First Watch Restaurant Group Inc (FWRG) — Cash Flow Reinvestment Rate
First Watch Restaurant Group Inc (FWRG) has a Cash Flow Reinvestment Rate of 1.79x as of September 2025, reinvesting $85.80 Million (capex $42.88 Million plus investments $-42.92 Million) from operating cash flow of $47.88 Million. Explore FWRG capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
First Watch Restaurant Group Inc Cash Flow Reinvestment Rate (2018–2024)
Historical reinvestment intensity for First Watch Restaurant Group Inc across 6 annual periods. Also explore First Watch Restaurant Group Inc total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for First Watch Restaurant Group Inc (2018–2024)
Year-by-year capital reinvestment analysis for First Watch Restaurant Group Inc. For live market cap and broader valuation context, see FWRG market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 2.89x | $334.60 Million | $115.67 Million | $127.95 Million | ▲ +49.3% |
| 2023 | 1.94x | $184.73 Million | $95.34 Million | $84.69 Million | ▼ -3.6% |
| 2022 | 2.01x | $126.44 Million | $62.94 Million | $63.33 Million | ▲ +77.3% |
| 2021 | 1.13x | $71.36 Million | $62.97 Million | $35.68 Million | ▼ -82.8% |
| 2019 | 6.59x | $141.56 Million | $21.46 Million | $59.17 Million | ▲ +437.9% |
| 2018 | 1.23x | $37.73 Million | $30.77 Million | $37.73 Million | — |