First Watch Restaurant (FWRG) Non-Current Deferred Tax Liability (2020 - 2026)
First Watch Restaurant's Non-Current Deferred Tax Liability was $22.54 million in Q3 2026, down 33.3% from $33.79 million a year earlier but up 6.1% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Non-Current Deferred Tax Liability (2020 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Deferred Tax Liability at First Watch Restaurant came in at $21.97 million, down 31.8% from FY2024.
- Non-Current Deferred Tax Liability shows a five-year compound annual growth rate of 16.3% (FY2020 to FY2025).
- In earlier years, Non-Current Deferred Tax Liability was $32.22 million in FY2024 (+27.2%), $25.33 million in FY2023 (+47.6%), $17.17 million in FY2022 (+37.4%) and $12.49 million in FY2021 (+21.1%).
- Quarterly Non-Current Deferred Tax Liability has moved between $12.49 million (Q4 2021) and $33.79 million (Q3 2025) over five years.
- Compared with a year earlier, Non-Current Deferred Tax Liability has declined for four straight quarters, with an average decline of 11.2% over the last eight quarters.
- The best year-over-year quarter for Non-Current Deferred Tax Liability over five years was Q4 2023 (growth of 47.6%); the worst was Q3 2026 (a decline of 33.3%).
- Per Business Quant data, FWRG's Non-Current Deferred Tax Liability in the three quarters before Q3 2026 was $21.26 million (Q2 2026), $20.78 million (Q1 2026) and $21.97 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn |
| 10 | First Watch Restaurant | 829.60 Mn | 743.24 Mn | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 22.54 Mn |
| Jun 28, 2026 | 21.26 Mn |
| Mar 29, 2026 | 20.78 Mn |
| Dec 28, 2025 | 21.97 Mn |
| Sep 28, 2025 | 33.79 Mn |
| Jun 29, 2025 | 31.50 Mn |
| Mar 30, 2025 | 30.80 Mn |
| Dec 29, 2024 | 32.22 Mn |
| Sep 29, 2024 | 32.22 Mn |
| Jun 30, 2024 | 32.22 Mn |
| Mar 31, 2024 | 27.90 Mn |
| Dec 31, 2023 | 25.33 Mn |
| Sep 24, 2023 | 24.00 Mn |
| Jun 25, 2023 | 23.04 Mn |
| Mar 26, 2023 | 21.40 Mn |
| Dec 25, 2022 | 17.17 Mn |
| Sep 25, 2022 | 16.84 Mn |
| Jun 26, 2022 | 15.66 Mn |
| Mar 27, 2022 | 14.54 Mn |
| Dec 26, 2021 | 12.49 Mn |
API Access
First Watch Restaurant Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();