SG: Sweetgreen Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Sweetgreen Inc (SG).

OverviewDividends

$3.74B Market Cap.

As of 05/09/2025 5:00 PM ET (MRY) • Disclaimer

SG Market Cap. (MRY)


SG Shares Outstanding (MRY)


SG Assets (MRY)


Total Assets

$856.76M

Total Liabilities

$410.61M

Total Investments

$0

SG Income (MRY)


Revenue

$676.83M

Net Income

-$90.37M

Operating Expense

$235.31M

SG Cash Flow (MRY)


CF Operations

$43.39M

CF Investing

-$92.21M

CF Financing

$8.89M

SG Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$856,758,000 (0.02%)

$856,557,000 (-5.76%)

$908,935,000 (19.18%)

$762,649,000 (187.05%)

Assets Current

$234,537,000 (-15.06%)

$276,111,000 (-20.23%)

$346,149,000 (-31.68%)

$506,656,000 (337.30%)

Assets Non-Current

$622,221,000 (7.20%)

$580,446,000 (3.14%)

$562,786,000 (119.84%)

$255,993,000 (70.86%)

Goodwill & Intangible Assets

$60,010,000 (-5.31%)

$63,377,000 (-4.74%)

$66,532,000 (-3.35%)

$68,838,000 (299.83%)

Shareholders Equity

$446,145,000 (-7.55%)

$482,597,000 (-10.83%)

$541,226,000 (-17.13%)

$653,117,000 (312.49%)

Property Plant & Equipment Net

$553,981,000 (8.43%)

$510,894,000 (4.41%)

$489,316,000 (170.84%)

$180,666,000 (42.02%)

Cash & Equivalents

$217,429,000 (-15.51%)

$257,355,000 (-22.42%)

$331,739,000 (-29.76%)

$472,299,000 (359.59%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$4,413,000 (57.78%)

$2,797,000 (38.74%)

$2,016,000 (9.62%)

$1,839,000 (-21.31%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$1,987,000 (-3.96%)

$2,069,000 (49.60%)

$1,383,000 (53.16%)

$903,000 (45.65%)

Trade & Non-Trade Receivables

$5,034,000 (43.75%)

$3,502,000 (7.95%)

$3,244,000 (-83.23%)

$19,339,000 (192.57%)

Trade & Non-Trade Payables

$18,698,000 (7.58%)

$17,380,000 (41.97%)

$12,242,000 (9.33%)

$11,197,000 (79.67%)

Accumulated Retained Earnings (Deficit)

-$875,358,000 (-11.51%)

-$784,985,000 (-16.88%)

-$671,601,000 (-41.03%)

-$476,216,000 (-47.42%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$361,000 (-79.64%)

$1,773,000 (25.39%)

$1,414,000 (1031.20%)

$125,000 (0%)

Total Debt

$330,714,000 (9.20%)

$302,865,000 (0.71%)

$300,739,000 (0%)

$0 (0%)

Debt Current

$41,773,000 (32.92%)

$31,426,000 (6.02%)

$29,642,000 (0%)

$0 (0%)

Debt Non-Current

$288,941,000 (6.45%)

$271,439,000 (0.13%)

$271,097,000 (0%)

$0 (0%)

Total Liabilities

$410,613,000 (9.80%)

$373,960,000 (1.70%)

$367,709,000 (235.71%)

$109,532,000 (62.49%)

Liabilities Current

$115,827,000 (26.48%)

$91,579,000 (26.23%)

$72,549,000 (52.64%)

$47,528,000 (30.87%)

Liabilities Non-Current

$294,786,000 (4.39%)

$282,381,000 (-4.33%)

$295,160,000 (376.03%)

$62,004,000 (99.44%)

SG Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$676,826,000 (15.89%)

$584,041,000 (24.24%)

$470,105,000 (38.32%)

$339,874,000 (54.06%)

Cost of Revenue

$543,877,000 (12.81%)

$482,121,000 (20.28%)

$400,819,000 (33.84%)

$299,469,000 (30.59%)

Selling General & Administrative Expense

$149,942,000 (2.17%)

