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| Date | Value |
|---|---|
| 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 |