vs

Side-by-side financial comparison of CHEMED CORP (CHE) and First Watch Restaurant Group, Inc. (FWRG). Click either name above to swap in a different company.

CHEMED CORP is the larger business by last-quarter revenue ($420.0M vs $316.4M, roughly 1.3× First Watch Restaurant Group, Inc.). On growth, First Watch Restaurant Group, Inc. posted the faster year-over-year revenue change (20.2% vs 3.1%). Over the past eight quarters, First Watch Restaurant Group, Inc.'s revenue compounded faster (14.2% CAGR vs 5.9%).

LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. It was the 9th largest chemical company in the world by sales in 2021. It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics. It is now solely a business-to-business company.

Ruby Tuesday Inc. is an American multinational foodservice retailer that owns, operates, and franchises Ruby Tuesday restaurants. The concept was started in 1972 by Samuel E. (Sandy) Beall III.

CHE vs FWRG — Head-to-Head

Bigger by revenue
CHE
CHE
1.3× larger
CHE
$420.0M
$316.4M
FWRG
Growing faster (revenue YoY)
FWRG
FWRG
+17.1% gap
FWRG
20.2%
3.1%
CHE
Faster 2-yr revenue CAGR
FWRG
FWRG
Annualised
FWRG
14.2%
5.9%
CHE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CHE
CHE
FWRG
FWRG
Revenue
$420.0M
$316.4M
Net Profit
$66.3M
Gross Margin
Operating Margin
20.1%
2.9%
Net Margin
15.8%
Revenue YoY
3.1%
20.2%
Net Profit YoY
EPS (diluted)
$0.24

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.

