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Chefs' Warehouse, Inc.（CHEF）与哈贝尔（HUBB）财务数据对比。点击上方公司名可切换其他公司
哈贝尔的季度营收约是Chefs' Warehouse, Inc.的1.3倍（$1.5B vs $1.1B），哈贝尔净利率更高（14.6% vs 1.9%，领先12.7%），哈贝尔同比增速更快（11.9% vs 10.5%），哈贝尔自由现金流更多（$388.8M vs $65.8M），过去两年Chefs' Warehouse, Inc.的营收复合增速更高（14.3% vs 3.3%）
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。
哈贝尔（Hubbell Incorporated）是总部位于美国康涅狄格州谢尔顿的企业，由哈维·哈贝尔于1888年创立，1905年在康涅狄格州正式注册。公司主营电气及电子产品的设计、生产与销售，产品广泛应用于住宅、非住宅建筑、工业及公用事业等多个领域。
CHEF vs HUBB — 直观对比
营收规模更大
HUBB
是对方的1.3倍
$1.1B
营收增速更快
HUBB
高出1.3%
10.5%
净利率更高
HUBB
高出12.7%
1.9%
自由现金流更多
HUBB
多$323.0M
$65.8M
两年增速更快
CHEF
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.5B |
| 净利润 | $21.7M | $217.7M |
| 毛利率 | 24.2% | 34.6% |
| 营业利润率 | 3.8% | 20.3% |
| 净利率 | 1.9% | 14.6% |
| 营收同比 | 10.5% | 11.9% |
| 净利润同比 | -9.4% | 10.5% |
| 每股收益（稀释后） | $0.50 | $4.06 |
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CHEFHUBB
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $950.7M | $1.4B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $931.5M | $1.4B | ||
| Q2 24 | $954.7M | $1.5B | ||
| Q1 24 | $874.5M | $1.4B |
净利润CHEFHUBB
| Q4 25 | $21.7M | $217.7M | ||
| Q3 25 | $19.1M | $255.5M | ||
| Q2 25 | $21.2M | $244.2M | ||
| Q1 25 | $10.3M | $169.7M | ||
| Q4 24 | $23.9M | $197.0M | ||
| Q3 24 | $14.1M | $219.4M | ||
| Q2 24 | $15.5M | $213.6M | ||
| Q1 24 | $1.9M | $147.8M |
毛利率CHEFHUBB
| Q4 25 | 24.2% | 34.6% | ||
| Q3 25 | 24.2% | 36.2% | ||
| Q2 25 | 24.6% | 37.2% | ||
| Q1 25 | 23.8% | 33.1% | ||
| Q4 24 | 24.3% | 33.8% | ||
| Q3 24 | 24.1% | 34.5% | ||
| Q2 24 | 24.0% | 35.0% | ||
| Q1 24 | 23.9% | 32.0% |
营业利润率CHEFHUBB
| Q4 25 | 3.8% | 20.3% | ||
| Q3 25 | 3.8% | 22.0% | ||
| Q2 25 | 3.9% | 22.7% | ||
| Q1 25 | 2.4% | 17.5% | ||
| Q4 24 | 4.5% | 19.3% | ||
| Q3 24 | 3.4% | 21.1% | ||
| Q2 24 | 3.5% | 20.7% | ||
| Q1 24 | 1.8% | 16.3% |
净利率CHEFHUBB
| Q4 25 | 1.9% | 14.6% | ||
| Q3 25 | 1.9% | 17.0% | ||
| Q2 25 | 2.1% | 16.5% | ||
| Q1 25 | 1.1% | 12.4% | ||
| Q4 24 | 2.3% | 14.8% | ||
| Q3 24 | 1.5% | 15.2% | ||
| Q2 24 | 1.6% | 14.7% | ||
| Q1 24 | 0.2% | 10.6% |
每股收益（稀释后）CHEFHUBB
| Q4 25 | $0.50 | $4.06 | ||
| Q3 25 | $0.44 | $4.77 | ||
| Q2 25 | $0.49 | $4.56 | ||
| Q1 25 | $0.25 | $3.15 | ||
| Q4 24 | $0.56 | $3.65 | ||
| Q3 24 | $0.34 | $4.05 | ||
| Q2 24 | $0.37 | $3.94 | ||
| Q1 24 | $0.05 | $2.73 |
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 | $121.0M | $497.9M |
| 总债务越低越好 | $720.3M | — |
| 股东权益账面价值 | $604.3M | $3.8B |
| 总资产 | $2.0B | $8.2B |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资CHEFHUBB
| Q4 25 | $121.0M | $497.9M | ||
| Q3 25 | $65.1M | $680.9M | ||
| Q2 25 | $96.9M | $399.6M | ||
| Q1 25 | $116.5M | $360.3M | ||
| Q4 24 | $114.7M | $345.0M | ||
| Q3 24 | $50.7M | $445.6M | ||
