Company / Goodwill
First Watch Restaurant Group, Inc. Goodwill History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$420.2M
FY2025
5-year range
$345.2M / $420.2M
FY2021-FY2025
Trend
+5.4%
vs FY2024
Sector context
#109 of 203
Consumer Discretionary
What the data says
At $420M, First Watch Restaurant Group, Inc.'s goodwill ranks #109 of 203 in the Consumer Discretionary sector. Goodwill has increased for 3 consecutive years, from $345M in FY2022 to $420M in FY2025.
Based on SEC 10-K filings.
$420M in FY2025 with a 5-year CAGR of +4.0%.
Improved from $360M to $420M over the past 2 years.
Consumer Discretionary sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +6.8%
- 5-Year CAGR
- +4.0%
- 10-Year CAGR
- -
Sector benchmark
#109 of 203 in Consumer DiscretionaryTop 54% of 203This company $420.2M Sector average $1.2B
▼
-66.3% below sector average
Key checks
Key Insights
- First Watch Restaurant Group, Inc.'s goodwill has grown for 3 consecutive years.
- 5-year CAGR of +4.0%, indicating consistent growth.
- In FY2025, goodwill increased 5.4% year-over-year.
- Ranks #109 out of 203 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- Altman Z-Score 0.92 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $420.2M | +5.4% |
| FY2024 | $398.6M | +10.7% |
| FY2023 | $359.9M | +4.2% |
| FY2022 | $345.2M | +0.0% |
| FY2021 | $345.2M | +0.0% |
| FY2020 | $345.2M | - |
| FY2019 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026