Growth Metrics

First Watch Restaurant (FWRG) Debt Ratio (2020 - 2025)

Historic Debt Ratio for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to 0.15.

  • First Watch Restaurant's Debt Ratio rose 1427.82% to 0.15 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.15, marking a year-over-year increase of 1427.82%. This contributed to the annual value of 0.12 for FY2024, which is 3213.83% up from last year.
  • Latest data reveals that First Watch Restaurant reported Debt Ratio of 0.15 as of Q3 2025, which was up 1427.82% from 0.15 recorded in Q2 2025.
  • Over the past 5 years, First Watch Restaurant's Debt Ratio peaked at 0.28 during Q3 2021, and registered a low of 0.08 during Q3 2023.
  • In the last 5 years, First Watch Restaurant's Debt Ratio had a median value of 0.1 in 2021 and averaged 0.12.
  • Per our database at Business Quant, First Watch Restaurant's Debt Ratio plummeted by 6863.36% in 2022 and then skyrocketed by 6967.87% in 2024.
  • Over the past 5 years, First Watch Restaurant's Debt Ratio (Quarter) stood at 0.1 in 2021, then decreased by 10.04% to 0.09 in 2022, then rose by 10.28% to 0.09 in 2023, then skyrocketed by 32.14% to 0.12 in 2024, then grew by 17.09% to 0.15 in 2025.
  • Its Debt Ratio was 0.15 in Q3 2025, compared to 0.15 in Q2 2025 and 0.12 in Q1 2025.