The Chefs' Warehouse
CHEF
111.01
-0.20
-0.18%
The Chefs' Warehouse
US · CHEF
#2181 by market cap
Listed 1970
111.01
-0.20
-0.18%
Live - 5344 symbols - heartbeat 352s ago
· 2026-10-07 19:54
After-hours
111.01
0.00%
- Market cap
- 4.53B
- P/E (TTM)i
- 52.86
- P/Bi
- 6.99
- EPSi
- 1.68
- Div yieldi
- 0.00%
- 52W posi
- 88%
Reader sentiment
Are you bullish or bearish on CHEF?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 4.64, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +9.36% YoY
Margins
- Gross margin
- 24.20%
- Operating margin
- 3.69%
- Net margin
- 1.74%
Key ratios & quality
- Enterprise valuei
- 5.18B
- PEG ratioi
- 1.40
- Altman Z-Scorei
- 4.64
PEG uses trailing P/E against the 3-year net income growth rate (37.64%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.44B | 1.59B | 1.11B | 1.75B | 2.61B | 3.43B | 3.79B | 4.15B |
| Gross profit | 348.92M | 386.57M | 248.15M | 390.49M | 618.64M | 814.47M | 914.15M | 1.00B |
| Selling & admin expenses | 298.10M | 329.54M | 336.39M | 379.25M | 518.22M | 704.76M | 784.85M | 849.79M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 48.59M | 50.67M | -102.66M | 10.81M | 85.74M | 100.94M | 128.21M | 153.11M |
| Pretax profit | 27.84M | 32.40M | -123.61M | -6.78M | 41.89M | 55.47M | 79.53M | 103.54M |
| Tax | 7.44M | 8.21M | -40.70M | -1.85M | 14.14M | 20.88M | 24.05M | 31.18M |
| Net profit | 20.40M | 24.19M | -82.90M | -4.92M | 27.75M | 34.59M | 55.48M | 72.36M |
| Basic EPS | 1 | 1 | -2 | 0 | 1 | 1 | 1 | 2 |
| Diluted EPS | 0.70 | 0.81 | -2.46 | -0.13 | 0.73 | 0.88 | 1.32 | 1.68 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 950.75M | 1.03B | 1.02B | 1.14B | 1.06B | 1.17B |
| Gross profit | 226.00M | 254.34M | 247.19M | 276.57M | 257.37M | 292.89M |
| Selling & admin expenses | 202.76M | 213.75M | 208.13M | 225.15M | 224.15M | 234.18M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 22.74M | 40.22M | 38.94M | 51.22M | 33.13M | 58.63M |
| Pretax profit | 12.48M | 29.50M | 28.40M | 33.16M | 22.74M | 49.22M |
| Tax | 2.19M | 8.26M | 9.25M | 11.47M | 5.37M | 15.45M |
| Net profit | 10.29M | 21.24M | 19.15M | 21.68M | 17.37M | 33.77M |
| Basic EPS | 0 | 1 | 1 | 1 | 0 | 1 |
| Diluted EPS | 0.25 | 0.49 | 0.44 | 0.50 | 0.40 | 0.76 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 328.74M | 453.16M | 405.66M | 469.96M | 720.86M | 730.94M | 868.04M | 969.89M |
| Cash & ST investments | 42.41M | 140.23M | 193.28M | 115.16M | 158.80M | 49.88M | 114.66M | 120.98M |
| Inventory | 112.61M | 124.06M | 82.52M | 144.49M | 245.69M | 284.53M | 316.01M | 385.72M |
| Total assets | 732.40M | 1.01B | 974.33M | 1.07B | 1.51B | 1.71B | 1.86B | 2.03B |
| Total current liabilities | 125.54M | 150.15M | 118.10M | 197.02M | 283.75M | 385.78M | 425.40M | 473.46M |
| Short-term debt | 61.00K | 18.17M | 23.26M | 21.02M | 31.86M | 77.43M | 40.01M | 53.03M |
| Long-term debt | 278.17M | 386.11M | 398.08M | 394.16M | 653.50M | 664.80M | 688.74M | 720.33M |
| Total liabilities | 423,722,000.00 | 677,746,000.00 | 629,735,000.00 | 723,584,000.00 | 1,107,787,000.00 | 1,250,634,000.00 | 1,321,045,000.00 | 1,423,698,000.00 |
| Total equity | 308.68M | 335.93M | 344.59M | 350.21M | 401.51M | 454.67M | 537.65M | 604.31M |
| Retained earnings | 103.27M | 125.44M | 42.53M | 37.61M | 65.36M | 99.95M | 141.94M | 201.65M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 835.02M | 883.45M | 868.98M | 969.89M | 930.93M | 975.77M |
| Cash & ST investments | 116.53M | 96.87M | 65.06M | 120.98M | 122.71M | 135.47M |
| Inventory | 316.85M | 367.91M | 385.39M | 385.72M | 364.04M | 379.84M |
| Total assets | 1.84B | 1.91B | 1.92B | 2.03B | 1.99B | 2.03B |
| Total current liabilities | 407.26M | 439.87M | 405.74M | 473.46M | 427.74M | 454.30M |
