Chefs' Warehouse, Inc. (CHEF)
As-reported financials and SEC filings for Chefs' Warehouse, Inc. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About Chefs' Warehouse, Inc.
Chefs' Warehouse, Inc. is a distributor of specialty food and center-of-the-plate products serving chefs and culinary professionals in the United States, the Middle East, and Canada. The company offers a wide range of gourmet and high-quality food items, including artisan cheeses, custom-cut meats, seafood, produce, and specialty ingredients sourced globally. It serves over 55,000 customer locations such as independent restaurants, hotels, caterers, culinary schools, and specialty food stores through a network of 44 distribution centers.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 26, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Chefs' Warehouse
- Revenue grew 9.4% to $4.1B in FY2025, in line with the 10.5% the year before.
- Operating margin is 3.5% in FY2025, +2.9 pp against 0.6% in FY2021.
- Most recent quarter Q1 FY2026: revenue $1.1B, up 11.4% from Q1 FY2025.
- Free cash flow was $88M in FY2025, 2.1% of revenue.
- Net income rose 30.4% to $72M in FY2025.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Chefs' Warehouse’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Chefs' Warehouse’s P/E of 53.3 ranks in the 88th percentile of the 435 peers with a meaningful P/E.
No reported insider purchases (code P) in the last 90 days; 10 insider sales totaling $15.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Institutional ownership
Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| D. E. Shawquant | Q2 2026 | $63.9M | 664.5K | Added |
| First Eagle Investment Management | Q2 2026 | $17.4M | 181.5K | Added |
| Millennium Managementquant | Q2 2026 | $14.1M | 146.7K | Added |
| Renaissance Technologiesquant | Q2 2026 | $6.1M | 63.7K | New |
| Citadel Advisorsquant | Q2 2026 | $4.5M | 46.3K | New |
| AQR Capital Managementquant | Q2 2026 | $1.7M | 17.7K | Added |
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Recent insider activity
Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.
| Trade date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
2026-08-14 filed 2026-08-18 | Pappas ChristopherPresident and CEO | Sell | 50.0K | $110.47 | $5.5M |
2026-08-14 filed 2026-08-18 | Pappas ChristopherPresident and CEO | Sell | 50.0K | $109.75 | $5.5M |
2026-08-14 filed 2026-08-18 | Aldous AlexandrosGeneral Counsel | Sell | 9.5K | $110.93 | $1.1M |
2026-08-14 filed 2026-08-18 | Aldous AlexandrosGeneral Counsel | Sell | 8.4K | $112.16 | $938K |
2026-08-14 filed 2026-08-18 | Aldous AlexandrosGeneral Counsel | Sell | 6.2K | $113.19 | $699K |
2026-08-14 filed 2026-08-18 | Aldous AlexandrosGeneral Counsel | Sell | 4.2K | $108.78 | $458K |
2026-08-14 filed 2026-08-18 | Aldous AlexandrosGeneral Counsel | Sell | 3.4K | $110.16 | $372K |
2026-08-14 filed 2026-08-18 | Aldous AlexandrosGeneral Counsel | Sell | 3.1K | $107.65 | $329K |
2026-08-14 filed 2026-08-18 | Polychroni ChristinaChief Human Resources Officer | Sell | 2.8K | $112.00 | $308K |
2026-08-14 filed 2026-08-18 | Aldous AlexandrosGeneral Counsel | Sell | 300 | $106.93 | $32K |
2026-05-19 filed 2026-05-20 | Polychroni ChristinaChief Human Resources Officer | Sell | 4.5K | $79.21 | $356K |
2026-05-05 | Pappas ChristopherPresident and CEO | Sell | 125.0K | $78.00 | $9.8M |
Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 5.5M | +1.6% | 7.95 |
| 2026-07-31 | 5.4M | +10.2% | 6.42 |
| 2026-07-15 | 4.9M | +4.6% | 13.16 |
| 2026-06-30 | 4.7M | +4.8% | 7.75 |
| 2026-06-15 | 4.5M | +5.9% | 8.80 |
| 2026-05-29 | 4.3M | +0.1% | 10.25 |
| 2026-05-15 | 4.2M | -2.8% | 9.37 |
| 2026-04-30 | 4.4M | -10.1% | 7.73 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $4.15B | $3.79B | $3.43B | $2.61B | $1.75B |
| Gross profit | $1.00B | $914.1M | $814.5M | $618.6M | $390.5M |
| Operating income | $145.1M | $128.2M | $100.9M | $85.7M | $10.8M |
| Net income | $72.4M | $55.5M | $34.6M | $27.8M | $-4.9M |
| Diluted EPS | $1.68 | $1.32 | $0.88 | $0.73 | $-0.13 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $121.0M | $114.7M | $49.9M | $158.8M | $115.2M |
| Current assets | $969.9M | $868.0M | $730.9M | $720.9M | $470.0M |
| Total assets | $2.03B | $1.86B | $1.71B | $1.51B | $1.07B |
| Current liabilities | $473.5M | $425.4M | $385.8M | $283.7M | $197.0M |
| Long-term debt | $720.3M | $688.7M | $664.8M | $653.5M | $394.2M |
| Total liabilities | $1.42B | $1.32B | $1.25B | $1.11B | $723.6M |
| Total equity | $604.3M | $537.6M | $454.7M | $401.5M | $350.2M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $129.2M | $153.1M | $61.6M | $23.1M | $-19.9M |
| Capital expenditure | $41.4M | $49.5M | $57.4M | $45.8M | $38.8M |
| Free cash flow | $87.8M | $103.6M | $4.2M | $-22.7M | $-58.7M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q1 FY2026 | $1.06B | 11.4% | $17.4M | $0.40 |
| Q4 FY2025 | $1.14B | 10.5% | $21.7M | $0.47 |
| Q3 FY2025 | $1.02B | 9.6% | $19.1M | $0.44 |
| Q2 FY2025 | $1.03B | 8.4% | $21.2M | $0.49 |
| Q1 FY2025 | $950.7M | 8.7% | $10.3M | $0.25 |
| Q4 FY2024 | $1.03B | 8.7% | $23.9M | $0.52 |
| Q3 FY2024 | $931.5M | 5.6% | $14.1M | $0.34 |
| Q2 FY2024 | $954.7M | 8.3% | $15.5M | $0.37 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest Industrials peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.