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Annual data and sources

First Watch Restaurant Group, Inc. (FWRG) · Nasdaq · USD · Sector unavailable · CIK 0001789940

Annual coverage: 2019-12-29–2025-12-28 (7 periods). Financial snapshot built 2026-10-09.

FWRG annual financial history

All stored annual observations, independent of the chart window. Per-share amounts in USD. Unavailable values are not zero.

See the calculation and limitations.

Annual EPS, cash flow, dividends, and fiscal-year dividend yield for First Watch Restaurant Group, Inc.
Fiscal year / endBasic EPSDiluted EPSFCF / shareDividends / shareFiscal-year dividend yieldFiling sources
2025
2025-12-28
0.320.31-0.49UnavailableUnavailableBasic EPS (2026-02-24)
Diluted EPS (2026-02-24)
Operating cash flow (2026-02-24) · Capex (2026-02-24)
2024
2024-12-29
0.310.30-0.20UnavailableUnavailableBasic EPS (2026-02-24)
Diluted EPS (2026-02-24)
Operating cash flow (2026-02-24) · Capex (2026-02-24)
2023
2023-12-31
0.430.410.20UnavailableUnavailableBasic EPS (2026-02-24)
Diluted EPS (2026-02-24)
Operating cash flow (2026-02-24) · Capex (2026-02-24)
2022
2022-12-25
0.120.110.01UnavailableUnavailableBasic EPS (2025-03-11)
Diluted EPS (2025-03-11)
Operating cash flow (2025-03-11) · Capex (2025-03-11)
2021
2021-12-26
-0.04-0.040.57UnavailableUnavailableBasic EPS (2024-03-05)
Diluted EPS (2024-03-05)
Operating cash flow (2024-03-05) · Capex (2024-03-05)
2020
2020-12-27
-1.10-1.10-1.00UnavailableUnavailableBasic EPS (2023-03-07)
Diluted EPS (2023-03-07)
Operating cash flow (2023-03-07) · Capex (2023-03-07)
2019
2019-12-29
-1.01-1.01-0.84UnavailableUnavailableBasic EPS (2022-03-23)
Diluted EPS (2022-03-23)
Operating cash flow (2022-03-23) · Capex (2022-03-23)

Annual per-share context (USD/share)

Complete annual history, independent of chart loading and range. Revenue/share is annual revenue per average diluted share. Debt/share is borrowings per year-end common share, excluding leases. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue / shareTotal debt / shareInputs & filing sources
2025-12-2819.45Unavailable
Inputs & filings

revenue: 1222501000; averageDilutedShares: 62842519; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 60700090

revenue (2026-02-24)
averageDilutedShares (2026-02-24)
periodEndShares (2026-02-24)
2024-12-2916.29Unavailable
Inputs & filings

revenue: 1015910000; averageDilutedShares: 62351222; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 60700090

revenue (2026-02-24)
averageDilutedShares (2026-02-24)
periodEndShares (2026-02-24)
2023-12-3114.57Unavailable
Inputs & filings

revenue: 891551000; averageDilutedShares: 61191613; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 59891705

revenue (2026-02-24)
averageDilutedShares (2026-02-24)
periodEndShares (2025-03-11)
2022-12-2512.14Unavailable
Inputs & filings

revenue: 730162000; averageDilutedShares: 60140045; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 59211019

revenue (2025-03-11)
averageDilutedShares (2025-03-11)
periodEndShares (2024-03-05)
2021-12-2612.47Unavailable
Inputs & filings

revenue: 601193000; averageDilutedShares: 48213995; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 59048446

revenue (2024-03-05)
averageDilutedShares (2024-03-05)
periodEndShares (2023-03-07)
2020-12-277.61Unavailable
Inputs & filings

revenue: 342388000; averageDilutedShares: 45013784; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: 45013784

revenue (2023-03-07)
averageDilutedShares (2023-03-07)
periodEndShares (2022-03-23)
2019-12-299.69Unavailable
Inputs & filings

revenue: 436373000; averageDilutedShares: 45013784; totalDebt: No supported complete debt aggregate or non-overlapping borrowing components; leases excluded; periodEndShares: No positive common shares on the exact fiscal-end date

revenue (2022-03-23)
averageDilutedShares (2022-03-23)

Annual returns and cash generation (%)

Complete annual history, independent of chart loading and range. FCF margin and FCF / net income use matching annual totals. ROCE uses positive exact opening and closing capital-employed bases. Inputs, scopes and unavailable reasons are disclosed below. Missing inputs remain unavailable. Metric definitions.

