Fox Factory Holding Corp. (FOXF) vs First Watch Restaurant Group, Inc. (FWRG)

A side-by-side comparison of Fox Factory Holding 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 — FOXF vs FWRG

growth of $100 · dividends reinvested · last 5y
FOXF -87.0% (-33.5%/yr)FWRG -52.5% (-13.8%/yr)FWRG compounded faster over this window
050100Start $10020222023202420252026$13$47
FOXF FWRG

FOXF vs FWRG: by the numbers

  • •FOXF is the larger company ($811M vs $659M market cap).
  • •FWRG is profitable (1.35% net margin) while FOXF runs a net loss (-20.39%).
  • •FWRG grew revenue faster over the past five years (25.36% vs 5.27% CAGR).

Metrics side by side

Valuation

MetricFOXFFWRG
P/E ratioN/A37.61
Forward P/E12.4192.06
P/S ratio0.550.50
P/B ratio1.221.04
EV / EBITDAN/A12.26
FCF yield1.55%N/A

Profitability

MetricFOXFFWRG
Gross margin29.14%13.04%
Operating margin-35.64%4.25%
Net margin-20.39%1.35%
ROE-44.76%2.81%
ROIC-17.66%3.38%

Growth (annualized)

MetricFOXFFWRG
Revenue CAGR (5Y)5.27%25.36%
FCF CAGR (5Y)26.70%N/A
Total return CAGR (5Y)-33.60%-13.18%

Frequently asked

Which has grown faster, FOXF or FWRG?
Over the past five years, FWRG grew revenue faster — FOXF at a 5.27% CAGR versus FWRG at 25.36%.
Is FOXF or FWRG more profitable?
FWRG runs the higher net margin — FOXF at -20.39% versus FWRG at 1.35%.
How have FOXF and FWRG total returns compared?
Over the past 5 years, FOXF delivered -33.60% 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.