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Side-by-side financial comparison of Chefs' Warehouse, Inc. (CHEF) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.

Chefs' Warehouse, Inc. is the larger business by last-quarter revenue ($1.1B vs $969.9M, roughly 1.2× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 14.4% vs 1.9%, a 12.5% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (16.3% vs 10.5%). Virtu Financial, Inc. produced more free cash flow last quarter ($495.6M vs $65.8M). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (22.8% CAGR vs 14.3%).

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.

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

CHEF vs VIRT — Head-to-Head

Bigger by revenue
CHEF
CHEF
1.2× larger
CHEF
$1.1B
$969.9M
VIRT
Growing faster (revenue YoY)
VIRT
VIRT
+5.7% gap
VIRT
16.3%
10.5%
CHEF
Higher net margin
VIRT
VIRT
12.5% more per $
VIRT
14.4%
1.9%
CHEF
More free cash flow
VIRT
VIRT
$429.8M more FCF
VIRT
$495.6M
$65.8M
CHEF
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
22.8%
14.3%
CHEF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CHEF
CHEF
VIRT
VIRT
Revenue
$1.1B
$969.9M
Net Profit
$21.7M
$139.9M
Gross Margin
24.2%
Operating Margin
3.8%
35.4%
Net Margin
1.9%
14.4%
Revenue YoY
10.5%
16.3%
Net Profit YoY
-9.4%
48.7%
EPS (diluted)
$0.50
$1.54

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
VIRT
VIRT
Q4 25
$1.1B
$969.9M
Q3 25
$1.0B
$824.8M
Q2 25
$1.0B
$999.6M
Q1 25
$950.7M
$837.9M
Q4 24
$1.0B
$834.3M
Q3 24
$931.5M
$706.8M
Q2 24
$954.7M
$693.0M
Q1 24
$874.5M
$642.8M
Net Profit
CHEF
CHEF
VIRT
VIRT
Q4 25
$21.7M
$139.9M
Q3 25
$19.1M
$77.6M
Q2 25
$21.2M
$151.2M
Q1 25
$10.3M
$99.7M
Q4 24
$23.9M
$94.1M
Q3 24
$14.1M
$60.0M
Q2 24
$15.5M
$66.6M
Q1 24
$1.9M
$55.8M
Gross Margin
CHEF
CHEF
VIRT
VIRT
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 24
23.9%
Operating Margin
CHEF
CHEF
VIRT
VIRT
Q4 25
3.8%
35.4%
Q3 25
3.8%
21.8%
Q2 25
3.9%
34.7%
Q1 25
2.4%
26.7%
Q4 24
4.5%
24.3%
Q3 24
3.4%
20.8%
Q2 24
3.5%
22.4%
Q1 24
1.8%
21.8%
Net Margin
CHEF
CHEF
VIRT
VIRT
Q4 25
1.9%
14.4%
Q3 25
1.9%
9.4%
Q2 25
2.1%
15.1%
Q1 25
1.1%
11.9%
Q4 24
2.3%
11.3%
Q3 24
1.5%
8.5%
Q2 24
1.6%
9.6%
Q1 24
0.2%
8.7%
EPS (diluted)
CHEF
CHEF
VIRT
VIRT
Q4 25
$0.50
$1.54
Q3 25
$0.44
$0.86
Q2 25
$0.49
$1.65
Q1 25
$0.25
$1.08
Q4 24
$0.56
$1.03
Q3 24
$0.34
$0.64
Q2 24
$0.37
$0.71
Q1 24
$0.05
$0.59

