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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Watch Restaurant (FWRG) EBITDA Margin (2020 - 2025)

First Watch Restaurant (FWRG) has 6 years of EBITDA Margin data on record, last reported at 2.86% in Q4 2025.

  • For Q4 2025, EBITDA Margin rose 181.0% year-over-year to 2.86%; the TTM value through Dec 2025 reached 1.03%, down 85.0%, while the annual FY2025 figure was 7.69%, 580.0% up from the prior year.
  • EBITDA Margin reached 2.86% in Q4 2025 per FWRG's latest filing, up from 0.97% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 4.43% in Q1 2023 and bottomed at 1.61% in Q1 2021.
  • Average EBITDA Margin over 5 years is 1.58%, with a median of 1.25% recorded in 2024.
  • Peak YoY movement for EBITDA Margin: skyrocketed 1167bps in 2021, then crashed -389bps in 2025.
  • A 5-year view of EBITDA Margin shows it stood at 0.66% in 2021, then soared by 667bps to 3.72% in 2022, then tumbled by -87bps to 0.47% in 2023, then surged by 120bps to 1.04% in 2024, then soared by 174bps to 2.86% in 2025.
  • Per Business Quant database, its latest 3 readings for EBITDA Margin were 2.86% in Q4 2025, 0.97% in Q3 2025, and 0.65% in Q2 2025.