Sweetgreen vs ONE Group Hospitality
ONE Group Hospitality is the larger business, with $806m of revenue in fiscal 2025 against $679m for Sweetgreen (1.2 times as much). ONE Group Hospitality grew faster (19.7% against 0.4%). ONE Group Hospitality kept more of each dollar of sales as profit: a net margin of -11.4% against -19.7%.
| Latest fiscal year | SweetgreenSG, 2025 | ONE Group HospitalitySTKS, 2025 |
|---|---|---|
| Revenue | $679m | $806m |
| Revenue growth | 0.4% | 19.7% |
| Net income | −$134m | −$92.2m |
| Operating margin | -20.5% | — |
| Net margin | -19.7% | -11.4% |
| Return on equity | -33.4% | — |
| Free cash flow | −$119m | −$27.3m |
| Cash | $89.2m | $4.2m |
| Total debt | $0 | $354m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $1.1m |
| Employees | 6,486 | — |
| Market value | $1.35bn | $38.8m |
| Price vs our value range | — | — |
| Moat score | 17 (Weak) | 33 (Weak) |
| Insider trades, 12 months | 4 buys, 6 sales | 0 buys, 0 sales |