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FWRG First Watch Restaurant Group Inc
Price (delayed)
$17.75
Market cap
$1.08B
P/E Ratio
50.71
Dividend/share
N/A
EPS
$0.35
Enterprise value
$1.8B
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 gross profit has increased by 23% YoY and by 2.7% QoQ
First Watch Restaurant Group's revenue has increased by 20% YoY and by 3.4% from the previous quarter
The debt rose by 39% year-on-year and by 4% since the previous quarter
FWRG's EPS is down by 15% from the previous quarter and by 5% YoY
Key stats
What are the main financial stats of FWRG
Market
Valuations
Earnings
Shares outstanding
60.57M
Market cap
$1.08B
Enterprise value
$1.8B
Price to earnings (P/E)
50.71
Price to book (P/B)
1.82
Price to sales (P/S)
1.08
EV/EBIT
40.53
EV/EBITDA
14.61
EV/Sales
1.81
Revenue
$997.25M
EBIT
$44.49M
EBITDA
$123.39M
Free cash flow
-$3.99M
Per share
Balance sheet
Liquidity
EPS
$0.35
Free cash flow per share
-$0.07
Book value per share
$9.75
Revenue per share
$16.5
TBVPS
$15.18
Total assets
$1.48B
Total liabilities
$895.83M
Debt
$778.9M
Equity
$589.13M
Working capital
-$61.01M
Debt to equity
1.32
Current ratio
0.54
Quick ratio
0.42
Net debt/EBITDA
5.9
Margins
Efficiency
Dividend
EBITDA margin
12.4%
Gross margin
22.1%
Net margin
2.1%
Operating margin
4.2%
Return on assets
1.5%
Return on equity
3.6%
Return on invested capital
3.3%
Return on capital employed
3.3%
Return on sales
4.5%
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
1.66%
1 week
-6.23%
1 month
2.19%
1 year
0.28%
YTD
-11.69%
QTD
13.78%
Financial performance
How have First Watch Restaurant Group's revenue and profit performed over time
Revenue
$997.25M
Gross profit
$220.7M
Operating income
$41.9M
Net income
$20.87M
Gross margin
22.1%
Net margin
2.1%
First Watch Restaurant Group's gross profit has increased by 23% YoY and by 2.7% QoQ
The net margin has declined by 22% year-on-year and by 16% since the previous quarter
First Watch Restaurant Group's revenue has increased by 20% YoY and by 3.4% from the previous quarter
FWRG's operating income is up by 17% year-on-year but it is down by 3.3% since the previous quarter
Growth
What is First Watch Restaurant Group's growth rate over time
Valuation
What is First Watch Restaurant Group stock price valuation
P/E
50.71
P/B
1.82
P/S
1.08
EV/EBIT
40.53
EV/EBITDA
14.61
EV/Sales
1.81
FWRG's EPS is down by 15% from the previous quarter and by 5% YoY
The price to earnings (P/E) is 2.7% higher than the last 4 quarters average of 49.4
The price to book (P/B) is 9% 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 20% YoY and by 3.4% from the previous quarter
The stock's price to sales (P/S) is 10% 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 21% since the previous quarter and by 21% year-on-year
The company's return on equity fell by 14% QoQ and by 12% YoY
The company's return on invested capital fell by 11% QoQ and by 11% YoY
FWRG's ROS is down by 6% from the previous quarter and by 2.2% YoY
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 66% more than the total liabilities
FWRG's total liabilities is up by 38% year-on-year and by 5% since the previous quarter
The total assets has grown by 23% YoY and by 3.4% from the previous quarter
The debt is 32% greater than the equity
The debt rose by 39% year-on-year and by 4% since the previous quarter
FWRG's debt to equity is up by 31% year-on-year and by 3.1% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.