# First Watch Restaurant Group, Inc. (FWRG): Dividend & Fundamentals

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- Sector: Consumer Cyclical · Industry: Restaurants
- Exchange: NASDAQ · Trading currency: USD

First Watch Restaurant Group, Inc. oversees and licenses restaurant operations under the First Watch brand. As of March 23, 2022, its extensive presence included 341 company-owned eateries and 94 franchised outlets, operating across 28 U.S. states. The enterprise, established in 1983 with its main office in Bradenton, Florida, previously traded as AI Fresh Super Holdco, Inc. before changing its designation to First Watch Restaurant Group, Inc. in December 2019.

## Quote & Key Metrics

As of 2026-10-30:

| Metric | Value |
|---|---|
| Price | $12.74 USD |
| Market Cap | $786.2M |
| P/E (TTM) | 43.93 |
| EPS (TTM) | $0.29 |
| 52-Week Range | $9.88 – $18.77 |
| Dividend Yield (TTM) | — |

## Dividend

FWRG has no dividend payment history in our records.

## Frequently Asked Questions

### What does First Watch Restaurant Group, Inc. do?

First Watch Restaurant Group, Inc. (FWRG) operates in the Restaurants industry within the Consumer Cyclical sector. Full company description, peers, and segment breakdown are on the page above.

### What is FWRG's market cap?

First Watch Restaurant Group, Inc. (FWRG) has a market capitalization of approximately $786.2 million, as of October 30, 2026, based on the most recent share price and shares outstanding.

### Does FWRG pay a dividend?

No, First Watch Restaurant Group, Inc. (FWRG) does not currently pay a regular dividend. Many growth-stage companies reinvest earnings into the business instead of returning capital to shareholders. The Dividend tab tracks any future declarations.

### Has FWRG ever paid a dividend?

No. Dividend Data's records show no dividend payments from First Watch Restaurant Group, Inc. (FWRG). A first dividend would appear on the Dividend tab once it is declared.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/fwrg
- Dividend history & safety: https://www.dividenddata.com/stocks/fwrg/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/fwrg/earnings
- Financial statements: https://www.dividenddata.com/stocks/fwrg/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/fwrg/valuation
- Peer comparison: https://www.dividenddata.com/stocks/fwrg/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.