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Side-by-side financial comparison of Artisan Partners Asset Management Inc. (APAM) and CAVA GROUP, INC. (CAVA). Click either name above to swap in a different company.

Artisan Partners Asset Management Inc. is the larger business by last-quarter revenue ($335.5M vs $280.6M, roughly 1.2× CAVA GROUP, INC.). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs 6.5%, a 28.6% gap on every dollar of revenue. On growth, CAVA GROUP, INC. posted the faster year-over-year revenue change (20.2% vs 12.9%). Artisan Partners Asset Management Inc. produced more free cash flow last quarter ($171.6M vs $19.2M).

Artisan Partners is an American asset management company headquartered in Milwaukee, Wisconsin. Outside the United States, the company has offices in Dublin, Hong Kong, London, Singapore and Sydney.

Cava, also referred to as Cava Grill, is an American Mediterranean fast casual restaurant chain with locations across the United States. Cava is owned by the publicly traded Cava Group, which purchased Zoës Kitchen in August 2018. The combined company is the largest restaurant operator in the Mediterranean category in the U.S. restaurant industry. Cava also produces a line of Mediterranean dips, spreads, and dressings that are sold in grocery stores across the US. As of May 2023, all Zoës Kit...

APAM vs CAVA — Head-to-Head

Bigger by revenue
APAM
APAM
1.2× larger
APAM
$335.5M
$280.6M
CAVA
Growing faster (revenue YoY)
CAVA
CAVA
+7.2% gap
CAVA
20.2%
12.9%
APAM
Higher net margin
APAM
APAM
28.6% more per $
APAM
35.2%
6.5%
CAVA
More free cash flow
APAM
APAM
$152.4M more FCF
APAM
$171.6M
$19.2M
CAVA

