First Watch Restaurant (FWRG) Long-Term Debt Issuances (2021 - 2026)
First Watch Restaurant's Long-Term Debt Issuances came in at $211.5 million for Q2 2026, up 74.8% from $121 million a year earlier and up 21.2% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Long-Term Debt Issuances (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, First Watch Restaurant reported Long-Term Debt Issuances of $702.5 million, up 453.1% year-over-year; for FY2025, it was $443.5 million, up 124.6% from FY2024.
- Long-Term Debt Issuances carries a five-year compound annual growth rate of 52.0% (FY2020 to FY2025).
- Going back by year, Long-Term Debt Issuances was $197.5 million in FY2024 (+558.3%), $30 million in FY2023 and $100 million in FY2021 (+83.2%).
- The Q2 2026 figure represents the highest quarterly Long-Term Debt Issuances in data going back to Q4 2021.
- Business Quant data shows FWRG's Long-Term Debt Issuances at $174.5 million (Q1 2026), $182 million (Q4 2025) and $134.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 178.84 Bn | 173.66 Bn | 6.42 Bn | - |
| 2 | Starbucks | 115.91 Bn | 103.53 Bn | - | - |
| 3 | Yum Brands | 42.35 Bn | 39.23 Bn | 1.47 Bn | - |
| 4 | Chipotle Mexican Grill | 35.66 Bn | 31.64 Bn | - | - |
| 5 | Restaurant Brands International | 26.55 Bn | 22.11 Bn | 1.38 Bn | - |
| 6 | Darden Restaurants | 24.69 Bn | 23.79 Bn | 1.68 Bn | - |
| 7 | Restaurant Brands International Limited Partnership | 16.93 Bn | 12.49 Bn | 1.38 Bn | - |
| 8 | Yum China Holdings | 15.53 Bn | 9.19 Bn | 537.00 Mn | - |
| 9 | Texas Roadhouse | 11.32 Bn | 10.66 Bn | - | - |
| 10 | First Watch Restaurant | 708.28 Mn | 622.27 Mn | - | 211.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 211.50 Mn |
| Mar 29, 2026 | 174.50 Mn |
| Dec 28, 2025 | 182.00 Mn |
| Sep 28, 2025 | 134.50 Mn |
| Jun 29, 2025 | 148.50 Mn |
| Mar 30, 2025 | 6.00 Mn |
| Jun 30, 2024 | 97.50 Mn |
| Mar 31, 2024 | 122.50 Mn |
| Dec 31, 2023 | 30.00 Mn |
| Dec 26, 2021 | 100.00 Mn |
API Access
First Watch Restaurant Long-Term Debt Issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "FWRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();