Growth Metrics

First Watch Restaurant (FWRG) Equity Average (2020 - 2026)

First Watch Restaurant's quarterly Equity Average came in at $627.0 million in Q1 2026, up 5.22% year-on-year from $595.8 million in Q1 2025, and up 1.65% quarter-over-quarter from $616.8 million in Q4 2025.

First Watch Restaurant has reported Equity Average for 7 years, with the latest figure at $627.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Equity Average rose 5.22% year-over-year to $627.0 million; the trailing twelve-month figure through Mar 2026 stood at $627.0 million (up 5.22% YoY), and the FY2025 full-year result was $610.8 million, up 5.62% from the prior year.
  • Equity Average for Q1 2026 stood at $627.0 million, up from $616.8 million in the prior quarter.
  • The five-year high for Equity Average was $627.0 million in Q1 2026, with the low at $507.9 million in Q1 2022.
  • Average Equity Average over 5 years is $565.4 million, with a median of $567.9 million recorded in 2024.
  • Year-over-year, Equity Average surged 60.31% in 2022 and increased 2.87% in 2025.
  • Tracing FWRG's Equity Average over 5 years: stood at $521.7 million in 2022, then climbed by 7.19% to $559.2 million in 2023, then climbed by 5.91% to $592.3 million in 2024, then gained by 4.14% to $616.8 million in 2025, then gained by 1.65% to $627.0 million in 2026.
  • The last three Equity Average figures came in at $627.0 million (Q1 2026), $616.8 million (Q4 2025), and $604.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -8.42 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -7.30 Bn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 2.62 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 5.23 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 2.09 Bn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn 5.77 Bn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -3.90 Bn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 774.34 Mn
10 First Watch Restaurant 680.42 Mn 656.85 Mn 256.65 Mn 626.97 Mn

Historic Data

Download Data 🔒
DateValue
Mar 29, 2026 626.97 Mn
Dec 28, 2025 616.80 Mn
Sep 28, 2025 604.31 Mn
Jun 29, 2025 598.80 Mn
Mar 30, 2025 595.84 Mn
Dec 29, 2024 592.26 Mn
Sep 29, 2024 587.46 Mn
Jun 30, 2024 580.11 Mn
Mar 31, 2024 567.86 Mn
Dec 31, 2023 559.19 Mn
Sep 24, 2023 551.46 Mn
Jun 25, 2023 540.20 Mn
Mar 26, 2023 528.85 Mn
Dec 25, 2022 521.70 Mn
Sep 25, 2022 518.70 Mn
Jun 26, 2022 514.24 Mn
Mar 27, 2022 507.90 Mn
Dec 26, 2021 414.29 Mn
Sep 26, 2021 323.55 Mn
Jun 27, 2021 320.95 Mn
Mar 28, 2021 319.91 Mn
Dec 27, 2020 324.34 Mn