First Watch Restaurant Group, Inc. (FWRG)
NASDAQ: FWRG · Real-Time Price · USD
10.14
-0.04 (-0.39%)
Sep 21, 2026, 4:00 PM EDT - Market closed
FWRG Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 21, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 25, 2022 | Dec '21 Dec 26, 2021 |
| 626 | 971 | 1,133 | 1,202 | 841 | 943 | |
Market Cap Growth | -35.67% | -14.27% | -5.79% | 42.93% | -10.79% | - |
Enterprise Value | 1,679 | 1,933 | 1,860 | 1,724 | 1,293 | 1,545 |
Last Close Price | 10.14 | 15.91 | 18.70 | 20.10 | 14.21 | 15.97 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 21, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 25, 2022 | Dec '21 Dec 26, 2021 |
PE Ratio | 35.81 | 49.97 | 59.85 | 47.36 | 121.79 | - |
Forward PE | 46.47 | 50.17 | 47.58 | 45.17 | 49.95 | 201.90 |
PS Ratio | 0.47 | 0.79 | 1.12 | 1.35 | 1.15 | 1.57 |
PB Ratio | 0.99 | 1.55 | 1.90 | 2.14 | 1.61 | 1.87 |
P/TBV Ratio | 14.49 | 31.16 | 38.75 | 23.94 | 24.20 | 58.17 |
P/FCF Ratio | - | - | - | 100.12 | 1171.63 | 34.09 |
P/OCF Ratio | 4.88 | 7.71 | 9.79 | 12.61 | 13.37 | 14.98 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 21, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 25, 2022 | Dec '21 Dec 26, 2021 |
EV/Sales Ratio | 1.27 | 1.58 | 1.83 | 1.93 | 1.77 | 2.57 |
EV/EBITDA Ratio | 14.42 | 17.77 | 18.28 | 19.61 | 22.60 | 25.87 |
EV/EBIT Ratio | 51.05 | 57.25 | 42.22 | 36.92 | 56.28 | 56.51 |
EV/FCF Ratio | - | - | - | 143.53 | 1800.28 | 55.84 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 21, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 25, 2022 | Dec '21 Dec 26, 2021 |
Debt / Equity Ratio | 1.69 | 1.61 | 1.36 | 1.08 | 0.97 | 0.94 |
Debt / EBITDA Ratio | 4.63 | 4.66 | 4.24 | 3.77 | 4.18 | 4.04 |
Debt / FCF Ratio | - | - | - | 50.54 | 706.62 | 17.14 |
Net Debt / Equity Ratio | 1.66 | 1.58 | 1.30 | 0.99 | 0.88 | 0.84 |
Net Debt / EBITDA Ratio | 9.05 | 9.09 | 7.63 | 6.34 | 8.00 | 7.07 |
Net Debt / FCF Ratio | -50.44 | -31.89 | -63.42 | 46.41 | 637.43 | 15.26 |
Asset Turnover | 0.75 | 0.75 | 0.73 | 0.75 | 0.68 | 0.59 |
Inventory Turnover | 143.56 | 146.73 | 137.90 | 133.40 | 129.32 | 136.54 |
Quick Ratio | 0.15 | 0.17 | 0.29 | 0.48 | 0.56 | 0.58 |
Current Ratio | 0.27 | 0.29 | 0.40 | 0.62 | 0.67 | 0.70 |
Return on Equity (ROE) | 2.88% | 3.18% | 3.27% | 4.68% | 1.34% | -0.51% |
Return on Assets (ROA) | 1.18% | 1.30% | 1.98% | 2.46% | 1.33% | 1.66% |
Return on Invested Capital (ROIC) | 1.98% | 2.26% | 2.39% | 3.13% | 1.32% | -16.86% |
Return on Capital Employed (ROCE) | 2.00% | 2.10% | 3.20% | 4.10% | 2.30% | 2.90% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 21, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 25, 2022 | Dec '21 Dec 26, 2021 |
Earnings Yield | 2.85% | 2.00% | 1.67% | 2.11% | 0.82% | -0.22% |
FCF Yield | -3.34% | -3.19% | -1.08% | 1.00% | 0.08% | 2.93% |
Buyback Yield / Dilution | 0.41% | -0.79% | -1.90% | -1.75% | -24.74% | -7.11% |