First Income Before Tax from 2010 to 2024

FWRG Stock  USD 19.09  0.20  1.06%   
First Watch's Income Before Tax is increasing over the last several years with slightly volatile swings. Income Before Tax is estimated to finish at about 37.9 M this year. During the period from 2010 to 2024 First Watch Restaurant Income Before Tax regressed destribution of quarterly values had mean deviationof  17,037,069 and mean square error of 754.7 T. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
36.1 M
Current Value
37.9 M
Quarterly Volatility
27.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Watch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Watch's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.8 M, Interest Expense of 10.2 M or Selling General Administrative of 73 M, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0 or PTB Ratio of 3.0. First financial statements analysis is a perfect complement when working with First Watch Valuation or Volatility modules.
  
Check out the analysis of First Watch Correlation against competitors.

Latest First Watch's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of First Watch Restaurant over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on First Watch income statement and is an important metric when analyzing First Watch Restaurant profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is First Watch's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Watch's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

First Income Before Tax Regression Statistics

Arithmetic Mean(10,215,817)
Coefficient Of Variation(273.51)
Mean Deviation17,037,069
Median(12,523,000)
Standard Deviation27,941,250
Sample Variance780.7T
Range107.4M
R-Value0.32
Mean Square Error754.7T
R-Squared0.10
Significance0.25
Slope1,998,976
Total Sum of Squares10930T

First Income Before Tax History

202437.9 M
202336.1 M
202212.6 M
2021370 K
2020-69.6 M
2019-57.9 M

About First Watch Financial Statements

First Watch stakeholders use historical fundamental indicators, such as First Watch's Income Before Tax, to determine how well the company is positioned to perform in the future. Although First Watch investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Watch's assets and liabilities are reflected in the revenues and expenses on First Watch's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Watch Restaurant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax36.1 M37.9 M

Currently Active Assets on Macroaxis

When determining whether First Watch Restaurant is a strong investment it is important to analyze First Watch's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Watch's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Watch Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Watch. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Watch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Earnings Share
0.33
Revenue Per Share
16.574
Quarterly Revenue Growth
0.148
Return On Assets
0.0212
The market value of First Watch Restaurant is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Watch's value that differs from its market value or its book value, called intrinsic value, which is First Watch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Watch's market value can be influenced by many factors that don't directly affect First Watch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Watch's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Watch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Watch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.