Chipotle Mexican Grill Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	1,542	1,534	1,229	899.1	652.98	355.77	Upgrade
Depreciation & Amortization	346.38	335.03	319.39	286.83	254.66	238.53	Upgrade
Asset Writedown & Restructuring Costs	25.72	24.58	37.03	20.74	17.09	28.87	Upgrade
Stock-Based Compensation	125.64	131.73	124.02	98.03	176.39	82.63	Upgrade
Provision & Write-off of Bad Debts	-0.88	0.22	1.57	-0.76	0.49	0.16	Upgrade
Other Operating Activities	-47.36	-46.41	-22.59	-59.4	-16.96	111.99	Upgrade
Change in Accounts Receivable	-7.66	-29.27	-11.22	-14.03	-1.69	3.01	Upgrade
Change in Inventory	-5.07	-9.8	-3.65	-3.01	-6.39	-0.39	Upgrade
Change in Accounts Payable	13.03	8.47	5.31	18.21	21.44	-3.86	Upgrade
Change in Unearned Revenue	42.84	46.14	35.69	33.37	34.39	36.96	Upgrade
Change in Income Taxes	-9.23	-14.36	-5.24	46.26	193.38	-255.25	Upgrade
Change in Other Net Operating Assets	66.38	124.65	74.42	-2.17	-43.7	65.43	Upgrade
Operating Cash Flow	2,092	2,105	1,783	1,323	1,282	663.85	Upgrade
Operating Cash Flow Growth	11.39%	18.03%	34.79%	3.21%	93.13%	-8.01%	Upgrade
Capital Expenditures	-625.81	-593.6	-560.73	-479.16	-442.48	-373.35	Upgrade
Sale of Property, Plant & Equipment	20.11	20.11	-	-	4.04	-	Upgrade
Investment in Securities	413.49	-264.04	-385.28	-350.87	-83.6	-59.37	Upgrade
Investing Cash Flow	-192.21	-837.53	-946.01	-830.03	-522.04	-432.72	Upgrade
Repurchase of Common Stock	-1,861	-1,076	-661.5	-929.11	-546.33	-102.96	Upgrade
Other Financing Activities	3.66	2.09	0.84	-0.29	-2.27	-1.9	Upgrade
Financing Cash Flow	-1,857	-1,074	-660.65	-929.4	-548.61	-104.85	Upgrade
Foreign Exchange Rate Adjustments	-1.3	-1.64	0.38	-1.01	-1.04	1.08	Upgrade
Net Cash Flow	41.04	192.22	177.2	-437.26	210.39	127.36	Upgrade
Free Cash Flow	1,466	1,511	1,223	844.02	839.61	290.5	Upgrade
Free Cash Flow Growth	12.64%	23.61%	44.87%	0.53%	189.03%	-25.08%	Upgrade
Free Cash Flow Margin	12.66%	13.36%	12.39%	9.78%	11.13%	4.85%	Upgrade
Free Cash Flow Per Share	1.07	1.10	0.88	0.60	0.59	0.20	Upgrade
Cash Income Tax Paid	534.76	532.86	400.23	275.8	-17.83	85.01	Upgrade
Levered Free Cash Flow	1,128	1,169	927.68	703.12	704.52	-5.3	Upgrade
Unlevered Free Cash Flow	1,129	1,170	928.65	703.36	704.64	-4.95	Upgrade
Change in Working Capital	100.29	125.82	95.32	78.64	197.43	-154.11	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.