CHEF
The Chefs Warehouse Inc
NASDAQ: CHEF · CONSUMER DEFENSIVE · FOOD DISTRIBUTION
$75.70
+17.84% today
Updated 2026-04-29
Market cap
$3.09B
P/E ratio
45.06
P/S ratio
0.74x
EPS (TTM)
$1.68
Dividend yield
—
52W range
$53 – $79
Volume
0.5M
The Chefs Warehouse Inc (CHEF) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $271.07M | $330.12M | $400.63M | $480.29M | $673.54M | $836.63M | $1.06B | $1.19B | $1.30B | $1.44B | $1.59B | $1.11B | $1.75B | $2.61B | $3.43B | $3.79B | $4.15B |
| Revenue growth (YoY) | — | +21.8% | +21.4% | +19.9% | +40.2% | +24.2% | +26.6% | +12.6% | +9.1% | +11.0% | +10.2% | -30.2% | +57.0% | +49.7% | +31.4% | +10.5% | +9.4% |
| Cost of revenue | $199.76M | $244.34M | $294.70M | $355.29M | $501.18M | $630.57M | $789.46M | $891.65M | $972.14M | $1.08B | $1.19B | $863.48M | $1.36B | $1.99B | $2.62B | $2.88B | $3.15B |
| Gross profit | $71.31M | $85.78M | $105.93M | $125.00M | $172.36M | $206.05M | $269.53M | $301.22M | $329.38M | $367.05M | $406.35M | $248.15M | $390.49M | $618.64M | $814.47M | $914.15M | $1.00B |
| Gross margin | 26.3% | 26.0% | 26.4% | 26.0% | 25.6% | 24.6% | 25.5% | 25.3% | 25.3% | 25.4% | 25.5% | 22.3% | 22.4% | 23.7% | 23.7% | 24.1% | 24.2% |
| R&D | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $57.98M | $64.21M | $77.95M | $95.42M | $98.78M | $128.23M | $173.58M | $201.95M | $218.72M | $316.84M | $27.41M | $336.39M | $379.25M | $518.22M | $668.18M | $784.85M | $849.79M |
| Operating income | $13.33M | $21.57M | $27.80M | $28.77M | $36.58M | $33.01M | $40.40M | $47.24M | $41.13M | $48.76M | $50.77M | $-102.66M | $10.81M | $85.74M | $100.94M | $128.21M | $153.11M |
| Operating margin | 4.9% | 6.5% | 6.9% | 6.0% | 5.4% | 3.9% | 3.8% | 4.0% | 3.2% | 3.4% | 3.2% | -9.2% | 0.6% | 3.3% | 2.9% | 3.4% | 3.7% |
| EBITDA | $15.51M | $23.87M | $29.59M | $32.68M | $43.89M | $41.26M | $56.11M | $43.51M | $61.67M | $70.96M | $76.76M | $-68.69M | $47.18M | $125.71M | $156.55M | $193.14M | $223.24M |
| EBITDA margin | 5.7% | 7.2% | 7.4% | 6.8% | 6.5% | 4.9% | 5.3% | 3.6% | 4.7% | 4.9% | 4.8% | -6.2% | 2.7% | 4.8% | 4.6% | 5.1% | 5.4% |
| EBIT | $13.99M | $22.48M | $27.87M | $28.75M | $36.57M | $33.02M | $40.70M | $25.00M | $41.12M | $48.76M | $50.77M | $-102.66M | $10.81M | $85.74M | $100.94M | $128.21M | $145.11M |
| Interest expense | $2.81M | $4.04M | $14.57M | $3.67M | $7.78M | $8.17M | $12.98M | $41.63M | $22.71M | $20.75M | $18.26M | $20.95M | $17.59M | $43.85M | $45.47M | $48.67M | $41.56M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $8.96M | $15.87M | $7.70M | $14.51M | $16.99M | $14.21M | $16.21M | $3.02M | $14.37M | $20.40M | $24.19M | $-82.90M | $-4.92M | $27.75M | $34.59M | $55.48M | $72.36M |
| Net income growth (YoY) | — | +77.1% | -51.5% | +88.5% | +17.1% | -16.3% | +14.0% | -81.3% | +375.2% | +42.0% | +18.6% | -442.7% | +94.1% | +663.7% | +24.6% | +60.4% | +30.4% |
| Profit margin | 3.3% | 4.8% | 1.9% | 3.0% | 2.5% | 1.7% | 1.5% | 0.3% | 1.1% | 1.4% | 1.5% | -7.5% | -0.3% | 1.1% | 1.0% | 1.5% | 1.7% |