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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 Invested Capital (2022 - 2025)

Historic Return on Invested Capital for First Watch Restaurant (FWRG) over the last 5 years, with Q3 2025 value amounting to 0.02%.

  • First Watch Restaurant's Return on Invested Capital fell 200.0% to 0.02% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.02%, marking a year-over-year decrease of 200.0%. This contributed to the annual value of 0.04% for FY2024, which is 100.0% down from last year.
  • As of Q3 2025, First Watch Restaurant's Return on Invested Capital stood at 0.02%, which was down 200.0% from 0.01% recorded in Q2 2025.
  • Over the past 5 years, First Watch Restaurant's Return on Invested Capital peaked at 0.04% during Q4 2023, and registered a low of 0.21% during Q4 2021.
  • In the last 5 years, First Watch Restaurant's Return on Invested Capital had a median value of 0.02% in 2025 and averaged 0.01%.
  • Per our database at Business Quant, First Watch Restaurant's Return on Invested Capital skyrocketed by 2200bps in 2022 and then crashed by -200bps in 2025.
  • First Watch Restaurant's Return on Invested Capital (Quarter) stood at 0.21% in 2021, then soared by 108bps to 0.02% in 2022, then skyrocketed by 167bps to 0.04% in 2023, then fell by -23bps to 0.03% in 2024, then crashed by -54bps to 0.02% in 2025.
  • Its last three reported values are 0.02% in Q3 2025, 0.01% for Q2 2025, and 0.02% during Q1 2025.