Chefs' Warehouse profit margin CHEF
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 2.1%
- Operating margin, 12 months
- 4.0%
- Net margin on a year earlier
- +0.3 pts
- Peer median
- 2.8%
Over the twelve months to Jun 26, 2026, Chefs' Warehouse kept 2.1% of its revenue as net profit, with an operating margin of 4.0% and a gross margin of 24.5%.
Five years earlier its net margin was −5.3%.
The median for 10 food Distribution stocks of a similar size is 2.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.7% | 3.5% | 24.2% |
| FY2024 | 1.5% | 3.4% | 24.1% |
| FY2023 | 1.0% | 2.9% | 23.7% |
| FY2022 | 1.1% | 3.3% | 23.7% |
| FY2021 | −0.3% | 0.6% | 22.4% |
| FY2020 | −7.5% | −9.2% | 22.3% |
| FY2019 | 1.5% | 3.2% | 24.3% |
| FY2018 | 1.4% | 3.4% | 25.4% |
| FY2017 | 1.1% | 3.2% | 25.3% |
| FY2016 | 0.3% | 4.0% | 25.3% |
| FY2015 | 1.5% | 3.9% | 25.6% |
| FY2014 | 1.7% | 3.9% | 24.6% |
| FY2013 | 2.5% | 5.4% | 25.6% |
| FY2012 | 3.0% | 6.0% | 26.0% |
| FY2011 | 1.9% | 6.9% | 26.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 2.1% | +0.3 pts | 4.0% | |
| Q1 FY26 | 1.9% | +0.2 pts | 3.7% | |
| Q4 FY25 | 1.7% | +0.3 pts | 3.5% | |
| Q3 FY25 | 1.8% | +0.6 pts | 3.7% | |
| Q2 FY25 | 1.8% | +0.6 pts | 3.6% | |
| Q1 FY25 | 1.6% | +0.7 pts | 3.5% | |
| Q4 FY24 | 1.5% | +0.5 pts | 3.4% | |
| Q3 FY24 | 1.3% | +0.7 pts | 3.2% | |
| Q2 FY24 | 1.1% | +0.4 pts | 3.1% | |
| Q1 FY24 | 1.0% | −0.0 pts | 2.9% | |
| Q4 FY23 | 1.0% | −0.1 pts | 2.9% | |
| Q3 FY23 | 0.6% | −0.9 pts | 2.8% |
Against its peers
Companies in Food Distribution nearest Chefs' Warehouse's size, closest first, today.
| Company | Profit margin |
|---|---|
| CHEFChefs' Warehouse | 2.1% |
| SEBSeaboard | 6.2% |
| ASHAshland | 2.8% |
| CENTCentral Garden & Pet | 5.4% |
| UNFIUnited Natural Foods | 0.3% |
| HWKNHawkins | 7.3% |
| ANDEAndersons | 1.6% |
| DPZDominos Pizza | 12.0% |
| PFGCPerformance Food | 0.5% |
| UVVUniversal | n/m |
| USFDUS Foods | 1.8% |
| Peer median | 2.8% |
Where Chefs' Warehouse ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Chefs' Warehouse
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.