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EV / EBITDA at other companies

Dine Brands Global logo
Dine Brands GlobalDIN
10.4×+2.4×
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17.9×+6.7×
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78.6×+68.9×
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El Pollo LocoLOCO
10×+0.7×
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Noodles & CompanyNDLS
28.1×
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BJ's RestaurantsBJRI
10.1×

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 the most recent quarter.

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 EV / EBITDA?
First Watch Restaurant Group, Inc. (FWRG) reported EV / EBITDA of 15.4× in Q1 2026.
How has First Watch Restaurant Group, Inc.'s EV / EBITDA changed year-over-year?
First Watch Restaurant Group, Inc.'s EV / EBITDA decreased by 24.3% year-over-year, from 20.3× to 15.4×.
What is the long-term trend for First Watch Restaurant Group, Inc.'s EV / EBITDA?
Over 4 years (2021 to 2025), First Watch Restaurant Group, Inc.'s EV / EBITDA has grown at a -7.4% compound annual growth rate (CAGR), from 25.3× to 18.6×.
What does EV / EBITDA mean?
Enterprise value (market cap plus total debt minus cash) at the quarter end divided by trailing-twelve-month EBITDA. A capital-structure-neutral valuation multiple.

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