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

First Watch Restaurant's (FWRG) 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 (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.

  • On a quarterly basis, Asset Utilization Ratio rose 4.74% year-over-year to 0.72 in Q1 2026; TTM through Mar 2026 was 0.72, a 4.74% increase from a year earlier, with the FY2025 full-year figure at 0.75, up 2.78% from the prior year.
  • Asset Utilization Ratio advanced to 0.72 in Q1 2026 per FWRG's latest filing, from 0.71 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.72 in Q1 2024 and bottomed at 0.62 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.69 (2025), against an average of 0.69.
  • Across the five-year window, Asset Utilization Ratio increased 15.41% in 2022 and fell 6.05% in 2024, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.67 in 2022, then gained by 8.38% to 0.72 in 2023, then decreased by 6.05% to 0.68 in 2024, then advanced by 4.25% to 0.71 in 2025, then climbed by 2.39% to 0.72 in 2026.
  • Per Business Quant, the three latest FWRG Asset Utilization Ratio figures stand at 0.72 (Q1 2026), 0.71 (Q4 2025), and 0.69 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Starbucks 118.72 Bn 117.02 Bn 6.32 Bn 1.23
2 Chipotle Mexican Grill 43.13 Bn 42.26 Bn 2.61 Bn 1.36
3 Yum Brands 41.16 Bn 40.47 Bn 1.38 Bn 1.03
4 Restaurant Brands International 25.75 Bn 24.73 Bn 2.14 Bn 0.38
5 Darden Restaurants 23.48 Bn 23.26 Bn 3.68 Bn 1.03
6 Yum China Holdings 15.73 Bn 14.30 Bn 2.31 Bn 1.12
7 Texas Roadhouse 13.23 Bn 13.01 Bn 1.40 Bn 1.70
8 Dominos Pizza 11.43 Bn 11.29 Bn 478.23 Mn 2.79
9 Brinker International 8.45 Bn 8.39 Bn 1.10 Bn 2.08
10 First Watch Restaurant 778.40 Mn 754.84 Mn 279.06 Mn 0.72

Historic Data

Download Data
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