Growth Metrics

First Watch Restaurant (FWRG) Times Interest Earned (2020 - 2025)

First Watch Restaurant has reported Times Interest Earned over the past 6 years, most recently at $1.88 for Q4 2025.

  • Quarterly results put Times Interest Earned at $1.88 for Q4 2025, up 57.09% from a year ago — trailing twelve months through Dec 2025 was $1.65 (down 46.48% YoY), and the annual figure for FY2025 was $1.65, down 46.48%.
  • Times Interest Earned for Q4 2025 was $1.88 at First Watch Restaurant, down from $2.2 in the prior quarter.
  • Over the last five years, Times Interest Earned for FWRG hit a ceiling of $8.04 in Q1 2023 and a floor of -$0.74 in Q4 2021.
  • Median Times Interest Earned over the past 5 years was $1.94 (2022), compared with a mean of $2.88.
  • Biggest five-year swings in Times Interest Earned: soared 1167.1% in 2022 and later plummeted 92.94% in 2025.
  • First Watch Restaurant's Times Interest Earned stood at -$0.74 in 2021, then surged by 215.09% to $0.85 in 2022, then skyrocketed by 254.71% to $3.02 in 2023, then crashed by 60.26% to $1.2 in 2024, then surged by 57.09% to $1.88 in 2025.
  • The last three reported values for Times Interest Earned were $1.88 (Q4 2025), $2.2 (Q3 2025), and $1.83 (Q2 2025) per Business Quant data.