| Q2 24 | $38.3M | $406.5M | ||
| Q1 24 | $42.3M | $400.3M |
总债务CHEFHUBB
| Q4 25 | $720.3M | — | ||
| Q3 25 | $711.7M | $1.4B | ||
| Q2 25 | $690.2M | $1.4B | ||
| Q1 25 | $681.1M | $1.4B | ||
| Q4 24 | $688.7M | $1.4B | ||
| Q3 24 | $666.6M | $1.7B | ||
| Q2 24 | $660.8M | $1.9B | ||
| Q1 24 | $667.3M | $1.9B |
股东权益CHEFHUBB
| Q4 25 | $604.3M | $3.8B | ||
| Q3 25 | $576.6M | $3.7B | ||
| Q2 25 | $557.7M | $3.5B | ||
| Q1 25 | $541.6M | $3.3B | ||
| Q4 24 | $537.6M | $3.3B | ||
| Q3 24 | $480.3M | $3.2B | ||
| Q2 24 | $461.9M | $3.1B | ||
| Q1 24 | $447.8M | $2.9B |
总资产CHEFHUBB
| Q4 25 | $2.0B | $8.2B | ||
| Q3 25 | $1.9B | $7.5B | ||
| Q2 25 | $1.9B | $7.1B | ||
| Q1 25 | $1.8B | $6.9B | ||
| Q4 24 | $1.9B | $6.7B | ||
| Q3 24 | $1.8B | $6.9B | ||
| Q2 24 | $1.7B | $6.9B | ||
| Q1 24 | $1.7B | $6.9B |
负债/权益比CHEFHUBB
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.23× | 0.39× | ||
| Q2 25 | 1.24× | 0.41× | ||
| Q1 25 | 1.26× | 0.44× | ||
| Q4 24 | 1.28× | 0.44× | ||
| Q3 24 | 1.39× | 0.51× | ||
| Q2 24 | 1.43× | 0.63× | ||
| Q1 24 | 1.49× | 0.65× |
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 | $73.9M | $447.5M |
| 自由现金流经营现金流 - 资本支出 | $65.8M | $388.8M |
| 自由现金流率自由现金流/营收 | 5.8% | 26.0% |
| 资本支出强度资本支出/营收 | 0.7% | 3.9% |
| 现金转化率经营现金流/净利润 | 3.41× | 2.06× |
| 过去12个月自由现金流最近4个季度 | $87.8M | $874.7M |
8季度趋势，按日历期对齐
经营现金流CHEFHUBB
| Q4 25 | $73.9M | $447.5M | ||
| Q3 25 | $-8.7M | $284.3M | ||
| Q2 25 | $14.5M | $260.6M | ||
| Q1 25 | $49.6M | $37.4M | ||
| Q4 24 | $73.0M | $432.4M | ||
| Q3 24 | $19.8M | $227.0M | ||
| Q2 24 | $29.3M | $239.6M | ||
| Q1 24 | $30.9M | $92.2M |
自由现金流CHEFHUBB
| Q4 25 | $65.8M | $388.8M | ||
| Q3 25 | $-19.7M | $253.8M | ||
| Q2 25 | $4.5M | $220.7M | ||
| Q1 25 | $37.2M | $11.4M | ||
| Q4 24 | $64.6M | $364.4M | ||
| Q3 24 | $11.8M | $188.8M | ||
| Q2 24 | $13.3M | $205.7M | ||
| Q1 24 | $13.8M | $51.9M |
自由现金流率CHEFHUBB
| Q4 25 | 5.8% | 26.0% | ||
| Q3 25 | -1.9% | 16.9% | ||
| Q2 25 | 0.4% | 14.9% | ||
| Q1 25 | 3.9% | 0.8% | ||
| Q4 24 | 6.3% | 27.3% | ||
| Q3 24 | 1.3% | 13.1% | ||
| Q2 24 | 1.4% | 14.2% | ||
| Q1 24 | 1.6% | 3.7% |
资本支出强度CHEFHUBB
| Q4 25 | 0.7% | 3.9% | ||
| Q3 25 | 1.1% | 2.0% | ||
| Q2 25 | 1.0% | 2.7% | ||
| Q1 25 | 1.3% | 1.9% | ||
| Q4 24 | 0.8% | 5.1% | ||
| Q3 24 | 0.9% | 2.6% | ||
| Q2 24 | 1.7% | 2.3% | ||
| Q1 24 | 2.0% | 2.9% |
现金转化率CHEFHUBB
| Q4 25 | 3.41× | 2.06× | ||
| Q3 25 | -0.46× | 1.11× | ||
| Q2 25 | 0.68× | 1.07× | ||
| Q1 25 | 4.82× | 0.22× | ||
| Q4 24 | 3.05× | 2.19× | ||
| Q3 24 | 1.41× | 1.03× | ||
| Q2 24 | 1.89× | 1.12× | ||
| Q1 24 | 16.00× | 0.62× |
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
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% |
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
