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Side-by-side financial comparison of AMERICAN WOODMARK CORP (AMWD) and First Watch Restaurant Group, Inc. (FWRG). Click either name above to swap in a different company.

AMERICAN WOODMARK CORP is the larger business by last-quarter revenue ($394.6M vs $316.4M, roughly 1.2× First Watch Restaurant Group, Inc.). On growth, First Watch Restaurant Group, Inc. posted the faster year-over-year revenue change (20.2% vs -12.8%). AMERICAN WOODMARK CORP produced more free cash flow last quarter ($638.0K vs $-18.3M). Over the past eight quarters, First Watch Restaurant Group, Inc.'s revenue compounded faster (14.2% CAGR vs -3.3%).

American Woodmark Corporation is a kitchen and bath cabinet manufacturer headquartered in Winchester, Virginia. The company operates several manufacturing facilities and service centers. The manufacturing facilities are located in Arizona, Georgia, Indiana, Kentucky, Maryland, Tennessee, Virginia, and West Virginia with service centers being located throughout the country.

Ruby Tuesday Inc. is an American multinational foodservice retailer that owns, operates, and franchises Ruby Tuesday restaurants. The concept was started in 1972 by Samuel E. (Sandy) Beall III.

AMWD vs FWRG — Head-to-Head

Bigger by revenue
AMWD
AMWD
1.2× larger
AMWD
$394.6M
$316.4M
FWRG
Growing faster (revenue YoY)
FWRG
FWRG
+32.9% gap
FWRG
20.2%
-12.8%
AMWD
More free cash flow
AMWD
AMWD
$19.0M more FCF
AMWD
$638.0K
$-18.3M
FWRG
Faster 2-yr revenue CAGR
FWRG
FWRG
Annualised
FWRG
14.2%
-3.3%
AMWD

