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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |