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Side-by-side financial comparison of Chefs' Warehouse, Inc. (CHEF) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.
Chefs' Warehouse, Inc. is the larger business by last-quarter revenue ($1.1B vs $1.0B, roughly 1.0× Liberty Energy Inc.). Liberty Energy Inc. runs the higher net margin — 2.2% vs 1.6%, a 0.6% gap on every dollar of revenue. On growth, Chefs' Warehouse, Inc. posted the faster year-over-year revenue change (11.4% vs 4.5%). Over the past eight quarters, Chefs' Warehouse, Inc.'s revenue compounded faster (5.3% CAGR vs -6.2%).
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.
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
CHEF vs LBRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $1.1B | $1.0B |
| Net Profit | $17.4M | $22.6M |
| Gross Margin | 24.3% | — |
| Operating Margin | 3.1% | 2.2% |
| Net Margin | 1.6% | 2.2% |
| Revenue YoY | 11.4% | 4.5% |
| Net Profit YoY | 68.8% | — |
| EPS (diluted) | $0.40 | $0.14 |
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 | $1.0B | ||
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $1.0B | $947.4M | ||
| Q2 25 | $1.0B | $1.0B | ||
| Q1 25 | $950.7M | $977.5M | ||
| Q4 24 | $1.0B | $943.6M | ||
| Q3 24 | $931.5M | $1.1B | ||
| Q2 24 | $954.7M | $1.2B |
| Q1 26 | $17.4M | $22.6M | ||
| Q4 25 | $21.7M | $13.7M | ||
| Q3 25 | $19.1M | $43.1M | ||
| Q2 25 | $21.2M | $71.0M | ||
| Q1 25 | $10.3M | $20.1M | ||
| Q4 24 | $23.9M | $51.9M | ||
| Q3 24 | $14.1M | $73.8M | ||
| Q2 24 | $15.5M | $108.4M |
| Q1 26 | 24.3% | — | ||
| Q4 25 | 24.2% | 20.6% | ||
| Q3 25 | 24.2% | 18.7% | ||
| Q2 25 | 24.6% | 22.1% | ||
| Q1 25 | 23.8% | 22.1% | ||
| Q4 24 | 24.3% | 21.4% | ||
| Q3 24 | 24.1% | 26.2% | ||
| Q2 24 | 24.0% | 27.9% |
| Q1 26 | 3.1% | 2.2% | ||
| Q4 25 | 3.8% | 1.9% | ||
| Q3 25 | 3.8% | -0.3% | ||
| Q2 25 | 3.9% | 3.6% | ||
| Q1 25 | 2.4% | 1.9% | ||
| Q4 24 | 4.5% | 2.6% | ||
| Q3 24 | 3.4% | 9.4% | ||
| Q2 24 | 3.5% | 12.2% |
| Q1 26 | 1.6% | 2.2% | ||
| Q4 25 | 1.9% | 1.3% | ||
| Q3 25 | 1.9% | 4.5% | ||
| Q2 25 | 2.1% | 6.8% | ||
| Q1 25 | 1.1% | 2.1% | ||
| Q4 24 | 2.3% | 5.5% | ||
| Q3 24 | 1.5% | 6.5% | ||
| Q2 24 | 1.6% | 9.3% |
| Q1 26 | $0.40 | $0.14 | ||
| Q4 25 | $0.50 | $0.08 | ||
| Q3 25 | $0.44 | $0.26 | ||
| Q2 25 | $0.49 | $0.43 | ||
| Q1 25 | $0.25 | $0.12 | ||
| Q4 24 | $0.56 | $0.31 | ||
| Q3 24 | $0.34 | $0.44 | ||
| Q2 24 | $0.37 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $122.7M | $699.1M |
| Total DebtLower is stronger | $750.4M | $7.1M |
| Stockholders' EquityBook value | $608.6M | $1.9B |
