First Watch Restaurant (FWRG) Times Interest Earned (2020 - 2026)
First Watch Restaurant's quarterly Times Interest Earned came in at $0.21 in Q1 2026, down 37.37% year-on-year from $0.33 in Q1 2025, and down 88.9% quarter-over-quarter from $1.88 in Q4 2025.
First Watch Restaurant has reported Times Interest Earned for 7 years, with the latest figure at $0.21 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned fell 37.37% year-over-year to $0.21; the trailing twelve-month figure through Mar 2026 stood at $1.51 (down 27.18% YoY), and the FY2025 full-year result was $1.65, down 46.48% from the prior year.
- Times Interest Earned for Q1 2026 stood at $0.21, down from $1.88 in the prior quarter.
- The five-year high for Times Interest Earned was $8.04 in Q1 2023, with the low at $0.21 in Q1 2026.
- Average Times Interest Earned over 5 years is $3.23, with a median of $2.2 recorded in 2025.
- Year-over-year, Times Interest Earned soared 1167.1% in 2022 and tumbled 92.94% in 2025.
- Tracing FWRG's Times Interest Earned over 5 years: stood at $0.85 in 2022, then jumped by 254.71% to $3.02 in 2023, then slumped by 60.26% to $1.2 in 2024, then surged by 57.09% to $1.88 in 2025, then slumped by 88.9% to $0.21 in 2026.
- The last three Times Interest Earned figures came in at $0.21 (Q1 2026), $1.88 (Q4 2025), and $2.2 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 6.04 |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | - |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | - |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | - |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | - |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | - |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | - |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 4.98 |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | - |
| 10 | First Watch Restaurant | 680.42 Mn | 656.85 Mn | 256.65 Mn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 0.21 |
| Dec 28, 2025 | 1.88 |
| Sep 28, 2025 | 2.20 |
| Jun 29, 2025 | 1.83 |
| Mar 30, 2025 | 0.33 |
| Dec 29, 2024 | 1.20 |
| Sep 29, 2024 | 1.83 |
| Jun 30, 2024 | 4.86 |
| Mar 31, 2024 | 4.73 |
| Dec 31, 2023 | 3.02 |
| Sep 24, 2023 | 4.19 |
| Jun 25, 2023 | 5.57 |
| Mar 26, 2023 | 8.04 |
| Dec 25, 2022 | 0.85 |
| Sep 25, 2022 | 1.92 |
| Jun 26, 2022 | 4.49 |
| Mar 27, 2022 | 7.71 |
| Dec 26, 2021 | -0.74 |
| Sep 26, 2021 | 1.18 |
| Jun 27, 2021 | 1.96 |
| Mar 28, 2021 | 0.61 |
| Dec 27, 2020 | -0.75 |
| Sep 27, 2020 | -1.48 |