Growth Metrics

First Watch Restaurant (FWRG) Invested Capital (2020 - 2025)

First Watch Restaurant (FWRG) has 6 years of Invested Capital data on record, last reported at $900000.0 in Q4 2025.

  • For Q4 2025, Invested Capital fell 99.89% year-over-year to $900000.0; the TTM value through Sep 2025 reached $871.4 million, up 10.78%, while the annual FY2025 figure was $900000.0, 99.89% down from the prior year.
  • Invested Capital reached $900000.0 in Q4 2025 per FWRG's latest filing, down from $871.4 million in the prior quarter.
  • Across five years, Invested Capital topped out at $871.4 million in Q3 2025 and bottomed at $900000.0 in Q4 2025.
  • Average Invested Capital over 5 years is $564.2 million, with a median of $593.7 million recorded in 2024.
  • Peak YoY movement for Invested Capital: surged 60.33% in 2022, then crashed 99.89% in 2025.
  • A 5-year view of Invested Capital shows it stood at $607.4 million in 2021, then increased by 2.75% to $624.1 million in 2022, then grew by 10.03% to $686.7 million in 2023, then grew by 15.58% to $793.7 million in 2024, then plummeted by 99.89% to $900000.0 in 2025.
  • Per Business Quant database, its latest 3 readings for Invested Capital were $900000.0 in Q4 2025, $871.4 million in Q3 2025, and $601.6 million in Q2 2025.