First Watch Restaurant (FWRG) Common Equity (2020 - 2026)
First Watch Restaurant's (FWRG) quarterly Common Equity came in at $627.7 million in Q1 2026, up 5.26% year-on-year from $596.3 million in Q1 2025, and little changed quarter-over-quarter from $626.3 million in Q4 2025.
First Watch Restaurant (FWRG) Common Equity (2020 - 2026) Analysis & Trends
First Watch Restaurant's Common Equity history runs 7 years deep, the most recent figure standing at $627.7 million for Q1 2026.
- On a quarterly basis, Common Equity rose 5.26% year-over-year to $627.7 million in Q1 2026; TTM through Mar 2026 was $627.7 million, a 5.26% increase from a year earlier, with the FY2025 full-year figure at $626.3 million, up 5.19% from the prior year.
- Common Equity held at $627.7 million in Q1 2026 per FWRG's latest filing, from $626.3 million in the prior quarter.
- Across five years, Common Equity topped out at $627.7 million in Q1 2026 and bottomed at $511.4 million in Q1 2022.
- The 5-year median for Common Equity is $574.4 million (2024), against an average of $569.1 million.
- Across the five-year window, Common Equity surged 60.5% in 2022 and rose 2.65% in 2025, its largest moves.
- Year by year, Common Equity stood at $523.1 million in 2022, then grew by 7.29% to $561.3 million in 2023, then increased by 6.08% to $595.4 million in 2024, then rose by 5.19% to $626.3 million in 2025, then rose by 0.22% to $627.7 million in 2026.
- Per Business Quant, the three latest FWRG Common Equity figures stand at $627.7 million (Q1 2026), $626.3 million (Q4 2025), and $607.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | -8.46 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 2.41 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | -7.28 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 3.74 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 2.21 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 5.43 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 1.54 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 331,000.00 |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 920.53 Mn |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn | 627.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 627.66 Mn |
| Dec 28, 2025 | 626.28 Mn |
| Sep 28, 2025 | 607.31 Mn |
| Jun 29, 2025 | 601.31 Mn |
| Mar 30, 2025 | 596.29 Mn |
| Dec 29, 2024 | 595.39 Mn |
| Sep 29, 2024 | 589.13 Mn |
| Jun 30, 2024 | 585.78 Mn |
| Mar 31, 2024 | 574.44 Mn |
| Dec 31, 2023 | 561.28 Mn |
| Sep 24, 2023 | 557.09 Mn |
| Jun 25, 2023 | 545.84 Mn |
| Mar 26, 2023 | 534.56 Mn |
| Dec 25, 2022 | 523.14 Mn |
| Sep 25, 2022 | 520.27 Mn |
| Jun 26, 2022 | 517.12 Mn |
| Mar 27, 2022 | 511.36 Mn |
| Dec 26, 2021 | 504.43 Mn |
| Sep 26, 2021 | 324.16 Mn |
| Jun 27, 2021 | 322.95 Mn |