$146,762,000 (-21.67%)

$187,367,000 (49.85%)

$125,040,000 (26.12%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$235,309,000 (3.32%)

$227,739,000 (-13.55%)

$263,442,000 (35.94%)

$193,796,000 (45.56%)

Interest Expense

$256,000 (100.00%)

$128,000 (54.22%)

$83,000 (-4.60%)

$87,000 (-78.47%)

Income Tax Expense

-$1,301,000 (-443.27%)

$379,000 (-71.82%)

$1,345,000 (814.97%)

$147,000 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$90,373,000 (20.29%)

-$113,384,000 (40.46%)

-$190,441,000 (-24.33%)

-$153,175,000 (-8.46%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$90,373,000 (20.29%)

-$113,384,000 (40.46%)

-$190,441,000 (-24.33%)

-$153,175,000 (-8.46%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$90,373,000 (20.29%)

-$113,384,000 (40.46%)

-$190,441,000 (-24.33%)

-$153,175,000 (-8.46%)

Weighted Average Shares

$114,321,672 (2.16%)

$111,907,675 (1.62%)

$110,128,287 (296.40%)

$27,782,442 (73.08%)

Weighted Average Shares Diluted

$114,321,672 (2.16%)

$111,907,675 (1.62%)

$110,128,287 (296.40%)

$27,782,442 (73.08%)

Earning Before Interest & Taxes (EBIT)

-$91,418,000 (19.01%)

-$112,877,000 (40.28%)

-$189,013,000 (-23.59%)

-$152,941,000 (-8.61%)

Gross Profit

$132,949,000 (30.44%)

$101,920,000 (47.10%)

$69,286,000 (71.48%)

$40,405,000 (564.32%)

Operating Income

-$102,360,000 (18.65%)

-$125,819,000 (35.20%)

-$194,156,000 (-26.58%)

-$153,391,000 (-8.15%)

SG Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$92,211,000 (3.61%)

-$95,665,000 (6.23%)

-$102,023,000 (-4.59%)

-$97,548,000 (-67.02%)

Net Cash Flow from Financing

$8,895,000 (271.09%)

-$5,199,000 (-212.24%)

$4,632,000 (-99.13%)

$531,611,000 (24683.73%)

Net Cash Flow from Operations

$43,390,000 (63.86%)

$26,480,000 (161.34%)

-$43,169,000 (33.10%)

-$64,529,000 (28.58%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$39,926,000 (46.32%)

-$74,384,000 (47.08%)

-$140,560,000 (-138.04%)

$369,534,000 (352.05%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

-$3,340,000 (-322.25%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$84,457,000 (5.82%)

-$89,672,000 (7.45%)

-$96,889,000 (-12.40%)

-$86,197,000 (-76.29%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$5,158,000 (0%)

Issuance (Purchase) of Equity Shares

$12,763,000 (144.41%)

$5,222,000 (9.75%)

$4,758,000 (-98.85%)

$412,642,000 (19137.39%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$39,024,000 (-21.21%)

$49,532,000 (-37.09%)

$78,736,000 (172.47%)

$28,897,000 (488.29%)

Depreciation Amortization & Accretion

$99,735,000 (11.46%)

$89,484,000 (19.09%)

$75,142,000 (111.38%)

$35,549,000 (32.39%)

SG Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

19.60% (12.00%)

17.50% (19.05%)

14.70% (23.53%)

11.90% (405.13%)

Profit Margin

-13.40% (30.93%)

-19.40% (52.10%)

-40.50% (10.20%)

-45.10% (29.53%)

EBITDA Margin

1.20% (130.00%)

-4.00% (83.47%)

-24.20% (29.86%)

-34.50% (33.27%)

Return on Average Equity (ROAE)

-19.50% (13.33%)

-22.50% (30.12%)

-32.20% (63.66%)

-88.60% (-250.68%)

Return on Average Assets (ROAA)

-10.60% (17.83%)

-12.90% (47.98%)

-24.80% (16.78%)

-29.80% (31.18%)

Return on Sales (ROS)

-13.50% (30.05%)

-19.30% (51.99%)

