CAVA Group, Inc. (CAVA) Key Metrics
CAVA valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $6.69B
- Enterprise value
- $6.29B
- P/E (TTM)
- 104.1 10-yr median 108.7
- Forward P/E
- 70.4
- PEG ratio
- 4.58
- Price / sales
- 4.9 10-yr median 5.9
- Price / book
- 7.4 10-yr median 8.9
- EV / EBITDA
- 34.3 10-yr median 48.5
- Dividend yield
- —
- Beta
- 1.81
CAVA key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCAVA valuation Price multiples at each fiscal year-end price.
CAVA returns How much profit the business earns on the capital it uses.
CAVA per-share figures Results divided by the shares outstanding at year-end.
CAVA financial health Debt, liquidity and how easily interest is covered.
CAVA efficiency & capital use Working capital cycle and where the cash goes.
CAVA valuation history
CAVA returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CAVA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CAVA cash returned to shareholders
CAVA price vs earnings per share
CAVA key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $6.93B | $13.34B | $2.73B | — | — | — | — |
| Enterprise value | $7.00B | $13.35B | $2.73B | — | — | — | — |
| P/E ratio | 108.7 | 102.4 | 205.3 | — | — | — | — |
| Price / sales | 5.9 | 13.8 | 3.7 | — | — | — | — |
| Price / book | 8.9 | 19.2 | 4.8 | — | — | — | — |
| Price / free cash flow | 265.0 | 252.2 | — | — | — | — | — |
| Price / operating cash flow | 37.5 | 82.9 | 28.1 | — | — | — | — |
| EV / sales | 5.9 | 13.9 | 3.7 | — | — | — | — |
| EV / EBITDA | 48.5 | 110.1 | 34.6 | — | — | — | — |
| EV / free cash flow | 267.8 | 252.5 | — | — | — | — | — |
| Earnings yield | 0.9% | 1.0% | 0.5% | — | — | — | — |
| Free cash flow yield | 0.4% | 0.4% | −1.5% | — | — | — | — |
| Dividend yield | — | — | 0.2% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | — | 0.2% | 0.3% | — | — | — | — |
| Share price at fiscal year-end | $58.69 | $112.80 | $42.98 | — | — | — | — |
| Per share | |||||||
| Revenue per share | $10.00 | $8.15 | $11.48 | — | — | $19.37 | $10.20 |
| Earnings per share | $0.54 | $1.10 | $0.21 | — | — | $1.26 | $0.79 |
| Operating cash flow per share | $1.57 | $1.36 | $1.53 | — | — | −$3.50 | −$9.31 |
| Free cash flow per share | $0.22 | $0.45 | −$0.66 | — | — | −$3.51 | −$9.33 |
| Cash per share | $3.33 | $3.10 | $5.24 | — | — | $8.20 | $9.11 |
| Book value per share | $6.61 | $5.88 | $9.00 | — | — | $18.13 | $19.26 |
| Tangible book value per share | $6.57 | $5.85 | $8.94 | — | — | $18.13 | $19.26 |
| Dividends per share | — | — | $0.09 | — | — | — | — |
| Capex per share | $1.34 | $0.91 | $2.19 | — | — | $0.01 | $0.02 |
| Debt per share | $3.95 | $3.20 | $5.30 | — | — | $13.41 | $10.96 |
| Shares outstanding | 118.0M | 118.3M | 63.4M | — | — | 48.1M | 42.0M |
| Change in shares outstanding | −0.2% | +86.4% | — | — | — | +14.5% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 8.6% | 20.6% | 21.7% | — | — | 7.2% | 4.1% |
| Return on invested capital (ROIC) | 9.2% | 6.7% | 2.2% | — | — | 5.7% | 3.4% |
| Return on assets (ROA) | 5.0% | 12.1% | 1.7% | −12.5% | −3.6% | 3.8% | 2.3% |
| Return on tangible assets | 4.7% | 11.2% | 1.4% | −10.2% | −10.6% | 3.5% | 2.3% |
| Free cash flow margin | 2.2% | 5.5% | −5.7% | −17.4% | −10.6% | −18.1% | −91.5% |
| Income quality (OCF / net income) | 2.90 | 1.24 | 7.31 | — | — | −2.77 | −11.85 |
| Financial health | |||||||
| Total debt | $466.2M | $378.7M | $336.2M | $314.7M | $15.3M | $644.9M | $460.5M |
| Cash & short-term investments | $393.0M | $366.1M | $332.4M | $39.1M | $140.3M | $394.3M | $382.8M |
| Net debt | $73.2M | $12.6M | $3.8M | $275.6M | −$125.0M | $250.6M | $77.7M |
| Debt / equity | 0.60 | 0.54 | 0.59 | — | — | 0.74 | 0.57 |
| Debt / assets | 0.34 | 0.32 | 0.34 | 0.54 | 0.04 | 0.37 | 0.32 |
| Net debt / EBITDA | 0.51 | 0.10 | 0.05 | 9.86 | −10.35 | 3.24 | 1.76 |
| Current ratio | 2.65 | 2.97 | 3.25 | 0.69 | 2.98 | 3.84 | 4.84 |
| Quick ratio | 2.59 | 2.91 | 3.20 | 0.63 | 2.91 | 3.84 | 4.84 |
| Interest coverage | — | 2.6 | — | — | -11.0 | — | — |
