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
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 |