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Total Valuation
First Watch Restaurant Group has a market cap or net worth of $785.36M. The enterprise value is $1.71B.
Market Cap$785.36M
Enterprise Value$1.71B
Share Statistics
First Watch Restaurant Group has 61,644,886 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding61,644,886
Owned by Insiders13.03%
Owned by Institutions36.19%
Financial Efficiency
First Watch Restaurant Group’s return on equity (ROE) is 0.03 and return on invested capital (ROIC) is 2.03%.
Return on Equity (ROE)0.03
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)2.03%
Return on Capital Employed (ROCE)0.02
Revenue Per Employee81.50K
Profits Per Employee1.30K
Employee Count15,000
Asset Turnover0.70
Inventory Turnover148.18
Valuation Ratios
The current PE Ratio of First Watch Restaurant Group is 44.0. First Watch Restaurant Group’s PEG ratio is 14.95.
PE Ratio44.0
PS Ratio0.77
PB Ratio1.50
Price to Fair Value1.50
Price to FCF-30.35
Price to Operating Cash Flow5.56
PEG Ratio14.95
Income Statement
In the last 12 months, First Watch Restaurant Group had revenue of 1.22B and earned 19.43M in profits. Earnings per share was 0.32.
Revenue1.22B
Gross Profit159.44M
Operating Income33.77M
Pretax Income12.13M
Net Income19.43M
EBITDA103.84M
Earnings Per Share (EPS)0.32
Cash Flow
In the last 12 months, operating cash flow was 140.23M and capital expenditures -149.69M, giving a free cash flow of -9.46M billion.
Operating Cash Flow140.23M
Free Cash Flow-9.46M
Free Cash Flow per Share-0.15
Dividends & Yields
First Watch Restaurant Group pays an annual dividend of ―, resulting in a dividend yield of ―
Dividend Per Share―
Dividend Yield―
Payout RatioN/A
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta1.20
52-Week Price Change-20.57%
50-Day Moving Average11.78
200-Day Moving Average14.54
Relative Strength Index (RSI)62.30
Average Volume (3m)1.13M
Important Dates
First Watch Restaurant Group upcoming earnings date is Aug 11, 2026, After Close (Confirmed).
Last Earnings DateMay 5, 2026
Next Earnings DateAug 11, 2026
Ex-Dividend Date―
Financial Position
First Watch Restaurant Group as a current ratio of 0.29, with Debt / Equity ratio of 164.21%
Current Ratio0.29
Quick Ratio0.25
Debt to Market Cap0.29
Net Debt to EBITDA9.51
Interest Coverage Ratio2.02
Taxes
In the past 12 months, First Watch Restaurant Group has paid -7.30M in taxes.
Income Tax-7.30M
Effective Tax Rate-0.60
Enterprise Valuation
First Watch Restaurant Group EV to EBITDA ratio is 18.57, with an EV/FCF ratio of -62.21.
EV to Sales1.58
EV to EBITDA18.57
EV to Free Cash Flow-62.21
EV to Operating Cash Flow15.31
Balance Sheet
First Watch Restaurant Group has $23.57M in cash and marketable securities with $1.03B in debt, giving a net cash position of -$1.01B billion.
Cash & Marketable Securities$23.57M
Total Debt$1.03B
Net Cash-$1.01B
Net Cash Per Share-$16.34
Tangible Book Value Per Share$0.51
Margins
Gross margin is 18.23%, with operating margin of 2.76%, and net profit margin of 1.59%.
Gross Margin18.23%
Operating Margin2.76%
Pretax Margin0.99%
Net Profit Margin1.59%
EBITDA Margin8.49%
EBIT Margin2.36%
Analyst Forecast
The average price target for First Watch Restaurant Group is $18.63, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$18.63
Price Target Upside46.08% Upside
Analyst ConsensusStrong Buy
Analyst Count9
Revenue Growth Forecast20.41%
EPS Growth Forecast59.88%