| Total Assets | $2.0B | $4.4B |
| Debt / EquityLower = less leverage | 1.23× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.7M | $699.1M | ||
| Q4 25 | $121.0M | $27.6M | ||
| Q3 25 | $65.1M | $13.5M | ||
| Q2 25 | $96.9M | $19.6M | ||
| Q1 25 | $116.5M | $24.1M | ||
| Q4 24 | $114.7M | $20.0M | ||
| Q3 24 | $50.7M | $23.0M | ||
| Q2 24 | $38.3M | $30.0M |
| Q1 26 | $750.4M | $7.1M | ||
| Q4 25 | $720.3M | $246.6M | ||
| Q3 25 | $711.7M | — | ||
| Q2 25 | $690.2M | — | ||
| Q1 25 | $681.1M | — | ||
| Q4 24 | $688.7M | $190.5M | ||
| Q3 24 | $666.6M | — | ||
| Q2 24 | $660.8M | — |
| Q1 26 | $608.6M | $1.9B | ||
| Q4 25 | $604.3M | $2.1B | ||
| Q3 25 | $576.6M | $2.1B | ||
| Q2 25 | $557.7M | $2.0B | ||
| Q1 25 | $541.6M | $2.0B | ||
| Q4 24 | $537.6M | $2.0B | ||
| Q3 24 | $480.3M | $2.0B | ||
| Q2 24 | $461.9M | $1.9B |
| Q1 26 | $2.0B | $4.4B | ||
| Q4 25 | $2.0B | $3.6B | ||
| Q3 25 | $1.9B | $3.5B | ||
| Q2 25 | $1.9B | $3.4B | ||
| Q1 25 | $1.8B | $3.4B | ||
| Q4 24 | $1.9B | $3.3B | ||
| Q3 24 | $1.8B | $3.3B | ||
| Q2 24 | $1.7B | $3.2B |
| Q1 26 | 1.23× | 0.00× | ||
| Q4 25 | 1.19× | 0.12× | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 1.28× | 0.10× | ||
| 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 | $38.3M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.7% | 13.1% |
| Cash ConversionOCF / Net Profit | 2.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $38.3M | — | ||
| Q4 25 | $73.9M | $195.4M | ||
| Q3 25 | $-8.7M | $51.5M | ||
| Q2 25 | $14.5M | $170.6M | ||
| Q1 25 | $49.6M | $192.1M | ||
| Q4 24 | $73.0M | $177.3M | ||
| Q3 24 | $19.8M | $244.5M | ||
| Q2 24 | $29.3M | $248.2M |
| Q1 26 | — | — | ||
| Q4 25 | $65.8M | $-10.0M | ||
| Q3 25 | $-19.7M | $-67.2M | ||
| Q2 25 | $4.5M | $33.1M | ||
| Q1 25 | $37.2M | $58.2M | ||
| Q4 24 | $64.6M | $-26.2M | ||
| Q3 24 | $11.8M | $77.9M | ||
| Q2 24 | $13.3M | $112.2M |
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | -1.0% | ||
| Q3 25 | -1.9% | -7.1% | ||
| Q2 25 | 0.4% | 3.2% | ||
| Q1 25 | 3.9% | 6.0% | ||
| Q4 24 | 6.3% | -2.8% | ||
| Q3 24 | 1.3% | 6.8% | ||
| Q2 24 | 1.4% | 9.7% |
| Q1 26 | 0.7% | 13.1% | ||
| Q4 25 | 0.7% | 19.8% | ||
| Q3 25 | 1.1% | 12.5% | ||
| Q2 25 | 1.0% | 13.2% | ||
| Q1 25 | 1.3% | 13.7% | ||
| Q4 24 | 0.8% | 21.6% | ||
| Q3 24 | 0.9% | 14.6% | ||
| Q2 24 | 1.7% | 11.7% |
| Q1 26 | 2.20× | — | ||
| Q4 25 | 3.41× | 14.28× | ||
| Q3 25 | -0.46× | 1.20× | ||
| Q2 25 | 0.68× | 2.40× | ||
| Q1 25 | 4.82× | 9.55× | ||
| Q4 24 | 3.05× | 3.42× | ||
| Q3 24 | 1.41× | 3.31× | ||
| Q2 24 | 1.89× | 2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.