Cava Group
CAVA NYSE· Restaurants
Last close · Oct 26, 2026
$51.53
KIRA · Stoqly’s AI analyst, in plain words
- Cava Group had $1.2B of revenue in fiscal 2025, up 22.4% on the year before.
- Its operating margin was 4.7%, up 0.2 pts: of every 100 in sales, about 5 is left after running the business.
- Cava Group made $63.7M of net profit in fiscal 2025.
- Free cash flow was $26.1M in fiscal 2025, 2.2% of revenue.
- Cava Group returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count rose 0.0%.
- Cava Group has $393M more cash than debt.
Market cap
$6.1B
P/E
93.7x
Revenue
$1.2B
Net income
$63.7M
Free cash flow
$26.1M
Operating margin
4.7%
Cava Group in 30 seconds · fiscal 2025
Are sales growing?
+22.4%
Yes. Sales grew 22.4% last year.
Does it make a profit?
5.4%
A little. It keeps 5.4% of every sale as profit.
Does profit turn into cash?
2.2%
Partly. 2.2% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
93.7x
One share costs 93.7 times its yearly profit per share. Typical for its sector: 17.7x.
What Cava Group does
CAVA runs fast-casual Mediterranean restaurants. As of December 28, 2025, it operated 439 CAVA restaurants in 28 states and Washington, D.C. The first one opened in 2011 in Bethesda, Maryland. Guests build bowls and pitas from a customizable menu. Most of its money comes from selling meals in its restaurants, including digital and delivery orders. It also makes its own dips, spreads and dressing bases in central kitchens for use in the restaurants and sells packaged dips, spreads and dressings in grocery stores. CAVA says it is in the early stages of growth, and it sees room for more than 1,000 restaurants in the United States by 2032. Its plans include opening new locations, building its loyalty and digital offerings, adding menu items, and using technology to make restaurants easier to run. It leases its restaurant sites and relies on third parties in its supply chain and delivery.
Biggest risks, in its own words
- Failing to find good locations and open new restaurants profitably.
- New restaurants that may take sales from its existing locations.
- Food safety issues and food-borne illness concerns.
- Being unable to raise prices without hurting margins.
- Fiscal year ends
- December 28, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- CAVA Group, Inc.
- CIK
- 0001639438
Cava Group · CAVA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $500M | $564M | $729M | $964M | $1.2B |
| Revenue growth | — | 12.8% | 29.2% | 32.3% | 22.4% |
| Gross margin | 16.4% | 17.4% | 24.8% | — | — |
| Operating margin | −10.6% | −10.6% | 0.7% | 4.5% | 4.7% |
| Net income | −$37.4M | −$59.0M | $13.3M | $130M | $63.7M |
| Net margin | −7.5% | −10.5% | 1.8% | 13.5% | 5.4% |
| Diluted EPS | −$51.06 | −$44.41 | $0.21 | $1.10 | $0.54 |
| Cash | |||||
| Cash from operations | $3.4M | $6.0M | $97.1M | $161M | $185M |
| Capital expenditure | $56.3M | $104M | $139M | $108M | $159M |
| Free cash flow | −$52.9M | −$98.1M | −$41.7M | $52.9M | $26.1M |
| FCF margin | −10.6% | −17.4% | −5.7% | 5.5% | 2.2% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $7.7M | $0.9M | $3.1M | $0.0M | $0.0M |
| Share count change | — | 81.4% | 4,677.7% | 86.4% | 0.0% |
| Debt and strength | |||||
| Cash and short-term investments | $140M | $39.1M | $332M | $366M | $393M |
| Debt incl. finance leases | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | −$393M | −$449M | $571M | $696M | $780M |
| Net debt / EBITDA | — | — | −6.4x | −3.5x | −3.1x |
| Current ratio | — | 0.7x | 3.3x | 3.0x | 2.7x |
| Interest coverage | −68.7x | −371.2x | 14.3x | 204.4x | 337.1x |
| Returns and quality | |||||
| Return on capital | — | — | — | 15.2% | 13.9% |
| Return on equity | — | — | 21.7% | 20.6% | 8.6% |
| Piotroski F-score | — | — | — | 4 | 4 |
| Altman Z'' | — | −4.8 | 1.6 | 2.4 | 2.4 |
Insiders bought, 12 months
$1.2M
3 insiders
Insiders sold, 12 months
$286M
8 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cava Group · CAVA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Cava Group CAVA | $6.1B | 22.4% | 4.7% | 2.2% | 13.9% | 93.7x | 4 |
| BJ's Restaurants BJRI | $1.3B | 3.1% | 3.3% | 2.9% | 11.1% | 31.0x | 7 |
| Shake Shack SHAK | $2.7B | 15.4% | 4.3% | 3.9% | 9.6% | 68.3x | 7 |
| Dutch Bros BROS | $5.7B | 27.9% | 9.8% | 3.3% | 11.9% | 58.4x | 5 |
| Wingstop WING | $3.4B | 11.4% | 25.7% | 15.2% | 51.0% | 29.1x | 4 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $51.53 a share, the company is worth $6.1B: 93.7 times its earnings of the last four quarters.
Cava Group grew sales faster than 3 of its 4 similar companies. Its P/E is higher than 4 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001639438). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.