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First Watch Restaurant Group, Inc.

Data quality: 100%
FWRG
NASDAQ Consumer Cyclical Restaurants
$12.35
▲ $0.17 (1.40%)
Mkt Cap: 755.06M
Day Range
$12.23 $12.63
52-Week Range
$11.44 $20.55
Volume
1,077,887
50D / 200D Avg
$14.84 / $16.40
Prev Close
$12.18

Price History

Financial Trends

Peer Comparison

vs Consumer Cyclical sector median (609 peers)

Metric Stock Sector Median
P/E 38.9 11.1
P/B 1.2 1.4
ROE % 3.2 10.7
Net Margin % 1.6 5.1
Rev Growth 5Y % 19.4 8.2
D/E 1.2 0.8

Key Takeaways

Revenue grew 19.41% annually over 5 years — strong growth
ROE of 3.18% is below average
Negative free cash flow of -30.99M
P/E of 38.86 — premium valuation
ROIC of 1.85% — low return on invested capital

Growth

Revenue Growth (5Y)
19.41%
Revenue (1Y)20.34%
Earnings (1Y)2.68%
FCF Growth (3Y)N/A

Quality

Return on Equity
3.18%
ROIC1.85%
Net Margin1.59%
Op. Margin2.76%

Safety

Debt / Equity
1.18
Current Ratio0.29
Interest Coverage2.02

Valuation

P/E Ratio
38.86
P/B Ratio1.21
EV/EBITDA43.63
Dividend Yield0.00%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 20.34% Revenue Growth (3Y) 17.10%
Earnings Growth (1Y) 2.68% Earnings Growth (3Y) -12.51%
Revenue Growth (5Y) 19.41% Earnings Growth (5Y) N/A
Profitability
Revenue (TTM) 1.22B Net Income (TTM) 19.43M
ROE 3.18% ROA 1.12%
Gross Margin 13.04% Operating Margin 2.76%
Net Margin 1.59% Free Cash Flow (TTM) -30.99M
ROIC 1.85% FCF Growth (3Y) N/A
Safety
Debt / Equity 1.18 Current Ratio 0.29
Interest Coverage 2.02 Dividend Yield 0.00%
Valuation
P/E Ratio 38.86 P/B Ratio 1.21
P/S Ratio 0.62 PEG Ratio 15.01
EV/EBITDA 43.63 Dividend Yield 0.00%
Market Cap 755.06M Enterprise Value 1.47B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 1.22B 1.02B 891.55M 730.16M 601.19M
Net Income 19.43M 18.93M 25.39M 6.91M -2.11M
EPS (Diluted) 0.31 0.30 0.41 0.11 -0.04
Gross Profit 159.44M 792.81M 190.12M 139.54M 124.24M
Operating Income 33.77M 38.91M 41.27M 16.91M 22.24M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 1.74B 1.51B 1.27B 1.10B 1.05B
Total Liabilities 1.12B 918.97M 705.76M 581.31M 542.49M
Shareholders' Equity 626.28M 595.39M 561.28M 523.14M 504.43M
Total Debt 739.60M 809.55M 606.97M 507.35M 473.97M
Cash & Equivalents 21.25M 33.31M 49.63M 49.67M 51.86M
Current Assets 49.08M 55.88M 71.19M 67.29M 67.70M
Current Liabilities 167.50M 138.47M 115.07M 99.98M 96.52M

Strategy Scores

This stock passed the criteria for 1 strategy

Score = fit strength (0–100)
Rank = position among all matches
#176 of 616
51

Recent Activity

Entered Price/Sales Ratio Focus (Ken Fisher)
Mar 24, 2026