CAVA Group, Inc.(CAVA)Earnings, Financials & Key Ratios

CAVA•NYSE

$89.48

$10.39B mkt cap·165.7× P/E·Price updated May 6, 2026

SectorConsumer Cyclical IndustryRestaurants Sub-IndustryFast-Casual Chains

AboutCAVA Group, Inc. owns and operates a chain of Mediterranean restaurants. The company offers salads, dips, spreads, toppings, and dressings. It sells its products through whole food markets and grocery stores. The company also provides online food ordering services. Cava Group, Inc. was founded in 2006 and is based in Washington, District of Columbia.Show more

Revenue$848M-12.0%
EBITDA$129M+24.6%
Net Income$64M-51.1%
EPS (Diluted)0.54-50.9%
Gross Margin67.39%+168.6%
EBITDA Margin15.21%+41.6%
Operating Margin6.52%+45.7%
Net Margin7.52%-44.4%
ROE8.64%-58.0%
ROIC4.96%-1.6%
Debt/Equity0.60+9.8%

Analysis→Technical→

CAVA Key Insights

CAVA Group, Inc. (CAVA) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Momentum leader: RS Rating 83 (top 17%)
✓High quality earnings: Operating CF exceeds net income
✓Good 3Y average ROE of 17.0%

✗Weaknesses

✗Thin 5Y average net margin of 1.0%
✗Expensive at 13.5x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CAVA Price & Volume

CAVA Group, Inc. (CAVA) stock price & volume — 10-year historical chart

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CAVA Growth Metrics

CAVA Group, Inc. (CAVA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years-

3 Years14.55%

TTM-12.02%

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-70.81%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-70.91%

Return on Capital

10 Years-4.32%

5 Years-4.32%

3 Years3.38%

Last Year4.95%

CAVA Recent Earnings

CAVA Group, Inc. (CAVA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 9/12 qtrs (82%)●Beat Revenue 9/12 qtrs (82%)

Q1 2026Latest

Feb 24, 2026

EPS

$0.04

Est $0.03

+33.3%

Revenue

$275M

Est $268M

+2.5%

Q4 2025

Nov 4, 2025

EPS

$0.12

Est $0.13

-7.7%

Revenue

$292M

Est $268M

+9.1%

Q3 2025

Aug 12, 2025

EPS

$0.16

Est $0.13

+23.1%

Revenue

$281M

Est $294M

-4.5%

Q2 2025

May 15, 2025

EPS

$0.22

Est $0.14

+57.1%

Revenue

$332M

Est $288M

+15.4%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q1 2026Latest	Feb 24, 2026	$0.04vs $0.03+33.3%	$275Mvs $268M+2.5%
Q4 2025	Nov 4, 2025	$0.12vs $0.13-7.7%	$292Mvs $268M+9.1%
Q3 2025	Aug 12, 2025	$0.16vs $0.13+23.1%	$281Mvs $294M-4.5%
Q2 2025	May 15, 2025	$0.22vs $0.14+57.1%	$332Mvs $288M+15.4%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
CMGChipotle Mexican Grill, Inc.Direct Competitor	42.6B	32.71	28.69	5.41%	11.96%	48.45%	3.48
SGSweetgreen, Inc.Direct Competitor	813.74M	6.87	-6.03	0.39%	-19.73%	-37.65%	1.00
SHAKShake Shack Inc.Direct Competitor	3.89B	96.52	88.55	15.38%	3.16%	8.69%	1.63
BROSDutch Bros Inc.Direct Competitor	7.5B	59.06	93.75	27.88%	4.61%	9.16%	1.21
TXRHTexas Roadhouse, Inc.Direct Competitor	10.58B	159.69	24.68	16.01%	7.49%	29.6%	0.62
MCDMcDonald's CorporationProduct Competitor	202.32B	284.10	24.94	1.67%	32.04%
YUMYum! Brands, Inc.Product Competitor	43.13B	156.02	28.06	8.81%	20.48%
QSRRestaurant Brands International Inc.Product Competitor	26.74B	77.18	32.84	12.23%	9.96%	18.45%	3.41

Compare CAVA vs Peers

CAVA Group, Inc. (CAVA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CMG

Most directly comparable listed peer for CAVA.

Scale Benchmark

vs MCD

Larger-name benchmark to compare CAVA against a more recognizable public peer.

