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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) FCF Margin (2020 - 2026)

First Watch Restaurant has reported FCF Margin over the past 7 years, most recently at 1.54% for Q1 2026.

  • For Q1 2026, FCF Margin rose 736.0% year-over-year to 1.54%; the TTM value through Mar 2026 reached 0.75%, up 163.0%, while the annual FY2025 figure was 2.54%, 133.0% down from the prior year.
  • FCF Margin for Q1 2026 was 1.54% at First Watch Restaurant, up from 5.8% in the prior quarter.
  • Over five years, FCF Margin peaked at 9.67% in Q1 2023 and troughed at 6.73% in Q4 2024.
  • A 5-year average of 0.41% and a median of 0.55% in 2025 define the central range for FCF Margin.
  • Biggest five-year swings in FCF Margin: skyrocketed 1161bps in 2023 and later plummeted -1115bps in 2024.
  • Year by year, FCF Margin stood at 0.51% in 2022, then plummeted by -567bps to 3.38% in 2023, then crashed by -99bps to 6.73% in 2024, then increased by 14bps to 5.8% in 2025, then surged by 127bps to 1.54% in 2026.
  • Business Quant data shows FCF Margin for FWRG at 1.54% in Q1 2026, 5.8% in Q4 2025, and 1.73% in Q3 2025.