and Europe, and 14 licensed stores largely operated in the Middle East at the end of 2025. The firm's revenue is primarily driven by food and beverage sales at its company-owned restaurants, supplemented by delivery fees generated through its first-party digital channels. Chipotle emphasizes ingredients with no artificial flavors and utilizes an efficient, assembly line service model to serve mainly customizable burritos, bowls, salads, quesadillas, and tacos.
83GF Score

Get the complete analysis for MEX:CMG

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN564.30
Price
MXN1,044.51
GF Value