First Watch Restaurant Group, Inc. (FWRG) vs Kura Sushi USA, Inc. (KRUS)
A side-by-side comparison of First Watch Restaurant Group, Inc. and Kura Sushi USA, 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.
$10.60Consumer CyclicalDelayed quote: Oct 6, 2026, 3:00 PM EDT
KRUS
Kura Sushi USA, Inc.
$39.86Consumer CyclicalDelayed quote: Oct 6, 2026, 3:00 PM EDT
Total return — FWRG vs KRUS
growth of $100 · dividends reinvested · last 5yFWRG -52.5% (-13.8%/yr)KRUS -7.6% (-1.6%/yr)KRUS compounded faster over this window
FWRG KRUS
FWRG vs KRUS: by the numbers
- •FWRG is the larger company ($654M vs $484M market cap).
- •FWRG is profitable (1.35% net margin) while KRUS runs a net loss (-0.65%).
- •KRUS grew revenue faster over the past five years (49.65% vs 25.36% CAGR).
Metrics side by side
Valuation
| Metric | FWRG | KRUS |
|---|---|---|
| P/E ratio | 37.34 | N/A |
| Forward P/E | 91.39 | 170.60 |
| P/S ratio | 0.50 | 1.52 |
| P/B ratio | 1.03 | 2.10 |
| EV / EBITDA | 12.23 | 49.54 |
Profitability
| Metric | FWRG | KRUS |
|---|---|---|
| Gross margin | 13.04% | 11.25% |
| Operating margin | 4.25% | -0.99% |
| Net margin | 1.35% | -0.65% |
| ROE | 2.81% | -0.90% |
| ROIC | 3.38% | -0.75% |
Growth (annualized)
| Metric | FWRG | KRUS |
|---|---|---|
| Revenue CAGR (5Y) | 25.36% | 49.65% |
| Total return CAGR (5Y) | -13.18% | -1.93% |
Frequently asked
- Which has grown faster, FWRG or KRUS?
- Over the past five years, KRUS grew revenue faster — FWRG at a 25.36% CAGR versus KRUS at 49.65%.
- Is FWRG or KRUS more profitable?
- FWRG runs the higher net margin — FWRG at 1.35% versus KRUS at -0.65%.
- How have FWRG and KRUS total returns compared?
- Over the past 5 years, FWRG delivered -13.18% and KRUS delivered -1.93% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
First Watch Restaurant P/E ratioFirst Watch Restaurant ROEKura Sushi USA ROEFirst Watch Restaurant operating marginKura Sushi USA operating marginFirst Watch Restaurant revenue growthKura Sushi USA revenue growthFirst Watch Restaurant free cash flowKura Sushi USA free cash flow
First Watch Restaurant & Kura Sushi USA 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.