Evidence method
Level · gp.fundamentals.debt_to_revenue
78.29% · OPTIONAL · VALID
GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME
FWRG · Jun 28, 2026
First Watch Restaurant Group, Inc.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.
STATE CAPABILITYLEVEL 3[email protected]
Inspectable configuration
State dimensions
Filing0001789940-26-000090General Corporate
Evidence method
Level · gp.fundamentals.capex_revenue_ratio
11.42% · OPTIONAL · VALID
Evidence method
Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
7.74% · OPTIONAL · VALID
Evidence method
Yoy · gp.fundamentals.revenue
15.20% · CORE · NOT_ENOUGH_HISTORY
Evidence method
Level · gp.fundamentals.inventory_revenue_ratio
2.20% · OPTIONAL · VALID
Evidence method
Level · gp.fundamentals.operating_margin
2.29% · CORE · VALID
Evidence method
Level · gp.fundamentals.sbc_revenue_ratio
1.04% · OPTIONAL · VALID
As-filed lineage
Fundamental state history
Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History6 statesHistory building
Period transition
What moved in the state?
- Previous
- 81.20%
- Current
- 78.29%
- Delta
- -2.91%
- Previous
- 8.87%
- Current
- 11.42%
- Delta
- 2.55%
- Previous
- 10.41%
- Current
- 7.74%
- Delta
- -2.67%
- Previous
- 17.26%
- Current
- 15.20%
- Delta
- -2.07%
- Previous
- 2.16%
- Current
- 2.20%
- Delta
- 0.04%
- Previous
- 0.30%
- Current
- 2.29%
- Delta
- 1.99%
- Previous
- 1.01%
- Current
- 1.04%
- Delta
- 0.03%
Self-history only
Previous similar states
Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research
Compared To · Retail-Eating Places peers →Has State · First Watch Restaurant Group, Inc. →Transitioned To · FWRG SBC_INTENSITY_INCREASED →Transitioned To · FWRG Fundamental State →Transitioned To · FWRG BALANCE_SHEET_LEVERAGE_DECREASED →Transitioned To · FWRG CAPEX_INTENSITY_INCREASED →Transitioned To · FWRG CASH_GENERATION_DECREASED →Transitioned To · FWRG GROWTH_DECREASED →Transitioned To · FWRG INVENTORY_PRESSURE_INCREASED →Transitioned To · FWRG PROFITABILITY_INCREASED →
Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.