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-1.01%
First watch restaurant group, inc.
-1.91%
Avg of Sector
-0.31%
S&P500

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| Quarterly | EPS Forecast | QoQ | Max | Min |
|---|---|---|---|---|
| 2026Q1 | ||||
| 2026Q2 | ||||
| 2026Q3 | ||||
| 2026Q4 | ||||
| 2027Q1 |
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 28 states in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is headquartered in Bradenton, Florida.
Unit : USD
| QTR | Non-GAAP EPS | EPS YoY | EPS Surprise % | Sales | Sales YoY | Sales Surprise % | NPM |
|---|---|---|---|---|---|---|---|
| Current | |||||||
| 2025Q4 | |||||||
| 2025Q3 | |||||||
| 2025Q2 | |||||||
| 2025Q1 |
The most recent financial report for First watch restaurant group, inc. (FWRG) covers the period of 2025Q4 and was published on 2025/12/28. This report is prepared according to IFRS/US GAAP standards and includes key financial indicators—Revenue, Profitability, Cash Flow, and Capital Structure. This information is essential for investors evaluating FWRG's short-term business performance and financial health. For the latest updates on FWRG's earnings releases, visit this page regularly.
According to historical valuation range analysis, First watch restaurant group, inc. (FWRG)'s current price-to-earnings (P/E) ratio is 38.76, placing it in the Value zone on the P/E River chart. This level indicates that the market's expectations for future earnings are already reflected in the share price, with the valuation currently leaning conservative. Investors are advised to further examine the company's fundamentals and its position in the industry cycle to validate whether the valuation is justified.
According to the latest financial report, First watch restaurant group, inc. (FWRG) reported an Operating Profit of 9.04M with an Operating Margin of 2.86% this period, representing a growth of 134.01% compared to the same period last year. Operating Profit reflects the company's core business efficiency and cost control, making it a key indicator for evaluating operational strength and profitability.
In the latest financial report, First watch restaurant group, inc. (FWRG) announced revenue of 316.35M, with a Year-Over-Year growth rate of 20.15%. Revenue growth can be driven by product mix changes, market share expansion, price adjustments, or international market penetration. Investors should also monitor gross margin and regional revenue distribution for a comprehensive view of growth quality and sustainability.
As of the end of the reporting period, First watch restaurant group, inc. (FWRG) had total debt of 1.01B, with a debt ratio of 0.58. Long-term debt comprises a higher/lower proportion. The level of financial leverage directly impacts the company's capital structure and interest coverage. If debt is high, pay attention to interest expenses and refinancing risks. Conversely, a low-leverage structure indicates greater risk tolerance but potentially less growth flexibility.
At the end of the period, First watch restaurant group, inc. (FWRG) held Total Cash and Cash Equivalents of 21.25M, accounting for 0.01 of total assets. Both current and quick ratios indicate robust short-term debt repayment ability. High cash reserves typically mean the company has strong liquidity, supporting operational needs, expansion investments, or shareholder returns.
In the latest report, First watch restaurant group, inc. (FWRG) achieved the “three margins increasing” benchmark, with a gross margin of 20.5%%, operating margin of 2.86%%, and net margin of 4.8%%. This demonstrates improvement in profitability, which is a key signal for fundamental analysis. Investors should consider margin trends alongside other financial indicators to assess FWRG's profit trajectory and future growth potential.
According to the past four quarterly reports, First watch restaurant group, inc. (FWRG)'s earnings per share (EPS) shows a steady growth trend, with the latest EPS at 0.25. If EPS continues to rise due to revenue growth and cost optimization, it can support P/E valuation recovery and attract long-term investors.
First watch restaurant group, inc. (FWRG)'s Free Cash Flow (FCF) for the period is -18.34M, calculated as Operating Cash Flow minus Capital Expenditures, representing a fall of 3.31% compared with the previous period. Positive FCF growth provides stable funding for dividends, debt repayment, or strategic acquisitions, and is an important measure of true profitability and shareholder return potential.
The latest valuation data shows First watch restaurant group, inc. (FWRG) has a Price-To-Earnings (PE) ratio of 38.76 and a Price/Earnings-To-Growth (PEG) ratio of 0.03. A PEG below 1 usually suggests the market is underestimating growth potential, while a PEG above 1 indicates high growth expectations are already priced in. Investors should conduct a comprehensive valuation by considering historical growth, market forecasts, and industry cycles.