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Dine Brands GlobalDIN
0.5×0.0×
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Cracker Barrel Old Country StoreCBRL
1.6×-0.1×
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0.4×0.0×
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El Pollo LocoLOCO
0.8×0.0×
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SweetgreenSG
0.8×0.0×
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Noodles & CompanyNDLS
1.9×+0.3×

Other financials

Income statement

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Revenue$331.0M+17.3%
Operating income$999.0K-10.2%
Net income-$2.7M-224%
EPS (diluted)-$0.04-300%

Balance sheet

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Cash & equivalents$23.6M+26.6%
Total debt$1.0B+24.1%
Total equity$627.7M+5.3%
Total assets$1.8B+14.9%

Cash flow

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Operating cash flow$34.5M+71.1%
CapEx$29.3M-19.7%
Free cash flow$5.1M+131%

Valuation

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Market cap$768.32M-29.2%
Enterprise value$1.78B-12.1%
P/E43.7×-222×
P/S0.6×-0.4×

Profitability

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Operating margin2.2%-0.5pp
Net margin1.4%+0.4pp
FCF margin-2.6%

Returns & leverage

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Return on equity2.9%+1.0pp
Debt / equity1.6×+0.3×
Current ratio0.3×0.0×

Where this comes from

Calculated from First Watch Restaurant Group, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: First Watch Restaurant Group, Inc.’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 7:03 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001789940-26-000060

FAQ

What is First Watch Restaurant Group, Inc.'s asset turnover?
First Watch Restaurant Group, Inc. (FWRG) reported asset turnover of 0.8× in Q1 2026.
How has First Watch Restaurant Group, Inc.'s asset turnover changed year-over-year?
First Watch Restaurant Group, Inc.'s asset turnover increased by 2.5% year-over-year, from 0.7× to 0.8×.
What is the long-term trend for First Watch Restaurant Group, Inc.'s asset turnover?
Over 4 years (2021 to 2025), First Watch Restaurant Group, Inc.'s asset turnover has grown at a 6.4% compound annual growth rate (CAGR), from 0.6× to 0.8×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

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