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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 - 2025)

Historic FCF Margin for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to 1.73%.

  • First Watch Restaurant's FCF Margin fell 9700.0% to 1.73% in Q3 2025 from the same period last year, while for Sep 2025 it was 2.6%, marking a year-over-year decrease of 22000.0%. This contributed to the annual value of 1.21% for FY2024, which is 24200.0% down from last year.
  • First Watch Restaurant's FCF Margin amounted to 1.73% in Q3 2025, which was down 9700.0% from 0.55% recorded in Q2 2025.
  • In the past 5 years, First Watch Restaurant's FCF Margin registered a high of 10.36% during Q2 2021, and its lowest value of 6.74% during Q4 2024.
  • Its 5-year average for FCF Margin is 0.71%, with a median of 0.51% in 2022.
  • Per our database at Business Quant, First Watch Restaurant's FCF Margin skyrocketed by 87500bps in 2021 and then plummeted by -80300bps in 2024.
  • First Watch Restaurant's FCF Margin (Quarter) stood at 6.43% in 2021, then tumbled by -108bps to 0.51% in 2022, then plummeted by -664bps to 3.87% in 2023, then crashed by -74bps to 6.74% in 2024, then skyrocketed by 126bps to 1.73% in 2025.
  • Its FCF Margin stands at 1.73% for Q3 2025, versus 0.55% for Q2 2025 and 5.82% for Q1 2025.