Fiscal endFCF margin (%)FCF / net income (%)ROCE (%)Inputs & filing sources
2025-12-28-2.54Unavailable1.86
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-30994000,"capex":{"accession":"0001789940-26-000014","end":"2025-12-28","filed":"2026-02-24","form":"10-K","start":"2024-12-30","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001789940-26-000014","end":"2025-12-28","filed":"2026-02-24","form":"10-K","start":"2024-12-30","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1222501000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-12-30","end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":27511000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-12-30","end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingAssets":{"value":1514356000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingCurrentLiabilities":{"value":138472000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingCapitalEmployed":{"value":1375884000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":595389000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingTotalEquity":{"value":595389000,"inputNames":["openingParentEquity","openingAssets","openingLiabilities"]},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":918967000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingCash":{"value":33312000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-29"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingCommonEquity":{"value":595389000,"inputNames":["openingParentEquity","openingPreferredShares"]},"closingAssets":{"value":1742029000,"tag":"Assets","unit":"USD","start":null,"end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCurrentLiabilities":{"value":167499000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCapitalEmployed":{"value":1574530000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":626279000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingTotalEquity":{"value":626279000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":1115750000,"tag":"Liabilities","unit":"USD","start":null,"end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCash":{"value":21246000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2025-12-28"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCommonEquity":{"value":626279000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":19432000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-12-30","end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-7299000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-12-30","end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"pretaxIncome":{"value":12133000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-12-30","end":"2025-12-28","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1475207000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":610834000,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -2.535294449656892; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 1.864890825490931

fcfMargin component 1 (2026-02-24) · fcfMargin component 2 (2026-02-24) · fcfMargin component 3 (2026-02-24)
cashConversion component 1 (2026-02-24) · cashConversion component 2 (2026-02-24)
roce component 1 (2026-02-24) · roce component 2 (2026-02-24) · roce component 3 (2026-02-24) · roce component 4 (2026-02-24) · roce component 5 (2026-02-24)
2024-12-29-1.21Unavailable3.08
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-12242000,"capex":{"accession":"0001789940-26-000014","end":"2024-12-29","filed":"2026-02-24","form":"10-K","start":"2024-01-01","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001789940-26-000014","end":"2024-12-29","filed":"2026-02-24","form":"10-K","start":"2024-01-01","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":1015910000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2024-01-01","end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":38907000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingAssets":{"value":1267045000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"openingCurrentLiabilities":{"value":115073000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"openingCapitalEmployed":{"value":1151972000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":561284000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":705761000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"openingCash":{"value":49632000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1514356000,"tag":"Assets","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCurrentLiabilities":{"value":138472000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCapitalEmployed":{"value":1375884000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":595389000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingTotalEquity":{"value":595389000,"inputNames":["closingParentEquity","closingAssets","closingLiabilities"]},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":918967000,"tag":"Liabilities","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCash":{"value":33312000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2024-12-29"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingCommonEquity":{"value":595389000,"inputNames":["closingParentEquity","closingPreferredShares"]},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":18925000,"tag":"NetIncomeLoss","unit":"USD","start":"2024-01-01","end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":9101000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2024-01-01","end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"pretaxIncome":{"value":28026000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2024-01-01","end":"2024-12-29","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1263928000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -1.205028004449213; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 3.078260787006855

