First Watch Restaurant Group Inc (FWRG) — Free Cash Flow Generation Index
First Watch Restaurant Group Inc (FWRG) has a Free Cash Flow Generation Index of 0.10x as of September 2025. Free cash flow of $5.01 Million represents 0% of operating cash flow ($47.88 Million). Read debt load of First Watch Restaurant Group Inc for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
First Watch Restaurant Group Inc Free Cash Flow Generation Index (2018–2024)
Historical FCF Generation Index trend for First Watch Restaurant Group Inc across 6 annual periods. Explore capital reinvestment ratio of First Watch Restaurant Group Inc to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for First Watch Restaurant Group Inc (2018–2024)
Year-by-year Free Cash Flow Generation Index for First Watch Restaurant Group Inc. For the full company profile including market capitalisation, see First Watch Restaurant Group Inc (FWRG) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.11x | $-12.28 Million | $115.67 Million | $127.95 Million | ▼ -195.0% |
| 2023 | 0.11x | $10.65 Million | $95.34 Million | $84.69 Million | ▲ +1888.9% |
| 2022 | -0.01x | $-393.00K | $62.94 Million | $63.33 Million | ▼ -101.4% |
| 2021 | 0.43x | $27.29 Million | $62.97 Million | $35.68 Million | ▲ +124.7% |
| 2019 | -1.76x | $-37.70 Million | $21.46 Million | $59.17 Million | ▼ -677.4% |
| 2018 | -0.23x | $-6.95 Million | $30.77 Million | $37.73 Million | — |