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First Watch Restaurant Group (FWRG)
NASDAQ:FWRG
US Market
FWRG
First Watch Restaurant Group
RESEARCH TOOLSreports

First Watch Restaurant Group (FWRG) Ratios

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116 Followers

First Watch Restaurant Group Ratios

FWRG's free cash flow for Q3 2025 was $0.21. For the 2025 fiscal year, FWRG's free cash flow was decreased by $ and operating cash flow was $0.03. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
 0.25 0.40 0.62 0.67 0.70
Quick Ratio
 0.21 0.36 0.57 0.62 0.66
Cash Ratio
 0.12 0.24 0.43 0.50 0.54
Solvency Ratio
 0.07 0.08 0.09 0.10 0.08
Operating Cash Flow Ratio
 0.74 0.84 0.83 0.63 0.65
Short-Term Operating Cash Flow Coverage
 11.01 12.54 16.94 8.25 11.37
Net Current Asset Value
$ -1.07B$ -863.09M$ -634.57M$ -514.02M$ -474.79M
Leverage Ratios
Debt-to-Assets Ratio
 0.57 0.53 0.48 0.46 0.45
Debt-to-Equity Ratio
 1.62 1.36 1.08 0.97 0.94
Debt-to-Capital Ratio
 0.62 0.58 0.52 0.49 0.48
Long-Term Debt-to-Capital Ratio
 0.28 0.24 0.18 0.15 0.17
Financial Leverage Ratio
 2.83 2.54 2.26 2.11 2.08
Debt Service Coverage Ratio
 3.04 4.08 5.45 3.81 2.23
Interest Coverage Ratio
 1.48 3.08 5.12 3.23 1.11
Debt to Market Cap
 0.22 0.18 0.10 0.12 0.11
Interest Debt Per Share
 16.35 13.62 10.33 8.67 8.37
Net Debt to EBITDA
 9.12 7.89 6.53 8.36 7.07
Profitability Margins
Gross Profit Margin
33.73%78.04%21.32%19.11%21.22%
EBIT Margin
1.45%4.00%4.95%2.44%3.40%
EBITDA Margin
7.44%9.68%9.57%7.50%9.93%
Operating Profit Margin
1.91%3.83%4.63%2.32%3.70%
Pretax Profit Margin
0.72%2.76%4.05%1.72%0.06%
Net Profit Margin
0.30%1.86%2.85%0.95%-0.35%
Continuous Operations Profit Margin
0.30%1.86%2.85%0.95%-0.35%
Net Income Per EBT
42.02%67.53%70.37%54.86%-569.46%
EBT Per EBIT
37.83%72.03%87.42%74.45%1.66%
Return on Assets (ROA)
0.52%1.25%2.00%0.63%-0.20%
Return on Equity (ROE)
1.49%3.18%4.52%1.32%-0.42%
Return on Capital Employed (ROCE)
1.45%2.83%3.58%1.68%2.34%
Return on Invested Capital (ROIC)
1.45%1.82%2.42%0.88%-12.74%
Return on Tangible Assets
0.79%2.00%3.36%1.12%-0.38%
Earnings Yield
0.81%1.69%2.12%0.82%-0.21%
Efficiency Ratios
Receivables Turnover
 320.39 140.42 161.16 118.46 135.10
Payables Turnover
 107.17 32.05 110.92 77.82 42.83
Inventory Turnover
 119.48 36.47 130.35 117.47 117.74
Fixed Asset Turnover
 1.09 1.14 1.31 1.33 1.23
Asset Turnover
 0.68 0.67 0.70 0.66 0.57
Working Capital Turnover Ratio
 -9.41 -16.06 -23.29 -23.74 -21.35
Cash Conversion Cycle
 1.26 1.22 1.77 1.50 -2.72
Days of Sales Outstanding
 1.72 2.60 2.26 3.08 2.70
Days of Inventory Outstanding
 4.00 10.01 2.80 3.11 3.10
Days of Payables Outstanding
 4.46 11.39 3.29 4.69 8.52
Operating Cycle
 5.72 12.61 5.06 6.19 5.80
Cash Flow Ratios
Operating Cash Flow Per Share
 2.14 1.92 1.60 1.06 1.07
Free Cash Flow Per Share
 -0.51 -0.20 0.18 >-0.01 0.46
CapEx Per Share
 2.65 2.12 1.42 1.07 0.60
Free Cash Flow to Operating Cash Flow
 -0.24 -0.11 0.11 >-0.01 0.43
Dividend Paid and CapEx Coverage Ratio
 0.81 0.90 1.13 0.99 1.76
Capital Expenditure Coverage Ratio
 0.81 0.90 1.13 0.99 1.76
Operating Cash Flow Coverage Ratio
 0.13 0.14 0.16 0.12 0.13
Operating Cash Flow to Sales Ratio
 0.11 0.11 0.11 0.09 0.10
Free Cash Flow Yield
-2.66%-1.10%0.89%-0.05%2.76%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
 312.27 59.11 47.14 121.58 -469.42
Price-to-Sales (P/S) Ratio
 0.95 1.10 1.34 1.15 1.65
Price-to-Book (P/B) Ratio
 1.83 1.88 2.13 1.61 1.96
Price-to-Free Cash Flow (P/FCF) Ratio
 -35.56 -91.12 112.36 -2.14K 36.24
Price-to-Operating Cash Flow Ratio
 8.51 9.67 12.55 13.34 15.71
Price-to-Earnings Growth (PEG) Ratio
 10.01 -2.12 0.18 -0.28 4.90
Price-to-Fair Value
 1.83 1.88 2.13 1.61 1.96
Enterprise Value Multiple
 23.80 19.26 20.55 23.71 23.63
Enterprise Value
 1.82B 1.89B 1.75B 1.30B 1.41B
EV to EBITDA
 23.33 19.26 20.55 23.71 23.63
EV to Sales
 1.55 1.87 1.97 1.78 2.35
EV to Free Cash Flow
 -61.71 -154.35 164.69 -3.30K 51.71
EV to Operating Cash Flow
 15.35 16.38 18.40 20.62 22.41
Tangible Book Value Per Share
 0.16 0.48 0.84 0.59 0.27
Shareholders’ Equity Per Share
 9.95 9.86 9.43 8.85 8.54
Tax and Other Ratios
Effective Tax Rate
 0.58 0.32 0.30 0.45 6.69
Revenue Per Share
 19.16 16.83 14.98 12.36 10.18
Net Income Per Share
 0.06 0.31 0.43 0.12 -0.04
Tax Burden
 1.06 0.68 0.70 0.55 -5.69
Interest Burden
 1.27 0.69 0.82 0.71 0.02
Research & Development to Revenue
 0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
 0.11 0.11 0.12 0.12 0.12
Stock-Based Compensation to Revenue
 <0.01 <0.01 <0.01 0.01 0.01
Income Quality
 28.95 6.11 3.76 9.11 -29.89
Currency in USD