As of Q4'25, Chipotle Mexican Grill (CMG) reported Operating Cash Flow of USD 426M and Free Cash Flow of USD 228M. Both metrics saw a decline compared to the previous quarter, with Operating Cash Flow dropping from USD 570M in Q3'25 and Free Cash Flow decreasing from USD 406M. From Q1'23 to Q4'25, both Operating and Free Cash Flow demonstrated a generally stable but mildly volatile trend, with periodic fluctuations and notable dips in Q4'23 and Q4'25. After a sharp drop in Q4'23, cash flows rebounded strongly in early 2024 and remained relatively consistent through 2025, though both measures experienced another significant decline at the end of 2025. Overall, the chart indicates resilience in cash generation despite seasonal or cyclical softness in certain quarters.