Chefs' Warehouse (CHEF) Gross Margin (2010 - 2026)
Chefs' Warehouse's (CHEF) quarterly Gross Margin came in at 25.06% in Q2 2026, up 49.0% year-over-year from 16.82% in Q2 2025, and up 3.13% quarter-over-quarter from 24.3% in Q1 2026.
Analysis
Chefs' Warehouse (CHEF) Gross Margin (2010 - 2026) Analysis & Trends
Chefs' Warehouse (CHEF) has reported Gross Margin for 17 consecutive years, with 25.06% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 49.0% year-over-year to 25.06% in Q2 2026; TTM through Jun 2026 was 24.46%, a 26.0% increase from a year earlier, with the FY2025 full-year figure at 24.2%, up 10.0% from the prior year.
- Gross Margin was 25.06% for Q2 2026 at Chefs' Warehouse, up from 24.3% in the prior quarter.
- Over five years, Gross Margin peaked at 25.06% in Q2 2026 and troughed at 22.95% in Q1 2022.
- A 5-year average of 23.99% and a median of 24.02% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 191 bps in 2022 and slumped 43 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 23.67% in 2022, then grew by 2 bps to 24.05% in 2023, then grew by 1 bps to 24.28% in 2024, then slipped by 0 bps to 24.21% in 2025, then climbed by 4 bps to 25.06% in 2026.
- The last three Gross Margin figures came in at 25.06% (Q2 2026), 24.3% (Q1 2026), and 24.21% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 38.34 Bn | 36.56 Bn | 4.13 Bn | 18.69% |
| 2 | US Foods Holding | 22.50 Bn | 22.45 Bn | 1.92 Bn | 18.22% |
| 3 | Performance Food | 15.40 Bn | 15.31 Bn | 2.17 Bn | 12.03% |
| 4 | Chefs' Warehouse | 4.66 Bn | 4.53 Bn | 292.89 Mn | 25.06% |
| 5 | United Natural Foods | 2.67 Bn | 2.63 Bn | 1.05 Bn | 13.58% |
| 6 | Karat Packaging | 964.06 Mn | 917.72 Mn | 77.16 Mn | 56.61% |
| 7 | G Willi Food International | 359.40 Mn | 313.05 Mn | 18.94 Mn | 33.22% |
| 8 | HF Foods | 95.40 Mn | 96.45 Mn | 55.05 Mn | 17.00% |
| 9 | Amcon Distributing | 66.02 Mn | 65.38 Mn | 49.80 Mn | 5.96% |
| 10 | Marwynn Holdings | 25.85 Mn | 25.70 Mn | 481,872.00 | 17.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 25.06% |
| 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% |