fcfMargin component 1 (2026-02-24) · fcfMargin component 2 (2026-02-24) · fcfMargin component 3 (2026-02-24)
cashConversion component 1 (2026-02-24) · cashConversion component 2 (2026-02-24)
roce component 1 (2026-02-24) · roce component 2 (2025-03-11) · roce component 3 (2025-03-11) · roce component 4 (2026-02-24) · roce component 5 (2026-02-24)
2023-12-311.35Unavailable3.83
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":12009000,"capex":{"accession":"0001789940-26-000014","end":"2023-12-31","filed":"2026-02-24","form":"10-K","start":"2022-12-26","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001789940-26-000014","end":"2023-12-31","filed":"2026-02-24","form":"10-K","start":"2022-12-26","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":891551000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2022-12-26","end":"2023-12-31","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":41267000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2022-12-26","end":"2023-12-31","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingAssets":{"value":1104446000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingCurrentLiabilities":{"value":99980000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingCapitalEmployed":{"value":1004466000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":523135000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-25","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":581311000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingCash":{"value":49672000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-25"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1267045000,"tag":"Assets","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"closingCurrentLiabilities":{"value":115073000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"closingCapitalEmployed":{"value":1151972000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":561284000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":705761000,"tag":"Liabilities","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"closingCash":{"value":49632000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2023-12-31"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":25385000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-12-26","end":"2023-12-31","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"incomeTaxExpense":{"value":10690000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2022-12-26","end":"2023-12-31","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"pretaxIncome":{"value":36075000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2022-12-26","end":"2023-12-31","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":1078219000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":25385000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2022-12-26","end":"2023-12-31","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"averageCommonEquity":{"value":542209500,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":523135000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":523135000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingCommonEquity":{"value":561284000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":561284000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2023-12-31","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2023-12-31","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"}}}}; fcfMargin: 1.3469784678610646; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 3.8273300693087395

fcfMargin component 1 (2026-02-24) · fcfMargin component 2 (2026-02-24) · fcfMargin component 3 (2026-02-24)
cashConversion component 1 (2026-02-24) · cashConversion component 2 (2026-02-24)
roce component 1 (2026-02-24) · roce component 2 (2024-03-05) · roce component 3 (2024-03-05) · roce component 4 (2025-03-11) · roce component 5 (2025-03-11)
2022-12-250.10Unavailable1.73
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":718000,"capex":{"accession":"0001789940-25-000010","end":"2022-12-25","filed":"2025-03-11","form":"10-K","start":"2021-12-27","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001789940-25-000010","end":"2022-12-25","filed":"2025-03-11","form":"10-K","start":"2021-12-27","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":730162000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2021-12-27","end":"2022-12-25","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"netIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"operatingIncome":{"value":16913000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2021-12-27","end":"2022-12-25","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"openingAssets":{"value":1046917000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingCurrentLiabilities":{"value":96523000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingCapitalEmployed":{"value":950394000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":504429000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-26","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":542488000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingCash":{"value":51864000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-26"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1104446000,"tag":"Assets","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingCurrentLiabilities":{"value":99980000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingCapitalEmployed":{"value":1004466000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":523135000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-25","filed":"2026-02-24","accession":"0001789940-26-000014","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":581311000,"tag":"Liabilities","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingCash":{"value":49672000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2022-12-25"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":6907000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2021-12-27","end":"2022-12-25","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"incomeTaxExpense":{"value":5684000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2021-12-27","end":"2022-12-25","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"pretaxIncome":{"value":12591000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2021-12-27","end":"2022-12-25","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":977430000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{"roe":{"commonNetIncome":{"value":6907000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2021-12-27","end":"2022-12-25","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"averageCommonEquity":{"value":513782000,"inputNames":["openingCommonEquity","closingCommonEquity"]},"openingCommonEquity":{"value":504429000,"inputNames":["openingParentEquity","openingPreferredShares"]},"openingParentEquity":{"value":504429000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingCommonEquity":{"value":523135000,"inputNames":["closingParentEquity","closingPreferredShares"]},"closingParentEquity":{"value":523135000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2022-12-25","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2022-12-25","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"}}}}; fcfMargin: 0.09833434224185865; cashConversion: Consolidated income including noncontrolling interests is not confirmed; roce: 1.730354091853125

