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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Chefs' Warehouse, Inc. (CHEF). Click either name above to swap in a different company.
Brookfield Asset Management Ltd. is the larger business by last-quarter revenue ($1.1B vs $1.1B, roughly 1.0× Chefs' Warehouse, Inc.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 1.6%, a 55.0% gap on every dollar of revenue.
Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation, and manages investments across real estate, infrastructure, renewable energy, private equity, and credit markets globally.
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.
BAM vs CHEF — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.1B |
| Net Profit | $615.0M | $17.4M |
| Gross Margin | — | 24.3% |
| Operating Margin | 84.2% | 3.1% |
| Net Margin | 56.7% | 1.6% |
| Revenue YoY | — | 11.4% |
| Net Profit YoY | — | 68.8% |
| EPS (diluted) | — | $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 | $1.1B | $1.1B | ||
| Q3 25 | $974.0M | $1.0B | ||
| Q2 25 | $931.0M | $1.0B | ||
| Q1 25 | $954.0M | $950.7M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $873.0M | $931.5M | ||
| Q2 24 | $821.0M | $954.7M |
| Q1 26 | — | $17.4M | ||
| Q4 25 | $615.0M | $21.7M | ||
| Q3 25 | $692.0M | $19.1M | ||
| Q2 25 | $584.0M | $21.2M | ||
| Q1 25 | $507.0M | $10.3M | ||
| Q4 24 | — | $23.9M | ||
| Q3 24 | $537.0M | $14.1M | ||
| Q2 24 | $124.0M | $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 | 84.2% | 3.8% | ||
| Q3 25 | 79.1% | 3.8% | ||
| Q2 25 | 70.8% | 3.9% | ||
| Q1 25 | 61.0% | 2.4% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | 72.5% | 3.4% | ||
| Q2 24 | 80.4% | 3.5% |
| Q1 26 | — | 1.6% | ||
| Q4 25 | 56.7% | 1.9% | ||
| Q3 25 | 71.0% | 1.9% | ||
| Q2 25 | 62.7% | 2.1% | ||
| Q1 25 | 53.1% | 1.1% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | 61.5% | 1.5% | ||
| Q2 24 | 15.1% | 1.6% |
| Q1 26 | — | $0.40 | ||
| Q4 25 | — | $0.50 | ||
| Q3 25 | — | $0.44 | ||
| Q2 25 | — | $0.49 | ||
| Q1 25 | — | $0.25 | ||
| Q4 24 | — | $0.56 | ||
| Q3 24 | — | $0.34 | ||
| Q2 24 | — | $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 | $1.6B | $122.7M |
| Total DebtLower is stronger | — | $750.4M |
| Stockholders' EquityBook value | $8.9B | $608.6M |
| Total Assets | $17.0B | $2.0B |
| Debt / EquityLower = less leverage | — | 1.23× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $122.7M | ||
| Q4 25 | $1.6B | $121.0M | ||
| Q3 25 | $1.1B | $65.1M | ||
| Q2 25 | $480.0M | $96.9M | ||
| Q1 25 | $332.0M | $116.5M | ||
| Q4 24 | — | $114.7M | ||
| Q3 24 | — | $50.7M | ||
| Q2 24 | $10.0M | $38.3M |
| Q1 26 | — | $750.4M | ||
| Q4 25 | — | $720.3M | ||
| Q3 25 | — | $711.7M | ||
| Q2 25 | — | $690.2M | ||
| Q1 25 | — | $681.1M | ||
| Q4 24 | — | $688.7M | ||
| Q3 24 | — | $666.6M | ||
| Q2 24 | — | $660.8M |
| Q1 26 | — | $608.6M | ||
| Q4 25 | $8.9B | $604.3M | ||
| Q3 25 | $8.5B | $576.6M | ||
| Q2 25 | $8.5B | $557.7M | ||
| Q1 25 | $8.5B | $541.6M | ||
| Q4 24 | — | $537.6M | ||
| Q3 24 | $9.0B | $480.3M | ||
| Q2 24 | $3.2B | $461.9M |
| Q1 26 | — | $2.0B | ||
| Q4 25 | $17.0B | $2.0B | ||
| Q3 25 | $16.5B | $1.9B | ||
| Q2 25 | $16.1B | $1.9B | ||
| Q1 25 | $15.0B | $1.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | $4.2B | $1.7B |
| Q1 26 | — | 1.23× | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.23× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.26× | ||
| Q4 24 | — | 1.28× | ||
| Q3 24 | — | 1.39× | ||
| Q2 24 | — | 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 | $562.0M | $38.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 0.91× | 2.20× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $38.3M | ||
| Q4 25 | $562.0M | $73.9M | ||
| Q3 25 | $745.0M | $-8.7M | ||
| Q2 25 | $529.0M | $14.5M | ||
| Q1 25 | $265.0M | $49.6M | ||
| Q4 24 | — | $73.0M | ||
| Q3 24 | $567.0M | $19.8M | ||
| Q2 24 | $159.0M | $29.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $65.8M | ||
| Q3 25 | — | $-19.7M | ||
| Q2 25 | — | $4.5M | ||
| Q1 25 | — | $37.2M | ||
| Q4 24 | — | $64.6M | ||
| Q3 24 | — | $11.8M | ||
| Q2 24 | — | $13.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | -1.9% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 1.4% |
| Q1 26 | — | 0.7% | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.7% |
| Q1 26 | — | 2.20× | ||
| Q4 25 | 0.91× | 3.41× | ||
| Q3 25 | 1.08× | -0.46× | ||
| Q2 25 | 0.91× | 0.68× | ||
| Q1 25 | 0.52× | 4.82× | ||
| Q4 24 | — | 3.05× | ||
| Q3 24 | 1.06× | 1.41× | ||
| Q2 24 | 1.28× | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
CHEF
Segment breakdown not available.
