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CAVA Group CAVA Gross margin

Gross margin at other companies

PFG
Performance Food GroupPFGC
11.9%+0.2pp
General Mills logo
General MillsGIS
33%-2.3pp
Casey's General Stores logo
Casey's General StoresCASY
24.5%+1.2pp
McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
37.9%-0.6pp
PepsiCo logo
PepsiCoPEP
54.1%-0.7pp
Packaging Corp of America logo
Packaging Corp of AmericaPKG
20.5%-1.4pp

Other financials

Income statement

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Revenue$438.3M+32.1%
Gross profit$111.2M+32.3%
Operating income$25.3M+60.8%
Net income$23.6M-8.3%
EPS (diluted)$0.20-9.1%

Balance sheet

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Cash & equivalents$295.8M+2.2%
Total debt$498.5M+20.8%
Total equity$810.0M+11.5%
Total assets$1.4B+15.8%

Cash flow

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Operating cash flow$64.1M+66.1%
CapEx$48.6M+35.4%
Free cash flow$15.5M+473%

Valuation

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Market cap$10.39B+21.0%
Enterprise value$10.59B+21.6%
P/E150.7×+10.7×
P/S7.8×-10.3×

Profitability

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Operating margin4.7%+0.2pp
Net margin5.4%-8.1pp
FCF margin2.3%

Returns & leverage

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Return on equity8.6%-11.9pp
Debt / equity0.6×0.0×
Current ratio2.7×-0.3×

Where this comes from

Calculated from CAVA Group’s reported figures.

Based on trailing twelve months.

The official record: CAVA Group’s 10-Q, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CAVA Group's gross margin?
CAVA Group (CAVA) reported gross margin of 24.6% in Q4 2025.
How has CAVA Group's gross margin changed year-over-year?
CAVA Group's gross margin decreased by 1.9% year-over-year, from 25.1% to 24.6%.
What is the long-term trend for CAVA Group's gross margin?
Over 3 years (2021 to 2025), CAVA Group's gross margin has grown at a 14.4% compound annual growth rate (CAGR), from 16.4% to 24.6%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.