The Chefs' Warehouse, Inc. (CHEF) quarterly cash flow statement — complete operating, investing & financing history
The Chefs' Warehouse, Inc. (CHEF) cash flow statement — 16-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 44.49M | 58.39M | 38.26M | 73.87M | -8.72M | 14.5M | 49.57M | 73M | 19.83M | 29.33M | 30.9M | 41.59M | 9.26M | 13.04M | -2.26M | -8.61M | 1.11M | 9.5M | 10.28M | 6.43M |
| Operating CF Margin % | 3.92% | 5% | 3.61% | 6.46% | -0.85% | 1.4% | 5.21% | 7.06% | 2.13% | 3.07% | 3.53% | 4.38% | 1.05% | 1.48% | -0.31% | -1.09% | 0.17% | 1.47% | 2.01% | 1.15% |
| Operating CF Growth % | 610.35% | 302.63% | -22.81% | 1.18% | -143.96% | -50.55% | 60.41% | 75.52% | 114.11% | 124.82% | 1466.65% | 582.92% | 731.42% | 37.33% | -121.99% | -233.93% | 146.26% | 177.48% | 188.17% | 158.53% |
| Net Income | 29.62M | 33.77M | 17.37M | 21.68M | 19.15M | 21.24M | 10.29M | 23.93M | 14.1M | 15.52M | 1.93M | 16M | 7.32M | 9.87M | 1.4M | 1.17M | 8.28M | 16.91M | 1.39M | 8.44M |
| Depreciation & Amortization | 21.18M | 20.89M | 20.44M | 20.9M | 19.8M | 19.1M | 18.34M | 17.36M | 16.46M | 15.71M | 15.4M | 14.52M | 14.95M | 14.43M | 11.71M | 10.29M | 9.63M | 9.8M | 9.24M | 8.92M |
| Stock-Based Compensation | 0 | 7.54M | 5.29M | 6.69M | 4.92M | 4.87M | 4.76M | 4.6M | 4.42M | 4.55M | 4.2M | 4.19M | 5.27M | 5.25M | 5.33M | 4.52M | 3.1M | 2.94M | 3.04M | 3.03M |
| Deferred Taxes | 3.19M | 3.87M | 1.31M | 1.62M | 3.8M | 906K | 205K | -3.95M | 2.41M | 2.67M | 334K | 5.1M | 2.03M | 867K | 123K | 2.48M | 2.12M | 4.5M | 504K | 3.01M |
| Other Non-Cash Items | 11.21M | 4.65M | 5.01M | 11.63M | 4.8M | 6.14M | 4.02M | 3.57M | 2.69M | 2.98M | 5.62M | 2.51M | 6.06M | 6.06M | 3.83M | 17.27M | -4.05M | 5.6M | 1.48M | 1.69M |
| Working Capital Changes | -20.71M | -12.32M | -11.16M | 11.34M | -61.19M | -37.74M | 11.95M | 27.5M | -20.26M | -12.11M | 3.42M | -713K | -26.37M | -23.43M | -24.66M | -44.35M | -17.97M | -30.25M | -5.37M | -18.66M |
| Change in Receivables | -3.91M | -21.48M | 9.67M | -47.18M | 2.05M | -18.55M | 27.83M | -36.1M | -12.98M | -12.14M | 16.41M | -21.43M | -17.53M | -19.71M | 9.86M | -22.83M | -743K | -34.74M | 10.08M | -19.2M |
| Change in Inventory | -24.57M | -16.17M | 21.58M | 3.02M | -18.73M | -50.64M | -774K | 19.58M | -26.36M | -38.58M | 13.15M | 27.59M | -20.9M | -15.38M | -20.07M | -9.41M | -9.95M | -26.18M | -4.39M | -11.65M |
| Change in Payables | 15.31M | 26.13M | -45.44M | 0 | 0 | 34.28M | -19.59M | 46.37M | 23.13M | 40.73M | -22.91M | 858K | 17.26M | 15.5M | -15.04M | -2.77M | 2.21M | 29.56M | -9.83M | 12.2M |
| Cash from Investing | -8.49M | -9.51M | -7.7M | -13.42M | -11.02M | -9.98M | -12.34M | -8.38M | -8.01M | -16.06M | -17.38M | -23.58M | -12.99M | -83.1M | -59.63M | -138.35M | -18.18M | -33.29M | -42.21M | -23.84M |
| Capital Expenditures | -8.49M | -9.23M | -7.7M | -8.09M | -11.02M | -9.98M | -12.34M | -8.38M | -8.01M | -16.06M | -17.07M | -22.3M | -11.97M | -14.46M | -8.7M | -14.18M | -8.18M | -9.28M | -14.21M | -20.93M |
