Skip to content

Discontinued — last reported Q1 '26

Net debt at other companies

Cabot Corporation logo
Cabot CorporationCBT
1.1×-0.3×
Travel + Leisure logo
Travel + LeisureTNL
+1.6×
Unifirst logo
UnifirstUNF
-0.2×-0.1×
HES
Hess MidstreamHESM
3.1×-0.1×
TDA
USA TODAY Co., Inc.TDAY
8.8×+4.2×
Resolute Holdings Management
 logo
Resolute Holdings Management RHLD
11.8×+10.5×

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$744.67M-22.1%
Enterprise value$1.75B-1.0%
P/E42.4×-45.5×
P/S0.6×-0.3×

Profitability

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

Returns & leverage

See full
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.

The official record: First Watch Restaurant Group, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about First Watch Restaurant Group, Inc.'s net debt.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is First Watch Restaurant Group, Inc.'s net debt?
First Watch Restaurant Group, Inc. (FWRG) reported net debt of $1.01B in Q1 2026.
How has First Watch Restaurant Group, Inc.'s net debt changed year-over-year?
First Watch Restaurant Group, Inc.'s net debt increased by 24.1% year-over-year, from $812.78M to $1.01B.
What is the long-term trend for First Watch Restaurant Group, Inc.'s net debt?
Over 5 years (2020 to 2025), First Watch Restaurant Group, Inc.'s net debt has grown at a 10.4% compound annual growth rate (CAGR), from $601.36M to $987.02M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.