| Working capital | $268.4M | $261.5M | $245.9M | −$26.2M | $102.7M | $307.9M | $313.8M |
| Invested capital | $852.9M | $708.2M | $574.6M | −$172.9M | −$518.0M | $1.12B | $886.6M |
| Tangible asset value | $775.9M | $692.2M | $567.5M | −$451.8M | −$402.3M | $871.8M | $808.9M |
| Net current asset value | −$149.3M | −$79.9M | −$58.0M | −$974.2M | −$600.8M | −$451.9M | −$251.2M |
| Graham number | $8.96 | $12.07 | $6.51 | — | — | $22.71 | $18.45 |
| Graham net-net per share | −$1.43 | −$0.80 | −$1.08 | — | — | −$9.85 | −$6.27 |
| Capital allocation | |||||||
| Dividends paid | — | — | $5.8M | $2.2M | $211.2M | — | — |
| Share buybacks (net) | — | $24.6M | $3.1M | $911,000 | $7.7M | $300,000 | $100,000 |
| Dividend payout ratio | — | — | 43.3% | — | — | — | — |
| Dividends + buybacks / free cash flow | — | 46.6% | — | — | — | — | — |
| Capex / revenue | 13.5% | 11.2% | 19.0% | 18.5% | 11.3% | 0.1% | 0.2% |
| Capex / operating cash flow | 85.9% | 67.2% | 143.0% | 1,727.8% | 1,662.6% | — | — |
| Capex / depreciation | 2.15 | 1.79 | 2.93 | 2.44 | 1.27 | 0.12 | 0.13 |
| Stock-based compensation / revenue | 1.3% | 1.4% | 1.3% | 0.7% | 1.1% | 0.2% | 0.3% |
| SG&A / revenue | 11.7% | 12.5% | 16.1% | 12.4% | 13.0% | — | — |
| Efficiency | |||||||
| Days sales outstanding | 4.9 | 4.7 | 4.9 | 4.5 | 2.4 | 0.3 | 0.9 |
| Days of inventory on hand | 3.1 | 3.3 | 3.6 | 3.4 | 1.6 | 0.0 | — |
| Days payables outstanding | 12.0 | 10.8 | 10.5 | 11.1 | 18.9 | 10.3 | 16.9 |
| Cash conversion cycle (days) | -3.9 | -2.8 | -2.0 | -3.2 | -14.9 | -10.0 | -16.0 |
| Receivables turnover | 73.77 | 77.47 | 74.28 | 81.79 | 154.82 | 1,242.40 | 389.36 |
| Payables turnover | 30.54 | 33.73 | 34.77 | 32.96 | 19.36 | 35.38 | 21.54 |
| Inventory turnover | 115.89 | 109.07 | 101.77 | 106.16 | 229.44 | 813,700,000.00 | — |
| Asset turnover | 0.93 | 0.90 | 0.93 | 1.19 | 0.48 | 0.58 | 0.29 |
| Average receivables | $16.0M | $12.4M | $9.8M | $6.9M | $3.2M | $750,000 | $1.1M |
| Average payables | $31.5M | $21.4M | $15.8M | $14.1M | $21.6M | $23.0M | $16.8M |
| Average inventory | $8.3M | $6.6M | $5.4M | $4.4M | $1.8M | $1 | — |
| Intangibles / total assets | 0.3% | 0.3% | 0.3% | 0.6% | 2.6% | 0.0% | 0.0% |
Computed from CAVA's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CAVA valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), CAVA traded at 108.7 times earnings, against a 7-year median of 108.7. Based on the latest twelve months, the trailing P/E is 104.1 and the forward P/E is 70.4. CAVA earned a return on equity of 8.6% and a return on invested capital of 9.2% in fiscal 2025. It ended the year with $466.2 million of debt and $393.0 million in cash and short-term investments, net debt of $73.2 million. The share count rose 181.0% from 42.0M to 118.0M over 6 years.
See the CAVA income statement, the CAVA chart for price history, or the CAVA stock overview for the latest quote and news.
CAVA key metrics FAQ
What is CAVA's P/E ratio?
CAVA's trailing P/E ratio is 104.1 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 70.4. At the end of fiscal 2025 it was 108.7, compared with a 7-year median of 108.7.
What is CAVA's EV/EBITDA?
CAVA's enterprise value was 48.5 times EBITDA at the end of fiscal 2025 (enterprise value $7.0 billion, EBITDA $144.5 million); the current EV/EBITDA is 34.3.
What is CAVA's return on equity?
CAVA's return on equity (ROE) was 8.6% in fiscal 2025: net income of $63.7 million on average shareholders' equity of $737.6 million.
What is CAVA's ROIC?
CAVA's return on invested capital was 9.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does CAVA have?
CAVA had total debt of $466.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.60 and $73.2 million of net debt (0.51 times EBITDA).
What is CAVA's free cash flow yield?
CAVA generated $26.1 million of free cash flow in fiscal 2025, a free cash flow yield of 0.4% on its market value at year-end ($6.9 billion).
What is CAVA's current ratio?
CAVA's current ratio was 2.65 at the end of fiscal 2025: current assets were 2.65 times current liabilities.