Financial Statements

Chipotle Mexican Grill, Inc. (CMG)

$2932.415

+8.96 (+0.31%)

Cash Flow Statement

All numbers are in thousands
Year XLSX
2023
XLSX
2022
XLSX
2021
XLSX
2020
XLSX
2019
Operating Cash Flow 1,783,4771,323,1791,282,081663,847721,632
Net Income 1,228,737899,101652,984355,766350,158
Depreciation & Amortization 319,394286,826254,657423,072376,730
Deferred income taxes -9,505-43,195-12,357108,35029,962
Stock-based compensation 124,01698,030176,39282,62691,396
Change in working capital 95,32078,641197,425-338,648-131,457
Other non-cash items 25,5153,77612,98032,6814,843
Investing Cash Flow -946,009-830,032-522,042-432,717-291,974
Investments in PPE -560,731-479,164-442,475-373,352-333,912
Acquisitions -350,8684,035-10,025-
Investment purchases -1,115,131-614,416-429,350-468,418-448,754
Sales/Maturities of investments 729,853263,548345,748419,078476,723
Other Investing Activites --350,868--13,969
Financing Cash Flow -660,652-929,404-548,606-104,851-201,735
Common Stock Repurchased -592,349-830,140-466,462-54,401-190,617
Common Stock Issuance -69,146-98,970-79,870-48,555-10,420
Other Financing Activites 843-294-2,274-1,895-698
Accounts receivables -11,216-14,026-1,6873,010-2,630
Accounts payables 5,31318,20821,440-3,859-973
Inventory -3,649-3,011-6,392-394-4,530
Other working capital 104,87277,470184,064-337,405-123,324
Cash at beginning of period 408,966846,230635,836508,481280,152
Cash at end of period 586,163408,966846,230635,836508,481
Capital Expenditure -560,731-479,164-442,475-373,352-333,912
Effect of forex changes on cash 381-1,007-1,0391,076406
Net cash flow / Change in cash 177,197-437,264210,394127,355228,329
Free Cash Flow 1,222,746844,015839,606290,495387,720

Chipotle Mexican Grill, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Chipotle Mexican Grill, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.