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Chefs' Warehouse, Inc.（CHEF）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是Chefs' Warehouse, Inc.的1.1倍（$1.2B vs $1.1B），Sunrun Inc.净利率更高（8.9% vs 1.6%，领先7.3%），Sunrun Inc.同比增速更快（123.5% vs 11.4%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 5.3%）
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。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
CHEF vs RUN — 直观对比
营收规模更大
RUN
是对方的1.1倍
$1.1B
营收增速更快
RUN
高出112.1%
11.4%
净利率更高
RUN
高出7.3%
1.6%
两年增速更快
RUN
近两年复合增速
5.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $17.4M | $103.6M |
| 毛利率 | 24.3% | — |
| 营业利润率 | 3.1% | 8.4% |
| 净利率 | 1.6% | 8.9% |
| 营收同比 | 11.4% | 123.5% |
| 净利润同比 | 68.8% | 103.7% |
| 每股收益（稀释后） | $0.40 | $0.38 |
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CHEFRUN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.0B | $724.6M | ||
| Q2 25 | $1.0B | $569.3M | ||
| Q1 25 | $950.7M | $504.3M | ||
| Q4 24 | $1.0B | $518.5M | ||
| Q3 24 | $931.5M | $537.2M | ||
| Q2 24 | $954.7M | $523.9M |
净利润CHEFRUN
| Q1 26 | $17.4M | — | ||
| Q4 25 | $21.7M | $103.6M | ||
| Q3 25 | $19.1M | $16.6M | ||
| Q2 25 | $21.2M | $279.8M | ||
| Q1 25 | $10.3M | $50.0M | ||
| Q4 24 | $23.9M | $-2.8B | ||
| Q3 24 | $14.1M | $-83.8M | ||
| Q2 24 | $15.5M | $139.1M |
毛利率CHEFRUN
| Q1 26 | 24.3% | — | ||
| Q4 25 | 24.2% | — | ||
| Q3 25 | 24.2% | — | ||
| Q2 25 | 24.6% | — | ||
| Q1 25 | 23.8% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 24.1% | — | ||
| Q2 24 | 24.0% | — |
营业利润率CHEFRUN
| Q1 26 | 3.1% | — | ||
| Q4 25 | 3.8% | 8.4% | ||
| Q3 25 | 3.8% | 0.5% | ||
| Q2 25 | 3.9% | -19.7% | ||
| Q1 25 | 2.4% | -22.8% | ||
| Q4 24 | 4.5% | -628.0% | ||
| Q3 24 | 3.4% | -23.8% | ||
| Q2 24 | 3.5% | -24.4% |
净利率CHEFRUN
| Q1 26 | 1.6% | — | ||
| Q4 25 | 1.9% | 8.9% | ||
| Q3 25 | 1.9% | 2.3% | ||
| Q2 25 | 2.1% | 49.1% | ||
| Q1 25 | 1.1% | 9.9% | ||
| Q4 24 | 2.3% | -542.7% | ||
| Q3 24 | 1.5% | -15.6% | ||
| Q2 24 | 1.6% | 26.5% |
每股收益（稀释后）CHEFRUN
| Q1 26 | $0.40 | — | ||
| Q4 25 | $0.50 | $0.38 | ||
| Q3 25 | $0.44 | $0.06 | ||
| Q2 25 | $0.49 | $1.07 | ||
| Q1 25 | $0.25 | $0.20 | ||
| Q4 24 | $0.56 | $-12.59 | ||
| Q3 24 | $0.34 | $-0.37 | ||
| Q2 24 | $0.37 | $0.55 |
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 | $122.7M | — |
| 总债务越低越好 | $750.4M | $14.7B |
| 股东权益账面价值 | $608.6M | $3.1B |
| 总资产 | $2.0B | $22.6B |
| 负债/权益比越低杠杆越低 | 1.23× | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资CHEFRUN
| Q1 26 | $122.7M | — | ||
| Q4 25 | $121.0M | — | ||
