First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc.

FWRGยทNASDAQ

$10.53

+0.86%
Consumer CyclicalRestaurants

First Watch Restaurant Group, Inc. operates and franchises restaurants under the First Watch trade name. As of March 23, 2022, it operated 341 company-owned restaurants and 94 franchised restaurants in 28 states in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. First Watch Restaurant Group, Inc. was founded in 1983 and is headquartered in Bradenton, Florida.

At a Glance

Live Snapshot
Market Cap$649.12M
EPS0.3200
P/E Ratio32.91
Earnings Date08/04/2026

No Dividend Yield Data

FWRG has not reported any dividend yield values in the available annual periods.

No Dividend Payout Ratio Data

FWRG has not reported any dividend payout ratio values in the available annual periods.

No Net Dividends Paid Data

FWRG has not reported any net dividends paid values in the available annual periods.

First Watch Restaurant Group, Inc.

First Watch Restaurant Group, Inc. Dividend History

FWRG ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

FWRG Dividend Payment History

FWRG ยท NASDAQ
DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
No dividend payment history available
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First Watch Restaurant Group, Inc. Payout Ratio Analysis

FWRG ยท NASDAQ
Dividends Paid
0.00
2025
Net Income
19.43M
2025
Payout Ratio
0.00%
2025

Dividend Sustainability Analysis

Payout Ratio
0.00%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
0.0%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.