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