Peer Set

Compare Top 5

vs CMG, SG, SHAK, BROS

CAVA Income Statement

CAVA Group, Inc. (CAVA) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales/Revenue	500.07M	564.12M	728.7M	963.71M	847.84M
Revenue Growth %	-	12.81%	29.17%	32.25%	-12.02%
Cost of Goods Sold	417.92M	466.13M	548.35M	721.91M	276.47M
COGS % of Revenue	83.57%	82.63%	75.25%	74.91%	32.61%
Gross Profit	82.15M▲ 0%	97.98M▲ 19.3%	180.35M▲ 84.1%	241.81M▲ 34.1%	571.37M▲ 136.3%
Gross Margin %	16.43%	17.37%	24.75%	25.09%	67.39%
Gross Profit Growth %	-	19.27%	84.06%	34.08%	136.29%
Operating Expenses	134.91M	157.75M	175.62M	198.69M	516.09M
OpEx % of Revenue	26.98%	27.96%	24.1%	20.62%	60.87%
Selling, General & Admin	64.79M	70.04M	101.49M	120.5M	96.07M
SG&A % of Revenue	12.96%	12.42%	13.93%	12.5%	11.33%
Research & Development	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-
Other Operating Expenses	70.11M	87.71M	74.13M	78.19M	420.02M
Operating Income	-52.75M▲ 0%	-59.77M▼ 13.3%	4.72M▲ 107.9%	43.12M▲ 812.6%	55.28M▲ 28.2%
Operating Margin %	-10.55%	-10.59%	0.65%	4.47%	6.52%
Operating Income Growth %	-	-13.3%	107.91%	812.55%	28.22%
EBITDA	-8.21M	-17.04M	52.16M	103.47M	128.95M
EBITDA Margin %	-1.64%	-3.02%	7.16%	10.74%	15.21%
EBITDA Growth %	-	-107.48%	406.06%	98.38%	24.62%
D&A (Non-Cash Add-back)	44.54M	42.72M	47.43M	60.35M	73.66M
EBIT	-32.46M	-14.78M	31.42M	60.95M	70.8M
Net Interest Income	-4.81M	-47K	8.85M	16.47M	15.04M
Interest Income	0	0	8.85M	16.47M	15.04M
Interest Expense	4.81M	47K	0	0	0
Other Income/Expense	15.48M	872K	9.32M	16.79M	15.51M
Pretax Income	-37.27M▲ 0%	-58.89M▼ 58.0%	14.05M▲ 123.9%	59.91M▲ 326.5%	70.8M▲ 18.2%
Pretax Margin %	-7.45%	-10.44%	1.93%	6.22%	8.35%
Income Tax	117K	93K	768K	-70.41M	7.06M
Effective Tax Rate %	-0.31%	-0.16%	5.47%	-117.52%	9.97%
Net Income	-37.39M▲ 0%	-58.99M▼ 57.8%	13.28M▲ 122.5%	130.32M▲ 881.3%	63.74M▼ 51.1%
Net Margin %	-7.48%	-10.46%	1.82%	13.52%	7.52%
Net Income Growth %	-	-57.76%	122.51%	881.32%	-51.09%
Net Income (Continuing)	-37.39M	-58.99M	13.28M	130.32M	63.74M
Discontinued Operations	0	0	0	0	0
Minority Interest	0	0	0	0	0
EPS (Diluted)	-51.08▲ 0%	-44.42▲ 13.0%	0.21▲ 100.5%	1.10▲ 423.8%	0.54▼ 50.9%
EPS Growth %	-	13.04%	100.47%	423.81%	-50.91%
EPS (Basic)	-51.08	-44.42	0.22	1.14	0.55
Diluted Shares Outstanding	732K	1.33M	63.45M	118.27M	118.02M
Basic Shares Outstanding	732K	1.33M	63.45M	114.29M	116.04M
Dividend Payout Ratio	-	-	-	-	-

