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Side-by-side financial comparison of CAVA GROUP, INC. (CAVA) and Texas Roadhouse, Inc. (TXRH). Click either name above to swap in a different company.

Texas Roadhouse, Inc. is the larger business by last-quarter revenue ($1.5B vs $292.2M, roughly 5.1× CAVA GROUP, INC.). Texas Roadhouse, Inc. runs the higher net margin — 5.8% vs 5.0%, a 0.8% gap on every dollar of revenue. On growth, CAVA GROUP, INC. posted the faster year-over-year revenue change (19.9% vs 3.1%). Over the past eight quarters, CAVA GROUP, INC.'s revenue compounded faster (30.0% CAGR vs 12.8%).

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...

Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse Inc, which has two other concepts and is headquartered in Louisville, Kentucky. As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.

CAVA vs TXRH — Head-to-Head

Bigger by revenue
TXRH
TXRH
5.1× larger
TXRH
$1.5B
$292.2M
CAVA
Growing faster (revenue YoY)
CAVA
CAVA
+16.8% gap
CAVA
19.9%
3.1%
TXRH
Higher net margin
TXRH
TXRH
0.8% more per $
TXRH
5.8%
5.0%
CAVA
Faster 2-yr revenue CAGR
CAVA
CAVA
Annualised
CAVA
30.0%
12.8%
TXRH

Income Statement — Q4 2025 vs Q4 2025

Metric
CAVA
CAVA
TXRH
TXRH
Revenue
$292.2M
$1.5B
Net Profit
$14.7M
$86.7M
Gross Margin
Operating Margin
5.9%
6.5%
Net Margin
5.0%
5.8%
Revenue YoY
19.9%
3.1%
Net Profit YoY
-17.9%
-26.9%
EPS (diluted)
$0.12
$1.29

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
CAVA
CAVA
TXRH
TXRH
Q4 25
$292.2M
$1.5B
Q3 25
$280.6M
$1.4B
Q2 25
$331.8M
$1.4B
Q4 24
$243.8M
$1.4B
Q3 24
$233.5M
$1.3B
Q2 24
$259.0M
$1.3B
Q1 24
$1.3B
Q4 23
$175.6M
$1.2B
Net Profit
CAVA
CAVA
TXRH
TXRH
Q4 25
$14.7M
$86.7M
Q3 25
$18.4M
$84.9M
Q2 25
$25.7M
$116.1M
Q4 24
$18.0M
$118.5M
Q3 24
$19.7M
$86.8M
Q2 24
$14.0M
$123.1M
Q1 24
$116.0M
Q4 23
$6.8M
$75.0M
Gross Margin
CAVA
CAVA
TXRH
TXRH
Q4 25
Q3 25
Q2 25
Q4 24
25.7%
Q3 24
26.7%
Q2 24
25.2%
Q1 24
Q4 23
25.3%
Operating Margin
CAVA
CAVA
TXRH
TXRH
Q4 25
5.9%
6.5%
Q3 25
7.0%
6.7%
Q2 25
4.7%
9.3%
Q4 24
5.6%
9.6%
Q3 24
6.9%
8.0%
Q2 24
3.6%
10.6%
Q1 24
10.1%
Q4 23
1.6%
7.2%
Net Margin
CAVA
CAVA
TXRH
TXRH
Q4 25
5.0%
5.8%
Q3 25
6.5%
5.9%
Q2 25
7.7%
8.0%
Q4 24
7.4%
8.2%
Q3 24
8.5%
6.8%
Q2 24
5.4%
9.2%
Q1 24
8.8%
Q4 23
3.9%
6.4%
EPS (diluted)
CAVA
CAVA
TXRH
TXRH
Q4 25
$0.12
$1.29
Q3 25
$0.16
$1.25
Q2 25
$0.22
$1.70
Q4 24
$0.15
$1.73
Q3 24
$0.17
$1.26
Q2 24
$0.12
$1.79
Q1 24
$1.69
Q4 23
$0.06
$1.09

