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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)

Historic EBT Margin for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to 1.8%.

  • First Watch Restaurant's EBT Margin rose 4100.0% to 1.8% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.72%, marking a year-over-year decrease of 25700.0%. This contributed to the annual value of 2.76% for FY2024, which is 12900.0% down from last year.
  • Per First Watch Restaurant's latest filing, its EBT Margin stood at 1.8% for Q3 2025, which was up 4100.0% from 1.16% recorded in Q2 2025.
  • First Watch Restaurant's EBT Margin's 5-year high stood at 6.58% during Q1 2023, with a 5-year trough of 2.96% in Q4 2021.
  • For the 5-year period, First Watch Restaurant's EBT Margin averaged around 1.96%, with its median value being 1.8% (2025).
  • As far as peak fluctuations go, First Watch Restaurant's EBT Margin surged by 152800bps in 2021, and later plummeted by -46700bps in 2025.
  • Quarter analysis of 5 years shows First Watch Restaurant's EBT Margin 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 plummeted by -88bps to 0.28% in 2024, then soared by 541bps to 1.8% in 2025.
  • Its EBT Margin stands at 1.8% for Q3 2025, versus 1.16% for Q2 2025 and 0.54% for Q1 2025.