First Watch Restaurant market cap FWRG
Share price times shares outstanding: what the whole company sells for, since 2021.
- Today, Oct 23, 2026
- $672M
- Highest close in our data
- $1.5B
- Mar 2024
First Watch Restaurant is worth $672M at the close on Oct 23, 2026, at $10.89 a share.
That is down 40% over the last year and down 43% over five years.
Its highest close in our data was $1.5B in Mar 2024.
Market cap over time
Year by year
| Year | End of year | Low | High | Change |
|---|---|---|---|---|
| 2026 so far | $672M | $625.8M | $1.1B | −31% |
| 2025 | $971M | $910.6M | $1.3B | −14% |
| 2024 | $1.1B | $845.8M | $1.5B | −6% |
| 2023 | $1.2B | $796.8M | $1.2B | +50% |
| 2022 | $801M | $709.8M | $1.1B | −19% |
| 2021 | $989.7M | $943M | $1.2B | n/a |
Against its peers
Companies in Restaurants nearest First Watch Restaurant's size, closest first, today.
| Company | Market cap |
|---|---|
| FWRGFirst Watch Restaurant | $672M |
| PZZAPapa Johns International | $595.9M |
| BLMNBloomin' Brands | $787.7M |
| BRCBBlack Rock Coffee Bar | $491.2M |
| LOCOEl Pollo Loco | $438.8M |
| NATHNathans Famous | $418.2M |
| SGSweetgreen | $1.2B |
| WENWendy's | $1.2B |
| BJRIBJs RESTAURANTS INC | $1.2B |
| PTLOPortillo's | $319.7M |
| CBRLCracker Barrel Old Country Store | $1.5B |
| Peer median | $691.8M |
What the market cap tells you
Share price times shares outstanding: what the whole company sells for today.
Size, not quality. Large caps move slower and are covered more. That is all it tells you.
More on First Watch Restaurant
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.