SG - Sweetgreen, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$7.20
DETAILS
HIGH:
$9.00
LOW:
$5.60
MEDIAN:
$7.00
CONSENSUS:
$7.20
DOWNSIDE:
25.89%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 679.5 | 676.8 | 584.0 | 470.1 | 339.9 | 220.6 | 274.2 |
| Cost of Revenue | 575.9 | 543.9 | 482.1 | 400.8 | 299.5 | 229.3 | 230.2 |
| Gross Profit | 103.5 | 132.9 | 101.9 | 69.3 | 40.4 | (8.7) | 44.0 |
| Operating Expenses | |||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 143.4 | 149.9 | 146.8 | 187.4 | 125.0 | 99.1 | 88.8 |
| Other Expenses | 71.5 | 78.7 | 77.5 | 75.3 | 49.8 | 33.7 | 25.2 |
| Operating Expenses | 214.9 | 228.7 | 224.3 | 262.6 | 174.8 | 132.9 | 114.0 |
| Operating Income | |||||||
| Operating Income | (111.4) | (95.7) | (122.3) | (193.3) | (134.4) | (141.6) | (70.1) |
| Interest Expense | 0.0 | 0.3 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 |
| Interest Income | 6.5 | 10.9 | 12.9 | 5.1 | 0.5 | 1.0 | 2.7 |
| Profitability | |||||||
| EBITDA | (61.5) | (23.2) | (52.5) | (142.3) | (117.4) | (114.0) | (48.4) |
| EBIT | (134) | (91.4) | (112.9) | (189.0) | (152.9) | (140.8) | (67.8) |
| Income Before Tax | (134.0) | (91.7) | (113.0) | (189.1) | (153.0) | (141.2) | (67.9) |
| Income Tax Expense | 0.0 | (1.3) | 0.4 | 1.3 | 0.1 | 0 | 0 |
| Net Income | (134.1) | (90.4) | (113.4) | (190.4) | (153.2) | (141.2) | (67.9) |
| Per Share Data | |||||||
| EPS (Basic) | -1.14 | -0.79 | -1.01 | -1.73 | -1.40 | -1.61 | -0.62 |
| EPS (Diluted) | -1.14 | -0.79 | -1.01 | -1.73 | -1.40 | -1.61 | -0.62 |
| Shares Outstanding | 118.0 | 114.3 | 111.9 | 110.1 | 109.3 | 87.7 | 108.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 89.2 | 214.8 | 257.2 | 331.6 | 472.0 | 102.6 | 249.3 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 5.2 | 5.1 | 3.6 | 3.3 | 19.9 | 7.0 | 5.3 |
| Inventory | 2.4 | 2.0 | 2.1 | 1.4 | 0.9 | 0.6 | 0.8 |
| Other Current Assets | 32.9 | 4.8 | 7.5 | 1.7 | 0.2 | 0.2 | 0.1 |
| Total Current Assets | 129.7 | 234.5 | 276.1 | 346.1 | 506.7 | 115.9 | 261.6 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 611.2 | 554.0 | 510.9 | 489.3 | 180.7 | 127.2 | 107.8 |
| Goodwill | 27.8 | 36.0 | 36.0 | 36.0 | 36.0 | 6.3 | 6.3 |
| Intangible Assets | 10.4 | 24.0 | 27.4 | 30.6 | 32.9 | 10.9 | 5.7 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 9.1 | 8.2 | 6.2 | 6.9 | 6.5 | 5.4 | 5.1 |
| Total Non-Current Assets | 658.4 | 622.2 | 580.4 | 562.8 | 256.0 | 149.8 | 124.8 |
| Total Assets | 788.1 | 856.8 | 856.6 | 908.9 | 762.6 | 265.7 | 386.4 |
| Current Liabilities | |||||||
| Account Payables | 19.9 | 18.7 | 17.4 | 12.2 | 11.2 | 6.2 | 8.3 |
| Short-Term Debt | 41.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 4.4 | 2.8 | 2.0 | 1.8 | 2.3 | 3.5 |
| Other Current Liabilities | 57.2 | 9.7 | 6 | 1.7 | 8.6 | 8.2 | 1.9 |
| Total Current Liabilities | 118.7 | 115.8 | 91.6 | 72.5 | 47.5 | 36.3 | 32.9 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 312.9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0.3 | 0.4 | 1.8 | 1.4 | 0.1 | 0 | 0 |
| Other Non-Current Liabilities | 0.1 | 5.5 | 9.2 | 22.6 | 61.9 | 536.7 | 526.7 |
| Total Non-Current Liabilities | 313.3 | 294.8 | 282.4 | 295.2 | 62.0 | 536.7 | 526.7 |
