CAVA Group, Inc.CAVA
NYSE•Consumer Cyclical•Restaurants
CAVA Group, Inc. owns and operates a chain of restaurants under the CAVA brand in the United States. It also offers dips, spreads, and dressings through grocery stores. In addition, the company provides walk-the-line, online, and mobile ordering platforms. CAVA Group, Inc. was founded in 2006 and is headquartered in Washington, District Of Columbia.
CAVA Group, Inc. (CAVA) reported trailing twelve months revenue of $1.29B as of April 2026, a 24.1% increase year-over-year. Quarterly revenue reached $438.27M, reflecting continued top-line momentum.
CAVA Group, Inc. generated $61.60M in TTM net income, with quarterly EBITDA of $50.72M. The operating margin expanded from 4.7% to 5.8%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (5.8%) and net margin (5.4%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 7.7% a year ago, reflecting increased costs or interest expense.
CAVA trades at a P/E of 169.1x (a premium multiple) and a P/S of 8.1x. The price-to-book ratio of 12.9x indicates a significant premium over book value.
The company generated $15.48M in free cash flow over the trailing twelve months, a 473.1% increase year-over-year, indicating cash generation ability. The balance sheet shows $1.42B in total assets with no in long-term debt against $809.97M in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 12 quarters of fundamental data
Operating margins are positive at ~4.8% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~13.2% on average, adequate but below the threshold typically associated with wide moats.
8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (6 of 7 quarters up), with ~22.7% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 12 quarters
Margins are stable or improving at ~4.9% — no sign of cost or pricing stress.
FCF consistently trails net income (avg 0.6x) — earnings may be inflated by non-cash items or aggressive accounting.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.