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AMWD
AMWD
FWRG
FWRG
Revenue
$394.6M
$316.4M
Net Profit
$6.1M
Gross Margin
15.2%
Operating Margin
3.1%
2.9%
Net Margin
1.5%
Revenue YoY
-12.8%
20.2%
Net Profit YoY
-78.0%
EPS (diluted)
$0.42
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMWD
AMWD
FWRG
FWRG
Q4 25
$394.6M
$316.4M
Q3 25
$403.0M
$316.0M
Q2 25
$400.4M
$307.9M
Q1 25
$397.6M
$282.2M
Q4 24
$452.5M
$263.3M
Q3 24
$459.1M
$251.6M
Q2 24
$453.3M
$258.6M
Q1 24
$422.1M
$242.4M
Net Profit
AMWD
AMWD
FWRG
FWRG
Q4 25
$6.1M
Q3 25
$14.6M
$3.0M
Q2 25
$25.6M
$2.1M
Q1 25
$16.6M
$-829.0K
Q4 24
$27.7M
Q3 24
$29.6M
$2.1M
Q2 24
$26.8M
$8.9M
Q1 24
$21.2M
$7.2M
Gross Margin
AMWD
AMWD
FWRG
FWRG
Q4 25
15.2%
Q3 25
16.7%
Q2 25
17.0%
Q1 25
15.0%
Q4 24
18.9%
Q3 24
20.2%
Q2 24
18.6%
Q1 24
19.2%
Operating Margin
AMWD
AMWD
FWRG
FWRG
Q4 25
3.1%
2.9%
Q3 25
5.0%
3.2%
Q2 25
7.4%
2.4%
Q1 25
5.3%
0.4%
Q4 24
9.4%
1.5%
Q3 24
10.2%
2.5%
Q2 24
8.4%
6.4%
Q1 24
6.6%
5.1%
Net Margin
AMWD
AMWD
FWRG
FWRG
Q4 25
1.5%
Q3 25
3.6%
0.9%
Q2 25
6.4%
0.7%
Q1 25
4.2%
-0.3%
Q4 24
6.1%
Q3 24
6.5%
0.8%
Q2 24
5.9%
3.4%
Q1 24
5.0%
3.0%
EPS (diluted)
AMWD
AMWD
FWRG
FWRG
Q4 25
$0.42
$0.24
Q3 25
$1.00
$0.05
Q2 25
$1.73
$0.03
Q1 25
$1.09
$-0.01
Q4 24
$1.79
$0.01
Q3 24
$1.89
$0.03
Q2 24
$1.70
$0.14
Q1 24
$1.32
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMWD
AMWD
FWRG
FWRG
Cash + ST InvestmentsLiquidity on hand
$52.1M
$21.2M
Total DebtLower is stronger
$363.3M
$269.1M
Stockholders' EquityBook value
$928.2M
$626.3M
Total Assets
$1.6B
$1.7B
Debt / EquityLower = less leverage
0.39×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMWD
AMWD
FWRG
FWRG
Q4 25
$52.1M
$21.2M
Q3 25
$54.9M
$20.7M
Q2 25
$48.2M
$19.2M
Q1 25
$43.5M
$18.6M
Q4 24
$56.7M
$33.3M
Q3 24
$89.3M
$51.1M
Q2 24
$87.4M
$45.1M
Q1 24
$97.8M
$43.2M
Total Debt
AMWD
AMWD
FWRG
FWRG
Q4 25
$363.3M
$269.1M
Q3 25
$364.8M
$251.0M
Q2 25
$365.8M
$250.0M
Q1 25
$367.3M
$191.5M
Q4 24
$368.0M
$189.0M
Q3 24
$372.2M
$189.7M
Q2 24
$371.8M
$192.1M
Q1 24
$371.3M
$122.7M
Stockholders' Equity
AMWD
AMWD
FWRG
FWRG
Q4 25
$928.2M
$626.3M
Q3 25
$920.3M
$607.3M
Q2 25
$916.0M
$601.3M
Q1 25
$919.6M
$596.3M
Q4 24
$915.1M
$595.4M
Q3 24
$913.8M
$589.1M
Q2 24
$910.4M
$585.8M
Q1 24
$896.9M
$574.4M
Total Assets
AMWD
AMWD
FWRG
FWRG
Q4 25
$1.6B
$1.7B
Q3 25
$1.6B
$1.7B
Q2 25
$1.6B
$1.7B
Q1 25
$1.6B
$1.5B
Q4 24
$1.6B
$1.5B
Q3 24
$1.6B
$1.5B
Q2 24
$1.6B
$1.4B
Q1 24
$1.6B
$1.3B
Debt / Equity
AMWD
AMWD
FWRG
FWRG
Q4 25
0.39×
0.43×
Q3 25
0.40×
0.41×
Q2 25
0.40×
0.42×
Q1 25
0.40×
0.32×
Q4 24
0.40×
0.32×
Q3 24
0.41×
0.32×
Q2 24
0.41×
0.33×
Q1 24
0.41×
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMWD
AMWD
FWRG
FWRG
Operating Cash FlowLast quarter
$11.2M
$18.5M
Free Cash FlowOCF − Capex
$638.0K
$-18.3M
FCF MarginFCF / Revenue
0.2%
-5.8%
Capex IntensityCapex / Revenue
2.7%
11.6%
Cash ConversionOCF / Net Profit
1.83×
TTM Free Cash FlowTrailing 4 quarters
$64.0M
$-31.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMWD
AMWD
FWRG
FWRG
Q4 25
$11.2M
$18.5M
Q3 25
$33.1M
$47.9M
Q2 25
$44.8M
$39.4M
Q1 25
$11.0M
$20.1M
Q4 24
$11.9M
$22.9M
Q3 24
$40.8M
$35.9M
Q2 24
$43.3M
$31.9M
Q1 24
$43.7M
$25.0M
Free Cash Flow
AMWD
AMWD
FWRG
FWRG
Q4 25
$638.0K
$-18.3M
Q3 25
$25.3M
$5.5M
Q2 25
$35.8M
$-1.7M
Q1 25
$2.3M
$-16.4M
Q4 24
$1.1M
$-17.7M
Q3 24
$29.5M
$6.8M
Q2 24
$7.2M
$2.3M
Q1 24
$22.1M
$-3.6M
FCF Margin
AMWD
AMWD
FWRG
FWRG
Q4 25
0.2%
-5.8%
Q3 25
6.3%
1.7%
Q2 25
8.9%
-0.5%
Q1 25
0.6%
-5.8%
Q4 24
0.2%
-6.7%
Q3 24
6.4%
2.7%
Q2 24
1.6%
0.9%
Q1 24
5.2%
-1.5%
Capex Intensity
AMWD
AMWD
FWRG
FWRG
Q4 25
2.7%
11.6%
Q3 25
1.9%
13.4%
Q2 25
2.2%
13.4%
Q1 25
2.2%
13.0%
Q4 24
2.4%
15.4%
Q3 24
2.5%
11.6%
Q2 24
8.0%
11.5%
Q1 24
5.1%
11.8%
Cash Conversion
AMWD
AMWD
FWRG
FWRG
Q4 25
1.83×
Q3 25
2.27×
16.01×
Q2 25
1.75×
18.72×
Q1 25
0.66×
Q4 24
0.43×
Q3 24
1.38×
16.98×
Q2 24
1.62×
3.59×
Q1 24
2.06×
3.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMWD
AMWD

Home Center Retailers$166.7M42%
Builders$164.7M42%
Independent Dealersand Distributors$63.2M16%

FWRG
FWRG

In Restaurant Dining Sales$254.1M80%
Third Party Delivery Sales$38.6M12%
Take Out Sales$21.3M7%
Royalty And System Fund Contributions$2.3M1%

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