Balance Sheet & Financial Strength

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

Metric
CHEF
CHEF
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$121.0M
$1.1B
Total DebtLower is stronger
$720.3M
$2.0B
Stockholders' EquityBook value
$604.3M
$1.6B
Total Assets
$2.0B
$20.2B
Debt / EquityLower = less leverage
1.19×
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHEF
CHEF
VIRT
VIRT
Q4 25
$121.0M
$1.1B
Q3 25
$65.1M
$707.9M
Q2 25
$96.9M
$752.1M
Q1 25
$116.5M
$723.6M
Q4 24
$114.7M
$872.5M
Q3 24
$50.7M
$701.4M
Q2 24
$38.3M
$684.8M
Q1 24
$42.3M
$399.6M
Total Debt
CHEF
CHEF
VIRT
VIRT
Q4 25
$720.3M
$2.0B
Q3 25
$711.7M
$2.0B
Q2 25
$690.2M
$1.7B
Q1 25
$681.1M
$1.7B
Q4 24
$688.7M
$1.7B
Q3 24
$666.6M
$1.7B
Q2 24
$660.8M
$1.7B
Q1 24
$667.3M
$1.7B
Stockholders' Equity
CHEF
CHEF
VIRT
VIRT
Q4 25
$604.3M
$1.6B
Q3 25
$576.6M
$1.5B
Q2 25
$557.7M
$1.4B
Q1 25
$541.6M
$1.3B
Q4 24
$537.6M
$1.3B
Q3 24
$480.3M
$1.2B
Q2 24
$461.9M
$1.2B
Q1 24
$447.8M
$1.2B
Total Assets
CHEF
CHEF
VIRT
VIRT
Q4 25
$2.0B
$20.2B
Q3 25
$1.9B
$21.3B
Q2 25
$1.9B
$19.3B
Q1 25
$1.8B
$17.5B
Q4 24
$1.9B
$15.4B
Q3 24
$1.8B
$14.4B
Q2 24
$1.7B
$13.9B
Q1 24
$1.7B
$12.8B
Debt / Equity
CHEF
CHEF
VIRT
VIRT
Q4 25
1.19×
1.29×
Q3 25
1.23×
1.40×
Q2 25
1.24×
1.24×
Q1 25
1.26×
1.33×
Q4 24
1.28×
1.39×
Q3 24
1.39×
1.41×
Q2 24
1.43×
1.41×
Q1 24
1.49×
1.42×

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
VIRT
VIRT
Operating Cash FlowLast quarter
$73.9M
$518.4M
Free Cash FlowOCF − Capex
$65.8M
$495.6M
FCF MarginFCF / Revenue
5.8%
51.1%
Capex IntensityCapex / Revenue
0.7%
2.4%
Cash ConversionOCF / Net Profit
3.41×
3.71×
TTM Free Cash FlowTrailing 4 quarters
$87.8M
$485.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHEF
CHEF
VIRT
VIRT
Q4 25
$73.9M
$518.4M
Q3 25
$-8.7M
$-68.7M
Q2 25
$14.5M
$62.8M
Q1 25
$49.6M
$15.0M
Q4 24
$73.0M
$599.0M
Q3 24
$19.8M
$112.1M
Q2 24
$29.3M
$490.8M
Q1 24
$30.9M
$-395.4M
Free Cash Flow
CHEF
CHEF
VIRT
VIRT
Q4 25
$65.8M
$495.6M
Q3 25
$-19.7M
$-76.7M
Q2 25
$4.5M
$57.6M
Q1 25
$37.2M
$9.2M
Q4 24
$64.6M
$586.6M
Q3 24
$11.8M
$106.2M
Q2 24
$13.3M
$486.9M
Q1 24
$13.8M
$-398.2M
FCF Margin
CHEF
CHEF
VIRT
VIRT
Q4 25
5.8%
51.1%
Q3 25
-1.9%
-9.3%
Q2 25
0.4%
5.8%
Q1 25
3.9%
1.1%
Q4 24
6.3%
70.3%
Q3 24
1.3%
15.0%
Q2 24
1.4%
70.3%
Q1 24
1.6%
-61.9%
Capex Intensity
CHEF
CHEF
VIRT
VIRT
Q4 25
0.7%
2.4%
Q3 25
1.1%
1.0%
Q2 25
1.0%
0.5%
Q1 25
1.3%
0.7%
Q4 24
0.8%
1.5%
Q3 24
0.9%
0.8%
Q2 24
1.7%
0.6%
Q1 24
2.0%
0.4%
Cash Conversion
CHEF
CHEF
VIRT
VIRT
Q4 25
3.41×
3.71×
Q3 25
-0.46×
-0.89×
Q2 25
0.68×
0.42×
Q1 25
4.82×
0.15×
Q4 24
3.05×
6.37×
Q3 24
1.41×
1.87×
Q2 24
1.89×
7.37×
Q1 24
16.00×
-7.08×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHEF
CHEF

Center Of The Plate Product$459.1M40%
Dry Goods Product$175.7M15%
Pastry Product$160.5M14%
Produce$147.9M13%
Cheese And Charcuterie Product$75.3M7%
Dairy And Eggs Product$69.2M6%
Oils And Vinegar Product$32.4M3%
Kitchen Supplies Product$22.4M2%

VIRT
VIRT

Segment breakdown not available.

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