First Watch Restaurant Group, Inc. Common Stock (FWRG) Stock Price

FWRGStock

$12.12−31.10%52W

Market Cap$747.95M

P/E38.49x

PEG Ratio—

Div yield—

Beta1.06

FWRG Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-5.06%

Price vs S&P 500 (4W)20.85%

VGM Score61.92

P/E Ratio (Annual)38.49x

P/CF (Annual)5.94x

Book Value / Share (Quarterly)$10.28

P/TBV (Annual)2.09x

Indicated Dividend (Annual)$0.00

Revenue Growth (3Y)18.74%

Cash Flow / Share (Quarterly)$-0.35

Price vs S&P 500 (YTD)-31.56%

Gross Margin (TTM)61.79%

Net Profit Margin (TTM)1.35%

EPS (TTM)$0.28

10-Day Avg Trading Volume1.81M

EPS Excl Extra (TTM)$0.28

Revenue Growth (5Y)28.99%

EPS (Annual)$0.31

ROI (Annual)2.14%

Gross Margin (Annual)61.65%

Net Profit Margin (5Y Avg)1.38%

Cash / Share (Quarterly)$0.33

P/E Basic Excl Extra (TTM)42.00x

Revenue Growth QoQ (YoY)15.20%

P/E Normalized (Annual)38.49x

ROA (Last FY)1.12%

Revenue Growth TTM (YoY)19.27%

EBITD / Share (TTM)$1.79

ROE (5Y Avg)2.34%

Operating Margin (TTM)2.14%

Cash Flow / Share (Annual)$-0.52

P/B Ratio1.18x

P/B Ratio (Quarterly)1.26x

Net Income / Employee (Annual)$1,100

EV / Revenue (TTM)0.77x

Net Interest Coverage (TTM)1.73x

ROA (TTM)1.01%

EPS Growth QoQ (YoY)11.28%

EV / EBITDA (TTM)9.13x

EPS Incl Extra (Annual)$0.31

Current Ratio (Annual)0.29x

Quick Ratio (Quarterly)0.16x

3-Month Avg Trading Volume1.24M

52-Week Price Return-31.10%

P/E Incl Extra (TTM)42.00x

Revenue / Employee (TTM)$75,300

Tangible BV / Share (Quarterly)$7.51

P/S Ratio (Annual)0.61x

Asset Turnover (Annual)0.70x

52-Week High$18.82

Operating Margin (5Y Avg)3.36%

EPS Excl Extra (Annual)$0.31

CapEx CAGR (5Y)42.37%

26-Week Price Return4.84%

Quick Ratio (Annual)0.20x

13-Week Price Return-2.65%

Total Debt / Equity (Annual)0.45x

Current Ratio (Quarterly)0.27x

Enterprise Value$1.02B

Revenue / Share Growth (5Y)27.37%

Asset Turnover (TTM)0.75x

Revenue / Employee (Annual)$69,900

Inventory Turnover (Annual)70.54x

Pretax Margin (Annual)0.99%

Cash / Share (Annual)$0.35

3-Month Return Std Dev47.10%

Gross Margin (5Y Avg)62.02%

Net Income / Employee (TTM)$1,000

ROE (Last FY)3.10%

Net Interest Coverage (Annual)1.53x

EPS Basic Excl Extra (Annual)$0.31

P/FCF (TTM)74.04x

Receivables Turnover (TTM)214.36x

Total Debt / Equity (Quarterly)0.46x

EPS Incl Extra (TTM)$0.28

Receivables Turnover (Annual)173.48x

ROI (TTM)1.97%

P/S Ratio (TTM)0.57x

Pretax Margin (5Y Avg)1.92%

Revenue / Share (Annual)$19.45

Tangible BV / Share (Annual)$7.38

Forward P/E51.03x

Price vs S&P 500 (52W)-46.63%

P/E Ratio (TTM)42.00x

EPS Growth TTM (YoY)331.35%

Year-to-Date Return-19.63%

5-Day Price Return7.64%

EPS Normalized (Annual)$0.31

ROA (5Y Avg)0.96%

Net Profit Margin (Annual)1.59%

Month-to-Date Return19.17%

Cash Flow / Share (TTM)$0.99

EBITD / Share (Annual)$1.63

EPS Growth (3Y)39.13%

Operating Margin (Annual)2.25%

LT Debt / Equity (Annual)0.41x

P/CF (TTM)5.83x

ROI (5Y Avg)1.80%

P/E Excl Extra (TTM)42.00x

LT Debt / Equity (Quarterly)0.42x

EPS Basic Excl Extra (TTM)$0.28

P/TBV (Quarterly)1.73x

P/B Ratio (Annual)1.50x

Inventory Turnover (TTM)69.12x

Pretax Margin (TTM)0.76%

Book Value / Share (Annual)$10.24

Price vs S&P 500 (13W)-5.34%

Beta1.06x

P/FCF (Annual)70.23x

Revenue / Share (TTM)$21.16

ROE (TTM)2.85%

52-Week Low$9.88

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FWRG Earnings Surprise History

Quarter	Report date	EPS estimate	EPS actual	Surprise
Q2 2026	Aug 4, 2026	$0.05	$0.05	-13.14%(-$0.01)
Q1 2026	May 5, 2026	-$0.03	-$0.02	+21.99%(+$0.01)
Q4 2025	Feb 24, 2026	$0.07	$0.26	+280.44%(+$0.19)
Q3 2025	Nov 4, 2025	$0.07	$0.06	-15.90%(-$0.01)
Q2 2025	Aug 5, 2025	$0.06	$0.05	-17.08%(-$0.01)

FWRG Analyst Recommendations

Jun 2026

Jul 2026

Aug 2026

Sep 2026

4.33

4.39

4.41

Industry Peers — Restaurants(47)

