Bloomin' Brands, Inc. (BLMN) vs First Watch Restaurant Group, Inc. (FWRG)
A side-by-side comparison of Bloomin' Brands, Inc. 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.
BLMN
Bloomin' Brands, Inc.
$8.28Consumer 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 — BLMN vs FWRG
growth of $100 · dividends reinvested · last 5yBLMN -63.0% (-18.0%/yr)FWRG -52.5% (-13.8%/yr)FWRG compounded faster over this window
BLMN FWRG
BLMN vs FWRG: by the numbers
- •BLMN is the larger company ($709M vs $649M market cap).
- •BLMN trades at the lower trailing earnings multiple (26.71 vs 37.03 P/E), one valuation lens rather than an overall verdict.
- •FWRG converts more revenue to profit (1.35% vs 0.70% net margin).
- •FWRG grew revenue faster over the past five years (25.36% vs -1.02% CAGR).
- •BLMN pays a dividend (11.59% yield), while FWRG has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | BLMN | FWRG |
|---|---|---|
| P/E ratio | 26.71 | 37.03 |
| Forward P/E | 8.57 | 90.64 |
| P/S ratio | 0.18 | 0.49 |
| P/B ratio | N/A | 1.02 |
| EV / EBITDA | N/A | 12.19 |
| FCF yield | 21.86% | N/A |
Profitability
| Metric | BLMN | FWRG |
|---|---|---|
| Gross margin | 8.89% | 13.04% |
| Operating margin | 1.28% | 4.25% |
| Net margin | 0.70% | 1.35% |
| ROE | 6.41% | 2.81% |
| ROIC | N/A | 3.38% |
Dividends
| Metric | BLMN | FWRG |
|---|---|---|
| Dividend yield | 11.59% | N/A |
| Payout ratio | 309.68% | N/A |
Growth (annualized)
| Metric | BLMN | FWRG |
|---|---|---|
| Revenue CAGR (5Y) | -1.02% | 25.36% |
| FCF CAGR (5Y) | -14.49% | N/A |
| Total return CAGR (5Y) | -17.20% | -13.18% |
Frequently asked
- Which has the lower trailing P/E, BLMN or FWRG?
- BLMN has the lower trailing P/E: BLMN trades at 26.71 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, BLMN or FWRG?
- Over the past five years, FWRG grew revenue faster — BLMN at a -1.02% CAGR versus FWRG at 25.36%.
- Does BLMN or FWRG pay a bigger dividend?
- BLMN pays a dividend (11.59% yield), while FWRG has no payments in the available dividend history.
- Is BLMN or FWRG more profitable?
- FWRG runs the higher net margin — BLMN at 0.70% versus FWRG at 1.35%.
- How have BLMN and FWRG total returns compared?
- Over the past 5 years, BLMN delivered -17.20% and FWRG delivered -13.18% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Bloomin' Brands P/E ratioFirst Watch Restaurant P/E ratioBloomin' Brands dividend yieldBloomin' Brands ROEFirst Watch Restaurant ROEBloomin' Brands operating marginFirst Watch Restaurant operating marginBloomin' Brands revenue growthFirst Watch Restaurant revenue growthBloomin' Brands free cash flowFirst Watch Restaurant free cash flow
Bloomin' Brands & 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.