Sweetgreen, Inc. Financial Ratios — SG Stock

Profitability (USD)

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	-31.89	-22.15	-19.46	-33.42
Return on Assets (%)	- -	-43.31	-29.79	-22.79	-12.84	-10.55	-16.3
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	16.04	-3.94	11.89	14.74	17.45	19.64	15.24
EBITDA Margin (%)	-18.48	-52.01	-29.08	-31.19	-10.61	-4.05	-9.83
Operating Margin (%)	-23.44	-61.05	-35.36	-35	-17.86	-12.46	-16.4
Incremental Operating Margin (%)	- -	131.57	12.17	- -	52.85	21.55	- -
Pretax Margin (%)	-24.77	-64.01	-45.02	-40.22	-19.35	-13.54	-19.72
Profit Margin (%)	-24.77	-64.01	-45.07	-40.51	-19.41	-13.35	-19.73
Net Income to Common Margin (%)	-24.77	-64.01	-45.07	-40.51	-19.41	-13.35	-19.73
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	-31.89	-22.15	-19.46	-33.42

Credit (USD)

Credit Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	301	303	331	354
ST Debt	- -	- -	- -	30	31	42	42
LT Debt	- -	- -	- -	271	271	289	313
Total Debt/EBITDA	- -	- -	- -	-2.05	-4.89	-12.05	-5.31
Net Debt/EBITDA	4.92	0.89	4.77	2.26	4.15	7.83	1.34
Total Debt/EBIT	- -	- -	- -	-1.56	-2.48	-3.46	-2.54
Net Debt/EBIT	3.56	0.72	3.51	1.72	2.1	2.24	0.64
EBITDA to Interest Expense	-575.65	-284.01	-1,136.21	-1,766.77	-484.16	-107.2	-3,514.32
EBITDA-CapEx/Interest Expense	-1,083.5	-424.84	-2,202.59	-2,998.88	-1,232.5	-467.35	-9,530.37
EBIT to Interest Expense	-730.22	-333.4	-1,381.43	-1,982.55	-815.1	-329.45	-5,863.53
Interest Expense	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-44.82	-115.69	85.64	59.55	56.34	52.07	45.19
Long-Term Debt/Equity (%)	- -	- -	- -	50.09	56.25	64.76	87.86
Long-Term Debt/Capital (%)	- -	- -	- -	32.2	34.56	37.19	44.03
Long-Term Debt/Total Assets (%)	- -	- -	- -	29.83	31.69	33.72	39.7
Total Debt/Equity (%)	- -	- -	- -	55.57	62.76	74.13	99.54
Total Debt/Capital (%)	- -	- -	- -	35.72	38.56	42.57	49.89
Total Debt/Total Assets (%)	- -	- -	- -	33.09	35.36	38.6	44.98
Net Debt to Equity	143.92	33.39	-72.26	-61.27	-53.3	-48.14	-25.04
Net Debt/Capital (%)	59	25.03	-260.55	-64.98	-48.7	-38.21	-14.35
EBITDA	-51	-115	-99	-147	-62	-27	-67
EBITDA-CapEx	-95	-172	-192	-249	-158	-120	-181
Operating Income (Loss)	-64	-135	-120	-165	-104	-84	-111

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	7.57	2.83	9.93	4.57	2.81	1.85	0.75
Current Ratio	7.95	3.19	10.66	4.77	3.02	2.02	1.09
Quick Ratio	7.73	3.02	10.35	4.62	2.85	1.9	0.8
CFO/Avg Current Liab	- -	-2.61	-1.54	-0.72	0.32	0.42	-0.11
Common Equity/Total Assets	-44.82	-115.69	85.64	59.55	56.34	52.07	45.19
Long-Term Debt/Equity (%)	- -	- -	- -	50.09	56.25	64.76	87.86
Long-Term Debt/Capital (%)	- -	- -	- -	32.2	34.56	37.19	44.03
Long-Term Debt/Total Assets (%)	- -	- -	- -	29.83	31.69	33.72	39.7
Total Debt/Equity (%)	- -	- -	- -	55.57	62.76	74.13	99.54
Total Debt/Capital (%)	- -	- -	- -	35.72	38.56	42.57	49.89
Total Debt/Total Assets (%)	- -	- -	- -	33.09	35.36	38.6	44.98
CFO/Total Liabilities	-6.65	-15.77	-58.91	-11.74	7.08	10.57	-2.94
CFO/CapEx	-0.83	-1.59	-0.7	-0.42	0.28	0.47	-0.11
Altman's Z-Score	- -	- -	18.92	0.74	1.24	4.63	-0.34

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	127.16	182.19	159.68	173.15	158.58	133.23
Days Sales Outstanding	- -	2.87	2	2.29	2.11	2.3	2.74
Inventory Turnover	- -	316.08	393.26	350.67	279.33	268.18	263.53
Days Inventory Outstanding	- -	1.15	0.93	1.04	1.31	1.36	1.39
Accounts Payable Turnover	- -	31.49	34.4	34.24	32.6	30.15	29.88
Accounts Payable Turnover Days	- -	11.59	10.61	10.66	11.2	12.11	12.22
Cash Conversion Cycle	- -	-7.57	-7.68	-7.33	-7.78	-8.45	-8.09
Inventory to Cash Days	- -	1.72	1.08	1.24	0.8	0.94	1.35
Inventories	1	1	1	1	2	2	2
Raw Materials	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -
Other Inventory	1	1	1	1	2	2	2

