First Watch Restaurant Group, Inc. (FWRG) Operating margin 2019–2025
First Watch Restaurant Group, Inc. (FWRG) operating margin by fiscal year — reported operating income divided by reported revenue.
2.3%FY2025 · since FY2019: -8.6% → 2.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 2.3% | -1.6 pp |
| FY2024 | 3.8% | -0.8 pp |
| FY2023 | 4.6% | +2.3 pp |
| FY2022 | 2.3% | -1.4 pp |
| FY2021 | 3.7% | +17.5 pp |
| FY2020 | -13.8% | -5.2 pp |
| FY2019 | -8.6% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice
More FWRG financial trends
FWRG RevenueFWRG Net incomeFWRG Net marginFWRG Gross profitFWRG Gross marginFWRG Operating incomeFWRG Operating cash flowFWRG Free cash flowFWRG Capital expendituresFWRG Return on equityFWRG Stock buybacksFWRG Dividends paidFWRG Total assetsFWRG Total liabilitiesFWRG Shareholders’ equityFWRG overview →