Growth Metrics

First Watch Restaurant (FWRG) Return on Equity (2021 - 2025)

First Watch Restaurant has reported Return on Equity over the past 5 years, most recently at 0.03% for Q4 2025.

  • Quarterly results put Return on Equity at 0.03% for Q4 2025, changed 0.0% from a year ago — trailing twelve months through Dec 2025 was 0.03% (changed 0.0% YoY), and the annual figure for FY2025 was 0.03%, changed 0.0%.
  • Return on Equity for Q4 2025 was 0.03% at First Watch Restaurant, up from 0.01% in the prior quarter.
  • Over the last five years, Return on Equity for FWRG hit a ceiling of 0.05% in Q4 2023 and a floor of 0.05% in Q2 2021.
  • Median Return on Equity over the past 5 years was 0.02% (2025), compared with a mean of 0.02%.
  • Biggest five-year swings in Return on Equity: increased 6bps in 2022 and later decreased -3bps in 2025.
  • First Watch Restaurant's Return on Equity stood at 0.01% in 2021, then skyrocketed by 360bps to 0.01% in 2022, then surged by 243bps to 0.05% in 2023, then dropped by -30bps to 0.03% in 2024, then decreased by -1bps to 0.03% in 2025.
  • The last three reported values for Return on Equity were 0.03% (Q4 2025), 0.01% (Q3 2025), and 0.01% (Q2 2025) per Business Quant data.