First Watch Restaurant Group, Inc. (FWRG) vs Johnson Outdoors Inc. (JOUT)
A side-by-side comparison of First Watch Restaurant Group, Inc. and Johnson Outdoors 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.
FWRG
First Watch Restaurant Group, Inc.
$10.74Consumer CyclicalDelayed quote: Oct 6, 2026, 12:25 PM EDT
JOUT
Johnson Outdoors Inc.
$44.80Consumer CyclicalDelayed quote: Oct 6, 2026, 12:25 PM EDT
Total return — FWRG vs JOUT
growth of $100 · dividends reinvested · last 5yFWRG -52.5% (-13.8%/yr)JOUT -51.6% (-13.5%/yr)JOUT compounded faster over this window
FWRG JOUT
FWRG vs JOUT: by the numbers
- •FWRG is the larger company ($663M vs $469M market cap).
- •FWRG is profitable (1.35% net margin) while JOUT runs a net loss (-1.21%).
- •FWRG grew revenue faster over the past five years (25.36% vs -2.50% CAGR).
- •JOUT pays a dividend (2.97% yield), while FWRG has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | FWRG | JOUT |
|---|---|---|
| P/E ratio | 37.84 | N/A |
| Forward P/E | 92.63 | 31.77 |
| P/S ratio | 0.50 | 0.71 |
| P/B ratio | 1.05 | 1.09 |
| EV / EBITDA | 12.29 | 7.19 |
| FCF yield | N/A | 6.37% |
Profitability
| Metric | FWRG | JOUT |
|---|---|---|
| Gross margin | 13.04% | 39.67% |
| Operating margin | 4.25% | 2.66% |
| Net margin | 1.35% | -1.21% |
| ROE | 2.81% | -1.86% |
| ROIC | 3.38% | 1.88% |
Dividends
| Metric | FWRG | JOUT |
|---|---|---|
| Dividend yield | N/A | 2.97% |
Growth (annualized)
| Metric | FWRG | JOUT |
|---|---|---|
| Revenue CAGR (5Y) | 25.36% | -2.50% |
| FCF CAGR (5Y) | N/A | 2.17% |
| Total return CAGR (5Y) | -13.18% | -14.36% |
Frequently asked
- Which has grown faster, FWRG or JOUT?
- Over the past five years, FWRG grew revenue faster — FWRG at a 25.36% CAGR versus JOUT at -2.50%.
- Does FWRG or JOUT pay a bigger dividend?
- JOUT pays a dividend (2.97% yield), while FWRG has no payments in the available dividend history.
- Is FWRG or JOUT more profitable?
- FWRG runs the higher net margin — FWRG at 1.35% versus JOUT at -1.21%.
- How have FWRG and JOUT total returns compared?
- Over the past 5 years, FWRG delivered -13.18% and JOUT delivered -14.36% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
First Watch Restaurant P/E ratioJohnson Outdoors dividend yieldFirst Watch Restaurant ROEJohnson Outdoors ROEFirst Watch Restaurant operating marginJohnson Outdoors operating marginFirst Watch Restaurant revenue growthJohnson Outdoors revenue growthFirst Watch Restaurant free cash flowJohnson Outdoors free cash flow
First Watch Restaurant & Johnson Outdoors 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.