FWRG First Watch Restaurant Group Inc
Price (delayed)
$18.42
Market cap
$1.12B
P/E Ratio
59.42
Dividend/share
N/A
EPS
$0.31
Enterprise value
$1.89B
First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of March 23, 2022, it operated 341 company-owned restaurants and 94 franchised restaurants in
Highlights
First Watch Restaurant Group's revenue has increased by 14% YoY
First Watch Restaurant Group's gross profit has increased by 13% YoY
First Watch Restaurant Group's quick ratio has decreased by 41% YoY and by 31% from the previous quarter
The debt rose by 33% year-on-year and by 3.9% since the previous quarter
Key stats
What are the main financial stats of FWRG
Market
Valuations
Earnings
Shares outstanding
60.7M
Market cap
$1.12B
Enterprise value
$1.89B
Price to earnings (P/E)
59.42
Price to book (P/B)
1.87
Price to sales (P/S)
1.09
EV/EBIT
46.58
EV/EBITDA
15.16
EV/Sales
1.86
Revenue
$1.02B
Gross profit
$223.11M
Operating income
$38.91M
Net income
$18.93M
EBIT
$40.67M
EBITDA
$124.97M
Free cash flow
-$12.28M
Per share
Balance sheet
Liquidity
EPS
$0.31
EPS diluted
$0.3
Free cash flow per share
-$0.2
Book value per share
$9.83
Revenue per share
$16.83
TBVPS
$15.71
Total assets
$1.51B
Total liabilities
$918.97M
Debt
$809.55M
Equity
$595.39M
Working capital
-$82.6M
Debt to equity
1.36
Current ratio
0.4
Quick ratio
0.29
Net debt/EBITDA
6.21
Margins
Efficiency
Dividend
EBITDA margin
12.3%
Gross margin
22%
Net margin
1.9%
Operating margin
3.8%
Return on assets
1.3%
Return on equity
3.2%
Return on invested capital
2.8%
Return on capital employed
3%
Return on sales
4%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
FWRG stock price
How has the First Watch Restaurant Group stock price performed over time
Intraday
2.85%
1 week
4.84%
1 month
-13.6%
1 year
-21.38%
YTD
-1.02%
QTD
10.63%
Financial performance
How have First Watch Restaurant Group's revenue and profit performed over time
Revenue
$1.02B
Gross profit
$223.11M
Operating income
$38.91M
Net income
$18.93M
Gross margin
22%
Net margin
1.9%
The net margin has declined by 32% year-on-year and by 10% since the previous quarter
The net income has decreased by 25% YoY and by 9% from the previous quarter
FWRG's operating margin is down by 17% year-on-year and by 10% since the previous quarter
First Watch Restaurant Group's revenue has increased by 14% YoY
Growth
What is First Watch Restaurant Group's growth rate over time
Valuation
What is First Watch Restaurant Group stock price valuation
P/E
59.42
P/B
1.87
P/S
1.09
EV/EBIT
46.58
EV/EBITDA
15.16
EV/Sales
1.86
FWRG's EPS is down by 28% YoY and by 11% from the previous quarter
The price to earnings (P/E) is 13% higher than the last 4 quarters average of 52.8
The price to book (P/B) is 7% less than the last 4 quarters average of 2.0
First Watch Restaurant Group's equity has increased by 6% YoY
First Watch Restaurant Group's revenue has increased by 14% YoY
The stock's price to sales (P/S) is 9% less than its last 4 quarters average of 1.2
Efficiency
How efficient is First Watch Restaurant Group business performance
The return on assets has declined by 38% year-on-year and by 13% since the previous quarter
The company's return on invested capital fell by 32% YoY and by 15% QoQ
The company's return on equity fell by 30% YoY and by 11% QoQ
FWRG's ROS is down by 20% YoY and by 11% from the previous quarter
Dividends
What is FWRG's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A
There are no recent dividends present for FWRG.
Financial health
How did First Watch Restaurant Group financials performed over time
The total assets is 65% more than the total liabilities
First Watch Restaurant Group's quick ratio has decreased by 41% YoY and by 31% from the previous quarter
The current ratio has contracted by 35% YoY and by 26% from the previous quarter
The debt is 36% greater than the equity
The debt rose by 33% year-on-year and by 3.9% since the previous quarter
FWRG's debt to equity is up by 26% year-on-year and by 3% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.