CAVA Balance Sheet

CAVA Group, Inc. (CAVA) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Total Current Assets	154.39M	58.15M	354.91M	394.15M	282.92M
Cash & Short-Term Investments	140.33M	39.13M	332.43M	366.12M	282.92M
Cash Only	140.33M	39.13M	332.43M	366.12M	282.92M
Short-Term Investments	0	0	0	0	0
Accounts Receivable	6.06M	7.74M	11.88M	13M	6.32M
Days Sales Outstanding	4.42	5	5.95	4.92	2.72
Inventory	3.64M	5.14M	5.64M	7.6M	9.02M
Days Inventory Outstanding	3.18	4.02	3.75	3.84	11.9
Other Current Assets	0	0	4.96M	7.44M	-15.34M
Total Non-Current Assets	207.8M	525.73M	628.85M	775.56M	1.08B
Property, Plant & Equipment	194.94M	516.86M	620.18M	694.73M	0
Fixed Asset Turnover	2.57x	1.09x	1.17x	1.39x	-
Goodwill	1.94M	1.94M	1.94M	1.94M	1.94M
Intangible Assets	7.3M	1.38M	1.35M	1.4M	1.78M
Long-Term Investments	0	0	0	0	0
Other Non-Current Assets	3.61M	5.55M	5.37M	5.95M	1.07B
Total Assets	362.19M▲ 0%	583.88M▲ 61.2%	983.76M▲ 68.5%	1.17B▲ 18.9%	1.36B▲ 16.3%
Asset Turnover	1.38x	0.97x	0.74x	0.82x	0.62x
Asset Growth %	-	61.21%	68.49%	18.9%	16.27%
Total Current Liabilities	51.73M	84.32M	109.04M	132.64M	162.66M
Accounts Payable	13.97M	14.31M	17.23M	25.57M	0
Days Payables Outstanding	12.21	11.21	11.47	12.93	-
Short-Term Debt	0	0	0	0	48.53M
Deferred Revenue (Current)	0	0	0	0	0
Other Current Liabilities	0	0	0	0	114.12M
Current Ratio	2.98x	0.69x	3.25x	2.97x	1.74x
Quick Ratio	2.91x	0.63x	3.20x	2.91x	1.68x
Cash Conversion Cycle	-4.6	-2.18	-1.77	-4.17	-
Total Non-Current Liabilities	703.49M	948.07M	303.92M	341.47M	417.71M
Long-Term Debt	0	0	0	0	417.71M
Capital Lease Obligations	15.34M	285.19M	303.62M	341.47M	0
Deferred Tax Liabilities	23K	28K	79K	0	0
Other Non-Current Liabilities	688.12M	662.85M	225K	0	0
Total Liabilities	755.22M	1.03B	412.95M	474.1M	580.37M
Total Debt	15.34M	314.73M	336.2M	378.71M	466.25M
Net Debt	-124.99M	275.61M	3.77M	12.59M	183.33M
Debt / Equity	-	-	0.59x	0.54x	0.60x
Debt / EBITDA	-	-	6.45x	3.66x	3.62x
Net Debt / EBITDA	-	-	0.07x	0.12x	1.42x
Interest Coverage	-10.97x	-1271.62x	-	-	-
Total Equity	-393.02M▲ 0%	-448.5M▼ 14.1%	570.8M▲ 227.3%	695.57M▲ 21.9%	779.66M▲ 12.1%
Equity Growth %	-	-14.12%	227.27%	21.86%	12.09%
Book Value per Share	-536.91	-337.73	9.00	5.88	6.61
Total Shareholders' Equity	-393.02M	-448.5M	570.8M	695.57M	779.66M
Common Stock	0	0	11K	12K	12K
Retained Earnings	-402.53M	-460.94M	-447.66M	-317.34M	-253.6M
Treasury Stock	-5.71M	-6.62M	-9.73M	-34.38M	0
Accumulated OCI	0	0	0	0	118K
Minority Interest	0	0	0	0	0

CAVA Cash Flow Statement

CAVA Group, Inc. (CAVA) cash flow — operating, investing & free cash flow history

