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Side-by-side financial comparison of Chefs' Warehouse, Inc. (CHEF) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.

Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.8× Chefs' Warehouse, Inc.). Primoris Services Corp runs the higher net margin — 2.8% vs 1.6%, a 1.1% gap on every dollar of revenue. On growth, Chefs' Warehouse, Inc. posted the faster year-over-year revenue change (11.4% vs 6.7%). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% CAGR vs 5.3%).

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.

Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.

CHEF vs PRIM — Head-to-Head

Bigger by revenue
PRIM
PRIM
1.8× larger
PRIM
$1.9B
$1.1B
CHEF
Growing faster (revenue YoY)
CHEF
CHEF
+4.7% gap
CHEF
11.4%
6.7%
PRIM
Higher net margin
PRIM
PRIM
1.1% more per $
PRIM
2.8%
1.6%
CHEF
Faster 2-yr revenue CAGR
PRIM
PRIM
Annualised
PRIM
14.7%
5.3%
CHEF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CHEF
CHEF
PRIM
PRIM
Revenue
$1.1B
$1.9B
Net Profit
$17.4M
$51.7M
Gross Margin
24.3%
9.4%
Operating Margin
3.1%
4.2%
Net Margin
1.6%
2.8%
Revenue YoY
11.4%
6.7%
Net Profit YoY
68.8%
-4.2%
EPS (diluted)
$0.40
$0.94

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
CHEF
CHEF
PRIM
PRIM
Q1 26
$1.1B
Q4 25
$1.1B
$1.9B
Q3 25
$1.0B
$2.2B
Q2 25
$1.0B
$1.9B
Q1 25
$950.7M
$1.6B
Q4 24
$1.0B
$1.7B
Q3 24
$931.5M
$1.6B
Q2 24
$954.7M
$1.6B
Net Profit
CHEF
CHEF
PRIM
PRIM
Q1 26
$17.4M
Q4 25
$21.7M
$51.7M
Q3 25
$19.1M
$94.6M
Q2 25
$21.2M
$84.3M
Q1 25
$10.3M
$44.2M
Q4 24
$23.9M
$54.0M
Q3 24
$14.1M
$58.4M
Q2 24
$15.5M
$49.5M
Gross Margin
CHEF
CHEF
PRIM
PRIM
Q1 26
24.3%
Q4 25
24.2%
9.4%
Q3 25
24.2%
10.8%
Q2 25
24.6%
12.3%
Q1 25
23.8%
10.4%
Q4 24
24.3%
10.6%
Q3 24
24.1%
12.0%
Q2 24
24.0%
11.9%
Operating Margin
CHEF
CHEF
PRIM
PRIM
Q1 26
3.1%
Q4 25
3.8%
4.2%
Q3 25
3.8%
6.3%
Q2 25
3.9%
6.7%
Q1 25
2.4%
4.3%
Q4 24
4.5%
5.0%
Q3 24
3.4%
6.0%
Q2 24
3.5%
5.5%
Net Margin
CHEF
CHEF
PRIM
PRIM
Q1 26
1.6%
Q4 25
1.9%
2.8%
Q3 25
1.9%
4.3%
Q2 25
2.1%
4.5%
Q1 25
1.1%
2.7%
Q4 24
2.3%
3.1%
Q3 24
1.5%
3.5%
Q2 24
1.6%
3.2%
EPS (diluted)
CHEF
CHEF
PRIM
PRIM
Q1 26
$0.40
Q4 25
$0.50
$0.94
Q3 25
$0.44
$1.73
Q2 25
$0.49
$1.54
Q1 25
$0.25
$0.81
Q4 24
$0.56
$0.98
Q3 24
$0.34
$1.07
Q2 24
$0.37
$0.91

