Cava Group Inc (CAVA)
131.53
-2.03
(-1.52%)
USD |
NYSE |
Nov 01, 16:00
131.83
+0.30
(+0.23%)
After-Hours: 20:00
Cava Group Gross Profit Margin (Quarterly): 26.71% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 26.71% |
| March 31, 2024 | 25.24% |
| December 31, 2023 | 22.50% |
| September 30, 2023 | 25.34% |
| June 30, 2023 | 26.28% |
| Date | Value |
|---|---|
| March 31, 2023 | 24.90% |
| December 31, 2022 | 18.34% |
| September 30, 2022 | 18.96% |
| June 30, 2022 | 18.84% |
| December 31, 2021 | 14.19% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
14.19%
Minimum
Dec 2021
26.71%
Maximum
Jun 2024
22.13%
Average
23.70%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Chipotle Mexican Grill Inc | 25.49% |
| Wingstop Inc | 47.49% |
| Sweetgreen Inc | 22.49% |
| Red Robin Gourmet Burgers Inc | 30.72% |
| Texas Roadhouse Inc | 16.48% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.43% |
| Return on Assets | 4.28% |
| Return on Invested Capital | 7.43% |
| Profit Margin (Quarterly) | 8.45% |
| Operating Margin (Quarterly) | 8.71% |
| Return on Net Operating Assets | 6.59% |