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CHEF · Nasdaq · United States · Wholesale-Groceries, General Line
In shortChefs' Warehouse, Inc. is profitable, generates cash and carries moderate debt, with revenue growing (+9.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 3.5% | 28/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 1.7% | 27/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 12.7% | 63/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 7.5% | 50/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.05× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.24× | 42/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.16× | 24/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.49× | 19/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.86 | 45/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 2.1% | 28/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.21× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 21.9% | 30/100 |
| Operating margin volatility | 1.2% | 98/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 16.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 32.0% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,746 | 2,613 | 3,434 | 3,794 | 4,150 |
| Cost of revenue | 1,355 | 1,995 | 2,619 | 2,880 | 3,145 |
| Gross profit | 390 | 619 | 814 | 914 | 1,004 |
| Selling, general & admin | 379 | 518 | 705 | 785 | 850 |
| Operating income | 11 | 86 | 101 | 128 | 145 |
| Interest expense | 18 | 44 | 45 | 49 | 42 |
| Pre-tax income | (6.8) | 42 | 55 | 80 | 104 |
| Income tax | (1.9) | 14 | 21 | 24 | 31 |
| Net income | (4.9) | 28 | 35 | 55 | 72 |
| Diluted EPS | −$0.13 | $0.73 | $0.88 | $1.32 | $1.68 |
| Diluted shares (millions) | 37 | 39 | 46 | 46 | 46 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Chefs' Warehouse, Inc. are included in the Investor plan. Try free for 7 days →
2.86 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
9/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 26, 2026 · Data updated Apr 29, 2026