FWRG (First Watch Restaurant Group) Long-Term Debt: $278 Mil (As of Jun. 2026)

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FWRG First Watch Restaurant Group Inc FWRG
75 GF Score
Price $12.01
GF Value $22.39
Valuation Possible Value Trap
! 5 Warning Signs
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What is First Watch Restaurant Group Long-Term Debt?

First Watch Restaurant Group FWRG -2.44% 75 Long-Term Debt is $278 Mil as of Jun. 2026. GuruFocus rates FWRG with a GF Score™ of 75/100 and a GF Value™ of $22.39 (Possible Value Trap). The stock has 5 warning signs investors should review.

First Watch Restaurant Group's Long-Term Debt for the quarter that ended in Jun. 2026 was $278 Mil.

First Watch Restaurant Group's quarterly Long-Term Debt declined from Dec. 2025 ($269 Mil) to Mar. 2026 ($269 Mil) but then increased from Mar. 2026 ($269 Mil) to Jun. 2026 ($278 Mil).

First Watch Restaurant Group's annual Long-Term Debt increased from Dec. 2023 ($120 Mil) to Dec. 2024 ($189 Mil) and increased from Dec. 2024 ($189 Mil) to Dec. 2025 ($269 Mil).

First Watch Restaurant Group  (NAS:FWRG) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

First Watch Restaurant Group Long-Term Debt Related Terms

First Watch Restaurant Group Long-Term Debt Historical Data

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The historical data trend for First Watch Restaurant Group's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Watch Restaurant Group Long-Term Debt Chart

First Watch Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial 99.75 94.67 119.77 189.04 269.07

First Watch Restaurant Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 250.01 250.99 269.07 268.74 277.69
FWRG
75GF Score
First Watch Restaurant Group Inc FWRG
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $278 Mil mean?
First Watch Restaurant Group (FWRG) has a Long-Term Debt of $278 Mil as of Jun. 2026.
Is First Watch Restaurant Group's Long-Term Debt too high?
First Watch Restaurant Group's current Long-Term Debt is $278 Mil. Overall, First Watch Restaurant Group has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does First Watch Restaurant Group's Long-Term Debt compare to SG and BLMN?
First Watch Restaurant Group's Long-Term Debt of $278 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Restaurants company?
A good Long-Term Debt depends on the Restaurants industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. First Watch Restaurant Group's current Long-Term Debt is $278 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Watch Restaurant Group stock overvalued right now?
Based on GuruFocus' analysis, First Watch Restaurant Group (FWRG) is currently considered Possible Value Trap. The stock's GF Value™ is $22.39, compared to a current price of $12.01 — trading 46.4% below its estimated fair value. The current Long-Term Debt is $278 Mil. First Watch Restaurant Group's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For First Watch Restaurant Group (FWRG), the current Long-Term Debt is $278 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Watch Restaurant Group (FWRG) Overvalued in 2026?

Based on GuruFocus' analysis, First Watch Restaurant Group stock appears to be undervalued. The current stock price of $12.01 is trading 46.4% below its estimated GF Value™ of $22.39. GuruFocus considers First Watch Restaurant Group to be Possible Value Trap.

Key valuation signals for FWRG:

  • Long-Term Debt: $278 Mil
  • GF Value™: $22.39 vs. price of $12.01 (46.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the FWRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Watch Restaurant Group Business Description

Address 8725 Pendery Place, Suite 201, Bradenton, FL, USA, 34201
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. The company generates revenues from Restaurant sales and Franchise revenues. It generates maximum revenue from Restaurant sales.
75GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.01
Price
$22.39
GF Value