Stocktoria
First Watch Restaurant Group, Inc. FWRG
Nasdaq · XNAS · stock · Retail-Eating Places · website · IPO 2021-10-01
First Watch Restaurant Group, Inc. statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else is from filings.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating margin | 2.3% | 3.8% | 4.6% | 2.3% | 3.7% |
| Net margin | 1.6% | 1.9% | 2.8% | 0.9% | -0.4% |
| FCF margin | -2.5% | -1.2% | 1.3% | 0.1% | 4.6% |
| Return on assets | 1.1% | 1.2% | 2.0% | 0.6% | -0.2% |
| Return on equity | 3.1% | 3.2% | 4.5% | 1.3% | -0.4% |
| Current ratio | 0.29 | 0.40 | 0.62 | 0.67 | 0.70 |
| Revenue growth | 20.3% | 13.9% | 22.1% | 21.5% | 75.6% |
Source: SEC EDGAR filings · CIK 0001789940 · as of 2025-12-28. Facts from filings plus Stocktoria's own computed scores — not investment advice.