| Short-term debt | 42.17M | 41.12M | 45.60M | 53.03M | 54.54M | 55.23M |
| Long-term debt | 681.08M | 690.22M | 711.74M | 720.33M | 720.90M | 693.72M |
| Total liabilities | 1,296,936,000.00 | 1,349,536,000.00 | 1,339,398,000.00 | 1,423,698,000.00 | 1,381,136,000.00 | 1,377,937,000.00 |
| Total equity | 541.64M | 557.72M | 576.64M | 604.31M | 608.63M | 648.24M |
| Retained earnings | 152.23M | 165.02M | 179.96M | 201.65M | 210.59M | 244.36M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 45.08M | 45.01M | 42.88M | -19.90M | 23.13M | 61.64M | 153.06M | 129.22M |
| Depreciation & amortization | 22.21M | 25.99M | 33.28M | 34.97M | 38.25M | 55.61M | 64.93M | 78.13M |
| Free cash flow | 25.27M | 28.93M | 35.85M | -58.70M | -22.71M | 4.21M | 103.56M | 87.79M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | 0 | 85.94M | -- | 0 | 0 | -17.39M | -15.00M |
| Ending cash balance | 42.41M | 140.23M | 193.28M | 115.16M | 158.80M | 49.88M | 114.66M | 120.98M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 49.57M | 14.50M | -8.72M | 73.87M | 38.26M | 58.39M |
| Depreciation & amortization | 18.34M | 19.10M | 19.80M | 20.90M | 20.44M | 20.89M |
| Free cash flow | 37.22M | 4.52M | -19.73M | 65.78M | 30.56M | 49.17M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | -10.00M | -5.00M | 1.00K | -10.00M | 0 |
| Ending cash balance | 116.53M | 96.87M | 65.06M | 120.98M | 122.71M | 135.47M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 7.32 | 7.51 | -24.36 | -1.42 | 7.38 | 8.08 | 11.18 | 12.67 |
| ROA %i | 2.87 | 2.77 | -8.34 | -0.48 | 2.15 | 2.15 | 3.11 | 3.72 |
| ROIC %i | 6.17 | 5.23 | -7.93 | 0.89 | 5.33 | 4.81 | 6.31 | 6.69 |
| 5-year avg ROE %i | 7.06 | 6.52 | -0.29 | -0.89 | -0.71 | -0.56 | 0.17 | 7.58 |
| EBIT margin %i | 3.36 | 3.18 | -9.24 | 0.62 | 3.28 | 2.94 | 3.38 | 3.50 |
| FCF / sales %i | 1.75 | 1.82 | 3.22 | -- | -- | 0.12 | 2.73 | 2.12 |
| Current ratioi | 2.62 | 3.02 | 3.43 | 2.39 | 2.54 | 1.89 | 2.04 | 2.05 |
| Quick ratioi | 1.63 | 2.10 | 2.45 | 1.46 | 1.48 | 1.00 | 1.13 | 1.08 |
| Debt / assetsi | 37.99 | 51.78 | 54.45 | 50.52 | 55.44 | 54.32 | 49.27 | 48.07 |
| LT debt / equityi | 90.12 | 150.83 | 147.19 | 148.90 | 200.47 | 186.69 | 162.90 | 152.55 |
| Interest coveragei | 2.34 | 2.77 | -4.90 | 0.61 | 1.96 | 2.22 | 2.63 | 3.49 |
| Revenue CAGR (3Y) %i | 11.33 | 10.10 | -5.12 | 6.52 | 17.97 | 45.64 | 29.53 | 16.66 |
| Net income CAGR (3Y) %i | 7.97 | 100.02 | -- | -- | 4.68 | -- | -- | 37.64 |
| FCF CAGR (3Y) %i | 16.28 | 9.08 | 23.16 | -- | -- | -51.02 | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 12.90 | 13.64 | 14.12 | 12.67 | 13.81 | 15.25 |
| ROA %i | 3.64 | 3.84 | 4.04 | 3.72 | 4.15 | 4.68 |
| ROIC %i | 6.83 | 7.11 | 7.18 | 6.69 | 7.14 | 7.77 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 3.49 | 3.58 | 3.67 | 3.50 | 3.65 | 3.96 |
| FCF / sales %i | 3.28 | 2.99 | 2.14 | 2.12 | 1.91 | 2.86 |
| Current ratioi | 2.05 | 2.01 | 2.14 | 2.05 | 2.18 | 2.15 |
| Quick ratioi | 1.11 | 1.02 | 1.02 | 1.08 | 1.17 | 1.17 |
| Debt / assetsi | 49.60 | 48.76 | 49.80 | 48.07 | 49.16 | 46.72 |
| LT debt / equityi | 160.57 | 159.38 | 157.56 | 152.55 | 151.76 | 137.51 |
| Interest coveragei | 2.95 | 3.16 | 3.41 | 3.49 | 3.73 | 4.30 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Center-of-the-Plate is the largest reported line at 39.16% of revenue, across 8 reported segments.
- No single line clears half of revenue; Dry Goods is next at 15.90%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Center-of-the-Plate39.16%
Dry Goods15.90%
Produce14.22%
Pastry12.78%
Cheese and Charcuterie6.79%
Dairy and Eggs5.87%
Oils and Vinegars3.15%
Kitchen Supplies2.13%
Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.