First Watch Restaurant FWRG
NASDAQ FWRG
$12.05 +0.35 (+2.99%)
As of: Sep 4, 2026 · 3:59 PM EDT

First Watch Restaurant (FWRG) Asset Utilization Ratio (2021 - 2026)

First Watch Restaurant (FWRG) posted quarterly Asset Utilization Ratio of 0.72 for Q1 2026, up 4.74% year-over-year from 0.69 in Q1 2025, and up 2.39% quarter-over-quarter from 0.71 in Q4 2025.

Analysis

First Watch Restaurant (FWRG) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

First Watch Restaurant's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.72 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 4.74% year-over-year to 0.72; the TTM figure through Mar 2026 stood at 0.72 (up 4.74% YoY), while the FY2025 annual figure was 0.75, up 2.78% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.72, up from 0.71 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.72 in Q1 2024, with the low at 0.62 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.69 (2025), against an average of 0.69.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio advanced 15.41% in 2022, then slipped 6.05% in 2024.
  • First Watch Restaurant's Asset Utilization Ratio stood at 0.67 in 2022, then rose by 8.38% to 0.72 in 2023, then retreated by 6.05% to 0.68 in 2024, then gained by 4.25% to 0.71 in 2025, then advanced by 2.39% to 0.72 in 2026.
  • Business Quant data shows FWRG's Asset Utilization Ratio at 0.72 in Q1 2026, 0.71 in Q4 2025, and 0.69 in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Mcdonalds 181.46 Bn 180.64 Bn 6.42 Bn 0.46
2 Starbucks 119.15 Bn 115.53 Bn 6.49 Bn 1.30
3 Chipotle Mexican Grill 47.22 Bn 46.55 Bn 2.35 Bn 1.41
4 Yum Brands 41.34 Bn 40.66 Bn 1.47 Bn 1.03
5 Restaurant Brands International 27.92 Bn 26.86 Bn 1.89 Bn 0.39
6 Darden Restaurants 25.01 Bn 24.79 Bn 3.68 Bn 1.03
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 0.39
8 Yum China Holdings 15.19 Bn 13.80 Bn 2.22 Bn 1.15
9 Texas Roadhouse 12.42 Bn 12.22 Bn 1.44 Bn 1.72
10 First Watch Restaurant 743.74 Mn 723.25 Mn 272.08 Mn 0.73
Historic Data

Historic Data

Download Data
DateValue
Jun 28, 2026 0.73
Mar 29, 2026 0.72
Dec 28, 2025 0.71
Sep 28, 2025 0.69
Jun 29, 2025 0.69
Mar 30, 2025 0.69
Dec 29, 2024 0.68
Sep 29, 2024 0.68
Jun 30, 2024 0.71
Mar 31, 2024 0.72
Dec 31, 2023 0.72
Sep 24, 2023 0.70
Jun 25, 2023 0.70
Mar 26, 2023 0.69
Dec 25, 2022 0.67
Sep 25, 2022 0.65
Jun 26, 2022 0.64
Mar 27, 2022 0.62
Dec 26, 2021 0.58