Symbol	Value Score	Growth Score	Momentum Score	P/S Ratio (TTM)	ROE (TTM)	Operating Margin (TTM)	Revenue Growth TTM (YoY)	Price
FWRGFirst Watch Restaurant Group, Inc. Common Stock	C	A	C	0.6x	2.9%	2.1%	19.3%	$12.12
MCDMcDonald's Corporation	D	C	C	6.2x	95.1%	46.2%	6.3%	$242.97
YUMYum! Brands, Inc.	D	B	C	4.7x	117.6%	31.0%	10.3%	$150.51
CMGChipotle Mexican Grill, Inc.	D	B	D	3.0x	53.3%	14.7%	7.3%	$29.89
QSRRestaurant Brands International Inc.	D	B	B	3.5x	34.9%	26.9%	6.5%	$74.81
DRIDarden Restaurants, Inc.	C	C	B	1.8x	55.9%	11.7%	8.1%	$216.35
YUMCYum China Holdings, Inc. Common Stock	C	C	B	1.2x	17.8%	11.1%	8.8%	$45.12
ARMKARAMARK	C	B	B	0.7x	11.8%	4.4%	11.0%	$55.28
TXRHTexas Roadhouse, Inc.	D	B	C	1.8x	27.6%	7.8%	9.9%	$168.40
EATBrinker International, Inc.	C	B	B	1.5x	123.8%	10.7%	36.4%	$204.14
CAVACAVA Group, Inc.	D	A	C	3.7x	35.3%	14.9%	68.0%	$57.25
CAKECheesecake Factory (The)	D	C	A	1.5x	38.8%	5.3%	5.7%	$114.92
JMKEJersey Mike's Subs Inc.	—	—	C	—	—	—	—	$17.95
WINGWingstop Inc	D	B	D	4.6x	18.1%	27.9%	7.6%	$131.72
ARCOARCOS DORADOS HOLDINGS INC.	A	A	C	0.2x	32.9%	4.7%	86.6%	$7.95
CBRLCracker Barrel Old Country Store, Inc,.	C	D	A	0.5x	7.0%	1.1%	-4.7%	$68.97
BHBiglari Holdings Inc. Class B Common Stock	D	D	B	3.4x	-5.5%	7.5%	43.8%	$434.04
BH.ABiglari Holdings Inc. Class A Common Stock	D	D	B	3.4x	-5.5%	7.5%	43.8%	$2105.32
BJRIBJ's Restaurants, Inc.	C	D	B	0.9x	11.0%	2.7%	3.5%	$59.38
SGSweetgreen, Inc.	D	C	A	1.8x	3.2%	2.1%	-0.7%	$10.04
BLMNBloomin' Brands, Inc. Common Stock	B	C	A	0.2x	7.3%	1.2%	9.1%	$9.95
PZZAPapa John's International Inc	B	F	F	0.3x	579.7%	4.3%	-14.3%	$19.39
HDLSUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares	B	C	D	0.7x	2.6%	4.3%	10.5%	$10.22
LOCOEl Pollo Loco Holdings, Inc.	B	C	B	1.0x	11.7%	10.5%	4.4%	$16.34
KRUSKura Sushi USA, Inc. Class A Common Stock	D	B	D	1.5x	-0.9%	-1.4%	18.4%	$38.11
NATHNathan's Famous Inc	C	C	C	2.5x	23.4%	17.7%	12.4%	$101.90
DINDine Brands Global, Inc.	B	D	B	0.5x	34.4%	2.5%	8.4%	$32.02
PTLOPortillo's Inc. Class A Common Stock	B	D	C	0.5x	3.0%	4.5%	-23.8%	$4.66
PCPremium Catering (Holdings) Limited Ordinary Shares	F	F	B	9.1x	—	-143.9%	-16.9%	$9.40
