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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) EBT Margin (2020 - 2025)

First Watch Restaurant (FWRG) has 6 years of EBT Margin data on record, last reported at 1.4% in Q4 2025.

  • For Q4 2025, EBT Margin rose 112.0% year-over-year to 1.4%; the TTM value through Dec 2025 reached 0.99%, down 177.0%, while the annual FY2025 figure was 0.99%, 177.0% down from the prior year.
  • EBT Margin reached 1.4% in Q4 2025 per FWRG's latest filing, down from 1.8% in the prior quarter.
  • Across five years, EBT Margin topped out at 6.58% in Q1 2023 and bottomed at 2.96% in Q4 2021.
  • Average EBT Margin over 5 years is 1.93%, with a median of 1.6% recorded in 2025.
  • Peak YoY movement for EBT Margin: skyrocketed 1528bps in 2021, then crashed -467bps in 2025.
  • A 5-year view of EBT Margin shows it stood at 2.96% in 2021, then soared by 105bps to 0.14% in 2022, then surged by 1533bps to 2.25% in 2023, then tumbled by -88bps to 0.28% in 2024, then surged by 398bps to 1.4% in 2025.
  • Per Business Quant database, its latest 3 readings for EBT Margin were 1.4% in Q4 2025, 1.8% in Q3 2025, and 1.16% in Q2 2025.