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.
ARKO
Arko Corp.
$4.21Consumer CyclicalDelayed quote: Oct 5, 2026, 4:00 PM EDT
FWRG
First Watch Restaurant Group, Inc.
$10.51Consumer CyclicalDelayed quote: Oct 5, 2026, 4:00 PM EDT
Total return — ARKO vs FWRG
growth of $100 · dividends reinvested · last 5yARKO -55.7% (-15.0%/yr)FWRG -52.5% (-13.8%/yr)FWRG compounded faster over this window
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
| Metric | ARKO | FWRG |
|---|---|---|
| P/E ratio | 59.13 | 37.03 |
| Forward P/E | 38.27 | 90.64 |
| PEG ratio | 3.66 | N/A |
| P/S ratio | 0.06 | 0.49 |
| P/B ratio | 1.17 | 1.02 |
| EV / EBITDA | 10.59 | 12.19 |
| FCF yield | 8.45% | N/A |
Profitability
| Metric | ARKO | FWRG |
|---|---|---|
| Gross margin | 5.17% | 13.04% |
| Operating margin | 1.40% | 4.25% |
| Net margin | 0.19% | 1.35% |
| ROE | 2.95% | 2.81% |
| ROIC | 2.66% | 3.38% |
Dividends
| Metric | ARKO | FWRG |
|---|---|---|
| Dividend yield | 2.85% | N/A |
| Payout ratio | 168.54% | N/A |
Growth (annualized)
| Metric | ARKO | FWRG |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Arko P/E ratioFirst Watch Restaurant P/E ratioArko dividend yieldArko ROEFirst Watch Restaurant ROEArko operating marginFirst Watch Restaurant operating marginArko revenue growthFirst Watch Restaurant revenue growthArko free cash flowFirst Watch Restaurant free cash flow
Arko & First Watch Restaurant appear in these rankings
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.