vs
Side-by-side financial comparison of AvalonBay Communities (AVB) and Chefs' Warehouse, Inc. (CHEF). Click either name above to swap in a different company.
Chefs' Warehouse, Inc. is the larger business by last-quarter revenue ($1.1B vs $767.9M, roughly 1.4× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 1.6%, a 9038.9% gap on every dollar of revenue. On growth, Chefs' Warehouse, Inc. posted the faster year-over-year revenue change (11.4% vs 3.7%). Over the past eight quarters, Chefs' Warehouse, Inc.'s revenue compounded faster (5.3% CAGR vs 3.8%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
Chefs' Warehouse, Inc. is a leading North American specialty food distributor that primarily serves independent restaurants, fine dining venues, hotels, catering firms, and other foodservice operators. It offers a curated portfolio of over 150,000 products including artisanal ingredients, specialty meats, seafood, dairy, pastries, and imported gourmet goods tailored for professional chefs.
AVB vs CHEF — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $1.1B |
| Net Profit | $166.0M | $17.4M |
| Gross Margin | — | 24.3% |
| Operating Margin | 64.2% | 3.1% |
| Net Margin | 9040.6% | 1.6% |
| Revenue YoY | 3.7% | 11.4% |
| Net Profit YoY | -41.2% | 68.8% |
| EPS (diluted) | $1.18 | $0.40 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $767.9M | $1.1B | ||
| Q3 25 | $766.8M | $1.0B | ||
| Q2 25 | $760.2M | $1.0B | ||
| Q1 25 | $745.9M | $950.7M | ||
| Q4 24 | $740.5M | $1.0B | ||
| Q3 24 | $734.3M | $931.5M | ||
| Q2 24 | $726.0M | $954.7M |
| Q1 26 | — | $17.4M | ||
| Q4 25 | $166.0M | $21.7M | ||
| Q3 25 | $381.3M | $19.1M | ||
| Q2 25 | $268.7M | $21.2M | ||
| Q1 25 | $236.6M | $10.3M | ||
| Q4 24 | $282.1M | $23.9M | ||
| Q3 24 | $372.5M | $14.1M | ||
| Q2 24 | $253.9M | $15.5M |
| Q1 26 | — | 24.3% | ||
| Q4 25 | — | 24.2% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 24.6% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 24.1% | ||
| Q2 24 | — | 24.0% |
| Q1 26 | — | 3.1% | ||
| Q4 25 | 64.2% | 3.8% | ||
| Q3 25 | 65.7% | 3.8% | ||
| Q2 25 | 67.6% | 3.9% | ||
| Q1 25 | 68.5% | 2.4% | ||
| Q4 24 | 63.1% | 4.5% | ||
| Q3 24 | 65.4% | 3.4% | ||
| Q2 24 | 66.6% | 3.5% |
| Q1 26 | — | 1.6% | ||
| Q4 25 | 9040.6% | 1.9% | ||
| Q3 25 | 49.7% | 1.9% | ||
| Q2 25 | 35.3% | 2.1% | ||
| Q1 25 | 31.7% | 1.1% | ||
| Q4 24 | 38.1% | 2.3% | ||
| Q3 24 | 50.7% | 1.5% | ||
| Q2 24 | 35.0% | 1.6% |
| Q1 26 | — | $0.40 | ||
| Q4 25 | $1.18 | $0.50 | ||
| Q3 25 | $2.68 | $0.44 | ||
| Q2 25 | $1.88 | $0.49 | ||
| Q1 25 | $1.66 | $0.25 | ||
| Q4 24 | $1.99 | $0.56 | ||
| Q3 24 | $2.61 | $0.34 | ||
| Q2 24 | $1.78 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $122.7M |
| Total DebtLower is stronger | $9.3B | $750.4M |
| Stockholders' EquityBook value | $11.6B | $608.6M |
