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安捷伦科技（A）与Chefs' Warehouse, Inc.（CHEF）财务数据对比。点击上方公司名可切换其他公司
安捷伦科技的季度营收约是Chefs' Warehouse, Inc.的1.6倍（$1.8B vs $1.1B），安捷伦科技净利率更高（17.0% vs 1.9%，领先15.1%），Chefs' Warehouse, Inc.同比增速更快（10.5% vs 7.0%），安捷伦科技自由现金流更多（$175.0M vs $65.8M），过去两年Chefs' Warehouse, Inc.的营收复合增速更高（14.3% vs 6.9%）
安捷伦科技是全球知名的生命科学、诊断与应用化学领域解决方案提供商，旗下生命科学与应用市场业务板块提供液相色谱系统及组件、液相色谱质谱联用系统、气相色谱设备、电感耦合等离子体质谱仪、原子吸收仪等多种分析检测仪器，服务全球各领域客户。
Chefs' Warehouse, Inc. 是一家北美专业食品分销商，服务对象包括独立餐厅、高端餐饮场所、酒店、餐饮服务商等食品服务运营商，供应超15万种精选产品，涵盖手工食材、特色肉类、海鲜、乳制品、进口高端美食等，适配专业厨师的使用需求。
A vs CHEF — 直观对比
营收规模更大
A
是对方的1.6倍
$1.1B
营收增速更快
CHEF
高出3.6%
7.0%
净利率更高
A
高出15.1%
1.9%
自由现金流更多
A
多$109.2M
$65.8M
两年增速更快
CHEF
近两年复合增速
6.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.1B |
| 净利润 | $305.0M | $21.7M |
| 毛利率 | 52.6% | 24.2% |
| 营业利润率 | 19.6% | 3.8% |
| 净利率 | 17.0% | 1.9% |
| 营收同比 | 7.0% | 10.5% |
| 净利润同比 | -4.1% | -9.4% |
| 每股收益（稀释后） | $1.07 | $0.50 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACHEF
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.9B | $1.1B | ||
| Q3 25 | $1.7B | $1.0B | ||
| Q2 25 | $1.7B | $1.0B | ||
| Q1 25 | $1.7B | $950.7M | ||
| Q4 24 | $1.7B | $1.0B | ||
| Q3 24 | $1.6B | $931.5M | ||
| Q2 24 | $1.6B | $954.7M |
净利润ACHEF
| Q1 26 | $305.0M | — | ||
| Q4 25 | $434.0M | $21.7M | ||
| Q3 25 | $336.0M | $19.1M | ||
| Q2 25 | $215.0M | $21.2M | ||
| Q1 25 | $318.0M | $10.3M | ||
| Q4 24 | $351.0M | $23.9M | ||
| Q3 24 | $282.0M | $14.1M | ||
| Q2 24 | $308.0M | $15.5M |
毛利率ACHEF
| Q1 26 | 52.6% | — | ||
| Q4 25 | 53.2% | 24.2% | ||
| Q3 25 | 51.1% | 24.2% | ||
| Q2 25 | 51.9% | 24.6% | ||
| Q1 25 | 53.5% | 23.8% | ||
| Q4 24 | 53.9% | 24.3% | ||
| Q3 24 | 54.2% | 24.1% | ||
| Q2 24 | 54.4% | 24.0% |
营业利润率ACHEF
| Q1 26 | 19.6% | — | ||
| Q4 25 | 23.8% | 3.8% | ||
| Q3 25 | 20.7% | 3.8% | ||
| Q2 25 | 18.0% | 3.9% | ||
| Q1 25 | 22.4% | 2.4% | ||
| Q4 24 | 24.0% | 4.5% | ||
| Q3 24 | 21.1% | 3.4% | ||
| Q2 24 | 23.1% | 3.5% |
净利率ACHEF
| Q1 26 | 17.0% | — | ||
| Q4 25 | 23.3% | 1.9% | ||
| Q3 25 | 19.3% | 1.9% | ||
| Q2 25 | 12.9% | 2.1% | ||
| Q1 25 | 18.9% | 1.1% | ||
| Q4 24 | 20.6% | 2.3% | ||
| Q3 24 | 17.9% | 1.5% | ||
| Q2 24 | 19.6% | 1.6% |
每股收益（稀释后）ACHEF
| Q1 26 | $1.07 | — | ||
| Q4 25 | $1.53 | $0.50 | ||
| Q3 25 | $1.18 | $0.44 | ||
| Q2 25 | $0.75 | $0.49 | ||
| Q1 25 | $1.11 | $0.25 | ||
| Q4 24 | $1.23 | $0.56 | ||
| Q3 24 | $0.97 | $0.34 | ||
| Q2 24 | $1.05 | $0.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.8B | $121.0M |
| 总债务越低越好 | $3.0B | $720.3M |
| 股东权益账面价值 | $6.9B | $604.3M |
| 总资产 | $12.8B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.44× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资ACHEF
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $121.0M | ||
| Q3 25 | $1.5B | $65.1M | ||
| Q2 25 | $1.5B | $96.9M | ||
| Q1 25 | $1.5B | $116.5M | ||
| Q4 24 | $1.3B | $114.7M | ||
| Q3 24 | $1.8B | $50.7M | ||
| Q2 24 | $1.7B | $38.3M |
总债务ACHEF
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $720.3M | ||
| Q3 25 | $3.4B | $711.7M | ||
