Chipotle Mexican Grill
S&P 500
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2014 | $682.07M | $-518.84M | $-66.74M | $252.59M |
| FY2015 | $683.32M | $-464.14M | $-386.44M | $257.42M |
| FY2016 | $355.16M | $326.81M | $-836.28M | $258.84M |
| FY2017 | $468.22M | $-86.58M | $-285.89M | $216.78M |
| FY2018 | $621.55M | $-387.58M | $-166.54M | $287.39M |
| FY2019 | $721.63M | $-291.97M | $-201.74M | $333.91M |
| FY2020 | $663.85M | $-432.72M | $-104.85M | $373.35M |
| FY2021 | $1.28B | $-522.04M | $-548.61M | $442.48M |
| FY2022 | $1.32B | $-830.03M | $-929.40M | $479.16M |
| FY2023 | $1.78B | $-946.01M | $-660.65M | $560.73M |
| FY2024 | $2.11B | $-837.53M | $-1.07B | $593.60M |
| FY2025 | $2.11B | $-35.08M | $-2.47B | $666.34M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.