Chipotle Mexican Grill price to free cash flow CMG
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 22.2×
- 10-year median
- 53.7×
- Against its 10-year history
- 0th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 22.2× to 153×
- Peer median
- 23.6×
Chipotle Mexican Grill's price to free cash flow is 22.2× as of Oct 23, 2026.
That is below its ten-year median of 53.7×, lower than on 100% of days in the last ten years.
Over that time it ranged from 22.2× in Oct 2026 to 153× in Apr 2017.
The median for 10 restaurant stocks of a similar size is 23.6×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 22.2× | 22.2× | 35.4× |
| 2025 | 31.8× | 25.7× | 65.0× |
| 2024 | 66.2× | 43.8× | 71.2× |
| 2023 | 45.2× | 37.3× | 59.5× |
| 2022 | 42.6× | 42.6× | 87.9× |
| 2021 | 96.2× | 87.5× | 149× |
| 2020 | 98.8× | 40.5× | 102× |
| 2019 | 66.7× | 39.6× | 71.6× |
| 2018 | 36.9× | 28.5× | 50.4× |
| 2017 | 38.0× | 35.9× | 153× |
| 2016 | 101× | 28.9× | 110× |
| 2015 | 33.5× | 33.5× | 50.9× |
| 2014 | 45.1× | 41.0× | 57.6× |
| 2013 | 51.5× | 34.4× | 53.1× |
| 2012 | 41.9× | 35.0× | 64.7× |
| 2011 | 42.4× | 37.8× | 57.0× |
Against its peers
Companies in Restaurants nearest Chipotle Mexican Grill's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| CMGChipotle Mexican Grill | 22.2× |
| QSRRestaurant Brands International | 21.0× |
| YUMYum! Brands | 24.3× |
| DRIDarden Restaurants | 22.8× |
| YUMCYum China | 16.2× |
| ARMKAramark | 32.0× |
| TXRHTexas Roadhouse | 26.8× |
| SBUXStarbucks | 31.6× |
| EATBrinker International | 13.7× |
| BROSDutch Bros | 76.3× |
| MCDMcDonald's | 22.7× |
| Peer median | 23.6× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Chipotle Mexican Grill
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.