Growth Metrics

Chefs' Warehouse (CHEF) Gross Margin (2016 - 2025)

Chefs' Warehouse (CHEF) has disclosed Gross Margin for 16 consecutive years, with 24.21% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin fell 8.0% to 24.21% in Q4 2025 year-over-year; TTM through Dec 2025 was 24.2%, a 10.0% increase, with the full-year FY2025 number at 24.2%, up 10.0% from a year prior.
  • Gross Margin was 24.21% for Q4 2025 at Chefs' Warehouse, roughly flat from 24.2% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 24.58% in Q2 2025 to a low of 21.04% in Q1 2021.
  • A 5-year average of 23.57% and a median of 23.81% in 2022 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: crashed -173bps in 2021, then skyrocketed 191bps in 2022.
  • Chefs' Warehouse's Gross Margin stood at 22.51% in 2021, then grew by 5bps to 23.67% in 2022, then rose by 2bps to 24.05% in 2023, then rose by 1bps to 24.28% in 2024, then decreased by 0bps to 24.21% in 2025.
  • Per Business Quant, the three most recent readings for CHEF's Gross Margin are 24.21% (Q4 2025), 24.2% (Q3 2025), and 24.58% (Q2 2025).