vs

Side-by-side financial comparison of Fat Brands, Inc (FAT) and Stock Yards Bancorp, Inc. (SYBT). Click either name above to swap in a different company.

Fat Brands, Inc is the larger business by last-quarter revenue ($140.0M vs $104.4M, roughly 1.3× Stock Yards Bancorp, Inc.). Stock Yards Bancorp, Inc. runs the higher net margin — 35.1% vs -41.6%, a 76.7% gap on every dollar of revenue. On growth, Stock Yards Bancorp, Inc. posted the faster year-over-year revenue change (11.7% vs -2.3%). Stock Yards Bancorp, Inc. produced more free cash flow last quarter ($154.0M vs $-16.9M). Over the past eight quarters, Stock Yards Bancorp, Inc.'s revenue compounded faster (11.9% CAGR vs -6.1%).

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

Community Trust Bancorp is an American regional bank holding company that was founded in 1903 as Pikeville National Bank. The renamed corporation continues to have its headquarters in Pikeville, Kentucky, at the heart of Appalachia. Community Trust Bancorp operates a commercial bank, Community Trust Bank, and a trust company, Community Trust and Investment Company of Lexington.

FAT vs SYBT — Head-to-Head

Bigger by revenue
FAT
FAT
1.3× larger
FAT
$140.0M
$104.4M
SYBT
Growing faster (revenue YoY)
SYBT
SYBT
+14.0% gap
SYBT
11.7%
-2.3%
FAT
Higher net margin
SYBT
SYBT
76.7% more per $
SYBT
35.1%
-41.6%
FAT
More free cash flow
SYBT
SYBT
$170.9M more FCF
SYBT
$154.0M
$-16.9M
FAT
Faster 2-yr revenue CAGR
SYBT
SYBT
Annualised
SYBT
11.9%
-6.1%
FAT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FAT
FAT
SYBT
SYBT
Revenue
$140.0M
$104.4M
Net Profit
$-58.2M
$36.6M
Gross Margin
Operating Margin
-12.4%
45.9%
Net Margin
-41.6%
35.1%
Revenue YoY
-2.3%
11.7%
Net Profit YoY
-30.1%
15.5%
EPS (diluted)
$-3.39
$1.24

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
SYBT
SYBT
Q4 25
$104.4M
Q3 25
$140.0M
$101.5M
Q2 25
$146.8M
$97.8M
Q1 25
$142.0M
$93.5M
Q4 24
$145.3M
$93.5M
Q3 24
$143.4M
$89.8M
Q2 24
$152.0M
$85.7M
Q1 24
$152.0M
$83.3M
Net Profit
FAT
FAT
SYBT
SYBT
Q4 25
$36.6M
Q3 25
$-58.2M
$36.2M
Q2 25
$-54.2M
$34.0M
Q1 25
$-46.0M
$33.3M
Q4 24
$-67.4M
$31.7M
Q3 24
$-44.8M
$29.4M
Q2 24
$-39.4M
$27.6M
Q1 24
$-38.3M
$25.9M
Operating Margin
FAT
FAT
SYBT
SYBT
Q4 25
45.9%
Q3 25
-12.4%
45.0%
Q2 25
-10.6%
43.9%
Q1 25
-6.0%
44.5%
Q4 24
-27.1%
41.9%
Q3 24
-6.2%
41.2%
Q2 24
-1.8%
41.2%
Q1 24
-0.9%
39.5%
Net Margin
FAT
FAT
SYBT
SYBT
Q4 25
35.1%
Q3 25
-41.6%
35.7%
Q2 25
-36.9%
34.8%
Q1 25
-32.4%
35.6%
Q4 24
-46.4%
33.9%
Q3 24
-31.2%
32.7%
Q2 24
-25.9%
32.2%
Q1 24
-25.2%
31.1%
EPS (diluted)
FAT
FAT
SYBT
SYBT
Q4 25
$1.24
Q3 25
$-3.39
$1.23
Q2 25
$-3.17
$1.15
Q1 25
$-2.73
$1.13
Q4 24
$-4.06
$1.07
Q3 24
$-2.74
$1.00
Q2 24
$-2.43
$0.94
Q1 24
$-2.37
$0.88