fcfMargin component 1 (2025-03-11) · fcfMargin component 2 (2025-03-11) · fcfMargin component 3 (2025-03-11)
cashConversion component 1 (2025-03-11) · cashConversion component 2 (2025-03-11)
roce component 1 (2025-03-11) · roce component 2 (2023-03-07) · roce component 3 (2023-03-07) · roce component 4 (2024-03-05) · roce component 5 (2024-03-05)
2021-12-264.60Unavailable2.36
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":27660000,"capex":{"accession":"0001789940-24-000012","end":"2021-12-26","filed":"2024-03-05","form":"10-K","start":"2020-12-28","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001789940-24-000012","end":"2021-12-26","filed":"2024-03-05","form":"10-K","start":"2020-12-28","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":601193000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2020-12-28","end":"2021-12-26","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"netIncome":{"value":-2107000,"tag":"ProfitLoss","unit":"USD","start":"2020-12-28","end":"2021-12-26","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"operatingIncome":{"value":22243000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2020-12-28","end":"2021-12-26","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingAssets":{"value":1007512000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"openingCurrentLiabilities":{"value":76532000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"openingCapitalEmployed":{"value":930980000,"inputNames":["openingAssets","openingCurrentLiabilities"]},"openingParentEquity":{"value":320866000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-27","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":686646000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"openingCash":{"value":38846000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-27"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":266667,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1046917000,"tag":"Assets","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingCurrentLiabilities":{"value":96523000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingCapitalEmployed":{"value":950394000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":504429000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2021-12-26","filed":"2025-03-11","accession":"0001789940-25-000010","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":542488000,"tag":"Liabilities","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingCash":{"value":51864000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2021-12-26"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":0,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2021-12-26","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-2107000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2020-12-28","end":"2021-12-26","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"incomeTaxExpense":{"value":2477000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2020-12-28","end":"2021-12-26","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"pretaxIncome":{"value":370000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2020-12-28","end":"2021-12-26","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Tax/pretax/operating/net-income inputs do not share a filing"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":940687000,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: 4.600851972661026; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: 2.3645484629850313

fcfMargin component 1 (2024-03-05) · fcfMargin component 2 (2024-03-05) · fcfMargin component 3 (2024-03-05)
cashConversion component 1 (2024-03-05) · cashConversion component 2 (2024-03-05) · cashConversion component 3 (2022-03-23)
roce component 1 (2024-03-05) · roce component 2 (2022-03-23) · roce component 3 (2022-03-23) · roce component 4 (2023-03-07) · roce component 5 (2023-03-07)
2020-12-27-13.18UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-45113000,"capex":{"accession":"0001789940-23-000011","end":"2020-12-27","filed":"2023-03-07","form":"10-K","start":"2019-12-30","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001789940-23-000011","end":"2020-12-27","filed":"2023-03-07","form":"10-K","start":"2019-12-30","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":342388000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2019-12-30","end":"2020-12-27","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"netIncome":{"value":-49681000,"tag":"ProfitLoss","unit":"USD","start":"2019-12-30","end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"operatingIncome":{"value":-47222000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2019-12-30","end":"2020-12-27","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-29"},"openingParentEquity":{"value":329797000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-29","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-29"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":1007512000,"tag":"Assets","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"closingCurrentLiabilities":{"value":76532000,"tag":"LiabilitiesCurrent","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"closingCapitalEmployed":{"value":930980000,"inputNames":["closingAssets","closingCurrentLiabilities"]},"closingParentEquity":{"value":320866000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2020-12-27","filed":"2024-03-05","accession":"0001789940-24-000012","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":686646000,"tag":"Liabilities","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"closingCash":{"value":38846000,"tag":"CashAndCashEquivalentsAtCarryingValue","unit":"USD","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2020-12-27"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":266667,"tag":"PreferredStockSharesOutstanding","unit":"shares","start":null,"end":"2020-12-27","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":-49681000,"tag":"NetIncomeLossAvailableToCommonStockholdersBasic","unit":"USD","start":"2019-12-30","end":"2020-12-27","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"incomeTaxExpense":{"value":-19873000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2019-12-30","end":"2020-12-27","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"pretaxIncome":{"value":-69554000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2019-12-30","end":"2020-12-27","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -13.175987476196596; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-29

fcfMargin component 1 (2023-03-07) · fcfMargin component 2 (2023-03-07) · fcfMargin component 3 (2023-03-07)
cashConversion component 1 (2023-03-07) · cashConversion component 2 (2023-03-07) · cashConversion component 3 (2022-03-23)
roce component 1 (2023-03-07) · roce component 2 (2022-03-23) · roce component 3 (2022-03-23)
2019-12-29-8.64UnavailableUnavailable
Inputs & filings

