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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

The Chefs' Warehouse, Inc. (CHEF) Quarterly Financial Ratios

Last 48 quarters of trend data · Consumer Defensive · Food Distribution

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

The Chefs' Warehouse, Inc.'s quarterly P/E stands at 37.2x, down 30.4% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 84.2% YoY to 3.1x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →47.8237.2031.7733.2632.4153.4722.4230.7426.43188.3019.3633.0940.64
—-30.4%+41.7%+8.2%+22.7%-71.6%+15.8%-7.1%-35.0%-18.8%—-12.5%+75.5%
P/S Ratio0.790.650.640.660.710.650.550.520.470.420.350.270.46
—-0.1%+16.7%+27.3%+50.1%+55.8%+54.7%+87.8%+1.8%-7.9%-11.1%-42.9%-26.7%
P/B Ratio6.124.514.844.655.244.554.224.003.893.252.972.233.86
—-1.0%+14.8%+16.3%+34.8%+40.1%+42.2%+79.5%+0.9%+1.5%-5.7%-32.6%-11.9%
P/FCF37.3222.4411.12—161.6716.558.7740.6133.8626.2917.47——
—+35.5%+26.7%—+377.5%-37.0%-49.8%——————
EV / EBITDA18.733.1413.8015.2015.8419.8412.0214.4713.4818.2510.4912.5015.66
—-84.2%+14.7%+5.0%+17.5%+8.7%+14.7%+15.8%-13.9%-22.0%-13.4%-12.3%+18.0%
EV / EBIT28.2921.7119.4222.9223.3635.8516.5221.9519.7336.5114.5819.8124.57
—-39.4%+17.6%+4.4%+18.4%-1.8%+13.3%+10.8%-19.7%-23.2%-10.5%-2.4%+26.2%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

The Chefs' Warehouse, Inc.'s operating margin was 3.1% in Q1 2026, down 1.4 pp QoQ and up 0.7 pp YoY.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin24.2%24.3%24.2%24.2%24.6%23.8%24.3%24.1%24.0%23.9%24.1%23.6%23.6%
—+2.2%-0.3%+0.3%+2.5%-0.7%+0.9%+2.4%+1.5%+1.6%+1.6%-1.2%-1.8%
Operating Margin3.7%3.1%4.5%3.8%3.9%2.4%4.5%3.4%3.5%1.9%4.1%2.9%2.9%
—+30.8%-0.2%+11.4%+9.5%+25.9%+10.9%+18.1%+23.5%+14.9%+7.8%-13.1%-39.8%
Net Margin1.7%1.6%1.9%1.9%2.1%1.1%2.3%1.5%1.6%0.2%1.7%0.8%1.1%
—+51.5%-18.0%+23.9%+26.2%+390.1%+37.5%+82.3%+45.3%+13.4%+1035.9%-33.6%-57.1%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE12.7%2.9%3.7%3.4%3.9%1.9%4.7%3.0%3.4%0.4%3.6%1.7%2.4%
—+50.2%-21.9%+12.8%+13.2%+345.5%+30.7%+75.3%+43.4%+23.3%+1106.1%-21.8%-48.8%
ROA3.7%0.9%1.1%1.0%1.1%0.6%1.3%0.8%0.9%0.1%1.0%0.4%0.6%
—+55.3%-16.5%+24.0%+23.7%+386.5%+38.5%+82.6%+48.8%+28.3%+1053.2%-36.1%-59.4%
ROIC7.7%2.1%2.5%2.0%2.2%1.3%2.6%1.8%1.9%0.9%2.0%1.4%1.4%
—+62.3%-4.8%+15.3%+16.1%+36.1%+26.1%+28.4%+32.9%+28.5%-9.0%-25.1%-41.7%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The Chefs' Warehouse, Inc.'s Debt/EBITDA ratio is 1.1x, down from 16.3x last quarter — comfortably within a safe range. The current ratio has improved 6.1% YoY to 2.18x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity1.950.421.951.651.671.681.701.931.982.072.042.502.17
—-74.9%+14.3%-14.5%-15.7%-18.5%-16.4%-22.8%-9.0%-20.5%-2.2%+44.9%+43.1%
Debt / EBITDA5.091.1216.3116.2515.6822.2014.3519.2218.4328.8817.4626.8923.12
—-94.9%+13.6%-15.5%-14.9%-23.1%-17.8%-28.5%-20.3%-33.8%-16.4%+27.1%+65.2%
Current Ratio2.052.182.052.142.012.052.041.851.851.921.892.062.14
—+6.1%+0.4%+16.0%+8.4%+6.5%+7.7%-10.4%-13.4%-16.0%-25.4%-17.5%+3.4%
Quick Ratio1.231.331.231.191.171.271.301.061.081.171.161.171.26
—+4.2%-4.9%+12.2%+8.8%+8.8%+12.1%-9.1%-14.9%-15.7%-30.9%-30.9%-1.4%
Interest Coverage3.493.195.093.703.752.223.872.712.901.213.162.252.11
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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CHEF — Frequently Asked Questions

Quick answers to the most common questions about buying CHEF stock.

What is The Chefs' Warehouse, Inc.'s quarterly P/E ratio trend?

The Chefs' Warehouse, Inc.'s current P/E is 47.8x. The average P/E over the last 4 quarters is 33.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do The Chefs' Warehouse, Inc.'s margins change by quarter?

The Chefs' Warehouse, Inc.'s current operating margin is 3.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at CHEF quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking The Chefs' Warehouse, Inc.'s business trajectory between earnings reports.

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