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Side-by-side financial comparison of Fat Brands, Inc (FAT) and Proficient Auto Logistics, Inc (PAL). Click either name above to swap in a different company.

Fat Brands, Inc is the larger business by last-quarter revenue ($140.0M vs $91.5M, roughly 1.5× Proficient Auto Logistics, Inc). Proficient Auto Logistics, Inc runs the higher net margin — -1.5% vs -41.6%, a 40.1% gap on every dollar of revenue.

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

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

FAT vs PAL — Head-to-Head

Bigger by revenue
FAT
FAT
1.5× larger
FAT
$140.0M
$91.5M
PAL
Higher net margin
PAL
PAL
40.1% more per $
PAL
-1.5%
-41.6%
FAT

Income Statement — Q3 FY2025 vs Q3 FY2024

Metric
FAT
FAT
PAL
PAL
Revenue
$140.0M
$91.5M
Net Profit
$-58.2M
$-1.4M
Gross Margin
Operating Margin
-12.4%
-2.4%
Net Margin
-41.6%
-1.5%
Revenue YoY
-2.3%
Net Profit YoY
-30.1%
EPS (diluted)
$-3.39
$-0.05

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
PAL
PAL
Q3 25
$140.0M
Q2 25
$146.8M
Q1 25
$142.0M
Q4 24
$145.3M
Q3 24
$143.4M
$91.5M
Q2 24
$152.0M
Q1 24
$152.0M
Q4 23
$158.6M
Net Profit
FAT
FAT
PAL
PAL
Q3 25
$-58.2M
Q2 25
$-54.2M
Q1 25
$-46.0M
Q4 24
$-67.4M
Q3 24
$-44.8M
$-1.4M
Q2 24
$-39.4M
Q1 24
$-38.3M
Q4 23
$-26.2M
Operating Margin
FAT
FAT
PAL
PAL
Q3 25
-12.4%
Q2 25
-10.6%
Q1 25
-6.0%
Q4 24
-27.1%
Q3 24
-6.2%
-2.4%
Q2 24
-1.8%
Q1 24
-0.9%
Q4 23
-2.0%
Net Margin
FAT
FAT
PAL
PAL
Q3 25
-41.6%
Q2 25
-36.9%
Q1 25
-32.4%
Q4 24
-46.4%
Q3 24
-31.2%
-1.5%
Q2 24
-25.9%
Q1 24
-25.2%
Q4 23
-16.5%
EPS (diluted)
FAT
FAT
PAL
PAL
Q3 25
$-3.39
Q2 25
$-3.17
Q1 25
$-2.73
Q4 24
$-4.06
Q3 24
$-2.74
$-0.05
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
PAL
PAL
Cash + ST InvestmentsLiquidity on hand
$16.8M
Total DebtLower is stronger
$1.3B
$64.0M
Stockholders' EquityBook value
$-585.8M
$338.5M
Total Assets
$1.2B
$498.2M
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FAT
FAT
PAL
PAL
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$16.8M
Q2 24
Q1 24
Q4 23
Total Debt
FAT
FAT
PAL
PAL
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.2B
$64.0M
Q2 24
$1.2B
Q1 24
$1.2B
Q4 23
$1.2B
Stockholders' Equity
FAT
FAT
PAL
PAL
Q3 25
$-585.8M
Q2 25
$-536.5M
Q1 25
$-493.9M
Q4 24
$-455.7M
Q3 24
$-386.1M
$338.5M
Q2 24
$-338.6M
Q1 24
$-296.8M
Q4 23
$-255.9M
Total Assets
FAT
FAT
PAL
PAL
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
$498.2M
Q2 24
$1.4B
Q1 24
$1.4B
Q4 23
$1.4B
Debt / Equity
FAT
FAT
PAL
PAL
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.19×
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
PAL
PAL
Operating Cash FlowLast quarter
$-14.5M
Free Cash FlowOCF − Capex
$-16.9M
FCF MarginFCF / Revenue
-12.1%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-75.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FAT
FAT
PAL
PAL
Q3 25
$-14.5M
Q2 25
$-26.9M
Q1 25
$-13.2M
Q4 24
$-10.4M
Q3 24
$-3.2M
Q2 24
$-14.2M
Q1 24
$-28.4M
Q4 23
$-12.6M
Free Cash Flow
FAT
FAT
PAL
PAL
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
PAL
PAL
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
PAL
PAL
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%

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%

PAL
PAL

Segment breakdown not available.

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