First Watch Restaurant Group Inc (FWRG) — Cash Flow Quality Index

Latest as of September 2025: 16.01x

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. Also explore First Watch Restaurant Group Inc total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

16.01x
Operating CF / Net Income

Operating Cash Flow

$47.88 Million
USD

Net Income

$2.99 Million
USD

Data as of

Sep 2025
Most recent filing

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 First Watch Restaurant Group Inc (FWRG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

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 market cap of First Watch Restaurant Group Inc.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.