First Watch Restaurant (FWRG) Construction in Progress (2021 - 2023)
First Watch Restaurant's (FWRG) quarterly Construction in Progress came in at $17.5 million in Q4 2023, up 66.7% year-on-year from $10.5 million in Q4 2022, and up 66.7% quarter-over-quarter from $10.5 million in Q4 2022.
First Watch Restaurant (FWRG) Construction in Progress (2021 - 2023) Analysis & Trends
First Watch Restaurant's Construction in Progress history runs 3 years deep, the most recent figure standing at $17.5 million for Q4 2023.
- On a quarterly basis, Construction in Progress rose 66.7% year-over-year to $17.5 million in Q4 2023; TTM through Dec 2023 was $17.5 million, a 66.7% increase from a year earlier, with the FY2023 full-year figure at $17.5 million, up 66.7% from the prior year.
- Construction in Progress improved to $17.5 million in Q4 2023 per FWRG's latest filing, from $10.5 million in the prior quarter.
- Across five years, Construction in Progress topped out at $17.5 million in Q4 2023 and bottomed at $8.6 million in Q4 2021.
- The 3-year median for Construction in Progress is $10.5 million (2022), against an average of $12.2 million.
- Across the five-year window, Construction in Progress rose 21.31% in 2022 and surged 66.7% in 2023, its largest moves.
- Year by year, Construction in Progress stood at $8.6 million in 2021, then climbed by 21.31% to $10.5 million in 2022, then jumped by 66.7% to $17.5 million in 2023.
- Per Business Quant, the three latest FWRG Construction in Progress figures stand at $17.5 million (Q4 2023), $10.5 million (Q4 2022), and $8.6 million (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | - |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | - |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | - |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | - |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | - |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 31.74 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | - |
| 10 | First Watch Restaurant | 737.04 Mn | 713.47 Mn | 279.06 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 17.47 Mn |
| Dec 25, 2022 | 10.48 Mn |
| Dec 26, 2021 | 8.64 Mn |