Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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) Operating Margin (2020 - 2025)

Historic Operating Margin for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to 3.18%.

  • First Watch Restaurant's Operating Margin rose 6700.0% to 3.18% in Q3 2025 from the same period last year, while for Sep 2025 it was 1.91%, marking a year-over-year decrease of 22900.0%. This contributed to the annual value of 3.83% for FY2024, which is 8000.0% down from last year.
  • According to the latest figures from Q3 2025, First Watch Restaurant's Operating Margin is 3.18%, which was up 6700.0% from 2.38% recorded in Q2 2025.
  • Over the past 5 years, First Watch Restaurant's Operating Margin peaked at 8.0% during Q2 2021, and registered a low of 0.66% during Q4 2021.
  • In the last 5 years, First Watch Restaurant's Operating Margin had a median value of 3.02% in 2021 and averaged 3.4%.
  • Its Operating Margin has fluctuated over the past 5 years, first surged by 131800bps in 2021, then plummeted by -52600bps in 2022.
  • Over the past 5 years, First Watch Restaurant's Operating Margin (Quarter) stood at 0.66% in 2021, then surged by 221bps to 0.8% in 2022, then surged by 252bps to 2.8% in 2023, then crashed by -48bps to 1.47% in 2024, then surged by 117bps to 3.18% in 2025.
  • Its last three reported values are 3.18% in Q3 2025, 2.38% for Q2 2025, and 0.39% during Q1 2025.