Calculation inputs: {"original":{"fcfTotal":{"value":-37704000,"capex":{"accession":"0001789940-22-000012","end":"2019-12-29","filed":"2022-03-23","form":"10-K","start":"2018-12-31","tag":"PaymentsToAcquirePropertyPlantAndEquipment","unit":"USD"},"ocf":{"accession":"0001789940-22-000012","end":"2019-12-29","filed":"2022-03-23","form":"10-K","start":"2018-12-31","tag":"NetCashProvidedByUsedInOperatingActivities","unit":"USD"}},"revenue":{"value":436373000,"tag":"RevenueFromContractWithCustomerExcludingAssessedTax","unit":"USD","start":"2018-12-31","end":"2019-12-29","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"netIncome":{"value":-45472000,"tag":"ProfitLoss","unit":"USD","start":"2018-12-31","end":"2019-12-29","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"operatingIncome":{"value":-37556000,"tag":"OperatingIncomeLoss","unit":"USD","start":"2018-12-31","end":"2019-12-29","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"openingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCapitalEmployed":{"value":null,"inputNames":["openingAssets","openingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-30"},"openingParentEquity":{"value":374674000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2018-12-30","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"openingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"openingInvestedCapital":{"value":null,"inputNames":["openingBorrowings","openingTotalEquity","openingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2018-12-30"},"openingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"openingCommonEquity":{"value":null,"inputNames":["openingParentEquity","openingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"closingAssets":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCurrentLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCapitalEmployed":{"value":null,"inputNames":["closingAssets","closingCurrentLiabilities"],"reason":"Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-29"},"closingParentEquity":{"value":329797000,"tag":"StockholdersEquity","unit":"USD","start":null,"end":"2019-12-29","filed":"2023-03-07","accession":"0001789940-23-000011","form":"10-K"},"closingTotalEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingNoncontrollingEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingLiabilities":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCash":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingBorrowings":{"value":null,"reason":"No supported complete debt aggregate or non-overlapping borrowing components; leases excluded"},"closingInvestedCapital":{"value":null,"inputNames":["closingBorrowings","closingTotalEquity","closingCash"],"reason":"Exact complete borrowings, consolidated equity and cash missing, ambiguous or from different filings at 2019-12-29"},"closingPreferredEquity":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingPreferredShares":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"closingCommonEquity":{"value":null,"inputNames":["closingParentEquity","closingPreferredShares"],"reason":"Common equity scope requires explicit preferred carrying value or zero preferred shares; absence is not zero"},"commonNetIncome":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"parentNetIncome":{"value":-45439000,"tag":"NetIncomeLoss","unit":"USD","start":"2018-12-31","end":"2019-12-29","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"preferredDividends":{"value":null,"reason":"Missing or conflicting matching SEC fact","conflict":false},"incomeTaxExpense":{"value":-12419000,"tag":"IncomeTaxExpenseBenefit","unit":"USD","start":"2018-12-31","end":"2019-12-29","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"pretaxIncome":{"value":-57891000,"tag":"IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest","unit":"USD","start":"2018-12-31","end":"2019-12-29","filed":"2022-03-23","accession":"0001789940-22-000012","form":"10-K"},"effectiveTaxRate":{"value":null,"inputNames":["incomeTaxExpense","pretaxIncome"],"reason":"Positive pretax income required"},"nopat":{"value":null,"inputNames":["operatingIncome","effectiveTaxRate"],"reason":"Positive pretax income required"},"averageInvestedCapital":{"value":null,"inputNames":["openingInvestedCapital","closingInvestedCapital"]},"averageCapitalEmployed":{"value":null,"inputNames":["openingCapitalEmployed","closingCapitalEmployed"]},"averageCommonEquity":{"value":null,"inputNames":["openingCommonEquity","closingCommonEquity"]}},"recovered":{}}; fcfMargin: -8.640314593249352; cashConversion: Positive net income required; zero or negative denominator is unavailable; roce: matching numerator and positive exact opening/closing CapitalEmployed required; ambiguous scopes remain unavailable; unavailable: openingCapitalEmployed, closingCapitalEmployed; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2018-12-30; Exact assets/current-liabilities balance missing, conflicting or from different filings at 2019-12-29

fcfMargin component 1 (2022-03-23) · fcfMargin component 2 (2022-03-23) · fcfMargin component 3 (2022-03-23)
cashConversion component 1 (2022-03-23) · cashConversion component 2 (2022-03-23) · cashConversion component 3 (2022-03-23)
roce component 1 (2022-03-23)

Annual operating facts

Complete annual history, independent of chart loading and range. Operating margin is operating profit as a percentage of revenue; net margin is consolidated net profit as a percentage of revenue. Negative margins show losses. Missing inputs remain unavailable. Metric definitions.