PLAYDave & Buster's Entertainment, Inc.	B	D	D	0.1x	-86.5%	1.7%	-1.5%	$7.60
JACKJack in the Box Inc.	B	F	D	0.2x	87.4%	13.3%	-20.2%	$12.19
RICKRCI Hospitality Holdings, Inc.	B	B	C	0.7x	-1.8%	9.6%	0.9%	$25.67
RRGBRed Robin Gourmet Burgers Inc	B	F	A	0.1x	-348.1%	-0.4%	-3.7%	$8.81
HCHLHappy City Holdings Limited Class A Ordinary shares	—	—	B	—	—	—	—	$3.96
BDLFlanigan's Enterprises Inc	B	B	B	0.4x	9.8%	5.1%	6.5%	$47.62
NDLSNoodles & Company Class A	C	D	A	0.2x	-209.2%	-2.6%	0.2%	$13.97
MBMasterBeef Group Ordinary Shares	D	F	C	0.8x	-146.1%	-8.9%	-7.8%	$4.04
GENKGEN Restaurant Group, Inc. Class A Common Stock	C	D	C	0.3x	-31.1%	-13.5%	-2.9%	$1.69
STKSThe ONE Group Hospitality, Inc. Common Stock	A	C	F	0.0x	-69.2%	2.1%	-4.1%	$1.21
THCHTH International Limited Ordinary shares	B	D	F	0.2x	-618.0%	-32.4%	-10.8%	$1.00
LVOLiveOne, Inc. Common Stock	C	F	F	0.4x	-341.4%	-19.6%	-23.1%	$2.32
ARKRArk Restaurants Corp	C	F	D	0.1x	-9.8%	-1.3%	-9.5%	$4.37
GTIMGood Times Restaurants Inc.	A	C	C	0.1x	6.6%	1.3%	-5.8%	$1.39
REBNReborn Coffee, Inc. Common Stock	D	A	D	0.7x	-99.2%	-28.5%	145.2%	$1.40
BTBDBT Brands, Inc. Common Stock	C	D	B	0.8x	-9.0%	-6.3%	-11.4%	$1.63
CCHHCCH Holdings Ltd Class A Ordinary Shares	—	C	F	—	—	—	—	$1.00
VSTDVestand Inc. Class A Common Stock	—	B	F	0.0x	-69.0%	-27.4%	30.4%	$0.00
BTBDWBT Brands, Inc. Warrant	—	—	F	—	—	—	—	$0.02

About First Watch Restaurant Group, Inc. Common Stock

First Watch Restaurant Group operates a daytime casual dining concept featuring made-to-order breakfast, brunch, and lunch prepared with fresh ingredients. The company generates revenues from both company-operated restaurants, which represent the majority of sales, and franchise locations.

FWRG Next Earnings Report

Report dateNov 3, 2026

QuarterQ3 2026

Report timeBMO

EPS estimate$0.03

Revenue estimate$349.67M

Also reporting on Nov 3, 2026

Scheduled date with consensus estimates — both can change before the company reports.

Earnings calendar for November 2026

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Same SIC sector, outside this company's own industry.

Analyst Sentiment

4.4

Strong Buy

Consensus rating

52-Week Range

Low$9.88

High$18.82