FWRG · First Watch Restaurant Group, Inc.
$12.34
-0.08 (-0.64%)
At close · Jul 22
Market Cap
$760.70M
Shares
61.64M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$1.22B
+20.3%
FY2025
Net Income
$19.43M
+2.7%
FY2025
Operating Margin
2.25%
-1.6pp
FY2025
Diluted EPS
$0.31
+3.3%
FY2025
Operating Cash Flow
$125.91M
+8.9%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| $1.27B | $1.22B | $1.02B | $891.55M | $730.16M | $601.19M | $342.39M | $436.37M | |
| $138.68M | $128.95M | $113.27M | $103.12M | $84.96M | $70.39M | $46.32M | $55.82M | |
| — | $8.5M | $5.6M | $1.5M | $1M | $1M | $1.1M | $2.1M | |
| $79.85M | $75.01M | $57.72M | $41.22M | $34.23M | $32.38M | $30.73M | $28.03M | |
| $1.24B | $1.19B | $977M | $850.28M | $713.25M | $578.95M | $389.61M | $473.93M | |
| $27.4M | $27.51M | $38.91M | $41.27M | $16.91M | $22.24M | -$47.22M | -$37.56M | |
| — | 2.25% | 3.83% | 4.63% | 2.32% | 3.7% | -13.79% | -8.61% | |
| $107.25M | $102.52M | $96.62M | $82.49M | $51.14M | $54.62M | -$16.5M | -$9.53M | |
| $18.14M | $16.7M | $12.64M | $8.06M | $5.23M | $20.1M | $22.82M | $20.08M | |
| $982K | $1.32M | $1.76M | $2.87M | $910K | -$1.77M | $483K | -$255K | |
| $10.24M | $12.13M | $28.03M | $36.08M | $12.59M | $370K | -$69.55M | -$57.89M | |
| -$7.34M | -$7.3M | $9.1M | $10.69M | $5.68M | $2.48M | -$19.87M | -$12.42M | |
| $17.58M | $19.43M | $18.93M | $25.39M | $6.91M | -$2.11M | -$49.68M | -$45.44M | |
| — | 1.59% | 1.86% | 2.85% | 0.95% | -0.35% | -14.51% | -10.41% | |
| — | — | — | — | — | $0 | $0 | -$33K | |
| $23.24M | — | — | $25.39M | $6.91M | -$2.11M | -$49.68M | — | |
| $18.14M | $18.78M | $19.15M | $24.72M | — | -$2.11M | -$49.68M | -$45.44M | |
| USD/shares | — | $0.32 | $0.31 | $0.43 | $0.12 | -$0.04 | -$1.10 | -$1.01 |
| USD/shares | — | $0.31 | $0.30 | $0.41 | $0.11 | -$0.04 | -$1.10 | -$1.01 |
| shares | — | 60.96M | 60.37M | 59.53M | 59.1M | 48.21M | 45.01M | 45.01M |
| shares | — | 62.84M | 62.35M | 61.19M | 60.14M | 48.21M | 45.01M | 45.01M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Restaurants median 1.48×
EV/EBIT
—
Restaurants median 21.28×
P/E (TTM)
44.07×
Restaurants median 25.13×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Reportable Segment | $1,222,501,000 | $1,015,910,000 | $891,551,000 | $730,162,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Franchisor Owned Outlet | $1,212,173,000 | $1,004,355,000 | $877,092,000 | $719,181,000 | $592,343,000 | $337,433,000 | $429,309,000 |
| In Restaurant Dining Sales | $982,349,000 | $829,048,000 | $716,960,000 | $571,048,000 | $452,989,000 | $257,029,000 | $400,345,000 |
| Third Party Delivery Sales | $142,255,000 | $97,444,000 | $91,433,000 | $82,049,000 | $70,486,000 | $38,524,000 | $2,648,000 |
| Take Out Sales | $87,569,000 | $77,863,000 | $68,699,000 | $66,084,000 | $68,868,000 | $41,880,000 | $26,316,000 |
| Franchise | $10,328,000 | $11,555,000 | $14,459,000 | $10,981,000 | $8,850,000 | $4,955,000 | $7,064,000 |
| Royalty and System Fund Contributions | $9,705,000 | $10,864,000 | $13,464,000 | $10,683,000 | $8,575,000 | $4,615,000 | $6,628,000 |
| Business Combinations Revenues Recognized | $398,000 | $413,000 | $607,000 | $0 | $0 | — | — |
| Initial Fees | $225,000 | $278,000 | $388,000 | $298,000 | $275,000 | $340,000 | $436,000 |
Key facts
CIK
1789940
CUSIP
33748L101
13F (30d)
18 filings
17 filers
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