| Q3 25 | $65.1M | — | ||
| Q2 25 | $96.9M | — | ||
| Q1 25 | $116.5M | — | ||
| Q4 24 | $114.7M | — | ||
| Q3 24 | $50.7M | — | ||
| Q2 24 | $38.3M | — |
总债务CHEFRUN
| Q1 26 | $750.4M | — | ||
| Q4 25 | $720.3M | $14.7B | ||
| Q3 25 | $711.7M | $14.6B | ||
| Q2 25 | $690.2M | $14.0B | ||
| Q1 25 | $681.1M | $13.6B | ||
| Q4 24 | $688.7M | $12.9B | ||
| Q3 24 | $666.6M | $12.5B | ||
| Q2 24 | $660.8M | $12.0B |
股东权益CHEFRUN
| Q1 26 | $608.6M | — | ||
| Q4 25 | $604.3M | $3.1B | ||
| Q3 25 | $576.6M | $3.0B | ||
| Q2 25 | $557.7M | $2.9B | ||
| Q1 25 | $541.6M | $2.6B | ||
| Q4 24 | $537.6M | $2.6B | ||
| Q3 24 | $480.3M | $5.3B | ||
| Q2 24 | $461.9M | $5.4B |
总资产CHEFRUN
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $22.6B | ||
| Q3 25 | $1.9B | $22.2B | ||
| Q2 25 | $1.9B | $21.2B | ||
| Q1 25 | $1.8B | $20.4B | ||
| Q4 24 | $1.9B | $19.9B | ||
| Q3 24 | $1.8B | $22.1B | ||
| Q2 24 | $1.7B | $21.4B |
负债/权益比CHEFRUN
| Q1 26 | 1.23× | — | ||
| Q4 25 | 1.19× | 4.69× | ||
| Q3 25 | 1.23× | 4.90× | ||
| Q2 25 | 1.24× | 4.80× | ||
| Q1 25 | 1.26× | 5.19× | ||
| Q4 24 | 1.28× | 5.05× | ||
| Q3 24 | 1.39× | 2.36× | ||
| Q2 24 | 1.43× | 2.23× |
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 | $38.3M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | 2.20× | 0.94× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CHEFRUN
| Q1 26 | $38.3M | — | ||
| Q4 25 | $73.9M | $96.9M | ||
| Q3 25 | $-8.7M | $-121.5M | ||
| Q2 25 | $14.5M | $-292.7M | ||
| Q1 25 | $49.6M | $-104.2M | ||
| Q4 24 | $73.0M | $-258.4M | ||
| Q3 24 | $19.8M | $-156.2M | ||
| Q2 24 | $29.3M | $-208.5M |
自由现金流CHEFRUN
| Q1 26 | — | — | ||
| Q4 25 | $65.8M | — | ||
| Q3 25 | $-19.7M | — | ||
| Q2 25 | $4.5M | — | ||
| Q1 25 | $37.2M | — | ||
| Q4 24 | $64.6M | — | ||
| Q3 24 | $11.8M | $-156.4M | ||
| Q2 24 | $13.3M | — |
自由现金流率CHEFRUN
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | — | ||
| Q3 25 | -1.9% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 3.9% | — | ||
| Q4 24 | 6.3% | — | ||
| Q3 24 | 1.3% | -29.1% | ||
| Q2 24 | 1.4% | — |
资本支出强度CHEFRUN
| Q1 26 | 0.7% | — | ||
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.9% | 0.0% | ||
| Q2 24 | 1.7% | — |
现金转化率CHEFRUN
| Q1 26 | 2.20× | — | ||
| Q4 25 | 3.41× | 0.94× | ||
| Q3 25 | -0.46× | -7.33× | ||
| Q2 25 | 0.68× | -1.05× | ||
| Q1 25 | 4.82× | -2.08× | ||
| Q4 24 | 3.05× | — | ||
| Q3 24 | 1.41× | — | ||
| Q2 24 | 1.89× | -1.50× |
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
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
