Which has the lower trailing P/E, FLXS or FWRG?

FLXS has the lower trailing P/E: FLXS trades at 14.25 and FWRG at 37.70. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FLXS or FWRG?

Over the past five years, FWRG grew revenue faster — FLXS at a -0.84% CAGR versus FWRG at 25.36%.

Does FLXS or FWRG pay a bigger dividend?

FLXS pays a dividend (1.02% yield), while FWRG has no payments in the available dividend history.

Is FLXS or FWRG more profitable?

FLXS runs the higher net margin — FLXS at 7.21% versus FWRG at 1.35%.

How have FLXS and FWRG total returns compared?

Over the past 5 years, FLXS delivered 27.23% and FWRG delivered -13.18% annualized total return. Past performance doesn't predict future results.

Flexsteel Industries, Inc. (FLXS) vs First Watch Restaurant Group, Inc. (FWRG)

A side-by-side comparison of Flexsteel Industries, 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.

FLXS

Flexsteel Industries, Inc.

$474M

$88.47Consumer CyclicalDelayed quote: Oct 6, 2026, 11:54 AM EDT

FWRG

First Watch Restaurant Group, Inc.

$660M

$10.70Consumer CyclicalDelayed quote: Oct 6, 2026, 11:55 AM EDT

Total return — FLXS vs FWRG

growth of $100 · dividends reinvested · last 5y

FLXS +197.2% (+24.3%/yr)FWRG -52.5% (-13.8%/yr)FLXS compounded faster over this window

Log scale — wide-divergence pair

FLXS FWRG

FLXS vs FWRG: by the numbers

•FWRG is the larger company ($660M vs $474M market cap).
•FLXS trades at the lower trailing earnings multiple (14.25 vs 37.70 P/E), one valuation lens rather than an overall verdict.
•FLXS converts more revenue to profit (7.21% vs 1.35% net margin).
•FWRG grew revenue faster over the past five years (25.36% vs -0.84% CAGR).
•FLXS pays a dividend (1.02% yield), while FWRG has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	FLXS	FWRG
P/E ratio	14.25	37.70
Forward P/E	16.93	92.28
PEG ratio	0.99	N/A
P/S ratio	1.03	0.50
P/B ratio	3.55	1.04
EV / EBITDA	10.98	12.27
FCF yield	10.04%	N/A

Profitability

Metric	FLXS	FWRG
Gross margin	24.70%	13.04%
Operating margin	9.27%	4.25%
Net margin	7.21%	1.35%
ROE	24.82%	2.81%
ROIC	17.23%	3.38%

Dividends

Metric	FLXS	FWRG
Dividend yield	1.02%	N/A
Payout ratio	14.49%	N/A

Growth (annualized)

Metric	FLXS	FWRG
Revenue CAGR (5Y)	-0.84%	25.36%
EPS CAGR (5Y)	15.09%	N/A
Total return CAGR (5Y)	27.23%	-13.18%

Frequently asked

Which has the lower trailing P/E, FLXS or FWRG?: FLXS has the lower trailing P/E: FLXS trades at 14.25 and FWRG at 37.70. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FLXS or FWRG?: Over the past five years, FWRG grew revenue faster — FLXS at a -0.84% CAGR versus FWRG at 25.36%.
Does FLXS or FWRG pay a bigger dividend?: FLXS pays a dividend (1.02% yield), while FWRG has no payments in the available dividend history.
Is FLXS or FWRG more profitable?: FLXS runs the higher net margin — FLXS at 7.21% versus FWRG at 1.35%.
How have FLXS and FWRG total returns compared?: Over the past 5 years, FLXS delivered 27.23% and FWRG delivered -13.18% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FLXS analysis Full FWRG analysis Interactive comparison tool

Dig into the metrics

Flexsteel Industries P/E ratio First Watch Restaurant P/E ratio Flexsteel Industries dividend yield Flexsteel Industries ROE First Watch Restaurant ROE Flexsteel Industries operating margin First Watch Restaurant operating margin Flexsteel Industries revenue growth First Watch Restaurant revenue growth Flexsteel Industries free cash flow First Watch Restaurant free cash flow

Flexsteel Industries & First Watch Restaurant appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

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.