First Watch Restaurant (FWRG) Property, Plant & Equipment (Net) (2020 - 2026)
First Watch Restaurant (FWRG) posted Property, Plant & Equipment (Net) of $515.42 million for Q2 2026, up 18.7% from $434.18 million a year earlier and up 4.5% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Property, Plant & Equipment (Net) (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant's Property, Plant & Equipment (Net) came in at $478.45 million, up 32.4% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for five consecutive years, with a five-year compound annual growth rate of 24.4% (FY2020 to FY2025).
- In prior years, First Watch Restaurant's Property, Plant & Equipment (Net) was $361.39 million in FY2024 (+37.4%), $263.08 million in FY2023 (+34.8%), $195.12 million in FY2022 (+18.5%) and $164.7 million in FY2021 (+2.5%).
- The Q2 2026 figure stands as the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2020.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased in each of the last 16 quarters, with growth averaging 34.2% over the last eight quarters.
- The year-over-year growth in Property, Plant & Equipment (Net) has ranged between 2.5% (Q4 2021) and 47.9% (Q2 2024) over the last five years.
- According to Business Quant data, Property, Plant & Equipment (Net) for the three prior quarters was $493.25 million (Q1 2026), $478.45 million (Q4 2025) and $464.59 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 164.13 Bn | 158.95 Bn | 6.42 Bn | 28.48 Bn |
| 2 | Starbucks | 107.97 Bn | 95.60 Bn | - | 6.99 Bn |
| 3 | Chipotle Mexican Grill | 41.04 Bn | 37.02 Bn | - | 2.87 Bn |
| 4 | Yum Brands | 37.16 Bn | 34.04 Bn | 1.47 Bn | 1.61 Bn |
| 5 | Restaurant Brands International | 24.42 Bn | 21.52 Bn | 1.38 Bn | 2.23 Bn |
| 6 | Darden Restaurants | 22.67 Bn | 21.77 Bn | 1.68 Bn | 5.12 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 2.23 Bn |
| 8 | Yum China Holdings | 13.79 Bn | 8.16 Bn | 537.00 Mn | 2.62 Bn |
| 9 | Texas Roadhouse | 10.24 Bn | 9.60 Bn | - | 1.89 Bn |
| 10 | First Watch Restaurant | 652.30 Mn | 566.29 Mn | - | 515.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 515.42 Mn |
| Mar 29, 2026 | 493.25 Mn |
| Dec 28, 2025 | 478.45 Mn |
| Sep 28, 2025 | 464.59 Mn |
| Jun 29, 2025 | 434.18 Mn |
| Mar 30, 2025 | 383.34 Mn |
| Dec 29, 2024 | 361.39 Mn |
| Sep 29, 2024 | 333.05 Mn |
| Jun 30, 2024 | 313.88 Mn |
| Mar 31, 2024 | 276.97 Mn |
| Dec 31, 2023 | 263.08 Mn |
| Sep 24, 2023 | 237.53 Mn |
| Jun 25, 2023 | 212.18 Mn |
| Mar 26, 2023 | 199.89 Mn |
| Dec 25, 2022 | 195.12 Mn |
| Sep 25, 2022 | 186.58 Mn |
| Jun 26, 2022 | 177.03 Mn |
| Mar 27, 2022 | 167.58 Mn |
| Dec 26, 2021 | 164.70 Mn |
| Sep 26, 2021 | 163.40 Mn |
API Access
First Watch Restaurant Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();