Grove Collaborative Holdings, Inc.

GROV · Consumer Discretionary · $45.0M mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

Shallow moat
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The five investor questions

Revenue & EPS trend20

2020–2025: revenue 364271000.00 to 173716000.00, decreasing; diluted EPS -1.83 to -0.34, increasing.

Pricing power83

Median gross margin 51.1% over 6y, very stable.

Returns on capital

Not enough years of ROIC data to score returns on capital.

Balance-sheet safety55

Net cash position — no leverage risk.

Capital discipline35

Owner earnings trend unclear, share count growing (dilution).

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

Price vs. owner-earnings value range

Above estimateBelow estimate
No price data
Owner earnings (normalized)
Value range / share
Conservative high estimate / share
Recent price
$1.07
Price vs. high estimate
No price data

Conservative range under moat-index@2.0.0: low end 11.1×, high end capped at 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

7 years of fundamentals

The business, in plain English

Grove Collaborative Holdings, Inc. booked $173.7M of revenue in FY2025 in the Consumer Discretionary sector and kept 53.7% of it as gross profit — a solid-margin business by that measure. After every other cost, −6.7% of each revenue dollar reached the bottom line.

Across the filed record, revenue shrank from $364.3M (FY2020) to $173.7M (FY2025) — about −13.8% a year compounded over 5 years.

The balance sheet carried $7.5M of total debt in FY2025. Balance-Sheet Safety scores it 55/100.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2019–FY2025 · 7 fiscal years, normalized from GROV’s SEC filings

RevenueSales, as filed$173.7M FY2025
$0$200M$400M2019202120232025
Gross marginRevenue kept after cost of goods53.7% FY2025
0%20%40%2019202120232025
Return on invested capitalOperating profit on the capital employed−1676.3% FY2022
−1000%0%2019202120232025
Owner earningsCash an owner could take out−$11.2M FY2025
−$100M−$50M$02019202120232025

Gaps in a line mean that item isn’t in GROV’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

8 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale48.3 / 100
0406080100WideNarrowShallowNo moatJul 20, 2026Jul 21, 2026

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

  1. Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Track record

How Grove Collaborative Holdings, Inc.’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.

As-of scores 20212025, one methodology version · reconstructed from filings on file each Dec 31 — never with hindsight

As-of Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored GROV on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatAs-of Moat Score25102050100Indexed price · log scale (2022 = 100)202120222023202420252026

Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.

What followed, in the years it rated Wide

In the reconstructed history shown, GROV did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.

Consumer Discretionary context

#230 of 482 scored Consumer Discretionary companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #228EZPW EZCORP, INC.48.6 out of 100, Shallow moatShallow moat
  2. #229NEGG Newegg Commerce, Inc.48.6 out of 100, Shallow moatShallow moat
  3. #231TNL Travel & Leisure Co.48.2 out of 100, Shallow moatShallow moat
  4. #232FOXF Fox Factory Holding Corp.48.0 out of 100, Shallow moatShallow moat

Compare GROV with its nearest peersAll Consumer Discretionary companies on the Index →

Common questions about GROV

Does Grove Collaborative Holdings, Inc. have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores Grove Collaborative Holdings, Inc. (GROV) 48.3 out of 100 — a Shallow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 20, pricing power 83, returns on capital not measurable from the filings, balance-sheet safety 55, capital discipline 35.
How has GROV's Moat Score changed over time?
The record logs 8 readings since Jul 17, 2026; the latest reads 48.3 out of 100 (shallow moat). No tier changes on record yet. (A methodology upgrade on Jul 20, 2026 re-based the score; readings across engine versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.
Grove Collaborative Holdings, Inc. (GROV) Moat Score — The Moat Index · Buy Like Buffett