Balance Sheet & Financial Strength

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

Metric
FAT
FAT
SYBT
SYBT
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.3B
$26.8M
Stockholders' EquityBook value
$-585.8M
$1.1B
Total Assets
$1.2B
$9.5B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Total Debt
FAT
FAT
SYBT
SYBT
Q4 25
$26.8M
Q3 25
$1.3B
$26.8M
Q2 25
$1.3B
Q1 25
$1.3B
$26.8M
Q4 24
$1.3B
$26.8M
Q3 24
$1.2B
$26.8M
Q2 24
$1.2B
$26.8M
Q1 24
$1.2B
$26.8M
Stockholders' Equity
FAT
FAT
SYBT
SYBT
Q4 25
$1.1B
Q3 25
$-585.8M
$1.0B
Q2 25
$-536.5M
$1.0B
Q1 25
$-493.9M
$975.5M
Q4 24
$-455.7M
$940.5M
Q3 24
$-386.1M
$934.1M
Q2 24
$-338.6M
$894.5M
Q1 24
$-296.8M
$874.7M
Total Assets
FAT
FAT
SYBT
SYBT
Q4 25
$9.5B
Q3 25
$1.2B
$9.3B
Q2 25
$1.2B
$9.2B
Q1 25
$1.3B
$9.0B
Q4 24
$1.3B
$8.9B
Q3 24
$1.3B
$8.4B
Q2 24
$1.4B
$8.3B
Q1 24
$1.4B
$8.1B
Debt / Equity
FAT
FAT
SYBT
SYBT
Q4 25
0.02×
Q3 25
0.03×
Q2 25
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.03×
Q2 24
0.03×
Q1 24
0.03×

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
SYBT
SYBT
Operating Cash FlowLast quarter
$-14.5M
$166.0M
Free Cash FlowOCF − Capex
$-16.9M
$154.0M
FCF MarginFCF / Revenue
-12.1%
147.5%
Capex IntensityCapex / Revenue
1.7%
11.5%
Cash ConversionOCF / Net Profit
4.54×
TTM Free Cash FlowTrailing 4 quarters
$-75.0M
$260.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FAT
FAT
SYBT
SYBT
Q4 25
$166.0M
Q3 25
$-14.5M
$38.2M
Q2 25
$-26.9M
$55.9M
Q1 25
$-13.2M
$19.8M
Q4 24
$-10.4M
$142.9M
Q3 24
$-3.2M
$55.4M
Q2 24
$-14.2M
$51.1M
Q1 24
$-28.4M
$17.4M
Free Cash Flow
FAT
FAT
SYBT
SYBT
Q4 25
$154.0M
Q3 25
$-16.9M
$35.2M
Q2 25
$-29.3M
$53.5M
Q1 25
$-17.8M
$17.8M
Q4 24
$-11.0M
$133.0M
Q3 24
$-11.1M
$53.9M
Q2 24
$-24.4M
$47.9M
Q1 24
$-32.5M
$15.6M
FCF Margin
FAT
FAT
SYBT
SYBT
Q4 25
147.5%
Q3 25
-12.1%
34.6%
Q2 25
-20.0%
54.7%
Q1 25
-12.5%
19.1%
Q4 24
-7.6%
142.3%
Q3 24
-7.7%
60.0%
Q2 24
-16.1%
55.9%
Q1 24
-21.4%
18.7%
Capex Intensity
FAT
FAT
SYBT
SYBT
Q4 25
11.5%
Q3 25
1.7%
3.0%
Q2 25
1.6%
2.5%
Q1 25
3.2%
2.1%
Q4 24
0.4%
10.5%
Q3 24
5.5%
1.7%
Q2 24
6.7%
3.8%
Q1 24
2.7%
2.2%
Cash Conversion
FAT
FAT
SYBT
SYBT
Q4 25
4.54×
Q3 25
1.05×
Q2 25
1.64×
Q1 25
0.59×
Q4 24
4.51×
Q3 24
1.89×
Q2 24
1.85×
Q1 24
0.67×

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%

SYBT
SYBT

Segment breakdown not available.

Related Comparisons