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
APAM
APAM
CAVA
CAVA
Revenue
$335.5M
$280.6M
Net Profit
$118.1M
$18.4M
Gross Margin
Operating Margin
39.2%
7.0%
Net Margin
35.2%
6.5%
Revenue YoY
12.9%
20.2%
Net Profit YoY
34.9%
-7.0%
EPS (diluted)
$1.36
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APAM
APAM
CAVA
CAVA
Q4 25
$335.5M
Q3 25
$301.3M
$280.6M
Q2 25
$282.7M
$331.8M
Q1 25
$277.1M
Q4 24
$297.1M
Q3 24
$279.6M
$233.5M
Q2 24
$270.8M
$259.0M
Q1 24
$264.4M
Net Profit
APAM
APAM
CAVA
CAVA
Q4 25
$118.1M
Q3 25
$66.8M
$18.4M
Q2 25
$67.6M
$25.7M
Q1 25
$61.1M
Q4 24
$87.5M
Q3 24
$73.0M
$19.7M
Q2 24
$57.6M
$14.0M
Q1 24
$59.5M
Gross Margin
APAM
APAM
CAVA
CAVA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
26.7%
Q2 24
25.2%
Q1 24
Operating Margin
APAM
APAM
CAVA
CAVA
Q4 25
39.2%
Q3 25
33.8%
7.0%
Q2 25
28.2%
4.7%
Q1 25
31.2%
Q4 24
36.7%
Q3 24
33.3%
6.9%
Q2 24
32.0%
3.6%
Q1 24
29.4%
Net Margin
APAM
APAM
CAVA
CAVA
Q4 25
35.2%
Q3 25
22.2%
6.5%
Q2 25
23.9%
7.7%
Q1 25
22.1%
Q4 24
29.5%
Q3 24
26.1%
8.5%
Q2 24
21.3%
5.4%
Q1 24
22.5%
EPS (diluted)
APAM
APAM
CAVA
CAVA
Q4 25
$1.36
Q3 25
$0.93
$0.16
Q2 25
$0.94
$0.22
Q1 25
$0.82
Q4 24
$0.99
Q3 24
$1.03
$0.17
Q2 24
$0.80
$0.12
Q1 24
$0.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APAM
APAM
CAVA
CAVA
Cash + ST InvestmentsLiquidity on hand
$290.2M
Total DebtLower is stronger
$190.0M
Stockholders' EquityBook value
$438.8M
$750.7M
Total Assets
$1.6B
$1.3B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APAM
APAM
CAVA
CAVA
Q4 25
Q3 25
$290.2M
Q2 25
$289.4M
Q1 25
Q4 24
Q3 24
$343.7M
Q2 24
$329.1M
Q1 24
Total Debt
APAM
APAM
CAVA
CAVA
Q4 25
$190.0M
Q3 25
$190.0M
Q2 25
$200.0M
Q1 25
$200.0M
Q4 24
$200.0M
Q3 24
$200.0M
Q2 24
$200.0M
Q1 24
$200.0M
Stockholders' Equity
APAM
APAM
CAVA
CAVA
Q4 25
$438.8M
Q3 25
$402.1M
$750.7M
Q2 25
$381.8M
$726.2M
Q1 25
$356.5M
Q4 24
$388.9M
Q3 24
$372.1M
$595.4M
Q2 24
$341.2M
$580.8M
Q1 24
$320.3M
Total Assets
APAM
APAM
CAVA
CAVA
Q4 25
$1.6B
Q3 25
$1.6B
$1.3B
Q2 25
$1.4B
$1.2B
Q1 25
$1.4B
Q4 24
$1.6B
Q3 24
$1.6B
$1.0B
Q2 24
$1.5B
$1.0B
Q1 24
$1.5B
Debt / Equity
APAM
APAM
CAVA
CAVA
Q4 25
0.43×
Q3 25
0.47×
Q2 25
0.52×
Q1 25
0.56×
Q4 24
0.51×
Q3 24
0.54×
Q2 24
0.59×
Q1 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APAM
APAM
CAVA
CAVA
Operating Cash FlowLast quarter
$172.0M
$60.3M
Free Cash FlowOCF − Capex
$171.6M
$19.2M
FCF MarginFCF / Revenue
51.2%
6.8%
Capex IntensityCapex / Revenue
0.1%
14.7%
Cash ConversionOCF / Net Profit
1.46×
3.28×
TTM Free Cash FlowTrailing 4 quarters
$420.6M
$49.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APAM
APAM
CAVA
CAVA
Q4 25
$172.0M
Q3 25
$40.4M
$60.3M
Q2 25
$50.9M
$38.6M
Q1 25
$157.9M
Q4 24
$372.8M
Q3 24
$112.8M
$48.9M
Q2 24
$75.9M
$38.4M
Q1 24
$147.0M
Free Cash Flow
APAM
APAM
CAVA
CAVA
Q4 25
$171.6M
Q3 25
$40.4M
$19.2M
Q2 25
$50.9M
$2.7M
Q1 25
$157.7M
Q4 24
$371.3M
Q3 24
$112.4M
$22.7M
Q2 24
$75.2M
$4.7M
Q1 24
$146.9M
FCF Margin
APAM
APAM
CAVA
CAVA
Q4 25
51.2%
Q3 25
13.4%
6.8%
Q2 25
18.0%
0.8%
Q1 25
56.9%
Q4 24
125.0%
Q3 24
40.2%
9.7%
Q2 24
27.8%
1.8%
Q1 24
55.6%
Capex Intensity
APAM
APAM
CAVA
CAVA
Q4 25
0.1%
Q3 25
0.0%
14.7%
Q2 25
0.0%
10.8%
Q1 25
0.1%
Q4 24
0.5%
Q3 24
0.1%
11.2%
Q2 24
0.2%
13.0%
Q1 24
0.0%
Cash Conversion
APAM
APAM
CAVA
CAVA
Q4 25
1.46×
Q3 25
0.60×
3.28×
Q2 25
0.75×
1.50×
Q1 25
2.58×
Q4 24
4.26×
Q3 24
1.54×
2.48×
Q2 24
1.32×
2.74×
Q1 24
2.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APAM
APAM

Segment breakdown not available.

CAVA
CAVA

Restaurant Revenue$278.2M99%
Rewards$2.8M1%
CPG Revenue And Other$2.4M1%

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