| CapEx % of Revenue | 0.75% | 0.79% | 0.73% | 0.71% | 1.08% | 0.96% | 1.3% | 0.81% | 0.86% | 1.68% | 1.95% | 2.35% | 1.36% | 1.64% | 1.21% | 1.79% | 1.24% | 1.43% | 2.77% | 3.75% |
| Acquisitions | 0 | 0 | 0 | -4.58M | 0 | 0 | 0 | 0 | 0 | 0 | -315K | -1.28M | -1.02M | -68.64M | -50.94M | -124.17M | -10M | -24.01M | -28M | -2.91M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -283K | 0 | -750K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -6.73M | -36.09M | -28.78M | -4.63M | -11.94M | -24.23M | -35.41M | -656K | 537K | -17.11M | -21.25M | -1.46M | -22.52M | 38.14M | -5.14M | 160.96M | 110.84M | -3.88M | -3.85M | -1.73M |
| Debt Issued (Net) | -6.44M | -36.04M | -10.7M | -4.47M | -6.09M | -14M | -24M | 6.65M | 826K | -9.65M | -7.88M | 6.51M | -21.76M | 41.7M | -3.38M | 170.08M | 111.33M | -1.36M | -1.41M | -1.69M |
| Equity Issued (Net) | 0 | -52K | -7.96M | 1K | -5M | -10M | -11.41M | -7.42M | -94K | -5M | -5M | 2.08M | -19K | -352K | -1.76M | -90K | 69K | -518K | -2.04M | -37K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -52K | -10M | 1K | -5M | -10M | -11.41M | -7.42M | -94K | -5.21M | -12.08M | 2.13M | -19K | -352K | -1.76M | -90K | -26K | -518K | -2.04M | -37K |
| Other Financing | -291K | 0 | -10.11M | -161K | -855K | -227K | 0 | 120K | -195K | -2.46M | -8.37M | -10.05M | -739K | -3.21M | 0 | -9.03M | -564K | -2M | -406K | 0 |
| Net Change in Cash | 29.26M | 12.76M | 1.73M | 55.92M | -31.8M | -19.66M | 1.88M | 63.95M | 12.37M | -3.93M | -7.61M | 16.82M | -26.53M | -32.15M | -67.06M | 13.38M | 93.62M | -27.63M | -35.72M | -19.06M |
| Free Cash Flow | 36M | 49.16M | 30.56M | 65.78M | -19.73M | 4.52M | 37.22M | 64.63M | 11.82M | 13.27M | 13.83M | 19.3M | -2.71M | -1.42M | -10.96M | -22.8M | -7.06M | 214K | -3.92M | -14.5M |
| FCF Margin % | 3.17% | 4.21% | 2.89% | 5.76% | -1.93% | 0.44% | 3.91% | 6.25% | 1.27% | 1.39% | 1.58% | 2.03% | -0.31% | -0.16% | -1.52% | -2.88% | -1.07% | 0.03% | -0.77% | -2.6% |
| FCF Growth % | 282.45% | 987.24% | -17.9% | 1.78% | -266.9% | -65.92% | 169.06% | 234.92% | 535.79% | 1037.74% | 226.26% | 184.65% | 61.58% | -761.21% | -179.3% | -57.23% | 34.04% | 101.13% | 73.05% | -14.93% |
| FCF per Share | 0.78 | 1.07 | 0.66 | 1.43 | -0.43 | 0.10 | 0.81 | 1.41 | 0.26 | 0.29 | 0.36 | 0.42 | -0.06 | -0.03 | -0.29 | -0.60 | -0.17 | 0.01 | -0.11 | -0.35 |
| FCF Conversion (FCF/Net Income) | 1.50x | 1.73x | 2.20x | 3.41x | -0.46x | 0.68x | 4.82x | 3.05x | 1.41x | 1.89x | 16.00x | 2.60x | 1.26x | 1.32x | -1.61x | -7.34x | 0.13x | 0.56x | 7.42x | 0.76x |
| Interest Paid | 6.12M | 16.73M | 1.78M | 10.99M | 6.95M | 20.18M | 376K | 13.2M | 6.25M | 21.78M | 0 | 42.07M | 0 | 0 | 7.37M | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 13.01M | 8.75M | 8.24M | 6.18M | 2.57M | 5.93M | 8.23M | 8.79M | 3.71M | -4.39M | 0 | 357K | 0 | 0 | 2.54M | 0 | 0 | 0 | 0 | 0 |