First Watch Restaurant Group, Inc. FWRG Invested capital

Invested capital at other companies

OneokOKE

8.6%-0.2pp

Rithm CapitalRITM

3.2%0.0pp

CitigroupC

32.6%+2.0pp

Morgan StanleyMS

16.9%+0.4pp

Wells Fargo & CompanyWFC

20.5%-0.7pp

American ExpressAXP

49.1%-10.0pp

FAQ

What is First Watch Restaurant Group, Inc.'s invested capital?

First Watch Restaurant Group, Inc. (FWRG) reported invested capital of $1.64B in Q1 2026.

How has First Watch Restaurant Group, Inc.'s invested capital changed year-over-year?

First Watch Restaurant Group, Inc.'s invested capital increased by 16.1% year-over-year, from $1.41B to $1.64B.

What is the long-term trend for First Watch Restaurant Group, Inc.'s invested capital?

Over 5 years (2020 to 2025), First Watch Restaurant Group, Inc.'s invested capital has grown at a 11.8% compound annual growth rate (CAGR), from $922.22M to $1.61B.

What does invested capital mean?

Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).