FUNDAMENTALS · Fundamentals · US Consumer Cyclical

First Watch Restaurant Group (FWRG) Fundamentals 2026 — P/E 43.0x, Revenue Analysis | SniperIQ

First Watch Restaurant Group (FWRG) is a US-listed Consumer Cyclical company in Restaurants with a market capitalization of $769M, trading at

2.47 on the NASDAQ. This SniperIQ fundamentals page covers First Watch Restaurant Group's valuation (P/E 43.0x, P/B 1.2x), profitability (net margin 1.4%), revenue (
.2B in FY2025), balance-sheet quality, and AI signal context — from live market data, research only.

Market Cap$769M
P/E (TTM)43.0x
Net Margin1.4%
Revenue (FY25)
.2B

Full research coverage

  • 8-Quarter Revenue & Margin Trend
  • Debt Maturity & Coverage
  • Peer Valuation Comparison
  • Free Cash Flow & Owner Earnings
  • AI Signal + Institutional Flow
  • DCF Valuation Model

Frequently Asked Questions

What is First Watch Restaurant Group's market cap?

First Watch Restaurant Group (FWRG) has a market capitalization of approximately $769M, trading at

2.47 on the NASDAQ. Market cap moves with the live share price.

What is First Watch Restaurant Group's P/E ratio?

First Watch Restaurant Group's trailing twelve-month P/E ratio is 43.0x, with a price-to-book (P/B) of 1.2x. Valuation multiples are best compared with Consumer Cyclical sector peers rather than read in isolation.

How profitable is First Watch Restaurant Group?

First Watch Restaurant Group runs a net profit margin of 1.4%, a gross margin of 18.2%, and an operating margin of 2.3%. Margins and ROE indicate how efficiently the business converts sales into profit and shareholder returns.

How much revenue does First Watch Restaurant Group generate?

First Watch Restaurant Group reported revenue of

.2B for fiscal year 2025, with net income of
9M and earnings per share (EPS) of 0.32. SniperIQ tracks the full 8-quarter revenue and margin trend on the research dashboard.

Does First Watch Restaurant Group pay a dividend?

First Watch Restaurant Group does not currently show a material trailing dividend yield; it is positioned more as a total-return name. Always confirm the latest dividend policy in the company's filings.

Is First Watch Restaurant Group financially healthy?

First Watch Restaurant Group carries a debt-to-equity ratio of 1.64x and a current ratio of 0.29x, with a market beta of 1.04. Lower leverage and a current ratio above 1.0 generally signal a stronger balance sheet.

Is First Watch Restaurant Group a good stock to buy in 2026?

SniperIQ provides research-only market intelligence, not personalised financial advice or a buy/sell call. For First Watch Restaurant Group (FWRG) the key facts are: market cap $769M, P/E 43.0x, revenue

.2B, 52-week range 9.97-19.53. Weigh valuation, profitability, growth, and balance-sheet strength against Consumer Cyclical peers and form your own view.

Track First Watch Restaurant Group's full fundamentals live

Get First Watch Restaurant Group's 8-quarter revenue and margin trend, peer comparison, DCF model, and AI signal on the SniperIQ research dashboard.

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