Bloomin' Brands, Inc. (BLMN) vs First Watch Restaurant Group, Inc. (FWRG)

Bloomin' Brands, Inc. and First Watch Restaurant Group, Inc. are both Restaurants companies. Bloomin' Brands, Inc. is the larger, with a market value of $850.2M against $762.8M — 1.1× the size. Bloomin' Brands, Inc. trades at the lower P/E: 31.1× against 40.4×. First Watch Restaurant Group, Inc. grew revenue faster over the last twelve months: 19.3% against 1.16%. First Watch Restaurant Group, Inc. has the higher net margin (1.35% vs 0.70%) and the lower return on invested capital (1.95% vs 2.78%). Across the 20 metrics below, Bloomin' Brands, Inc. leads on 11 and First Watch Restaurant Group, Inc. on 9.

Valuation

Metric BLMN FWRG Restaurants median
P/E 31.09 40.40 24.26
P/S 0.21 0.57 0.92
P/B 1.96 1.18 2.01
Price to free cash flow 5.48 n/m 20.49
EV/EBITDA 5.35 9.07 11.76
EV/Sales 0.37 0.77 1.24
Earnings yield 3.22% 2.48% 2.07%
Free cash flow yield 18.25% (2.92%) 3.58%

Profitability

Metric BLMN FWRG Restaurants median
Gross margin 38.95% 20.63% 38.77%
Operating margin 1.20% 2.14% 4.30%
Net margin 0.70% 1.35% 1.85%
Free cash flow margin 3.90% (1.66%) 3.12%
Return on equity 6.62% 2.88% 3.72%
Return on assets 0.86% 1.02% 1.50%
Return on invested capital 2.78% 1.95% 3.14%

Growth

Metric BLMN FWRG Restaurants median
Revenue growth (TTM) 1.16% 19.27% 5.66%
EPS growth (last fiscal year) 106.71% 3.33% (7.75%)
Revenue growth, 5-year CAGR 4.53% 28.99% 10.57%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BLMN FWRG Restaurants median
Debt to equity 1.62 0.46 0.10
Current ratio 0.25 0.27 0.77
Net debt to EBITDA 2.75 2.53 0.43

Dividend

Metric BLMN FWRG Restaurants median
Dividend yield 0.00% — 1.97%
Payout ratio 0.00 — 0.42

Size

Metric BLMN FWRG Restaurants median
Market cap 850.22m 762.77m 493.91m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack