Growth Metrics

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

First Watch Restaurant's quarterly Asset Utilization Ratio came in at 0.72 in Q1 2026, up 4.74% year-on-year from 0.69 in Q1 2025, and up 2.39% quarter-over-quarter from 0.71 in Q4 2025.

First Watch Restaurant has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.72 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 4.74% year-over-year to 0.72; the trailing twelve-month figure through Mar 2026 stood at 0.72 (up 4.74% YoY), and the FY2025 full-year result 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.
  • Average Asset Utilization Ratio over 5 years is 0.69, with a median of 0.69 recorded in 2025.
  • Year-over-year, Asset Utilization Ratio increased 15.41% in 2022 and fell 6.05% in 2024.
  • Tracing FWRG's Asset Utilization Ratio over 5 years: stood at 0.67 in 2022, then advanced by 8.38% to 0.72 in 2023, then slipped by 6.05% to 0.68 in 2024, then climbed by 4.25% to 0.71 in 2025, then grew by 2.39% to 0.72 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.72 (Q1 2026), 0.71 (Q4 2025), and 0.69 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 1.23
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn 1.03
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 1.36
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 0.38
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 0.99
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 1.12
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.70
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 2.80
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 0.88
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn 0.72

Historic Data

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DateValue
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