Arko Corp. (ARKO) vs First Watch Restaurant Group, Inc. (FWRG)

A side-by-side comparison of Arko Corp. and First Watch Restaurant Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — ARKO vs FWRG

growth of $100 · dividends reinvested · last 5y
ARKO -55.7% (-15.0%/yr)FWRG -52.5% (-13.8%/yr)FWRG compounded faster over this window
406080100120Start $10020222023202420252026$44$47
ARKO FWRG

ARKO vs FWRG: by the numbers

  • •FWRG is the larger company ($649M vs $472M market cap).
  • •FWRG trades at the lower trailing earnings multiple (37.03 vs 59.13 P/E), one valuation lens rather than an overall verdict.
  • •FWRG converts more revenue to profit (1.35% vs 0.19% net margin).
  • •FWRG grew revenue faster over the past five years (25.36% vs 7.25% CAGR).
  • •ARKO pays a dividend (2.85% yield), while FWRG has no payments in the available dividend history.

Metrics side by side

Valuation

MetricARKOFWRG
P/E ratio59.1337.03
Forward P/E38.2790.64
PEG ratio3.66N/A
P/S ratio0.060.49
P/B ratio1.171.02
EV / EBITDA10.5912.19
FCF yield8.45%N/A

Profitability

MetricARKOFWRG
Gross margin5.17%13.04%
Operating margin1.40%4.25%
Net margin0.19%1.35%
ROE2.95%2.81%
ROIC2.66%3.38%

Dividends

MetricARKOFWRG
Dividend yield2.85%N/A
Payout ratio168.54%N/A

Growth (annualized)

MetricARKOFWRG
Revenue CAGR (5Y)7.25%25.36%
EPS CAGR (5Y)16.14%N/A
FCF CAGR (5Y)-11.62%N/A
Total return CAGR (5Y)-14.93%-13.18%

Frequently asked

Which has the lower trailing P/E, ARKO or FWRG?
FWRG has the lower trailing P/E: ARKO trades at 59.13 and FWRG at 37.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ARKO or FWRG?
Over the past five years, FWRG grew revenue faster — ARKO at a 7.25% CAGR versus FWRG at 25.36%.
Does ARKO or FWRG pay a bigger dividend?
ARKO pays a dividend (2.85% yield), while FWRG has no payments in the available dividend history.
Is ARKO or FWRG more profitable?
FWRG runs the higher net margin — ARKO at 0.19% versus FWRG at 1.35%.
How have ARKO and FWRG total returns compared?
Over the past 5 years, ARKO delivered -14.93% and FWRG delivered -13.18% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.