Sweetgreen SG Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 13.3%-6.2pp | 15.2%-4.4pp | 16.8%-2.6pp | 18.6%-0.5pp | 19.6%+1.2pp | |
| Operating margin | -21.5%-7.3pp | -20.5%-6.4pp | -17.9%-3.9pp | -15.7%-0.4pp | -14.2%+4.3pp | |
| Net margin | 2.5%+15.5pp | -19.7%-6.4pp | -16.5%-3.3pp | -14.3%0.0pp | -13%+4.1pp | |
| EBITDA margin | -10.7%-6.4pp | -10%-5.8pp | -7.6%-3.5pp | -5.6%-0.4pp | -4.3%+4.0pp | |
| Free cash flow margin | -17.6%-8.7pp | -17.5%-11.5pp | -14.7%-10.8pp | -10.8%-7.3pp | -8.9%-2.5pp | |
| Returns | ||||||
| Return on equity | 3.6%+23.4pp | -33.4%-14.0pp | -26.5%-8.0pp | -21.9%-3.0pp | -19.8%+1.5pp | |
| Return on assets | 1.9%+12.6pp | -16.3%-5.8pp | -13.5%-3.3pp | -11.6%-0.9pp | -10.7%+1.5pp | |
| Return on invested capital | -23%-5.4pp | -23.7%-6.1pp | -21.2%-3.7pp | -19.1%-0.6pp | -17.6%+3.9pp | |
| Efficiency | ||||||
| Asset turnover | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×+0.1× | 0.8×+0.1× | |
| Inventory turnover | 248.5×-28.9× | 263.5×-4.7× | 251.2×+53.3× | 251×+48.4× | 277.5×-43.3× | |
| Liquidity | ||||||
| Current ratio | 1.6×-0.4× | 1.1×-0.9× | 1.3×-1.3× | 1.8×-0.9× | 2×-1.1× | |
| Quick ratio | 1.6×-0.4× | 1.1×-0.9× | 1.3×-1.3× | 1.8×-0.9× | 1.9×-1.1× | |
| Cash ratio | 1.5×-0.3× | 0.8×-1.1× | 1.2×-1.3× | 1.7×-0.9× | 1.8×-1.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.7×0.0× | 1×+0.3× | 0.9×+0.2× | 0.8×+0.1× | 0.8×+0.1× | |
| Debt-to-assets | 0.4×0.0× | 0.4×+0.1× | 0.4×+0.1× | 0.4×0.0× | 0.4×0.0× | |
| Interest coverage | -3,087.8×-2,677× | -7,332.5×-6,959× | -4,717.8×-4,418× | -2,390.3×-2,066× | -410.7×+494× | |
| Per Share | ||||||
| Book value per share | $4.07+10.2% | $3.02-22.6% | $3.33-17.6% | $3.59-13.2% | $3.69-11.5% | |
| Valuation | ||||||
| Market capitalization | $1.06B-26.8% | $800.21M-78.4% | $943.33M-76.6% | $1.51B-55.6% | $2.93B+3.3% | |
| Enterprise value | $1.25B-21.1% | $1.06B-72.2% | $1.17B-71.6% | $1.67B-51.7% | $3.08B+6.0% | |
| Price / earnings | 63×— | —— | —— | —— | —— | |
| Price / sales | 1.6×-0.5× | 1.2×-4.3× | 1.4×-4.6× | 2.2×-3.0× | 4.3×-0.3× | |
| Price / book | 2.2×-1.2× | 2.2×-6.1× | 2.4×-6.3× | 3.6×-3.7× | 6.8×+0.7× | |
| EV / sales | 1.9×-0.5× | 1.6×-4.1× | 1.7×-4.4× | 2.4×-2.9× | 4.5×-0.2× | |
| Free cash flow yield | -11.2%-7.0pp | -14.9%-13.8pp | -10.7%-10.0pp | -4.9%-4.2pp | -2.1%-0.7pp | |
| Earnings yield | 1.6%+7.8pp | -16.8%-14.3pp | -12%-9.8pp | -6.5%-3.8pp | -3%+0.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Sweetgreen's profit margins?
- Sweetgreen (SG) runs a 13.3% gross margin and a -21.5% operating margin, with a 2.5% net margin.
- Where do Sweetgreen's ratios come from?
- Every ratio is computed from Sweetgreen's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
