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.

Compare

Total return — BLMN vs FWRG

growth of $100 · dividends reinvested · last 5y
BLMN -63.0% (-18.0%/yr)FWRG -52.5% (-13.8%/yr)FWRG compounded faster over this window
20406080100120Start $10020222023202420252026$37$47
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

MetricBLMNFWRG
P/E ratio26.7137.03
Forward P/E8.5790.64
P/S ratio0.180.49
P/B ratioN/A1.02
EV / EBITDAN/A12.19
FCF yield21.86%N/A

Profitability

MetricBLMNFWRG
Gross margin8.89%13.04%
Operating margin1.28%4.25%
Net margin0.70%1.35%
ROE6.41%2.81%
ROICN/A3.38%

Dividends

MetricBLMNFWRG
Dividend yield11.59%N/A
Payout ratio309.68%N/A

Growth (annualized)

MetricBLMNFWRG
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.

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.