| Total Assets | $22.2B | $2.0B |
| Debt / EquityLower = less leverage | 0.80× | 1.23× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $122.7M | ||
| Q4 25 | $187.2M | $121.0M | ||
| Q3 25 | $123.3M | $65.1M | ||
| Q2 25 | $102.8M | $96.9M | ||
| Q1 25 | $53.3M | $116.5M | ||
| Q4 24 | $108.6M | $114.7M | ||
| Q3 24 | $552.4M | $50.7M | ||
| Q2 24 | $545.8M | $38.3M |
| Q1 26 | — | $750.4M | ||
| Q4 25 | $9.3B | $720.3M | ||
| Q3 25 | $8.7B | $711.7M | ||
| Q2 25 | $8.7B | $690.2M | ||
| Q1 25 | $8.3B | $681.1M | ||
| Q4 24 | $8.1B | $688.7M | ||
| Q3 24 | $8.4B | $666.6M | ||
| Q2 24 | $8.4B | $660.8M |
| Q1 26 | — | $608.6M | ||
| Q4 25 | $11.6B | $604.3M | ||
| Q3 25 | $11.9B | $576.6M | ||
| Q2 25 | $11.9B | $557.7M | ||
| Q1 25 | $11.9B | $541.6M | ||
| Q4 24 | $11.9B | $537.6M | ||
| Q3 24 | $11.9B | $480.3M | ||
| Q2 24 | $11.7B | $461.9M |
| Q1 26 | — | $2.0B | ||
| Q4 25 | $22.2B | $2.0B | ||
| Q3 25 | $21.9B | $1.9B | ||
| Q2 25 | $21.8B | $1.9B | ||
| Q1 25 | $21.2B | $1.8B | ||
| Q4 24 | $21.0B | $1.9B | ||
| Q3 24 | $21.3B | $1.8B | ||
| Q2 24 | $21.0B | $1.7B |
| Q1 26 | — | 1.23× | ||
| Q4 25 | 0.80× | 1.19× | ||
| Q3 25 | 0.73× | 1.23× | ||
| Q2 25 | 0.72× | 1.24× | ||
| Q1 25 | 0.70× | 1.26× | ||
| Q4 24 | 0.68× | 1.28× | ||
| Q3 24 | 0.70× | 1.39× | ||
| Q2 24 | 0.71× | 1.43× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $38.3M |
| Free Cash FlowOCF − Capex | $1.4B | — |
| FCF MarginFCF / Revenue | 183.5% | — |
| Capex IntensityCapex / Revenue | 34.1% | 0.7% |
| Cash ConversionOCF / Net Profit | 10.07× | 2.20× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $38.3M | ||
| Q4 25 | $1.7B | $73.9M | ||
| Q3 25 | $477.0M | $-8.7M | ||
| Q2 25 | $377.8M | $14.5M | ||
| Q1 25 | $415.9M | $49.6M | ||
| Q4 24 | $1.6B | $73.0M | ||
| Q3 24 | $486.2M | $19.8M | ||
| Q2 24 | $380.0M | $29.3M |
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $65.8M | ||
| Q3 25 | $402.2M | $-19.7M | ||
| Q2 25 | $317.1M | $4.5M | ||
| Q1 25 | $367.5M | $37.2M | ||
| Q4 24 | $1.4B | $64.6M | ||
| Q3 24 | $434.2M | $11.8M | ||
| Q2 24 | $333.0M | $13.3M |
| Q1 26 | — | — | ||
| Q4 25 | 183.5% | 5.8% | ||
| Q3 25 | 52.5% | -1.9% | ||
| Q2 25 | 41.7% | 0.4% | ||
| Q1 25 | 49.3% | 3.9% | ||
| Q4 24 | 191.0% | 6.3% | ||
| Q3 24 | 59.1% | 1.3% | ||
| Q2 24 | 45.9% | 1.4% |
| Q1 26 | — | 0.7% | ||
| Q4 25 | 34.1% | 0.7% | ||
| Q3 25 | 9.8% | 1.1% | ||
| Q2 25 | 8.0% | 1.0% | ||
| Q1 25 | 6.5% | 1.3% | ||
| Q4 24 | 26.1% | 0.8% | ||
| Q3 24 | 7.1% | 0.9% | ||
| Q2 24 | 6.5% | 1.7% |
| Q1 26 | — | 2.20× | ||
| Q4 25 | 10.07× | 3.41× | ||
| Q3 25 | 1.25× | -0.46× | ||
| Q2 25 | 1.41× | 0.68× | ||
| Q1 25 | 1.76× | 4.82× | ||
| Q4 24 | 5.70× | 3.05× | ||
| Q3 24 | 1.31× | 1.41× | ||
| Q2 24 | 1.50× | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
