Growth Metrics

First Watch Restaurant (FWRG) Construction in Progress (2021 - 2023)

First Watch Restaurant's 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 has reported Construction in Progress for 3 years, with the latest figure at $17.5 million in Q4 2023.

  • For the quarter ending Q4 2023, Construction in Progress rose 66.7% year-over-year to $17.5 million; the trailing twelve-month figure through Dec 2023 stood at $17.5 million (up 66.7% YoY), and the FY2023 full-year result was $17.5 million, up 66.7% from the prior year.
  • Construction in Progress for Q4 2023 stood at $17.5 million, up from $10.5 million in the prior quarter.
  • The five-year high for Construction in Progress was $17.5 million in Q4 2023, with the low at $8.6 million in Q4 2021.
  • Average Construction in Progress over 3 years is $12.2 million, with a median of $10.5 million recorded in 2022.
  • Year-over-year, Construction in Progress rose 21.31% in 2022 and surged 66.7% in 2023.
  • Tracing FWRG's Construction in Progress over 3 years: stood at $8.6 million in 2021, then grew by 21.31% to $10.5 million in 2022, then surged by 66.7% to $17.5 million in 2023.
  • The last three Construction in Progress figures came in at $17.5 million (Q4 2023), $10.5 million (Q4 2022), and $8.6 million (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn -
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn -
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn -
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn -
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn 28.85 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn -
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn -

Historic Data

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DateValue
Dec 31, 2023 17.47 Mn
Dec 25, 2022 10.48 Mn
Dec 26, 2021 8.64 Mn