First Watch [FWRG] vs Starbucks [SBUX] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: First Watch Restaurant Group Inc. wins in 8 metrics, Starbucks Corporation wins in 12 metrics, with 0 ties. Starbucks Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric First Watch Restaurant Group Inc. Starbucks Corporation Better
P/E Ratio (TTM) 44.24 81.50 First Watch Restaurant Group Inc.
Price-to-Book Ratio 1.34 -13.53 First Watch Restaurant Group Inc.
Debt-to-Equity Ratio 161.20 -3.04 First Watch Restaurant Group Inc.
PEG Ratio 0.02 -1.30 First Watch Restaurant Group Inc.
EV/EBITDA 16.69 25.17 First Watch Restaurant Group Inc.
Profit Margin (TTM) 1.59% 3.63% Starbucks Corporation
Operating Margin (TTM) 3.17% 9.26% Starbucks Corporation
EBITDA Margin (TTM) 3.17% 9.26% Starbucks Corporation
Return on Equity 3.18% -22.95% First Watch Restaurant Group Inc.
Return on Assets (TTM) 1.30% 6.87% Starbucks Corporation
Free Cash Flow (TTM) $-31.84M $2.44B Starbucks Corporation
Dividend Yield N/A 3.61% N/A
1-Year Return -17.51% 10.49% Starbucks Corporation
Price-to-Sales Ratio (TTM) 0.69 2.96 First Watch Restaurant Group Inc.
Enterprise Value $1.82B $133.32B Starbucks Corporation
EV/Revenue Ratio 1.49 3.54 First Watch Restaurant Group Inc.
Gross Profit Margin (TTM) 19.58% 21.07% Starbucks Corporation
Revenue per Share (TTM) $20 $33 Starbucks Corporation
Earnings per Share (Diluted) $0.31 $1.20 Starbucks Corporation
Beta (Stock Volatility) 0.98 0.94 Starbucks Corporation
Short % of Float 9.60% 4.21% Starbucks Corporation

First Watch Restaurant Group Inc. vs Starbucks Corporation Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
First Watch Restaurant Group Inc.-4.36%14.60%5.52%-0.67%-28.44%-22.90%
Starbucks Corporation-1.41%7.14%-4.90%3.85%18.96%20.98%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
First Watch Restaurant Group Inc.-17.51%-24.86%-44.01%-44.01%-44.01%-44.01%
Starbucks Corporation10.49%1.15%-6.07%86.30%481.49%462.75%

Performance & Financial Health Analysis: First Watch Restaurant Group Inc. vs Starbucks Corporation

MetricFWRGSBUX
Market Information
Market Cap i$814.68M$113.41B
Market Cap CategorySmall capLarge cap
10 Day Avg. Volume i1,196,9905,928,642
90 Day Avg. Volume i1,538,7137,572,817
Last Close$11.85$101.59
52 Week Range$9.97 - $19.53$77.99 - $108.88
% from 52W High-39.32%-6.70%
All-Time High$25.98 (Apr 29, 2024)$126.32 (Jul 19, 2021)
% from All-Time High-54.39%-19.58%
Growth Metrics
Quarterly Revenue Growth0.20%0.06%
Quarterly Earnings Growth20.69%-0.62%
Financial Health
Profit Margin (TTM) i0.02%0.04%
Operating Margin (TTM) i0.03%0.09%
Return on Equity (TTM) i0.03%-0.23%
Debt to Equity (MRQ) i161.20-3.04
Cash & Liquidity
Book Value per Share (MRQ)$10.25$-7.36
Cash per Share (MRQ)$0.35$3.16
Operating Cash Flow (TTM) i$125.91M$4.27B
Levered Free Cash Flow (TTM) i$-61,100,000$-1,439,387,520
Dividends
Last 12-Month Dividend Yield iN/A3.61%
Last 12-Month Dividend iN/A$3.07

Valuation & Enterprise Metrics Analysis: First Watch Restaurant Group Inc. vs Starbucks Corporation

MetricFWRG (Apr 24, 2026)SBUX (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i44.2481.50
Forward P/E i45.8533.59
PEG Ratio i0.02-1.30
Price to Sales (TTM) i0.692.96
Price to Book (MRQ) i1.34-13.53
Market Capitalization
Market Capitalization i$814.68M$113.41B
Enterprise Value i$1.82B$133.32B
Enterprise Value Metrics
Enterprise to Revenue i1.493.54
Enterprise to EBITDA i16.6925.17
Risk & Other Metrics
Beta i0.980.94
Book Value per Share (MRQ) i$10.25$-7.36

Financial Statements Comparison: First Watch Restaurant Group Inc. vs Starbucks Corporation

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricFWRG (2025)SBUX (2025)
Revenue/Sales i1.22B37.18B
Cost of Goods Sold i988.05M28.72B
COGS % of Revenue i80.8%77.2%
Gross Profit i234.45M8.47B
Gross Margin i19.2%22.8%
Research & Development iN/AN/A
Operating Income (EBIT) i30.49M3.58B
Operating Margin i2.5%9.6%
EBITDA i106.82M5.71B
EBITDA Margin i8.7%15.4%
Pre-Tax Income i12.13M2.51B
Pre-Tax Income % of Revenue i1.0%6.7%
Income Tax i-7.30M650.60M
Income Tax % of Revenue i-0.6%1.7%
Net Income (Profit) i19.43M1.86B
Profit Margin i1.6%5.0%

Balance Sheet & Liquidity Metrics

MetricFWRG (2025)SBUX (2025)
Cash & Equivalents i21.25M3.22B
Total Current Assets i49.08M7.38B
Total Current Assets % of Revenue i4.0%19.9%
Total Current Liabilities i167.50M10.21B
Total Current Liabilities % of Revenue i13.7%27.5%
Long-Term Debt i920.33M23.55B
Long-Term Debt % of Revenue i75.3%63.3%
Total Shareholders Equity i626.28M-8.09B
Retained Earnings i-34.39M-8.27B
Retained Earnings % of Revenue i-2.8%-22.2%
Property, Plant & Equipment i626.28M14.26B

Cash Flow Statement Comparison

MetricFWRG (2025)SBUX (2025)
Operating Cash Flow i122.37M3.79B
Operating Cash Flow % of Revenue i10.0%10.2%
Capital Expenditures iN/A-2.31B
Free Cash Flow i-31.84M2.44B
FCF Margin i-2.6%6.6%
Debt Repayment i-396.41M-1.26B
Common Stock Repurchase iN/A0

Short Interest & Institutional Ownership Analysis

MetricFWRGSBUX
Shares Short i5.28M43.16M
Short Ratio i2.805.28
Short % of Float i9.60%4.21%
Shares Outstanding i61.13M1.14B
Float Shares i60.28M1.14B
% Held by Insiders i1.58%0.13%
% Held by Institutions i126.66%84.70%
% Held by Public i-28.24%15.17%

Dividend Analysis & Yield Comparison: First Watch Restaurant Group Inc. vs Starbucks Corporation

MetricFWRGSBUX
Last 12-Month Dividend iN/A$3.07
Last 12-Month Dividend Yield iN/A3.61%
3-Year Avg Annual Dividend iN/A$2.52
3-Year Avg Dividend Yield iN/A0.62%
3-Year Total Dividends iN/A$7.55
Ex-Dividend DateN/AFeb 13, 2026