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Side-by-side financial comparison of Fat Brands, Inc (FAT) and GOLAR LNG LTD (GLNG). Click either name above to swap in a different company.

Fat Brands, Inc is the larger business by last-quarter revenue ($140.0M vs $122.5M, roughly 1.1× GOLAR LNG LTD). GOLAR LNG LTD runs the higher net margin — 25.7% vs -41.6%, a 67.3% gap on every dollar of revenue. On growth, GOLAR LNG LTD posted the faster year-over-year revenue change (89.1% vs -2.3%).

FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

FAT vs GLNG — Head-to-Head

Bigger by revenue
FAT
FAT
1.1× larger
FAT
$140.0M
$122.5M
GLNG
Growing faster (revenue YoY)
GLNG
GLNG
+91.4% gap
GLNG
89.1%
-2.3%
FAT
Higher net margin
GLNG
GLNG
67.3% more per $
GLNG
25.7%
-41.6%
FAT

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
FAT
FAT
GLNG
GLNG
Revenue
$140.0M
$122.5M
Net Profit
$-58.2M
$31.5M
Gross Margin
Operating Margin
-12.4%
39.4%
Net Margin
-41.6%
25.7%
Revenue YoY
-2.3%
89.1%
Net Profit YoY
-30.1%
190.5%
EPS (diluted)
$-3.39

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
FAT
FAT
GLNG
GLNG
Q3 25
$140.0M
$122.5M
Q2 25
$146.8M
Q1 25
$142.0M
Q4 24
$145.3M
Q3 24
$143.4M
$64.8M
Q2 24
$152.0M
Q1 24
$152.0M
Q4 23
$158.6M
Net Profit
FAT
FAT
GLNG
GLNG
Q3 25
$-58.2M
$31.5M
Q2 25
$-54.2M
Q1 25
$-46.0M
Q4 24
$-67.4M
Q3 24
$-44.8M
$-34.8M
Q2 24
$-39.4M
Q1 24
$-38.3M
Q4 23
$-26.2M
Operating Margin
FAT
FAT
GLNG
GLNG
Q3 25
-12.4%
39.4%
Q2 25
-10.6%
Q1 25
-6.0%
Q4 24
-27.1%
Q3 24
-6.2%
-43.7%
Q2 24
-1.8%
Q1 24
-0.9%
Q4 23
-2.0%
Net Margin
FAT
FAT
GLNG
GLNG
Q3 25
-41.6%
25.7%
Q2 25
-36.9%
Q1 25
-32.4%
Q4 24
-46.4%
Q3 24
-31.2%
-53.7%
Q2 24
-25.9%
Q1 24
-25.2%
Q4 23
-16.5%
EPS (diluted)
FAT
FAT
GLNG
GLNG
Q3 25
$-3.39
Q2 25
$-3.17
Q1 25
$-2.73
Q4 24
$-4.06
Q3 24
$-2.74
Q2 24
$-2.43
Q1 24
$-2.37
Q4 23
$-1.68

Balance Sheet & Financial Strength

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

Metric
FAT
FAT
GLNG
GLNG
Cash + ST InvestmentsLiquidity on hand
$611.2M
Total DebtLower is stronger
$1.3B
$1.9B
Stockholders' EquityBook value
$-585.8M
$1.9B
Total Assets
$1.2B
$4.7B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FAT
FAT
GLNG
GLNG
Q3 25
$611.2M
Q2 25
Q1 25
Q4 24
Q3 24
$732.1M
Q2 24
Q1 24
Q4 23
Total Debt
FAT
FAT
GLNG
GLNG
Q3 25
$1.3B
$1.9B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
$1.4B
Q2 24
$1.2B
Q1 24
$1.2B
Q4 23
$1.2B
Stockholders' Equity
FAT
FAT
GLNG
GLNG
Q3 25
$-585.8M
$1.9B
Q2 25
$-536.5M
Q1 25
$-493.9M
Q4 24
$-455.7M
Q3 24
$-386.1M
$2.0B
Q2 24
$-338.6M
Q1 24
$-296.8M
Q4 23
$-255.9M
Total Assets
FAT
FAT
GLNG
GLNG
Q3 25
$1.2B
$4.7B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
$4.3B
Q2 24
$1.4B
Q1 24
$1.4B
Q4 23
$1.4B
Debt / Equity
FAT
FAT
GLNG
GLNG
Q3 25
1.01×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24
Q1 24
Q4 23

Cash Flow & Capital Efficiency

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

Metric
FAT
FAT
GLNG
GLNG
Operating Cash FlowLast quarter
$-14.5M
$149.0M
Free Cash FlowOCF − Capex
$-16.9M
FCF MarginFCF / Revenue
-12.1%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
4.73×
TTM Free Cash FlowTrailing 4 quarters
$-75.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FAT
FAT
GLNG
GLNG
Q3 25
$-14.5M
$149.0M
Q2 25
$-26.9M
Q1 25
$-13.2M
Q4 24
$-10.4M
Q3 24
$-3.2M
$62.6M
Q2 24
$-14.2M
Q1 24
$-28.4M
Q4 23
$-12.6M
Free Cash Flow
FAT
FAT
GLNG
GLNG
Q3 25
$-16.9M
Q2 25
$-29.3M
Q1 25
$-17.8M
Q4 24
$-11.0M
Q3 24
$-11.1M
Q2 24
$-24.4M
Q1 24
$-32.5M
Q4 23
$-18.0M
FCF Margin
FAT
FAT
GLNG
GLNG
Q3 25
-12.1%
Q2 25
-20.0%
Q1 25
-12.5%
Q4 24
-7.6%
Q3 24
-7.7%
Q2 24
-16.1%
Q1 24
-21.4%
Q4 23
-11.4%
Capex Intensity
FAT
FAT
GLNG
GLNG
Q3 25
1.7%
Q2 25
1.6%
Q1 25
3.2%
Q4 24
0.4%
Q3 24
5.5%
Q2 24
6.7%
Q1 24
2.7%
Q4 23
3.4%
Cash Conversion
FAT
FAT
GLNG
GLNG
Q3 25
4.73×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

FAT
FAT

Restaurant Sales$96.6M69%
Royalty$21.6M15%
Factory$9.6M7%
Advertising$9.1M7%
Franchisor$1.5M1%
Other$1.5M1%

GLNG
GLNG

Segment breakdown not available.

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