Line item	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	3.39M	6.04M	97.1M	161.03M	184.84M
Operating CF Margin %	0.68%	1.07%	13.33%	16.71%	21.8%
Operating CF Growth %	-	77.95%	1508.16%	65.83%	14.79%
Net Income	-37.39M	-58.99M	13.28M	130.32M	63.74M
Depreciation & Amortization	44.45M	42.72M	47.43M	60.35M	73.66M
Stock-Based Compensation	5.35M	3.8M	9.36M	13.6M	15.23M
Deferred Taxes	3K	5K	50K	-71.62M	6.1M
Other Non-Cash Items	-9.46M	19.75M	4.9M	5.05M	19.61M
Working Capital Changes	446K	-1.26M	22.08M	23.31M	6.49M
Change in Receivables	-903K	-35.86M	-24.67M	-33.6M	-1.52M
Change in Inventory	-1.16M	-1.5M	-498K	-1.96M	-1.42M
Change in Payables	-555K	336K	2.55M	8.9M	9.43M
Cash from Investing	-56.31M	-104.16M	-138.81M	-108.13M	-273.04M
Capital Expenditures	-56.41M	-104.32M	-138.81M	-108.13M	-158.7M
CapEx % of Revenue	11.28%	18.49%	19.05%	11.22%	18.72%
Acquisitions	102K	162K	0	0	0
Investments	-	-	-	-	-
Other Investing	0	0	0	0	20.32M
Cash from Financing	143.15M	-3.08M	335.01M	-19.2M	5M
Debt Issued (Net)	-39.66M	-115K	-85K	-45K	0
Equity Issued (Net)	-1000K	-911K	1000K	1000K	0
Dividends Paid	0	0	0	0	0
Share Repurchases	-7.69M	-911K	0	0	0
Other Financing	190.5M	-2.06M	-8.86M	-24.65M	5M
Net Change in Cash	90.24M▲ 0%	-101.21M▼ 212.2%	293.3M▲ 389.8%	33.69M▼ 88.5%	-83.2M▼ 347.0%
Free Cash Flow	-53.02M▲ 0%	-98.28M▼ 85.4%	-41.7M▲ 57.6%	52.9M▲ 226.8%	26.14M▼ 50.6%
FCF Margin %	-10.6%	-17.42%	-5.72%	5.49%	3.08%
FCF Growth %	-	-85.38%	57.57%	226.83%	-50.58%
FCF per Share	-72.43	-74.01	-0.66	0.45	0.22
FCF Conversion (FCF/Net Income)	-0.09x	-0.10x	7.31x	1.24x	2.90x
Interest Paid	4.79M	161K	0	0	0
Taxes Paid	212K	523K	523K	2.53M	0

CAVA Key Ratios

CAVA Group, Inc. (CAVA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2021	2022	2023	2024	2025
Return on Equity (ROE)	-	-	21.72%	20.58%	8.64%
Return on Invested Capital (ROIC)	-	-	1.76%	5.04%	4.96%
Gross Margin	16.43%	17.37%	24.75%	25.09%	67.39%
Net Margin	-7.48%	-10.46%	1.82%	13.52%	7.52%
Debt / Equity	-	-	0.59x	0.54x	0.60x
Interest Coverage	-10.97x	-1271.62x	-	-	-
FCF Conversion	-0.09x	-0.10x	7.31x	1.24x	2.90x
Revenue Growth	-	12.81%	29.17%	32.25%	-12.02%

CAVA SEC Filings & Documents

CAVA Group, Inc. (CAVA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Mar 25, 2026·SEC

Material company update

Feb 24, 2026·SEC

Material company update

Jan 12, 2026·SEC

10-K Annual Reports

FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 26, 2025·SEC

10-Q Quarterly Reports

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 13, 2025·SEC

FY 2025

May 16, 2025·SEC

CAVA Frequently Asked Questions

CAVA Group, Inc. (CAVA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

CAVA Group, Inc. (CAVA) reported $847.8M in revenue for fiscal year 2025. This represents a 70% increase from $500.1M in 2021.

CAVA Group, Inc. (CAVA) saw revenue decline by 12.0% over the past year.

Yes, CAVA Group, Inc. (CAVA) is profitable, generating $38.0M in net income for fiscal year 2025 (7.5% net margin).

Dividend & Returns

CAVA Group, Inc. (CAVA) has a return on equity (ROE) of 8.6%. This is below average, suggesting room for improvement.

CAVA Group, Inc. (CAVA) generated $26.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More CAVA

CAVA Group, Inc. (CAVA) financial analysis — history, returns, DCA and operating performance tools

Full CAVA Stock Analysis

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Total Return Calculator

Historical returns with dividends reinvested

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Dividend History

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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CAVA Group, Inc.(CAVA)Earnings, Financials & Key Ratios

CAVA Key Insights

✓Strengths

✗Weaknesses

CAVA Price & Volume

CAVA Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

CAVA Recent Earnings

CAVA Peer Comparison

Compare CAVA vs Peers

vs CMG

vs MCD

Compare Top 5

CAVA Income Statement

CAVA Balance Sheet

CAVA Cash Flow Statement

CAVA Key Ratios

CAVA SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

CAVA Frequently Asked Questions

Explore More CAVA

Full CAVA Stock Analysis

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Dividend History

Earnings History

Price History

Revenue History

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