First Watch Restaurant (FWRG) Debt Ratio (2020 - 2026)

First Watch Restaurant has reported Debt Ratio for 7 years, with the latest figure at 0.15 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio rose 22.21% year-over-year to 0.15; the trailing twelve-month figure through Mar 2026 stood at 0.15 (up 22.21% YoY), and the FY2025 full-year result was 0.15, up 24.08% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.15, down from 0.15 in the prior quarter.
• The five-year high for Debt Ratio was 0.15 in Q4 2025, with the low at 0.08 in Q3 2023.
• Average Debt Ratio over 5 years is 0.11, with a median of 0.1 recorded in 2024.
• Year-over-year, Debt Ratio sank 68.63% in 2022 and surged 69.68% in 2024.
• Tracing FWRG's Debt Ratio over 5 years: stood at 0.09 in 2022, then gained by 10.28% to 0.09 in 2023, then jumped by 32.14% to 0.12 in 2024, then advanced by 24.08% to 0.15 in 2025, then retreated by 2.06% to 0.15 in 2026.
• The last three Debt Ratio figures came in at 0.15 (Q1 2026), 0.15 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.

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