| Total Liabilities | 432.0 | 410.6 | 374.0 | 367.7 | 109.5 | 573.0 | 559.6 |
| Stockholders' Equity | |||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Retained Earnings | (1,009.4) | (875.4) | (785.0) | (671.6) | (476.2) | (323.0) | (181.8) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 356.1 | 446.1 | 482.6 | 541.2 | 653.1 | (307.4) | (173.2) |
| Total Liabilities & Equity | 788.1 | 856.8 | 856.6 | 908.9 | 762.6 | 265.7 | 386.4 |
| Debt Metrics | |||||||
| Total Debt | 354.5 | 330.7 | 302.9 | 300.7 | 0 | 0 | 0 |
| Net Debt | 265.3 | 115.9 | 45.6 | (30.9) | (472.0) | (102.6) | (249.3) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (134.1) | (90.4) | (113.4) | (190.4) | (153.2) | (141.2) | (67.9) |
| Depreciation & Amortization | 71.5 | 68.3 | 60.4 | 46.7 | 35.5 | 26.9 | 19.4 |
| Stock-Based Compensation | 36.5 | 39.0 | 49.5 | 78.7 | 28.9 | 4.9 | 3.9 |
| Change in Working Capital | (35.8) | (13.2) | (9.2) | (24.8) | (0.4) | 16.1 | 6.1 |
| Other Non-Cash Items | 49.3 | 41.1 | 38.8 | 45.3 | 24.5 | 3.0 | 1.3 |
| Operating Cash Flow | (12.7) | 43.4 | 26.5 | (43.2) | (64.5) | (90.4) | (37.2) |
| Investing Activities | |||||||
| Capital Expenditure | (106.5) | (92.2) | (95.8) | (102.3) | (92.8) | (56.9) | (44.7) |
| Acquisitions | 0 | 0 | 0 | 0 | (3.3) | (0.8) | (4.8) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (7.8) | (7.8) | (6.0) | (5.1) | (9.7) | (9.5) | (6.4) |
| Investing Cash Flow | (114.3) | (92.2) | (95.7) | (102.0) | (97.5) | (58.4) | (50.5) |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 5.2 | 0 | 0 |
| Stock Repurchased | 0 | (0.0) | (0.2) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.3) | 8.9 | (5.0) | 4.6 | 26.1 | 2.1 | 0.9 |
| Financing Cash Flow | 2.9 | 8.9 | (5.2) | 4.6 | 531.6 | 2.1 | 149.8 |
| Cash Position | |||||||
| Net Change in Cash | (124.1) | (39.9) | (74.4) | (140.6) | 369.5 | (146.6) | 62.1 |
| Cash at Beginning | 217.4 | 257.4 | 331.7 | 472.3 | 102.8 | 249.4 | 187.2 |
| Cash at End | 93.3 | 217.4 | 257.4 | 331.7 | 472.3 | 102.8 | 249.4 |
| Free Cash Flow | (119.2) | (48.8) | (69.3) | (145.4) | (157.3) | (147.2) | (81.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 679.5 | 676.8 | 584.0 | 470.1 | 339.9 | 220.6 | 274.2 |
| Gross Profit | 103.5 | 132.9 | 101.9 | 69.3 | 40.4 | (8.7) | 44.0 |
| Operating Income | (111.4) | (95.7) | (122.3) | (193.3) | (134.4) | (141.6) | (70.1) |
| Net Income | (134.1) | (90.4) | (113.4) | (190.4) | (153.2) | (141.2) | (67.9) |
| EPS (Diluted) | -1.14 | -0.79 | -1.01 | -1.73 | -1.40 | -1.61 | -0.62 |
| Balance Sheet | |||||||
| Cash & Equivalents | 89.2 | 214.8 | 257.2 | 331.6 | 472.0 | 102.6 | 249.3 |
| Total Assets | 788.1 | 856.8 | 856.6 | 908.9 | 762.6 | 265.7 | 386.4 |
| Total Debt | 354.5 | 330.7 | 302.9 | 300.7 | 0 | 0 | 0 |
| Stockholders' Equity | 356.1 | 446.1 | 482.6 | 541.2 | 653.1 | (307.4) | (173.2) |
| Cash Flow | |||||||
| Operating Cash Flow | (12.7) | 43.4 | 26.5 | (43.2) | (64.5) | (90.4) | (37.2) |
| Capital Expenditure | (106.5) | (92.2) | (95.8) | (102.3) | (92.8) | (56.9) | (44.7) |
| Free Cash Flow | (119.2) | (48.8) | (69.3) | (145.4) | (157.3) | (147.2) | (81.9) |