First Watch Restaurant Group, Inc. (FWRG) Return on equity 2019–2025
First Watch Restaurant Group, Inc. (FWRG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
3.1%FY2025 · since FY2019: -13.8% → 3.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 3.1% | -0.1 pp |
| FY2024 | 3.2% | -1.3 pp |
| FY2023 | 4.5% | +3.2 pp |
| FY2022 | 1.3% | +1.7 pp |
| FY2021 | -0.4% | +15.1 pp |
| FY2020 | -15.5% | -1.7 pp |
| FY2019 | -13.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
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 marginFWRG Operating cash flowFWRG Free cash flowFWRG Capital expendituresFWRG Stock buybacksFWRG Dividends paidFWRG Total assetsFWRG Total liabilitiesFWRG Shareholders’ equityFWRG overview →