First Watch Restaurant Group Inc Cash Flow Quality Index
First Watch Restaurant Group Inc cash flow quality index. First Watch Restaurant Group Inc (FWRG) has a Cash Flow Quality Index of 11.73x as of June 2026. Operating cash flow of $27.44 Million exceeds net income of $2.34 Million, indicating high earnings quality where cash backs reported profits. Explore First Watch Restaurant Group Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of First Watch Restaurant Group Inc (2022–2025)
Cash flow quality index of First Watch Restaurant Group Inc from 2022 to 2025. Historical Cash Flow Quality Index for First Watch Restaurant Group Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. See First Watch Restaurant Group Inc net asset quality index to measure how much of total assets are equity-financed.
First Watch Restaurant Group Inc Cash Flow Quality Index by Year (2022–2025)
First Watch Restaurant Group Inc cash flow quality index by year from 2022 to 2025. Year-by-year earnings quality comparison for First Watch Restaurant Group Inc. For the full cash flow conversion analysis, see FWRG cash flow conversion.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 6.48x | $125.91 Million | $19.43 Million | ▲ +6.0% |
| 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 | — |