Chefs' Warehouse (CHEF) Gross Margin (2010 - 2026)

Chefs' Warehouse (CHEF) reported Gross Margin of 24.3% for Q1 2026, up 53.0% year-over-year from 15.88% in Q1 2025, and little changed quarter-over-quarter from 24.21% in Q4 2025.

Chefs' Warehouse (CHEF) Gross Margin (2010 - 2026) Analysis & Trends

Chefs' Warehouse (CHEF) has 17 years of Gross Margin data on file, last reported at 24.3% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 24.3%, up 53.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.32% (up 27.0% YoY), and the FY2025 annual result was 24.2%, up 10.0% from the prior year.
  • Gross Margin held at 24.3% in Q1 2026 per CHEF's latest filing, from 24.21% in the prior quarter.
  • Over five years, Gross Margin peaked at 24.58% in Q2 2025 and troughed at 22.95% in Q1 2022.
  • A 5-year average of 23.93% and a median of 23.99% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 191 bps in 2022, then sank 43 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 23.67% in 2022, then increased by 2 bps to 24.05% in 2023, then increased by 1 bps to 24.28% in 2024, then dropped by 0 bps to 24.21% in 2025, then grew by 0 bps to 24.3% in 2026.
  • Business Quant data shows CHEF's Gross Margin at 24.3% in Q1 2026, 24.21% in Q4 2025, and 24.2% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sysco 37.73 Bn 35.83 Bn 3.81 Bn 18.58%
2 US Foods Holding 19.91 Bn 19.86 Bn 1.65 Bn 17.20%
3 Performance Food 15.69 Bn 15.65 Bn 1.94 Bn 11.90%
4 Chefs' Warehouse 3.31 Bn 3.19 Bn 257.37 Mn 24.30%
5 United Natural Foods 3.08 Bn 3.04 Bn 1.05 Bn 13.58%
6 Andersons 2.53 Bn 2.50 Bn 160.58 Mn 6.11%
7 Mission Produce 800.45 Mn 798.35 Mn 20.50 Mn 7.05%
8 G Willi Food International 481.37 Mn 403.39 Mn 14.95 Mn 28.31%
9 CVGW 466.33 Mn 420.35 Mn - -
10 HF Foods 100.80 Mn 101.81 Mn 50.53 Mn 16.19%

Historic Data

Download Data
DateValue
Mar 27, 2026 24.30%
Dec 26, 2025 24.21%
Sep 26, 2025 24.20%
Jun 27, 2025 24.58%
Mar 28, 2025 23.77%
Dec 27, 2024 24.28%
Sep 27, 2024 24.13%
Jun 28, 2024 23.99%
Mar 29, 2024 23.95%
Dec 29, 2023 24.05%
Sep 29, 2023 23.55%
Jun 30, 2023 23.64%
Mar 31, 2023 23.58%
Dec 30, 2022 23.67%
Sep 23, 2022 23.84%
Jun 24, 2022 24.07%
Mar 25, 2022 22.95%
Dec 24, 2021 22.51%
Sep 24, 2021 22.71%
Jun 25, 2021 22.67%