vs

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

IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $316.4M, roughly 1.1× First Watch Restaurant Group, Inc.). On growth, First Watch Restaurant Group, Inc. posted the faster year-over-year revenue change (20.2% vs -4.2%). First Watch Restaurant Group, Inc. produced more free cash flow last quarter ($-18.3M vs $-216.2M). Over the past eight quarters, First Watch Restaurant Group, Inc.'s revenue compounded faster (14.2% CAGR vs -7.2%).

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.

IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.

FWRG vs IDA — Head-to-Head

Bigger by revenue
IDA
IDA
1.1× larger
IDA
$360.1M
$316.4M
FWRG
Growing faster (revenue YoY)
FWRG
FWRG
+24.4% gap
FWRG
20.2%
-4.2%
IDA
More free cash flow
FWRG
FWRG
$197.9M more FCF
FWRG
$-18.3M
$-216.2M
IDA
Faster 2-yr revenue CAGR
FWRG
FWRG
Annualised
FWRG
14.2%
-7.2%
IDA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FWRG
FWRG
IDA
IDA
Revenue
$316.4M
$360.1M
Net Profit
$43.6M
Gross Margin
Operating Margin
2.9%
14.9%
Net Margin
12.1%
Revenue YoY
20.2%
-4.2%
Net Profit YoY
15.1%
EPS (diluted)
$0.24
$0.78

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
FWRG
FWRG
IDA
IDA
Q4 25
$316.4M
$360.1M
Q3 25
$316.0M
$526.4M
Q2 25
$307.9M
$449.3M
Q1 25
$282.2M
$411.1M
Q4 24
$263.3M
$375.9M
Q3 24
$251.6M
$532.5M
Q2 24
$258.6M
$442.6M
Q1 24
$242.4M
$417.9M
Net Profit
FWRG
FWRG
IDA
IDA
Q4 25
$43.6M
Q3 25
$3.0M
$124.4M
Q2 25
$2.1M
$95.8M
Q1 25
$-829.0K
$59.6M
Q4 24
$37.9M
Q3 24
$2.1M
$113.6M
Q2 24
$8.9M
$89.5M
Q1 24
$7.2M
$48.2M
Operating Margin
FWRG
FWRG
IDA
IDA
Q4 25
2.9%
14.9%
Q3 25
3.2%
27.5%
Q2 25
2.4%
22.4%
Q1 25
0.4%
13.4%
Q4 24
1.5%
11.0%
Q3 24
2.5%
25.1%
Q2 24
6.4%
23.3%
Q1 24
5.1%
11.9%
Net Margin
FWRG
FWRG
IDA
IDA
Q4 25
12.1%
Q3 25
0.9%
23.6%
Q2 25
0.7%
21.3%
Q1 25
-0.3%
14.5%
Q4 24
10.1%
Q3 24
0.8%
21.3%
Q2 24
3.4%
20.2%
Q1 24
3.0%
11.5%
EPS (diluted)
FWRG
FWRG
IDA
IDA
Q4 25
$0.24
$0.78
Q3 25
$0.05
$2.26
Q2 25
$0.03
$1.76
Q1 25
$-0.01
$1.10
Q4 24
$0.01
$0.72
Q3 24
$0.03
$2.12
Q2 24
$0.14
$1.71
Q1 24
$0.12
$0.95