| Q2 25 | $3.3B | $690.2M | ||
| Q1 25 | $3.3B | $681.1M | ||
| Q4 24 | $3.3B | $688.7M | ||
| Q3 24 | $2.1B | $666.6M | ||
| Q2 24 | $2.1B | $660.8M |
股东权益ACHEF
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.7B | $604.3M | ||
| Q3 25 | $6.4B | $576.6M | ||
| Q2 25 | $6.1B | $557.7M | ||
| Q1 25 | $6.0B | $541.6M | ||
| Q4 24 | $5.9B | $537.6M | ||
| Q3 24 | $5.9B | $480.3M | ||
| Q2 24 | $6.2B | $461.9M |
总资产ACHEF
| Q1 26 | $12.8B | — | ||
| Q4 25 | $12.7B | $2.0B | ||
| Q3 25 | $12.2B | $1.9B | ||
| Q2 25 | $12.2B | $1.9B | ||
| Q1 25 | $11.9B | $1.8B | ||
| Q4 24 | $11.8B | $1.9B | ||
| Q3 24 | $11.0B | $1.8B | ||
| Q2 24 | $10.9B | $1.7B |
负债/权益比ACHEF
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.45× | 1.19× | ||
| Q3 25 | 0.53× | 1.23× | ||
| Q2 25 | 0.55× | 1.24× | ||
| Q1 25 | 0.56× | 1.26× | ||
| Q4 24 | 0.57× | 1.28× | ||
| Q3 24 | 0.36× | 1.39× | ||
| Q2 24 | 0.34× | 1.43× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $268.0M | $73.9M |
| 自由现金流经营现金流 - 资本支出 | $175.0M | $65.8M |
| 自由现金流率自由现金流/营收 | 9.7% | 5.8% |
| 资本支出强度资本支出/营收 | 5.2% | 0.7% |
| 现金转化率经营现金流/净利润 | 0.88× | 3.41× |
| 过去12个月自由现金流最近4个季度 | $993.0M | $87.8M |
8季度趋势，按日历期对齐
经营现金流ACHEF
| Q1 26 | $268.0M | — | ||
| Q4 25 | $545.0M | $73.9M | ||
| Q3 25 | $362.0M | $-8.7M | ||
| Q2 25 | $221.0M | $14.5M | ||
| Q1 25 | $431.0M | $49.6M | ||
| Q4 24 | $481.0M | $73.0M | ||
| Q3 24 | $452.0M | $19.8M | ||
| Q2 24 | $333.0M | $29.3M |
自由现金流ACHEF
| Q1 26 | $175.0M | — | ||
| Q4 25 | $452.0M | $65.8M | ||
| Q3 25 | $259.0M | $-19.7M | ||
| Q2 25 | $107.0M | $4.5M | ||
| Q1 25 | $334.0M | $37.2M | ||
| Q4 24 | $388.0M | $64.6M | ||
| Q3 24 | $360.0M | $11.8M | ||
| Q2 24 | $230.0M | $13.3M |
自由现金流率ACHEF
| Q1 26 | 9.7% | — | ||
| Q4 25 | 24.3% | 5.8% | ||
| Q3 25 | 14.9% | -1.9% | ||
| Q2 25 | 6.4% | 0.4% | ||
| Q1 25 | 19.9% | 3.9% | ||
| Q4 24 | 22.8% | 6.3% | ||
| Q3 24 | 22.8% | 1.3% | ||
| Q2 24 | 14.6% | 1.4% |
资本支出强度ACHEF
| Q1 26 | 5.2% | — | ||
| Q4 25 | 5.0% | 0.7% | ||
| Q3 25 | 5.9% | 1.1% | ||
| Q2 25 | 6.8% | 1.0% | ||
| Q1 25 | 5.8% | 1.3% | ||
| Q4 24 | 5.5% | 0.8% | ||
| Q3 24 | 5.8% | 0.9% | ||
| Q2 24 | 6.5% | 1.7% |
现金转化率ACHEF
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.26× | 3.41× | ||
| Q3 25 | 1.08× | -0.46× | ||
| Q2 25 | 1.03× | 0.68× | ||
| Q1 25 | 1.36× | 4.82× | ||
| Q4 24 | 1.37× | 3.05× | ||
| Q3 24 | 1.60× | 1.41× | ||
| Q2 24 | 1.08× | 1.89× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
A
| Service Other | $525.0M | 29% |
| Chemicaland Energy Market | $422.0M | 23% |
| Agilent Cross Lab | $273.0M | 15% |
| Environmentaland Forensics Market | $177.0M | 10% |
| Food Market | $166.0M | 9% |
| Academiaand Government Market | $130.0M | 7% |
| Applied Markets | $98.0M | 5% |
CHEF
| Center Of The Plate Product | $459.1M | 40% |
| Dry Goods Product | $175.7M | 15% |
| Pastry Product | $160.5M | 14% |
| Produce | $147.9M | 13% |
| Cheese And Charcuterie Product | $75.3M | 7% |
| Dairy And Eggs Product | $69.2M | 6% |
| Oils And Vinegar Product | $32.4M | 3% |
| Kitchen Supplies Product | $22.4M | 2% |
