Go Deep
First Watch Restaurant Group, Inc.
First Watch Restaurant Group, Inc. Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 20,554 | 43.0 | 1.17 | 1.69 | 1,146.61 |
| Oct 2026 | 20,621 | 42.2 | 1.15 | 1.69 | 1,123.23 |
| Oct 2026 | 20,452 | 44.1 | 1.20 | 1.69 | 1,173.72 |
| Oct 2026 | 20,528 | 43.3 | 1.18 | 1.69 | 1,147.95 |
| Oct 2026 | 20,516 | 43.4 | 1.18 | 1.69 | 1,152.97 |
| Oct 2026 | 20,576 | 42.8 | 1.17 | 1.69 | 1,134.95 |
| Oct 2026 | 20,843 | 39.8 | 1.08 | 1.69 | 1,052.70 |
| Oct 2026 | 20,703 | 41.3 | 1.12 | 1.69 | 1,091.16 |
First Watch Restaurant Group, Inc. Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 354,672,000.0 | 330,959,000.0 | 316,352,000.0 | 316,022,000.0 |
| Net Profit | 2,339,000.0 | -2,685,000.0 | 15,164,000.0 | 2,991,000.0 |
| EPS | 0.0 | -0.0 | 0.2 | 0.1 |
First Watch Restaurant Group, Inc. Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 1,222,501,000.0 | 1,015,910,000.0 | 891,551,000.0 | 730,162,000.0 | — |
| Net Profit | 19,432,000.0 | 18,925,000.0 | 25,385,000.0 | 6,907,000.0 | — |
| EPS | 0.3 | 0.3 | 0.4 | 0.1 | — |
First Watch Restaurant Group, Inc. Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 1,742,029,000.0 | 1,514,356,000.0 | 1,267,045,000.0 | 1,104,446,000.0 | — |
| Total Liabilities | 1,115,750,000.0 | 918,967,000.0 | 705,761,000.0 | 581,311,000.0 | — |
| Total Equity | 626,279,000.0 | 595,389,000.0 | 561,284,000.0 | 523,135,000.0 | — |
Owes vs Owns
First Watch Restaurant Group, Inc. owed $0.65 for every $1 it owned in Jun 2026, up from $0.53 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.65× | 0.64× | 0.61× | 0.56× | 0.53× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
First Watch Restaurant Group, Inc. Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 1.2%Fixed assets (tangible) 62.7%Intangible assets 34.2%Other assets 1.1%
How it's funded — Dec 2025
Short-term debt 0.8%Long-term debt 15.4%Other liabilities 47.3%Shareholders' equity 36.0%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 21.2 | 33.3 | 49.6 | 49.7 |
| Receivables | 6.9 | 7.2 | 5.5 | 6.2 |
| Inventory | 7.2 | 6.1 | 5.4 | 5.0 |
| Fixed assets (tangible) | 1,093.0 | 889.1 | 683.1 | 547.5 |
| Intangible assets | 595.1 | 566.2 | 511.1 | 488.4 |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 |
| Other assets | 18.6 | 12.5 | 12.3 | 7.7 |
| Liabilities & equity | ||||
| Short-term debt | 13.3 | 9.2 | 5.6 | 7.6 |
| Long-term debt | 269.1 | 189.0 | 119.8 | 94.7 |
| Payables | 8.7 | 7.0 | 6.3 | 7.6 |
| Other liabilities | 824.7 | 713.7 | 574.0 | 471.4 |
| Shareholders' equity | 626.3 | 595.4 | 561.3 | 523.1 |
| Net tangible assets | 31.2 | 29.2 | 50.2 | 34.8 |
First Watch Restaurant Group, Inc. Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 125,912,000.0 | 115,673,000.0 | 95,338,000.0 | 62,937,000.0 | — |
| Investing Activities | -213,764,000.0 | -206,653,000.0 | -123,370,000.0 | -63,111,000.0 | — |
| Financing Activities | 75,786,000.0 | 74,331,000.0 | 28,070,000.0 | -2,018,000.0 | — |