Balance Sheet & Financial Strength

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

Metric
FWRG
FWRG
IDA
IDA
Cash + ST InvestmentsLiquidity on hand
$21.2M
$215.7M
Total DebtLower is stronger
$269.1M
$3.3B
Stockholders' EquityBook value
$626.3M
$3.6B
Total Assets
$1.7B
$10.2B
Debt / EquityLower = less leverage
0.43×
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FWRG
FWRG
IDA
IDA
Q4 25
$21.2M
$215.7M
Q3 25
$20.7M
$333.2M
Q2 25
$19.2M
$474.5M
Q1 25
$18.6M
$634.5M
Q4 24
$33.3M
$368.9M
Q3 24
$51.1M
$427.9M
Q2 24
$45.1M
$169.6M
Q1 24
$43.2M
$157.6M
Total Debt
FWRG
FWRG
IDA
IDA
Q4 25
$269.1M
$3.3B
Q3 25
$251.0M
Q2 25
$250.0M
Q1 25
$191.5M
Q4 24
$189.0M
$3.1B
Q3 24
$189.7M
Q2 24
$192.1M
Q1 24
$122.7M
Stockholders' Equity
FWRG
FWRG
IDA
IDA
Q4 25
$626.3M
$3.6B
Q3 25
$607.3M
$3.5B
Q2 25
$601.3M
$3.4B
Q1 25
$596.3M
$3.3B
Q4 24
$595.4M
$3.3B
Q3 24
$589.1M
$3.3B
Q2 24
$585.8M
$3.2B
Q1 24
$574.4M
$2.9B
Total Assets
FWRG
FWRG
IDA
IDA
Q4 25
$1.7B
$10.2B
Q3 25
$1.7B
$10.1B
Q2 25
$1.7B
$9.9B
Q1 25
$1.5B
$9.6B
Q4 24
$1.5B
$9.2B
Q3 24
$1.5B
$9.1B
Q2 24
$1.4B
$8.7B
Q1 24
$1.3B
$8.3B
Debt / Equity
FWRG
FWRG
IDA
IDA
Q4 25
0.43×
0.93×
Q3 25
0.41×
Q2 25
0.42×
Q1 25
0.32×
Q4 24
0.32×
0.92×
Q3 24
0.32×
Q2 24
0.33×
Q1 24
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
FWRG
FWRG
IDA
IDA
Operating Cash FlowLast quarter
$18.5M
$137.8M
Free Cash FlowOCF − Capex
$-18.3M
$-216.2M
FCF MarginFCF / Revenue
-5.8%
-60.0%
Capex IntensityCapex / Revenue
11.6%
98.3%
Cash ConversionOCF / Net Profit
3.16×
TTM Free Cash FlowTrailing 4 quarters
$-31.0M
$-577.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FWRG
FWRG
IDA
IDA
Q4 25
$18.5M
$137.8M
Q3 25
$47.9M
$162.8M
Q2 25
$39.4M
$176.9M
Q1 25
$20.1M
$124.3M
Q4 24
$22.9M
$136.4M
Q3 24
$35.9M
$201.9M
Q2 24
$31.9M
$146.4M
Q1 24
$25.0M
$109.7M
Free Cash Flow
FWRG
FWRG
IDA
IDA
Q4 25
$-18.3M
$-216.2M
Q3 25
$5.5M
$-127.9M
Q2 25
$-1.7M
$-156.4M
Q1 25
$-16.4M
$-77.0M
Q4 24
$-17.7M
$-48.9M
Q3 24
$6.8M
$-16.1M
Q2 24
$2.3M
$-199.6M
Q1 24
$-3.6M
$-150.3M
FCF Margin
FWRG
FWRG
IDA
IDA
Q4 25
-5.8%
-60.0%
Q3 25
1.7%
-24.3%
Q2 25
-0.5%
-34.8%
Q1 25
-5.8%
-18.7%
Q4 24
-6.7%
-13.0%
Q3 24
2.7%
-3.0%
Q2 24
0.9%
-45.1%
Q1 24
-1.5%
-36.0%
Capex Intensity
FWRG
FWRG
IDA
IDA
Q4 25
11.6%
98.3%
Q3 25
13.4%
55.2%
Q2 25
13.4%
74.2%
Q1 25
13.0%
49.0%
Q4 24
15.4%
49.3%
Q3 24
11.6%
41.0%
Q2 24
11.5%
78.2%
Q1 24
11.8%
62.2%
Cash Conversion
FWRG
FWRG
IDA
IDA
Q4 25
3.16×
Q3 25
16.01×
1.31×
Q2 25
18.72×
1.85×
Q1 25
2.08×
Q4 24
3.60×
Q3 24
16.98×
1.78×
Q2 24
3.59×
1.63×
Q1 24
3.46×
2.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

IDA
IDA

Retailrevenues$323.0M90%
Transmissionserviceswheeling$18.6M5%
Energyefficiencyprogramrevenues$11.7M3%
Wholesaleenergysales$10.5M3%
Otherrevenues$9.5M3%

Related Comparisons