FWRG
First Watch Restaurant Group, Inc.NASDAQConsumer Cyclical$10.76-1.65%OpenMarket Cap: $657.8M
As of 2026-04-06
Valuation
View DetailsP/E (TTM)
36.51
PEG
—
P/B
1.05
P/S
0.54
EV/EBITDA
12.65
DCF Value
$-22.56
FCF Yield
-4.7%
Div Yield
0.0%
Margins & Returns
Gross Margin
13.0%
Operating Margin
2.8%
Net Margin
1.5%
ROE
3.0%
ROA
1.6%
ROIC
2.0%
Financials
View All| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $316.4M | $15.2M | $0.24 |
| FY 2025 | $1.22B | $19.4M | $0.31 |
| Q3 2025 | $316.0M | $3.0M | $0.05 |
| Q2 2025 | $307.9M | $2.1M | $0.03 |
Analyst Ratings
View AllBarclaysOverweight
2026-02-25CitigroupBuy
2026-02-25Stephens & Co.Overweight
2026-02-25GuggenheimBuy
2026-02-25TD CowenBuy
2026-02-24Trading Activity
Insider Trades
View AllJones John Danielofficer: Chief Operations Officer
SellThu Mar 19
Hartman Eric Richardofficer: Chief Development Officer
SellThu Mar 19
Tomasso Christopher Anthonydirector, officer: President and CEO
SellThu Mar 19
Sorensen Laura Anneofficer: Chief People Officer
SellThu Mar 19
HOPE H MELVILLE IIIofficer: CFO and Treasurer
SellThu Mar 19
Company Info
Sector
Consumer Cyclical
Industry
—
Country
US
Exchange
NASDAQ
Beta
0.98
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.