Balance Sheet & Financial Strength

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

Metric
CAVA
CAVA
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$284.6M
$134.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$769.0M
$1.5B
Total Assets
$1.3B
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAVA
CAVA
TXRH
TXRH
Q4 25
$284.6M
$134.7M
Q3 25
$290.2M
$108.2M
Q2 25
$289.4M
$221.1M
Q4 24
$367.2M
$245.2M
Q3 24
$343.7M
$189.2M
Q2 24
$329.1M
$197.5M
Q1 24
$213.4M
Q4 23
$340.4M
$104.2M
Stockholders' Equity
CAVA
CAVA
TXRH
TXRH
Q4 25
$769.0M
$1.5B
Q3 25
$750.7M
$1.5B
Q2 25
$726.2M
$1.4B
Q4 24
$616.4M
$1.4B
Q3 24
$595.4M
$1.3B
Q2 24
$580.8M
$1.3B
Q1 24
$1.2B
Q4 23
$565.7M
$1.1B
Total Assets
CAVA
CAVA
TXRH
TXRH
Q4 25
$1.3B
$3.5B
Q3 25
$1.3B
$3.3B
Q2 25
$1.2B
$3.2B
Q4 24
$1.1B
$3.2B
Q3 24
$1.0B
$2.9B
Q2 24
$1.0B
$2.9B
Q1 24
$2.8B
Q4 23
$985.0M
$2.8B

Cash Flow & Capital Efficiency

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

Metric
CAVA
CAVA
TXRH
TXRH
Operating Cash FlowLast quarter
$45.6M
Free Cash FlowOCF − Capex
$1.4M
FCF MarginFCF / Revenue
0.5%
Capex IntensityCapex / Revenue
15.1%
Cash ConversionOCF / Net Profit
3.10×
TTM Free Cash FlowTrailing 4 quarters
$46.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAVA
CAVA
TXRH
TXRH
Q4 25
$45.6M
Q3 25
$60.3M
$143.6M
Q2 25
$38.6M
$237.7M
Q4 24
$43.9M
$237.5M
Q3 24
$48.9M
$138.7M
Q2 24
$38.4M
$133.9M
Q1 24
$243.4M
Q4 23
$26.0M
$174.2M
Free Cash Flow
CAVA
CAVA
TXRH
TXRH
Q4 25
$1.4M
Q3 25
$19.2M
$14.7M
Q2 25
$2.7M
$160.4M
Q4 24
$23.4M
$129.7M
Q3 24
$22.7M
$47.7M
Q2 24
$4.7M
$56.1M
Q1 24
$165.8M
Q4 23
$-9.1M
$71.1M
FCF Margin
CAVA
CAVA
TXRH
TXRH
Q4 25
0.5%
Q3 25
6.8%
1.0%
Q2 25
0.8%
11.1%
Q4 24
9.6%
9.0%
Q3 24
9.7%
3.7%
Q2 24
1.8%
4.2%
Q1 24
12.5%
Q4 23
-5.2%
6.1%
Capex Intensity
CAVA
CAVA
TXRH
TXRH
Q4 25
15.1%
Q3 25
14.7%
9.0%
Q2 25
10.8%
5.3%
Q4 24
8.4%
7.5%
Q3 24
11.2%
7.2%
Q2 24
13.0%
5.8%
Q1 24
5.9%
Q4 23
20.0%
8.9%
Cash Conversion
CAVA
CAVA
TXRH
TXRH
Q4 25
3.10×
Q3 25
3.28×
1.69×
Q2 25
1.50×
2.05×
Q4 24
2.44×
2.00×
Q3 24
2.48×
1.60×
Q2 24
2.74×
1.09×
Q1 24
2.10×
Q4 23
3.80×
2.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAVA
CAVA

Restaurant Revenue$289.8M99%
Rewards$2.9M1%
CPG Revenue And Other$2.5M1%

TXRH
TXRH

Food And Beverage$1.5B99%
Texas Roadhouse Segment$21.2M1%
Franchise$8.2M1%
Franchise Royalty$7.4M0%
Bubba S33Segment$2.3M0%

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