First Watch Restaurant (FWRG) Interest Coverage Ratio (2020 - 2026)

First Watch Restaurant's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 0.06 for Q1 2026.

• On a quarterly basis, Interest Coverage Ratio fell 16.53% year-over-year to 0.06 in Q1 2026; TTM through Mar 2026 was 0.47, a 52.12% decrease from a year earlier, with the FY2025 full-year figure at 0.46, down 32.12% from the prior year.
• Interest Coverage Ratio eased to 0.06 in Q1 2026 per FWRG's latest filing, from 0.48 in the prior quarter.
• Across five years, Interest Coverage Ratio topped out at 4.86 in Q2 2024 and bottomed at 0.03 in Q2 2023.
• The 5-year median for Interest Coverage Ratio is 0.73 (2022), against an average of 1.16.
• Across the five-year window, Interest Coverage Ratio plunged 99.26% in 2023 and jumped 14525.05% in 2024, its largest moves.
• Year by year, Interest Coverage Ratio stood at 0.85 in 2022, then sank by 80.88% to 0.16 in 2023, then surged by 390.77% to 0.8 in 2024, then sank by 40.5% to 0.48 in 2025, then tumbled by 88.06% to 0.06 in 2026.
• Per Business Quant, the three latest FWRG Interest Coverage Ratio figures stand at 0.06 (Q1 2026), 0.48 (Q4 2025), and 0.47 (Q3 2025).