Cava (CAVA) Operating Margin (2022 - 2026)

Cava (CAVA) posted Operating Margin of 1.02% for Q4 2025, down 82.56% sequentially from 5.86% in Q4 2025, and down 72.0% YoY from 3.65% in Q4 2024.

Cava (CAVA) Operating Margin (2022 - 2026) Analysis & Trends

Cava has reported Operating Margin for 4 years, with the latest figure at 1.02% in Q4 2025.

Quarterly Operating Margin fell 72.0% year-over-year to 1.02% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 4.69% (up 21.0% YoY) and the FY2025 annual result came in at 4.69%, up 21.0% from the prior year.
Operating Margin fell to 1.02% in Q4 2025 per CAVA's latest filing, from 5.86% in the prior quarter.
Over five years, Operating Margin peaked at 7.0% in Q3 2025 and troughed at 14.86% in Q4 2022.
A 4-year average of 0.64% and a median of 1.74% in 2024 frame the typical range for Operating Margin.
The sharpest annual moves came in 2023 and 2025: Operating Margin jumped 1397 bps in 2023, then plunged 72 bps in 2025.
Over 4 years, Operating Margin stood at 14.86% in 2022, then jumped by 94 bps to 0.89% in 2023, then jumped by 295 bps to 1.74% in 2024, then slumped by 41 bps to 1.02% in 2025.
According to Business Quant data, Operating Margin over the past three periods registered 1.02%, 5.86%, and 7.0% for Q4 2025, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Operating Margin (Qtr)
1	Mcdonalds	193.05 Bn	192.23 Bn	6.42 Bn	47.02%
2	Starbucks	122.77 Bn	119.16 Bn	6.49 Bn	10.52%
3	Chipotle Mexican Grill	42.40 Bn	41.73 Bn	2.35 Bn	15.70%
4	Yum Brands	40.42 Bn	39.75 Bn	1.47 Bn	30.20%
5	Restaurant Brands International	27.11 Bn	27.59 Bn	1.89 Bn	28.41%
6	Darden Restaurants	25.70 Bn	25.48 Bn	3.68 Bn	13.90%
7	Restaurant Brands International Limited Partnership	17.24 Bn	16.18 Bn	1.89 Bn	28.41%
8	Yum China Holdings	16.42 Bn	15.74 Bn	2.22 Bn	11.09%
9	Texas Roadhouse	13.58 Bn	13.40 Bn	1.44 Bn	8.50%
10	Cava	8.69 Bn	8.26 Bn	95.58 Mn	7.29%

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