Growth Metrics

First Watch Restaurant (FWRG) Tax Rate (2020 - 2025)

Historic Tax Rate for First Watch Restaurant (FWRG) over the last 6 years, with Q3 2025 value amounting to 47.29%.

  • First Watch Restaurant's Tax Rate rose 77000.0% to 47.29% in Q3 2025 from the same period last year, while for Sep 2025 it was 41.23%, marking a year-over-year increase of 48800.0%. This contributed to the annual value of 32.47% for FY2024, which is 28400.0% up from last year.
  • Per First Watch Restaurant's latest filing, its Tax Rate stood at 47.29% for Q3 2025, which was up 77000.0% from 41.11% recorded in Q2 2025.
  • In the past 5 years, First Watch Restaurant's Tax Rate ranged from a high of 289.84% in Q4 2022 and a low of 3.46% during Q4 2021
  • Over the past 5 years, First Watch Restaurant's median Tax Rate value was 35.41% (recorded in 2024), while the average stood at 47.8%.
  • Its Tax Rate has fluctuated over the past 5 years, first skyrocketed by 2863800bps in 2022, then plummeted by -2379500bps in 2023.
  • Quarter analysis of 5 years shows First Watch Restaurant's Tax Rate stood at 3.46% in 2021, then surged by 8266bps to 289.84% in 2022, then plummeted by -82bps to 51.9% in 2023, then tumbled by -90bps to 5.28% in 2024, then soared by 795bps to 47.29% in 2025.
  • Its last three reported values are 47.29% in Q3 2025, 41.11% for Q2 2025, and 46.06% during Q1 2025.