First Watch Restaurant Group, Inc. (FWRG) vs Solid Power, Inc. (SLDP)
A side-by-side comparison of First Watch Restaurant Group, Inc. and Solid Power, 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.
$10.58Consumer CyclicalDelayed quote: Oct 6, 2026, 2:14 PM EDT
SLDP
Solid Power, Inc.
$2.36Consumer CyclicalDelayed quote: Oct 6, 2026, 2:10 PM EDT
Total return — FWRG vs SLDP
growth of $100 · dividends reinvested · last 5yFWRG -52.5% (-13.8%/yr)SLDP -77.1% (-25.5%/yr)FWRG compounded faster over this window
FWRG SLDP
FWRG vs SLDP: by the numbers
- •FWRG is the larger company ($653M vs $530M market cap).
- •FWRG is profitable (1.35% net margin) while SLDP runs a net loss (-876.07%).
- •SLDP grew revenue faster over the past five years (36.05% vs 25.36% CAGR).
Metrics side by side
Valuation
| Metric | FWRG | SLDP |
|---|---|---|
| P/E ratio | 37.28 | N/A |
| Forward P/E | 91.25 | N/A |
| P/S ratio | 0.50 | 51.71 |
| P/B ratio | 1.03 | 1.06 |
| EV / EBITDA | 12.22 | N/A |
Profitability
| Metric | FWRG | SLDP |
|---|---|---|
| Gross margin | 13.04% | 5.05% |
| Operating margin | 4.25% | -463.66% |
| Net margin | 1.35% | -876.07% |
| ROE | 2.81% | -17.89% |
| ROIC | 3.38% | -21.06% |
Growth (annualized)
| Metric | FWRG | SLDP |
|---|---|---|
| Revenue CAGR (5Y) | 25.36% | 36.05% |
| Total return CAGR (5Y) | -13.18% | -25.78% |
Frequently asked
- Which has grown faster, FWRG or SLDP?
- Over the past five years, SLDP grew revenue faster — FWRG at a 25.36% CAGR versus SLDP at 36.05%.
- Is FWRG or SLDP more profitable?
- FWRG runs the higher net margin — FWRG at 1.35% versus SLDP at -876.07%.
- How have FWRG and SLDP total returns compared?
- Over the past 5 years, FWRG delivered -13.18% and SLDP delivered -25.78% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
First Watch Restaurant P/E ratioFirst Watch Restaurant ROESolid Power ROEFirst Watch Restaurant operating marginSolid Power operating marginFirst Watch Restaurant revenue growthSolid Power revenue growthFirst Watch Restaurant free cash flowSolid Power free cash flow
First Watch Restaurant & Solid Power 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.