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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) Net Margin (2020 - 2025)

Historic Net Margin for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to 0.95%.

  • First Watch Restaurant's Net Margin rose 1100.0% to 0.95% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.42%, marking a year-over-year decrease of 16700.0%. This contributed to the annual value of 1.86% for FY2024, which is 9800.0% down from last year.
  • First Watch Restaurant's Net Margin amounted to 0.95% in Q3 2025, which was up 1100.0% from 0.68% recorded in Q2 2025.
  • Over the past 5 years, First Watch Restaurant's Net Margin peaked at 4.43% during Q1 2023, and registered a low of 2.86% during Q4 2021.
  • In the last 5 years, First Watch Restaurant's Net Margin had a median value of 0.95% in 2025 and averaged 1.21%.
  • Per our database at Business Quant, First Watch Restaurant's Net Margin skyrocketed by 116700bps in 2021 and then tumbled by -32700bps in 2025.
  • Quarter analysis of 5 years shows First Watch Restaurant's Net Margin stood at 2.86% in 2021, then surged by 91bps to 0.26% in 2022, then skyrocketed by 514bps to 1.08% in 2023, then plummeted by -75bps to 0.27% in 2024, then surged by 256bps to 0.95% in 2025.
  • Its last three reported values are 0.95% in Q3 2025, 0.68% for Q2 2025, and 0.29% during Q1 2025.