Revenue
CHE
CHE
FWRG
FWRG
Q1 26
$420.0M
Q4 25
$639.3M
$316.4M
Q3 25
$624.9M
$316.0M
Q2 25
$618.8M
$307.9M
Q1 25
$646.9M
$282.2M
Q4 24
$411.0M
$263.3M
Q3 24
$391.4M
$251.6M
Q2 24
$374.6M
$258.6M
Net Profit
CHE
CHE
FWRG
FWRG
Q1 26
$66.3M
Q4 25
$76.8M
Q3 25
$64.2M
$3.0M
Q2 25
$52.5M
$2.1M
Q1 25
$71.8M
$-829.0K
Q4 24
$90.3M
Q3 24
$75.8M
$2.1M
Q2 24
$70.9M
$8.9M
Gross Margin
CHE
CHE
FWRG
FWRG
Q1 26
Q4 25
35.2%
Q3 25
31.5%
Q2 25
29.8%
Q1 25
33.5%
Q4 24
1.2%
Q3 24
-1.2%
Q2 24
-4.1%
Operating Margin
CHE
CHE
FWRG
FWRG
Q1 26
20.1%
Q4 25
15.7%
2.9%
Q3 25
12.0%
3.2%
Q2 25
11.0%
2.4%
Q1 25
14.6%
0.4%
Q4 24
27.7%
1.5%
Q3 24
23.5%
2.5%
Q2 24
23.5%
6.4%
Net Margin
CHE
CHE
FWRG
FWRG
Q1 26
15.8%
Q4 25
12.0%
Q3 25
10.3%
0.9%
Q2 25
8.5%
0.7%
Q1 25
11.1%
-0.3%
Q4 24
22.0%
Q3 24
19.4%
0.8%
Q2 24
18.9%
3.4%
EPS (diluted)
CHE
CHE
FWRG
FWRG
Q1 26
Q4 25
$5.45
$0.24
Q3 25
$4.46
$0.05
Q2 25
$3.57
$0.03
Q1 25
$4.86
$-0.01
Q4 24
$6.00
$0.01
Q3 24
$5.00
$0.03
Q2 24
$4.65
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHE
CHE
FWRG
FWRG
Cash + ST InvestmentsLiquidity on hand
$16.9M
$21.2M
Total DebtLower is stronger
$91.2M
$269.1M
Stockholders' EquityBook value
$848.0M
$626.3M
Total Assets
$1.5B
$1.7B
Debt / EquityLower = less leverage
0.11×
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHE
CHE
FWRG
FWRG
Q1 26
$16.9M
Q4 25
$74.5M
$21.2M
Q3 25
$129.8M
$20.7M
Q2 25
$249.9M
$19.2M
Q1 25
$173.9M
$18.6M
Q4 24
$178.3M
$33.3M
Q3 24
$238.5M
$51.1M
Q2 24
$222.9M
$45.1M
Total Debt
CHE
CHE
FWRG
FWRG
Q1 26
$91.2M
Q4 25
$269.1M
Q3 25
$251.0M
Q2 25
$250.0M
Q1 25
$191.5M
Q4 24
$189.0M
Q3 24
$189.7M
Q2 24
$192.1M
Stockholders' Equity
CHE
CHE
FWRG
FWRG
Q1 26
$848.0M
Q4 25
$979.4M
$626.3M
Q3 25
$1.1B
$607.3M
Q2 25
$1.2B
$601.3M
Q1 25
$1.2B
$596.3M
Q4 24
$1.1B
$595.4M
Q3 24
$1.2B
$589.1M
Q2 24
$1.2B
$585.8M
Total Assets
CHE
CHE
FWRG
FWRG
Q1 26
$1.5B
Q4 25
$1.5B
$1.7B
Q3 25
$1.6B
$1.7B
Q2 25
$1.7B
$1.7B
Q1 25
$1.7B
$1.5B
Q4 24
$1.7B
$1.5B
Q3 24
$1.8B
$1.5B
Q2 24
$1.7B
$1.4B
Debt / Equity
CHE
CHE
FWRG
FWRG
Q1 26
0.11×
Q4 25
0.43×
Q3 25
0.41×
Q2 25
0.42×
Q1 25
0.32×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHE
CHE
FWRG
FWRG
Operating Cash FlowLast quarter
$88.2M
$18.5M
Free Cash FlowOCF − Capex
$-18.3M
FCF MarginFCF / Revenue
-5.8%
Capex IntensityCapex / Revenue
4.1%
11.6%
Cash ConversionOCF / Net Profit
1.33×
TTM Free Cash FlowTrailing 4 quarters
$-31.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHE
CHE
FWRG
FWRG
Q1 26
$88.2M
Q4 25
$133.5M
$18.5M
Q3 25
$83.4M
$47.9M
Q2 25
$138.6M
$39.4M
Q1 25
$32.7M
$20.1M
Q4 24
$164.9M
$22.9M
Q3 24
$90.5M
$35.9M
Q2 24
$77.5M
$31.9M
Free Cash Flow
CHE
CHE
FWRG
FWRG
Q1 26
Q4 25
$117.2M
$-18.3M
Q3 25
$66.0M
$5.5M
Q2 25
$122.8M
$-1.7M
Q1 25
$19.5M
$-16.4M
Q4 24
$152.2M
$-17.7M
Q3 24
$77.0M
$6.8M
Q2 24
$66.5M
$2.3M
FCF Margin
CHE
CHE
FWRG
FWRG
Q1 26
Q4 25
18.3%
-5.8%
Q3 25
10.6%
1.7%
Q2 25
19.8%
-0.5%
Q1 25
3.0%
-5.8%
Q4 24
37.0%
-6.7%
Q3 24
19.7%
2.7%
Q2 24
17.7%
0.9%
Capex Intensity
CHE
CHE
FWRG
FWRG
Q1 26
4.1%
Q4 25
2.6%
11.6%
Q3 25
2.8%
13.4%
Q2 25
2.6%
13.4%
Q1 25
2.1%
13.0%
Q4 24
3.1%
15.4%
Q3 24
3.5%
11.6%
Q2 24
3.0%
11.5%
Cash Conversion
CHE
CHE
FWRG
FWRG
Q1 26
1.33×
Q4 25
1.74×
Q3 25
1.30×
16.01×
Q2 25
2.64×
18.72×
Q1 25
0.46×
Q4 24
1.83×
Q3 24
1.19×
16.98×
Q2 24
1.09×
3.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHE
CHE

Homecare$371.1M88%
Inpatient$35.9M9%
Other$13.0M3%

FWRG
FWRG

In Restaurant Dining Sales$254.1M80%
Third Party Delivery Sales$38.6M12%
Take Out Sales$21.3M7%
Royalty And System Fund Contributions$2.3M1%

Related Comparisons