First Watch Restaurant Group Inc (FWRG) — Cash Flow Quality Index
First Watch Restaurant Group Inc (FWRG) has a Cash Flow Quality Index of 16.01x as of September 2025. Operating cash flow of $47.88 Million exceeds net income of $2.99 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow conversion of First Watch Restaurant Group Inc to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
First Watch Restaurant Group Inc Cash Flow Quality Index (2022–2024)
Historical Cash Flow Quality Index for First Watch Restaurant Group Inc across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FWRG capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for First Watch Restaurant Group Inc (2022–2024)
Year-by-year earnings quality comparison for First Watch Restaurant Group Inc. For live market cap and the full company financial profile, see how much is First Watch Restaurant Group Inc worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 6.11x | $115.67 Million | $18.93 Million | ▲ +62.7% |
| 2023 | 3.76x | $95.34 Million | $25.39 Million | ▼ -58.8% |
| 2022 | 9.11x | $62.94 Million | $6.91 Million | — |