Balance Sheet & Financial Strength

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

Metric
CHEF
CHEF
PRIM
PRIM
Cash + ST InvestmentsLiquidity on hand
$122.7M
$535.5M
Total DebtLower is stronger
$750.4M
$469.9M
Stockholders' EquityBook value
$608.6M
$1.7B
Total Assets
$2.0B
$4.4B
Debt / EquityLower = less leverage
1.23×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHEF
CHEF
PRIM
PRIM
Q1 26
$122.7M
Q4 25
$121.0M
$535.5M
Q3 25
$65.1M
$431.4M
Q2 25
$96.9M
$390.3M
Q1 25
$116.5M
$351.6M
Q4 24
$114.7M
$455.8M
Q3 24
$50.7M
$352.7M
Q2 24
$38.3M
$207.4M
Total Debt
CHEF
CHEF
PRIM
PRIM
Q1 26
$750.4M
Q4 25
$720.3M
$469.9M
Q3 25
$711.7M
$486.0M
Q2 25
$690.2M
$603.1M
Q1 25
$681.1M
$612.0M
Q4 24
$688.7M
$734.8M
Q3 24
$666.6M
$903.7M
Q2 24
$660.8M
$933.0M
Stockholders' Equity
CHEF
CHEF
PRIM
PRIM
Q1 26
$608.6M
Q4 25
$604.3M
$1.7B
Q3 25
$576.6M
$1.6B
Q2 25
$557.7M
$1.5B
Q1 25
$541.6M
$1.4B
Q4 24
$537.6M
$1.4B
Q3 24
$480.3M
$1.4B
Q2 24
$461.9M
$1.3B
Total Assets
CHEF
CHEF
PRIM
PRIM
Q1 26
$2.0B
Q4 25
$2.0B
$4.4B
Q3 25
$1.9B
$4.6B
Q2 25
$1.9B
$4.5B
Q1 25
$1.8B
$4.2B
Q4 24
$1.9B
$4.2B
Q3 24
$1.8B
$4.2B
Q2 24
$1.7B
$4.0B
Debt / Equity
CHEF
CHEF
PRIM
PRIM
Q1 26
1.23×
Q4 25
1.19×
0.28×
Q3 25
1.23×
0.30×
Q2 25
1.24×
0.39×
Q1 25
1.26×
0.42×
Q4 24
1.28×
0.52×
Q3 24
1.39×
0.67×
Q2 24
1.43×
0.72×

Cash Flow & Capital Efficiency

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

Metric
CHEF
CHEF
PRIM
PRIM
Operating Cash FlowLast quarter
$38.3M
$142.9M
Free Cash FlowOCF − Capex
$121.1M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
0.7%
1.2%
Cash ConversionOCF / Net Profit
2.20×
2.76×
TTM Free Cash FlowTrailing 4 quarters
$340.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHEF
CHEF
PRIM
PRIM
Q1 26
$38.3M
Q4 25
$73.9M
$142.9M
Q3 25
$-8.7M
$182.9M
Q2 25
$14.5M
$78.5M
Q1 25
$49.6M
$66.2M
Q4 24
$73.0M
$298.3M
Q3 24
$19.8M
$222.5M
Q2 24
$29.3M
$16.1M
Free Cash Flow
CHEF
CHEF
PRIM
PRIM
Q1 26
Q4 25
$65.8M
$121.1M
Q3 25
$-19.7M
$148.4M
Q2 25
$4.5M
$45.3M
Q1 25
$37.2M
$25.6M
Q4 24
$64.6M
$270.0M
Q3 24
$11.8M
$158.8M
Q2 24
$13.3M
$-8.1M
FCF Margin
CHEF
CHEF
PRIM
PRIM
Q1 26
Q4 25
5.8%
6.5%
Q3 25
-1.9%
6.8%
Q2 25
0.4%
2.4%
Q1 25
3.9%
1.6%
Q4 24
6.3%
15.5%
Q3 24
1.3%
9.6%
Q2 24
1.4%
-0.5%
Capex Intensity
CHEF
CHEF
PRIM
PRIM
Q1 26
0.7%
Q4 25
0.7%
1.2%
Q3 25
1.1%
1.6%
Q2 25
1.0%
1.8%
Q1 25
1.3%
2.5%
Q4 24
0.8%
1.6%
Q3 24
0.9%
3.9%
Q2 24
1.7%
1.5%
Cash Conversion
CHEF
CHEF
PRIM
PRIM
Q1 26
2.20×
Q4 25
3.41×
2.76×
Q3 25
-0.46×
1.93×
Q2 25
0.68×
0.93×
Q1 25
4.82×
1.50×
Q4 24
3.05×
5.53×
Q3 24
1.41×
3.81×
Q2 24
1.89×
0.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHEF
CHEF

Segment breakdown not available.

PRIM
PRIM

Energy Segment$1.2B64%
Unit Price Contracts$473.7M25%
Cost Reimbursable Contracts$121.3M7%
Other$74.9M4%

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