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	3,499	952	1,273	3,755	801
- Cash & Cash Equivalents	249	103	472	332	257	215	89
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	301	303	331	354
Enterprise Value	- -	- -	3,027	922	1,318	3,871	1,066
Total Capital	-173	-307	653	842	785	777	711
Total Debt/Capital (%)	- -	- -	- -	35.72	38.56	42.57	49.89
Total Debt / EV	- -	- -	- -	0.33	0.23	0.09	0.33
EV/Sales	- -	- -	8.91	1.96	2.26	5.72	1.57
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	889	944	1,265	3,665	797
Diluted Enterprise Value	- -	- -	417	913	1,310	3,781	1,063
EV per Share	- -	- -	27.68	8.29	11.71	33.05	9
TTM Sales	274	221	340	470	584	677	679
TTM EBITDA	-51	-115	-99	-147	-62	-27	-67
TTM Operating Income	-64	-135	-120	-165	-104	-84	-111
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	-5.65	-6.49	-18.25	-75.09	-6.28
EV/EBIT	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	3,027	922	1,318	3,871	1,066
Low Price	- -	- -	24.33	8.1	6.1	9.66	5.14
EV/Sales	- -	- -	8.91	1.96	2.26	5.72	1.57
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	5.36	1.76	2.64	8.42	2.25
Price/Book Value Average	- -	- -	5.67	4.19	2.48	7.23	5.07
Price/Book Value High	- -	- -	9.41	8.23	3.87	11.84	11.96
Price/Book Value Low	- -	- -	4.07	1.66	1.42	2.54	1.71
Price/Tangible Book Value	- -	- -	5.99	2.01	3.04	9.72	2.52
Price/Tangible Book Value Average	- -	- -	6.34	4.77	2.86	8.36	5.68
Price/Tangible Book Value High	- -	- -	10.52	9.39	4.45	13.69	13.39
Price/Tangible Book Value Low	- -	- -	4.55	1.9	1.64	2.93	1.92
Price/Sales	- -	- -	2.62	2.01	2.17	5.42	1.17
Price/Sales Average	- -	- -	2.77	4.78	2.04	4.65	2.65
Price/Sales High	- -	- -	4.59	9.39	3.18	7.62	6.24
Price/Sales Low	- -	- -	1.99	1.9	1.17	1.63	0.89
Price/Cash Flow	- -	- -	-13.78	-21.86	47.76	84.47	-62.81
Price/Cash Flow Average	- -	- -	-14.58	-52.02	44.96	72.6	-141.73
Price/Cash Flow High	- -	- -	-24.2	-102.3	70.07	118.88	-334
Price/Cash Flow Low	- -	- -	-10.48	-20.66	25.78	25.45	-47.75
Price/Free Cash Flow Average	- -	- -	-5.98	-15.44	-17.18	-64.54	-14.17
Price/Free Cash Flow High	- -	- -	-9.93	-30.37	-26.77	-105.68	-33.39
Price/Free Cash Flow Low	- -	- -	-4.3	-6.13	-9.85	-22.63	-4.77
EV/Sales Average	- -	- -	9.5	4.75	2.13	4.94	3.05
EV/Sales High	- -	- -	16.69	9.41	3.28	7.98	6.66
EV/Sales Low	- -	- -	6.44	1.85	1.25	1.84	1.29
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	32	8.57	11.3	32.06	6.76
High Price	- -	- -	56.2	40.1	16.58	45.12	35.95
Enterprise Value Average	- -	- -	3,230	2,235	1,244	3,343	2,072
Enterprise Value High	- -	- -	5,673	4,426	1,913	5,400	4,524
Enterprise Value Low	- -	- -	2,188	869	733	1,247	874

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	106	106	109	111	113	117	118
Diluted Weighted Avg Shares	88	88	28	110	112	114	118
Basic Weighted Avg Shares	88	88	28	110	112	114	118
Revenue per Share	3.13	2.52	12.23	4.27	5.22	5.92	5.76
EBITDA per Share	-0.58	-1.31	-3.56	-1.33	-0.55	-0.24	-0.57
Operating Income per Share	-0.73	-1.54	-4.33	-1.49	-0.93	-0.74	-0.94
Basic EPS, GAAP	-0.77	-1.61	-5.51	-1.73	-1.01	-0.79	-1.14
Basic EPS from Cont Ops	-0.77	-1.61	-5.51	-1.73	-1.01	-0.79	-1.14
Diluted EPS, GAAP	-0.77	-1.61	-5.51	-1.73	-1.01	-0.79	-1.14
Diluted EPS from Cont Ops	-0.77	-1.61	-5.51	-1.73	-1.01	-0.79	-1.14
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.42	-1.03	-2.32	-0.39	0.24	0.38	-0.11
Free Cash Flow per Basic Share	-0.93	-1.68	-5.66	-1.32	-0.62	-0.43	-1.08
Cash & Equivalents per Share	2.34	0.97	4.32	2.98	2.28	1.83	0.75
Book Value per Share	-1.63	-2.89	5.97	4.87	4.28	3.81	3.01
Tangible Book Value per Share	-1.74	-3.05	5.34	4.27	3.72	3.3	2.68