Fiscal endRevenue (USD)Operating margin (%)Net margin (%)Inputs & filing sources
2025-12-281,222,501,000.002.25Unavailable
Inputs & filings

revenue: 1222501000; operatingIncome: 27511000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2026-02-24)
operatingIncome (2026-02-24)
2024-12-291,015,910,000.003.83Unavailable
Inputs & filings

revenue: 1015910000; operatingIncome: 38907000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2026-02-24)
operatingIncome (2026-02-24)
2023-12-31891,551,000.004.63Unavailable
Inputs & filings

revenue: 891551000; operatingIncome: 41267000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2026-02-24)
operatingIncome (2026-02-24)
2022-12-25730,162,000.002.32Unavailable
Inputs & filings

revenue: 730162000; operatingIncome: 16913000; netIncome: Consolidated income including noncontrolling interests is not confirmed

revenue (2025-03-11)
operatingIncome (2025-03-11)
2021-12-26601,193,000.003.70-0.35
Inputs & filings

revenue: 601193000; operatingIncome: 22243000; netIncome: -2107000

revenue (2024-03-05)
operatingIncome (2024-03-05)
netIncome (2022-03-23)
2020-12-27342,388,000.00-13.79-14.51
Inputs & filings

revenue: 342388000; operatingIncome: -47222000; netIncome: -49681000

revenue (2023-03-07)
operatingIncome (2023-03-07)
netIncome (2022-03-23)
2019-12-29436,373,000.00-8.61-10.42
Inputs & filings

revenue: 436373000; operatingIncome: -37556000; netIncome: -45472000

revenue (2022-03-23)
operatingIncome (2022-03-23)
netIncome (2022-03-23)

First Watch Restaurant Group, Inc. (FWRG) P/E ratio history

The interactive P/E chart contains all 263 stored weekly price points (2021-10-01–2026-10-08); 198 have an eligible basic or diluted ratio. Annual EPS is carried forward from its fiscal end. Use the P/E range bar or any other chart range bar to change all five chart windows.

Fiscal-year-end snapshots

4 eligible fiscal-year-end observations span 2022-12-25–2025-12-28. Latest eligible diluted P/E: 51.32×; basic P/E: 49.72×, for fiscal end 2025-12-28, using the close on 2025-12-26.

Annual P/E = eligible fiscal-year-end close ÷ reported annual EPS. This is retrospective annual P/E, not TTM or forward P/E. Why we use annual data. Missing or non-positive EPS and missing eligible prices produce unavailable ratios.

Explore the P/E chart and optional reference lines · How P/E history is calculated.

Complete annual P/E history (7 fiscal periods)
Full stored fiscal-year-end P/E history, independent of the selected chart window. Ratios in ×; prices in USD.
Fiscal endPrice dateClosePrice basisBasic P/EDiluted P/EEPS filings
2025-12-282025-12-2615.91Adjusted close49.7251.32Basic EPS (2026-02-24) Diluted EPS (2026-02-24)
2024-12-292024-12-2718.70Adjusted close60.3262.33Basic EPS (2026-02-24) Diluted EPS (2026-02-24)
2023-12-312023-12-2920.10Adjusted close46.7449.02Basic EPS (2026-02-24) Diluted EPS (2026-02-24)
2022-12-252022-12-2314.21Adjusted close118.42129.18Basic EPS (2025-03-11) Diluted EPS (2025-03-11)
2021-12-262021-12-2315.97Adjusted closeUnavailableUnavailableBasic EPS (2024-03-05) Diluted EPS (2024-03-05)
2020-12-27UnavailableUnavailableUnavailableUnavailableUnavailableBasic EPS (2023-03-07) Diluted EPS (2023-03-07)
2019-12-29UnavailableUnavailableUnavailableUnavailableUnavailableBasic EPS (2022-03-23) Diluted EPS (2022-03-23)

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