First Watch Restaurant Group, Inc. (FWRG)

NASDAQ: FWRG · Real-Time Price · USD

11.26

+0.28 (2.55%)

At close: Oct 12, 2026, 4:00 PM EDT

11.41

+0.15 (1.33%)

After-hours: Oct 12, 2026, 7:37 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	Oct '26 Oct 12, 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
Market Capitalization	695	971	1,133	1,202	841	943
Market Cap Growth	-24.74%	-14.27%	-5.79%	42.93%	-10.79%	-
Enterprise Value	1,748	1,933	1,860	1,724	1,293	1,545
Last Close Price	10.98	15.91	18.70	20.10	14.21	15.97

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 12, 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	39.77	49.97	59.85	47.36	121.79	-
Forward PE	55.85	50.17	47.58	45.17	49.95	201.90
PS Ratio	0.53	0.79	1.12	1.35	1.15	1.57
PB Ratio	1.07	1.55	1.90	2.14	1.61	1.87
P/TBV Ratio	16.11	31.16	38.75	23.94	24.20	58.17
P/FCF Ratio	-	-	-	100.12	1171.63	34.09
P/OCF Ratio	5.43	7.71	9.79	12.61	13.37	14.98

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 12, 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	1.33	1.58	1.83	1.93	1.77	2.57
EV/EBITDA Ratio	15.02	17.77	18.28	19.61	22.60	25.87
EV/EBIT Ratio	53.18	57.25	42.22	36.92	56.28	56.51
EV/FCF Ratio	-	-	-	143.53	1800.28	55.84

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 12, 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%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 12, 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	2.56%	2.00%	1.67%	2.11%	0.82%	-0.22%
FCF Yield	-3.00%	-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%

SEC Filings: 10-K · 10-Q