-40.20% (10.67%)

-45.00% (29.47%)

Return on Invested Capital (ROIC)

-11.80% (20.81%)

-14.90% (73.81%)

-56.90% (47.27%)

-107.90% (22.82%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-40.98 (-266.24%)

-11.19 (-119.20%)

-5.1 (10.31%)

-5.69

Price to Sales Ratio (P/S)

5.47 (152.56%)

2.17 (4.64%)

2.07 (-19.27%)

2.56

Price to Book Ratio (P/B)

8.39 (218.84%)

2.63 (45.58%)

1.81 (-64.58%)

5.11

Debt to Equity Ratio (D/E)

0.92 (18.71%)

0.78 (14.14%)

0.68 (304.17%)

0.17 (176.71%)

Earnings Per Share (EPS)

-0.79 (21.78%)

-1.01 (41.62%)

-1.73 (68.60%)

-5.51 (37.39%)

Sales Per Share (SPS)

5.92 (13.43%)

5.22 (22.25%)

4.27 (-65.10%)

12.23 (-10.99%)

Free Cash Flow Per Share (FCFPS)

-0.36 (36.46%)

-0.56 (55.58%)

-1.27 (76.55%)

-5.42 (37.46%)

Book Value Per Share (BVPS)

3.9 (-9.49%)

4.31 (-12.27%)

4.92 (-79.09%)

23.51 (222.77%)

Tangible Assets Book Value Per Share (TABVPS)

6.97 (-1.68%)

7.09 (-7.33%)

7.65 (-69.37%)

24.97 (61.33%)

Enterprise Value Over EBIT (EV/EBIT)

-42 (-250.00%)

-12 (-300.00%)

-3 (85.71%)

-21

Enterprise Value Over EBITDA (EV/EBITDA)

459.48 (927.99%)

-55.49 (-958.22%)

-5.24 (80.74%)

-27.23

Asset Turnover

0.79 (19.28%)

0.66 (8.50%)

0.61 (-7.41%)

0.66 (-2.36%)

Current Ratio

2.02 (-32.84%)

3.02 (-36.81%)

4.77 (-55.24%)

10.66 (234.17%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$41,067,000 (35.01%)

-$63,192,000 (54.88%)

-$140,058,000 (7.08%)

-$150,726,000 (-8.24%)

Enterprise Value (EV)

$3,821,465,537 (194.38%)

$1,298,136,054 (117.38%)

$597,165,013 (-81.32%)

$3,196,570,549

Earnings Before Tax (EBT)

-$91,674,000 (18.88%)

-$113,005,000 (40.24%)

-$189,096,000 (-23.57%)

-$153,028,000 (-8.36%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$8,317,000 (135.55%)

-$23,393,000 (79.46%)

-$113,871,000 (3.00%)

-$117,392,000 (-3.00%)

Invested Capital

$794,206,000 (6.30%)

$747,111,000 (1.12%)

$738,854,000 (324.67%)

$173,984,000 (59.06%)

Working Capital

$118,710,000 (-35.67%)

$184,532,000 (-32.55%)

$273,600,000 (-40.41%)

$459,128,000 (477.22%)

Tangible Asset Value

$796,748,000 (0.45%)

$793,180,000 (-5.84%)

$842,403,000 (21.42%)

$693,811,000 (179.24%)

Market Capitalization

$3,744,263,537 (194.73%)

$1,270,413,054 (29.85%)

$978,366,013 (-70.65%)

$3,333,929,549

Average Equity

$462,465,500 (-8.28%)

$504,203,000 (-14.68%)

$590,944,500 (241.83%)

$172,877,500 (171.95%)

Average Assets

$854,153,750 (-2.93%)

$879,898,250 (14.48%)

$768,591,000 (49.48%)

$514,166,000 (57.69%)

Invested Capital Average

$772,411,750 (1.68%)

$759,631,250 (128.51%)

$332,424,500 (134.62%)

$141,683,500 (40.62%)

Shares

115,670,792 (2.89%)

112,425,934 (1.47%)

110,800,228 (4.22%)

106,311,529 (0.00%)