First Watch Restaurant FWRG
NASDAQ FWRG
$10.57 +0.34 (+3.32%)
At close: Oct 2, 2026 · 4:00 PM EDT

First Watch Restaurant (FWRG) Price to FCF (2021 - 2024)

Updated

First Watch Restaurant's (FWRG) Price to FCF was 833.64 for Q1 2024, up 881.1% from 84.97 a year earlier and up 731.6% from the prior quarter.

Analysis

First Watch Restaurant (FWRG) Price to FCF (2021 - 2024) Analysis & Trends

For FY2023, Price to FCF at First Watch Restaurant was 100.24, down 91.4% from FY2022.

  • By year, Price to FCF came in at 1171.85 in FY2022 and 27.84 in FY2021.
  • The Q1 2024 figure ranks as the highest quarterly Price to FCF since Q4 2022.
  • Year over year, Price to FCF gained in three of the last five quarters, with growth averaging 202.5%.
  • Per Business Quant data, the three quarters before Q1 2024 came in at 100.24 (Q4 2023), 55.36 (Q3 2023) and 44.78 (Q2 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Mcdonalds 164.13 Bn 158.95 Bn 6.42 Bn
2 Starbucks 107.97 Bn 95.60 Bn -
3 Chipotle Mexican Grill 41.04 Bn 37.02 Bn -
4 Yum Brands 37.16 Bn 34.04 Bn 1.47 Bn
5 Restaurant Brands International 24.42 Bn 21.52 Bn 1.38 Bn
6 Darden Restaurants 22.67 Bn 21.77 Bn 1.68 Bn
7 Restaurant Brands International Limited Partnership 17.01 Bn 12.57 Bn 1.38 Bn
8 Yum China Holdings 13.79 Bn 8.16 Bn 537.00 Mn
9 Texas Roadhouse 10.24 Bn 9.60 Bn -
10 First Watch Restaurant 652.30 Mn 566.29 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 833.64
Dec 31, 2023 100.24
Sep 24, 2023 55.36
Jun 25, 2023 44.78
Mar 26, 2023 84.97
Dec 25, 2022 1,171.85
Sep 25, 2022 70.78
Jun 26, 2022 39.58
Mar 27, 2022 25.64
Dec 26, 2021 27.84
API Access

First Watch Restaurant Price to FCF API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=price-to-fcf&ticker=FWRG&period=max&api_key=YOUR_API_KEY