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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) Return on Capital Employed (2021 - 2025)

First Watch Restaurant has reported Return on Capital Employed over the past 5 years, most recently at 0.02% for Q4 2025.

  • Quarterly results put Return on Capital Employed at 0.02% for Q4 2025, down 1.0% from a year ago — trailing twelve months through Dec 2025 was 0.02% (down 1.0% YoY), and the annual figure for FY2025 was 0.02%, down 1.0%.
  • Return on Capital Employed for Q4 2025 was 0.02% at First Watch Restaurant, up from 0.01% in the prior quarter.
  • Over the last five years, Return on Capital Employed for FWRG hit a ceiling of 0.04% in Q4 2023 and a floor of 0.01% in Q2 2025.
  • Median Return on Capital Employed over the past 5 years was 0.02% (2023), compared with a mean of 0.02%.
  • Biggest five-year swings in Return on Capital Employed: rose 2bps in 2023 and later decreased -2bps in 2025.
  • First Watch Restaurant's Return on Capital Employed stood at 0.02% in 2021, then decreased by -28bps to 0.02% in 2022, then skyrocketed by 117bps to 0.04% in 2023, then dropped by -22bps to 0.03% in 2024, then tumbled by -38bps to 0.02% in 2025.
  • The last three reported values for Return on Capital Employed were 0.02% (Q4 2025), 0.01% (Q3 2025), and 0.01% (Q2 2025) per Business Quant data.