First Watch Restaurant Group Inc (FWRG) — Capital Reinvestment Ratio
First Watch Restaurant Group Inc (FWRG) has a Capital Reinvestment Ratio of 0.90x as of September 2025, meaning it reinvests 1% of its operating cash flow ($47.88 Million) in capital expenditures ($42.88 Million). See First Watch Restaurant Group Inc balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
First Watch Restaurant Group Inc Capital Reinvestment Ratio (2018–2024)
This chart tracks First Watch Restaurant Group Inc's Capital Reinvestment Ratio across 6 annual periods. Check First Watch Restaurant Group Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for First Watch Restaurant Group Inc (2018–2024)
Year-by-year Capital Reinvestment Ratio for First Watch Restaurant Group Inc from 2018 to 2024. For live market cap and broader valuation context, see how much is First Watch Restaurant Group Inc worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.11x | $115.67 Million | $127.95 Million | ▲ +24.5% |
| 2023 | 0.89x | $95.34 Million | $84.69 Million | ▼ -11.7% |
| 2022 | 1.01x | $62.94 Million | $63.33 Million | ▲ +77.6% |
| 2021 | 0.57x | $62.97 Million | $35.68 Million | ▼ -79.4% |
| 2019 | 2.76x | $21.46 Million | $59.17 Million | ▲ +124.8% |
| 2018 | 1.23x | $30.77 Million | $37.73 Million | — |