First Watch Restaurant Group, Inc. (FWRG)

NASDAQ: FWRG · Real-Time Price · USD

12.97

+0.32 (2.53%)

At close: Aug 13, 2026, 4:00 PM EDT

13.22

+0.25 (1.93%)

After-hours: Aug 13, 2026, 7:41 PM EDT

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	Aug '26 Aug 13, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 26, 2022	Dec '21 Dec 27, 2021
Market Cap	800	973	1,135	1,204	841	989
Market Cap Growth	-26.31%	-14.31%	-5.71%	43.08%	-14.93%	-
Enterprise Value	1,854	1,960	1,911	1,761	1,299	1,411
Last Close Price	12.97	15.91	18.70	20.10	14.21	16.75

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 13, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 26, 2022	Dec '21 Dec 27, 2021
PE Ratio	45.81	51.32	62.33	49.02	121.58	-
Forward PE	59.44	50.17	47.58	45.17	49.95	201.90
PS Ratio	0.61	0.80	1.12	1.35	1.15	1.65
PB Ratio	1.26	1.55	1.91	2.14	1.61	1.96
P/TBV Ratio	18.71	32.08	39.89	24.49	24.16	51.35
P/FCF Ratio	-	-	-	100.24	1171.85	35.76
P/OCF Ratio	6.24	7.72	9.81	12.63	13.37	15.71

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 13, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 26, 2022	Dec '21 Dec 27, 2021
EV/Sales Ratio	1.41	1.60	1.88	1.98	1.78	2.35
EV/EBITDA Ratio	16.59	19.12	19.78	21.35	25.40	25.84
EV/EBIT Ratio	65.71	71.25	49.13	42.68	76.81	63.44
EV/FCF Ratio	-	-	-	146.65	1809.28	51.02

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 13, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 26, 2022	Dec '21 Dec 27, 2021
Debt / Equity Ratio	1.54	1.47	1.25	1.00	0.88	0.86
Debt / EBITDA Ratio	9.61	9.84	8.38	7.36	9.92	8.68
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	9.42	9.63	8.03	6.76	8.95	7.73
Net Debt / FCF Ratio	-50.43	-31.86	-63.41	46.41	637.43	15.26
Asset Turnover	0.74	0.75	0.73	0.75	0.68	0.59
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)	2.83%	3.18%	3.27%	4.68%	1.34%	-0.51%
Return on Assets (ROA)	2.81%	2.71%	1.89%	2.45%	0.86%	-12.33%
Return on Invested Capital (ROIC)	3.02%	2.95%	2.11%	2.77%	0.97%	-13.72%
Return on Capital Employed (ROCE)	1.75%	1.86%	3.08%	3.83%	1.73%	2.36%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 13, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 26, 2022	Dec '21 Dec 27, 2021
Earnings Yield	2.22%	1.95%	1.60%	2.04%	0.82%	-
FCF Yield	-	-	-	1.00%	0.09%	2.80%
Buyback Yield / Dilution	0.41%	-0.79%	-1.90%	-3.54%	-18.93%	-10.39%
Total Shareholder Return	0.41%	-0.79%	-1.90%	-3.54%	-18.93%	-10.39%

SEC Filings: 10-K · 10-Q