Cava Group Gross Margin Growth & History (CAVA)

Cava Group's gross margin was 24.75% for fiscal 2023.

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Cava Group annual gross margin history

Cava Group annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3124.75%+7.38 pp
20222022-12-2517.37%+0.94 pp
20212021-12-2616.43%

Cava Group gross margin trends

Across the available reported history, Cava Group's gross margin increased from 17.37% to 24.75%, a change of +7.38 percentage points. The latest reported quarter, Q3 2024, shows 25.69%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Cava Group filings at SEC.gov ↗