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

FWRGStock

$12.51−33.56%52W

Market Cap$772.02M

P/E41.19x

PEG Ratio—

Div yield—

Beta1.06

FWRG Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-10.39%

Price vs S&P 500 (4W)-1.46%

VGM Score59.78

P/E Ratio (Annual)41.19x

P/CF (Annual)6.36x

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)-29.86%

Gross Margin (TTM)61.79%

Net Profit Margin (TTM)1.35%

EPS (TTM)$0.28

10-Day Avg Trading Volume0.77M

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)44.94x

Revenue Growth QoQ (YoY)15.20%

P/E Normalized (Annual)41.19x

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 Ratio1.26x

P/B Ratio (Quarterly)1.26x

Net Income / Employee (Annual)$1,100

EV / Revenue (TTM)0.81x

Net Interest Coverage (TTM)1.73x

ROA (TTM)1.01%

EPS Growth QoQ (YoY)11.28%

EV / EBITDA (TTM)9.60x

EPS Incl Extra (Annual)$0.31

Current Ratio (Annual)0.29x

Quick Ratio (Quarterly)0.16x

3-Month Avg Trading Volume1.21M

52-Week Price Return-33.56%

P/E Incl Extra (TTM)44.94x

Revenue / Employee (TTM)$75,300

Tangible BV / Share (Quarterly)$7.51

P/S Ratio (Annual)0.65x

Asset Turnover (Annual)0.70x

52-Week High$19.15

Operating Margin (5Y Avg)3.36%

EPS Excl Extra (Annual)$0.31

CapEx CAGR (5Y)42.37%

26-Week Price Return1.54%

Quick Ratio (Annual)0.20x

13-Week Price Return7.01%

Total Debt / Equity (Annual)0.45x

Current Ratio (Quarterly)0.27x

Enterprise Value$1.07B

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 Dev49.99%

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)79.23x

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)0.61x

Pretax Margin (5Y Avg)1.92%

Revenue / Share (Annual)$19.45

Tangible BV / Share (Annual)$7.38

Forward P/E63.31x

Price vs S&P 500 (52W)-52.12%

P/E Ratio (TTM)44.94x

EPS Growth TTM (YoY)331.35%

Year-to-Date Return-17.04%

5-Day Price Return-5.01%

EPS Normalized (Annual)$0.31

ROA (5Y Avg)0.96%

Net Profit Margin (Annual)1.59%

Month-to-Date Return-2.65%

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)6.24x

ROI (5Y Avg)1.80%

P/E Excl Extra (TTM)44.94x

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)5.06%

Beta1.06x

P/FCF (Annual)75.16x

Revenue / Share (TTM)$21.16

ROE (TTM)2.85%

52-Week Low$9.97

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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

May 2026

Jun 2026

Jul 2026

Aug 2026

4.33

4.39

4.41

Industry Peers — Restaurants(47)

Symbol	Value Score	Growth Score	Momentum Score	Price
FWRGFirst Watch Restaurant Group, Inc. Common Stock	C	A	C	$12.51
MCDMcDonald's Corporation	D	C	C	$265.00
CMGChipotle Mexican Grill, Inc.	D	B	B	$38.03
YUMYum! Brands, Inc.	D	B	C	$153.86
QSRRestaurant Brands International Inc.	D	B	C	$78.26
DRIDarden Restaurants, Inc.	C	B	C	$215.63
YUMCYum China Holdings, Inc. Common Stock	C	C	C	$45.02
ARMKARAMARK	C	B	B	$58.18
TXRHTexas Roadhouse, Inc.	D	B	B	$198.99
EATBrinker International, Inc.	D	A	B	$230.19
CAVACAVA Group, Inc.	F	C	C	$66.94
CAKECheesecake Factory (The)	D	C	A	$112.07
JMKEJersey Mike's Subs Inc.	—	—	D	$22.46
WINGWingstop Inc	D	B	F	$113.58
ARCOARCOS DORADOS HOLDINGS INC.	B	A	C	$8.00
BJRIBJ's Restaurants, Inc.	D	D	A	$65.12
CBRLCracker Barrel Old Country Store, Inc,.	B	D	B	$55.66
BH.ABiglari Holdings Inc. Class A Common Stock	D	D	B	$1905.68
BHBiglari Holdings Inc. Class B Common Stock	D	D	B	$376.97
BLMNBloomin' Brands, Inc. Common Stock	B	B	B	$10.58
SGSweetgreen, Inc.	C	C	C	$6.97
HDLSUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares	B	C	D	$13.28
PZZAPapa John's International Inc	C	F	D	$23.72
KRUSKura Sushi USA, Inc. Class A Common Stock	D	B	D	$47.46
LOCOEl Pollo Loco Holdings, Inc.	B	C	B	$15.31
DINDine Brands Global, Inc.	B	D	B	$33.60
NATHNathan's Famous Inc	C	C	C	$98.47
PTLOPortillo's Inc. Class A Common Stock	B	D	C	$4.70
PLAYDave & Buster's Entertainment, Inc.	B	D	F	$9.40
JACKJack in the Box Inc.	B	F	C	$16.19
RICKRCI Hospitality Holdings, Inc.	B	C	B	$30.18
RRGBRed Robin Gourmet Burgers Inc	B	D	B	$9.31
HCHLHappy City Holdings Limited Class A Ordinary shares	—	—	B	$3.96
NDLSNoodles & Company Class A	C	D	A	$14.78
BDLFlanigan's Enterprises Inc	B	C	B	$45.50
MBMasterBeef Group Ordinary Shares	D	F	D	$4.28
GENKGEN Restaurant Group, Inc. Class A Common Stock	C	D	D	$1.91
LVOLiveOne, Inc. Common Stock	C	F	D	$3.87
STKSThe ONE Group Hospitality, Inc. Common Stock	A	B	D	$1.67
THCHTH International Limited Ordinary shares	C	C	D	$1.30
PCPremium Catering (Holdings) Limited Ordinary Shares	F	F	B	$9.40
CCHHCCH Holdings Ltd Class A Ordinary Shares	—	C	F	$1.21
ARKRArk Restaurants Corp	B	F	C	$5.49
GTIMGood Times Restaurants Inc.	A	C	B	$1.50
REBNReborn Coffee, Inc. Common Stock	D	A	F	$1.26
BTBDBT Brands, Inc. Common Stock	C	F	B	$1.48
VSTDVestand Inc. Class A Common Stock	—	B	F	$0.00
BTBDWBT Brands, Inc. Warrant	—	—	F	$0.03

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.